NOT LISTED FOR SALE

655 S Park St Elizabeth, NJ 07206

Elizabethport Neighborhood

Estimated Value: $708,194 - $904,000

-- Bed
4 Baths
2,294 Sq Ft
$343/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $600,000 $262 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,067/month

34 Days on Market

Highlights

  • Private Yard
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Elizabeth High School Rated A
  • Patio
  • 2-minute walk to Miller Playfield

About This Home

As of January 2022

Your Next Best Investment Opportunity awaits! Modernized MultiFamily home in the heart of thriving Elizabeth boasts 2 spacious units & endless possibilities! Live in 1 unit while renting out the other, or rent out BOTH for easy extra income! The 1st & 2nd floor units each consist of 3 generous Bedrooms, 2 Full Baths, Living Rm, Dining Rm & Eat-in Kitchen! Large room sizes, plenty of natural light, Finished Basement, on-site Laundry & convenient Garage Parking, too! Quaint rear Backyard with Garden is fenced-in for your privacy. Well maintained inside & out with curb appeal in a great Commuter location, you're close to NYC transportation, parks, schools, shopping & more! An excellent Investor opportunity to own a Turn-Key property in an up & coming neighborhood. Don't wait! Come & see TODAY!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 11/18/2021

RE/MAX 1st ADVANTAGE

Co-Listed By

Michael Laico

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,440

Year Built

  • Built in 2005

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,440

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Co List Office Mls Id: RFIR01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2005
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Water)
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths), Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths)
  • Living Area: 2294
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level
  • Exterior Features: Patio, Curbs, Sidewalk, Fencing/Wall, Yard
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Built-In Garage, 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All,Attic Fan
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 2500

Tax Info

  • Tax Annual Amount: 12440
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 20, 2022
Sold by
Omwoyo Jane O
Bought by
Mukanda Christophe
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$787,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,549
Avg. Annual Appreciation
7.36%
Original Mortgage
$570,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2018
Closed on
Nov 5, 2018
Sold by
585 Realty Llc
Bought by
Omwoyo Jane O
Seller's Agent
BRETT SIKORA
EXP REALTY, LLC
Buyer's Agent
MICHAEL LAICO
RE/MAX 1ST ADVANTAGE
List Price
$389,000
Sold Price
$352,000
Premium/Discount to List
-$37,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.07%
Original Mortgage
$345,624
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2013
Sold by
Federal National Mortgage Association
Bought by
585 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2012
Sold by
Adeyemi Akeem and Adeyemi Taiwo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 17, 2005
Sold by
Rei Corp
Bought by
Adeyemi Akeem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.17%

Purchase Details

Closed on
Feb 15, 2005
Sold by
653 655 South Park Streetllc
Bought by
Rei Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mukanda Christophe $600,000 Land Title
Omwoyo Jane O $352,000 Chicago Title Insurance Co
585 Realty Llc $166,240 First American Title Insuran
Federal National Mortgage Association -- None Available
Adeyemi Akeem $450,000 --
Rei Corporation $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mukanda Christophe $570,000
Previous Owner Omwoyo Jane O $345,624
Previous Owner 585 Realty Llc $140,000
Previous Owner Adeyemi Akeem $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $600,000 0.0% $262 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $600,000 +70.5% $262 / Sq Ft
11/06/2018 11/06/18 Sold $352,000 -9.5% $78 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $389,000 -- $86 / Sq Ft
Source: All 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 $10,994 $571,400 $142,500 $428,900
2024 $13,358 $571,400 $142,500 $428,900
2023 $13,358 $42,500 $9,000 $33,500
2022 $12,996 $42,500 $9,000 $33,500
2021 $12,728 $42,500 $9,000 $33,500
2020 $12,440 $42,500 $9,000 $33,500
2019 $12,250 $42,500 $9,000 $33,500
2018 $12,131 $42,500 $9,000 $33,500
2017 $11,792 $42,500 $9,000 $33,500
2016 $11,793 $42,500 $9,000 $33,500
2015 $12,371 $47,400 $9,000 $38,400
2014 $12,785 $50,500 $9,000 $41,500
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2022

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    4 in this area

    2,730 Total Sales

    Robert Dekanski
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Michael Laico

    RE/MAX

    (732) 742-0105

    2 in this area

    516 Total Sales

    Michael Laico
    Section Image

  • B

    Seller's Agent in 2018

    BRETT SIKORA

    EXP REALTY, LLC

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2206821R

All Jersey MLS

APN: 04-00007-0000-01279-B

New Jersey Union County Elizabeth 07201 Elizabethport

655 S Park St, Elizabeth, NJ

Not Listed for Sale

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