NOT LISTED FOR SALE

41 Colby Place Phillipsburg, NJ 08865

Estimated Value: $465,000 - $569,000

-- Bed
-- Bath
9,999 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $515,000 $52 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,451/month

9 Days on Market

About This Home

As of September 2024

Highest and Best due Monday 6pm. Dont miss this once-in-a-lifetime opportunity to purchase this large 3-family investment property! Two units are occupied by long term tenants with new leases in place. The third unit has been completely renovated & is now ready for you to either move into or rent out! Don't think twice about this one, it would be a great addition to your investment portfolio!! Call to schedule showing !

Last Agent to Sell the Property

Linda Thell

(908) 768-3275 lthell@weichert.com Queenston Realty, LLC License #1863195 Listed on: 08/04/2024

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1900 | Remodeled in 2024

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 9,999 Sq Ft Home
  • Triplex
  • Side-by-Side
  • Stone Foundation
  • Vinyl Siding

Parking

  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 4-Story Building

Listing and Financial Details

  • Assessor Parcel Number 3019-01313-0000-00010-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,553

Year Built

Built in 1900 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-08-04
  • Year Built: 1900
  • Year Renovated: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 9999
  • Living Area Sq Ft: 9999
  • Price Per Sq Ft: 44.90
  • Above Grade Finished Sq Ft: 9999
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 7552.80
  • Assessor Parcel Number: 3019-01313-0000-00010-0000-
  • Tax Year: 2023

MLS Schools

  • School District Name: PHILLIPSBURG PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Sep 10, 2024
Sold by
Building Better Properties Llc
Bought by
Lara Juan M
Seller's Agent
Linda Thell
Queenston Realty, LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$449,000
Sold Price
$515,000
Premium/Discount to List
$66,000
14.7%
Views
98
Current Estimated Value
$529,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,067
Avg. Annual Appreciation
2.44%
Original Mortgage
$471,611
Outstanding Balance
$465,720
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$63,347

Purchase Details

Closed on
Jul 27, 2023
Sold by
Someday Group Llc
Bought by
Building Better Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 8, 2022
Sold by
Mws Properties Llc
Bought by
Someday Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,300
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2018
Sold by
Coyle Kevin Patrick
Bought by
Mws Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2010
Sold by
Coyle Kevin Patrick
Bought by
Coyle Kevin Patrick

Purchase Details

Closed on
Sep 20, 2010
Sold by
Coyle John C and Horvath Maureen
Bought by
Coyle Kevin Patrick

Purchase Details

Closed on
Apr 28, 2003
Sold by
Coyle Mary and Coyle Eileen
Bought by
Coyle Eileen K
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
Lara Juan M $515,000 First Team Title
Lara Juan M $515,000 First Team Title
Building Better Properties Llc $255,000 Foundation Title
Building Better Properties Llc $255,000 Foundation Title
Someday Group Llc $250,000 Maher Gary K
Someday Group Llc $250,000 None Listed On Document
Mws Properties Llc $115,000 None Available
Coyle Kevin Patrick -- None Available
Coyle Kevin Patrick -- None Available
Coyle Eileen K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Juan M $471,611
Closed Lara Juan M $471,611
Previous Owner Building Better Properties Llc $315,000
Previous Owner Someday Group Llc $294,300
Previous Owner Mws Properties Llc $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $515,000 +14.7% $52 / Sq Ft
08/04/2024 08/04/24 For Sale $449,000 -- $45 / Sq Ft
Source: Bright 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 $8,181 $194,000 $27,400 $166,600
2024 $7,553 $180,000 $27,400 $152,600
2023 $7,466 $180,000 $27,400 $152,600
2022 $7,331 $180,000 $27,400 $152,600
2021 $7,331 $180,000 $27,400 $152,600
2020 $7,276 $180,000 $27,400 $152,600
2019 $7,166 $180,000 $27,400 $152,600
2018 $8,300 $208,500 $27,400 $181,100
2017 $8,263 $208,500 $27,400 $181,100
2016 $8,136 $208,500 $27,400 $181,100
2015 $8,073 $208,500 $27,400 $181,100
2014 $7,810 $208,500 $27,400 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJWR2000374

Bright MLS

APN: 19-01313-0000-00010