NOT LISTED FOR SALE

12 Factory St Unit 14 Freehold, NJ 07728

Estimated Value: $620,000 - $718,000

4 Beds
2 Baths
920 Sq Ft
$749/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $530,000 $576 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,257/month

146 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Level Lot
  • Freehold Borough High School Rated A-
  • Forced Air Heating System

About This Home

As of April 2024

Investment Opportunity! Live in one unit, rent other! Possibilities abound! Well-maintained 2-Family home currently fully rented, nestled in the Freehold Borough community, offering convenience & enjoyment in town. Side-by-side 2-bed/1-bath units, feat. living & dining rooms, kitchen w/side entry. *Highlights*: 2 brand new gas furnaces, all separate utilities, separated tenant-accessible basement, brand new driveway (shared), sump pumps, cleared rear yard, updated electric panel, lovely rocking chair porch.Turn-key opportunity in a quaint area!

Last Agent to Sell the Property

Jethro Kwok

Realty One Group Lifestyle Hom License #0016960 Listed on: 12/14/2023

Realty One Group Lifestyle Hom

Last Buyer's Agent

Gina Pappone

RE/MAX Revolution License #1650230

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,076

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 79
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Schools

  • Freehold Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: AC units owned by tenants
  • Assessor Parcel Number 16-00067-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,076

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, Ceramic Tile
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 79
  • Location Middle School: Freehold
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: AC units owned by tenants
  • Construction Type: Stucco

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Freehold

Lot Info

  • Lot Dimensions: 50 x 79
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00067-0000-00013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7076.0
  • Tax Other Annual Assessment Amount: 354300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
12-14 Factory Street Llc
Bought by
12 Factory Llc
Current Estimated Value
$689,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2023
Closed on
May 3, 2024
Sold by
Lofland Marvin Lee and Lofland Nathaniel
Bought by
12-14 Factory Street Llc
Seller's Agent
Jethro Kwok
Realty One Group Lifestyle Hom
Buyer's Agent
Gina Pappone
RE/MAX Revolution
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%
Original Mortgage
$397,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
12 Factory Llc $705,000 Stewart Title
12 Factory Llc $705,000 Stewart Title
12-14 Factory Street Llc $530,000 Fidelity National Title
12-14 Factory Street Llc $530,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 12 Factory Llc $416,500
Previous Owner 12-14 Factory Street Llc $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $530,000 -6.2% $576 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $565,000 -1.7% $614 / Sq Ft
12/14/2023 12/14/23 For Sale $575,000 0.0% $625 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $575,000 -14.8% $625 / Sq Ft
09/01/2023 09/01/23 For Sale $674,500 -- $733 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $7,372 $421,500 $214,600 $206,900
2024 $7,430 $367,300 $164,300 $203,000
2023 $7,430 $354,300 $156,000 $198,300
2022 $6,316 $300,200 $119,600 $180,600
2021 $6,316 $240,800 $76,700 $164,100
2020 $6,210 $233,300 $76,700 $156,600
2019 $6,058 $228,600 $76,700 $151,900
2018 $6,096 $225,700 $76,700 $149,000
2017 $6,069 $223,800 $76,700 $147,100
2016 $4,904 $184,700 $78,500 $106,200
2015 $4,706 $185,700 $79,500 $106,200
2014 $5,293 $218,800 $109,500 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22324456

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00067-0000-00013