$500,000
SOLD AUG 5, 2024

12 Adalist Ave Butler, NJ 07405

6 Beds
5 Baths
2,874 Sq Ft
0.26 Acres

Recently Sold

$174 Per Sq Ft

43% Above List Price

9 Days on Market

About This Home

As of August 2024

Welcome to this charming two-family home nestled in the heart of Butler! This property offers a unique opportunity for investors or those seeking a multi-generational living arrangement. Situated in a quaint neighborhood, this home boasts a convenient location with easy access to all that Butler has to offer. As you step inside, you'll find spacious living areas ready for your personal touch. With a bit of imagination and renovation, you can transform this space into your dream home. The possibilities are endless! One of the highlights of this property is the rear deck, perfect for enjoying outdoor gatherings or simply unwinding after a long day. Imagine sipping your morning coffee or hosting summer barbecues in this lovely outdoor space. Butler offers a fantastic community atmosphere with top-notch schools, parks, and recreational facilities. Don't miss out on this incredible opportunity to own a piece of Butler's vibrant community.

Last Agent to Sell the Property

Michael Morris

Vylla Home

Vylla Home

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,977

Year Built

  • 1903

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 0.26 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,977

Year Built

1903

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (856) 206-0413
  • MLS Status: Sold - Sold
  • Directions: Roosevelt Ave to Valley Rd to Adalist Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Remarks: Partial/Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 11500.0

Tax Info

  • Tax Annual Amount: 11977.0
  • Tax Block: 00072
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 6, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Gs 12 Adalist Llc
Seller's Agent
Michael Morris
Vylla Home
Buyer's Agent
Outside Agent
Outside Office
List Price
$350,000
Sold Price
$500,000
Premium/Discount to List
$150,000
42.86%
Total Days on Market
9
Views
14
Current Estimated Value
$502,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,377
Avg. Annual Appreciation
0.62%

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 6, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Hb2 Alternative Holdings Llc
Seller's Agent
Michael Morris
Vylla Home
Buyer's Agent
Outside Agent
Outside Office
List Price
$350,000
Sold Price
$500,000
Premium/Discount to List
$150,000
42.86%
Views
14

Purchase Details

Closed on
Apr 13, 2023
Sold by
Morris County Sheriff
Bought by
Mortgage Assets Management Series I Trust

Map

Range of Values:

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ICE

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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 Type Sale Price Title Company
Deed $400,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Sheriffs Deed $675,914 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $639,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $500,000 +42.9% $174 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $350,000 -- $122 / Sq Ft
Source: New Jersey MLS

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 $11,978 $471,000 $236,500 $234,500
2023 $11,978 $451,300 $226,500 $224,800
2022 $11,042 $412,500 $204,000 $208,500
2021 $10,729 $288,000 $169,200 $118,800
2020 $10,760 $288,000 $169,200 $118,800
2019 $10,524 $288,000 $169,200 $118,800
2018 $10,388 $288,000 $169,200 $118,800
2017 $10,123 $288,000 $169,200 $118,800
2016 $9,861 $288,000 $169,200 $118,800
2015 $9,703 $288,000 $169,200 $118,800
2014 $9,403 $288,000 $169,200 $118,800
Source: Public Records

Source: New Jersey MLS

MLS Number: 24015913

New Jersey MLS

APN: 03-00072-01-00008