NOT LISTED FOR SALE

228 Washington Ave Carteret, NJ 07008

Estimated Value: $1,116,000

-- Bed
-- Bath
-- Sq Ft
10,001 Sq Ft Lot

Last Sold March 10, 2021

Last sale price $615,000

Est. 81% increase in value since last sale

Current estimated payment $7,401/month

151 Days on Market

Highlights

  • 0.23 Acre Lot
  • Corner Lot
  • 1 Car Garage

About This Home

As of March 2021

Excellent Location!!Corner property. Sale includes 3 buildings ,Building #228 Barber shop and studio apt on the 1st floor,2 bedroom apt on 2nd flr.Building #230 2 family brick house, 2 two bedrooms apts, Building#232 is a Machine shop and a Garage in the back.

Last Agent to Sell the Property

Sukhwinder Kaur

J.J. ELEK REALTY CO. Listed on: 09/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,308

Year Built

  • Built in 1930

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Corner Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Gas Water Heater

Community Details

  • High School Subdivision

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel), unit 2 owner pays(electric fuel gas), unit 3 owner pays(electric fuel gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,308

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 100 x 100
  • Ownership: Fee Simple
  • Subdivision Name: High School
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1930
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel), Unit 2 Owner Pays(Electric,Fuel,Gas), Unit 3 Owner Pays(Electric,Fuel,Gas)
  • Has Basement: Full, Exterior Entry, Interior Entry
  • Interior Amenities: Unit 1(2 Bedrooms), Unit 2(2 Bedrooms), Unit 3(2 Bedrooms)
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Roof: See Remarks

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, See Remarks, 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10001
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 14308
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Mar 5, 2021
Sold by
Muzyka Lawrence and Estate Of John Muzyka
Bought by
228 Washington Ave Llc
Seller's Agent
Sukhwinder Kaur
J.J. ELEK REALTY CO.
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$1,116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,000
Avg. Annual Appreciation
13.61%
Original Mortgage
$400,000
Outstanding Balance
$362,789
Interest Rate
2.73%
Mortgage Type
Unknown
Estimated Equity
$722,211
Source: Public Records

Range of Values:

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Average Value
Not Available
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
228 Washington Ave Llc $615,000 River Edge Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 228 Washington Ave Llc $400,000
Closed 228 Washington Ave Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $615,000 0.0% --
02/08/2021 02/08/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $615,000 -- --
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 $17,731 $526,600 $111,000 $415,600
2023 $17,731 $526,600 $111,000 $415,600
2022 $16,878 $526,600 $111,000 $415,600
2021 $12,856 $526,600 $111,000 $415,600
2020 $16,061 $526,600 $111,000 $415,600
2019 $15,803 $526,600 $111,000 $415,600
2018 $15,203 $526,600 $111,000 $415,600
2017 $14,618 $526,600 $111,000 $415,600
2016 $14,308 $416,300 $101,000 $315,300
2015 $14,038 $416,300 $101,000 $315,300
2014 $13,417 $416,300 $101,000 $315,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2104900

All Jersey MLS

APN: 01-06202-0000-00010