NOT LISTED FOR SALE

41 Delafield St New Brunswick, NJ 08901

Estimated Value: $675,000 - $745,000

-- Bed
-- Bath
1,756 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $550,000 $313 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,821/month

64 Days on Market

Highlights

  • Porch
  • Accessibility Features
  • Radiant Heating System

About This Home

As of July 2021

Rented Until May 2022! Come see this RARE 6TH Ward investment property that will not disappoint! How often does a two family rental property in New Brunswick, near a Rutgers campus, come with gross rents of over $50,000 a year!?! Furthermore, when is it ever in turnkey condition? Come see this rare immaculate property featuring two updated kitchens, 3 large bedrooms on each floor, two large living rooms, a front porch, deck off the second floor, a large open basement, off street parking for 4+ cars, a newer roof (2016), newer hot water heater (2020), newer furnace (2018), and much more! 41 Delafield is located near the College Avenue Campus of Rutgers, Saint Peters Hospital, and the New Brunswick train station creating a steady tenant flow each year. Property is currently rented for BOTH the 2020/2021 & 2021/2022 school years! Gross income for the 2021/2022 school year is $4,375/month! Legal for 8.

Last Listed By

Keith Jean-Pierre

RE/MAX FIRST REALTY, INC. Listed on: 04/09/2021

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,246

Year Built

  • Built in 1912

Lot Details

  • 2,801

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Utilities

  • No Cooling
  • Radiant Heating System
  • Underground Utilities
  • Water Heater

Additional Features

  • Accessibility Features
  • Porch
  • 2,801 Sq Ft Lot

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Community Details

Overview

  • Sixth Ward Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,246

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0643
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Sixth Ward
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1912
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Storage Space, Laundry Facilities
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1756
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Exterior Features: Porch(es) - Open
  • Patio And Porch Features: Porch(es) - Open

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiant-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2801
  • Zoning: 6TH

Tax Info

  • Tax Annual Amount: 12246
  • Tax Year: 2020

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
Apr 9, 2021
Closed on
Jul 12, 2021
Sold by
Deignan John and Conte Michael
Bought by
Desai Mehul and Desai Tanvi
Seller's Agent
Keith Jean-Pierre
RE/MAX FIRST REALTY, INC.
List Price
$550,000
Sold Price
$550,000
Total Days on Market
64
Current Estimated Value
$710,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,328
Avg. Annual Appreciation
6.76%
Original Mortgage
$393,750
Outstanding Balance
$361,610
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$348,718

Purchase Details

Closed on
Dec 30, 2014
Sold by
Hub City Holdings Llc
Bought by
Deignan John and Conte Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006

Purchase Details

Closed on
Sep 1, 2005
Sold by
Keefe R Michael
Bought by
White Frank and White Holly

Purchase Details

Closed on
Mar 25, 2002
Sold by
Brown Kimara
Bought by
43 Morrell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.92%
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
Desai Mehul $550,000 Investment Title Llc
Deignan John $535,000 Agent For Old Republic Natl
-- -- --
White Frank $470,000 --
43 Morrell Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Mehul $393,750
Previous Owner Deignan John $375,000
Previous Owner 43 Morrell Llc $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $550,000 0.0% $313 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $550,000 -- $313 / Sq Ft
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 $12,608 $495,800 $206,000 $289,800
2023 $12,608 $495,800 $206,000 $289,800
2022 $12,340 $495,800 $206,000 $289,800
2021 $12,291 $495,800 $206,000 $289,800
2020 $12,246 $495,800 $206,000 $289,800
2019 $12,013 $495,800 $206,000 $289,800
2018 $11,741 $495,800 $206,000 $289,800
2017 $11,274 $495,800 $206,000 $289,800
2016 $7,884 $134,400 $31,800 $102,600
2015 $7,696 $134,400 $31,800 $102,600
2014 $7,559 $134,400 $31,800 $102,600
Source: Public Records

Agents Affiliated with this Home

  • Keith Jean-Pierre

    Seller's Agent in 2021

    Keith Jean-Pierre

    RE/MAX

    (732) 421-3421

    13 in this area

    35 Total Sales

    Keith Jean-Pierre
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Map

Source: All Jersey MLS

MLS Number: 2114897R

All Jersey MLS

APN: 13-00066-0000-00009

New Jersey Middlesex County New Brunswick 08901

41 Delafield St, New Brunswick, NJ

This home is located at 41 Delafield St, New Brunswick, NJ 08901 since 09 April 2021 and is currently estimated at $710,328, approximately $404 per square foot. This property was built in 1912. 41 Delafield St is a home located in Middlesex County with nearby schools including New Brunswick High School.

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