NOT LISTED FOR SALE

Estimated Value: $557,000 - $718,000

-- Bed
-- Bath
2,930 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $475,000 $162 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,659/month

41 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Carpet
  • Private Yard
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

This is a one of a kind multifamily! Large Duplex, in a corner lot with 4 Bedrooms in one side, livingroom, formal dining, eat in kitchen finished basement, central air. The other side is similar but with 5 bedrooms. Property is gas heat however there is an inground oil tank that is being taken out.

Last Agent to Sell the Property

Carmen Almanzar

FOX & FOXX REALTY, LLC Listed on: 02/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,291

Year Built

  • Built in 1899

Lot Details

  • 5,001 Sq Ft Lot
  • Corner Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Finished Basement
  • Recreation or Family Area in Basement
  • Oven or Range

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

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

$9,291

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1899
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, Other Room(s), Recreation Room
  • Flooring: Unit 2 Carpet
  • Interior Amenities: Unit 1(Dining Room,4 Bedrooms,Living Room), Unit 2(Dining Room,4 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room,1 1/2 Baths)
  • Living Area: 2930
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Exterior Features: Sidewalk, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Roof: Asphalt, See Remarks

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: See Remarks, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 9291
  • 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
Feb 23, 2021
Closed on
May 4, 2021
Sold by
Gerak Gail
Bought by
Joo Manuel A and Joo Jeannine
Seller's Agent
Carmen Almanzar
FOX & FOXX REALTY, LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$664,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,766
Avg. Annual Appreciation
7.68%
Original Mortgage
$466,396
Outstanding Balance
$428,904
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$219,654

Purchase Details

Closed on
Oct 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Gerak William and Gerak Gail

Purchase Details

Closed on
Jul 8, 2009
Sold by
Ishikawa Hiroki
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 20, 2005
Sold by
Dwyer Patricia Ann
Bought by
Mercedes Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
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
Joo Manuel A $475,000 Bespoke Ttl & Setmnt Svcs Ll
Gerak William $170,000 Fidelity Natl Title Ins Co
Deutsche Bank National Trust Company $201,000 None Available
Mercedes Rafael $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joo Manuel A $466,396
Previous Owner Merceders Rafael $50,000
Previous Owner Mercedes Rafael $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Off Market $475,000 -- --
05/05/2021 05/05/21 Sold $475,000 0.0% $162 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $475,000 -- $162 / 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
2024 $11,722 $389,300 $88,000 $301,300
2023 $11,722 $389,300 $88,000 $301,300
2022 $11,489 $386,200 $88,000 $298,200
2021 $9,294 $312,000 $88,000 $224,000
2020 $9,291 $312,000 $88,000 $224,000
2019 $9,326 $312,000 $88,000 $224,000
2018 $9,245 $312,000 $88,000 $224,000
2017 $9,226 $312,000 $88,000 $224,000
2016 $8,986 $312,000 $88,000 $224,000
2015 $9,048 $312,000 $88,000 $224,000
2014 $9,104 $312,000 $88,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2112663R

All Jersey MLS

APN: 16-00141-0000-00018