NOT LISTED FOR SALE

489 Florida Grove Rd Perth Amboy, NJ 08861

Estimated Value: $507,000 - $634,000

-- Bed
-- Bath
1,760 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $480,000 $273 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,689/month

77 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Utility Room
  • John F. Kennedy Memorial High School Rated A-
  • Detached Carport Space
  • Hot Water Baseboard Heater

About This Home

As of May 2022

This two family lies in the hard to find section of Hopelawn close to most major highways, shopping centers and Parks. great opportunity here to live in one unit while renting out the other, or could be a great investment. separate utilities. Come & see today! will not last!!!!

Last Agent to Sell the Property

Enrique Hernandez

PETRA BEST REALTY LLC Listed on: 02/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,710

Year Built

  • Built in 1928

Lot Details

  • 4,870 Sq Ft Lot
  • Lot Dimensions are 87.00 x 56.00
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Detached Carport Space

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Underground Utilities
  • 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(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,710

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1118
  • Lot Size: 87.00 x 56.00
  • Ownership: Fee Simple
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1928
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1760
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached Carport, Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4870
  • Zoning: R-5

Tax Info

  • Tax Annual Amount: 7710
  • Tax Year: 2021

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
Feb 23, 2022
Closed on
May 10, 2022
Sold by
Manuel Martinez
Bought by
Lopp Llc
Seller's Agent
Enrique Hernandez
PETRA BEST REALTY LLC
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$555,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,643
Avg. Annual Appreciation
3.63%
Original Mortgage
$360,000
Outstanding Balance
$351,705
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$188,080

Purchase Details

Closed on
Feb 5, 2004
Sold by
Martinez Manuel
Bought by
Martinez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.56%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Oross Robert
Bought by
Guzman Gladys and Martinez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.04%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lopp Llc $480,000 First American Title
Martinez Manuel -- --
Guzman Gladys $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopp Llc $360,000
Previous Owner Martinez Manuel D $211,248
Previous Owner Martinez Manuel D $60,000
Previous Owner Martinez Manuel $249,000
Previous Owner Guzman Gladys $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2022 06/26/22 Off Market $480,000 -- --
05/11/2022 05/11/22 Sold $480,000 0.0% $273 / Sq Ft
02/23/2022 02/23/22 For Sale $480,000 -- $273 / 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 $7,942 $64,200 $18,000 $46,200
2023 $7,942 $64,200 $18,000 $46,200
2022 $7,714 $64,200 $18,000 $46,200
2021 $7,710 $64,200 $18,000 $46,200
2020 $7,444 $64,200 $18,000 $46,200
2019 $7,264 $64,200 $18,000 $46,200
2018 $7,101 $64,200 $18,000 $46,200
2017 $6,969 $64,200 $18,000 $46,200
2016 $6,899 $64,200 $18,000 $46,200
2015 $6,775 $64,200 $18,000 $46,200
2014 $6,597 $64,200 $18,000 $46,200
Source: Public Records

Agents Affiliated with this Home

  • Enrique Hernandez

    Seller's Agent in 2022

    Enrique Hernandez

    PETRA BEST REALTY LLC

    (732) 841-7029

    9 in this area

    136 Total Sales

    Enrique Hernandez
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Map

Source: All Jersey MLS

MLS Number: 2210036R

All Jersey MLS

APN: 25-00202-01-00014-01

New Jersey Middlesex County Perth Amboy 08861

489 Florida Grove Rd, Perth Amboy, NJ

This home is located at 489 Florida Grove Rd, Perth Amboy, NJ 08861 since 23 February 2022 and is currently estimated at $555,643, approximately $315 per square foot. This property was built in 1928. 489 Florida Grove Rd is a home located in Middlesex County with nearby schools including Port Reading Elementary School, Fords Middle School, and John F. Kennedy Memorial High School.

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