NOT LISTED FOR SALE

324 Somerset St New Brunswick, NJ 08901

Estimated Value: $378,390 - $482,000

-- Bed
-- Bath
1,548 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $317,000 $205 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,814/month

29 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Radiator
  • Private Yard

About This Home

As of February 2021

Large 2 family, rented on a month to month,lease, so the new owner's may decide. Long term tenants. The basement has a full living room, full bath, and seperate laundry hookups. Close to all major trnasportation. Great opportunity.

Last Agent to Sell the Property

Anthony Jones

RE/MAX FIRST REALTY, INC. Listed on: 12/08/2020

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 1930

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property

Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • 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(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,163

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0551
  • Lot Size: 40x100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • 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)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Finished, Bath Full, Recreation Room, Tenant Use, Laundry Facilities
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(2 Bedrooms,Kitchen,1 Bath)
  • Living Area: 1548
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Curbs, Porch(es) - Open, Sidewalk, Yard
  • Patio And Porch Features: Porch(es) - Open
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Steam
  • 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: 2400
  • Zoning: R-5A

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 5163
  • Tax Year: 2019

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
Dec 8, 2020
Closed on
Mar 1, 2021
Sold by
Berardinelli Anthony and Dicampeli Dominick
Bought by
Jin701 Property Holding Llc
Seller's Agent
Anthony Jones
RE/MAX FIRST REALTY, INC.
List Price
$317,000
Sold Price
$317,000
Current Estimated Value
$441,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,348
Avg. Annual Appreciation
7.34%
Original Mortgage
$232,500
Outstanding Balance
$209,361
Interest Rate
2.97%
Estimated Equity
$231,987
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
Jin701 Property Holding Llc $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin701 Property Holding Llc $232,500
Closed Jin701 Property Holding Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Off Market $317,000 -- --
02/05/2021 02/05/21 Sold $317,000 0.0% $205 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $317,000 -- $205 / 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 $5,581 $213,100 $76,800 $136,300
2024 $5,419 $213,100 $76,800 $136,300
2023 $5,419 $213,100 $76,800 $136,300
2022 $5,304 $213,100 $76,800 $136,300
2021 $2,623 $213,100 $76,800 $136,300
2020 $5,264 $213,100 $76,800 $136,300
2019 $5,163 $213,100 $76,800 $136,300
2018 $5,046 $213,100 $76,800 $136,300
2017 $4,846 $213,100 $76,800 $136,300
2016 $7,215 $123,000 $24,000 $99,000
2015 $7,043 $123,000 $24,000 $99,000
2014 $6,918 $123,000 $24,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2109676

All Jersey MLS

APN: 13-00415-0000-00020