NOT LISTED FOR SALE

387 North Ave Dunellen, NJ 08812

Estimated Value: $645,568

Studio
-- Bath
-- Sq Ft
4,339 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $565,000

Est. 14% increase in value since last sale

Current estimated payment $4,317/month

140 Days on Market

Highlights

  • 3 Car Detached Garage
  • Baseboard Heating
  • 2-minute walk to Dunellen

About This Home

As of May 2023

This home is located at 387 North Ave, Dunellen, NJ 08812 since 11 January 2023 and is currently estimated at $645,568. This property was built in 1913. 387 North Ave is a home located in Middlesex County with nearby schools including John P. Faber Elementary School, Lincoln Middle School, and Dunellen High School.

Last Agent to Sell the Property

Eli Rosen

NATIONWIDE HOMES REALTY LLC Listed on: 01/11/2023

Co-Listed By

JOSEPH WEISZ

PINN REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1913

Lot Details

  • 4,339 Sq Ft Lot
  • Lot Dimensions are 140.00 x 31.00

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement

Utilities

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,290

Year Built

Built in 1913

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0996
  • Lot Size: 140.00 x 31.00
  • Co List Office Mls Id: PINC
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1913
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
  • Has Basement: Partial, Other Room(s)
  • Interior Amenities: Unit 1(), Unit 2(2 Bedrooms,1 Bath), Unit 3(2 Bedrooms,1 Bath), Unit 4()
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Detached, 3-4 Car Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4339
  • Zoning: RDT

Tax Info

  • Tax Annual Amount: 9290
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jun 14, 2023
Sold by
Queen Equity Reo Llc
Bought by
M & M Home Investors Inc
Seller's Agent
Eli Rosen
NATIONWIDE HOMES REALTY LLC
List Price
$599,999
Sold Price
$565,000
Premium/Discount to List
-$34,999
-5.83%
Views
68
Current Estimated Value
$645,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,568
Avg. Annual Appreciation
5.37%
Original Mortgage
$490,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2022
Sold by
Sl Re1 Llc
Bought by
Reo Queen Equity

Purchase Details

Closed on
Jan 30, 2013
Sold by
Bower William C and Bower Frederick A
Bought by
State Of New Jersey

Purchase Details

Closed on
Jan 24, 2003
Sold by
Descala Lucia
Bought by
Bower William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
M & M Home Investors Inc $545,000 Advent Title
M & M Home Investors Inc $545,000 Advent Title
Reo Queen Equity $1,000 Boudwin Rebecca D
Reo Queen Equity $1,000 Boudwin Rebecca D
State Of New Jersey $163,112 None Available
Bower William $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed M & M Home Investors Inc $490,500
Previous Owner Bower William $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $565,000 -5.8% --
01/11/2023 01/11/23 For Sale $599,999 -- --
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 $11,286 $450,000 $64,200 $385,800
2024 $8,595 $450,000 $64,200 $385,800
Source: Public Records

Agents Affiliated with this Home

  • Eli Rosen

    Seller's Agent in 2023

    Eli Rosen

    NATIONWIDE HOMES REALTY LLC

    (845) 671-9841

    1 in this area

    13 Total Sales

    Eli Rosen
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    JOSEPH WEISZ

    PINN REALTY INC

    (845) 729-1240

    1 in this area

    157 Total Sales

    JOSEPH WEISZ
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2307433R

All Jersey MLS

APN: 03-00066-0000-00007

New Jersey Middlesex County Dunellen 08812

387 North Ave, Dunellen, NJ

Not Listed for Sale

MultiFamily

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