NOT LISTED FOR SALE

101 W Franklin St Bound Brook, NJ 08805

Estimated Value: $552,000 - $611,000

-- Bed
-- Bath
1,765 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $385,000 $218 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,003/month

75 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Workshop
  • Property is near public transit
  • Private Yard
  • 1 Car Detached Garage

About This Home

As of September 2020

Let's welcome this 2 Family to the market. Renovations completed throughout the property- new bathroom on first floor-Walking distance to the train station and Bound Brook High School. 1st floor - 1 ample size bedroom, living room, spacious eat in kitchen, and bathroom-2nd floor unit is 3 bedrooms, full bathroom, kitchen, and a huge attic that can be completely finished- this unit is vacant-

Last Listed By

Klaudia Piotrowicz

HALO REALTY Listed on: 06/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,755

Year Built

  • Built in 1910

Lot Details

  • Private Entrance
  • Corner Lot
  • Private Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Carpet

Basement

  • Partial Basement
  • Workshop

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,755

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1910
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water)
  • Has Basement: Partial, Utility Room, Workshop
  • Flooring: Unit 2 Carpet
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath)
  • Living Area: 1765
  • Stories: 2

Exterior Features

  • Lot Features: Near Train, Corner Lot
  • Exterior Features: Porch(es) - Open, Deck, Yard, Porch, Private Entrance
  • Patio And Porch Features: Porch(es) - Open, Deck, Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Detached, 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s),A/C Window Unit(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 10755
  • Tax Year: 2018

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 23, 2020
Sold by
Ramirez Elvin and Ramirez Jennifer
Bought by
Arroyo Angela
Seller's Agent
Klaudia Piotrowicz
HALO REALTY
List Price
$385,000
Sold Price
$385,000
Total Days on Market
75
Current Estimated Value
$577,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,224
Avg. Annual Appreciation
9.00%
Original Mortgage
$378,026
Outstanding Balance
$339,259
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$237,965

Purchase Details

Closed on
Sep 15, 2005
Sold by
Catheri Catherine L Reider Fka
Bought by
Ramirez Elvin and Ramirez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
5.92%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Linn Paul W
Bought by
Lempicki Lawrence Z and Lempicki Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 25, 1992
Sold by
Linn Beverly J Exec
Bought by
Lynn Beverly J Trs For F Linn
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arroyo Angela $385,000 Residential Com Ttl Agcy Llc
Arroyo Angela $385,000 None Listed On Document
Ramirez Elvin $383,000 --
Lempicki Lawrence Z $139,000 --
Lynn Beverly J Trs For F Linn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Angela $378,026
Closed Arroyo Angela $378,026
Previous Owner Ramirez Elvin $287,503
Previous Owner Ramirez Elvin $306,400
Previous Owner Lempicki Lawrence Z $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $385,000 0.0% $218 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $385,000 -- $218 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,275 $496,900 $214,000 $282,900
2023 $10,852 $460,200 $184,000 $276,200
2022 $10,621 $426,900 $164,000 $262,900
2021 $11,410 $368,700 $124,000 $244,700
2020 $11,403 $369,400 $104,000 $265,400
2019 $11,410 $352,500 $84,000 $268,500
2018 $10,755 $322,600 $84,000 $238,600
2017 $10,844 $317,900 $84,000 $233,900
2016 $9,742 $287,700 $64,000 $223,700
2015 $10,559 $318,900 $69,000 $249,900
2014 $10,246 $298,900 $49,000 $249,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2018260

All Jersey MLS

APN: 04-00063-0000-00009