NOT LISTED FOR SALE

171 Chestnut St Garfield, NJ 07026

Estimated Value: $569,000 - $634,000

3 Beds
2 Baths
1,841 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $491,000 $267 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,933/month

15 Days on Market

About This Home

As of July 2023

Closed OE

Last Agent to Sell the Property

Nurys Rosario

Real Listed on: 04/24/2023

Real

Last Buyer's Agent

Nurys Rosario

Real Listed on: 04/24/2023

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,330

Year Built

  • 1940

Lot Details

  • 5,907

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,907 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00080 / 00115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,330

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 340-2277
  • MLS Status: Sold - Sold
  • Directions: Closed OE
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

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

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5907.0

Tax Info

  • Tax Annual Amount: 8330.0
  • Tax Block: 00115
  • Tax Lot: 00080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 19, 2023
Sold by
Petocz Family Partnership Lp
Bought by
Castillo Juan J Sanchez
Seller's Agent
Nurys Rosario
Real
Buyer's Agent
Nurys Rosario
Real
List Price
$485,000
Sold Price
$491,000
Premium/Discount to List
$6,000
1.24%
Total Days on Market
15
Current Estimated Value
$599,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,405
Avg. Annual Appreciation
11.39%
Original Mortgage
$482,597
Outstanding Balance
$473,728
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$125,677
Source: Public Records

Similar Homes in Garfield, NJ

  • 25 Wood St, Garfield, NJ 07026

    $750,000

    • 3 Beds
    • 3 Baths
    • 25 Wood St
    • Garfield, NJ

    Great opportunity to own a 2-family house in Garfield. close to trans NYC train 5 min shoppings schools first floor 2BRS LR DR MEIK FULL BATH Second floor 1BRS LR MEIK FULL BATH Basement finished Family room summer kitchen, full bath and walkout. Separate gas elect for each floor. Central air on the first floor and window units on the 2nd floor. 1 car garage Detached with 6 parking spaces in the

    Josh Rojas Century 21 JR Gold Team Realty, LLC

    Section Image
  • 23 Riverside Place, Garfield, NJ 07026

    $715,000

    • 5 Beds
    • 2 Baths
    • 23 Riverside Place
    • Garfield, NJ

    Versatile Two-Family Property in Garfield – A Prime Investment Opportunity! Located in the heart of Garfield, this well-maintained multi-family property offers easy access to schools, parks, and all the conveniences of city living. Whether you're a homeowner looking for additional rental income or an investor seeking potential growth, this property checks all the boxes. The spacious interiors

    Julie Seibold Tarvin Realtors

    Section Image
  • 41 Sampson St, Garfield, NJ 07026

    $499,000

    • 2 Beds
    • 1 Bath
    • 41 Sampson St
    • Garfield, NJ

    Investor special! This two-family home offers an opportunity for savvy buyers looking to renovate and add value. Located in a desirable neighborhood with strong rental demand, providing excellent income potential. While the house is currently in disrepair and requires significant renovation, its solid bones and spacious layout make it an ideal candidate for a full rehab.

    Zvonko Veskov New Jersey Homes & Estates

    Section Image
  • 202 Outwater Ln, Garfield, NJ 07026

    $550,000

    • 5 Beds
    • 3 Baths
    • 202 Outwater Ln
    • Garfield, NJ

    Welcome to 202 Outwater Lane, a fantastic multi-family property offering excellent investment potential or an ideal owner-occupant opportunity. This well-maintained home is located in a desirable neighborhood, close to shopping, dining, parks, and public transportation, providing convenience and accessibility.

    BEATRIZ PUIG-SALABARRIA RE/MAX PREMIER

    Section Image
  • 27 Dewey St, Garfield, NJ 07026

    $679,900

    • 4 Beds
    • 3 Baths
    • 2,394 Sq Ft
    • 27 Dewey St
    • Garfield, NJ

    This two-family home radiates classic elegance. Set behind a beautiful stone facade with an arched doorway, the property offers a unique layout and vintage character throughout. The first unit features a bright living room with a wood-burning fireplace and a bay window that fills the space with natural light. The eat-in kitchen is generously sized, providing plenty of room for both cooking and

    Melvin Ramirez COLDWELL BANKER REALTY

    Section Image
  • 105 Summit Ave, Garfield, NJ 07026

    $450,000

    • 3 Beds
    • 2 Baths
    • 105 Summit Ave
    • Garfield, NJ

    Two-Family Home for Sale Prime Investment Opportunity! Located just minutes from Belmont Park, this charming two-family home in Garfield offers both comfort and income potential! First Floor Unit: Spacious 2-bedroom layout " perfect for owner-occupants or tenants. Second Floor Unit: Cozy 1-bedroom " ideal for rental income. Outdoor Space: Private backyard " great for entertaining or relaxing.

    DONNA SMITH BHHS GROSS AND JANSEN REALTORS

    Section Image
  • 7 Scudder St, Garfield, NJ 07026

    $575,000

    • 3 Beds
    • 3 Baths
    • 7 Scudder St
    • Garfield, NJ

    Welcome to this inviting two-family house located in the heart of Garfield, New Jersey! Perfect for homeowners and investors alike, this well-maintained property offers comfort and versatility. Unit 1** features two bedrooms and a full bathroom, making it ideal for everyday living. The finished basement enhances the functionality of the home with an additional bathroom, making it perfect for

    Helen Santana Keller Williams City Views Realty

    Section Image
  • 72 Van Winkle Ave, Garfield, NJ 07026

    $719,000

    • 5 Beds
    • 2 Baths
    • 72 Van Winkle Ave
    • Garfield, NJ

    Charming Two Family House For Sale! Don't miss out this lovely and well-maintained two family house. First floor features very large EIK, 2 Large Bedrooms, Full Bath and a bright alcoves-perfect for a home office or a reading nook or a bar. Second floor has large EIK, 3 large bedrooms, and updated full bath. Full staircase up to 3rd floor leads to 3 finished rooms and full bath. Can be included

    Ivette Casanova RE/MAX Real Estate Limited

    Section Image
  • 378 Semel Ave, Garfield, NJ 07026

    $699,990

    • 3 Beds
    • 2.5 Baths
    • 378 Semel Ave
    • Garfield, NJ

    Three band new duplexes being built, each side being sold separately. Exterior is stone & cedar shakes with vinyl siding. Aluminum railings on exterior and oak railings and stairs on interior. All hardwood floors, EIKI with island, granite countertops & all stainless-steel appliances: stove w/hood, microwave, dishwasher, washer/dryer hook-up, 12 x 14 deck off kitchen into backyard. Three bedrooms

    Mark Wallace Mark Wallace Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Castillo Juan J Sanchez $491,500 Catic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Juan J Sanchez $482,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $491,000 +1.2% $267 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $485,000 -- $263 / 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
2024 $9,026 $275,100 $134,500 $140,600
2023 $8,580 $275,100 $134,500 $140,600
2022 $8,580 $275,100 $134,500 $140,600
2021 $7,824 $275,100 $134,500 $140,600
2020 $8,148 $275,100 $134,500 $140,600
2019 $7,994 $275,100 $134,500 $140,600
2018 $7,816 $275,100 $134,500 $140,600
2017 $7,678 $275,100 $134,500 $140,600
2016 $7,450 $275,100 $134,500 $140,600
2015 $7,265 $275,100 $134,500 $140,600
2014 $7,073 $275,100 $134,500 $140,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23023324

New Jersey MLS

APN: 21-00115-0000-00080