NOT LISTED FOR SALE

40 Jersey Ave Suffern, NY 10901

Estimated Value: $497,000 - $736,000

4 Beds
2 Baths
1,935 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $252,000 $130 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,615/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park
  • Suffern Middle School Rated A-
  • Corner Lot
  • Baseboard Heating

About This Home

As of December 2017

Fantastic opportunity for owner/investors! 2family with walking distance to NYC commuter train and only 1.5 blocks from,the NJ State Border. 2-2bed units on a large corner parcel. Plenty of parking.Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. Sold as is. Purchaser to execute bank addendums and pay NYS Transfer Tax ($4/$1,000). ***Deadline for highest and best from all buyers is 2:00 PM local time Monday (11/06/17)***

Last Agent to Sell the Property

Patrick Lynch

Prime Partner Realty Brokerage Phone: 845-624-6500 License #31LY1164189 Listed on: 10/27/2017

Prime Partner Realty

Last Buyer's Agent

Yides Heller

Century 21 Full Service Realty License #10401269537

Century 21 Full Service Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,916

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,935 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Richard P Connor Elementary School
  • Suffern Middle School
  • Suffern Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 392607.054.051-0001-024.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,916

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-624-6500
  • Village: Suffern
  • Hamlet: Suffern
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Living Area: 1935
  • SquareFootage: 1935.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Suffern Middle School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.1700
  • Lot Size Sq Ft: 7405
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 392607.054.051-0001-024.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 12916
  • Tax Map Number: 392607.054.051-0001-024.000/0000

MLS Schools

  • Elementary School: Richard P Connor Elementary School
  • High School: Suffern Senior High School
  • Middle School District: Ramapo-Suffern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Breuer Lieb
Bought by
40 Jersey Llc
Current Estimated Value
$652,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,250
Outstanding Balance
$110,996
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$541,007

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 8, 2017
Sold by
Us Bank Na
Bought by
Breuer Lieb
Seller's Agent
Patrick Lynch
Prime Partner Realty
Buyer's Agent
Yides Heller
Century 21 Full Service Realty
List Price
$156,000
Sold Price
$252,000
Premium/Discount to List
$96,000
61.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
Sep 21, 2017
Sold by
Ricki Berger Esq
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 27, 2006
Sold by
Panagiotis Gust and Panagiotis Anita
Bought by
Hernandez Jose and Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
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
40 Jersey Llc -- None Available
Breuer Lieb $252,000 Land Track Title
Us Bank Na $541,000 Web Title
Hernandez Jose $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 Jersey Llc $126,250
Previous Owner Hernandez Jose $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $252,000 +61.5% $130 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $156,000 -- $81 / Sq Ft
Source: OneKey® MLS

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 $14,710 $42,500 $12,500 $30,000
2023 $14,710 $42,500 $12,500 $30,000
2022 $14,496 $42,500 $12,500 $30,000
2021 $14,496 $42,500 $12,500 $30,000
2020 $14,054 $42,500 $12,500 $30,000
2019 $13,613 $42,500 $12,500 $30,000
2018 $13,613 $37,500 $12,500 $25,000
2017 $12,986 $37,500 $12,500 $25,000
2016 $13,001 $37,500 $12,500 $25,000
2015 -- $37,500 $12,500 $25,000
2014 -- $37,500 $12,500 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Lynch

    Seller's Agent in 2017

    Patrick Lynch

    Prime Partner Realty

    (845) 304-3187

    1 in this area

    41 Total Sales

    Patrick Lynch
    Section Image

  • Y

    Buyer's Agent in 2017

    Yides Heller

    Century 21 Full Service Realty

    (347) 816-1061

    7 Total Sales

    Yides Heller
    Section Image

  • A

    Buyer's Agent in 2017

    Alisa Dwyer

    Century 21 American Homes

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4746069

OneKey® MLS

APN: 392607-054-051-0001-024-000-0000

New York Rockland County Suffern 10901

40 Jersey Ave, Suffern, NY

Not Listed for Sale

MultiFamily

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