NOT LISTED FOR SALE

55 Lincoln Ave Highland Park, NJ 08904

Estimated Value: $945,000 - $1,350,000

-- Bed
-- Bath
4,340 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $744,750 $172 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,983/month

85 Days on Market

Highlights

  • Property is near public transit
  • Highland Park High School Rated A
  • Heating Available

About This Home

As of November 2020

This is an amazing investment property that is priced to sell with one day of showing ! This multifamily home is located under a mile from NJ train station. Property has everything you been looking for, passive income, solid tenants, Solid building&great distance for access to all highways., the 2-story building offers (1L) has 3 rooms, (1R) 2 bedrm 1 bathrm, (2R) 2 bedr 1 bath, (2L) 2 bedrs 1 bath. Tons of potential.

Last Agent to Sell the Property

Vincent Baricaua

RE/MAX OUR TOWN Listed on: 08/02/2020

RE/MAX OUR TOWN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,726

Year Built

  • Built in 1922

Lot Details

  • 5,489

Parking

  • On-Street Parking

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Heating Available
  • Furnace
  • Gas Water Heater

Community Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,726

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1922
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Has Basement: Full, None
  • Interior Amenities: Unit 1(See Remarks), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 4(2 Bedrooms,1 Bath)
  • Living Area: 4340
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks
  • Heating: See Remarks, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Tax Info

  • Tax Annual Amount: 14726
  • Tax Year: 2019

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Nov 25, 2020
Sold by
Shaposhnikov Dimitry and Shaposhnikov Tamara
Bought by
Fahmi Nancy
Seller's Agent
Vincent Baricaua
RE/MAX OUR TOWN
List Price
$744,750
Sold Price
$744,750
Current Estimated Value
$1,126,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,540
Avg. Annual Appreciation
9.06%
Original Mortgage
$558,562
Outstanding Balance
$498,431
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$627,859
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
Fahmi Nancy $744,500 Mega Title Llc
Fahmi Nancy $744,500 Mega Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahmi Nancy $558,562
Closed Fahmi Nancy $558,562
Previous Owner Shaposhnikov Tamara $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $744,750 0.0% $172 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $744,750 -- $172 / 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
2025 $22,297 $870,300 $228,900 $641,400
2024 $21,740 $870,300 $228,900 $641,400
2023 $21,740 $870,300 $228,900 $641,400
2022 $19,884 $233,300 $66,000 $167,300
2021 $14,716 $175,000 $66,000 $109,000
2020 $14,716 $175,000 $66,000 $109,000
2019 $14,203 $175,000 $66,000 $109,000
2018 $13,896 $175,000 $66,000 $109,000
2017 $13,914 $175,000 $66,000 $109,000
2016 $13,822 $175,000 $66,000 $109,000
2015 $13,304 $175,000 $66,000 $109,000
2014 $13,087 $175,000 $66,000 $109,000
Source: Public Records

Agents Affiliated with this Home

  • Vincent Baricaua

    Seller's Agent in 2020

    Vincent Baricaua

    RE/MAX

    (732) 921-0389

    4 in this area

    187 Total Sales

    Vincent Baricaua
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Map

Source: All Jersey MLS

MLS Number: 2101381

All Jersey MLS

APN: 07-01704-0000-00064

New Jersey Middlesex County Highland Park 08904

55 Lincoln Ave, Highland Park, NJ

This home is located at 55 Lincoln Ave, Highland Park, NJ 08904 since 02 August 2020 and is currently estimated at $1,126,290, approximately $259 per square foot. This property was built in 1922. 55 Lincoln Ave is a home located in Middlesex County with nearby schools including Irving Primary School, Bartle School, and Highland Park Middle School.

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