NOT LISTED FOR SALE

Estimated Value: $781,000 - $913,000

6 Beds
4 Baths
-- Sq Ft
3,751 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $670,000

Est. 24% increase in value since last sale

Current estimated payment $5,712/month

166 Days on Market

About This Home

As of June 2022

Great investment opportunity. Building being sold with 17 So. Spring St for a total of 8 units. Some updates made to kitchens and baths in 2020/2021. 1st Fl at 17 So. Spring is left vacant for potential owner-occupant and easy showing. Just 2 miles from Newark Airport draws tenants from the airline industry. This is a crossroads location close to Routes 1&9, NJ Turnpike, etc. Easy NYC commute.

Last Listed By

Rachele JeanLouis

HomeQuest Realty Group Listed on: 12/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,630

Year Built

  • 2003

Lot Details

  • 3,751 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 01273 / 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,630

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 337-5170
  • MLS Status: Sold - Sold
  • Directions: Use GPS
  • Architectural Style: 4 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2003

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 35.05x107 AVG
  • Lot Size Sq Ft: 3751.0

Tax Info

  • Tax Annual Amount: 9630.0
  • Tax Block: 00009
  • Tax Lot: 01273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Jun 13, 2022
Sold by
Mys Spring 2 Llc
Bought by
Pearl Equities Llc
Seller's Agent
Rachele JeanLouis
HomeQuest Realty Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Total Days on Market
166
Current Estimated Value
$829,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,085
Avg. Annual Appreciation
7.52%
Original Mortgage
$442,500
Outstanding Balance
$423,937
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$405,148

Purchase Details

Closed on
Mar 2, 2020
Sold by
Rybakowski Bernard
Bought by
Myc Spring 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2017
Sold by
Rybakowski Bernard A and Rybakowski Bernard A
Bought by
Rybakowski Bernard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2003
Sold by
Diaz Benito
Bought by
Rybakowski Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.84%

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
Pearl Equities Llc $670,000 Fidelity National Title
Myc Spring 2 Llc $450,000 First American Title Ins Co
Rybakowski Bernard A -- Soho Abstract
Rybakowski Bernard $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearl Equities Llc $442,500
Previous Owner Myc Spring 2 Llc $352,000
Previous Owner Rybakowski Bernard A $188,000
Previous Owner Rybakowski Bernard A $241,000
Previous Owner Rybakowski Bernard $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $670,000 +3.1% --
06/12/2022 06/12/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $650,000 -- --
Source: New 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 $12,855 $545,200 $149,200 $396,000
2023 $12,855 $40,900 $9,200 $31,700
2022 $10,060 $32,900 $9,200 $23,700
2021 $9,853 $32,900 $9,200 $23,700
2020 $9,630 $32,900 $9,200 $23,700
2019 $9,483 $32,900 $9,200 $23,700
2018 $9,391 $32,900 $9,200 $23,700
2017 $9,129 $32,900 $9,200 $23,700
2016 $9,129 $32,900 $9,200 $23,700
2015 $8,587 $32,900 $9,200 $23,700
2014 $8,329 $32,900 $9,200 $23,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21048540

New Jersey MLS

APN: 04-00009-0000-01273-C