NOT LISTED FOR SALE

117 Nichol Ave New Brunswick, NJ 08901

Estimated Value: $568,425 - $631,000

5 Beds
2 Baths
-- Sq Ft
5,249 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $500,000

Est. 18% increase in value since last sale

Current estimated payment $4,081/month

108 Days on Market

Highlights

  • 0.12 Acre Lot
  • Property is near public transit
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Private Yard

About This Home

As of November 2023

Location! Location! Location! This is an elite college rental, first House from Rutger's campus, the house with 5Br & 2Ba(Legal up to 7): Current rent to 6 students Monthly rent: $4,190(potential rent full 7 for $4,900)with a new lease to May 2024, Tenants pay all utilities, 5 minutes to Red Oak Ln bus stop, to all other campus. 6 backyard and long driveway parking in addition to street. In house laundry. 2 detached garages can be rented as storage to increase more income($100 each per month). Sold as is condition. Opportunity is knocking!

Last Listed By

SHUYING CHEN

RE/MAX OUR TOWN Listed on: 08/01/2023

RE/MAX OUR TOWN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,881

Year Built

  • Built in 1940

Lot Details

  • 5,249 Sq Ft Lot
  • Private Yard
  • Property is zoned R-5A

Parking

  • 2 Car Detached Garage
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Underground Utilities
  • Gas Water Heater
  • Sewer Tap Fee

Community Details

  • New Brunswick Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,881

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1205
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: New Brunswick
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room, Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Finished, Bath Full, Bedroom, Laundry Facilities, Exterior Entry, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Dining Room, Family Room, Entrance Foyer, Kitchen, 4 Bedrooms, Bath Main, Bath Full, Attic
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Exterior Features: Curbs, Enclosed Porch(es), Open Porch(es), Sidewalk, Yard
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 5249
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 8881
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Nov 2, 2023
Sold by
Sun Ming and Sun Peng
Bought by
Xiang Bangping
Seller's Agent
SHUYING CHEN
RE/MAX OUR TOWN
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%
Total Days on Market
108
Views
406
Current Estimated Value
$592,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,356
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Hsu Young and He Weile
Bought by
Sun Ming and Zhou Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,627
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Sold by
Parra Rodriguez Evelyn
Bought by
Hsu Young and He Weili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Torres Juan
Bought by
Rodriguez Evelyn Parra

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
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 1994
Sold by
Np Funding Ii
Bought by
Tracey Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.65%
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
Xiang Bangping $500,000 Safe Land Title
Sun Ming $3,835,000 Nrt Title Agency Llc
Hsu Young $397,500 None Available
Rodriguez Evelyn Parra $383,000 --
Tracey Constance $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Ming $287,627
Previous Owner Hsu Young $247,000
Previous Owner Rodriguez Evelyn $340,000
Previous Owner Rodriguez Between Evelyn $35,000
Previous Owner Rodriguez Evelyn Parra $306,400
Previous Owner Tracey Constance $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $500,000 +2.2% --
08/01/2023 08/01/23 For Sale $489,000 -- --
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 $9,073 $393,800 $165,800 $228,000
2023 $9,073 $356,800 $165,800 $191,000
2022 $8,881 $356,800 $165,800 $191,000
2021 $6,588 $356,800 $165,800 $191,000
2020 $8,813 $356,800 $165,800 $191,000
2019 $8,645 $356,800 $165,800 $191,000
2018 $8,449 $356,800 $165,800 $191,000
2017 $8,114 $356,800 $165,800 $191,000
2016 $8,987 $153,200 $34,400 $118,800
2015 $8,772 $153,200 $34,400 $118,800
2014 $8,616 $153,200 $34,400 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2401329R

All Jersey MLS

APN: 13-00213-0000-00007