NOT LISTED FOR SALE

227 W Graisbury Ave Audubon, NJ 08106

Estimated Value: $326,000 - $506,000

-- Bed
-- Bath
2,510 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $280,000 $112 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,144/month

8 Days on Market

About This Home

As of September 2023

Amazing opportunity to own an investment property in a great neighborhood! Live in one, rent the other and your mortgage is covered! Or the property pays for itself with 2 long-term tenants happy to stay. Tenants in each unit are on month-to-month leases. 2nd/3rd floor unit has CA and recently updated. Each unit has its own laundry. 1st floor is 3 BR, 2 Bath. 2nd/3rd floor unit is 2 BR, 2 full bath. Nice sized yard. Could also be converted to SFH. Many possibilities with this property!

Last Listed By

Kate Master Siedell

Lisa Wolschina & Associates, Inc. License #998994 Listed on: 04/30/2023

Lisa Wolschina & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,824

Year Built

  • Built in 1900

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,510 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Audubon Jr-Sr Middle School
  • Audubon High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for real estate taxes, sewer
  • Tax Lot 00020
  • Assessor Parcel Number 01-00082-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,824

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2510
  • Living Area Sq Ft: 2510
  • Price Per Sq Ft: 123.51
  • Above Grade Finished Sq Ft: 2510
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • Middle School: AUDUBON JR-SR
  • High School: AUDUBON H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396982
  • School District Source: Listing Agent
  • High School: AUDUBON H.S.
  • Middle Or Junior School: AUDUBON JR-SR

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Year Assessed: 2022
  • Zoning: RESID

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Sewer
  • Rent Control: No
  • Total Actual Rent: 23100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 9824.00
  • Assessor Parcel Number: 01-00082-00020
  • Tax Lot: 00020
  • Tax Total Finished Sq Ft: 2510
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/22/2023

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2013
Sold by
Rutolo Merilee A and Hammill Merilee A
Bought by
Rutolo Gregory M and Rutolo Merilee A
Total Days on Market
8
Current Estimated Value
$415,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,300
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Kudia Keith E
Bought by
Hammill Merilee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.58%

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
Rutolo Gregory M -- Ventage Point Title
Hammill Merilee A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutolo Gregory M $130,000
Closed Rutolo Gregory M $125,300
Closed Hammill Merilee A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $280,000 -9.7% $112 / Sq Ft
04/30/2023 04/30/23 For Sale $310,000 -- $124 / Sq Ft
Source: Bright 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 $10,093 $258,600 $95,000 $163,600
2023 $10,093 $258,600 $95,000 $163,600
2022 $9,824 $258,600 $95,000 $163,600
2021 $9,416 $258,600 $95,000 $163,600
2020 $9,325 $258,600 $95,000 $163,600
2019 $9,201 $258,600 $95,000 $163,600
2018 $9,087 $258,600 $95,000 $163,600
2017 $8,898 $258,600 $95,000 $163,600
2016 $8,666 $258,600 $95,000 $163,600
2015 $8,384 $258,600 $95,000 $163,600
2014 $8,304 $258,600 $95,000 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2046392

Bright MLS

APN: 01-00082-0000-00020