NOT LISTED FOR SALE

25 Armstrong St South Bound Brook, NJ 08880

Estimated Value: $497,000 - $638,000

5 Beds
2 Baths
-- Sq Ft
5,502 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $474,500

Est. 16% increase in value since last sale

Current estimated payment $3,775/month

327 Days on Market

Highlights

  • Property is near public transit
  • Air Conditioning
  • Utility Room
  • Private Yard
  • Accessibility Features
  • Fenced

About This Home

As of September 2023

Back on market Current tenants are on a Month-to-Month Lease. Not Reflecting Potentially Higher Market Rent.

Last Agent to Sell the Property

John Sica

KELLER WMS GREATER BRUNSWICK Listed on: 05/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,485

Year Built

  • Built in 1943

Lot Details

  • 5,502 Sq Ft Lot
  • Fenced
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Accessible Home Design

  • Accessibility Features

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Radiator
  • Gas 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

$9,485

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1263
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1943
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Laundry Facilities, Tenant Use, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room,See Remarks), Unit 2(2 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room,See Remarks)
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Exterior Features: Fencing/Wall, Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s),See Remarks, Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5502
  • Zoning: R-3

Rental Info

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

Tax Info

  • Tax Annual Amount: 9485
  • Tax Year: 2021

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

Listed on
May 8, 2023
Closed on
Sep 8, 2023
Sold by
Wye Valley Associates Llc
Bought by
Williams Marc and Blades Kellee
Seller's Agent
John Sica
KELLER WMS GREATER BRUNSWICK
List Price
$464,900
Sold Price
$474,500
Premium/Discount to List
$9,600
2.06%
Views
354
Current Estimated Value
$550,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,376
Avg. Annual Appreciation
6.99%
Original Mortgage
$532,499
Outstanding Balance
$520,884
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$29,992

Purchase Details

Closed on
Mar 19, 2013
Sold by
Lloyd Merlyn E and Wallack Merlyn
Bought by
Wye Valley Associates Llc
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
Williams Marc $474,500 None Listed On Document
Williams Marc $474,500 None Listed On Document
Wye Valley Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Marc $532,499
Closed Williams Marc $532,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $474,500 +4.3% --
10/29/2022 10/29/22 Price Changed $454,900 -2.2% --
10/15/2022 10/15/22 For Sale $464,900 -- --
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 $10,396 $272,000 $102,000 $170,000
2024 $10,396 $272,000 $102,000 $170,000
2023 $10,298 $272,000 $102,000 $170,000
2022 $9,623 $272,000 $102,000 $170,000
2021 $9,485 $272,000 $102,000 $170,000
2020 $9,022 $272,000 $102,000 $170,000
2019 $9,256 $272,000 $102,000 $170,000
2018 $9,204 $272,000 $102,000 $170,000
2017 $9,172 $272,000 $102,000 $170,000
2016 $8,965 $272,000 $102,000 $170,000
2015 $8,728 $272,000 $102,000 $170,000
2014 $8,519 $272,000 $102,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • John Sica

    Seller's Agent in 2023

    John Sica

    KELLER WMS GREATER BRUNSWICK

    (973) 884-4444

    3 in this area

    11 Total Sales

    John Sica
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Map

Source: All Jersey MLS

MLS Number: 2304316R

All Jersey MLS

APN: 19-00067-0000-00018

New Jersey Somerset County South Bound Brook 08880

25 Armstrong St, South Bound Brook, NJ

Not Listed for Sale

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