NOT LISTED FOR SALE

2401 Park Ave South Plainfield, NJ 07080

Estimated Value: $665,000 - $753,000

-- Bed
-- Bath
-- Sq Ft
0.55 Acres

Last Sold September 09, 2021

Last sale price $450,000

Est. 56% increase in value since last sale

Current estimated payment $4,752/month

105 Days on Market

Highlights

  • 0.55 Acre Lot
  • 3 Car Detached Garage
  • Level Lot
  • South Plainfield High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2021

Rare find-3 family on a fabulous large property. First floor-1 bdr,LR,Den,Kit,1.5 baths;2nd floor-two apartments both-1 bdrm. Walk up attic and full basement too! 4 electric meters,3 furnaces-one gas meter. Property also has a detached 3 car garage/with walk up loft and an additional seperate building/garage,which was large enough to store a boat or multiple vehicles. Great income potential, home needs work and is being sold strictly AS IS buyer to assume all municipal certificates. Unit 1 and 2 are tenant occupied. No FHA or VA .Multiple offers-Highest and Best due Wed 5/05 3pm.

Last Agent to Sell the Property

Andrea Lacerda

BHHS FOX & ROACH REALTORS Listed on: 04/27/2021

BHHS FOX & ROACH REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,312

Year Built

  • Built in 1933

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 350.00 x 69.00
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,312

Year Built

Built in 1933

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5544
  • Lot Size: 350.00 x 69.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1933
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water,Gas), Unit 2 Owner Pays(Water,Gas), Unit 3 Owner Pays(Water,Gas)
  • Has Basement: Full, Storage Space
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,Living Room,1 1/2 Baths,Den/Family Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Detached, See Remarks, 4(+)Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks,A/C Window Unit(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 24150
  • Zoning: R10

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 10312
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Sep 9, 2021
Sold by
Bennett Beverly
Bought by
Canelo Tanya and Canelo Nuno Alexandre
Seller's Agent
Andrea Lacerda
BHHS FOX & ROACH REALTORS
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$704,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,004
Avg. Annual Appreciation
11.84%
Original Mortgage
$337,500
Outstanding Balance
$307,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,235
Source: Public Records

Range of Values:

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Average Value
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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
Canelo Tanya $450,000 Ats Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canelo Tanya $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $450,000 0.0% --
08/10/2021 08/10/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $450,000 -- --
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
2025 $11,346 $162,500 $39,600 $122,900
2024 $10,852 $162,500 $39,600 $122,900
2023 $10,852 $162,500 $39,600 $122,900
2022 $10,717 $162,500 $39,600 $122,900
2021 $10,465 $162,500 $39,600 $122,900
2020 $10,312 $162,500 $39,600 $122,900
2019 $9,895 $162,500 $39,600 $122,900
2018 $9,640 $162,500 $39,600 $122,900
2017 $9,516 $162,500 $39,600 $122,900
2016 $9,420 $162,500 $39,600 $122,900
2015 $9,258 $162,500 $39,600 $122,900
2014 $8,991 $162,500 $39,600 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2115884R

All Jersey MLS

APN: 22-00078-0000-00006