NOT LISTED FOR SALE

559 Groom St Perth Amboy, NJ 08861

Amboy Avenue Neighborhood

Estimated Value: $385,000 - $474,000

-- Bed
-- Bath
1,124 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $430,000 $383 Per Sq Ft

Current estimated payment $2,875/month

11 Days on Market

Highlights

  • Corner Lot
  • Den
  • Baseboard Heating
  • Private Yard
  • Forced Air Heating System
  • Utility Room

About This Home

As of April 2024

Great very affordable two family only few blocks from Raritan Bay Hospital great investment excellent location easy access to most major highways as well as grocery stores, Pharmacies and Parks very commute friendly close to most public transportation. This home is in a great condition well maintained with a full finished basement.it is being sold in AS IS condition buyer is responsible for C/O. Hurry up!!

Last Agent to Sell the Property

Enrique Hernandez

PETRA BEST REALTY LLC Listed on: 02/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1919

Lot Details

  • 1,451 Sq Ft Lot
  • Lot Dimensions are 50.00 x 29.00
  • Corner Lot
  • Private Yard

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,124 Sq Ft Home
  • 2-Story Property
  • Den
  • Utility Room
  • Oven or Range

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Community Details

Overview

  • Fair View Park Property/ Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,980

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0333
  • Lot Size: 50.00 x 29.00
  • Ownership: Partnership
  • Subdivision Name: Fair View Park Property/
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1919
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Partially Finished, Full, Den, Recreation Room, Utility Room
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1124
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Exterior Features: Yard
  • Roof: Flat

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 1451
  • Zoning: R-25

Tax Info

  • Tax Annual Amount: 5980
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Apr 26, 2024
Sold by
559 Groom Street Llc
Bought by
Alvarez Rosa M
Seller's Agent
Enrique Hernandez
PETRA BEST REALTY LLC
List Price
$387,000
Sold Price
$430,000
Premium/Discount to List
$43,000
11.11%
Views
51
Current Estimated Value
$429,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$664
Avg. Annual Appreciation
3.35%
Original Mortgage
$408,500
Outstanding Balance
$404,551
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$43,951

Purchase Details

Closed on
Feb 6, 2024
Sold by
Iglesias Juan C
Bought by
559 Groom St Llc

Purchase Details

Closed on
Apr 16, 2018
Sold by
Rodriguez Danny
Bought by
Iglesias Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2005
Sold by
Puntiel Francisco
Bought by
Rodriguez Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 1996
Sold by
Federal National Mortgage Association
Bought by
Cristo Property
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarez Rosa M $430,000 First American Title
559 Groom St Llc $310,000 Stewart Title
Iglesias Juan C $280,000 None Available
Rodriguez Danny $186,000 --
Cristo Property $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Rosa M $408,500
Previous Owner Iglesias Juan C $274,725
Previous Owner Iglesias Juan C $274,928
Previous Owner Rodriguez Danny $167,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $430,000 +11.1% $383 / Sq Ft
03/08/2024 03/08/24 For Sale $387,000 0.0% $344 / Sq Ft
02/16/2024 02/16/24 Off Market $387,000 -- --
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 $6,052 $201,000 $91,600 $109,400
2023 $6,052 $201,000 $91,600 $109,400
2022 $5,980 $201,000 $91,600 $109,400
2021 $5,978 $201,000 $91,600 $109,400
2020 $5,986 $201,000 $91,600 $109,400
2019 $6,008 $201,000 $91,600 $109,400
2018 $5,298 $178,800 $91,600 $87,200
2017 $5,287 $178,800 $91,600 $87,200
2016 $5,149 $178,800 $91,600 $87,200
2015 $5,185 $178,800 $91,600 $87,200
2014 $5,217 $178,800 $91,600 $87,200
Source: Public Records

Agents Affiliated with this Home

  • Enrique Hernandez

    Seller's Agent in 2024

    Enrique Hernandez

    PETRA BEST REALTY LLC

    (732) 841-7029

    29 in this area

    139 Total Sales

    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2408133R

All Jersey MLS

APN: 16-00281-0000-00001

New Jersey Middlesex County Perth Amboy 08861 Amboy Avenue

559 Groom St, Perth Amboy, NJ

This home is located at 559 Groom St, Perth Amboy, NJ 08861 since 17 February 2024 and is currently estimated at $429,336, approximately $381 per square foot. This property was built in 1919. 559 Groom St is a home located in Middlesex County with nearby schools including Perth Amboy High School, Middlesex County STEM Charter School, and Academy for Urban Leadership Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes