$750,000
SOLD MAR 12, 2025

45-51 Roosevelt Ave Plainfield, NJ 07060

-- Bed
-- Bath
1,995 Sq Ft
7,967 Sq Ft Lot

Recently Sold

$376 Per Sq Ft

15% Above List Price

9 Days on Market

Highlights

  • Private Yard
  • Baseboard Heating
  • Level Lot
  • Enclosed Patio or Porch
  • Utility Room

About This Home

As of March 2025

Investment Opportunity - Beautiful 2-Family Home Totally Renovated in 2020. This stunning 2-family property offers a seamless blend of modern upgrades and timeless charm, making it ideal for both investors and homeowners.Prime Location (9 minutes w/d from Plainfield train station):Just 1 hour from Manhattan-34th Street Penn Station, offering an effortless commute.Conveniently located near Plainfield Train Station, shopping, restaurants, and downtown Plainfield's vibrant lifestyle.Property Highlights:Unit 1: 2 bedrooms, 1 bathroom.Unit 2: 4 bedrooms, 1 bathroom.Additional rooms and full bath in the lower level.Enormous yard with space on the side and back of the lot.Oversized Lot (7,826.51 sqft).Separate utilities tenants pay for heat and hot water.Zoned R4, not in a flood area.Parking and Utilities:Driveway with a 3-car capacity and blacktop surface.Public water and gas, window AC.Income Potential:This property offers a possible yearly income of $72,000, making it a lucrative investment opportunity.This is a rare opportunity to own a beautifully renovated property in excellent condition. Whether you're looking for a home with rental income potential or a smart investment, this property checks all the boxes. Act fast this won't last long. Taxes $9,325/Y

Last Agent to Sell the Property

JUAN MARSHALL

SIGNATURE REALTY NJ Listed on: 01/13/2025

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,234

Year Built

  • Built in 2020

Lot Details

  • 7,967 Sq Ft Lot
  • Lot Dimensions are 106.00 x 75.00
  • Level Lot
  • Irregular Lot
  • Private Yard

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 1,995 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Utility Room
  • Storm Screens
  • Oven or Range

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Furnace
  • Baseboard Heating
  • Underground Utilities
  • Gas Available at Street
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,234

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1829
  • Lot Size: 106.00 x 75.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Electric,See Remarks,Gas), Unit 2 Owner Pays(Electric,See Remarks,Gas)
  • Has Basement: Full, Finished, Bath Full, Other Room(s), Daylight, Exterior Entry, Recreation Room, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(Dining Room,4 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 1995
  • Stories: 2
  • Window Features: Screen/Storm Window, Insulated Windows

Exterior Features

  • Lot Features: See Remarks, Irregular Lot, Level
  • Direction Faces: North
  • Exterior Features: Patio, Porch(es) - Enclosed, Screen/Storm Window, Sidewalk, Windows - Insulated Pane, Yard
  • Patio And Porch Features: Patio, Enclosed
  • Roof: Asphalt, Flat

Garage/Parking

  • Parking Features: 1-2 Car Parking, 3-4 Car Parking, Assigned, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected, Gas In Street
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7967
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 9234
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Mar 4, 2025
Sold by
Vargas Marcelino J
Bought by
Menjivar Dennis V Hercules and Escobar Hugo A
Seller's Agent
JUAN MARSHALL
SIGNATURE REALTY NJ
List Price
$649,999
Sold Price
$750,000
Premium/Discount to List
$100,001
15.38%
Views
28
Current Estimated Value
$710,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,649
Avg. Annual Appreciation
-10.70%
Original Mortgage
$736,415
Outstanding Balance
$732,660
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
-$22,309

Purchase Details

Closed on
Jul 20, 2021
Sold by
Walter Jose Galarza
Bought by
Vargas Marcelino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
2.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2021
Sold by
Walter Jose Galarza
Bought by
Vargas Marcelino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
2.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2021
Sold by
Bas Realty Llc
Bought by
Walter Jose Galarza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,506
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 16, 2019
Sold by
Military Warrios Support Foundation
Bought by
Bas Realty Llc
Seller's Agent
Amira Boykins
RE/MAX FIRST REALTY II
Buyer's Agent
Henry Perez
GOLD TEAM REALTY
List Price
$64,900
Sold Price
$90,000
Premium/Discount to List
$25,100
38.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.68%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Bank Of America Na
Bought by
Military Warriors Support Foundation

Purchase Details

Closed on
Apr 16, 2019
Sold by
Euceda Alexis M
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 16, 2007
Sold by
Delrio Eva and Too Walter
Bought by
Euceda Alexis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2006
Sold by
Pavon Franklin
Bought by
Delrio Eva and Cruz Edwin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,950
Interest Rate
6.31%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Dinardi Michael and Espinosa Francisco
Bought by
Vega Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.69%

Purchase Details

Closed on
Dec 20, 2000
Sold by
Rogel Jorge A
Bought by
Dinardi Michael and Espinosa Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.69%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Bank One
Bought by
Rogel Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.69%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Douglas Leroy
Bought by
Ocwen Federal Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.69%

Purchase Details

Closed on
Aug 6, 1998
Sold by
Mezzo Anthony
Bought by
Douglas Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.75%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Lauria Concetta and Venitelli Linda
Bought by
Mezzo Anthony
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 Type Sale Price Title Company
Deed $750,000 Old Republic Title
Deed $750,000 Old Republic Title
Bargain Sale Deed $460,000 First American Title
Deed $460,000 First American Title
Bargain Sale Deed $300,000 Residential Commercial Title
Bargain Sale Deed $300,000 Old Republic Title
Bargain Sale Deed $90,000 Res Title
Limited Warranty Deed -- Mortgage Connect Lp
Sheriffs Deed $53,000 None Available
Bargain Sale Deed $340,000 Supreme Title Agency Llc
Deed $298,700 --
Deed $100,000 --
Deed $49,000 First American Title Ins Co
Deed $49,000 First American Title Ins Co
Sheriffs Deed -- --
Deed $85,000 --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $736,415 FHA
Closed $736,415 FHA
Previous Owner $451,668 FHA
Previous Owner $451,668 FHA
Previous Owner $294,506 FHA
Previous Owner $294,566 FHA
Previous Owner $272,000 New Conventional
Previous Owner $68,000 Credit Line Revolving
Previous Owner $238,950 No Value Available
Previous Owner $161,500 Unknown
Previous Owner $90,000 No Value Available
Previous Owner $68,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $750,000 +15.4% $376 / Sq Ft
01/14/2025 01/14/25 For Sale $649,999 +622.2% $326 / Sq Ft
12/23/2019 12/23/19 Sold $90,000 +38.7% --
10/25/2019 10/25/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $64,900 -- --
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 $9,234 $106,800 $50,000 $56,800
2023 $9,234 $106,800 $50,000 $56,800
2022 $9,034 $106,800 $50,000 $56,800
2021 $7,521 $89,700 $50,000 $39,700
2020 $7,500 $89,700 $50,000 $39,700
2019 $7,500 $89,700 $50,000 $39,700
2018 $7,343 $89,700 $50,000 $39,700
2017 $7,163 $89,700 $50,000 $39,700
2016 $7,017 $89,700 $50,000 $39,700
2015 $6,810 $89,700 $50,000 $39,700
2014 -- $89,700 $50,000 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2507859R

All Jersey MLS

APN: 12-00318-0000-00003