NOT LISTED FOR SALE

261 Wall St Metuchen, NJ 08840

Estimated Value: $595,000 - $710,000

-- Bed
-- Bath
2,088 Sq Ft
$310/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $550,000 $263 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,439/month

44 Days on Market

Highlights

  • 0.3 Acre Lot
  • Property is near public transit
  • Cul-De-Sac
  • John F. Kennedy Memorial High School Rated A-
  • Private Yard
  • Air Conditioning

About This Home

As of November 2021

Sought after location two-family home with spacious yard located on a quiet residential cul-de-sac! Perfect for owner-occupant or investment property. First floor owner apartment has new flooring in living room & dining room and hardwood flooring in the 3 bedrooms. Second floor 2-bedroom apartment features new kitchen cabinets, new carpeting in bedrooms, freshly painted throughout with neutral colors, spacious eat-in kitchen, full bath and large living room with new flooring. Finished basement has full bath and kitchenette. Separate washer and dryer for each apartment in basement. Enjoy the spacious fenced in yard with a pool and patio. Oversized lot, plenty of room to add a garage. Storage shed for all your supplies. Excellent professional tenants in 2nd floor apartment. Separate meters for gas and electric. Close to Metro Park train station, Menlo Park Mall and major highways. Showings start Thursday September 16th.

Last Agent to Sell the Property

JUDITH COLLAN

KELLER WILLIAMS EAST MONMOUTH Listed on: 09/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,763

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 127.11 x 125.02
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Private Yard

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Utility Room

Partially Finished Basement

  • Kitchen in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 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(electric water gas), unit 2 owner pays(electric gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,763

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2965
  • Lot Size: 127.11 x 125.02
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1955
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(Electric,Water,Gas), Unit 2 Owner Pays(Electric,Gas)
  • Has Basement: Partially Finished, Bath Full, Utility Room, Kitchen, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2088
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Cul-De-Sac, Level
  • Exterior Features: Patio, Curbs, Sidewalk, Fencing/Wall, Storage Shed, Yard, Blinds
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 12916
  • Zoning: R-7.5

Tax Info

  • Tax Annual Amount: 9763
  • Tax Year: 2020

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
Sep 16, 2021
Closed on
Nov 8, 2021
Sold by
Rupino Robert A
Bought by
261 Wall St Llc
Seller's Agent
JUDITH COLLAN
KELLER WILLIAMS EAST MONMOUTH
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$646,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,527
Avg. Annual Appreciation
4.84%
Original Mortgage
$412,500
Outstanding Balance
$379,290
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,203

Purchase Details

Closed on
Jun 5, 1996
Sold by
Rupino Louis
Bought by
Rupino Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.28%
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
261 Wall St Llc $550,000 New Horizon Abstract Inc
Rupino Robert $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 261 Wall St Llc $412,500
Previous Owner Rupino Robert $100,000
Previous Owner Rupino Robert A $50,000
Previous Owner Rupino Robert $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $550,000 0.0% $263 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $550,000 -- $263 / 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
2025 $11,938 $99,100 $35,500 $63,600
2024 $11,675 $99,100 $35,500 $63,600
2023 $11,675 $99,100 $35,500 $63,600
2022 $10,155 $88,400 $35,500 $52,900
2021 $10,073 $88,400 $35,500 $52,900
2020 $9,763 $88,400 $35,500 $52,900
2019 $9,531 $88,400 $35,500 $52,900
2018 $9,341 $88,400 $35,500 $52,900
2017 $9,176 $88,400 $35,500 $52,900
2016 $9,111 $88,400 $35,500 $52,900
2015 $8,947 $88,400 $35,500 $52,900
2014 $8,751 $88,400 $35,500 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2203230R

All Jersey MLS

APN: 25-00363-02-00026