NOT LISTED FOR SALE

56 Broad St Milltown, NJ 08850

Estimated Value: $491,000 - $562,000

3 Beds
1 Bath
1,720 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $466,000 $271 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,540/month

60 Days on Market

Highlights

  • Property is near public transit
  • Ceiling Fan
  • Storm Doors
  • Enclosed Patio or Porch
  • Baseboard Heating
  • 4-minute walk to Brook Park

About This Home

As of May 2022

Delayed showings until Monday, July 11th. Updated 3 bedroom, 1 bath apartment in Milltown! On the main level you will find 2 bedrooms, kitchen, family room and bathroom. The 2nd level is a large living space that can be used as a 3rd bedroom or another family room/office. New vinyl flooring is being added to most of the apartment. Kitchen is nicely done with white shaker cabinetry and newer appliances. This unit also offers a private side door entrance, shared washer and dryer in the basement and plenty of parking in the back of the home. Located right next to Michelin Park. Very nice unit! Interior pictures coming soon. 2nd level of the unit is currently being renovated.

Last Agent to Sell the Property

Eileen Thomas

RE/MAX COUNTRY Listed on: 03/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,274

Year Built

  • Built in 1908

Lot Details

  • 8,856 Sq Ft Lot
  • Lot Dimensions are 123.00 x 72.00
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Slate Roof

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Storm Doors

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Borders State Land
  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

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

Community Details

Amenities

  • Community Storage Space

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,274

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2033
  • Lot Size: 123.00 x 72.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1908
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1720
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Backs to Park Land, Near Public Transit
  • Exterior Features: Porch(es) - Enclosed, Curbs, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Porch, Storage Area-Common
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Slate

Garage/Parking

  • Parking Features: 3-4 Car Parking, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 8856
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 8274
  • Tax Year: 2021

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
Mar 21, 2022
Closed on
May 19, 2022
Sold by
Yolanda Yablonkai
Bought by
Vargas Zamary M and Vargas Stephanie
Seller's Agent
Eileen Thomas
RE/MAX COUNTRY
List Price
$449,900
Sold Price
$466,000
Premium/Discount to List
$16,100
3.58%
Current Estimated Value
$529,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,438
Avg. Annual Appreciation
4.44%
Original Mortgage
$395,250
Outstanding Balance
$376,016
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$162,569

Purchase Details

Closed on
Feb 8, 1991
Bought by
Yablonkai Yolanda
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Vargas Zamary M $465,000 Tohickon Settlement Services
Yablonkai Yolanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Zamary M $395,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented $2,400 +6.7% --
07/11/2022 07/11/22 For Rent $2,250 0.0% --
06/26/2022 06/26/22 Off Market $466,000 -- --
05/20/2022 05/20/22 Sold $466,000 +3.6% $271 / Sq Ft
03/21/2022 03/21/22 For Sale $449,900 -- $262 / 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 $8,645 $128,000 $53,600 $74,400
2024 $8,488 $128,000 $53,600 $74,400
2023 $8,488 $128,000 $53,600 $74,400
2022 $8,449 $128,000 $53,600 $74,400
2021 $8,274 $128,000 $53,600 $74,400
2020 $8,074 $128,000 $53,600 $74,400
2019 $7,759 $128,000 $53,600 $74,400
2018 $7,300 $128,000 $53,600 $74,400
2017 $7,048 $128,000 $53,600 $74,400
2016 $6,797 $128,000 $53,600 $74,400
2015 $6,655 $128,000 $53,600 $74,400
2014 $6,420 $128,000 $53,600 $74,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2211163R

All Jersey MLS

APN: 11-00053-0000-00028