NOT LISTED FOR SALE

Estimated Value: $560,790 - $662,000

-- Bed
-- Bath
2,646 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $500,000 $189 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,989/month

215 Days on Market

Highlights

  • 0.11 Acre Lot
  • 3 Car Detached Garage
  • Radiant Heating System
  • Corner Lot
  • Accessibility Features

About This Home

As of December 2021

This multi family home offers excellent income that has the potential to increase greatly! Inside, find three levels, each with a complete apartment. Fully rented with stable tenants. For additional rental income, the detached three car garage can be leased easily. Parking in the area is a premium and this sizable lot includes a driveway that can fit up to six cars.

Last Agent to Sell the Property

Michelle Lorme

REAL Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,005

Year Built

  • Built in 1919

Lot Details

  • 5,001 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2,646 Sq Ft Home
  • 3-Story Property

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Accessible Home Design

  • Accessibility Features

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Community Details

Overview

  • Incl Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,005

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Incl
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1919
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Partially Finished, Full, Exterior Entry
  • Interior Amenities: Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(2 Bedrooms)
  • Living Area: 2646
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Detached, Covered, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 8005
  • Tax Year: 2019

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Nov 3, 2021
Sold by
77 Alexandria Llc
Bought by
Vasquez Ismael
Seller's Agent
Michelle Lorme
REAL
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$606,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,448
Avg. Annual Appreciation
5.25%
Original Mortgage
$483,088
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2013
Sold by
Ladino Kathryn
Bought by
77 Alexandria Llc

Purchase Details

Closed on
Feb 6, 2002
Sold by
Hernandez Eddy
Bought by
Ladino Andres and Ladino Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
6.91%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Santiago Jesus
Bought by
Hernandez Eddy and Wilson Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Vasquez Ismael $492,000 New Title Company Name
77 Alexandria Llc $67,670 Wfg National Title Ins Co
Ladino Andres $235,000 --
Hernandez Eddy $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Ismael $31,068
Closed Vasquez Ismael $26,256
Previous Owner Vasquez Ismael $483,088
Previous Owner Ladino Andres $223,250
Previous Owner Hernandez Eddy $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Off Market $500,000 -- --
12/02/2021 12/02/21 Sold $500,000 0.0% $189 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $500,000 -- $189 / 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
2025 $8,514 $282,200 $79,200 $203,000
2024 $8,497 $282,200 $79,200 $203,000
2023 $8,497 $282,200 $79,200 $203,000
2022 $8,395 $282,200 $79,200 $203,000
2021 $8,407 $282,200 $79,200 $203,000
2020 $8,404 $282,200 $79,200 $203,000
2019 $8,005 $267,800 $79,200 $188,600
2018 $7,935 $267,800 $79,200 $188,600
2017 $7,919 $267,800 $79,200 $188,600
2016 $7,713 $267,800 $79,200 $188,600
2015 $7,766 $267,800 $79,200 $188,600
2014 $7,814 $267,800 $79,200 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2114628R

All Jersey MLS

APN: 16-00424-0000-00007