NOT LISTED FOR SALE

500 Brinkerhoff Ave Fort Lee, NJ 07024

Estimated Value: $1,116,000 - $1,288,000

8 Beds
6 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $955,000

Est. 28% increase in value since last sale

Current estimated payment $7,552/month

165 Days on Market

About This Home

As of September 2022

RARE FIND ALL BRICK FOUR UNIT INVESTMENT PROPERTY IN FORT LEE NESTLED AMONGST MILLION DOLLAR HOMES ON A BEAUTIFUL QUIET STREET. PRIME LOCATION NEAR SCHOOL,INWOOD PARK/POOL,SHOPPING,HOUSES OF WORSHIP,. RECENTLY UPDATED FOUR BATHROOMS. GREAT TENANTS PAY ON TIME & PROPERTY WILL BE DELIVERED FULLY OCCUPIED.LARGE YARD,SIX OFF STREET PARKING FOR ADDITIONAL INCOME.RENT CONTROL,INCOME & EXPENSE LISTED,CAP RATE APPROX 4% PROJECTED $INCOME GROWTH FOR LONG TERM INVESTOR.

Last Agent to Sell the Property

Mimi Messerian

Coldwell Banker, Fort Lee Listed on: 04/07/2022

Coldwell Banker, Fort Lee

Last Buyer's Agent

Alex Yim

Kingstone Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,600

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00010 / 01151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,600

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-945-1070
  • MLS Status: Sold - Sold
  • Directions: CORNER OF BRINKERHOFF AND INWOOD
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Basement Remarks: PARTIAL FINISHED

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 13600.0
  • Tax Block: 01151
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Kyoungsung Usa Llc
Bought by
Kyoungsung Usa Llc
Current Estimated Value
$1,223,715

Purchase Details

Listed on
Apr 7, 2022
Closed on
Sep 20, 2022
Sold by
457 Sylvan Avenue Llc
Bought by
Kyoungsung Usa Llc
Seller's Agent
Mimi Messerian
Coldwell Banker, Fort Lee
Buyer's Agent
Alex Yim
Kingstone Realty LLC
List Price
$1,040,000
Sold Price
$955,000
Premium/Discount to List
-$85,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$475,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2018
Sold by
Torres Angel R and Torres Aleyda H
Bought by
457 Sylvan Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1994
Sold by
Bertolini Robert
Bought by
Torres Angel and Crus Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
8.44%
Source: Public Records
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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
Kyoungsung Usa Llc -- Land Title
Kyoungsung Usa Llc -- Land Title
Kyoungsung Usa Llc $955,000 Blueland Title Agency
Kyoungsung Usa Llc $955,000 Blueland Title Agency
457 Sylvan Avenue Llc $570,000 --
Torres Angel $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kyoungsung Usa Llc $475,000
Previous Owner 457 Sylvan Avenue Llc $300,000
Previous Owner Torres Angel $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $955,000 -8.2% --
09/19/2022 09/19/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $1,040,000 +4.1% --
04/25/2022 04/25/22 Price Changed $999,000 -3.9% --
04/07/2022 04/07/22 For Sale $1,040,000 -- --
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
2025 $14,599 $560,000 $323,000 $237,000
2024 $13,854 $560,000 $323,000 $237,000
2023 $13,905 $560,000 $323,000 $237,000
2022 $13,905 $560,000 $323,000 $237,000
2021 $13,619 $560,000 $323,000 $237,000
2020 $13,490 $560,000 $323,000 $237,000
2019 $16,287 $692,200 $323,000 $369,200
2018 $15,907 $692,200 $323,000 $369,200
2017 $15,727 $692,200 $323,000 $369,200
2016 $15,602 $692,200 $323,000 $369,200
2015 $15,242 $692,200 $323,000 $369,200
2014 $14,958 $692,200 $323,000 $369,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22011809

New Jersey MLS

APN: 19-01151-0000-00010