NOT LISTED FOR SALE

502 Braun Ave Highland Park, NJ 08904

Estimated Value: $477,000 - $535,000

-- Bed
-- Bath
1,592 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $325,000 $204 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,710/month

104 Days on Market

Highlights

  • Private Yard
  • 1 Car Detached Garage
  • Oversized Parking
  • Highland Park High School Rated A
  • Porch
  • Property is near shops

About This Home

As of October 2021

Showing Starts On 7 June 2021. This Two Family Is Perfect For The New Investor: Or The Experienced One, Wanting To Add To Their Portfolio. Long Term Tenants, Fine Location, Priced Just Right. Two Newer Water Heaters And Newer Furnace. Many Other Updates. Take Advantage Of Low Interest Rates While You Can. Hurry. This Property Will Not Last.

Last Agent to Sell the Property

Fred Sbrilli

CAPITAL PROPERTY REALTY Listed on: 06/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,747

Year Built

  • Built in 1920

Lot Details

  • 3,302 Sq Ft Lot
  • Lot Dimensions are 33.00 x 100.00
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,592 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near shops

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(fuel water), unit 2 owner pays(fuel water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,747

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0758
  • Lot Size: 33.00 x 100.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Fuel,Water), Unit 2 Owner Pays(Fuel,Water)
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1592
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Exterior Features: Curbs, Porch(es) - Open, Sidewalk, Yard
  • Patio And Porch Features: Porch(es) - Open
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Oversized, Detached, 1-2 Car Parking, On Street, Paved

Utilities

  • Gas Company: Oil
  • Cooling: See Remarks
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 3302
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10747
  • Tax Year: 2020

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
Jun 7, 2021
Closed on
Oct 14, 2021
Sold by
Kang Porlin and Pan Ai Hua
Bought by
Sirippi Victor
Seller's Agent
Fred Sbrilli
CAPITAL PROPERTY REALTY
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$505,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,140
Avg. Annual Appreciation
12.33%
Original Mortgage
$319,113
Outstanding Balance
$294,140
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$203,806

Purchase Details

Closed on
Jul 27, 2017
Sold by
K J Property Investments Llc
Bought by
Kang Porlin and Pan Ai Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Hogan Betty J
Bought by
Kj Property Investments Llc
Source: Public Records

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
Sirippi Victor $325,000 All Jersey Title Llc
Kang Porlin $175,000 First American Title Ins Co
Kj Property Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirippi Victor $319,113
Previous Owner Kang Porlin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Off Market $325,000 -- --
10/19/2021 10/19/21 Sold $325,000 0.0% $204 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $325,000 -- $204 / 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 $10,884 $435,700 $193,000 $242,700
2023 $10,884 $435,700 $193,000 $242,700
2022 $10,892 $127,800 $58,700 $69,100
2021 $5,373 $127,800 $58,700 $69,100
2020 $10,747 $127,800 $58,700 $69,100
2019 $10,754 $127,800 $58,700 $69,100
2018 $10,448 $127,800 $58,700 $69,100
2017 $10,040 $127,800 $58,700 $69,100
2016 $10,094 $127,800 $58,700 $69,100
2015 $9,715 $127,800 $58,700 $69,100
2014 $9,557 $127,800 $58,700 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2118264R

All Jersey MLS

APN: 07-02705-0000-00029