NOT LISTED FOR SALE

331 Morrison Ave Hightstown, NJ 08520

Estimated Value: $332,000 - $599,000

-- Bed
-- Bath
2,198 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $130,000 $59 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $3,082/month

109 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating Available

About This Home

As of August 2014

Great opportunity for a multi unit home in Hightstown. Two units each unit has two bedrooms and one bathroom. Each unit has its own electric. Units are in need of TLC. Buyer is responsible for C of O/Smoke Cert, and any and all inspections. Property Sold AS-IS.

Last Agent to Sell the Property

Carl SanFilippo

RE/MAX First Realty License #678225 Listed on: 03/09/2014

RE/MAX First Realty

Last Buyer's Agent

KINKA TAI

Weichert Realtors-Princeton Junction

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,384 Sq Ft Lot
  • Lot Dimensions are 52x142

Home Design

  • 2,198 Sq Ft Home
  • Duplex
  • Aluminum Siding

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Additional Features

  • En-Suite Primary Bedroom
  • Heating Available

Community Details

  • No Home Owners Association
  • Operating Expense $8,037

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 04-00048 01-00013

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: Great opportunity for a multi unit home in Hightstown. Two units each unit has two bedrooms and one bathroom. Each unit has its own electric. Units are in need of TLC. Buyer is responsible for C of O/Smoke Cert, and any and all inspections. Property Sold AS-IS.
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2198
  • Living Area Sq Ft: 2198
  • Price Per Sq Ft: 68.20
  • Above Grade Finished Sq Ft: 2198
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 331

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: EAST WINDSOR REGIONAL SCHOOLS
  • School District Key: 300200396171

Lot Info

  • Improvement Assessed Value: 133000.00
  • Land Assessed Value: 69900.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 52X142
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7384.00
  • Zoning: R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2117358
  • Tax Annual Amount: 8290.00
  • Assessor Parcel Number: 04-00048 01-00013
  • Tax Lot: 00013
  • Tax Year: 2014
  • Close Date: 08/26/2014

MLS Schools

  • School District Name: EAST WINDSOR REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2014
Closed on
Aug 26, 2014
Sold by
Barrett James and Barrett Elizabeth
Bought by
Kinka Soffer Avraham and Kinka Tai
Seller's Agent
Carl SanFilippo
RE/MAX First Realty
Buyer's Agent
KINKA TAI
Weichert Realtors-Princeton Junction
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Current Estimated Value
$453,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,306
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Stout Julia
Bought by
Barrett James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
7.13%

Purchase Details

Closed on
Aug 1, 1995
Sold by
Hand Lora
Bought by
Stout Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.32%
Mortgage Type
FHA
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
Kinka Soffer Avraham $130,000 Infinity Title Agency Inc
Barrett James $157,500 --
Stout Julia $90,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soffer Avraham $240,000
Closed Soffer Avraham $164,500
Previous Owner Barrett James $141,750
Previous Owner Stout Julia $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $130,000 -13.3% $59 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $149,900 -- $68 / Sq Ft
Source: Bright 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 $7,338 $151,200 $69,900 $81,300
2023 $7,338 $151,200 $69,900 $81,300
2022 $7,084 $151,200 $69,900 $81,300
2021 $6,828 $151,200 $69,900 $81,300
2020 $6,672 $146,300 $69,900 $76,400
2019 $6,276 $146,300 $69,900 $76,400
2018 $6,093 $146,300 $69,900 $76,400
2017 $6,030 $146,300 $69,900 $76,400
2016 $5,978 $146,300 $69,900 $76,400
2015 $5,993 $147,600 $69,900 $77,700
2014 $8,290 $202,900 $69,900 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002832102

Bright MLS

APN: 04-00048-01-00013