NOT LISTED FOR SALE

37 George St South River, NJ 08882

Estimated Value: $497,161 - $631,000

-- Bed
-- Bath
1,855 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $380,000 $205 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,639/month

140 Days on Market

Highlights

  • Private Yard
  • Air Conditioning
  • Property is near shops
  • Enclosed Patio or Porch
  • Shed
  • Baseboard Heating

About This Home

As of October 2021

*Back on the Market - Buyer was not able to secure financing* Great Investment opportunity to own a tenant occupied 2-family home. First floor apartment has 3 bedrooms (1 bedroom with no closet), 2 full baths, living room, and eat-in kitchen. Second floor apartment has 1 bedroom, living room, 1 full bath, and eat-in kitchen. The basement has 2 bonus rooms plus 1 full bath and laundry. Storage shed in the yard for extra storage. Long and spacious driveway. Walking distance to downtown and close to major highways.

Last Agent to Sell the Property

Jack Yao

REALMART REALTY LLC Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 1906

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 45.00
  • Fenced
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near shops

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(electric water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,520

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1033
  • Lot Size: 100.00 x 45.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1906
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Electric,Water,Gas)
  • Has Basement: Finished, Bath Full, Other Room(s), Exterior Entry
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(1 Bedroom,1 Bath,Living Room)
  • Living Area: 1855
  • Stories: 2
  • Window Features: Screen/Storm Window

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping
  • Exterior Features: Porch(es) - Enclosed, Screen/Storm Window, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s), Unit 1(A/C Unit)
  • Heating: Baseboard Electric, Radiators-Steam
  • Heating Yn: Yes
  • Electric: 200 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 4500
  • Zoning: R-75

Tax Info

  • Tax Annual Amount: 6520
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Oct 13, 2021
Sold by
Caicedo Gustavo A and Caicedo Jeanette
Bought by
Fana Luis
Seller's Agent
Jack Yao
REALMART REALTY LLC
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$556,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,790
Avg. Annual Appreciation
10.37%
Original Mortgage
$373,117
Outstanding Balance
$340,985
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$215,805

Purchase Details

Closed on
Feb 15, 2008
Sold by
Caivedo Jeanette
Bought by
Caicedo Gustavo A and Caivedo Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,531
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Quintana Dorman
Bought by
Caicedo Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Santos Fausto
Bought by
Quintana Dorman and Osorto Silma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,580
Interest Rate
7.05%
Mortgage Type
FHA
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
Fana Luis $380,000 Trident Abstract Ttl Agcy Ll
Caicedo Gustavo A -- --
Caicedo Jeanette $287,000 --
Quintana Dorman $174,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fana Luis $373,117
Previous Owner Caicedo Gustavo A $323,531
Previous Owner Caicedo Jeanette $229,600
Previous Owner Quintana Dorman $172,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $380,000 0.0% $205 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $380,000 -- $205 / 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 $7,262 $285,100 $102,500 $182,600
2024 $7,045 $285,100 $102,500 $182,600
2023 $7,045 $285,100 $102,500 $182,600
2022 $6,922 $285,100 $102,500 $182,600
2021 $6,663 $285,100 $102,500 $182,600
2020 $6,520 $285,100 $102,500 $182,600
2019 $6,656 $80,800 $15,000 $65,800
2018 $6,496 $80,800 $15,000 $65,800
2017 $6,258 $80,800 $15,000 $65,800
2016 $6,021 $80,800 $15,000 $65,800
2015 $5,886 $80,800 $15,000 $65,800
2014 $5,751 $80,800 $15,000 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2116045R

All Jersey MLS

APN: 23-00102-0000-00021