NOT LISTED FOR SALE

Estimated Value: $624,438 - $701,000

5 Beds
4 Baths
-- Sq Ft
3,624 Sq Ft Lot

Last Sold January 17, 2023

Last sale price $540,000

Est. 22% increase in value since last sale

Current estimated payment $4,812/month

17 Days on Market

About This Home

As of January 2023

Great investment opportunity and convenient location- 4 unit multi family building, all separate utilities, 3-one bedroom railroad style apartments. 1-two bedroom apartment with walk in closet( 2nd & 3rd floor. All units updated in past 8 years. DeCamp bus and NJ transit local lines at corner, Manhattan Direct train and Newark Light rail to Penn Station, just a few blocks away. Convenient to local shopping, parks, delicious dining and major NJ highways and public transportation Agent Remarks: Sold AS IS.

Last Listed By

Barbara P. Hughes

Brown Harris Stevens New Jersey Listed on: 09/06/2022

Brown Harris Stevens New Jersey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,046

Year Built

  • 1912

Lot Details

  • 3,624 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 00425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,046

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-509-2222
  • MLS Status: Sold - Sold
  • Directions: Slater Pl between Franklin St and NEwark Avenue
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Remarks: UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3624.0

Tax Info

  • Tax Annual Amount: 13046.0
  • Tax Block: 00425
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 17, 2023
Sold by
Mohamed Kalam and Mohamed Roshenara
Bought by
5 Salter Pi Llc
Seller's Agent
Barbara P. Hughes
Brown Harris Stevens New Jersey
Buyer's Agent
Barbara P. Hughes
Brown Harris Stevens New Jersey
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Total Days on Market
17
Views
13
Current Estimated Value
$657,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,860
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Apr 30, 2014
Closed on
Apr 25, 2014
Sold by
Petullo Gerry and Petullo Wendy
Bought by
Mohamed Kalam and Mohamed Roshenara
Seller's Agent
GERRY PETULLO JR.
CENTURY 21 THE CROSSING
Buyer's Agent
Nelson Colon
RE/MAX PROFESSIONALS I
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$251,250
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Braschi Maria
Bought by
Petullo Gerry and Petullo Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.01%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Ddr Realty
Bought by
Braschi Maria and Braschi Nedida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.15%
Mortgage Type
FHA

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
5 Salter Pi Llc $540,000 --
Mohamed Kalam -- None Available
Petullo Gerry $328,000 --
Braschi Maria $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohamed Kalam $251,250
Previous Owner Petullo Gerry $295,200
Previous Owner Braschi Maria $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $540,000 -1.8% --
09/23/2022 09/23/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $550,000 +64.2% --
04/30/2014 04/30/14 Sold $335,000 -- --
Source: New 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 $13,565 $415,100 $121,900 $293,200
2022 $13,292 $415,100 $121,900 $293,200
2021 $13,047 $415,100 $121,900 $293,200
2020 $12,847 $415,100 $121,900 $293,200
2019 $11,601 $291,400 $118,000 $173,400
2018 $11,551 $291,400 $118,000 $173,400
2017 $11,376 $291,400 $118,000 $173,400
2016 $11,248 $291,400 $118,000 $173,400
2015 $11,146 $291,400 $118,000 $173,400
2014 $10,942 $291,400 $118,000 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22032834

New Jersey MLS

APN: 02-00425-0000-00011