NOT LISTED FOR SALE

38 Division St South River, NJ 08882

Estimated Value: $358,000 - $475,551

5 Beds
2 Baths
1,786 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $250,000 $140 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,798/month

110 Days on Market

About This Home

As of January 2022

Great opportunity to own this side by side 2 family home in South River. Minutes to downtown. Close to Rt 18 & major highways. Shopping, Manhattan and the Jersey Shore! Unit A is tenant occupied and are willing to stay or live on one side & rent the other ! Unit A is updated and in move-in condition, unit B needs updating. All parking is on-street.

Last Agent to Sell the Property

Ann Marie Burke

Century 21 Burke Realty License #8541940 Listed on: 10/25/2021

Century 21 Burke Realty

Co-Listed By

Jeff Burke

Century 21 Burke Realty License #1757598

Last Buyer's Agent

Ann Marie Burke

Century 21 Burke Realty License #8541940 Listed on: 10/25/2021

Century 21 Burke Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,519

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 52 x 40

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Pull Down Stairs to Attic

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Furnace
  • Heating System Uses Steam
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: In Unit B the washer, dryer and refrigerator are NOT included. AC units are NOT included.
  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 23-00273-0000-00002-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,519

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 3029
  • Co List Office Phone: 732-658-6800
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • Reso Interior Features: Attic - Walk Up, Attic - Pull Down Strs
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 52 x 40
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exclusions: In Unit B the washer, dryer and refrigerator are NOT included. AC units are NOT included.
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 52 x 40
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-00273-0000-00002-01
  • Zoning Description: Neighborhood
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5519.0
  • Tax Other Annual Assessment Amount: 241300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 19, 2022
Sold by
Anthony Arico Jr and Anthony Heike S
Bought by
38 Division Street Llc
Seller's Agent
Ann Marie Burke
Century 21 Burke Realty
Buyer's Agent
Ann Marie Burke
Century 21 Burke Realty
List Price
$315,000
Sold Price
$250,000
Premium/Discount to List
-$65,000
-20.63%
Current Estimated Value
$429,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,638
Avg. Annual Appreciation
15.71%
Original Mortgage
$244,500
Interest Rate
3.45%
Mortgage Type
Construction
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
38 Division Street Llc $250,000 Albano Matthew P
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 38 Division Street Llc $244,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $250,000 -20.6% $140 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $315,000 0.0% $176 / Sq Ft
10/25/2021 10/25/21 For Sale $315,000 -1.3% $176 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $319,000 0.0% $179 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $319,000 -- $179 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,146 $241,300 $84,000 $157,300
2024 $5,963 $241,300 $84,000 $157,300
2023 $5,963 $241,300 $84,000 $157,300
2022 $5,859 $241,300 $84,000 $157,300
2021 $5,639 $241,300 $84,000 $157,300
2020 $5,519 $241,300 $84,000 $157,300
2019 $6,268 $76,100 $11,800 $64,300
2018 $6,118 $76,100 $11,800 $64,300
2017 $5,894 $76,100 $11,800 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126743

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00273-0000-00002-01