NOT LISTED FOR SALE

232 Gordon St South Amboy, NJ 08879

Estimated Value: $526,000 - $669,000

2 Beds
1 Bath
1,972 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $305,000 $155 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,830/month

47 Days on Market

About This Home

As of September 2015

2 family home built in 1979. Tenants mo to mo, but owner will provide leases if buyer prefers. Landlord presently pays water/sewer,taxes and insurance. Tenants presently maintain grass and snow removal. Separate electric and gas meters. First floor unit has use of finished basement. Each unit has access to laundry hook ups in basement. Income $1635 and $1495. Expenses water/sewer $800,Taxes $7780, Insurance $1491. Great investment property.

Last Agent to Sell the Property

Marie Ferraro

Berkshire Hathaway HomeServices Listed on: 04/11/2015

Last Buyer's Agent

Deborah Mikkelson

Coldwell Banker Realty License #8939855

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,780

Year Built

  • Built in 1979

Lot Details

  • 5,009

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50 x 100
  • Partially Finished Basement

Listing and Financial Details

  • Tenant pays for yard maintenance, snow removal, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 20-00029-0000-00032-01

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,491
  • Water Sewer Expense $800
  • Gross Income $37,560
  • Net Operating Income $27,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,780

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1979
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 4.0
  • Income Expenses Insurance Expense: 1491.0
  • Income Expenses WaterSewer Expense: 800.0
  • Income Expenses Gross Income2: 37560.0
  • Income Expenses Net Income: 27489.0
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Other, Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Partially Finished: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 800.0

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 20-00029-0000-00032-01

Rental Info

  • Tenant Pays: Yard Maintenance, Snow Removal, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7780.0
  • Tax Other Annual Assessment Amount: 303300.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37560.0
  • Insurance Expense: 1491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2015
Closed on
Sep 1, 2015
Sold by
232 Gordon Street Llc
Bought by
Portilla Alfred
Seller's Agent
Marie Ferraro
Berkshire Hathaway HomeServices
Buyer's Agent
Deborah Mikkelson
Coldwell Banker Realty
Sold Price
$305,000
Current Estimated Value
$575,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,666
Avg. Annual Appreciation
6.45%
Original Mortgage
$228,750
Outstanding Balance
$179,852
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$395,814

Purchase Details

Closed on
Apr 5, 1998
Sold by
Britt Steven
Bought by
Buckley Michael and Ockenhouse Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Portilla Alfred $305,000 Chicago Title Insurance Comp
Buckley Michael $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portilla Alfred $228,750
Previous Owner Buckley Michael $128,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $305,000 -- $155 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,733 $303,300 $135,000 $168,300
2024 $9,366 $303,300 $135,000 $168,300
2023 $9,366 $303,300 $135,000 $168,300
2022 $8,899 $303,300 $135,000 $168,300
2021 $8,750 $303,300 $135,000 $168,300
2020 $8,544 $303,300 $135,000 $168,300
2019 $8,407 $303,300 $135,000 $168,300
2018 $8,338 $303,300 $135,000 $168,300
2017 $8,204 $303,300 $135,000 $168,300
2016 $7,998 $303,300 $135,000 $168,300
2015 $8,056 $303,300 $135,000 $168,300
2014 $7,780 $303,300 $135,000 $168,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marie Ferraro

    Berkshire Hathaway HomeServices

  • D

    Buyer's Agent in 2015

    Deborah Mikkelson

    Coldwell Banker Realty

    (908) 770-8810

    9 Total Sales

    Deborah Mikkelson
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21513221

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00029-0000-00032-01

New Jersey Middlesex County South Amboy 08879

232 Gordon St, South Amboy, NJ

This home is located at 232 Gordon St, South Amboy, NJ 08879 since 11 April 2015 and is currently estimated at $575,666, approximately $291 per square foot. This property was built in 1979. 232 Gordon St is a home located in Middlesex County with nearby schools including South Amboy Elementary School, South Amboy Middle/High School, and St. Mary Elementary 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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