NOT LISTED FOR SALE

Estimated Value: $622,162 - $741,000

-- Bed
-- Bath
1,858 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $510,000 $274 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,287/month

119 Days on Market

Highlights

  • 0.1 Acre Lot
  • Private Yard
  • Porch
  • Property is near public transit
  • 2 Car Detached Garage
  • 1-minute walk to Duffy Park

About This Home

As of March 2023

Welcome to 588 Morris St! This well maintained 3 story, 2 family building is ready for its new owner. Off street parking for 4+ cars & 2 car garage! 1st unit contains 3 bedrooms, 1 bathroom, EIK, LR. 2nd unit contains 2 bedrooms, 1 bathroom, EIK, LR. 3rd story is a finished attic loft space. Close proximity to the Victory Bridge, major highways, public transportation, shops, etc. Don't let this one pass you by!

Last Agent to Sell the Property

Ashley Pryszcz

KELLER WILLIAMS WEST MONMOUTH Listed on: 11/04/2022

KELLER WILLIAMS WEST MONMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,909

Year Built

  • Built in 1901

Lot Details

  • 4,452 Sq Ft Lot
  • Lot Dimensions are 89.00 x 50.00
  • Private Yard

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,858 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Oven or Range

Basement

  • Partial Basement
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,909

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1022
  • Lot Size: 89.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1901
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Electric,Water,Gas), Unit 2 Owner Pays(Electric,Water,Gas)
  • Has Basement: Crawl Space, Partial, Daylight, Storage Space, Utility Room
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,4 Bedrooms,Kitchen,1 Bath,Living Room,2+ Baths)
  • Living Area: 1858
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Porch(es) - Open, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch(es) - Open

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4452
  • Zoning: S-1A

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 7909
  • Tax Year: 2021

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 2, 2023
Sold by
Pryszcz Zbigniew
Bought by
Sanchez Bernardo Baez and Rodriguez Hierro Jaime
Seller's Agent
Ashley Pryszcz
KELLER WILLIAMS WEST MONMOUTH
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Views
18
Current Estimated Value
$664,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,541
Avg. Annual Appreciation
8.74%
Original Mortgage
$500,762
Outstanding Balance
$487,736
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$140,045

Purchase Details

Closed on
Mar 16, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Pryszcz Zbigniew

Purchase Details

Closed on
Mar 11, 2009
Sold by
Mendez Leslie A and Cruz Alfonso D
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 13, 2005
Sold by
Rodriguez Narciso
Bought by
Mendez Leslie and Cruz Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,450
Interest Rate
5.67%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2003
Sold by
Genao Daniel
Bought by
Rodriguez Narciso and Rodriguez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.53%

Purchase Details

Closed on
Feb 10, 1999
Sold by
Hud
Bought by
Genao Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,687
Interest Rate
6.76%
Mortgage Type
FHA
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
Sanchez Bernardo Baez $510,000 Stewart Title
Pryszcz Zbigniew $125,000 Collegiate Title
The Secretary Of Housing & Urban Develop -- None Available
Mendez Leslie $349,900 --
Rodriguez Narciso $258,000 --
Genao Daniel $99,970 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Bernardo Baez $500,762
Previous Owner Mendez Leslie $344,450
Previous Owner Rodriguez Narciso $258,000
Previous Owner Genao Daniel $101,687
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $510,000 0.0% $274 / Sq Ft
03/03/2023 03/03/23 Sold $510,000 +2.2% $274 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $499,000 0.0% $269 / Sq Ft
11/04/2022 11/04/22 For Sale $499,000 0.0% $269 / Sq Ft
11/04/2022 11/04/22 For Sale $499,000 -8.4% $269 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $545,000 -2.7% $293 / Sq Ft
08/04/2022 08/04/22 For Sale $560,000 -- $301 / 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 $7,994 $321,300 $119,100 $202,200
2023 $7,994 $265,500 $119,100 $146,400
2022 $7,899 $265,500 $119,100 $146,400
2021 $7,909 $265,500 $119,100 $146,400
2020 $7,907 $265,500 $119,100 $146,400
2019 $7,936 $265,500 $119,100 $146,400
2018 $7,867 $265,500 $119,100 $146,400
2017 $7,851 $265,500 $119,100 $146,400
2016 $7,646 $265,500 $119,100 $146,400
2015 $7,700 $265,500 $119,100 $146,400
2014 $7,747 $265,500 $119,100 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2305541R

All Jersey MLS

APN: 16-00097-0000-00008