$620,000
SOLD DEC 5, 2024

201 Chestnut St Middlesex, NJ 08846

-- Bed
-- Bath
-- Sq Ft
7,501 Sq Ft Lot

Recently Sold

13% Above List Price

7 Days on Market

Highlights

  • Deck
  • Workshop
  • Enclosed patio or porch
  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

***Highest and Best due by Wednesday, 10/23/2024 at 5pm*** Charming 2-Family Home on a Corner Lot - A Smart Investment or Perfect for Multi-Generational Living. This well-maintained 2-family home offers a versatile living arrangement with separate up-and-down units, each having its own separate utilities and meters, providing flexibility for both investors and owner-occupants. Located on a desirable area outside of a flood zone, this property offers a mix of charm and convenience. The shared entryway leads to the spacious downstairs unit, which features a large Living Room with a classic brick fireplace and an adjoining Den, ideal for a home office. The spacious Dining Room offers access to the outdoors through a separate entrance and a slider leading to an inviting screened-in Porch - perfect for relaxing and enjoying a peaceful afternoon. The Kitchen is fully equipped with all appliances included, and the updated Bathroom adds a fresh touch. Two Bedrooms, one of which is currently used as a Family Room, round out this unit. This unit also enjoys basement access with storage and laundry facilities. Upstairs, the second unit has been thoughtfully updated with a beautifully renovated Kitchen and Bathroom. The Living Room and two Bedrooms offer a comfortable yet spacious living area, and the unit benefits from access to a large attic for additional storage. Each unit is equipped with separate heating and air conditioning systems, ensuring year-round comfort for both residents. The fireplace, chimney, and garage are sold as-is (with no known issues). This home is close to the Bound Brook Train Station, highways, shopping, parks and restaurants, making it ideal for both investors and owner-occupied use with the potential to offset mortgage costs. Don't miss this opportunity with so many living arrangement options!

Last Agent to Sell the Property

James Kontopodias

KELLER WILLIAMS REAL ESTATE Listed on: 10/17/2024

KELLER WILLIAMS REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,189

Year Built

  • Built in 1935

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 150.00 x 50.00
  • South Facing Home
  • Private Entrance
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Blinds
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Workshop
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 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)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,189

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1722
  • Lot Size: 150.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1935
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Exterior Entry, Storage Space, Workshop, Laundry Facilities
  • Flooring: Unit 2 Carpet
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2
  • Window Features: Insulated Windows, Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Corner Lot, Level
  • Direction Faces: South
  • Exterior Features: Porch(es) - Enclosed, Curbs, Deck, Sidewalk, Fencing/Wall, Windows - Insulated Pane, Blinds, Semi-Private Entry, Porch
  • Patio And Porch Features: Enclosed, Deck, Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All,A/C Multi-Zone,See Remarks,Separate Control, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Zoned, See Remarks, Forced Air, Separate Furnaces
  • Heating Yn: Yes
  • Electric: 240 Volt(s), 100 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 7501
  • Zoning: R-75

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 11189
  • Tax Year: 2023

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Nov 21, 2024
Sold by
Bifano Gary and Bifano Mary Ellen
Bought by
Munoz Vilchez Luis and Munoz Cynthia Rodriguez
Seller's Agent
James Kontopodias
KELLER WILLIAMS REAL ESTATE
List Price
$549,000
Sold Price
$620,000
Premium/Discount to List
$71,000
12.93%
Views
19
Current Estimated Value
$613,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,880
Avg. Annual Appreciation
-3.88%
Original Mortgage
$589,000
Outstanding Balance
$586,970
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$19,908

Purchase Details

Closed on
Feb 6, 2017
Sold by
Przybylowicz Anthony R and Sciara Debra Sciara
Bought by
Bifano Gary and Bifano Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.19%

Purchase Details

Closed on
Mar 29, 1989
Bought by
Prbybylowicz A D and G D
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 Type Sale Price Title Company
Deed $620,000 Rally Point Title
Deed -- --
Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,000 New Conventional
Previous Owner $328,463 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner -- No Value Available
Previous Owner $55,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $620,000 +12.9% --
10/17/2024 10/17/24 For Sale $549,000 -- --
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 $11,189 $507,900 $149,300 $358,600
2023 $11,189 $507,900 $149,300 $358,600
2022 $10,564 $106,800 $30,300 $76,500
2021 $7,663 $106,800 $30,300 $76,500
2020 $10,063 $106,800 $30,300 $76,500
2019 $9,790 $106,800 $30,300 $76,500
2018 $9,493 $106,800 $30,300 $76,500
2017 $9,232 $106,800 $30,300 $76,500
2016 $8,927 $106,800 $30,300 $76,500
2015 $8,738 $106,800 $30,300 $76,500
2014 $8,572 $106,800 $30,300 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2504679R

All Jersey MLS

APN: 10-00121-0000-00001