NOT LISTED FOR SALE

48 N Whittier St Carteret, NJ 07008

Estimated Value: $818,758 - $938,000

-- Bed
-- Bath
3,000 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $650,000 $217 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,639/month

72 Days on Market

Highlights

  • Property is near public transit
  • Accessibility Features
  • Level Lot
  • 2 Car Attached Garage
  • Central Air
  • Heating Available

About This Home

As of May 2022

Rents are way below market value. Did not increase or renew tenants lease for 3 years. Basement is like a ground floor and has great potential to convert to a two bedroom apartment.

Last Agent to Sell the Property

MAULIK AMIN

LUMINANCE REALTY Listed on: 03/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,976

Year Built

  • Built in 2006

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Property is near public transit

Listing and Financial Details

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

Community Details

Overview

  • Fourth Mppl Realty & Con Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,976

Year Built

Built in 2006

Lot Details

0

Parking

2

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
  • Subdivision Name: Fourth Mppl Realty & Con
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2006
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Full, Other Room(s), Recreation Room, Interior Entry
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths), Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths)
  • Living Area: 3000
  • Stories: 2

Exterior Features

  • Lot Features: Level, Near Public Transit
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached, 3-4 Car Parking, Paved

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5001

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 11976
  • 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
Mar 5, 2022
Closed on
May 12, 2022
Sold by
48 N Whittier Street Llc
Bought by
Kaur Ramanpreet
Seller's Agent
MAULIK AMIN
LUMINANCE REALTY
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$872,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,190
Avg. Annual Appreciation
8.69%
Original Mortgage
$520,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 7, 2016
Sold by
Jaacome Juan R
Bought by
48 N Whittier Street Llc and 48 N Whittier St Llc
Seller's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$280,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2014
Closed on
Jun 11, 2014
Sold by
Briceno Luis A and Barragan Gloria C
Bought by
Jacome Juan R and Jacome Marcelo F
Seller's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
Buyer's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$304,385
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2006
Sold by
Prieto Jose Luis
Bought by
Vicente Silverio

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
6.14%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Fourth Mppl Corp
Bought by
Prieto Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,425
Interest Rate
6.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaur Ramanpreet $650,000 Patel Mitesh M
Kaur Ramanpreet $650,000 Patel Mitesh M
48 N Whittier Street Llc $350,000 Foundation Title
Jacome Juan R $310,000 First American Title Ins Co
Vicente Silverio $525,000 --
Prieto Jose $429,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaur Ramanpreet $520,000
Previous Owner 48 N Whittier Street Llc $280,000
Previous Owner Jacome Juan R $304,385
Previous Owner Vicente Silverio $420,000
Previous Owner Prieto Jose $322,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2022 06/26/22 Off Market $650,000 -- --
05/16/2022 05/16/22 Sold $650,000 0.0% $217 / Sq Ft
03/05/2022 03/05/22 For Sale $650,000 +85.7% $217 / Sq Ft
12/12/2016 12/12/16 Sold $350,000 0.0% $113 / Sq Ft View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $350,000 +12.9% $113 / Sq Ft
07/03/2014 07/03/14 Sold $310,000 +44.2% $100 / Sq Ft View Prior Sale
06/25/2013 06/25/13 Sold $215,000 -- $69 / Sq Ft View Prior Sale
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 $12,778 $933,800 $330,000 $603,800
2024 $12,449 $400,800 $80,000 $320,800
2023 $12,449 $400,800 $80,000 $320,800
2022 $12,104 $400,800 $80,000 $320,800
2021 $11,976 $400,800 $80,000 $320,800
2020 $11,527 $400,800 $80,000 $320,800
2019 $11,194 $400,800 $80,000 $320,800
2018 $10,930 $400,800 $80,000 $320,800
2017 $10,541 $400,800 $80,000 $320,800
2016 $10,334 $326,300 $70,000 $256,300
2015 $10,184 $326,300 $70,000 $256,300
2014 $9,740 $326,300 $70,000 $256,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MAULIK AMIN

    LUMINANCE REALTY

    (609) 703-6902

    1 in this area

    2 Total Sales

    MAULIK AMIN
    Section Image
  • Jose Quispe

    Seller's Agent in 2016

    Jose Quispe

    WEICHERT REALTORS- QUISPE & ASSOC

    (908) 313-6255

    89 Total Sales

    Jose Quispe
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2210390R

All Jersey MLS

APN: 01-06306-0000-00006-01

New Jersey Middlesex County Carteret 07008

48 N Whittier St, Carteret, NJ

Not Listed for Sale

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