RENTED JAN 15, 2025

118 Highland Ave Highland Park, NJ 08904

Estimated Value: $564,913 - $627,000

2 Beds
1 Bath
-- Sq Ft
7,100 Sq Ft Lot

Last Sold October 16, 2024

Last sale price $580,000

Est. 5% increase in value since last sale

Current estimated payment $4,059/month

Highlights

  • Galley Kitchen
  • Separate Shower in Primary Bathroom
  • Carpet
  • Irving Primary School Rated A-
  • Library
  • Radiator

About This Home

As of January 2025

Renovated 2nd floor oversized 1.5 bed/ 1 bath apartment on the second floor of a 2 family building. Layout has two studio size bedrooms with end living room/ closet or oversized 1.5 bed apartment with bonus office space/ large closet. The apartment is wall to wall windows, shared laundry in the basement, additional available storage and off street parking on a residential street. Close to downtown Highland Park shops and restaurants on Route 27 and Rutgers University. Pets are allowed with a fee.

Last Agent to Rent the Property

Michael Pennisi

COLDWELL BANKER REALTY Listed on: 01/10/2025

COLDWELL BANKER REALTY

Condo Details

Home Type

  • Condominium

Year Built

  • 1937

Lot Details

  • 7,100

Interior Spaces

  • 2-Story Property
  • Library

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include gas, heat, snow removal, trash, ground maintenance, water

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Year Built

1937

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 50.00 x 142.00
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built (Public Record): 1937

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Room Kitchen Features: Galley Type
  • Appliances: Gas Range/Oven, Stove/Oven, Gas Water Heater
  • Has Basement: Full, Storage Space, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl-Linoleum
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Library/Office, Bath Main
  • Stories: 2

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Gas, Heat, Snow Removal, Trash, Maintenance Grounds, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Oct 3, 2024
Sold by
Bodo Anthony and Bodo Louise
Bought by
Shum Wesley and Tran Jennifer Carol
Seller's Agent
Bruce Parker
BEST REALTY
List Price
$537,000
Sold Price
$580,000
Premium/Discount to List
$43,000
8.01%
Views
26
Current Estimated Value
$607,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,478
Avg. Annual Appreciation
3.97%
Original Mortgage
$408,750
Outstanding Balance
$404,229
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$203,249
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shum Wesley $580,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shum Wesley $408,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Rented $1,775 +1.4% --
01/10/2025 01/10/25 For Rent $1,750 0.0% --
10/16/2024 10/16/24 Sold $580,000 +8.0% $414 / Sq Ft View Prior Sale
08/04/2024 08/04/24 For Sale $537,000 -- $384 / 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
2025 $10,395 $464,000 $257,500 $206,500
2024 $10,129 $415,500 $257,500 $158,000
2023 $10,129 $415,500 $257,500 $158,000
2022 $10,293 $123,700 $55,800 $67,900
2021 $4,557 $123,700 $55,800 $67,900
2020 $10,152 $123,700 $55,800 $67,900
2019 $10,159 $123,700 $55,800 $67,900
2018 $8,010 $123,700 $55,800 $67,900
2017 $9,718 $123,700 $55,800 $67,900
2016 $9,770 $123,700 $55,800 $67,900
2015 $9,404 $123,700 $55,800 $67,900
2014 $9,250 $123,700 $55,800 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2507924R

All Jersey MLS

APN: 07-01201-0000-00007