NOT LISTED FOR SALE

Estimated Value: $466,411 - $512,000

4 Beds
1.5 Baths
1,368 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $362,500 $265 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,296/month

112 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • 4-minute walk to Kossuth Park
  • Property is near public transit
  • Combination Dining and Living Room

About This Home

As of August 2022

Rented Until May 2023 @ $2,900/month! Come see this RARE 5TH Ward investment property that is only a few blocks from Rutgers College Avenue Campus! This property is in IMMACULATE condition and features a renovated kitchen, renovated bathrooms, 4 large bedrooms, 2 bathrooms a full basement, and much more. Compound this with steady rent-rolls and you will not be disappointed here. Excellent tenant history, great CAP rate from the over $34,000 in annual income, and potential for further growth here in the 5th Ward! What more can you ask for???? Property is being sold as-is with no warranties expressed or implied. Pre-List home inspection report available for review upon request. Buyer is responsible for CO & Smoke Certification.

Last Listed By

Keith Jean-Pierre

RE/MAX FIRST REALTY, INC. Listed on: 04/18/2022

RE/MAX FIRST REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 1907

Lot Details

  • 2,627 Sq Ft Lot
  • Lot Dimensions are 105.00 x 25.00

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Property is near public transit
  • No Cooling

Community Details

  • 5Th Ward Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,542

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0603
  • Lot Size: 105.00 x 25.00
  • Ownership: Fee Simple
  • Subdivision Name: 5TH Ward
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1907
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Gas Range/Oven, Refrigerator
  • Has Basement: Full, None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: 1 Bedroom, Kitchen, Living Room, 3 Bedrooms
  • Living Area: 1368
  • Stories: 2

Exterior Features

  • Lot Features: Near Train, Near Public Transit
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 2627

Tax Info

  • Tax Annual Amount: 6542
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 5, 2022
Sold by
Kindred Real Estate Llc
Bought by
53 Plum Llc
Seller's Agent
Keith Jean-Pierre
RE/MAX FIRST REALTY, INC.
List Price
$375,000
Sold Price
$362,500
Premium/Discount to List
-$12,500
-3.33%
Total Days on Market
112
Current Estimated Value
$487,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,103
Avg. Annual Appreciation
9.12%
Original Mortgage
$290,000
Outstanding Balance
$277,323
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$186,353

Purchase Details

Closed on
Nov 25, 2011
Bought by
Kindred Real Estate Llc

Purchase Details

Closed on
May 28, 2010
Sold by
Khater Elie and Khater Michel
Bought by
Liang Sam and Tian Jenny

Purchase Details

Closed on
Oct 15, 2009
Sold by
Chew Sarah
Bought by
Khater Elie and Khater Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
53 Plum Llc $362,500 Old Republic Title
Kindred Real Estate Llc -- --
Liang Sam $315,000 Multiple
Khater Elie $186,375 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 53 Plum Llc $290,000
Previous Owner Khater Elie $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $362,500 -3.3% $265 / Sq Ft
06/16/2022 06/16/22 Off Market $375,000 -- --
04/18/2022 04/18/22 For Sale $375,000 -- $274 / 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 $6,711 $263,900 $102,000 $161,900
2023 $6,711 $263,900 $102,000 $161,900
2022 $6,568 $263,900 $102,000 $161,900
2021 $6,542 $263,900 $102,000 $161,900
2020 $6,518 $263,900 $102,000 $161,900
2019 $6,394 $263,900 $102,000 $161,900
2018 $6,249 $263,900 $102,000 $161,900
2017 $6,001 $263,900 $102,000 $161,900
2016 $5,661 $96,500 $28,100 $68,400
2015 $5,526 $96,500 $28,100 $68,400
2014 $5,427 $96,500 $28,100 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2212636R

All Jersey MLS

APN: 13-00417-0000-00017