Estimated Value: $807,000 - $983,000
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
Prestige Property Group - Montclair Listed on: 01/05/2022
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Bedrooms and Bathrooms
Additional Features
Listing and Financial Details
$750,000
Do not miss this rare opportunity to own a beautiful and spacious 2- Family home in the highly desirable town of East Rutherford. Whether you are looking for an investment property with great rental potential, or a perfect home for living, this gem checks s all the boxes. Two fully independent unites, with separate gas and electric. Full walk up, unfinished attic off of 2nd floor. Full basement
Scott Breyer Walter Breyer Real Estate
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Iturbide Johnny A | $750,000 | American Land Title | |
| Chen Min | -- | -- | |
| Chen Min | $190,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Iturbide Johnny A | $600,000 | |
| Previous Owner | Chen Min | $80,000 |
| 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 |
| 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 | $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 |
Seller's Agent in 2022
Joseph Aziz
Prestige Property Group - Montclair
(201) 708-5067
6 in this area
231 Total Sales
Buyer's Agent in 2022
Natasha Salas
Prestige Property Group - Montclair
(917) 972-7510
1 in this area
21 Total Sales
Source: New Jersey MLS
MLS Number: 22000515
APN: 12-00042-0000-00016
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