NOT LISTED FOR SALE

Estimated Value: $447,138

3 Beds
2 Baths
1,825 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $325,000 $178 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,937/month

17 Days on Market

About This Home

As of February 2020

Investment opportunity!....two family home with low taxes. Property has been fully rented for the past 19 years. Masonry construction, plenty of parking, ground floor has laundry. Utilities are not separated. Dead end location. Looking for an affordable multi-family investment...you found it.

Last Listed By

John Jamieson

RE/MAX Integrity Listed on: 11/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,359

Year Built

  • 1926

Lot Details

  • 3,751 Sq Ft Lot
  • Irregular Lot

Home Design

  • Built between 1900 - 1939
  • Stucco Exterior

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 022300023 00061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,359

Year Built

1926

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: None
  • Basement: None
  • Laundry: In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Mason/stucco

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00061
  • Estimated Lot Sq Ft: 3751
  • Lot Description: Irregular

Tax Info

  • Tax: 8359
  • Assessor Parcel Number: 022300023 00061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 12, 2020
Sold by
Barragan Stella and Doyle Stella
Bought by
Morato Pheidippides
Seller's Agent
John Jamieson
RE/MAX Integrity
Buyer's Agent
Suzanne Walker
Coldwell Banker, Hillsdale
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Total Days on Market
17
Current Estimated Value
$447,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,138
Original Mortgage
$336,700
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2000
Sold by
Kmh Investment Group Llc
Bought by
Barragan Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kmh Investment Group Llc

Purchase Details

Closed on
Apr 5, 1999
Sold by
Kaiser Lois and J L B Equities Inc
Bought by
Federal Home Loan Mortgage Corporation

Range of Values:

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Average Value
Not Available
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
Morato Pheidippides $325,000 Acres Land Title Agency Inc
Barragan Stella $159,000 Chicago Title Insurance Co
Kmh Investment Group Llc $59,000 --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morato Pheidippides $140,000
Previous Owner Morato Pheidippides $336,700
Previous Owner Barragan Stella $90,000
Previous Owner Barragan Stella $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $325,000 +8.7% $178 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $299,000 -- $164 / Sq Ft
Source: New 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 -- $332,700 $138,400 $194,300
2023 -- $332,700 $138,400 $194,300
2022 $0 $325,600 $132,500 $193,100
2021 $8,469 $252,200 $109,300 $142,900
2020 $8,345 $252,200 $109,300 $142,900
2019 $8,342 $248,500 $107,800 $140,700
2018 $8,358 $244,900 $105,300 $139,600
2017 $8,234 $241,100 $103,800 $137,300
2016 $7,901 $233,900 $98,800 $135,100
2015 $7,133 $203,800 $119,500 $84,300
2014 $6,770 $203,800 $119,500 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1953076

New Jersey MLS

APN: 23-00023-0000-00061