NOT LISTED FOR SALE

47 Marion St Port Reading, NJ 07064

Estimated Value: $660,000 - $809,000

-- Bed
-- Bath
3,120 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $610,000 $196 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,879/month

70 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shed
  • Private Yard
  • Patio
  • Attic Fan

About This Home

As of January 2023

Opportunity is knocking! Beautifully maintained MultiFamily home with Finished Basement + Attic in the heart of Port Reading boasts 2 spacious units & endless possibilities. Each unit offers 3 Beds, 1 Bath, generous Living space, Dining room & Eat-in Kitchen, with plenty of space for comfort & easy living. Gleaming HW flrs, ceramic tiling in Kitchen & a crisp neutral palette throughout that is easy to customize. Plenty of natural light, too! Finished Attic offers a versatile Bonus Rm & Bedroom with plush carpet + extra storage space. Finished Basement is an added bonus with a 3rd Full Bath, Rec Rm, Storage Rm + Laundry rm. Big Backyard with Patio, Pergola & 2 storage sheds is great for entertaining & is completely fenced-in for your privacy. An excellent investment property to rent out, or great for extended family! Great location, close to shopping, dining, parks, schools & major rds for an easy commute. All of this & so much more! Come & see TODAY!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 11/11/2022

RE/MAX 1st ADVANTAGE

Co-Listed By

Michael Laico

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,775

Year Built

  • Built in 1921

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00
  • Private Entrance
  • Fenced
  • Level Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Utility Room
  • Attic Fan
  • Oven or Range

Partially Finished Basement

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

Home Security

  • Storm Screens
  • Storm Doors

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel water gas), unit 2 owner pays(electric fuel water gas)

Community Details

Amenities

  • Community Storage Space

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,775

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 100.00 x 50.00
  • Co List Office Mls Id: RFIR01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1921
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Partially Finished, Full, Bath Full, Daylight, Exterior Entry, Recreation Room, Storage Space, Interior Entry, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3120
  • Stories: 2
  • Window Features: Screen/Storm Window, Blinds, Screens/Storms

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Level, Near Public Transit
  • Exterior Features: Patio, Curbs, Porch(es) - Open, Screen/Storm Window, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Storage Shed, Yard, Blinds, Semi-Private Entry, Porch, Storage Area-Common, Screens/Storms
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Attic Fan
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-6

Tax Info

  • Tax Annual Amount: 10775
  • Tax Year: 2021

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 18, 2023
Sold by
Diaz Alma and Diaz Eugene David
Bought by
Bosh Samaan Peter Safawat and Ishac Samaan Safwat
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$599,900
Sold Price
$610,000
Premium/Discount to List
$10,100
1.68%
Views
59
Current Estimated Value
$730,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,292
Avg. Annual Appreciation
9.17%
Original Mortgage
$612,697
Outstanding Balance
$593,403
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$176,249

Purchase Details

Closed on
Apr 28, 2015
Sold by
Rodriguez Jose and Rodriguez Fabiola Arbelaez De
Bought by
Ruiz Rosita Ortiz and Diaz Alma

Purchase Details

Closed on
May 8, 2004

Purchase Details

Closed on
Oct 9, 2002
Sold by
Raite Mary
Bought by
Rodriquez Jose and Rodriquez John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,157
Interest Rate
6.07%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Bosh Samaan Peter Safawat $624,000 Stewart Title
Ruiz Rosita Ortiz $370,000 Chicago Title Insurance Co
-- -- --
Rodriquez Jose $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosh Samaan Peter Safawat $612,697
Previous Owner Rodriguez Jose $106,555
Previous Owner Rodriquez Jose $233,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $610,000 +1.7% $196 / Sq Ft
11/11/2022 11/11/22 For Sale $599,900 -- $192 / 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
2025 $11,857 $89,000 $18,000 $71,000
2024 $11,512 $89,000 $18,000 $71,000
2023 $11,512 $89,000 $18,000 $71,000
2022 $11,227 $89,000 $18,000 $71,000
2021 $10,775 $89,000 $18,000 $71,000
2020 $10,416 $89,000 $18,000 $71,000
2019 $10,119 $89,000 $18,000 $71,000
2018 $9,915 $89,000 $18,000 $71,000
2017 $9,169 $84,000 $18,000 $66,000
2016 $9,078 $84,000 $18,000 $66,000
2015 $8,891 $84,000 $18,000 $66,000
2014 $8,661 $84,000 $18,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2305681R

All Jersey MLS

APN: 25-01079-13-00030