NOT LISTED FOR SALE

16 Cedar Hill Ave Belleville, NJ 07109

Estimated Value: $535,925 - $899,000

6 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $500,000

Est. 43% increase in value since last sale

Current estimated payment $4,981/month

28 Days on Market

About This Home

As of March 2022

Great 2 family home in Belleville property features 3 Bedrooms and 1 Full in each unit and a full bathroom in the basement. Coin operated laundry machine included. 2 car detached garage. Separate utilities GOI $43,500 Expenses $13,920 taxes included. NOI $29,580. Garage rents $300 a month and Laundry approx $100 a month. This is a great investment opportunity for you. Highest and Best due by Wednesday 9/22/2021 @ 5pm

Last Agent to Sell the Property

Carlos Turner

RE/MAX SELECT - Westfield Listed on: 09/16/2021

RE/MAX SELECT - Westfield

Co-Listed By

Robert Lyszczarz

RE/MAX SELECT - Westfield

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,920

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00005 / 05901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,920

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Mls Id: 2080
  • Co List Office Phone: 908-233-9292
  • MLS Status: Sold - Sold
  • Directions: Belleville Ave to Cedar Hill Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 10920.0
  • Tax Block: 05901
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2011
Sold by
Siguencia Jose P
Bought by
Amil Sylber A
Current Estimated Value
$716,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,448
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2006
Sold by
Gutierrez Antonieta
Bought by
Siguencia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1996
Sold by
Bk Of New York
Bought by
Gutierrez Jose and Calisaya David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.78%
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
Amil Sylber A $219,000 Multiple
Siguencia Jose $427,000 --
Gutierrez Jose $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amil Sylbert A $175,000
Closed Amil Sylber A $213,448
Previous Owner Siguencia Jose $340,000
Previous Owner Gutierrez Jose $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $500,000 -1.0% --
10/14/2021 10/14/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $505,000 +18.8% --
09/16/2021 09/16/21 For Sale $425,000 -- --
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 $13,030 $332,900 $128,300 $204,600
2024 $13,030 $332,900 $128,300 $204,600
2023 $11,876 $332,900 $128,300 $204,600
2022 $11,876 $308,400 $128,300 $180,100
2021 $11,704 $308,400 $128,300 $180,100
2020 $11,543 $308,400 $128,300 $180,100
2019 $10,920 $308,400 $128,300 $180,100
2018 $11,821 $294,800 $128,000 $166,800
2017 $11,429 $294,800 $128,000 $166,800
2016 $11,303 $294,800 $128,000 $166,800
2015 $10,919 $294,800 $128,000 $166,800
2014 $11,168 $309,800 $128,000 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21037652

New Jersey MLS

APN: 01-05901-0000-00005