NOT LISTED FOR SALE

491 Port Reading Ave Port Reading, NJ 07064

Estimated Value: $490,514 - $617,000

-- Bed
-- Bath
3,432 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $550,000 $160 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,947/month

51 Days on Market

Highlights

  • Property is near public transit
  • Central Air
  • Hot Water Baseboard Heater
  • Corner Lot

About This Home

As of April 2024

This corner 2 family home property is beautifully located near public park on a quiet street. Close to all major transportation services, this property has been well maintained and renovated numerous times to be kept up to date with beautiful touches and finishes. 1st floor unit provides 3 beds and 2 baths with separate entrance while 2nd floor provides 3 beds with 1 bath.

Last Listed By

Juan Gomez

KELLER WILLIAMS REALTY Listed on: 01/12/2024

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,070

Year Built

  • Built in 1961

Lot Details

  • 3,432 Sq Ft Lot
  • Lot Dimensions are 67.00 x 0.00
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Available at Street
  • 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(electric fuel water gas), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,070

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0788
  • Lot Size: 67.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1961
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(Water)
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,2+ Baths), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room)
  • Living Area: 3432
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Exterior Features: Sidewalk
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street, 4(+)Car Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 3432
  • Zoning: B-1

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 9070
  • Tax Year: 2022

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
Jan 12, 2024
Closed on
Apr 25, 2024
Sold by
Urquia Miriam
Bought by
Starr Alexander
Seller's Agent
Juan Gomez
KELLER WILLIAMS REALTY
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Total Days on Market
51
Views
156
Current Estimated Value
$572,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,129
Avg. Annual Appreciation
3.94%
Original Mortgage
$440,000
Outstanding Balance
$435,504
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$136,625

Purchase Details

Closed on
Dec 27, 2006
Sold by
Torrealba Nelson
Bought by
Urquia Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Schiavo Patricia
Bought by
Torrealba Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

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
Starr Alexander $550,000 American Land Title
Urquia Miriam $400,000 --
Torrealba Nelson $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starr Alexander $440,000
Previous Owner Urquia Miriam $320,000
Previous Owner Torrealba Nelson $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $550,000 +10.2% $160 / Sq Ft
01/12/2024 01/12/24 For Sale $499,000 -- $145 / 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 $9,300 $71,900 $16,400 $55,500
2023 $9,300 $71,900 $16,400 $55,500
2022 $9,070 $71,900 $16,400 $55,500
2021 $8,705 $71,900 $16,400 $55,500
2020 $8,414 $71,900 $16,400 $55,500
2019 $8,175 $71,900 $16,400 $55,500
2018 $8,010 $71,900 $16,400 $55,500
2017 $7,849 $71,900 $16,400 $55,500
2016 $7,770 $71,900 $16,400 $55,500
2015 $7,610 $71,900 $16,400 $55,500
2014 $7,414 $71,900 $16,400 $55,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Juan Gomez

    KELLER WILLIAMS REALTY

    (908) 416-5975

    1 in this area

    6 Total Sales

    Juan Gomez
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2407055R

All Jersey MLS

APN: 25-00649-01-00014

New Jersey Middlesex County Port Reading 07064

491 Port Reading Ave, Port Reading, NJ

Homes for Sale in Port Reading, NJ

This home is located at 491 Port Reading Ave, Port Reading, NJ 07064 since 12 January 2024 and is currently estimated at $572,129, approximately $166 per square foot. This property was built in 1961. 491 Port Reading Ave is a home located in Middlesex County with nearby schools including Matthew Jago Elementary School, Avenel Middle School, and Woodbridge High School.

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