NOT LISTED FOR SALE

245 E Cherry St Carteret, NJ 07008

Estimated Value: $636,000 - $700,000

-- Bed
-- Bath
2,288 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $361,000 $158 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,297/month

224 Days on Market

About This Home

As of February 2021

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Last Agent to Sell the Property

Olivier Louis

RE/MAX FIRST REALTY II Listed on: 06/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,613

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Finished Basement

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,613

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 50x125
  • Ownership: Corporation
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric), Water Heater, Unit 1(Dryer,Range/Oven,Washer), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, None
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,Living Room,2+ Baths)
  • Living Area: 2288
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),A/C Wall Unit(s)
  • Heating: Baseboard Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6098

Tax Info

  • Tax Annual Amount: 8613
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Burgess Maria Francisco and Burgess Fransisco Maria
Bought by
Maisonet Jodiel and Rivera-Rosario Adianez
Current Estimated Value
$665,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,313
Outstanding Balance
$573,885
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$91,813

Purchase Details

Closed on
Sep 24, 2020
Sold by
Ayj Carteret Lakay Llc
Bought by
Fransisco Maria Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,650
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2019
Sold by
Mtglq Investors Lp
Bought by
Ayj Carteret Lakay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,300
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2018
Sold by
Meisner Sandra and Meisner Jeffrey
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 30, 1992
Bought by
Plotkin Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maisonet Jodiel $590,000 None Listed On Document
Maisonet Jodiel $590,000 None Listed On Document
Fransisco Maria Araceli $461,000 Trident Abstract
Ayj Carteret Lakay Llc $287,000 Novare National Setmnt Svc
Mtglq Investors Lp -- None Available
Plotkin Sandra $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maisonet Jodiel $579,313
Closed Maisonet Jodiel $579,313
Previous Owner Fransisco Maria Araceli $452,650
Previous Owner Ayj Carteret Lakay Llc $325,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $361,000 0.0% $158 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
06/08/2020 06/08/20 For Sale $361,000 -- $158 / 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 $9,669 $590,800 $314,000 $276,800
2024 $9,421 $303,300 $131,300 $172,000
2023 $9,421 $303,300 $131,300 $172,000
2022 $9,160 $303,300 $131,300 $172,000
2021 $9,060 $303,300 $131,300 $172,000
2020 $8,723 $303,300 $131,300 $172,000
2019 $8,471 $303,300 $131,300 $172,000
2018 $8,271 $303,300 $131,300 $172,000
2017 $7,977 $303,300 $131,300 $172,000
2016 $9,197 $290,400 $101,300 $189,100
2015 $9,063 $290,400 $101,300 $189,100
2014 $8,668 $290,400 $101,300 $189,100
Source: Public Records

Agents Affiliated with this Home

  • Olivier Louis

    Seller's Agent in 2021

    Olivier Louis

    RE/MAX

    (732) 803-1335

    1 in this area

    65 Total Sales

    Olivier Louis
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Map

Source: All Jersey MLS

MLS Number: 2017737

All Jersey MLS

APN: 01-03603-0000-00003

New Jersey Middlesex County Carteret 07008

245 E Cherry St, Carteret, NJ

Not Listed for Sale

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