
Seller's Agent in 2022
Benjamin Jampel
WEICHERT CO REALTORS
(908) 627-2880
1 in this area
6 Total Sales
Estimated Value: $618,000 - $709,000
Listing agent is related to the seller. This fantastic 2-unit investment property offers an unbeatable location that draws tenants in, and keeps vacancies low! Just two blocks from tree-lined downtown Highland Park, and less than a mile from downtown NB, the prime neighborhood provides a convenient lifestyle and easy access to restaurants, shopping, & commuter trains. The 2,444 s.f. property encompasses two units, each with 3-beds, 1-bath; with separate meters for gas & electric, private entries, and idyllic covered porches where tenants can watch the seasons pass. Arched doorways and wood floors throughout are charming details, with high ceilings creating a feeling of spaciousness. Each unit offers a living room, dining room and eat-in kitchen with large walk-in pantry. The upstairs unit has an additional three-season porch, and offers untapped income potential in an unfinished walk-up attic that could be converted into a large master suite and bath. The exterior is freshly painted, and outdoor spaces include a front lawn, open backyard, and 4-car off-street parking. Shared laundry is in the basement, steam radiators provide gas heat, and tenants pay all utilities except water. Current rents are $1,520 & $1,800, and are well below the market rate of $2,100 for each. Available for the first time in over 40 years, this investment has paid off for the current owner! A property with a steady, proven income, and a truly convenient location; schedule a showing today!
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Dardir Kholud H | $486,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/03/2022 01/03/22 | Sold | $540,000 | 0.0% | -- |
12/04/2021 12/04/21 | Pending | -- | -- | -- |
11/06/2021 11/06/21 | For Sale | $540,000 | -- | -- |
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 | $13,557 | $542,700 | $258,500 | $284,200 |
2023 | $13,557 | $542,700 | $258,500 | $284,200 |
2022 | $15,137 | $177,600 | $94,500 | $83,100 |
2021 | $7,467 | $177,600 | $94,500 | $83,100 |
2020 | $14,934 | $177,600 | $94,500 | $83,100 |
2019 | $14,945 | $177,600 | $94,500 | $83,100 |
2018 | $14,102 | $177,600 | $94,500 | $83,100 |
2017 | $14,027 | $177,600 | $94,500 | $83,100 |
2016 | $14,027 | $177,600 | $94,500 | $83,100 |
2015 | $13,501 | $177,600 | $94,500 | $83,100 |
2014 | $13,281 | $177,600 | $94,500 | $83,100 |
Seller's Agent in 2022
Benjamin Jampel
WEICHERT CO REALTORS
(908) 627-2880
1 in this area
6 Total Sales
Source: All Jersey MLS
MLS Number: 2205888R
APN: 07-01601-0000-00033