NOT LISTED FOR SALE

Estimated Value: $544,857 - $692,000

5 Beds
2 Baths
-- Sq Ft
2,522 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $313,000

Est. 99% increase in value since last sale

Current estimated payment $4,233/month

27 Days on Market

About This Home

As of May 2022

This 2 family features 2 bedrooms,1 bath, LR & EIK on the first floor that leads to a full open Porch ready for all season relaxation. Upstairs you will find the 2nd unit that has 3 bedrooms, 1 bath LR & EIK. This home is in need of repair and updating but is a true Diamond in the rough and has the potential to be an excellent investment. With the right eye this home can keep up with all the new construction homes that surround it. Home is being sold in "AS IS" condition. WHAT ARE YOU WAITING FOR, SEE IT, BUY IT & MAKE IT YOURS!

Last Listed By

Malik Crichlow

Good Buy Homes NJ Listed on: 04/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • 1900

Lot Details

  • 2,522 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00884 / 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 843-9804
  • MLS Status: Sold - Sold
  • Directions: Catherine St to Lafayette St OR East Jersey St. to Madison Ave to Lafayette St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2522.0

Tax Info

  • Tax Annual Amount: 8254.0
  • Tax Block: 00009
  • Tax Lot: 00884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 27, 2022
Sold by
1047 Lafayette Llc
Bought by
Trc Property Management Llc
Seller's Agent
Malik Crichlow
Good Buy Homes NJ
Buyer's Agent
Malik Crichlow
Good Buy Homes NJ
List Price
$319,000
Sold Price
$313,000
Premium/Discount to List
-$6,000
-1.88%
Total Days on Market
27
Current Estimated Value
$624,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,214
Avg. Annual Appreciation
25.78%
Original Mortgage
$328,280
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Union County Sheriff
Bought by
1047 Lafayette Llc

Purchase Details

Closed on
Oct 21, 2008
Sold by
New Jersey Investment Associates Inc
Bought by
Lewis Lennox

Purchase Details

Closed on
Oct 10, 2002
Sold by
Nj Affordable Homes Corp
Bought by
Lewis Lennox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,910
Interest Rate
6.2%

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
Trc Property Management Llc $313,000 Wfg National Title
Trc Property Management Llc $313,000 Wfg National Title
1047 Lafayette Llc $75,000 --
Lewis Lennox -- Riverside Title Agency Inc
Lewis Lennox $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trc Property Management Llc $347,750
Closed Trc Property Management Llc $328,280
Previous Owner 1047 Lafayette Llc $165,000
Previous Owner 1047 Lafayette Llc $77,061
Previous Owner Lewis Lennox $292,000
Previous Owner Lewis Lennox $54,750
Previous Owner Lewis Lennox $179,910
Previous Owner Nj Affordable Homes Corp $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $313,000 -1.9% --
05/05/2022 05/05/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $319,000 -- --
Source: New 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 $8,863 $453,700 $143,200 $310,500
2023 $8,863 $28,200 $6,500 $21,700
2022 $8,623 $28,200 $6,500 $21,700
2021 $8,445 $28,200 $6,500 $21,700
2020 $8,254 $28,200 $6,500 $21,700
2019 $8,128 $28,200 $6,500 $21,700
2018 $8,049 $28,200 $6,500 $21,700
2017 $7,825 $28,200 $6,500 $21,700
2016 $7,825 $28,200 $6,500 $21,700
2015 $7,360 $28,200 $6,500 $21,700
2014 $7,139 $28,200 $6,500 $21,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22011974

New Jersey MLS

APN: 04-00009-0000-00884