NOT LISTED FOR SALE

39 Stone St New Brunswick, NJ 08901

Estimated Value: $929,056 - $1,002,000

8 Beds
2 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $850,000

Est. 15% increase in value since last sale

Current estimated payment $7,110/month

55 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Fenced
  • Private Yard
  • Utility Room

About This Home

As of October 2023

Excellent Income-Producing Property in located in the 6th Ward of New Brunswick--Located 1 block from College Ave--2 Family--Each floor has a 4 bedroom apt. Legal for 8, but occupied by 6 persons--Total gross monthly rent is $7,000 and it can be rented for more--Apt 1 rents for $3,500--Apt. 2 rents for $3,500--Roof is 7 yrs. old--Both water heaters are 6years old--2 separate heating systems (Hot water baseboard)--Brand new bathroom on each floor--Property encroaches approximately 3.5 feet on adjacent property (6 Sicard St.) and the encroachment is recorded on the deed; The owners of the adjacent property are in agreement with the encroachment and it's all spelled out in the deed agreement--The survey and deed agreement are attached--Extremely easy to rent because of its proximity to College Ave.--Already leased for 2024--If you've been looking to purchase in the 6th Ward, This is it!--Buyer is responsible for the CO and Fire Safety CO.--

Last Listed By

Antoine Chedid

C-21 BARROOD REALTORS Listed on: 08/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,464

Year Built

  • Built in 1892

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00
  • Fenced
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 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

$19,464

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1892
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities, Exterior Entry, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Interior Amenities: Unit 1(1 Bath,4 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,4 Bedrooms,Kitchen,Living Room)
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Public Transit, Near Train
  • Exterior Features: Curbs, Fencing/Wall, Sidewalk, Yard
  • Roof: Asphalt

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: 6TH

Tax Info

  • Tax Annual Amount: 19464
  • Tax Year: 2022

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
Aug 30, 2023
Closed on
Oct 20, 2023
Sold by
375 56 Inc
Bought by
Mastromonica Jill and Mastromonica Frank
Seller's Agent
Antoine Chedid
C-21 BARROOD REALTORS
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Total Days on Market
55
Views
5
Current Estimated Value
$974,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,264
Avg. Annual Appreciation
6.39%
Original Mortgage
$637,500
Outstanding Balance
$629,252
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$309,373

Purchase Details

Closed on
Aug 24, 2006
Sold by
Dev Dabas
Bought by
37556 Inc

Purchase Details

Closed on
Oct 12, 2001
Sold by
Dev Dabas
Bought by
39 Stone St Llc

Purchase Details

Closed on
Jul 23, 1998
Sold by
Runsdorf Adam
Bought by
Dev Dabas and Sumedha Sabas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mastromonica Jill $850,000 Stewart Title
37556 Inc $660,000 --
39 Stone St Llc -- --
Dev Dabas $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastromonica Jill $637,500
Previous Owner 375 56 Inc $330,000
Previous Owner Dev Dabas $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $850,000 -2.9% --
08/30/2023 08/30/23 For Sale $875,000 -- --
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 $19,886 $782,000 $237,500 $544,500
2023 $19,886 $782,000 $237,500 $544,500
2022 $19,464 $782,000 $237,500 $544,500
2021 $19,386 $782,000 $237,500 $544,500
2020 $19,315 $782,000 $237,500 $544,500
2019 $18,948 $782,000 $237,500 $544,500
2018 $18,518 $782,000 $237,500 $544,500
2017 $17,783 $782,000 $237,500 $544,500
2016 $11,128 $189,700 $32,500 $157,200
2015 $10,862 $189,700 $32,500 $157,200
2014 $10,669 $189,700 $32,500 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2352452M

All Jersey MLS

APN: 13-00074-0000-00040