$146,000
SOLD SEP 30, 2016
-- Bed
-- Bath
3,246 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

9% Below List Price

80 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA

About This Home

As of November 2024

Investor's dream - come renovate this 3 unit multifamily, located on a quiet street not far the College of NJ. Selling at an 8+ cap, the property has good income potential. This brick,colonial has a three car garage and back porch off the first floor. The owner lives in the downstairs, three bedroom unit but will be moving at the end of the summer. The upstairs one bedroom unit is vacant and the studio unit over the garage is being rented month to month. The electric is submetered

Last Agent to Sell the Property

PAUL DEBAYLO

Century 21 Abrams & Associates, Inc. Listed on: 05/10/2016

Last Buyer's Agent

PAUL DEBAYLO

Century 21 Abrams & Associates, Inc. Listed on: 05/10/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Property is in below average condition

Home Design

  • 3,246 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

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

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Schools

  • Gilmore J Fisher Middle School
  • Ewing High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 02-00234 05-00018

Community Details

Overview

  • No Home Owners Association
  • Glendale Subdivision

Building Details

  • Insurance Expense $800
  • Maintenance Expense $3,042
  • Other Expense $963
  • Operating Expense $19,746

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 963.00
  • Year Built: 1950
  • Remarks Public: Investor's dream - come renovate this 3 unit multifamily, located on a quiet street not far the College of NJ. Selling at an 8+ cap, the property has good income potential. This brick,colonial has a three car garage and back porch off the first floor. The owner lives in the downstairs, three bedroom unit but will be moving at the end of the summer. The upstairs one bedroom unit is vacant and the studio unit over the garage is being rented month to month. The electric is submetered
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3246
  • Living Area Sq Ft: 3246
  • Price Per Sq Ft: 49.29
  • Above Grade Finished Sq Ft: 3246
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 3648.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 445.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: EWING TOWNSHIP PUBLIC SCHOOLS
  • Middle School: GILMORE J FISHER
  • High School: EWING
  • School District Key: 300200396170
  • High School: EWING
  • Middle Or Junior School: GILMORE J FISHER

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Property Condition: Below Average
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 32700.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 10848.00
  • Assessor Parcel Number: 02-00234 05-00018
  • Tax Lot: 00018
  • Tax Year: 2015
  • Close Date: 09/30/2016

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 14, 2024
Sold by
Smith Charles A
Bought by
Aryeetey Raphael
Seller's Agent
Rosaria Lawlor
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Kiyana McKenzie
EXP Realty, LLC
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Views
30
Current Estimated Value
$593,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,048
Avg. Annual Appreciation
4.21%
Original Mortgage
$550,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $580,000 None Listed On Document
Bargain Sale Deed $580,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $493,000 Credit Line Revolving
Closed $550,000 New Conventional
Previous Owner $95,000 New Conventional
Previous Owner $299,003 FHA
Previous Owner $336,357 FHA
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $580,000 -3.2% $179 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $599,000 +310.3% $185 / Sq Ft
09/30/2016 09/30/16 Sold $146,000 -8.8% $45 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $160,000 -- $49 / Sq Ft
Source: Bright 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 $12,618 $341,300 $65,200 $276,100
2023 $12,618 $341,300 $65,200 $276,100
2022 $12,277 $341,300 $65,200 $276,100
2021 $11,976 $341,300 $65,200 $276,100
2020 $11,806 $341,300 $65,200 $276,100
2019 $11,498 $341,300 $65,200 $276,100
2018 $11,409 $216,000 $48,100 $167,900
2017 $11,145 $206,200 $48,100 $158,100
2016 $10,995 $206,200 $48,100 $158,100
2015 $10,848 $206,200 $48,100 $158,100
2014 $10,819 $206,200 $48,100 $158,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002436862

Bright MLS

APN: 02-00234-05-00018