NOT LISTED FOR SALE

110 Park Ave Unit 112 Hightstown, NJ 08520

Estimated Value: $601,000 - $722,000

-- Bed
-- Bath
2,445 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $605,000 $247 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,427/month

81 Days on Market

Highlights

  • 0.51 Acre Lot
  • Solid Hardwood Flooring
  • Bay Window
  • Colonial Architecture
  • Wood Frame Window
  • Shed

About This Home

As of February 2024

Fully renovated in 2021, this 2 family building is spacious and gracious. Nestled on a quiet side street in Hightstown on 1/2 acre the property is ideal for families and those who enjoy privacy and a walk to downtown.

New roof, all new electric and plumbing, new HVAC. New kitchens and bathrooms. Engineered Hickory Hardwood Floors. Each is separately metered for gas, electric and water. All utilities paid by tenants. One year leases in effect. Both units have individual basements for storage. Each unit has its own driveway. Garden shed for lawnmower storage. Peach and nectarine trees planted in the far section of the backyard.

The 3 Bedroom has a large living room (with a bay window), dining room, kitchen and separate laundry and pantry. Original Hardwood floors in the living room and dining room. Approximately 1,500 square feet of living space plus attic and basement storage. Private driveway with basement door access. Currently rented until April 30, 2024 at $3,200 per month.

The 2 Bedroom unit with Living Room, large kitchen, laundry and 1.5 baths has its own basement storage and access to the expansive yard. Private driveway. Currently rented at $2,200 per month until September 30, 2024.

Could be ideal for a larger 1 family home or live in one side and rent the other.

Note: Above ground pool is as-is.

Last Agent to Sell the Property

Chris Falco

Aughenbaugh Realty, LLC Listed on: 09/21/2023

Last Buyer's Agent

Michael Habib

EXP Realty, LLC License #2185004

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,759

Year Built

  • Built in 1850

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 73.50 x 300.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Batts Insulation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,445 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Double Hung Windows
  • Bay Window
  • Wood Frame Window
  • Window Screens
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Solid Hardwood
  • Engineered Wood
  • Tile or Brick

Laundry

  • Washer
  • Gas Dryer

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • On-Street Parking

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Shed
  • Utility Building
  • Outbuilding

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 04-00008-00009

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $1,000
  • Gross Income $62,400
  • Net Operating Income $48,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,759

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Air Cleaner, Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Range Hood, Washer, Water Heater
  • Flooring Type: Tile/Brick, Engineered Wood, Solid Hardwood
  • Window Features: Double Hung, Bay/Bow, Screens, Wood Frame
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Stone, Block, Crawl Space
  • Room Count: 11
  • Total Sq Ft: 2445
  • Living Area Sq Ft: 2445
  • Price Per Sq Ft: 269.53
  • Above Grade Finished Sq Ft: 2445
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 110 - 112

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Utility Building
  • Construction Materials: Aluminum Siding, Batts Insulation, Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: EAST WINDSOR REGIONAL SCHOOLS
  • School District Key: 300200396171
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 73.50 x 300.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22050.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: None
  • Rent Control: No
  • Total Actual Rent: 62400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 62400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1000.00

Tax Info

  • Tax Annual Amount: 11759.00
  • Assessor Parcel Number: 04-00008-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 2445
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/02/2024

MLS Schools

  • School District Name: EAST WINDSOR REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jan 15, 2024
Sold by
Orion Development Llc
Bought by
Khan Golam Faruque and Faruque Sajeda
Seller's Agent
Chris Falco
Aughenbaugh Realty, LLC
Buyer's Agent
Michael Habib
EXP Realty, LLC
List Price
$735,000
Sold Price
$605,000
Premium/Discount to List
-$130,000
-17.69%
Views
256
Current Estimated Value
$642,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,945
Avg. Annual Appreciation
2.86%
Original Mortgage
$453,750
Outstanding Balance
$447,066
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$181,904

Purchase Details

Closed on
Nov 12, 2020
Sold by
Falaco Christopher
Bought by
Orion Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,660
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 2019
Sold by
Bank Of America Na
Bought by
Falco Christopher

Purchase Details

Closed on
Dec 13, 2018
Sold by
Sitko Nicole R
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 30, 2009
Sold by
Sitko Roman A and Sitko Florence T
Bought by
Sitko Roman A
Source: Public Records

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Range of Values:

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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
Khan Golam Faruque $605,000 Mega Title
Orion Development Llc -- First American Title
Falco Christopher $205,000 First American Title Ins Co
Bank Of America Na -- None Available
Sitko Roman A -- --
Sitko Roman A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Golam Faruque $453,750
Previous Owner Orion Development Llc $151,660
Previous Owner Sitko Roman A $411,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $605,000 -8.2% $247 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $659,000 -10.3% $270 / Sq Ft
09/21/2023 09/21/23 For Sale $735,000 -- $301 / Sq Ft
Source: Bright 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 $12,181 $251,000 $98,800 $152,200
2023 $12,181 $251,000 $98,800 $152,200
2022 $11,759 $251,000 $98,800 $152,200
2021 $11,335 $251,000 $98,800 $152,200
2020 $11,077 $251,000 $98,800 $152,200
2019 $10,768 $251,000 $98,800 $152,200
2018 $10,454 $251,000 $98,800 $152,200
2017 $10,346 $251,000 $98,800 $152,200
2016 $10,256 $251,000 $98,800 $152,200
2015 $10,191 $251,000 $98,800 $152,200
2014 $10,256 $251,000 $98,800 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2035346

Bright MLS

APN: 04-00008-0000-00009