NOT LISTED FOR SALE

24 Cedar St Unit 26 New Egypt, NJ 08533

Estimated Value: $376,000 - $493,000

4 Beds
2 Baths
-- Sq Ft
0.46 Acres

Last Sold May 31, 2019

Last sale price $305,000

Est. 49% increase in value since last sale

Current estimated payment $2,850/month

119 Days on Market

Highlights

  • Level Lot
  • Heating Available
  • 1-Story Property
  • Wood Siding

About This Home

As of May 2019

Two duplexes on one property. 2 - 2 bedrooms and 2- 1 bedrooms. Tenants pay electric and propane for stoves. The rents are $780, $795, $760, and $727. Plenty of off street parking. PLEASE DO NOT GO ONTO PROPERTY OR DISTURB TENANTS. Can be sold as possible package of 26 units in New Egypt. See MLS numbers: 21846616, 21846617, 21846619, 21846620, 21846621.

Last Agent to Sell the Property

Gregory Alino

Bay Front Realty Listed on: 12/10/2018

Last Buyer's Agent

Josephine Wilson

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,296

Lot Details

  • Lot Dimensions are 100 x 200
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • New Egypt Middle School
  • New Egypt High School

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL POSSESSIONS
  • Assessor Parcel Number 24-00006-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,296

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • General Property Info Lot Dimensions: 100 x 200
  • Location Middle School: New Egypt
  • WaterSewer Well: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront: No
  • Exclusions: TENANTS PERSONAL POSSESSIONS

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Septic Tank
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: New Egypt

Lot Info

  • Lot Dimensions: 100 x 200
  • Parcel #: 24-00006-0000-00001

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4296.0
  • Tax Other Annual Assessment Amount: 168000.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • High School: New Egypt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Cherry Steven
Bought by
Goos Robert
Current Estimated Value
$453,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Outstanding Balance
$414,653
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$38,827

Purchase Details

Listed on
Dec 10, 2018
Closed on
May 30, 2019
Sold by
24 Cedar Street Llc
Bought by
Cherry Steven
Seller's Agent
Gregory Alino
Bay Front Realty
Buyer's Agent
Josephine Wilson
Keller Williams Realty West Monmouth
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$228,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2006
Sold by
John Gale Trustee Land Trust #2426
Bought by
24 Cedar Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Goos Robert $465,000 Sunnyside Title
Goos Robert $465,000 Sunnyside Title
Goos Robert $465,000 Sunnyside Title
Cherry Steven $305,000 None Available
24 Cedar Street Llc $315,000 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goos Robert $418,500
Closed Goos Robert $418,500
Previous Owner Cherry Steven $228,750
Previous Owner 24 Cedar Street Llc $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $305,000 -- --
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 $5,226 $168,000 $85,000 $83,000
2024 $4,877 $168,000 $85,000 $83,000
2023 $4,654 $168,000 $85,000 $83,000
2022 $4,654 $168,000 $85,000 $83,000
2021 $3,394 $168,000 $85,000 $83,000
2020 $4,386 $168,000 $85,000 $83,000
2019 $4,296 $168,000 $85,000 $83,000
2018 $4,371 $168,000 $85,000 $83,000
2017 $4,296 $168,000 $85,000 $83,000
2016 $4,234 $168,000 $85,000 $83,000
2015 $4,114 $168,000 $85,000 $83,000
2014 $4,019 $168,000 $85,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21846619

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00006-0000-00001