NOT LISTED FOR SALE

Estimated Value: $735,490 - $788,000

8 Beds
4 Baths
3,319 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $625,000 $188 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,233/month

15 Days on Market

About This Home

As of August 2022

This outstanding 3 family (plus in-law suite) is ready for a new owner. Well maintained with long rental history, this home is larger than it appears. Unit 1 is a 3 bedroom home with full in-law suite in finished walk-out basement. 2 rooms used as bedrooms you make this lower unit a 5 bedroom 2 bath, 2 kitchen home. Unit 2, on the second floor also is a 3 bedroom 1 bath with a private balcony and pantry in kitchen. The 3rd unit is only a 2 bedroom, but with a large storage room/walk-in closet. This home, with new roof, has a detached garage, fully fenced yard and parking for at least 3 cars. Situated on a dead end street with lots of parking, this home could be great for either an investor or an owner occupant.

Last Agent to Sell the Property

Valerie Morrison

RE/MAX House Values Listed on: 05/19/2022

RE/MAX House Values

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,391

Lot Details

  • 3,751 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00016 / 03919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,391

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 442-2224
  • MLS Status: Sold - Sold
  • Directions: Just off 18th Ave at 21st St, near Market & Madison
  • Architectural Style: 3 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3751.0

Tax Info

  • Tax Annual Amount: 12391.0
  • Tax Block: 03919
  • Tax Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 8, 2022
Sold by
Santana Francisca and Vargas Mauricio
Bought by
Perez-Francisco Luis M and Espinal Ana Virginia
Seller's Agent
Valerie Morrison
RE/MAX House Values
Buyer's Agent
Outside Agent
Outside Office
List Price
$525,000
Sold Price
$625,000
Premium/Discount to List
$100,000
19.05%
Current Estimated Value
$753,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,873
Avg. Annual Appreciation
5.88%
Original Mortgage
$601,342
Outstanding Balance
$574,135
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
$179,738

Purchase Details

Closed on
Sep 9, 2021
Sold by
Dela Cruz Fabiana and Betances David
Bought by
Santana Francisca and Vargas Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,322
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2011
Sold by
Santana Francisca and Barrientos Raul
Bought by
Dela Cruz Fabiana and Betances Daivd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2008
Sold by
Peralta Jose M and Peralta Briseyda
Bought by
Santana Francisca and Barrientos Raul

Purchase Details

Closed on
Feb 1, 2005
Sold by
Maldonado Miguel
Bought by
Peralta Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Perez-Francisco Luis M $625,000 Stewart Title Guaranty Company
Perez-Francisco Luis M $625,000 Stewart Title Guaranty Company
Santana Francisca $435,000 Chancellor Title Agency Inc
Dela Cruz Fabiana $270,000 --
Santana Francisca $450,000 --
Peralta Jose M $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez-Francisco Luis M $601,342
Closed Perez-Francisco Luis M $601,342
Previous Owner Santana Francisca $251,322
Previous Owner Dela Cruz Fabiana $263,155
Previous Owner Peralta Jose M $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $625,000 +19.0% $188 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $525,000 -- $158 / Sq Ft
Source: New 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 $15,122 $296,800 $46,300 $250,500
2024 $14,552 $296,800 $46,300 $250,500
2022 $13,777 $296,800 $46,300 $250,500
2021 $13,285 $296,800 $46,300 $250,500
2020 $12,391 $296,800 $46,300 $250,500
2019 $11,993 $290,100 $45,400 $244,700
2018 $11,278 $260,700 $44,900 $215,800
2017 $10,762 $258,700 $44,600 $214,100
2016 $11,507 $265,200 $39,000 $226,200
2015 $10,894 $265,200 $39,000 $226,200
2014 $9,541 $329,000 $121,500 $207,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22018298

New Jersey MLS

APN: 08-03919-0000-00016