NOT LISTED FOR SALE

54 Cedar Ave Highland Park, NJ 08904

Estimated Value: $892,000 - $1,581,000

7 Beds
7 Baths
3,556 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2023

Last sale price $710,000 $200 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,391 / mo

136 Days on Market

Highlights

  • Property is near shops
  • Irving Primary School Rated A-
  • Hot Water Baseboard Heater

About This Home

As of December 2023

Can you say WOW. Chance to keep all your tenants in 1 building. 4 units, 2 2edrooms, 2 1bedrooms, ideal for College Rentals as its close to current Rutgers Psicatway Medical School and Rutgers Univeristy in New Brunswick. There is a known structural issue Hard to find building with rear parking for tenants. Enjoy down town with Shops and Dining

Last Agent to Sell the Property

John Profaci

MID-STATE REALTY Listed on: 12/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,923

Year Built

  • Built in 1918

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 75x97

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Location

  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks), unit 4 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,923

Year Built

Built in 1918

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.167
  • Lot Size: 75X97
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1918
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
  • Has Basement: Full
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Interior Amenities: Unit 1(1 Bedroom,2 Bedrooms), Unit 2(1 Bedroom,2 Bedrooms), Unit 3(1 Bedroom,2 Bedrooms), Unit 4(2 Bedrooms)
  • Living Area: 3556
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7275
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 19923
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2024
Sold by
Bought by
Current Estimated Value
$1,245,333

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
Outstanding Balance
$297,389
Interest Rate
9.3%
Estimated Equity
$947,944

Purchase Details

Closed on
Apr 22, 2024
Sold by
Bought by

Purchase Details

Listed on
Dec 6, 2021
Closed on
Dec 6, 2023
Sold by
Bought by
Seller's Agent
John Profaci
MID-STATE REALTY
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.87%
Original Mortgage
$907,100
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,520,000 M A D Title Agency
$1,520,000 M A D Title Agency
-- None Listed On Document
-- None Listed On Document
$710,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Closed $300,000
Previous Owner $1,576,202
Previous Owner $907,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $710,000 -11.1% $200 / Sq Ft
07/18/2022 07/18/22 For Sale $799,000 0.0% $225 / Sq Ft
04/26/2022 04/26/22 Off Market $799,000 -- --
12/06/2021 12/06/21 For Sale $710,000 -- $200 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,447 $854,400 $205,300 $649,100
2025 $19,238 $750,900 $205,300 $545,600
2024 $18,757 $750,900 $205,300 $545,600
2023 $18,757 $750,900 $205,300 $545,600
2022 $19,944 $234,000 $81,200 $152,800
2021 $19,677 $234,000 $81,200 $152,800
2020 $19,677 $234,000 $81,200 $152,800
2019 $19,691 $234,000 $81,200 $152,800
2018 $19,130 $234,000 $81,200 $152,800
2017 $18,383 $234,000 $81,200 $152,800
2016 $18,481 $234,000 $81,200 $152,800
2015 $17,789 $234,000 $81,200 $152,800
2014 $17,499 $234,000 $81,200 $152,800
Source: Public Records

Agents Affiliated with this Home

  • John Profaci

    Seller's Agent in 2023

    John Profaci

    MID-STATE REALTY

    (908) 692-5419

    98 Total Sales

    John Profaci
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Map

Source: All Jersey MLS

MLS Number: 2250793M

All Jersey MLS

APN: 07-01801-0000-00013

New Jersey Middlesex County Highland Park 08904

54 Cedar Ave, Highland Park, NJ

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