NOT LISTED FOR SALE

236 S Morris St Unit 238 Dover, NJ 07801

Estimated Value: $467,015 - $579,000

7 Beds
3 Baths
2,706 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $297,000 $110 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,687/month

36 Days on Market

Highlights

  • Property is near a park
  • Baseboard Heating
  • Rectangular Lot
  • Dutch Architecture

About This Home

As of April 2017

INVESTOR OPPORTUNITY WITH INCREDIBLE VALUE, FULLY RENTED LEGAL 3 FAMILY WITH LONG TERM TENANTS PAYING ALL THE UTILITIES + WATER. SPACIOUS ROOMS SIZES, LARGE LEVEL REAR YARD, DRIVEWAY AND PLENTY OF STREET PARKING IN WALKING DISTANCE FROM TO THE TRAIN STATION. EXCELLENT INCOME PRODUCING PROPERTY THAT COULD USE SOME TLC. SOLD AS-IS CONDITIONS, HOWEVER THE HOUSE IS CURRENT ON BOTH THE STATE AND TOWN INSPECTIONS. BUY THIS HOME AND BEGIN COLLECTION $$$ FROM DAY ONE!!!

Last Listed By

Francesco Moracci

Zeal, Realtors Listed on: 10/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,371

Year Built

  • 1910

Lot Details

  • 3,990 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Dutch Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 140902103 00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,371

Year Built

1910

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 16
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Dutch, Partial, Unfinished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: O/See Remk

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks, Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: MORRIS
  • Lot: 00002
  • Estimated Lot Sq Ft: 3990
  • Lot Description: Regular

Tax Info

  • Tax: 6371
  • Assessor Parcel Number: 140902103 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Apr 28, 2017
Sold by
Pennella Lara Gustavo and Pennella De Lara Pamella
Bought by
Yeung Zhou J
Seller's Agent
Francesco Moracci
Zeal, Realtors
Buyer's Agent
Outside Agent
Outside Office
List Price
$325,000
Sold Price
$297,000
Premium/Discount to List
-$28,000
-8.62%
Total Days on Market
36
Current Estimated Value
$534,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,254
Avg. Annual Appreciation
7.58%
Original Mortgage
$223,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2014
Sold by
Zidan Yasmeen and Zidan Ahmed
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 12, 2002
Sold by
Murphy Michael
Bought by
Delara Gustovao and Delara Pal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,750
Interest Rate
6.61%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Peruzzi Joseph J and Peruzzi Jean Marie
Bought by
Murphy Michael B and Murphy Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
7.73%
Mortgage Type
Stand Alone First

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
Yeung Zhou J $298,000 None Available
Us Bank Na $327,331 None Available
Delara Gustovao $293,000 --
Murphy Michael B $179,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeung Zhou J $220,000
Closed Yeung Zhou J $223,500
Previous Owner Delara Gustavo $130,200
Previous Owner Delara Gustovao $219,750
Previous Owner Murphy Michael B $161,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $297,000 -8.6% $110 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $325,000 -- $120 / Sq Ft
Source: New 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 $8,701 $275,600 $71,900 $203,700
2023 $8,701 $275,600 $71,900 $203,700
2022 $8,001 $275,600 $71,900 $203,700
2021 $8,001 $275,600 $71,900 $203,700
2020 $7,841 $275,600 $71,900 $203,700
2019 $7,516 $275,600 $71,900 $203,700
2018 $7,102 $275,600 $71,900 $203,700
2017 $6,780 $275,600 $71,900 $203,700
2016 $6,620 $275,600 $71,900 $203,700
2015 $6,371 $310,000 $117,300 $192,700
2014 $6,305 $310,000 $117,300 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1641440

New Jersey MLS

APN: 09-02103-0000-00002