NOT LISTED FOR SALE

348 Carteret Ave Carteret, NJ 07008

Estimated Value: $648,000 - $816,000

-- Bed
-- Bath
2,820 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $551,000 $195 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,734/month

67 Days on Market

Highlights

  • 0.23 Acre Lot
  • Shed
  • Utility Room
  • Private Yard
  • Property is near shops
  • Level Lot

About This Home

As of August 2021

Don't miss this beautiful brick 2 family really unique style, in one ofthe most desirable locations in Carteret, just a few blocks from Carteret Park. 1st unit with 4 large bedrooms, 3 bathrooms, & full basement, that could easily be finished, Brand new waterline, sewer line, & most of the windows, Brand new kitchen with SS appliances, all hardwood flooring. 2nd unit One bedroom, one bath, & deck. Live in one, rent out the other; or rent out both...its a win-win either way! Don't let this opportunity pass you by!

Last Agent to Sell the Property

Sukhwinder Kaur

J.J. ELEK REALTY CO. Listed on: 04/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,380

Year Built

  • Built in 1948

Lot Details

  • 9,894 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Utilities

  • No Cooling
  • Radiator
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Shed
  • Property is near shops

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(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,380

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2271
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1948
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Lavatory (No Sink), Exterior Entry, Interior Entry, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,4 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Irregular Lot, Level
  • Exterior Features: Storage Shed, Yard
  • Other Structures: Shed(s)
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Electric: 200 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 9894

Tax Info

  • Tax Annual Amount: 8380
  • Tax Year: 2020

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
Apr 28, 2021
Closed on
Jul 19, 2021
Sold by
Zawadzki John and Estate Of Helen Zawadzki
Bought by
Multani Manpreet Singh and Singh Sandeep
Seller's Agent
Sukhwinder Kaur
J.J. ELEK REALTY CO.
List Price
$551,000
Sold Price
$551,000
Current Estimated Value
$746,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,992
Avg. Annual Appreciation
7.53%
Original Mortgage
$413,250
Outstanding Balance
$374,384
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$372,608

Purchase Details

Closed on
Feb 26, 2019
Sold by
Zawadzki John
Bought by
Zawadzki John and Estate Of Helen Zawadzki
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
Multani Manpreet Singh $551,000 Providence Abstract Llc
Zawadzki John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Multani Manpreet Singh $413,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $551,000 0.0% $195 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $551,000 -- $195 / 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 $9,290 $570,000 $337,700 $232,300
2024 $9,051 $291,400 $122,400 $169,000
2023 $9,051 $291,400 $122,400 $169,000
2022 $8,800 $291,400 $122,400 $169,000
2021 $6,449 $291,400 $122,400 $169,000
2020 $8,381 $291,400 $122,400 $169,000
Source: Public Records

Agents Affiliated with this Home

  • Sukhwinder Kaur

    Seller's Agent in 2021

    Sukhwinder Kaur

    J.J. ELEK REALTY CO.

    (732) 589-1006

    57 in this area

    84 Total Sales

    Sukhwinder Kaur
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2115995R

All Jersey MLS

APN: 01-03612-0000-00003-01

New Jersey Middlesex County Carteret 07008

348 Carteret Ave, Carteret, NJ

This home is located at 348 Carteret Ave, Carteret, NJ 07008 since 28 April 2021 and is currently estimated at $746,992, approximately $264 per square foot. This property was built in 1948. 348 Carteret Ave is a home located in Middlesex County with nearby schools including Carteret High School and St Joseph School.

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