NOT LISTED FOR SALE

1766 New Jersey Ave Lorain, OH 44052

6 Beds
2 Baths
2,180 Sq Ft
8,930 Sq Ft Lot

Last Sold October 17, 2023

Last sale price $138,000 $63 Per Sq Ft

29 Days on Market

About This Home

As of October 2023

Spacious and affordable duplex in Lorain - excellent investment opportunity! This property offers 6 bedrooms and 2 bathrooms across 2,180 sq ft of living space. Each unit has its own kitchen, living room, dining room, and laundry area. The duplex was built in 1955, and has vinyl siding and forced air for each unit. The roof and all major mechanicals are in good condition. The lot size is 8,932 sq ft, providing plenty of outdoor space for gardening, entertaining, or relaxing. 1766 New Jersey Ave is conveniently located in the East Lorain neighborhood, close to schools, parks, shopping, and dining. It’s also a short drive to Lake Erie and downtown Lorain. The duplex has great rental potential per unit. Don’t miss this opportunity to own a great investment property in Lorain. Contact your agent today to schedule a showing! Call now before it’s gone!

Last Agent to Sell the Property

Michael Jones

Real of Ohio License #2020005455 Listed on: 08/03/2023

Real of Ohio

Last Buyer's Agent

Monica Arredondo-Graham

Berkshire Hathaway HomeServices Professional Realty License #381026

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1955

Lot Details

  • 8,930 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Cromwell Gardens Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 03-00-056-127-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1955

Lot Details

8,930 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 63.30
  • Estimated Price per Sq Ft: 63.30
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2180
  • Year Built: 1955
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 896-9204 brichards@remax.net
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Cooktop, Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2180.00
  • Sq Ft Approx Total Finished: 2180.00

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Cromwell Gardens

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2050
  • Parcel Number: 03-00-056-127-007

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1273
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $138,000 +10.4% $63 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $125,000 0.0% $57 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $125,000 -- $57 / Sq Ft
Source: MLS Now

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 $1,728 $40,887 $3,276 $37,611
2023 $1,285 $24,322 $3,647 $20,675
2022 $1,274 $24,322 $3,647 $20,675
2021 $1,274 $24,322 $3,647 $20,675
2020 $1,216 $20,160 $3,020 $17,140
2019 $1,209 $20,160 $3,020 $17,140
2018 $1,334 $20,160 $3,020 $17,140
2017 $1,458 $22,910 $3,240 $19,670
2016 $1,446 $22,910 $3,240 $19,670
2015 $1,366 $22,910 $3,240 $19,670
2014 $1,299 $21,820 $3,090 $18,730
2013 $1,289 $21,820 $3,090 $18,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4479945

MLS Now

APN: 03-00-056-127-007

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