NOT LISTED FOR SALE

2 Railroad Ave New Brunswick, NJ 08901

Estimated Value: $504,605 - $699,000

-- Bed
-- Bath
2,282 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 10, 2021

Last sale price $450,000 $197 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,005/month

Highlights

  • Property is near public transit
  • Accessibility Features
  • Fenced
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2021

Money maker two family home with most expensive ticket items replaced, newer furnaces, newer electric, newer roof, first floor has 3 bedrooms, a full bath a huge living room and a large kitchen, 2nd floor has 5 bedrooms 1.5 baths a huge living room, kitchen, access from the back and front of the home, full unfinished basement, fenced in and much more, top floor tenants have been there for 10 years in a month to month leases, bottom level have occupied the property for the past 5 years also month to month leases..with very closed proximity to train station, buses, major highways, restaurants, theatre and shops

Last Agent to Sell the Property

Jane Eid

RE/MAX FIRST REALTY, INC. Listed on: 07/10/2021

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1892

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,282 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Sewer Tap Fee

Additional Features

  • Accessibility Features
  • Property is near public transit

Community Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 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)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,450

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1892
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Interior Entry
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(Kitchen,5+ Bedrooms,Living Room,1 1/2 Baths)
  • Living Area: 2282

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Corner Lot, Near Public Transit
  • Exterior Features: Sidewalk, Fencing/Wall
  • Roof: Asphalt

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 3049
  • Zoning: C-3A

Rental Info

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

Tax Info

  • Tax Annual Amount: 5450
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jun 11, 2021
Sold by
Oliveros Margarita and Ziomek Margarita
Bought by
Engelhard Michael R
Seller's Agent
Jane Eid
RE/MAX FIRST REALTY, INC.
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$606,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,151
Avg. Annual Appreciation
6.75%
Interest Rate
2.96%

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jun 7, 2021
Sold by
Oliveros Margarita and Ziomek Margarita
Bought by
Engelhard Michael R
Seller's Agent
Jane Eid
RE/MAX FIRST REALTY, INC.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.96%

Purchase Details

Listed on
Jul 10, 2021
Closed on
May 19, 2021
Sold by
Ziomek Margarita and Oliveros Margarita
Bought by
Engelhard Michael R
Seller's Agent
Jane Eid
RE/MAX FIRST REALTY, INC.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.96%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Richardson Louise
Bought by
Oliveros Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,300
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in New Brunswick, NJ

  • 133 Suydam St, New Brunswick, NJ 08901

    $460,000

    • Studio
    • 1,791 Sq Ft
    • 133 Suydam St
    • New Brunswick, NJ

    Welcome to your new investment property, located in New Brunswick NJ. Near Rutgers New Brunswick, short distance to public transportation by bus or train. This two-family home features 2 levels, basement and attic. 1st floor unit is 1 bedroom 1 bath, Kitchen, living room area with access to basement and patio. 2nd unit is a two bed 1 bath, Kitchen, Living room area, access to attic and door with

    Andris Hernandez-Espinal RealtyMark Properties

    Section Image
See All Homes in New Brunswick

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Engelhard Michael R $453,000 --
Engelhard Michael R $453,000 --
Engelhard Michael R $453,000 Trident Abstract Ttl Agcy Ll
Engelhard Michael R $453,000 Trident Abstract Ttl Agcy Ll
Oliveros Margarita $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Engelhard Michael R --
Open Engelhard Michael R $453,000
Closed Engelhard Michael R --
Closed Engelhard Michael R $453,000
Previous Owner Oliveros Margarita $349,000
Previous Owner Oliveros Margarita $339,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Off Market $450,000 -- --
07/10/2021 07/10/21 Sold $450,000 0.0% $197 / Sq Ft
07/10/2021 07/10/21 For Sale $450,000 -- $197 / 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 $7,537 $296,400 $78,300 $218,100
2023 $7,537 $296,400 $78,300 $218,100
2022 $7,377 $296,400 $78,300 $218,100
2021 $5,473 $296,400 $78,300 $218,100
2020 $7,321 $296,400 $78,300 $218,100
2019 $7,182 $296,400 $78,300 $218,100
2018 $7,019 $296,400 $78,300 $218,100
2017 $6,740 $296,400 $78,300 $218,100
2016 $8,535 $145,500 $30,400 $115,100
2015 $8,331 $145,500 $30,400 $115,100
2014 $8,183 $145,500 $30,400 $115,100
Source: Public Records

Agents Affiliated with this Home

  • Jane Eid

    Seller's Agent in 2021

    Jane Eid

    RE/MAX

    (732) 921-0906

    8 in this area

    57 Total Sales

    Jane Eid
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2200527R

All Jersey MLS

APN: 13-00144-0000-00030

New Jersey Middlesex County New Brunswick 08901

2 Railroad Ave, New Brunswick, NJ

This home is located at 2 Railroad Ave, New Brunswick, NJ 08901 since 10 July 2021 and is currently estimated at $606,151, approximately $265 per square foot. This property was built in 1892. 2 Railroad Ave is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes