$749,999
PENDING

54 Larch St Unit 3 Carteret, NJ 07008

Estimated payment $4,675/month

Total Views 2,273
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

**Exceptional Investment Opportunity: Rare 3-Family Property for Sale!** This well-maintained multi-family home offers three spacious 2-bedroom, 1-bathroom units, perfect for investors seeking steady rental income or owner-occupiers looking to offset their mortgage. Each unit features a functional layout with generous living areas and ample natural light. The property also includes separate utilities for each unit, ensuring ease of management and privacy for tenants. **Prime Location with Off-Street Parking:** Situated in a desirable neighborhood, this property offers the added convenience of off-street parking, a highly sought-after feature that enhances the appeal of the units. Tenants will appreciate the proximity to local amenities, public transportation, and major highways, making it an ideal location for commuters. Don't miss out on this rare chance to own a solid investment in a thriving area opportunities like this are few and far between!

Listing Agent

EDGARD R. ALFARO

ALFARO REALTY LLC Brokerage Phone: 908-486-6130 Listed on: 08/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,156

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 2101-07303-0000-00012-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,156

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Middlesex
  • Street Number Display: 54
  • Directions: Continue onto Peter J Sica Industrial HwyTurn right onto Roosevelt AveTurn right onto Pershing AveTurn left onto Larch St Destination on the right
  • I D: 5308943
  • Modified: 2024-12-18
  • Number Images: 4
  • Attribution Contact: 908-486-6130
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 12
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 5
  • Parking Driveway Description: Blacktop, Off-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 177600
  • Assessed Land Value: 85000
  • Assessment: 262600
  • Easement: Unknown
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8156
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2101-07303-0000-00012-0000-
  • Tax Rate Amount: 3.106
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year Tax: *
  • Tax Year: 2023

Multi Family

  • Total Number Units: 3

Map

Range of Values:

Collateral Analytics

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Average Value
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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

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 $8,372 $550,600 $282,500 $268,100
2024 $8,156 $262,600 $85,000 $177,600
2023 $8,156 $262,600 $85,000 $177,600
2022 $7,931 $262,600 $85,000 $177,600
2021 $5,811 $262,600 $85,000 $177,600
2020 $7,552 $262,600 $85,000 $177,600
2019 $7,334 $262,600 $85,000 $177,600
2018 $7,161 $262,600 $85,000 $177,600
2017 $6,906 $262,600 $85,000 $177,600
2016 $7,385 $233,200 $80,000 $153,200
2015 $7,278 $233,200 $80,000 $153,200
2014 $6,961 $233,200 $80,000 $153,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $749,999 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $320,000 --
Deed $199,900 --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Adjustable Rate Mortgage/ARM
Previous Owner $199,796 FHA
Previous Owner $105,000 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3920663

Garden State MLS

APN: 01-07303-0000-00012