NOT LISTED FOR SALE

Estimated Value: $483,771 - $631,000

-- Bed
-- Bath
1,768 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $401,000 $227 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,734/month

113 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • 4-minute walk to Kossuth Park

About This Home

As of July 2020

Come see this RARE 5TH Ward investment property that is only a few blocks from Rutgers College Avenue Campus! This property is in IMMACULATE condition and features newer kitchens, 2 large bedrooms plus a bonus living area in each apartment, a huge attic space, a large open basement, off street driveway parking, a 2 car garage, newer furnace in one unit, newer hot water heater, and much much more. First floor is currently rented for $1450/month, second floor is rented for $1400/month, bringing the gross income to $2850/month! House is legal for 4 people. Current tenants are leased until May 31st 2020 and the best part, the landlord has already leased the property for the 2020/2021 school year. This is truly the turnkey investment property you have been looking for. Schedule your appointment today, before this deal is gone! Asking price is the opening bid. Best and final offers due by Tuesday 02/25/20 at 12PM. THERE WILL BE NO EXCEPTIONS! Property is sold as is with no warranties implied or expressed. Buyer is responsible for CO/Smoke Certification. THIS IS NOT, I REPEAT, NOT A SHORT SALE, PRE-FORECLOSURE or FORECLOSURE!!! Submit your bid today to live the dream!

Last Listed By

Keith Jean-Pierre

RE/MAX FIRST REALTY, INC. Listed on: 02/21/2020

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,475

Year Built

  • Built in 1917

Lot Details

  • 3,885 Sq Ft Lot
  • Lot Dimensions are 37 x 105

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Underground Utilities
  • Water Heater

Community Details

  • 5Th Ward Subdivision
  • 2 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,475

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0892
  • Lot Size: 37 x 105
  • Ownership: Fee Simple
  • Subdivision Name: 5th Ward
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1917
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full
  • Interior Amenities: Unit 1(2 Bedrooms,1 Bath), Unit 2(2 Bedrooms,1 Bath)
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3885

Tax Info

  • Tax Annual Amount: 7475
  • Tax Year: 2019

Multi Family

  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Sonykiran Rao
Bought by
Om Estates Llc
Total Days on Market
113
Current Estimated Value
$548,693

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jul 2, 2020
Sold by
Liu Ming Cheng and Liu Evaline Y
Bought by
Rao Sonykiran
Seller's Agent
Keith Jean-Pierre
RE/MAX FIRST REALTY, INC.
List Price
$401,000
Sold Price
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$367,215
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2011
Sold by
Szemere Alexander
Bought by
Liu Evaline Y and Liu Ming Cheng

Purchase Details

Closed on
Aug 18, 2009
Sold by
Szemere Alexander
Bought by
Liu Ming Cheng and Liu Evaline Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in New Brunswick, NJ

Range of Values:

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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
Om Estates Llc -- Rosenberg Adam G
Rao Sonykiran $401,000 Unitas Title Agency Llc
Liu Evaline Y $341,888 None Available
Liu Ming Cheng $341,888 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Sonykiran $367,215
Previous Owner Liu Ming Cheng $237,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $401,000 0.0% $227 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $401,000 -- $227 / 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 $7,845 $308,500 $115,800 $192,700
2023 $7,845 $308,500 $115,800 $192,700
2022 $7,679 $308,500 $115,800 $192,700
2021 $7,648 $308,500 $115,800 $192,700
2020 $7,620 $308,500 $115,800 $192,700
2019 $7,475 $308,500 $115,800 $192,700
2018 $7,305 $308,500 $115,800 $192,700
2017 $7,015 $308,500 $115,800 $192,700
2016 $7,825 $133,400 $34,800 $98,600
2015 $7,638 $133,400 $34,800 $98,600
2014 $7,502 $133,400 $34,800 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2012062

All Jersey MLS

APN: 13-00417-0000-00012