NOT LISTED FOR SALE

Estimated Value: $416,169 - $540,000

-- Bed
-- Bath
2,688 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $350,000 $130 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,291/month

8 Days on Market

About This Home

As of January 2023

Detached masonry building with 4 apartments, 2-one bedroom units and 2-two bedroom units. Off street parking with unfinished basement. Fully occupied with consistent payment performance. All long term tenants. Property tour available only after and subject to purchase agreement. All units are occupied. Showings tour available after reaching a purchase agreement.

Last Listed By

Lisa Jordan

David DePaola and Company Real Estate Listed on: 11/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,470

Year Built

  • Built in 1938

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 54.00 x 100.00

Home Design

  • 2,688 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Block Foundation

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • Income includes apartment rentals
  • Net Operating Income $31,050

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, lawn/shrub care, sewer, snow removal, water, personal property taxes
  • Tax Lot 00006
  • Assessor Parcel Number 02-00311-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,470

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Remarks Public: Detached masonry building with 4 apartments, 2-one bedroom units and 2-two bedroom units. Off street parking with unfinished basement. Fully occupied with consistent payment performance. All long term tenants. Property tour available only after and subject to purchase agreement. All units are occupied. Showings tour available after reaching a purchase agreement.
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 130.21
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 361

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396170
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 167100.00
  • Land Assessed Value: 45800.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 54.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5400.00
  • Year Assessed: 2021
  • Zoning: R-2

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Water, Taxes - Personal Property
  • Total Actual Rent: 41400.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 2078805
  • Tax Annual Amount: 7470.00
  • Assessor Parcel Number: 02-00311-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 2688
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/03/2023

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 3, 2023
Sold by
Tindall Paul D and Tindall Donna M
Bought by
Mc & Jp Properties Llc
Seller's Agent
Lisa Jordan
David DePaola and Company Real Estate
Buyer's Agent
Anne-Marie Tustin
Keller Williams Premier
List Price
$350,000
Sold Price
$350,000
Total Days on Market
8
Views
10
Current Estimated Value
$475,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,292
Avg. Annual Appreciation
10.99%
Original Mortgage
$262,500
Outstanding Balance
$255,964
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$191,681

Purchase Details

Closed on
Jun 9, 1993
Sold by
Purdential Home Mortgage Co Inc
Bought by
Tindall Paul D and Tindall Donna M

Purchase Details

Closed on
Dec 19, 1990
Sold by
Brown R Warren
Bought by
The Prudential Home Mortgage Inc

Purchase Details

Closed on
Feb 9, 1989
Sold by
Lacorte Pasquale and Lacorte Nanci D
Bought by
Brown Warren

Range of Values:

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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
Mc & Jp Properties Llc $350,000 Foundation Title
Tindall Paul D $120,000 --
Tindall Paul D $120,000 --
The Prudential Home Mortgage Inc $100 --
Brown Warren $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc & Jp Properties Llc $262,500
Previous Owner Tindall Paul D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $350,000 0.0% $130 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $350,000 -- $130 / 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 $7,871 $212,900 $45,800 $167,100
2023 $7,871 $212,900 $45,800 $167,100
2022 $7,658 $212,900 $45,800 $167,100
2021 $7,471 $212,900 $45,800 $167,100
2020 $7,364 $212,900 $45,800 $167,100
2019 $7,173 $212,900 $45,800 $167,100
2018 $7,875 $149,100 $31,200 $117,900
2017 $8,059 $149,100 $31,200 $117,900
2016 $7,950 $149,100 $31,200 $117,900
2015 $7,844 $149,100 $31,200 $117,900
2014 $7,823 $149,100 $31,200 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2024752

Bright MLS

APN: 02-00311-0000-00006