Seller's Agent in 2021
Roman Balandin
Roman Balandin Realty LLC
(732) 786-3838
5 in this area
397 Total Sales
17 1st St Freehold, NJ 07728
Estimated Value: $438,000 - $512,375
4
Beds
2
Baths
1,772
Sq Ft
$272/Sq Ft
Est. Value
About This Home
As of March 2021Opportunity! Opportunity!! Investors! Two-family for sale! This Income producing multi family home is now for sale now in Freehold, NJ. This home offers two 2 bedroom 1 bath units with separate utilities, HWH & furnace. Tenants also split the bill for the water and sewer! Both units have been fully rented with the same tenants for 10+ years! This is definitely a lucrative opportunity to step right into a turn-key cash-flowing property in the heart of Freehold, NJ! Freehold has had tremendous growth for investors in the past few years and it continues to be an emerging market. The property is also professionally managed, making is a hands-off investment for you. Contact us today for an appt or more information!
Last Agent to Sell the Property
Roman Balandin Realty LLC License #1008501 Listed on: 07/09/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,705
Year Built
- Built in 1905
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120x120x40
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Partial Basement
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- On-Street Parking
Schools
- Freehold Middle School
- Freehold Boro High School
Utilities
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $2,400
Listing and Financial Details
- Exclusions: TENANTS PROPERTY
- Tenant pays for hot water, water, sewer, heat, gas, electricity
- The owner pays for snow removal
- Assessor Parcel Number 1600064000000009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2021
Sold by
Drew Yakov
Bought by
Lerner Aron
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$217,695
Interest Rate
3.02%
Estimated Equity
$263,899
Purchase Details
Listed on
Jul 9, 2020
Closed on
Mar 4, 2021
Sold by
Drew Yakov
Bought by
Lerner Aron
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
Kathleen Hobbs
RE/MAX Homeland Realtors
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2004
Sold by
Kramsky Lisa
Bought by
Steiner Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.02%
Purchase Details
Closed on
Sep 27, 2000
Sold by
Kinsey Leroy
Bought by
Kramsky Glenn and Kramsky Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lerner Aron | $320,000 | -- | |
| Lerner Aron | $320,000 | Cross Bridge Title Llc | |
| Lerner Aron | $320,000 | Old Republic Title | |
| Steiner Sarah | $275,000 | -- | |
| Kramsky Glenn | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lerner Aron | $240,000 | |
| Closed | Lerner Aron | -- | |
| Previous Owner | Lerner Aron | $240,000 | |
| Previous Owner | Steiner Sarah | $206,250 | |
| Previous Owner | Kramsky Glenn | $55,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $320,000 | +6.7% | $181 / Sq Ft |
| 09/18/2020 09/18/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $300,000 | -- | $169 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,769 | $461,300 | $214,700 | $246,600 |
| 2024 | $7,834 | $387,100 | $164,400 | $222,700 |
| 2023 | $7,834 | $373,600 | $156,100 | $217,500 |
| 2022 | $7,415 | $317,700 | $119,700 | $198,000 |
| 2021 | $7,415 | $282,700 | $76,800 | $205,900 |
| 2020 | $5,848 | $219,700 | $76,800 | $142,900 |
| 2019 | $5,705 | $215,300 | $76,800 | $138,500 |
| 2018 | $5,745 | $212,700 | $76,800 | $135,900 |
| 2017 | $5,722 | $211,000 | $76,800 | $134,200 |
| 2016 | $5,958 | $224,400 | $78,600 | $145,800 |
| 2015 | $5,712 | $225,400 | $79,600 | $145,800 |
| 2014 | $6,178 | $255,400 | $109,600 | $145,800 |
Source: Public Records
Agents Affiliated with this Home
-
Roman Balandin
-
George Pavlushkin
Seller Co-Listing Agent in 2021
George Pavlushkin
RE/MAX
(732) 984-8300
7 in this area
398 Total Sales
-
Kathleen Hobbs
Buyer's Agent in 2021
Kathleen Hobbs
RE/MAX
(732) 513-6709
13 in this area
81 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22022869
APN: 16-00064-0000-00009
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