NOT LISTED FOR SALE

136 Ripley Place Elizabethport, NJ 07206

Elizabethport Neighborhood

Estimated Value: $685,000 - $730,000

-- Bed
-- Bath
2,886 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $590,000 $204 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,630/month

10 Days on Market

About This Home

As of March 2023

This is a GREAT INVESTMENT LISTING and cannot be shown until 1/22/23. THREE FAMILY HOUSE with excellent paying tenants. Units are in well maintained condition and there's great upside as well. Fantastic location in the center of Elizabeth! Looking to make a great return on your money? Call Agent for more details!

Last Agent to Sell the Property

Eluzer Klein

Imperial Real Estate Agency License #2296089 Listed on: 01/19/2023

Co-Listed By

Joel Jeremias

Imperial Real Estate Agency License #1645960

Last Buyer's Agent

Aleksandr Pritsker

EXP Realty License #1008359

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,113

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20 x 100

Home Design

  • Triplex
  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 2,886 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Stove
  • Dishwasher

Utilities

  • Zoned Heating and Cooling
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 04-00001-0000-00613

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $4,000
  • Gross Income $53,400
  • Net Operating Income $45,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,113

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 1702
  • Co List Office Phone: 732-905-5511
  • Subdivision Name: None
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 20 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Income Expenses Insurance Expense: 4000.0
  • Income Expenses Gross Income2: 53400.0
  • Income Expenses Net Income: 45400.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Dishwasher2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.05
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00001-0000-00613
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9113.0
  • Tax Other Annual Assessment Amount: 29800.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 53400.0
  • Insurance Expense: 4000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 27, 2023
Sold by
136 Ripley Place Nj Llc
Bought by
Afq Holdings Llc
Seller's Agent
Eluzer Klein
Imperial Real Estate Agency
Buyer's Agent
Aleksandr Pritsker
EXP Realty
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%
Views
49
Current Estimated Value
$706,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,399
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Oct 18, 2021
Sold by
As Equity Llc
Bought by
136 Ripley Place Nj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2021
Sold by
Ez Ripley Limited Liability Company
Bought by
As Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2014
Closed on
Mar 11, 2014
Sold by
136 Ripley Place Llc
Bought by
Ez Ripley Llc
Sold Price
$207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Park Slope Associates Ny Llc
Bought by
136 Ripley Place Llc

Purchase Details

Closed on
Mar 30, 2009
Sold by
Rios Luis Alfonso Silva
Bought by
Park Slope Associates Ny Llc

Purchase Details

Closed on
Mar 23, 2007
Sold by
Reyes Nelson
Bought by
Afonso Luis and Rios Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gwaldis Melissa M
Bought by
Reyes Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
5.78%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Fine Alvin and Fine Gloria
Bought by
Gwaldis Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Afq Holdings Llc $590,000 American Land Title
136 Ripley Place Nj Llc $775,000 Universal Title Llc
As Equity Llc $450,000 Universal Title Llc
Ez Ripley Llc $207,000 None Available
136 Ripley Place Llc $33,607 --
Park Slope Associates Ny Llc -- United General Title Ins Co
Afonso Luis $385,000 United General Title Ins Co
Reyes Nelson $283,000 --
Gwaldis Melissa M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 136 Ripley Place Nj Llc $393,000
Previous Owner Ez Ripley L L C $225,000
Previous Owner Afonso Luis $77,000
Previous Owner Reyes Nelson $226,400
Previous Owner Gwaldis Melissa M $79,300
Closed Afq Holdings Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $590,000 +7.3% $204 / Sq Ft
01/19/2023 01/19/23 For Sale $550,000 +165.7% $191 / Sq Ft
03/14/2014 03/14/14 Sold $207,000 -- --
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
2024 $9,366 $507,700 $121,500 $386,200
2023 $9,366 $29,800 $4,700 $25,100
2022 $9,113 $29,800 $4,700 $25,100
2021 $8,925 $29,800 $4,700 $25,100
2020 $8,723 $29,800 $4,700 $25,100
2019 $8,590 $29,800 $4,700 $25,100
2018 $8,506 $29,800 $4,700 $25,100
2017 $8,269 $29,800 $4,700 $25,100
2016 $8,269 $29,800 $4,700 $25,100
2015 $7,778 $29,800 $4,700 $25,100
2014 $7,544 $23,500 $4,700 $18,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Eluzer Klein

    Imperial Real Estate Agency

    (718) 619-5506

    1 in this area

    21 Total Sales

    Eluzer Klein
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joel Jeremias

    Imperial Real Estate Agency

    (917) 217-5856

    1 in this area

    51 Total Sales

    Joel Jeremias
    Section Image
  • Aleksandr Pritsker

    Buyer's Agent in 2023

    Aleksandr Pritsker

    EXP Realty

    (732) 688-3819

    1 in this area

    854 Total Sales

    Aleksandr Pritsker
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22301471

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00001-0000-00613

New Jersey Union County Elizabethport 07206 Elizabethport

136 Ripley Place, Elizabethport, NJ

This home is located at 136 Ripley Place, Elizabethport, NJ 07206 since 19 January 2023 and is currently estimated at $706,399, approximately $244 per square foot. 136 Ripley Place is a home located in Union County with nearby schools including Benjamin Franklin School No. 13, Elizabeth High School, and The Patrick School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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