NOT LISTED FOR SALE

25 Prosper St New Brunswick, NJ 08901

Estimated Value: $1,194,000 - $1,349,000

-- Bed
-- Bath
2,080 Sq Ft
$616/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $1,235,000 $594 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,501/month

21 Days on Market

Highlights

  • 0.14 Acre Lot
  • Utility Room
  • Hot Water Baseboard Heater
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of May 2024

This 3-Family sits on a 75' wide pass-through lot including a two-car detached garage, 13 parking spots, and curb cuts from both Prosper and Stone Street. The asset is 0.2 miles from the College Ave Rutgers Campus. Currently 100% leased to May 2024 for $10,290/month. Apt 1 is 5 bedrooms, 2 full baths at $5150 per month. Apt 2 is 3 bedrooms, 1 full bath at $3025 per month. Apt 3 is 2 bedrooms, 1 full bath at $1750 per month. Also, one parking spot leased at $95 per month and the two-car detached garage is leased at $270 per month.

Last Listed By

Umang Swali

KELLER WILLIAMS ELITE REALTORS Listed on: 01/19/2024

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,973

Year Built

  • Built in 1887

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 80.00 x 75.00
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Partially Finished Basement
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,973

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 80.00 x 75.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1887
  • 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), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
  • Has Basement: Partially Finished, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Kitchen,5+ Bedrooms,Living Room,2+ Baths), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,1 Bath)
  • Living Area: 2080
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot, Level
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard Hotwater, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, See Remarks, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5998
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 27973
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
May 13, 2024
Sold by
Ai Bruce
Bought by
Loh Hai-Kung and Loh Kai-Hsuan
Seller's Agent
Umang Swali
KELLER WILLIAMS ELITE REALTORS
List Price
$1,290,000
Sold Price
$1,235,000
Premium/Discount to List
-$55,000
-4.26%
Total Days on Market
21
Views
49
Current Estimated Value
$1,281,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,057
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Feb 8, 2021
Sold by
Njgl263236 Llc
Bought by
Ai Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2019
Sold by
Ai Bruce
Bought by
Njgl 263236 Llc

Purchase Details

Closed on
Sep 15, 2010
Sold by
Njgl22 L L C
Bought by
Ai Bruce

Purchase Details

Closed on
Jan 18, 2006
Sold by
Dev Dabas
Bought by
Bruce Ai and Grace Ai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.31%

Purchase Details

Closed on
Jan 8, 2003
Sold by
St 25 Prosper
Bought by
Dev Dabas and Dabas Sumedha

Purchase Details

Closed on
Oct 12, 2001
Sold by
Dev Dabas
Bought by
25 Prosper St Llc
Source: Public Records

Range of Values:

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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
Loh Hai-Kung $1,235,000 None Listed On Document
Ai Bruce -- None Available
Njgl 263236 Llc -- None Available
Ai Bruce -- None Available
Bruce Ai $705,000 --
Dev Dabas -- --
25 Prosper St Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ai Bruce $487,900
Previous Owner Ai Bruce $478,500
Previous Owner Bruce Ai $429,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $1,235,000 +2.4% $594 / Sq Ft
01/26/2024 01/26/24 Price Changed $1,206,504 -6.5% $580 / Sq Ft
01/19/2024 01/19/24 For Sale $1,290,000 -- $620 / 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 $27,973 $1,100,000 $322,000 $778,000
2023 $27,973 $1,100,000 $322,000 $778,000
2022 $27,379 $1,100,000 $322,000 $778,000
2021 $21,379 $1,157,800 $322,000 $835,800
2020 $28,598 $1,157,800 $322,000 $835,800
2019 $28,053 $1,157,800 $322,000 $835,800
2018 $27,417 $1,157,800 $322,000 $835,800
2017 $26,328 $1,157,800 $322,000 $835,800
2016 $18,847 $321,300 $59,800 $261,500
2015 $18,398 $321,300 $59,800 $261,500
2014 $18,070 $321,300 $59,800 $261,500
Source: Public Records

Agents Affiliated with this Home

  • Umang Swali

    Seller's Agent in 2024

    Umang Swali

    KELLER WILLIAMS ELITE REALTORS

    (908) 705-1547

    5 in this area

    7 Total Sales

    Umang Swali
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Map

Source: All Jersey MLS

MLS Number: 2407364R

All Jersey MLS

APN: 13-00072-0000-00002-01

New Jersey Middlesex County New Brunswick 08901

25 Prosper St, New Brunswick, NJ

This home is located at 25 Prosper St, New Brunswick, NJ 08901 since 19 January 2024 and is currently estimated at $1,281,057, approximately $615 per square foot. This property was built in 1887. 25 Prosper St is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

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