NOT LISTED FOR SALE

312 Somerset St New Brunswick, NJ 08901

Estimated Value: $414,929 - $583,000

-- Bed
-- Bath
1,760 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $340,000 $193 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,346/month

66 Days on Market

Highlights

  • Property is near public transit
  • Interior Lot
  • Hot Water Baseboard Heater

About This Home

As of December 2021

Welcome home! Centrally located less than a mile to the New Brunswick train station, Rutgers University, Robert Wood Johnson Hospital, and St Peters Hospital. This newly updated multi-Family boast a 1 bedroom 1 full bath in each unit. The home features a red brick exterior, an unfinished basement and unfinished attic for ample storage space. The full unfinished basement offers laundry hook ups. The first and second floor boasts hardwood flooring and defined living room and dining room featuring ample natural light and freshly painted walls. The kitchen has just been updated on both units with new counters and cabinets. The property also features a backyard offering a peaceful sitting area or grilling location. Make your appointment today! Integro is subsidiary of the seller.The seller is in receipt of multiple offers and request highest and best offer due Wednesday 9/29/21 11:59 PM.

Last Agent to Sell the Property

Raul Cabrera

CAPC BROKER LLC Listed on: 09/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1909

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00
  • Interior Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Six Bls Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,219

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Ownership: Fee Simple
  • Subdivision Name: Six Bls
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1909
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • 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)
  • Has Basement: Full, Storage Space
  • Interior Amenities: Unit 1(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room)
  • Living Area: 1760
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Interior Lot, Near Public Transit

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 5219
  • Tax Year: 2020

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
Sep 22, 2021
Closed on
Nov 23, 2021
Sold by
Capc Asset Stabilization Fund 2 Llc
Bought by
Atahualpa Marlene S and Atahualpa Melenie S
Seller's Agent
Raul Cabrera
CAPC BROKER LLC
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$512,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,482
Avg. Annual Appreciation
9.29%
Original Mortgage
$272,000
Outstanding Balance
$252,752
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$217,455

Purchase Details

Closed on
Jun 26, 2020
Sold by
Goldensea Property Llc
Bought by
Capc Asset Stabilization Fund 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2019
Sold by
Mangle Alyssa Kucak and Estate Of Mary Kucak
Bought by
Goldensea Property 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
Atahualpa Marlene S $340,000 Foundation Title
Capc Asset Stabilization Fund 2 Llc $262,500 Old Republic Title
Goldensea Property Llc $270,000 Sheperd Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atahualpa Marlene S $272,000
Previous Owner Capc Asset Stabilization Fund 2 Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $340,000 0.0% $193 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $340,000 -- $193 / 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 $6,647 $261,400 $80,000 $181,400
2023 $6,647 $261,400 $80,000 $181,400
2022 $6,506 $261,400 $80,000 $181,400
2021 $5,238 $211,300 $80,000 $131,300
2020 $5,219 $211,300 $80,000 $131,300
2019 $5,120 $211,300 $80,000 $131,300
2018 $5,004 $211,300 $80,000 $131,300
2017 $4,805 $211,300 $80,000 $131,300
2016 $6,875 $117,200 $25,000 $92,200
2015 $6,711 $117,200 $25,000 $92,200
2014 $6,591 $117,200 $25,000 $92,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2204432R

All Jersey MLS

APN: 13-00099-0000-00015