NOT LISTED FOR SALE

Estimated Value: $644,535 - $818,000

7 Beds
3 Baths
2,859 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $480,000 $168 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,779/month

83 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Fenced

About This Home

As of July 2021

Introducing 177 North 11th Street. With updated kitchen and baths, all units have been renovated and have central air, forced hot air heat, hi-hat lighting, hardwood flooring. With current income and expenses...a 6+ cap rate.

Last Agent to Sell the Property

Anthony Ferraro

RE/MAX Central License #2080825 Listed on: 03/02/2021

Last Buyer's Agent

April Nicole Blount

Berkshire Hathaway HomeServices Fox & Roach - Watchung License #1109170

Berkshire Hathaway HomeServices Fox & Roach - Watchung

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,627

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • Fenced

Parking

  • No Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,859 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Insulated Doors
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Refrigerators belong to tenants
  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 14-01938-0000-00044

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $1,200
  • Gross Income $39,600
  • Net Operating Income $31,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,627

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Ceramic Tile
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1915
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • SidingBrick: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Water Heater2: Yes
  • Income Expenses WaterSewer Expense: 1200.0
  • Income Expenses Gross Income2: 39600.0
  • Income Expenses Net Income: 31841.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features Insulated Doors: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Exclusions: Refrigerators belong to tenants
  • Construction Type: Brick
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-01938-0000-00044
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Features Insulated Windows: Yes

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6627.0
  • Tax Other Annual Assessment Amount: 174400.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Allen Denise
Bought by
Denise Allen Family Trust and Allen
Current Estimated Value
$709,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,977
Outstanding Balance
$45,039
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$673,345

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jul 2, 2021
Sold by
Paliz Bismarck and Paliz Wadette
Bought by
Allen Denise
Seller's Agent
Anthony Ferraro
RE/MAX Central
Buyer's Agent
April Nicole Blount
Berkshire Hathaway HomeServices Fox & Roach - Watchung
List Price
$499,999
Sold Price
$480,000
Premium/Discount to List
-$19,999
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$471,306
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
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
Denise Allen Family Trust -- None Listed On Document
Allen Denise $480,000 Nu World Title Llc
-- $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Denise $45,977
Previous Owner Allen Denise $471,306
Previous Owner Allen Denise $471,306
Previous Owner Paliz Bismarck $200,000
Previous Owner Paliz Wadette $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $480,000 -4.0% $168 / Sq Ft
03/02/2021 03/02/21 For Sale $499,999 -- $175 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $10,338 $277,300 $27,500 $249,800
2024 $10,338 $277,300 $27,500 $249,800
2022 $10,360 $277,300 $27,500 $249,800
2021 $6,512 $174,400 $27,500 $146,900
2020 $6,627 $174,400 $27,500 $146,900
2019 $6,559 $174,400 $27,500 $146,900
2018 $6,441 $174,400 $27,500 $146,900
2017 $6,209 $174,400 $27,500 $146,900
2016 $5,999 $174,400 $27,500 $146,900
2015 $5,771 $174,400 $27,500 $146,900
2014 $5,408 $174,400 $27,500 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22105990

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-01938-0000-00044