NOT LISTED FOR SALE

206 Bordentown Ave South Amboy, NJ 08879

Estimated Value: $583,264 - $672,000

6 Beds
2 Baths
2,708 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $420,000 $155 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,143/month

69 Days on Market

About This Home

As of November 2021

Fabulous income producing property located in the Heart of the Hustling & Bustling town of South Amboy. Tenant occupied both units and would like to stay. 1st floor has a front porch/patio area, and the 2nd floor has a spacious balcony just above. This money maker is within minutes of the South Amboy Train Station, NJ Transit Buses, Pizza Parlors, Restaurants, Schools, & Houses of Worship. There will be new development happening on the adjacent property. This may be the perfect time to add this property to your portfolio.

Last Agent to Sell the Property

Robert Golden

RE/MAX SELECT Listed on: 08/05/2021

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,397

Year Built

  • Built in 1914

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 30x100

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,397

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0689
  • Lot Size: 30X100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1914
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Interior Amenities: Unit 1(3 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2(1 Bath,3 Bedrooms,Dining Room,Kitchen)
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Roof: Asphalt

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3001
  • Zoning: RA

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 8397
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 9, 2021
Sold by
206 Bordentown Ave Llc
Bought by
206 White House Llc
Seller's Agent
Robert Golden
RE/MAX SELECT
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$614,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,066
Avg. Annual Appreciation
10.54%
Original Mortgage
$336,000
Outstanding Balance
$308,949
Interest Rate
3.09%
Mortgage Type
Construction
Estimated Equity
$305,117

Purchase Details

Closed on
Apr 30, 2021
Sold by
Gallagher Mark
Bought by
206 Bordentown Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2011
Sold by
Strong J Morgan
Bought by
Boll Margaret M

Purchase Details

Closed on
Mar 17, 2011
Sold by
Boll Margaret M
Bought by
Strong J Morgan

Purchase Details

Closed on
Jun 14, 2004

Purchase Details

Closed on
Jun 11, 1999
Sold by
Neary Joseph
Bought by
Gallagher Mark and Gallagher Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.19%
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
206 White House Llc $420,000 All Ahead Title Agency
206 Bordentown Ave Llc -- Quality Ttl & Abstract Agcy
Boll Margaret M -- None Available
Strong J Morgan -- None Available
-- -- --
Gallagher Mark $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 206 White House Llc $336,000
Previous Owner 206 Bordetown Ave Llc $250,000
Previous Owner Gallager Mark $193,000
Previous Owner Gallagher Mark $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Off Market $420,000 -- --
11/12/2021 11/12/21 Sold $420,000 0.0% $155 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $420,000 -- $155 / 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
2025 $9,566 $298,100 $114,700 $183,400
2024 $9,205 $298,100 $114,700 $183,400
2023 $9,205 $298,100 $114,700 $183,400
2022 $8,746 $298,100 $114,700 $183,400
2021 $8,600 $298,100 $114,700 $183,400
2020 $8,397 $298,100 $114,700 $183,400
2019 $8,263 $298,100 $114,700 $183,400
2018 $8,195 $298,100 $114,700 $183,400
2017 $8,064 $298,100 $114,700 $183,400
2016 $7,861 $298,100 $114,700 $183,400
2015 $7,918 $298,100 $114,700 $183,400
2014 $7,646 $298,100 $114,700 $183,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2250223M

All Jersey MLS

APN: 20-00042-0000-00022