NOT LISTED FOR SALE

118 William St South River, NJ 08882

Estimated Value: $428,000 - $517,672

-- Bed
-- Bath
1,254 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $460,000 $367 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,092/month

59 Days on Market

Highlights

  • Corner Lot
  • Property is near shops
  • Baseboard Heating
  • Enclosed Patio or Porch

About This Home

As of April 2023

Rare chance to own these meticulously maintained 2 homes on one lot in South River NJ. Investors dream come true! Short drive to NYC. New Brunswick Train Station minutes away. Short distance from I-95, Garden State Parkway, I-287, Rt 18, and 1 & 9. Each unit has separate utilities! Washer and dryer in each unit. BONUS 4+ car driveway parking! Start the year right, do not miss out on this amazing property! Schedule your showing today to learn more about this great opportunity.

Last Agent to Sell the Property

ALEKSANDAR RUNTEVSKI

RE/MAX FIRST REALTY, INC. Listed on: 02/04/2023

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,534

Year Built

  • Built in 1940

Lot Details

  • 5,101 Sq Ft Lot
  • Lot Dimensions are 102.00 x 50.00
  • Corner Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,254 Sq Ft Home
  • 2-Story Property

Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near shops

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,534

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1171
  • Lot Size: 102.00 x 50.00
  • Ownership: See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1940
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Unit 1(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities
  • Interior Amenities: Unit 1(4 Bedrooms,Kitchen,Laundry Hookup,2+ Baths,Den/Family Room), Unit 2(2 Bedrooms,1 Bath)
  • Living Area: 1254
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Corner Lot
  • Exterior Features: Porch(es) - Enclosed, Porch(es) - Open, Sidewalk
  • Patio And Porch Features: Enclosed, Porch(es) - Open
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5101
  • Zoning: R-75

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 6534
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 30, 2023
Sold by
Popovski Vanch and Popovski Liljana
Bought by
Sampaio Ricardo and Sampaio Ryan
Seller's Agent
ALEKSANDAR RUNTEVSKI
RE/MAX FIRST REALTY, INC.
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
230
Current Estimated Value
$473,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,168
Avg. Annual Appreciation
1.16%
Original Mortgage
$391,000
Outstanding Balance
$379,933
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$93,235

Purchase Details

Closed on
Jun 10, 2021
Sold by
Popovski Lilijana and Popovski Vancho
Bought by
Popovski Vanch and Popovski Liljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Mikulin Joseph
Bought by
Popovski Vancho and Popovski Liljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.47%
Source: Public Records

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
Sampaio Ricardo $460,000 None Listed On Document
Sampaio Ricardo $460,000 None Listed On Document
Popovski Vanch -- Ats Title Agency Inc
Popovski Vanch -- Westcor Land Title
Popovski Vancho $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampaio Ricardo $391,000
Closed Sampaio Ricardo $391,000
Previous Owner Popovski Vanch $146,000
Previous Owner Popovski Vancho $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $460,000 +2.2% $367 / Sq Ft
02/05/2023 02/05/23 For Sale $450,000 -- $359 / 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 $6,854 $269,100 $99,800 $169,300
2024 $6,649 $269,100 $99,800 $169,300
2023 $6,649 $269,100 $99,800 $169,300
2022 $6,534 $269,100 $99,800 $169,300
2021 $4,683 $269,100 $99,800 $169,300
2020 $6,154 $269,100 $99,800 $169,300
2019 $6,606 $80,200 $18,800 $61,400
2018 $6,447 $80,200 $18,800 $61,400
2017 $6,211 $80,200 $18,800 $61,400
2016 $5,977 $80,200 $18,800 $61,400
2015 $5,843 $80,200 $18,800 $61,400
2014 $5,709 $80,200 $18,800 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308268R

All Jersey MLS

APN: 23-00050-0000-00003