J
Seller's Agent in 2024
John Espin
RE/MAX
(908) 403-8562
3 in this area
8 Total Sales
136 George St New Brunswick, NJ 08901
Estimated Value: $542,101 - $766,000
4
Beds
2.5
Baths
1,817
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Deck
- Porch
- Baseboard Heating
- Property is near public transit
- Accessibility Features
About This Home
As of April 2024Calling all investors looking to add a solid asset to their portfolio with this well-maintained, recently renovated, income producing 2 Family property in the heart of New Brunswick. The property is situated directly across from Rutgers University, minutes away downtown New Brunswick and all major transportation. The first-floor unit consists of 2 beds,1 bath with an extended deck and direct access to off-street parking. The second-floor unit is comprised of 2 beds, 1 bath, private deck egress from kitchen and a bonus loft space that extends the full length of the house. The property also includes a full basement with washer/dryer access and a half bath. Basement has high ceilings and extends the full length of the property. Each unit has separate utilities, newer water heaters and a recently paved asphalt driveway. Off-Street parking for 3+ cars. Ability to earn a significant return on investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,270
Year Built
- Built in 1912
Lot Details
- 2,923 Sq Ft Lot
- Lot Dimensions are 25x117
Home Design
- Asphalt Roof
Interior Spaces
- 1,817 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
- Basement Storage
Accessible Home Design
- Accessibility Features
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near shops
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Gas Water Heater
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Listing and Financial Details
- The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2023
Sold by
Elias Adam J and Elias Karen
Bought by
Droge Lawrence
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Outstanding Balance
$356,557
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$266,468
Purchase Details
Listed on
Nov 4, 2022
Closed on
Jan 23, 2023
Sold by
Shah Chirag
Bought by
Elias Karen and Elias Adam
Seller's Agent
Carlos Beltran
COMPASS NEW JERSEY, LLC
List Price
$470,000
Sold Price
$470,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Purchase Details
Closed on
Aug 19, 2019
Sold by
Mustakas Eleonore and Mustakas Thomas
Bought by
Shah Chirag and Bhagwat Rashmi Balvant
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2007
Sold by
Walters Stephen R
Bought by
Mustakas Eleonore and Mustakas Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
6.74%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Droge Lawrence | $485,000 | Stewart Title | |
| Elias Karen | $470,000 | Stewart Title | |
| Elias Karen | $470,000 | Stewart Title | |
| Shah Chirag | $380,000 | Chicago Title Insurance Co | |
| Mustakas Eleonore | $319,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Droge Lawrence | $363,750 | |
| Previous Owner | Shah Chirag | $285,000 | |
| Previous Owner | Mustakas Eleonore | $302,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2024 04/09/24 | Sold | $650,000 | +4.9% | $358 / Sq Ft |
| 01/25/2024 01/25/24 | For Sale | $619,900 | +31.9% | $341 / Sq Ft |
| 02/08/2023 02/08/23 | Sold | $470,000 | 0.0% | $294 / Sq Ft |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $470,000 | -- | $294 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $7,488 | $463,200 | $119,300 | $343,900 |
| 2024 | $7,270 | $285,900 | $119,300 | $166,600 |
| 2023 | $7,270 | $285,900 | $119,300 | $166,600 |
| 2022 | $7,116 | $285,900 | $119,300 | $166,600 |
| 2021 | $5,279 | $285,900 | $119,300 | $166,600 |
| 2020 | $7,062 | $285,900 | $119,300 | $166,600 |
| 2019 | $6,927 | $285,900 | $119,300 | $166,600 |
| 2018 | $6,770 | $285,900 | $119,300 | $166,600 |
| 2017 | $6,501 | $285,900 | $119,300 | $166,600 |
| 2016 | $6,365 | $108,500 | $26,500 | $82,000 |
| 2015 | $6,213 | $108,500 | $26,500 | $82,000 |
| 2014 | $6,102 | $108,500 | $26,500 | $82,000 |
Source: Public Records
Agents Affiliated with this Home
-
John Espin
-
Christina Kaplun
Seller Co-Listing Agent in 2024
Christina Kaplun
RE/MAX
(908) 202-2205
6 in this area
140 Total Sales
-
Carlos Beltran
Seller's Agent in 2023
Carlos Beltran
COMPASS NEW JERSEY, LLC
(347) 292-8750
2 in this area
31 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2353838M
APN: 13-00137-0000-00015
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