NOT LISTED FOR SALE

Estimated Value: $709,000 - $828,000

-- Bed
-- Bath
2,567 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $696,000 $271 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,011/month

185 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Baseboard Heating

About This Home

As of January 2024

Attention Investors! Cash Cow For Sale!! This 4 family in the desirable town of Perth Amboy, features 2/2 bedrooms & 2/1 bedroom units. The property is fully rented with excellent tenants and high rent rolls! All separate utilities. 4 of everything! As is sale. *Back On The Market! Buyer unable to perform. *The Sellers have an assumable FHA loan with an interest rate of 2.6%! We will help facilitate but buyer must do their own diligence. *Sellers have obtained CO. *Can deliver 1 unit vacant.

Last Agent to Sell the Property

Haedy Pabon

KELLER WILLIAMS ELITE REALTORS Listed on: 07/08/2023

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,052

Year Built

  • Built in 1909

Lot Details

  • 1,873 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,052

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.043
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple,Sole Proprietorship
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1909
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator), Unit 4(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
  • Has Basement: Full, Exterior Entry, Interior Entry
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Roof: Flat

Garage/Parking

  • Parking Features: 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 1873
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 11052
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Dec 21, 2023
Sold by
Santiago Xiomara and Medina Mercedes
Bought by
Sanabria Victor and Sanabria Margarita
Seller's Agent
Haedy Pabon
KELLER WILLIAMS ELITE REALTORS
List Price
$690,000
Sold Price
$696,000
Premium/Discount to List
$6,000
0.87%
Views
289
Current Estimated Value
$744,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,916
Avg. Annual Appreciation
4.96%
Original Mortgage
$544,947
Outstanding Balance
$538,255
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$213,758

Purchase Details

Closed on
Oct 25, 2022
Sold by
Santiago Xiomara
Bought by
Santiago Xiomara and Medina Mercedes

Purchase Details

Listed on
Sep 5, 2020
Closed on
Dec 18, 2020
Sold by
Jerez Jonathon and Caba Bernado
Bought by
Santiago Xiomara
Seller's Agent
MAURICE DAY
HOWARD HANNA RAND REALTY
List Price
$555,000
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$544,947
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Jerez Jonathon and Caba Bernado

Purchase Details

Closed on
Feb 11, 2004
Sold by
Abreu Luis F
Bought by
Swindell Dale and Swindell Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.65%
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
Sanabria Victor $696,000 Acres Land Title
Sanabria Victor $696,000 Acres Land Title
Santiago Xiomara $260,500 --
Santiago Xiomara $555,000 Quality Ttl & Abstract Agcy
Jerez Jonathon $96,000 None Available
Swindell Dale $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanabria Victor $544,947
Closed Sanabria Victor $544,947
Previous Owner Santiago Xiomara $544,947
Previous Owner Jerez Jonathan $246,000
Previous Owner Swindell Dale $360,000
Previous Owner Swindell Dale $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $696,000 +0.9% $271 / Sq Ft
07/08/2023 07/08/23 For Sale $690,000 +24.3% $269 / Sq Ft
01/07/2021 01/07/21 Sold $555,000 0.0% $216 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $555,000 -- $216 / Sq Ft
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 $11,186 $371,500 $83,600 $287,900
2023 $11,186 $371,500 $83,600 $287,900
2022 $11,052 $371,500 $83,600 $287,900
2021 $9,729 $326,600 $83,600 $243,000
2020 $9,726 $326,600 $83,600 $243,000
2019 $9,762 $326,600 $83,600 $243,000
2018 $9,677 $326,600 $83,600 $243,000
2017 $9,658 $326,600 $83,600 $243,000
2016 $9,406 $326,600 $83,600 $243,000
2015 $9,471 $326,600 $83,600 $243,000
2014 $9,530 $326,600 $83,600 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2400012R

All Jersey MLS

APN: 16-00081-0000-00024