NOT LISTED FOR SALE

49 Washington St South River, NJ 08882

Estimated Value: $497,143 - $544,000

-- Bed
-- Bath
1,860 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $425,000 $228 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,218/month

66 Days on Market

Highlights

  • Property is near public transit
  • Air Conditioning
  • Hot Water Baseboard Heater

About This Home

As of September 2022

Investment opportunity in prime commuter location conveniently located to downtown shops and shopping area. Large 2 family home offers you a wealth of opportunity. Rent both units or live in one and supplement your income by renting the other. Unit 1 consists of 2 Bedrooms 1 Bath, Unit 2 boasts 2 Bedrooms 1 Bath. This home features hardwood floors ,newer windows, updated bathroomsp plus detached shed fully finised as Apt studio w/full bath for more living space. Seperate utilities & private entrances, too! Conveniently located to shopping, dining, parks, schools, Rte 18 & public transit, a Commuter's Dream! All of this & more. Come see for yourself, opportunity is knocking! Showing starts 7/10/22 at open house 1-4 Pm.

Last Agent to Sell the Property

Nevin Ashamalla

COLDWELL BANKER REALTY Listed on: 07/10/2022

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1906

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 30.00

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Community Details

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

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

$5,796

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0689
  • Lot Size: 100.00 x 30.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1906
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Other Room(s), Interior Entry
  • Interior Amenities: Unit 1(1 Bedroom,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,2 Bedrooms,Kitchen,1 Bath)
  • Living Area: 1860
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3001
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 5796
  • 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
Jul 10, 2022
Closed on
Aug 6, 2022
Sold by
Batista Alejandrina and Batista Craig
Bought by
Vicente Derodriguez Wander and Rodri Veras Alexander
Seller's Agent
Nevin Ashamalla
COLDWELL BANKER REALTY
List Price
$389,999
Sold Price
$425,000
Premium/Discount to List
$35,001
8.97%
Views
22
Current Estimated Value
$494,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,423
Avg. Annual Appreciation
6.63%
Original Mortgage
$403,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Faustino Marilia M and Machado Anabela
Bought by
Riggins Alejandrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
5.12%
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
Vicente Derodriguez Wander $425,000 --
Riggins Alejandrina $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vicente Derodriguez Wander $403,750
Previous Owner Riggins Alejandrina R $31,898
Previous Owner Riggins Alejandrina $201,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $425,000 +9.0% $228 / Sq Ft
07/10/2022 07/10/22 For Sale $389,999 -- $210 / 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 $6,128 $248,000 $82,300 $165,700
2023 $6,128 $248,000 $82,300 $165,700
2022 $6,021 $248,000 $82,300 $165,700
2021 $4,316 $248,000 $82,300 $165,700
2020 $5,672 $248,000 $82,300 $165,700
2019 $5,469 $66,400 $14,800 $51,600
2018 $5,338 $66,400 $14,800 $51,600
2017 $5,143 $66,400 $14,800 $51,600
2016 $4,948 $66,400 $14,800 $51,600
2015 $4,837 $66,400 $14,800 $51,600
2014 $4,726 $66,400 $14,800 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2300257R

All Jersey MLS

APN: 23-00161-0000-00023