NOT LISTED FOR SALE

412 59th St West New York, NJ 07093

Estimated Value: $857,000

6 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold October 04, 2022

Last sale price $630,000

Est. 36% increase in value since last sale

Current estimated payment $5,379/month

72 Days on Market

About This Home

As of October 2022

Amazing investment opportunity, property in the center of town! Calling all investors-large 2 family home with a 6.1% cap rate, bring your checkbook! Vinyl siding, total 6 bedrooms, 4 full bathrooms, full finished basement, and full attic. Nice size backyard. Registered rents and leases in place. 1 boiler, 1 gas meter, and 1 hot water boiler. Income producing and conveniently located between Bergenline Ave and Palisade Ave. Sold as is. Current tenants will stay. No oil tank. Motivated sellers! Bring your check book and see it for yourself.

Last Agent to Sell the Property

Angela Sanchez

Century 21 Realty Group Listed on: 02/19/2022

Century 21 Realty Group

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,326

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00028 / 00067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,326

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-854-8888
  • MLS Status: Sold - Sold
  • Directions: Between Bergenline Ave & Palisade Ave
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: Full Finished with full bathroom

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 9326.0
  • Tax Block: 00067
  • Tax Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
West Empire Llc
Bought by
Sharhan Ashraf and Sharhan Arafat
Current Estimated Value
$857,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Chen Ting and Wang Susan
Bought by
West Empire Llc

Purchase Details

Listed on
Oct 2, 2015
Closed on
Aug 17, 2016
Sold by
Paredes Nelosn H
Bought by
Chen Ting and Wang Susan
Seller's Agent
Angela Sanchez
CENTURY 21 REALTY GROUP
Buyer's Agent
Angela Sanchez
CENTURY 21 REALTY GROUP
List Price
$269,999
Sold Price
$250,000
Premium/Discount to List
-$19,999
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Closed on
Aug 27, 2003
Sold by
Grau Pedro and Grau Maria
Bought by
Paredes Nelson H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2000
Sold by
Llanes Nilo R and Llanes Elvira
Bought by
Grau Pedro and Grau Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
8.15%
Mortgage Type
FHA
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
Sharhan Ashraf $630,000 Catic Title
West Empire Llc $250,000 None Available
Chen Ting $250,000 None Available
Paredes Nelson H $301,000 --
Grau Pedro $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharhan Ashraf $409,500
Previous Owner Paredes Nelson H $240,800
Previous Owner Grau Pedro $178,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $630,000 0.0% --
09/30/2022 09/30/22 Sold $630,000 +0.2% --
05/02/2022 05/02/22 Pending -- -- --
02/22/2022 02/22/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $629,000 0.0% --
10/22/2021 10/22/21 For Sale $629,000 +151.6% --
08/31/2016 08/31/16 Sold $250,000 -7.4% --
10/19/2015 10/19/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $269,999 -- --
Source: New 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 $10,018 $121,300 $62,500 $58,800
2024 $9,625 $121,300 $62,500 $58,800
2023 $9,625 $121,300 $62,500 $58,800
2022 $9,415 $121,300 $62,500 $58,800
2021 $9,327 $121,300 $62,500 $58,800
2020 $9,261 $121,300 $62,500 $58,800
2019 $9,929 $131,300 $62,500 $68,800
2018 $10,184 $135,300 $62,500 $72,800
2017 $10,139 $135,300 $62,500 $72,800
2016 $9,877 $135,300 $62,500 $72,800
2015 $9,687 $135,300 $62,500 $72,800
2014 $9,054 $135,300 $62,500 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22005338

New Jersey MLS

APN: 12-00067-0000-00028