NOT LISTED FOR SALE

65 Mechanic St Unit 65 67 69 Freehold, NJ 07728

15 Beds
9 Baths
4,802 Sq Ft
5,227 Sq Ft Lot

Last Sold July 06, 2012

Last sale price $510,000 $106 Per Sq Ft

36 Days on Market

Highlights

  • Corner Lot
  • Freehold Borough High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of July 2012

Great opportunity for an investment property. 2 buildings that are on one large lot. A total of 9 apartments to rent. 3 1 bedroom apartments and 6 2 bedroom apartments in all. Located less than a block from downtown Freehold Boro, shopping, restaurants and businesses. Sellers are very motivated. Parking lot behind the building is also for sale or can be included.

Last Agent to Sell the Property

Michael D'Ambrosio

Coldwell Banker Riviera Realty License #0784687 Listed on: 03/08/2012

Last Buyer's Agent

Dolores Jenkins

Weichert Realtors-Manalapan License #8535583

Weichert Realtors-Manalapan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,036

Year Built

  • Built in 1909

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46 x 113
  • Corner Lot

Parking

  • Open Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,802 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Bathrooms

Schools

  • Park Avenue Elementary School

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for hot water, water, heat
  • Assessor Parcel Number 1600063000000024

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $200
  • Insurance Expense $500
  • Water Sewer Expense $12,000
  • Gross Income $98,400
  • Net Operating Income $54,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,036

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1909
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 46 X 113
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water: Yes
  • SidingBrick: Yes
  • Income Expenses Electric Expense: 200.0
  • Income Expenses Insurance Expense: 500.0
  • Income Expenses WaterSewer Expense: 12000.0
  • Income Expenses Gross Income2: 98400.0
  • Income Expenses Net Income: 54320.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 15
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Brick
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open
  • General Property Info:Garage: No
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 12000.0

Lot Info

  • Lot Dimensions: 46 X 113
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 1600063000000024
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Hot Water, Water, Heat

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 16036.0
  • Tax Other Annual Assessment Amount: 277700.0

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 200.0
  • Annual Gross Income: 98400.0
  • Insurance Expense: 500.0

MLS Schools

  • Elementary School: Park Avenue

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2012 07/06/12 Sold $510,000 -- $106 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21209119

MOREMLS (Monmouth Ocean Regional REALTORS®)