NOT LISTED FOR SALE

181 Lawrence St New Brunswick, NJ 08901

Estimated Value: $673,000 - $722,000

-- Bed
-- Bath
-- Sq Ft
4,599 Sq Ft Lot

Last Sold February 04, 2021

Last sale price $525,000

Est. 35% increase in value since last sale

Current estimated payment $4,868/month

462 Days on Market

About This Home

As of February 2021

4-3 bedroom units, fully rented with long term tenants. House has been maintained. Owner pays water and sewer.

Last Listed By

April Tarantino

RE/MAX OUR TOWN Listed on: 10/01/2019

RE/MAX OUR TOWN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,180

Year Built

  • Built in 1940

Lot Details

  • 4,599 Sq Ft Lot
  • Lot Dimensions are 46 x 100

Interior Spaces

  • 3-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Gas Water Heater
  • Sewer Tap Fee

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks water), unit 2 owner pays(see remarks water), unit 3 owner pays(see remarks water), unit 4 owner pays(see remarks water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,180

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1056
  • Lot Size: 46 x 100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1940
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water), Unit 3 Owner Pays(See Remarks,Water), Unit 4 Owner Pays(See Remarks,Water)
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(3 Bedrooms,1 Bath,Kitchen,Living Room), Unit 2(3 Bedrooms,1 Bath,Kitchen,Living Room), Unit 3(3 Bedrooms,1 Bath,Kitchen,Living Room), Unit 4(3 Bedrooms,1 Bath,Kitchen,Living Room)
  • Stories: 3

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4599
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 10180
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Feb 3, 2021
Sold by
Ramjiawan Zailoon
Bought by
Remsen Management Llc
Seller's Agent
April Tarantino
RE/MAX OUR TOWN
List Price
$525,000
Sold Price
$525,000
Total Days on Market
462
Current Estimated Value
$707,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,019
Avg. Annual Appreciation
7.87%
Original Mortgage
$393,750
Outstanding Balance
$358,009
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$369,719

Purchase Details

Closed on
Jan 10, 2005
Sold by
Litwin David
Bought by
Ramjiawan Ramesh and Ramjiawan Zailoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Remsen Management Llc $525,000 Commonwealth Title
Ramjiawan Ramesh $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remsen Management Llc $393,750
Previous Owner Ramjiawan Ramesh $99,999
Previous Owner Ramjiawan Ramesh $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $525,000 0.0% --
01/05/2021 01/05/21 Pending -- -- --
10/01/2019 10/01/19 For Sale $525,000 -- --
Source: All 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 $10,932 $429,900 $111,500 $318,400
2023 $10,932 $429,900 $111,500 $318,400
2022 $10,700 $429,900 $111,500 $318,400
2021 $7,938 $429,900 $111,500 $318,400
2020 $10,619 $429,900 $111,500 $318,400
2019 $10,416 $429,900 $111,500 $318,400
2018 $10,180 $429,900 $111,500 $318,400
2017 $9,776 $429,900 $111,500 $318,400
2016 $10,717 $182,700 $32,000 $150,700
2015 $10,461 $182,700 $32,000 $150,700
2014 $10,275 $182,700 $32,000 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2005572

All Jersey MLS

APN: 13-00278-0000-00016