$450,000
SOLD SEP 23, 2021

144 Montgomery Ave Irvington, NJ 07111

8 Beds
2 Baths
2,056 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

14% Above List Price

22 Days on Market

About This Home

As of September 2021

Amazing opportunity for an owner or investor to acquire 4 income producing multi-family properties in one of the fastest growing areas of Newark & Irvington. 144 Montgomery Ave consists of 8 bed 3 baths. Potential to be sold separately or as a package comprising 13 units. Renovated and fully occupied. All Tenants month to month. Separate Utilities. Off-Street parking for 4 cars. Ability to install coin-operated laundry to increase NOI. Conveniently located near Weequahic Park, Beth Israel Hospital, shopping, and public transportation. Whether you are a first time home buyer interested in living in one unit (individual units can be delivered vacant) and collecting passive income or you are a seasoned investor looking to add to your portfolio this property has it all. NOI: $27,951. Individual Cap Rate 7% Combined Cap Rate 9.2%. SSee portfolio: 202026615, 202026614, 202026613, 202026612

Last Agent to Sell the Property

Carlos Beltran

COMPASS NEW JERSEY, LLC License #1758295 Listed on: 11/18/2020

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

PETER BECKFORD

EXP REALTY LLC License #2077047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,505

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00004 / 00169
  • Assessor Parcel Number 3655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,505

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 3655
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 8
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1350
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1200
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1200
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Match Code: 3
  • Geo Matched Method: 1
  • Geo Quality: 0.9
  • Geo Update Timestamp: 11/19/2020
  • Geo Zoom Level: 16
  • Lot: 00004

Tax Info

  • Year: 2019
  • Taxes: 11505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Aug 30, 2021
Sold by
Ade Fam Group Llc
Bought by
Denny Halcyone
Seller's Agent
Carlos Beltran
COMPASS NEW JERSEY, LLC
Buyer's Agent
PETER BECKFORD
EXP REALTY LLC
List Price
$395,000
Sold Price
$450,000
Premium/Discount to List
$55,000
13.92%
Current Estimated Value
$689,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,168
Avg. Annual Appreciation
11.27%
Original Mortgage
$441,849
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2020
Sold by
Asdoel Group Llc
Bought by
Ade Fam Group Llc

Purchase Details

Closed on
Mar 11, 2020
Sold by
Township Of Irvington
Bought by
Rcp Irvington Urban Renewal I Llc

Purchase Details

Closed on
Jul 12, 2007
Sold by
Jenkins Thomas
Bought by
Jenkins Thomas and Thomas Zipporah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2002
Sold by
Greenfield Asset
Bought by
Jenkins Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.88%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Hud
Bought by
Scott Kate
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 Type Sale Price Title Company
Deed $450,000 Feinbloom Matthew
Quit Claim Deed -- Big Apple Title Agency
Quit Claim Deed -- Big Apple Title Agency
Deed $6,768 Prestige Title Agency Inc
Interfamily Deed Transfer -- Royal Title Service Inc
Deed $195,000 --
Deed $53,150 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $441,849 FHA
Previous Owner $185,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $248,600 New Conventional
Previous Owner $242,000 Unknown
Previous Owner $185,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $450,000 +13.9% $219 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $395,000 +139.4% $192 / Sq Ft
06/14/2018 06/14/18 Sold $165,000 0.0% $80 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $165,000 -- $80 / Sq Ft
Source: Hudson County 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 $19,968 $688,100 $145,500 $542,600
2024 $19,968 $328,800 $22,700 $306,100
2022 $19,600 $328,800 $22,700 $306,100
2021 $11,832 $197,900 $22,700 $175,200
2020 $11,827 $197,900 $22,700 $175,200
2019 $11,506 $197,900 $22,700 $175,200
2018 $11,282 $197,900 $22,700 $175,200
2017 $11,231 $197,900 $22,700 $175,200
2016 $10,987 $197,900 $22,700 $175,200
2015 $10,732 $197,900 $22,700 $175,200
2014 $10,797 $197,900 $22,700 $175,200
Source: Public Records

Agents Affiliated with this Home

  • Carlos Beltran

    Seller's Agent in 2021

    Carlos Beltran

    COMPASS NEW JERSEY, LLC

    (347) 292-8750

    2 in this area

    32 Total Sales

    Carlos Beltran
    Section Image

  • P

    Buyer's Agent in 2021

    PETER BECKFORD

    EXP REALTY LLC

See All Agents

Map

Source: Hudson County MLS

MLS Number: 202026615

Hudson County MLS

APN: 09-00169-0000-00004

New Jersey Essex County Irvington 07108

144 Montgomery Ave, Irvington, NJ

This home is located at 144 Montgomery Ave, Irvington, NJ 07111 and is currently priced at $450,000, approximately $218 per square foot. 144 Montgomery Ave is a home located in Essex County with nearby schools including Irvington High School and Burch Charter School of Excellence.

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.

Hudson County MLS 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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