NOT LISTED FOR SALE

216 Suydam St New Brunswick, NJ 08901

Estimated Value: $499,000 - $610,000

4 Beds
2 Baths
1,176 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $475,000 $404 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,553/month

258 Days on Market

Highlights

  • Utility Room
  • Level Lot
  • Radiant Heating System

About This Home

As of August 2023

Great income property! OR Live in one unit and let the other pay the bills. Huge Attic, full finished basement, two separate systems heating & electric. Now Vacant!

Last Agent to Sell the Property

Ivan Gutierrez

BORAIE REALTY, LLC Listed on: 12/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,811

Year Built

  • Built in 1920

Lot Details

  • 2,701 Sq Ft Lot
  • Lot Dimensions are 100.00 x 27.00
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Utilities

  • No Cooling
  • Radiant Heating System
  • Furnace
  • Water Heater
  • Sewer Tap Fee

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(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,811

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.062
  • Lot Size: 100.00 x 27.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Finished, Recreation Room, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Exterior Features: Curbs, Sidewalk
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiant-Hot Water, See Remarks, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 2701
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 7811
  • Tax Year: 2021

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
Dec 6, 2022
Closed on
Aug 4, 2023
Sold by
Friedman Living Trust
Bought by
Patel Rakesh
Seller's Agent
Ivan Gutierrez
BORAIE REALTY, LLC
List Price
$483,500
Sold Price
$475,000
Premium/Discount to List
-$8,500
-1.76%
Views
211
Current Estimated Value
$540,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,433
Avg. Annual Appreciation
6.31%
Original Mortgage
$387,760
Outstanding Balance
$379,039
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$161,394

Purchase Details

Closed on
Oct 21, 2013
Sold by
Friedman Morton and Friedman Tola
Bought by
Friedman Morton and Friedman Tola

Purchase Details

Closed on
Jun 25, 2010
Sold by
Barkoe Susan
Bought by
Friedman Morton and Friedman Tola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Hicks Stella
Bought by
Barkow Ira and Barkow Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
5.99%

Purchase Details

Closed on
Apr 15, 1997
Sold by
State Street Bank
Bought by
Hicks Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.09%
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
Patel Rakesh $484,700 Clear To Close Title
Patel Rakesh $484,700 Clear To Close Title
Friedman Morton -- None Available
Friedman Morton $245,000 None Available
Barkow Ira $282,000 --
Hicks Stella $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rakesh $387,760
Closed Patel Rakesh $387,760
Previous Owner Friedman Morton $170,000
Previous Owner Barkow Ira $253,800
Previous Owner Hicks Stella $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $475,000 +5.6% $404 / Sq Ft
02/09/2023 02/09/23 Price Changed $450,000 -5.3% $383 / Sq Ft
12/22/2022 12/22/22 Price Changed $475,000 -1.8% $404 / Sq Ft
12/06/2022 12/06/22 For Sale $483,500 -- $411 / 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 $8,252 $315,100 $83,000 $232,100
2024 $8,013 $315,100 $83,000 $232,100
2023 $8,013 $315,100 $83,000 $232,100
2022 $7,843 $315,100 $83,000 $232,100
2021 $5,818 $315,100 $83,000 $232,100
2020 $7,783 $315,100 $83,000 $232,100
2019 $7,635 $315,100 $83,000 $232,100
2018 $7,462 $315,100 $83,000 $232,100
2017 $7,165 $315,100 $83,000 $232,100
2016 $4,763 $81,200 $23,400 $57,800
2015 $4,650 $81,200 $23,400 $57,800
2014 $4,567 $81,200 $23,400 $57,800
Source: Public Records

Agents Affiliated with this Home

  • Ivan Gutierrez

    Seller's Agent in 2023

    Ivan Gutierrez

    BORAIE REALTY, LLC

    (732) 310-3642

    16 in this area

    78 Total Sales

    Ivan Gutierrez
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Map

Source: All Jersey MLS

MLS Number: 2306527R

All Jersey MLS

APN: 13-00169-0000-00021

New Jersey Middlesex County New Brunswick 08901

216 Suydam St, New Brunswick, NJ

This home is located at 216 Suydam St, New Brunswick, NJ 08901 since 06 December 2022 and is currently estimated at $540,433, approximately $459 per square foot. This property was built in 1920. 216 Suydam St is a home located in Middlesex County with nearby schools including New Brunswick High School, Central Jersey College Prep Charter School, and St. Mary of Mount Virgin School.

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