$725,000
SOLD SEP 18, 2024

248 Harrison Ave Lodi, NJ 07644

5 Beds
3 Baths
1,735 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$418 Per Sq Ft

17 Days on Market

Highlights

  • Cooling Available
  • 2 Car Garage
  • 4-minute walk to Malcolm Ave Playground
  • Baseboard Heating

About This Home

As of September 2024

Legal 2 Family Home nestled in the heart of Lodi with 3rd rentable unit. Great rental income of $5,900.00 makes this property perfect for an investor or even an owner occupant. Well maintained with 2 car detached garage and yard. Commuter's delight, conveniently close to highways, houses of worship, parks, restaurants, schools, and shopping. Being sold strictly as is.

Last Agent to Sell the Property

Renee Astacio

Town & Country Real Estate Consultants License #1329666 Listed on: 07/16/2024

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,183

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 37 x 100

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,735 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 31-00002-0000-00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,183

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1919
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 37 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.08
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Lot Info

  • Lot Dimensions: 37 x 100
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 31-00002-0000-00042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9183.0
  • Tax Other Annual Assessment Amount: 280300.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 10, 2024
Sold by
45 Taft Avenue Llc
Bought by
Shenouda Remoun
Seller's Agent
Renee Astacio
Town & Country Real Estate Consultants
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$725,000
Sold Price
$725,000
Views
64
Current Estimated Value
$708,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,284
Avg. Annual Appreciation
4.58%
Original Mortgage
$580,000
Outstanding Balance
$576,241
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$179,565

Purchase Details

Listed on
Feb 10, 2022
Closed on
Apr 21, 2022
Sold by
Livoti Alexander T and Livoti Claudia A
Bought by
45 Taft Avenue Llc
Seller's Agent
Roi Klipper
Corcoran Infinity Properties, Ridgewood
Buyer's Agent
Roi Klipper
Corcoran Infinity Properties, Ridgewood
List Price
$549,999
Sold Price
$600,000
Premium/Discount to List
$50,001
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$347,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Livoti Alexander and Livoti Claudia A
Bought by
Livoti Alexander T and Livoti Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,985
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Petrizzo Mildred
Bought by
Livoti Alexander and Rosales Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,491
Interest Rate
6.08%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $725,000 None Listed On Document
Bargain Sale Deed $595,000 Stewart Title
Interfamily Deed Transfer -- Titlemark Llc
Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $347,000 New Conventional
Previous Owner $332,985 New Conventional
Previous Owner $85,000 Future Advance Clause Open End Mortgage
Previous Owner $371,491 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $725,000 0.0% $418 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $725,000 +20.8% $418 / Sq Ft
05/23/2022 05/23/22 Sold $600,000 +9.1% $346 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $549,999 -- $317 / 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 $9,396 $280,300 $131,600 $148,700
2024 $9,183 $280,300 $131,600 $148,700
2023 $9,149 $280,300 $131,600 $148,700
2022 $9,149 $280,300 $131,600 $148,700
2021 $9,264 $280,300 $131,600 $148,700
2020 $9,208 $280,300 $131,600 $148,700
2019 $9,082 $280,300 $131,600 $148,700
2018 $9,099 $280,300 $131,600 $148,700
2017 $9,087 $280,300 $131,600 $148,700
2016 $9,087 $280,300 $131,600 $148,700
2015 $8,978 $280,300 $131,600 $148,700
2014 $8,950 $280,300 $131,600 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22420194

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00002-0000-00042