NOT LISTED FOR SALE

278 N 9th St Prospect Park, NJ 07508

Estimated Value: $660,360 - $724,000

2 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $478,000

Est. 47% increase in value since last sale

Current estimated payment $5,020/month

About This Home

As of April 2023

Renovated and Updated 2 bedroom, 1 bathroom apartment on the 3rd floor. New bathroom, new flooring and carpeting throughout. Unit is in move in condition. Tenant pays for; heat, hot water, cable, gas & electric. 2 off street parking spots. Garage is available to rent. Washer and dryer hook ups in basement. Repairs included with rent. $50 borough registration fee, $40 month water charge. Municipal building, school and bus stop all within 2 blocks.

Last Agent to Rent the Property

Charles Coviello

Coviello Realty Listed on: 06/30/2022

Last Renter's Agent

Charles Coviello

Coviello Realty Listed on: 06/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,423

Year Built

  • 1931

Lot Details

  • 5,009

Parking

  • 2 Open Parking Spaces

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Additional Features

  • Microwave
  • Gas Dryer Hookup
  • Laundry in Basement

Community Details

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,423

Year Built

1931

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: In Basement, Gas Dryer Hookup
  • View Type:Pond View: West
  • NAV29_Unit_1_Appliances: Microwave, Refrigerator
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (201) 796-4606
  • MLS Status: Leased - Leased
  • Directions: HALEDON AVE. TO NORTH NINTH
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1931

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 2.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Electric, Gas
  • Heating: Electric, Natural Gas, Radiant Floor, Steam

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Depompeo Michael
Bought by
278 North 9Th Street Llc
Current Estimated Value
$700,840

Purchase Details

Listed on
Mar 14, 2020
Closed on
Jun 3, 2020
Sold by
Mustafoski Kadrie and Mustafoski Safet
Bought by
Depompeo Michael A and Depompeo Mark A
Seller's Agent
Mefail Ljumanoski
EXP REALTY, LLC
Buyer's Agent
Charles Coviello
COVIELLO REALTY
List Price
$450,000
Sold Price
$478,000
Premium/Discount to List
$28,000
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Sep 20, 2011
Sold by
Demo Enver and Demo Sabrije
Bought by
Petrit Mehmedoski Petrit and Petrit Mehmodoski

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1997
Sold by
Kazan Youksal and Kazan Leza
Bought by
Demo Enver and Mustafoski Kadrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,236
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
278 North 9Th Street Llc -- None Available
Depompeo Michael A $478,000 Chicago Title Insurance Co
Petrit Mehmedoski Petrit -- --
Demo Enver $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrit Mehmedoski Petrit $180,000
Previous Owner Mehmedoski Petrit $50,000
Previous Owner Demo Enver $190,236
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Rented $1,800 0.0% --
01/17/2023 01/17/23 Price Changed $1,800 -2.7% --
08/23/2022 08/23/22 Price Changed $1,850 -2.6% --
06/30/2022 06/30/22 For Rent $1,900 0.0% --
06/05/2020 06/05/20 Sold $478,000 +6.2% --
05/01/2020 05/01/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $450,000 0.0% --
03/25/2020 03/25/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $450,000 -- --
Source: New 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 $14,423 $261,200 $62,000 $199,200
2022 $14,269 $261,200 $62,000 $199,200
2021 $14,107 $261,200 $62,000 $199,200
2020 $13,661 $261,200 $62,000 $199,200
2019 $13,520 $261,200 $62,000 $199,200
2018 $13,387 $261,200 $62,000 $199,200
2017 $13,198 $261,200 $62,000 $199,200
2016 $13,026 $261,200 $62,000 $199,200
2015 $12,318 $261,200 $62,000 $199,200
2014 $12,801 $193,900 $50,000 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22024303

New Jersey MLS

APN: 10-00038-0000-00007