NOT LISTED FOR SALE

151 Continental Ave River Edge, NJ 07661

Estimated Value: $750,000 - $895,000

3 Beds
2 Baths
2,981 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $575,000 $193 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,507/month

12 Days on Market

About This Home

As of March 2023

OPPORTUNITY KNOCKS WITH THIS CHARMING TWO FAMILY, CURRENTLY UTILIZED AS A SINGLE FAMILY HOME. OUTSIDE, THE COVERED FRONT PORCH OVERLOOKS ROOSEVELT ELEMENTARY SCHOOL. ENTER INSIDE TO THE FIRST FLOOR WHICH BOASTS A LARGE LIVING ROOM WITH WOOD BURNING FIRE PLACE, LARGE DINING AREA, EAT IN KITCHEN, FULL BATH, AND ONE BEDROOM. UPSTAIRS YOU WILL FIND A LIVING ROOM, EAT IN KITCHEN, TWO BEDROOMS, FULL BATH, AND A BONUS ROOM LOCATED ON THE THIRD FLOOR! UTILIZE AS AN INVESTMENT INCOME PROPERTY, OWNER OCCUPIED 2 FAMILY, OR CONTINUE UTILIZING AS A SINGLE FAMILY. THE CHOICE IS YOURS! DON'T MISS THIS OPPORTUNITY IN GREAT TOWN OF RIVER EDGE W/ EASE OF ACCESS TO EDUCATION, LIBRARY, PARKS, AND PUBLIC TRANSPORTATION!

Last Agent to Sell the Property

Joseph Zemaites

Mary Davis Real Estate Listed on: 01/05/2023

Last Buyer's Agent

Joseph Zemaites

Mary Davis Real Estate Listed on: 01/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,797

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 60x150

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00008 / 00407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,797

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-261-5400
  • MLS Status: Sold - Sold
  • Directions: Kinderkamack Rd. to Continental Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Remarks: FULL UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Dimensions: 60x150
  • Lot Size Sq Ft: 8999.0

Tax Info

  • Tax Annual Amount: 13797.0
  • Tax Block: 00407
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 8, 2023
Sold by
Churchill Walter and Churchill Cecilia J
Bought by
Zheng Jeffrey Xianhul and Zhang Xin
Seller's Agent
Joseph Zemaites
Mary Davis Real Estate
Buyer's Agent
Joseph Zemaites
Mary Davis Real Estate
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Views
151
Current Estimated Value
$812,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,774
Avg. Annual Appreciation
12.91%
Original Mortgage
$460,000
Outstanding Balance
$445,559
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$367,215
Source: Public Records
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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
Zheng Jeffrey Xianhul $575,000 Hudson One Title
Zheng Jeffrey Xianhul $575,000 Hudson One Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Jeffrey Xianhul $460,000
Closed Zheng Jeffrey Xianhul $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $575,000 +4.7% $193 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $549,000 -- $184 / 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 $15,083 $683,200 $339,200 $344,000
2024 $14,706 $380,400 $206,000 $174,400
Source: Public Records

Agents Affiliated with this Home

  • Joseph Zemaites

    Seller's Agent in 2023

    Joseph Zemaites

    Mary Davis Real Estate

    (201) 497-4177

    6 in this area

    9 Total Sales

    Joseph Zemaites
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Map

Source: New Jersey MLS

MLS Number: 23000444

New Jersey MLS

APN: 52-00407-0000-00008

New Jersey Bergen County River Edge 07661

151 Continental Ave, River Edge, NJ

Not Listed for Sale

MultiFamily

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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