$1,241,000
SOLD MAR 27, 2025

48 Delafield St New Brunswick, NJ 08901

-- Bed
-- Bath
-- Sq Ft
5,001 Sq Ft Lot

Recently Sold

3% Above List Price

7 Days on Market

About This Home

As of March 2025

48 Delafield St! Great Investment Opportunity rented through May 2026. Close to Rutgers University College Ave Campus. This Two-Family house was built in 2004, with central air/heat, fully sprinklered on a 50'x100' lot. Currently collecting $9100 per month, starting in June 2025 this property will achieve $10,000 per month. Each unit has 5 bedrooms and 3 full bathrooms. Tenants pay all utilities.

Last Agent to Sell the Property

Andrew Wright

KELLER WILLIAMS ELITE REALTORS Listed on: 01/07/2025

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,340

Year Built

  • Built in 2004

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Finished Basement
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

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

$22,340

Year Built

Built in 2004

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
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2004
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Washer), Unit 2(Dryer,Washer)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, Storage Space, Utility Room
  • Interior Amenities: Unit 1(Kitchen,5+ Bedrooms,Living Room,2+ Baths), Unit 2(Kitchen,5+ Bedrooms,Living Room,2+ Baths)
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks

Garage/Parking

  • Parking Features: 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-5A

Tax Info

  • Tax Annual Amount: 22340
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 26, 2025
Sold by
48 Delafield Street Llc
Bought by
Sathyanarayana Savitha and Gopal Nagesh
Seller's Agent
Andrew Wright
KELLER WILLIAMS ELITE REALTORS
List Price
$1,210,000
Sold Price
$1,241,000
Premium/Discount to List
$31,000
2.56%
Views
19
Current Estimated Value
$1,246,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,266
Avg. Annual Appreciation
1.12%
Original Mortgage
$660,000
Outstanding Balance
$660,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$586,266

Purchase Details

Closed on
Dec 16, 2004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Plaskon Paul
Bought by
Ward Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.34%
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 Type Sale Price Title Company
Deed $1,241,000 Foundation Title
Deed $1,241,000 Foundation Title
Deed $987,500 --
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Closed $660,000 New Conventional
Previous Owner $975,000 Unknown
Previous Owner $712,000 Purchase Money Mortgage
Previous Owner $270,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $1,241,000 +2.6% --
01/07/2025 01/07/25 For Sale $1,210,000 -- --
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 $21,692 $853,000 $250,000 $603,000
2023 $21,692 $853,000 $250,000 $603,000
2022 $24,163 $970,800 $250,000 $720,800
2021 $17,926 $970,800 $250,000 $720,800
2020 $23,979 $970,800 $250,000 $720,800
2019 $23,522 $970,800 $250,000 $720,800
2018 $22,989 $970,800 $250,000 $720,800
2017 $22,076 $970,800 $250,000 $720,800
2016 $29,330 $500,000 $100,000 $400,000
2015 $28,630 $500,000 $100,000 $400,000
2014 $21,827 $388,100 $45,000 $343,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2507777R

All Jersey MLS

APN: 13-00065-0000-00026-01