NOT LISTED FOR SALE

248 David St South Amboy, NJ 08879

Estimated Value: $540,000 - $634,848

5 Beds
4 Baths
2,021 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $455,000 $225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,949/month

11 Days on Market

Highlights

  • Deck
  • 5-minute walk to South Amboy
  • Fenced
  • 1 Car Detached Garage
  • Multiple cooling system units

About This Home

As of December 2020

Excellent investment opportunity, in the heart of South Amboy! The quintessential colonial, w/ a rocking-chair front porch, 248 David is a special property, on a quiet residential block. This well-kept MF had a just-completed renovation of kitchen, floors, & front porch. The upstairs unit features a renovated 3 BR, 1.5 BA apartment w/ central air & insulated glass windows. The downstairs unit is ''Light and Bright,'' w/ 2 BRs, 1.5 BAs, & a brand-new kitchen. The property also features a detached garage.Upstairs unit is currently tenant-occupied, for $1,800 a month, through 2/21. Potential rental income of about $3,500. 30 Miles to NYC, a few blocks to South Amboy Train Station...easy access to GSP, NJ Turnpike, Routes 9, 35, 287. Great house & chance for consistent income!

Last Agent to Sell the Property

Christopher Teevan

NextHome Force Realty Partners Listed on: 11/10/2020

NextHome Force Realty Partners

Last Buyer's Agent

Lisa English

O'Brien Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,028

Year Built

  • Built in 1914

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,021 Sq Ft Home
  • 2-Story Property
  • Window Screens

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck

Schools

  • South Amboy Elementary And Middle School
  • South Amboy High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: One set of washer / dryer (located in basement) will be excluded.
  • Assessor Parcel Number 20-00046-0000-00033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,028

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1914
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: South Amboy
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: One set of washer / dryer (located in basement) will be excluded.
  • Exterior Features: Deck, Fence, Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: South Amboy

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 20-00046-0000-00033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9028.0
  • Tax Other Annual Assessment Amount: 325700.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: South Amboy
  • High School: South Amboy High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 21, 2020
Sold by
Purcell Keith R and Purcell Margaret S
Bought by
Dalterio Marcela and Dalterio Alessandro
Seller's Agent
Christopher Teevan
NextHome Force Realty Partners
Buyer's Agent
Lisa English
O'Brien Realty, LLC
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$578,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,462
Avg. Annual Appreciation
5.13%
Original Mortgage
$341,250
Outstanding Balance
$303,651
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$274,811

Purchase Details

Closed on
Mar 6, 2008
Sold by
Mullane Patick J
Bought by
Purcell Keith R and Purcell Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dalterio Marcela $455,000 All Ahead Title Agency
Purcell Keith R $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalterio Marcela $341,250
Previous Owner Purcell Keith R $268,000
Previous Owner Purcell Keith R $33,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $455,000 +7.1% $225 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $425,000 -- $210 / Sq Ft
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 $10,452 $325,700 $125,000 $200,700
2024 $10,058 $325,700 $125,000 $200,700
2023 $10,058 $325,700 $125,000 $200,700
2022 $9,556 $325,700 $125,000 $200,700
2021 $9,396 $325,700 $125,000 $200,700
2020 $9,175 $325,700 $125,000 $200,700
2019 $9,028 $325,700 $125,000 $200,700
2018 $8,953 $325,700 $125,000 $200,700
2017 $8,810 $325,700 $125,000 $200,700
2016 $8,589 $325,700 $125,000 $200,700
2015 $8,651 $325,700 $125,000 $200,700
2014 $8,354 $325,700 $125,000 $200,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22040119

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00046-0000-00033