NOT LISTED FOR SALE

308 Harrison Ave Harrison, NJ 07029

Estimated Value: $935,780

Studio
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold October 19, 2022

Last sale price $998,000

Est. 6% decrease in value since last sale

Current estimated payment $5,926/month

64 Days on Market

About This Home

As of October 2022

The mixed-used building with the laundromat business for sale just listed today! This building locates at the central downtown in Harrison. It is very close to NJIT and Rutgers university in the area which has very high rental demand. The Laundromat business has over $33,000 gross revenue per month, very very very high return! We are now list this business plus the residential rental units together for sale! It is a must see!

Last Agent to Sell the Property

Weijia Luo

Realmart Realty, LLC Listed on: 04/03/2022

Last Buyer's Agent

Zuoxin Chen

Hudson One Realty LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,326

Lot Details

  • 2,483

Property Details

Property Type

Other

Est. Annual Taxes

$12,326

Lot Details

2,483 Sq Ft Lot

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (732) 727-2285
  • MLS Status: Sold - Sold
  • Directions: please follow GPS
  • Year Built Details: 1990's
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: See Remarks

Lot Info

  • Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
Oct 7, 2022
Sold by
Harrison Prince Llc
Bought by
Ling & Wang Llc
Seller's Agent
Weijia Luo
Realmart Realty, LLC
Buyer's Agent
Zuoxin Chen
Hudson One Realty LLC
List Price
$1,380,000
Sold Price
$998,000
Premium/Discount to List
-$382,000
-27.68%
Current Estimated Value
$935,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,220
Avg. Annual Appreciation
-1.87%
Original Mortgage
$613,500
Outstanding Balance
$590,285
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$345,495

Purchase Details

Closed on
Mar 21, 2017
Sold by
Lin Lewis Ruishu and Lin Wendy Wenyu
Bought by
Harrison Prince Llc

Purchase Details

Closed on
Sep 30, 2008
Sold by
Huang Cheng Fu Etals and Huang ,
Bought by
Lin Shu Rui and Lin Wen Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.75%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Ling & Wang Llc $818,000 --
Ling & Wang Llc $818,000 None Listed On Document
Harrison Prince Llc -- Title Consulting Svcs Llc
Lin Shu Rui $688,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling & Wang Llc $613,500
Closed Ling & Wang Llc $613,500
Previous Owner Lin Shu Rui $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $998,000 -27.7% --
06/06/2022 06/06/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $1,380,000 -- --
Source: New Jersey MLS

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 $12,682 $541,600 $200,000 $341,600
2024 $12,428 $540,600 $200,000 $340,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22011113

New Jersey MLS

APN: 04-00018-0000-00009

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