$650,000
SOLD DEC 13, 2024 RENTED MAY 12, 2025

38 Handy St New Brunswick, NJ 08901

-- Bed
-- Bath
2,524 Sq Ft
2,901 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

15 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Utility Room

About This Home

As of December 2024

Welcome to 38 Handy St, a versatile two-family home situated in the heart of New Brunswick. This property offers an excellent investment opportunity Each unit features 4 spacious bedrooms and 2 full bathrooms, providing ample living space and comfort. The home has a newer, durable slate roof, ensuring long-term value with minimal maintenance. Additionally, the daylight basement offers convenient access to the backyard and presents potential for extra living or storage space. Located close to major highways, public transportation, Rutgers University, hospitals, and downtown New Brunswick's lively dining and entertainment options, this property is ideal for both commuters and those looking for easy access to everyday amenities. Whether you're seeking to generate rental income or accommodate multiple households, 38 Handy St offers both functionality and an unbeatable location. Don't miss the chance to make this property yours!

Last Agent to Sell the Property

Luz Mary Molina

RE/MAX FIRST REALTY, INC. Listed on: 09/24/2024

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,605

Year Built

  • Built in 1920

Lot Details

  • 2,901 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.00
  • Corner Lot

Home Design

  • Slate Roof

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 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

$13,605

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0666
  • Lot Size: 100.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Daylight, Utility Room
  • Interior Amenities: Unit 1(4 Bedrooms,2+ Baths), Unit 2(4 Bedrooms,2+ Baths)
  • Living Area: 2524
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Slate

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2901
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 13605
  • Tax Year: 2023

Multi Family

  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Dec 12, 2024
Sold by
Patel Seema and Patel Binta
Bought by
Li Qian and He Jie
Seller's Agent
Luz Mary Molina
RE/MAX FIRST REALTY, INC.
List Price
$650,000
Sold Price
$650,000
Views
21
Current Estimated Value
$645,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,136
Avg. Annual Appreciation
-0.77%
Original Mortgage
$487,500
Outstanding Balance
$483,703
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$162,161

Purchase Details

Closed on
May 4, 2005
Sold by
Shamy Kevin
Bought by
Jimenez Douglas and Sgro Rocco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
38 Handy Llc
Bought by
Shamy Kevin and Shamy Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
5.58%
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 Type Sale Price Title Company
Bargain Sale Deed $650,000 Heritage Abstract
Deed $420,000 --
Deed $386,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $308,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Rented $3,300 0.0% --
05/06/2025 05/06/25 For Rent $3,300 0.0% --
12/13/2024 12/13/24 Sold $650,000 0.0% $258 / Sq Ft
09/24/2024 09/24/24 For Sale $650,000 0.0% $258 / Sq Ft
02/01/2021 02/01/21 Rented -- -- --
01/02/2021 01/02/21 Under Contract -- -- --
12/02/2020 12/02/20 For Rent $2,400 -- --
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 $14,012 $535,000 $120,500 $414,500
2024 $13,605 $535,000 $120,500 $414,500
2023 $13,605 $535,000 $120,500 $414,500
2022 $13,316 $535,000 $120,500 $414,500
2021 $9,879 $535,000 $120,500 $414,500
2020 $13,215 $535,000 $120,500 $414,500
2019 $12,963 $535,000 $120,500 $414,500
2018 $12,669 $535,000 $120,500 $414,500
2017 $12,166 $535,000 $120,500 $414,500
2016 $9,110 $155,300 $24,300 $131,000
2015 $8,892 $155,300 $24,300 $131,000
2014 $8,734 $155,300 $24,300 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2503829R

All Jersey MLS

APN: 13-00193-0000-00021