NOT LISTED FOR SALE

Estimated Value: $689,000 - $757,000

8 Beds
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $690,000

Est. 6% increase in value since last sale

Current estimated payment $4,840/month

180 Days on Market

Highlights

  • Waterfront
  • Zoned Heating
  • 3-minute walk to Thomas Mundy Peterson Park
  • Cooling Available
  • Baseboard Heating

About This Home

As of April 2024

Calling all investors. The best investment property on the market with water views of beautiful Perth Amboy, short distance from stunning Perth Amboy marina and restaurants. Do not miss this opportunity to own this gem. This is three family home has a lot to offer, bring your clients to see for themselves. New windows, and siding done in 2023. Both first /second floor apartments consist of 3 bedrooms and 1 bath, third floor has 2 bedrooms and1 bath. Property being sold AS IS with tenants occupying two out of tree units. Long term tenants on a month to month basis.

Last Agent to Sell the Property

Valerie Davidson

Dreamlife Realty Services Corp License #2079741 Listed on: 09/12/2023

Co-Listed By

Olga Orak

Dreamlife Realty Services Corp License #9910700

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,223

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 32x47
  • Waterfront

Home Design

  • Triplex

Interior Spaces

  • 3-Story Property
  • Water Views
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, association fees
  • Assessor Parcel Number 16-00235-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,223

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 1644
  • Co List Office Phone: 732-536-5355
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1890
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 32x47
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Electric3: Yes
  • Cooling Single Zone Heat: Yes
  • Basement Shared Storage3: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Shared Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 3

Exterior Features

  • Acres: 0.04
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 32x47
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00235-0000-00001
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Association Fees

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9223.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Apr 24, 2024
Sold by
56 Broad Street Llc
Bought by
Italysts Llc
Seller's Agent
Valerie Davidson
Dreamlife Realty Services Corp
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$740,000
Sold Price
$690,000
Premium/Discount to List
-$50,000
-6.76%
Views
684
Current Estimated Value
$728,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,571
Avg. Annual Appreciation
3.85%
Original Mortgage
$552,000
Outstanding Balance
$544,051
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$184,520

Purchase Details

Closed on
Aug 2, 2019
Sold by
Watts Christopher
Bought by
56 Broad Street Llc

Purchase Details

Closed on
Dec 21, 2018
Sold by
Watts Virginia G and The Last Will Ant Testament Of
Bought by
Watts Christopher

Purchase Details

Closed on
Oct 14, 2016
Sold by
Watts Kennetgh
Bought by
Watts Kennetgh and Watts Virginia G
Source: Public Records

Range of Values:

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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
Italysts Llc $690,000 Simplicity Title
Italysts Llc $690,000 Simplicity Title
56 Broad Street Llc -- None Available
Watts Christopher -- None Available
Watts Kennetgh -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Italysts Llc $552,000
Closed Italysts Llc $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $690,000 -4.2% --
03/11/2024 03/11/24 Pending -- -- --
11/14/2023 11/14/23 Price Changed $720,000 -2.7% --
09/12/2023 09/12/23 For Sale $740,000 -- --
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
2025 $11,724 $388,600 $71,800 $316,800
2024 $9,334 $388,600 $71,800 $316,800
2023 $9,334 $310,000 $71,800 $238,200
2022 $9,223 $310,000 $71,800 $238,200
2021 $9,235 $310,000 $71,800 $238,200
2020 $9,232 $310,000 $71,800 $238,200
2019 $9,266 $310,000 $71,800 $238,200
2018 $8,935 $310,000 $71,800 $238,200
2017 $8,917 $310,000 $71,800 $238,200
2016 $8,928 $310,000 $71,800 $238,200
2015 $8,740 $310,000 $71,800 $238,200
2014 $8,796 $310,000 $71,800 $238,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22325502

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00235-0000-00001