NOT LISTED FOR SALE

Estimated Value: $551,000 - $748,000

5 Beds
4.5 Baths
3,262 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $525,000 $161 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,275/month

29 Days on Market

Highlights

  • Garage Apartment
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of March 2024

4 family home on a 50 x 100 lot with an additional bungalow & a detached 2 car garage. Fair market rent puts this at a 12% cap rate. Tremendous opportunity in Red Hot New brunswick right off of Livingston avenue bordering north brunswick. Needs minor cosmetic updates, however this home can be brought back to life. Perfect for investor or first time homebuyer, looking to live in one unit and rent the other 3. Located near Rutgers, Superior court house, train station, local hospital, fine restaurants & shopping. Route 18, turnpike, route 1, route 27 are all nearby, bordering North Brunswick. Green card up to date. CO & township certs responsibility of buyer.

Last Agent to Sell the Property

Amanda Cruz

EXP Realty License #1859212 Listed on: 01/08/2024

EXP Realty

Last Buyer's Agent

Aleksandr Pritsker

EXP Realty License #1008359

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,573

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Detached Garage
  • Garage Apartment

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,262 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 13-00462-0000-00038-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,573

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Other
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Year Built: 1927
  • 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: 50 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Cooling Multi Units: Yes
  • Garage Apt Above Garage: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 2 Washer Hookup2: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: See Remarks, Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-00462-0000-00038-01
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9573.0
  • Tax Other Annual Assessment Amount: 384600.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 15, 2024
Sold by
Cappelletti Richard and Cappelletti Alfred
Bought by
84 Main Street Partners Llc
Seller's Agent
Amanda Cruz
EXP Realty
Buyer's Agent
Aleksandr Pritsker
EXP Realty
List Price
$735,000
Sold Price
$525,000
Premium/Discount to List
-$210,000
-28.57%
Views
155
Current Estimated Value
$621,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,206
Avg. Annual Appreciation
14.29%

Purchase Details

Closed on
Dec 13, 2006
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
84 Main Street Partners Llc $525,000 American Land Title
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $525,000 -28.6% $161 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $735,000 -- $225 / 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
2024 $9,780 $463,700 $159,100 $304,600
2023 $9,780 $384,600 $159,100 $225,500
2022 $9,573 $384,600 $159,100 $225,500
2021 $6,141 $332,600 $159,100 $173,500
2020 $8,215 $332,600 $159,100 $173,500
2019 $8,059 $332,600 $159,100 $173,500
2018 $7,876 $332,600 $159,100 $173,500
2017 $7,563 $332,600 $159,100 $173,500
2016 $11,257 $191,900 $47,500 $144,400
2015 $10,988 $191,900 $47,500 $144,400
2014 $10,792 $191,900 $47,500 $144,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22400698

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00462-0000-00038-01