NOT LISTED FOR SALE

59 Mozart St East Rutherford, NJ 07073

Estimated Value: $879,000 - $936,000

7 Beds
4 Baths
2,500 Sq Ft
$361/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $750,000 $300 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,552/month

41 Days on Market

About This Home

As of April 2022

Welcome to this unicorn of a 3 family in East Rutherford, NJ. Corner lot, super low taxes, bonus living space in the basement, and a commercial garage attached. These units need a little love but the market rents equal major cash flow! The electric is separate. The heating and hot water is one unit but has an option to separate with gas meters already in place. The heating system and hot water heater is 2 years old. The roof is only 4 years old. Very well maintained property with plenty of upside potential. Come make this incredible investment property yours today before it gone!

Last Agent to Sell the Property

Joseph Aziz

Prestige Property Group - Montclair Listed on: 01/05/2022

Last Buyer's Agent

Natasha Salas

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,404

Lot Details

  • 3,402

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,402 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00016 / 00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,404

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-860-7595
  • MLS Status: Sold - Sold
  • Directions: Paterson Ave or Railroad Ave to Mozart St
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Summer Kitchen, Bedroom, Full Bath

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 3402.0

Tax Info

  • Tax Annual Amount: 8404.0
  • Tax Block: 00042
  • Tax Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Apr 19, 2022
Sold by
Min Chen
Bought by
Iturbide Johnny A
Seller's Agent
Joseph Aziz
Prestige Property Group - Montclair
Buyer's Agent
Natasha Salas
Prominent Properties Sotheby's International Realty-Englewood Cliffs
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Current Estimated Value
$902,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,237
Avg. Annual Appreciation
5.50%
Original Mortgage
$600,000
Outstanding Balance
$566,020
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$336,217

Purchase Details

Closed on
Oct 13, 2014
Sold by
Chen Ling Mei
Bought by
Chen Min

Purchase Details

Closed on
Feb 16, 1994
Sold by
Vuono Frank
Bought by
Chen Min and Chen Ling Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.15%
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
Iturbide Johnny A $750,000 American Land Title
Chen Min -- --
Chen Min $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iturbide Johnny A $600,000
Previous Owner Chen Min $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $750,000 +7.1% $300 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $700,000 -- $280 / Sq Ft
Source: New 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 $9,215 $610,500 $282,800 $327,700
2024 $8,918 $568,500 $269,700 $298,800
2023 $8,844 $549,500 $260,400 $289,100
2022 $8,844 $505,100 $251,200 $253,900
2021 $8,595 $478,300 $231,800 $246,500
2020 $8,404 $462,000 $227,000 $235,000
2019 $8,372 $457,000 $214,000 $243,000
2018 $7,631 $429,200 $206,100 $223,100
2017 $7,471 $360,200 $174,000 $186,200
2016 $7,006 $360,200 $174,000 $186,200
2015 $7,085 $360,200 $174,000 $186,200
2014 $6,858 $360,200 $174,000 $186,200
Source: Public Records

Agents Affiliated with this Home

  • Joseph Aziz

    Seller's Agent in 2022

    Joseph Aziz

    Prestige Property Group - Montclair

    (201) 708-5067

    4 in this area

    215 Total Sales

    Joseph Aziz
    Section Image
  • Natasha Salas

    Buyer's Agent in 2022

    Natasha Salas

    Prominent Properties Sotheby's International Realty-Englewood Cliffs

    (917) 972-7510

    1 in this area

    12 Total Sales

    Natasha Salas
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22000515

New Jersey MLS

APN: 12-00042-0000-00016

New Jersey Bergen County East Rutherford 07073

59 Mozart St, East Rutherford, NJ

This home is located at 59 Mozart St, East Rutherford, NJ 07073 since 05 January 2022 and is currently estimated at $902,237, approximately $360 per square foot. 59 Mozart St is a home located in Bergen County with nearby schools including Mckenzie School, Alfred Faust School, and Henry P Becton Regional High 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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