NOT LISTED FOR SALE

Estimated Value: $782,768 - $921,000

9 Beds
5 Baths
-- Sq Ft
3,938 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $630,000

Est. 37% increase in value since last sale

Current estimated payment $5,776/month

47 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Rectangular Lot

About This Home

As of July 2021

An investor's dream, over 7% cap rate. Well maintained multi-family, second owner.

Last Listed By

Federico Sanchez

Weichert Realtors, Clifton Listed on: 03/17/2021

Weichert Realtors, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,149

Year Built

  • 2003

Lot Details

  • 3,938 Sq Ft Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Brick Exterior Construction
  • Synthetic Stucco Exterior
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 071401954 000270001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,149

Year Built

2003

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built (Public Record): 2000's
  • Miscellaneous: Sprinklers, WW/Carpet As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 18
  • Fireplace: None
  • Bedrooms: 9
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: None
  • Laundry: Hook Ups, In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl, Fabricated Stucco

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00027
  • Estimated Lot Sq Ft: 3938
  • Lot Suffux: 0001
  • Lot Description: Regular

Tax Info

  • Tax: 10149
  • Assessor Parcel Number: 071401954 000270001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jul 6, 2021
Sold by
Austin Teresa
Bought by
Onyemakonor Godday I
Seller's Agent
Federico Sanchez
Weichert Realtors, Clifton
Buyer's Agent
Outside Agent
Outside Office
List Price
$560,000
Sold Price
$630,000
Premium/Discount to List
$70,000
12.5%
Total Days on Market
47
Current Estimated Value
$864,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,192
Avg. Annual Appreciation
8.72%
Original Mortgage
$466,200
Outstanding Balance
$427,562
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$436,630

Purchase Details

Closed on
Jan 5, 2005
Sold by
Montalvo Richard
Bought by
Austin Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Giant Deal
Bought by
Montalvo Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.9%

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
Onyemakonor Godday I $630,000 Vital Abstract Llc
Austin Teresa $525,000 --
Montalvo Richard $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onyemakonor Godday I $466,200
Previous Owner Austin Teresa $420,000
Previous Owner Austin Teresa $105,000
Previous Owner Austin Teresa $420,000
Previous Owner Montalvo Richard $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $630,000 +12.5% --
05/03/2021 05/03/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $560,000 -- --
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
2024 $11,821 $317,100 $31,000 $286,100
2022 $9,979 $267,100 $31,000 $236,100
2021 $9,974 $267,100 $31,000 $236,100
2020 $10,150 $267,100 $31,000 $236,100
2019 $10,046 $267,100 $31,000 $236,100
2018 $9,864 $267,100 $31,000 $236,100
2017 $9,509 $267,100 $31,000 $236,100
2016 $9,188 $267,100 $31,000 $236,100
2015 $8,838 $267,100 $31,000 $236,100
2014 $8,283 $267,100 $31,000 $236,100
Source: Public Records

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Source: New Jersey MLS

MLS Number: 21009658

New Jersey MLS

APN: 14-01954-0000-00027-01