NOT LISTED FOR SALE

136 George St New Brunswick, NJ 08901

Estimated Value: $589,000 - $687,538

4 Beds
2.5 Baths
1,817 Sq Ft
$359/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $650,000 $358 Per Sq Ft

Current estimated payment $4,257/month

22 Days on Market

Highlights

  • Deck
  • Porch
  • Baseboard Heating
  • Property is near public transit
  • Accessibility Features

About This Home

As of April 2024

Calling 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.

Last Agent to Sell the Property

John Espin

RE/MAX FIRST REALTY, INC. Listed on: 01/25/2024

Co-Listed By

Christina Kaplun

RE/MAX FIRST REALTY, INC.

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)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,270

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0671
  • Lot Size: 25X117
  • Co List Office Mls Id: RMFR01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1912
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Bath Half, Storage Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Unit 1(1 1/2 Baths,2 Bedrooms,Kitchen,Laundry Hookup,Living Room), Unit 2(1 Bath,2 Bedrooms,Kitchen)
  • Living Area: 1817
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch
  • 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

Lot Info

  • Lot Size Sq Ft: 2923
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 7270
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 9, 2024
Sold by
Droge Lawrence
Bought by
Patel Hitendra and Patel Pannaben
Seller's Agent
John Espin
RE/MAX FIRST REALTY, INC.
List Price
$619,900
Sold Price
$650,000
Premium/Discount to List
$30,100
4.86%
Total Days on Market
22
Views
40
Current Estimated Value
$652,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,385
Avg. Annual Appreciation
0.32%

Purchase Details

Closed on
Sep 28, 2023
Sold by
Elias Adam J and Elias Karen
Bought by
Droge Lawrence

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
Interest Rate
7.09%
Mortgage Type
New Conventional

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
15.32%

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
Source: Public Records

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Range of Values:

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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
Patel Hitendra $650,000 Acquired Title Services
Droge Lawrence $485,000 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
Previous Owner 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

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
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

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Map

Source: All Jersey MLS

MLS Number: 2353838M

All Jersey MLS

APN: 13-00137-0000-00015