NOT LISTED FOR SALE

Estimated Value: $468,750 - $561,000

3 Beds
2 Baths
1,197 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $367,500 $307 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,352/month

81 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Side by Side Parking
  • Property is near public transit
  • Attic
  • 3-minute walk to Kossuth Park

About This Home

As of February 2023

Turnkey Rutgers Investment Property! Current Tenants Are Ready To Renew For Next School Year, June '23-may'24 @ $2,800/Mo Or Perfect Fit If You Do Not Want To Pay Room And Board, Current Lease Is Up May'23. 3 Beds/2 Full Baths Legal For 6 Occupants. Kitchen And Both Full Baths Recently Renovated. High Ceiling Full Basement, Partially Finished With A Room For Storage/Office/Gym, Etc. Laundry In Basement. Boiler And Hot Water Heater 3 Years Old. Vinyl Siding. Off Street Parking For Up To 6 Cars! Tenants Pay All Utilities. Owner Has Architectural Plans For 3rd Level, Income Potential Here $4,000/Mo. Very Close To Rutgers College Ave Campus And Ever Expanding Rwj University Hospital. This Is A Great Price Point For A Rutgers Investment Property. Will Not Last.

Last Listed By

Peter McDonnell

CENTURY 21 SYLVIA GEIST AGENCY Listed on: 12/05/2022

CENTURY 21 SYLVIA GEIST AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 1872

Lot Details

  • 1,999 Sq Ft Lot
  • Lot Dimensions are 40x50
  • Property is zoned 5TH

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Gas Oven or Range
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Parking

  • Side by Side Parking
  • Tandem Parking
  • Open Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Water Heater

Community Details

  • Rutgers Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,609

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0459
  • Lot Size: 40X50
  • Ownership: See Remarks
  • Subdivision Name: Rutgers
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1872
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Pantry
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer, Water Heater
  • Has Basement: Full, Interior Entry, Other Room(s), Exterior Entry, Storage Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Bath Main, Dining Room, Kitchen, Living Room, 3 Bedrooms, Attic
  • Living Area: 1197
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Car Width, 3 Cars Deep

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 1999
  • Zoning: 5TH

Tax Info

  • Tax Annual Amount: 6609
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Feb 24, 2023
Sold by
Khairuzzaman Akm and Khairuzzaman Shamima
Bought by
Patel Mita
Seller's Agent
Peter McDonnell
CENTURY 21 SYLVIA GEIST AGENCY
List Price
$374,900
Sold Price
$367,500
Premium/Discount to List
-$7,400
-1.97%
Total Days on Market
81
Views
46
Current Estimated Value
$498,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,688
Avg. Annual Appreciation
14.34%
Original Mortgage
$275,625
Outstanding Balance
$268,533
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$229,655

Purchase Details

Closed on
Sep 30, 2021
Sold by
Zaman Shamima and Khairuzzaman Akm
Bought by
Zaman Shamima and Khairuzzaman Akm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2017
Sold by
Patel Brandon T
Bought by
Khairuzzaman Akm and Zaman Shamima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2016
Sold by
James D Angelo
Bought by
Patel Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.5%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Dangelo James
Bought by
Patel Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1997
Sold by
Aucello Steven
Bought by
D'Angelo James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.97%

Purchase Details

Closed on
Dec 7, 1995
Sold by
Rosales Maria
Bought by
Acuello Steven and Deprospo Alyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.16%
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
Patel Mita $367,500 Stewart Title
Zaman Shamima -- Hunter Title Agency Inc
Khairuzzaman Akm $270,000 Guardian Title Svcs Llc
Patel Brandon -- --
Patel Brandon T $265,000 None Available
D'Angelo James $113,000 --
Acuello Steven $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mita $275,625
Previous Owner Zaman Shamima $185,400
Previous Owner Khairuzzaman Akm $202,500
Previous Owner Patel Brandon $198,750
Previous Owner Patel Brandon --
Previous Owner Patel Brandon T $195,000
Previous Owner Patel Brandon T $198,750
Previous Owner Patel Brandon T $198,750
Previous Owner Dangelo James A $123,000
Previous Owner D'Angelo James $96,000
Previous Owner Acuello Steven $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $367,500 -2.0% $307 / Sq Ft
12/05/2022 12/05/22 For Sale $374,900 -- $313 / 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 $6,670 $299,600 $126,000 $173,600
2023 $6,670 $262,300 $126,000 $136,300
2022 $6,636 $266,600 $126,000 $140,600
2021 $4,923 $266,600 $126,000 $140,600
2020 $6,585 $266,600 $126,000 $140,600
2019 $6,460 $266,600 $126,000 $140,600
2018 $6,313 $266,600 $126,000 $140,600
2017 $6,062 $266,600 $126,000 $140,600
2016 $5,426 $92,500 $25,800 $66,700
2015 $5,297 $92,500 $25,800 $66,700
2014 $5,202 $92,500 $25,800 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2350618M

All Jersey MLS

APN: 13-00417-0000-00043