NOT LISTED FOR SALE

229 State Route 12 Flemington, NJ 08822

Estimated Value: $555,000 - $784,000

-- Bed
-- Bath
2,537 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $395,000 $156 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,340/month

620 Days on Market

Highlights

  • 3.25 Acre Lot
  • Deck
  • Private Yard
  • Hunterdon Central Regional High School District Rated A
  • Wooded Lot
  • 2 Car Detached Garage

About This Home

As of July 2021

Impressive Multi-Family Home in mint condition! A great opportunity you cannot look past. 3 units with great features, over 2500 SF of living space, exterior updates galore, you will not be disappointed! Nestled on over 2.5 acres of plush greenery and matured trees boasting picture landscapes offering peace and serenity! Ground flr unit offers neutral tones all through. LR and 1 BR with plush carpet, HW flrs in the kitchen and sleek tiling in the full bath. 2nd unit features a huge LR sun-soaked with natural light & a brick F/P. Spacious FDR, each boasting HW frs just waiting for a re-finished sparkle! EIK has lots of cabinet storage and access to the covered porch featuring a brand new roof. 2 spacious BRs and 1 full bath complete the unit. Top flr is identical to the 2nd offering a spacious layout with plenty of room for comfort! New Trex deck here overlooks the scenic property. Substantial Parking available + 2 car detached garage. Brand new reset brick walkway to each private entry. Brand new Roof w/lightning rods. New outdoor railings. HWH's only 7&9yrs old. You cant beat this! Generate maximum income from all 3 units! A must see!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 09/20/2019

RE/MAX 1st ADVANTAGE

Co-Listed By

Nick Homcy

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,778

Year Built

  • Built in 1963

Lot Details

  • 3.25 Acre Lot
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,537 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,778

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 3.25
  • Lot Size: 0.00 x 0.00
  • Co List Office Mls Id: RFIR01
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1963
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric), Water Heater, Unit 1(Refrigerator,Range/Oven), Unit 2(Refrigerator,Range/Oven), Unit 3(Refrigerator,Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Full, Laundry Facilities, Tenant Use
  • Interior Amenities: Unit 1(1 Bedroom,1 Bath,Living Room), Unit 2(2 Bedrooms,1 Bath,Dining Room,Kitchen,Living Room), Unit 3(2 Bedrooms,1 Bath,Dining Room,Kitchen,Living Room)
  • Living Area: 2537
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Exterior Features: Deck, Patio, Yard
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking, See Remarks

Utilities

  • Cooling: A/C Wall Unit(s)
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 141570
  • Zoning: R-1

Tax Info

  • Tax Annual Amount: 9778
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jun 10, 2021
Sold by
Hunter Francis
Bought by
Cotayo Jonathan A
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$639,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,543
Avg. Annual Appreciation
11.26%
Original Mortgage
$381,816
Outstanding Balance
$346,439
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$275,121

Purchase Details

Closed on
Apr 26, 2019
Sold by
Hunter Hunter Jr Francis Jr Francis and Hunter Wilhelmina A
Bought by
Hunter Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,790,000
Interest Rate
4.2%
Mortgage Type
Small Business Administration
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cotayo Jonathan A $395,000 Advanced Ttl & Abstract Llc
Hunter Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotayo Jonathan A $381,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $395,000 0.0% $156 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
09/20/2019 09/20/19 For Sale $395,000 -- $156 / 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 $11,385 $393,000 $171,300 $221,700
2024 $10,705 $393,000 $171,300 $221,700
2023 $10,705 $393,000 $171,300 $221,700
2022 $10,434 $393,000 $171,300 $221,700
2021 $9,900 $393,000 $171,300 $221,700
2020 $10,104 $393,000 $171,300 $221,700
2019 $9,900 $393,000 $171,300 $221,700
2018 $9,778 $393,000 $171,300 $221,700
2017 $9,629 $393,000 $171,300 $221,700
2016 $9,456 $393,000 $171,300 $221,700
2015 $9,216 $393,000 $171,300 $221,700
2014 $9,094 $393,000 $171,300 $221,700
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2021

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    16 in this area

    2,816 Total Sales

    Robert Dekanski
    Section Image
  • Nick Homcy

    Seller Co-Listing Agent in 2021

    Nick Homcy

    RE/MAX

    (732) 382-0200

    5 in this area

    364 Total Sales

    Nick Homcy
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2004426

All Jersey MLS

APN: 21-00044-0000-00044

New Jersey Hunterdon County Flemington 08822

229 State Route 12, Flemington, NJ

This home is located at 229 State Route 12, Flemington, NJ 08822 since 20 September 2019 and is currently estimated at $639,543, approximately $252 per square foot. This property was built in 1963. 229 State Route 12 is a home located in Hunterdon County with nearby schools including Robert Hunter Elementary School, Reading Fleming Intermediate School, and J.P. Case Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes