Seller's Agent in 2020
Joe DeLorenzo
RE/MAX
(609) 635-0714
52 in this area
160 Total Sales
1745 Brunswick Ave Lawrence Township, NJ 08648
Estimated Value: $370,511 - $429,000
--
Bed
--
Bath
1,450
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- No HOA
- Lawrence High School Rated A-
- Hot Water Baseboard Heater
About This Home
As of July 2020Fantastic income-producing triplex in Lawrence! This three-story building has been completely remodeled and is fully rented. It offers three 1/1 apartments that currently rent for $850, $925, and $1050. This is the perfect opportunity for an investor to begin earning an instant cash flow without having to make any upgrades or find long-term tenants.
Last Agent to Sell the Property
RE/MAX of Princeton License #9483422 Listed on: 04/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,475
Year Built
- Built in 1940 | Remodeled in 2017
Lot Details
- 3,528 Sq Ft Lot
- Lot Dimensions are 21.00 x 168.00
Home Design
- Triplex
- Frame Construction
Interior Spaces
- 1,450 Sq Ft Home
- Basement Fills Entire Space Under The House
- Gas Oven or Range
Parking
- Driveway
- On-Street Parking
Utilities
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for insurance, sewer, real estate taxes, water
- Tax Lot 00020
- Assessor Parcel Number 07-00302-00020
Community Details
Overview
- No Home Owners Association
- 3 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $800
- Maintenance Expense $1,695
- Other Expense $4,475
- Operating Expense $3,600
- Gross Income $33,900
- Net Operating Income $23,330
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2020
Closed on
Jun 27, 2020
Sold by
Mostyn Patrick Joseph and Mostyn Anna M
Bought by
Masuod Habib
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Joe DeLorenzo
RE/MAX of Princeton
List Price
$300,000
Sold Price
$235,000
Premium/Discount to List
-$65,000
-21.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,775
Avg. Annual Appreciation
10.79%
Original Mortgage
$176,250
Outstanding Balance
$127,670
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$269,027
Purchase Details
Closed on
Aug 31, 2017
Sold by
Montervino Thomas D and Montervino Denise M
Bought by
Mostyn Patrick Jospeh and Mostyn Anna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 1986
Bought by
Montervino Thomas D
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 |
|---|---|---|---|
| Masuod Habib | $235,000 | Empire Ttl & Abstract Agcy L | |
| Mostyn Patrick Jospeh | $222,000 | North American Title Ins Co | |
| Montervino Thomas D | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Masuod Habib | $176,250 | |
| Previous Owner | Mostyn Patrick Jospeh | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2020 07/08/20 | Sold | $235,000 | -14.5% | $162 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | Price Changed | $275,000 | -8.3% | $190 / Sq Ft |
| 04/28/2020 04/28/20 | For Sale | $300,000 | 0.0% | $207 / Sq Ft |
| 11/01/2018 11/01/18 | Rented | $1,075 | 0.0% | -- |
| 10/04/2018 10/04/18 | Under Contract | -- | -- | -- |
| 09/12/2018 09/12/18 | For Rent | $1,075 | 0.0% | -- |
| 12/01/2017 12/01/17 | Sold | $222,000 | 0.0% | $153 / Sq Ft |
| 07/13/2017 07/13/17 | Pending | -- | -- | -- |
| 07/10/2017 07/10/17 | Off Market | $222,000 | -- | -- |
| 06/30/2017 06/30/17 | For Sale | $229,900 | +3.6% | $159 / Sq Ft |
| 06/30/2017 06/30/17 | Off Market | $222,000 | -- | -- |
| 02/09/2017 02/09/17 | For Sale | $229,900 | +3.6% | $159 / Sq Ft |
| 02/09/2017 02/09/17 | Off Market | $222,000 | -- | -- |
| 08/09/2016 08/09/16 | For Sale | $239,000 | -- | $165 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $5,632 | $185,500 | $54,400 | $131,100 |
| 2023 | $5,632 | $185,500 | $54,400 | $131,100 |
| 2022 | $5,530 | $185,500 | $54,400 | $131,100 |
| 2021 | $5,459 | $185,500 | $54,400 | $131,100 |
| 2020 | $4,533 | $156,200 | $54,400 | $101,800 |
| 2019 | $4,475 | $156,200 | $54,400 | $101,800 |
| 2018 | $4,374 | $156,200 | $54,400 | $101,800 |
| 2017 | $4,353 | $156,200 | $54,400 | $101,800 |
| 2016 | $4,289 | $156,200 | $54,400 | $101,800 |
| 2015 | $4,171 | $156,200 | $54,400 | $101,800 |
| 2014 | $4,092 | $156,200 | $54,400 | $101,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2018
Stacey Lederman
RE/MAX
(609) 802-4955
5 in this area
10 Total Sales
-
Seller's Agent in 2017
Steve Dziegielewski
Arya Realtors
(609) 477-3940
29 in this area
140 Total Sales
-
Buyer's Agent in 2017
Michael Mayo
RE/MAX
(713) 449-6498
1 in this area
24 Total Sales
Map
Source: Bright MLS
MLS Number: NJME294776
APN: 07-00302-0000-00020
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