NOT LISTED FOR SALE

Estimated Value: $603,000 - $1,199,000

-- Bed
-- Bath
2,466 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $2,300,000 $933 Per Sq Ft

Current estimated payment $5,666/month

160 Days on Market

About This Home

As of September 2021

This unit is being sold as part of a 3 building *Package Deal* to consist of the following properties: 1) 472 Cliff Road, Sewaren which is a 6 unit building 2) 73-75 Woodbridge Ave, Sewaren, which is a 5 unit building 3) 97 Woodbridge Ave, which is a 3 unit building Every unit in each building is completely leased. Lease prices and details attached to listing. Great opportunity to earn rental income!

Last Agent to Sell the Property

Robert Durso

RE/MAX SELECT Listed on: 02/23/2021

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,418

Year Built

  • Built in 1876

Lot Details

  • 0.37

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,466 Sq Ft Home
  • 3-Story Property

Parking

  • 6 Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • 0.37 Acre Lot
  • Property is near public transit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,418

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.371
  • Lot Size: 0.00 x 0.00
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1876
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: See Remarks
  • Interior Amenities: See Remarks
  • Living Area: 2466
  • Stories: 3

Exterior Features

  • Lot Features: Near Train, Residential Area
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 16161
  • Zoning: R-15

Tax Info

  • Tax Annual Amount: 13418
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Sep 3, 2021
Sold by
Fndz Realty Llc
Bought by
Jeanette Campbell
Seller's Agent
Robert Durso
RE/MAX SELECT
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$807,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,492,333
Avg. Annual Appreciation
-23.56%
Original Mortgage
$425,000
Outstanding Balance
$390,387
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,613

Purchase Details

Listed on
Feb 23, 2021
Closed on
Aug 23, 2021
Sold by
Fndz Realty Llc
Bought by
Dft Two Llc
Seller's Agent
Robert Durso
RE/MAX SELECT
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$390,387
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,613

Purchase Details

Closed on
Apr 11, 2018
Sold by
Nedza Francis
Bought by
Fndz 472 Cliff Road Llc

Purchase Details

Closed on
Jul 24, 2000
Sold by
Calmco Servicing
Bought by
Nedza Francis
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
Jeanette Campbell -- Surety Title
Joann Fields -- Surety Title
Rick Schwenk -- Surety Title
Dft Two Llc $850,000 Surety Title Company Llc
Fndz 472 Cliff Road Llc -- None Available
Nedza Francis $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dft Two Llc $425,000
Previous Owner Nedza Francis $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $2,300,000 0.0% $933 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $2,300,000 -- $933 / 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 $14,929 $113,100 $26,300 $86,800
2023 $14,929 $113,100 $26,300 $86,800
2022 $14,020 $113,100 $26,300 $86,800
2021 $13,875 $113,100 $26,300 $86,800
2020 $13,418 $113,100 $26,300 $86,800
2019 $13,078 $113,100 $26,300 $86,800
2018 $12,734 $113,100 $26,300 $86,800
2017 $12,477 $113,100 $26,300 $86,800
2016 $12,358 $113,100 $26,300 $86,800
2015 $12,115 $113,100 $26,300 $86,800
2014 $11,827 $113,100 $26,300 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2112691R

All Jersey MLS

APN: 25-00752-0000-00010-01