NOT LISTED FOR SALE

Estimated Value: $636,000 - $713,000

-- Bed
-- Bath
2,460 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $600,000 $244 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,430/month

209 Days on Market

Highlights

  • Waterfront
  • Utility Room
  • Hot Water Baseboard Heater
  • Private Yard
  • Carpet
  • 4-minute walk to Bayview Park

About This Home

As of June 2023

Fantastic! well maintained 3 family home in a great High Street location only few blocks from Water Front, restaurants, shopping and Downtown Business district. 1st and 2nd apartments have gas heating units, 3rd unit is electric, all separated utilities, excellent investment opportunity. Hurry!!!

Last Agent to Sell the Property

Enrique Hernandez

PETRA BEST REALTY LLC Listed on: 11/18/2022

Co-Listed By

ANTHONY HERNANDEZ

PETRA BEST REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,639

Year Built

  • Built in 1890

Lot Details

  • 3,794 Sq Ft Lot
  • Lot Dimensions are 115.00 x 33.00
  • Waterfront
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,460 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Carpet
  • Partial Basement
  • Oven or Range

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Water Heater

Community Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,639

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0871
  • Lot Size: 115.00 x 33.00
  • Co List Office Mls Id: PBST
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1890
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Electric,Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Partial, Utility Room
  • Flooring: Unit 3 Carpet
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,See Remarks)
  • Living Area: 2460
  • Stories: 3

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater, Electric, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3794
  • Zoning: R-50

Rental Info

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

Tax Info

  • Tax Annual Amount: 8639
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jun 15, 2023
Sold by
Fazio Gina and Fazzio Gina
Bought by
194 High Street Llc
Seller's Agent
Enrique Hernandez
PETRA BEST REALTY LLC
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
384
Current Estimated Value
$679,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,479
Avg. Annual Appreciation
6.70%
Original Mortgage
$450,000
Outstanding Balance
$440,327
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$250,789

Purchase Details

Closed on
Mar 3, 1992
Bought by
Fazio Rosario and Fazio Gina
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
194 High Street Llc $600,000 None Listed On Document
Fazio Rosario $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 194 High Street Llc $450,000
Previous Owner Fazio Rosario $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $600,000 -2.4% $244 / Sq Ft
02/17/2023 02/17/23 Price Changed $615,000 -1.6% $250 / Sq Ft
11/18/2022 11/18/22 For Sale $625,000 -- $254 / 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 $8,732 $350,800 $152,400 $198,400
2023 $8,732 $290,000 $152,400 $137,600
2022 $8,628 $290,000 $152,400 $137,600
2021 $8,639 $290,000 $152,400 $137,600
2020 $8,636 $290,000 $152,400 $137,600
2019 $8,668 $290,000 $152,400 $137,600
2018 $8,593 $290,000 $152,400 $137,600
2017 $8,575 $290,000 $152,400 $137,600
2016 $8,352 $290,000 $152,400 $137,600
2015 $9,280 $320,000 $152,400 $167,600
2014 $9,338 $320,000 $152,400 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2306084R

All Jersey MLS

APN: 16-00025-0000-00023