NOT LISTED FOR SALE

Estimated Value: $479,000 - $525,897

4 Beds
3 Baths
1,760 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $430,000 $244 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,387/month

15 Days on Market

About This Home

As of March 2024

Attention Investors! Welcome to this stunning 2-family home that will not disappoint. Unit 1 consists of 2 bedrooms and 1 full bathroom on the first floor, along with a fully finished basement with an additional full bathroom. Ample space for owner occupant or perfect opportunity for an investment. The unit is completely renovated with no expense spared. All new kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. Brand new bathroom with tile to ceiling, all new doors/moldings, freshly painted, and brand new luxury vinyl plank flooring throughout. Unit 2 is tenant occupied with same layout as unit 1. Both units have separated utilities. The property also has 2 parking spots in front which makes it even more desirable. This one will not last!

Last Agent to Sell the Property

Qizhan Yao

Realmart Realty, LLC Listed on: 12/28/2023

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,891

Lot Details

  • 2,139 Sq Ft Lot
  • Lot Dimensions are 23x93

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00028 / 04317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,891

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (732) 727-2285
  • MLS Status: Sold - Sold
  • Directions: On 16th between Straight St and Summer St
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: FULL FINISHED-PART OF UNIT 1

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 23X93
  • Lot Size Sq Ft: 2139.0

Tax Info

  • Tax Annual Amount: 7891.0
  • Tax Block: 04317
  • Tax Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Mar 12, 2024
Sold by
61 16 Ave Llc
Bought by
Kintali Manoj Venkata Kuma
Seller's Agent
Qizhan Yao
Realmart Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Views
4
Current Estimated Value
$509,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,724
Avg. Annual Appreciation
9.85%
Original Mortgage
$322,500
Outstanding Balance
$316,822
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$192,902

Purchase Details

Closed on
Aug 5, 2019
Sold by
Mustafa Shariq
Bought by
61 16 Ave Llc

Purchase Details

Closed on
Jul 11, 2019
Sold by
Rmc Reo Trust
Bought by
Mustafa Shariq

Purchase Details

Closed on
Jan 24, 2019
Sold by
Pennymac Corp
Bought by
Pmc Reo Trust

Purchase Details

Closed on
Jul 10, 2015
Sold by
Jpmorgan Chase Bank Ba
Bought by
Pennymac Corp

Purchase Details

Closed on
Mar 2, 2015
Sold by
Sosa Nieveslina
Bought by
Jpmorgan Chase Bank Na
Source: Public Records
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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
Kintali Manoj Venkata Kuma $430,000 Simplicity Title
Kintali Manoj Venkata Kuma $430,000 Simplicity Title
61 16 Ave Llc -- Fortuna Title Llc
Mustafa Shariq $177,100 Fortuna Title Llc
Pmc Reo Trust -- Servicelink Title Co Default
Pennymac Corp -- Attorney
Jpmorgan Chase Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kintali Manoj Venkata Kuma $322,500
Closed Kintali Manoj Venkata Kuma $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $430,000 +7.5% $244 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $399,900 -- $227 / 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 $8,662 $170,000 $16,400 $153,600
2024 $8,335 $170,000 $16,400 $153,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23038174

New Jersey MLS

APN: 08-04317-0000-00028