NOT LISTED FOR SALE

40 Railroad Ave New Brunswick, NJ 08901

Estimated Value: $332,000 - $504,000

2 Beds
1 Bath
-- Sq Ft
2,923 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $319,000

Est. 36% increase in value since last sale

Current estimated payment $2,825/month

81 Days on Market

About This Home

As of August 2023

Two family home that has been rented for years. Seller will not deliver vacant! Apt 1 is 2 beds 1 bath legal for 2 people - $1325 a month (MTM tenant) Apt 2 is 2 beds 1 bath legal for 2 people - $1250 a month (also month to month tenant). Owner pays electric and water. Opportunity to raise rents or live in one unit. Buyer will be responsible for CO from the town.

Last Agent to Sell the Property

Peter Tverdov

TVERDOV HOUSING Listed on: 05/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,971

Year Built

  • Built in 1920

Lot Details

  • 2,923 Sq Ft Lot
  • Lot Dimensions are 117.00 x 25.00

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Gas Water Heater

Community Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric water), unit 2 owner pays(electric water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,971

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0671
  • Lot Size: 117.00 x 25.00
  • 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(Electric,Water), Unit 2 Owner Pays(Electric,Water)
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2923
  • Zoning: R-5A

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 5971
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 5, 2023
Sold by
Marcus Realty Llc
Bought by
F & A Properties Llc
Seller's Agent
Peter Tverdov
TVERDOV HOUSING
List Price
$319,000
Sold Price
$319,000
Views
125
Current Estimated Value
$433,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,961
Avg. Annual Appreciation
15.39%
Original Mortgage
$299,700
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2014
Sold by
Marcus Realty Inc
Bought by
Marcus Realty Llc
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
F & A Properties Llc $319,000 None Listed On Document
F & A Properties Llc $319,000 None Listed On Document
Marcus Realty Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed F & A Properties Llc $299,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $319,000 0.0% --
05/22/2023 05/22/23 For Sale $319,000 -- --
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
2025 $6,283 $239,900 $67,600 $172,300
2024 $6,101 $239,900 $67,600 $172,300
2023 $6,101 $239,900 $67,600 $172,300
2022 $5,971 $239,900 $67,600 $172,300
2021 $4,430 $239,900 $67,600 $172,300
2020 $6,024 $243,900 $71,600 $172,300
2019 $5,910 $243,900 $71,600 $172,300
2018 $5,776 $243,900 $71,600 $172,300
2017 $5,974 $262,700 $71,600 $191,100
2016 $5,702 $97,200 $21,200 $76,000
2015 $5,566 $97,200 $21,200 $76,000
2014 $6,451 $114,700 $21,200 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Peter Tverdov

    Seller's Agent in 2023

    Peter Tverdov

    TVERDOV HOUSING

    (908) 400-1031

    61 in this area

    75 Total Sales

    Peter Tverdov
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Map

Source: All Jersey MLS

MLS Number: 2312612R

All Jersey MLS

APN: 13-00163-0000-00024

New Jersey Middlesex County New Brunswick 08901

40 Railroad Ave, New Brunswick, NJ

This home is located at 40 Railroad Ave, New Brunswick, NJ 08901 since 22 May 2023 and is currently estimated at $433,961. This property was built in 1920. 40 Railroad Ave is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

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