NOT LISTED FOR SALE

160 N Main St Milltown, NJ 08850

Estimated Value: $461,000 - $568,000

-- Bed
-- Bath
1,800 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $335,000 $186 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,738/month

44 Days on Market

Highlights

  • Property is near public transit
  • Ceiling Fan
  • Radiator
  • Porch
  • Community Storage Space

About This Home

As of June 2021

2 Family fully rented. Large basement with hook up for washer and dryer tenants supply their own washer and dryer. Tenants pay all utilities 2 water meters 2 electrical boxes 2 separate furnaces and gas meters. Owner responsible for snow removal and property maintenance. Plenty of parking for tenants. 2nd floor apt. has 2 bedrooms and walk up attic for storage. Downstairs apt. has storage in basement.

Last Agent to Sell the Property

Eileen Thomas

RE/MAX COUNTRY Listed on: 04/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,689

Year Built

  • Built in 1913

Lot Details

  • 7,048 Sq Ft Lot
  • Lot Dimensions are 150.00 x 47.00

Home Design

  • Slate Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • 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

Amenities

  • Community Storage Space

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,689

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1618
  • Lot Size: 150.00 x 47.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1913
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,Living Room)
  • Living Area: 1800
  • Stories: 2
  • Window Features: Insulated Windows, Blinds

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Exterior Features: Porch(es) - Open, Sidewalk, Windows - Insulated Pane, Blinds, Storage Area-Common
  • Patio And Porch Features: Porch(es) - Open
  • Roof: Slate

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7048
  • Zoning: B-3

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 9689
  • Tax Year: 2020

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 17, 2021
Closed on
Jul 16, 2021
Sold by
Guthlein Gerald and Guthlein Catherine
Bought by
Elmaraghy George
Seller's Agent
Eileen Thomas
RE/MAX COUNTRY
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$523,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,158
Avg. Annual Appreciation
10.20%
Original Mortgage
$232,500
Outstanding Balance
$215,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$284,393

Purchase Details

Closed on
Aug 3, 1999
Sold by
Bronson H Bruce
Bought by
Guthlein Gerald and Guthlein Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.65%
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
Elmaraghy George $335,000 Addison Abstract Llc
Guthlein Gerald $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmaraghy George $232,500
Previous Owner Guthlein Gerald $252,537
Previous Owner Guthlein Gerald $255,500
Previous Owner Guthlein Gerard $50,000
Previous Owner Guthlein Gerald $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Off Market $335,000 -- --
06/30/2021 06/30/21 Sold $335,000 0.0% $186 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $335,000 0.0% $186 / Sq Ft
03/01/2021 03/01/21 Rented -- -- --
01/30/2021 01/30/21 Under Contract -- -- --
10/16/2020 10/16/20 For Rent $1,300 -- --
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
2024 $10,185 $153,600 $66,000 $87,600
2023 $10,185 $153,600 $66,000 $87,600
2022 $10,139 $153,600 $66,000 $87,600
2021 $9,929 $153,600 $66,000 $87,600
2020 $9,689 $153,600 $66,000 $87,600
2019 $9,311 $153,600 $66,000 $87,600
2018 $8,760 $153,600 $66,000 $87,600
2017 $8,457 $153,600 $66,000 $87,600
2016 $8,156 $153,600 $66,000 $87,600
2015 $7,986 $153,600 $66,000 $87,600
2014 $7,705 $153,600 $66,000 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2115521R

All Jersey MLS

APN: 11-00045-0000-00010