An Investor's Dream! This property is a single family residence with full, stable tenants for the last 7 years. The property has 3 bedrooms and a full bath, partially finished basement with walkout and toilet only room, kitchen area with walkout, and detached garage with driveway. It sits on a larger corner lot. Renovations include a newer roof and water heater. Easy commuting located near the New Brunswick Train Station, Suburban Bus Terminal, Robert Wood Johnson University Hospital, and major roads and highways. Profit & Loss Statement available upon request. This location is in high demand and an incredible investment opportunity. Showings start on November 27.
Lot Features: Corner Lot, Near Public Transit, Near Shopping, Near Train
Roof: Asphalt
Garage/Parking
Attached Garage: No
Covered Parking Spaces: 1
Garage Spaces: 1
Open Parking: Yes
Parking Features: 1 Car Width, Detached
Utilities
Gas Company: Natural Gas
Cooling: See Remarks
Heating: Radiators-Hot Water
Heating Yn: Yes
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public
Condo/Co-op/Association
Senior Community: No
Association #2 Fee Frequency: Monthly
Lot Info
Lot Size Sq Ft: 3297
Zoning: R-5C
Tax Info
Tax Annual Amount: 4373
Tax Year: 2022
Ownership History
DateNameOwned ForOwner Type
May 2024 - PresentRivera Santiago Valentin and Valentin Daniel1 Year
Private Individual
Purchase Details
Listed on
May 6, 2024
Closed on
May 22, 2024
Sold by
Inasu Stephen T
Bought by
Rivera Santiago Valentin and Valentin Daniel
Seller's Agent
Sophia Georges
REALSOPHY REAL ESTATE LLC
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Total Days on Market
158
Views
39
Current Estimated Value
$350,735
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,735
Avg. Annual Appreciation
3.22%
Original Mortgage
$22,000
Outstanding Balance
$21,835
Interest Rate
7.02%
Estimated Equity
$328,900
Jun 2017 - May 2024Inasu Stephen T6 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jun 19, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Inasu Stephen T
Dec 2016 - Jun 2017Wells Fargo Bank Na6 Months
Private Individual
Purchase Details
Closed on
Dec 21, 2016
Sold by
Martinez Alfonso
Bought by
Wells Fargo Bank Na
Nov 2008 - Dec 2016Martinez Alfonso B8 Years and 1 Month
Private Individual
Purchase Details
Closed on
Nov 14, 2008
Sold by
Bautista Sergio V
Bought by
Martinez Alfonso B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
6.49%
Mortgage Type
FHA
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 602 Somerset St, New Brunswick, NJ 08901 and is currently priced at $340,000, approximately $317 per square foot. This property was built in 1920. 602 Somerset St is a home located in Middlesex County with nearby schools including New Brunswick High School.
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