NOT LISTED FOR SALE

246 Sherman St Perth Amboy, NJ 08861

Southwestern Perth Amboy Neighborhood

Estimated Value: $510,000 - $552,000

-- Bed
-- Bath
1,710 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $485,000 $284 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,624/month

6 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • Utility Room
  • 2 Car Detached Garage

About This Home

As of April 2024

Welcome to this charming 2-family home in Perth Amboy, offering comfortable living and convenience. Each apartment features 2 bedrooms, 1 bath, a spacious living room, and a well-appointed eat-in kitchen, providing a cozy and functional living space. The house boasts a recently installed new boiler, ensuring efficient heating. Adding to its appeal is a convenient 2-car detached garage, providing secure parking and additional storage space. Situated in a prime location, this home is strategically close to major highways, facilitating easy commuting. Enjoy proximity to shopping centers and various transportation options, making daily life more convenient. Whether you're looking for a cozy residence or a savvy investment property, this 2-family home in Perth Amboy is sure to capture your interest.

Last Agent to Sell the Property

Julio Cesar Valdez

UNITED R.E. OF NORTH JERSEY Listed on: 02/13/2024

UNITED R.E. OF NORTH JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,349

Year Built

  • Built in 1901

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.06

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Partially Finished Basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Hot Water Heating System
  • Gas Water Heater

Community Details

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,349

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 0.06
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1901
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Partially Finished, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1710
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(No Lease),Unit 2(No Lease)

Tax Info

  • Tax Annual Amount: 8349
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 2, 2024
Sold by
Robles-Cepeda Pedro Y and Robles Rebecca
Bought by
Martinez Ramon E and Martinez Ana M
Seller's Agent
Julio Cesar Valdez
UNITED R.E. OF NORTH JERSEY
List Price
$485,000
Sold Price
$485,000
Views
54
Current Estimated Value
$527,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,051
Avg. Annual Appreciation
6.66%
Original Mortgage
$476,215
Outstanding Balance
$471,284
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$55,767

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 5, 2021
Sold by
Jensen Dana
Bought by
Robles Rebecca and Cepeda Pedro Y
Seller's Agent
Christopher Ryan
COLDWELL BANKER REALTY
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Hernandez Juan
Bought by
Jensen Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
6.33%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Lamourt Doris
Bought by
Hernandez Juan and Hernandez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
9.23%
Mortgage Type
FHA
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
Martinez Ramon E $485,000 Stewart Title
Robles Rebecca $345,000 Vintage Title Services Llc
Jensen Dana $254,900 --
Hernandez Juan $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ramon E $476,215
Previous Owner Jensen Dana $203,920
Previous Owner Hernandez Juan $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $485,000 0.0% $284 / Sq Ft
02/13/2024 02/13/24 For Sale $485,000 +40.6% $284 / Sq Ft
02/05/2021 02/05/21 Sold $345,000 0.0% $202 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $345,000 -- $202 / 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
2024 $8,455 $280,800 $86,400 $194,400
2023 $8,455 $280,800 $86,400 $194,400
2022 $8,354 $280,800 $86,400 $194,400
2021 $6,920 $232,300 $86,400 $145,900
2020 $6,918 $232,300 $86,400 $145,900
2019 $6,943 $232,300 $86,400 $145,900
2018 $6,883 $232,300 $86,400 $145,900
2017 $6,869 $232,300 $86,400 $145,900
2016 $6,690 $232,300 $86,400 $145,900
2015 $6,737 $232,300 $86,400 $145,900
2014 $6,779 $232,300 $86,400 $145,900
Source: Public Records

Agents Affiliated with this Home

  • Julio Cesar Valdez

    Seller's Agent in 2024

    Julio Cesar Valdez

    UNITED R.E. OF NORTH JERSEY

    (732) 925-5215

    5 in this area

    40 Total Sales

    Julio Cesar Valdez
    Section Image
  • Christopher Ryan

    Seller's Agent in 2021

    Christopher Ryan

    COLDWELL BANKER REALTY

    (732) 432-6323

    1 in this area

    397 Total Sales

    Christopher Ryan
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dana Jensen

    COLDWELL BANKER REALTY

    (732) 371-0712

    1 in this area

    24 Total Sales

    Dana Jensen
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2408122R

All Jersey MLS

APN: 16-00079-0000-00001-02

New Jersey Middlesex County Perth Amboy 08861 Southwestern Perth Amboy

246 Sherman St, Perth Amboy, NJ

This home is located at 246 Sherman St, Perth Amboy, NJ 08861 since 13 February 2024 and is currently estimated at $527,051, approximately $308 per square foot. This property was built in 1901. 246 Sherman St is a home located in Middlesex County with nearby schools including Perth Amboy High School, Academy for Urban Leadership Charter School, and Perth Amboy Catholic Primary School.

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