NOT LISTED FOR SALE

360 Grace Ave Garfield, NJ 07026

Estimated Value: $556,000 - $801,000

5 Beds
3 Baths
1,748 Sq Ft
$400/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $730,000 $418 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,549/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Hot Water Heating System
  • Air Conditioning
  • Outdoor Grill
  • Fenced

About This Home

As of December 2024

Location, location, location!
this charming two-family home offers both character and convenience in a highly desirable location.
This well-maintained two-family home has on the first floor 3 bedrooms and 1 full bathroom with two entrances.
Access to the full basement where you will have 2 full bathrooms and independent entrance from the back yard.
upstairs the second unit with present two additional two bedrooms and a full bathroom and beautiful kitchen.
The property has a driveway than can accommodate four cars access to the back porch.
perfect for enjoying quiet moments
Whether you're looking for a place to call home or a solid investment opportunit

Last Agent to Sell the Property

Jasmin Cruz-Barrera

Keller Williams Preferred Properties,Bayville License #2296310 Listed on: 10/09/2024

Keller Williams Preferred Properties,Bayville

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, hot water, gas, electricity
  • Assessor Parcel Number 21-00207-0000-00001

Property Details

Home Type

Multi-Family

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Siding Shingle: Yes
  • Basement Heated: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior BBQ2: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Fence, Patio, BBQ
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 21-00207-0000-00001
  • Zoning Description: Single Family, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Hot Water, Gas, Electricity

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2006
Sold by
Polanco Maria
Bought by
Arroyo Sonia
Current Estimated Value
$719,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$234,219
Interest Rate
6.27%
Estimated Equity
$464,786

Purchase Details

Closed on
Jun 7, 2004
Sold by
Patel Mangalbhai
Bought by
Polanco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
6.32%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Derosa Robert
Bought by
Patel Mangalbhai and Patel Piyush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arroyo Sonia $515,000 --
Polanco Maria $415,000 --
Patel Mangalbhai $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Sonia $412,000
Previous Owner Polanco Maria $394,250
Previous Owner Patel Mangalbhai $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $730,000 +12.3% $418 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $649,999 -- $372 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,684 $290,200 $126,300 $163,900
2024 $9,521 $290,200 $126,300 $163,900
2023 $9,051 $290,200 $126,300 $163,900
2022 $9,051 $290,200 $126,300 $163,900
2021 $8,787 $290,200 $126,300 $163,900
2020 $8,596 $290,200 $126,300 $163,900
2019 $8,433 $290,200 $126,300 $163,900
2018 $8,245 $290,200 $126,300 $163,900
2017 $8,099 $290,200 $126,300 $163,900
2016 $7,859 $290,200 $126,300 $163,900
2015 $7,664 $290,200 $126,300 $163,900
2014 $7,461 $290,200 $126,300 $163,900
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429414

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 21-00207-0000-00001

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