NOT LISTED FOR SALE

661 S 2nd St Plainfield, NJ 07060

Estimated Value: $539,000 - $674,126

8 Beds
4 Baths
1,606 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $569,900 $355 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,019/month

17 Days on Market

Highlights

  • Private Yard
  • Property is near shops
  • Utility Room
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

2019 Renovated, A 7+ Cap-rate Investment!!! or owner occupy after the Lease 12/2023. A 2-family house with 8 bedrooms, 4 full baths. 2 brand new kitchens / maple cabinets/ granite countertops; hardwood & tile floors; Samsung French door SS refrigerators; slide in gas range/ovens; brand new high- efficient furnace/central AC /direct-vent water heater; all new electrical wiring /electrical panels, new gas/water plumbing /pipe-lines, new windows/doors, new siding with extra insulation, new roofs. 2 extra storage rooms & washer/dryer in basement. All are in very good conditions. Convenient location to downtown shopping, transportations, schools, churches, and youth center.

Last Agent to Sell the Property

Louis Chang

REDSTONE REALTY LLC Listed on: 06/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,203

Year Built

  • Built in 1916

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near shops

Community Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,203

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0689
  • Lot Size: 30X100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1916
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Has Basement: Partially Finished, Bath Full, Interior Entry, Laundry Facilities, Storage Space, Utility Room
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Near Shopping
  • Exterior Features: Porch(es) - Open, Sidewalk, Windows - Insulated Pane, Yard, Porch
  • Patio And Porch Features: Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 3001
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 7203
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 28, 2022
Sold by
Chang Louis and Chang Rose
Bought by
Wu Qingheng
Seller's Agent
Louis Chang
REDSTONE REALTY LLC
List Price
$569,900
Sold Price
$569,900
Views
9
Current Estimated Value
$604,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,882
Avg. Annual Appreciation
1.89%
Original Mortgage
$341,000
Outstanding Balance
$327,797
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$276,985

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 5, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Chang Louis and Chang Rose
Seller's Agent
JOSE DE OLIVEIRA
VYLLA HOME
Buyer's Agent
Louis Chang
REDSTONE REALTY LLC
List Price
$105,000
Sold Price
$140,000
Premium/Discount to List
$35,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.86%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Salinas Fernando and Td Auto Finance Llc
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 24, 2002
Sold by
Manigault William
Bought by
Walker Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,710
Interest Rate
6.36%

Purchase Details

Closed on
Jan 28, 1997
Sold by
Federal National Mortgage Association
Bought by
Manigault William and Manigault Concita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,099
Interest Rate
7.36%

Purchase Details

Closed on
Jan 9, 1997
Sold by
Froehlich Ralph
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,099
Interest Rate
7.36%

Purchase Details

Closed on
May 23, 1994
Sold by
Pena Luis
Bought by
Pena William

Purchase Details

Closed on
Jan 18, 1994
Sold by
Citicorp Mortgage
Bought by
Pena Luis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wu Qingheng $569,900 First American Title
Chang Louis $140,000 Coastal Title Agency Inc
Deutsche Bank National Trust Co $1,000 None Available
Walker Donna $111,300 --
Manigault William $39,900 --
Federal National Mortgage Association -- --
Pena William $89,000 --
Pena Luis $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Qingheng $341,000
Previous Owner Walker Donna $109,710
Previous Owner Federal National Mortgage Association $95,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2022 10/05/22 Sold $569,900 0.0% $355 / Sq Ft
06/18/2022 06/18/22 For Sale $569,900 +307.1% $355 / Sq Ft
11/27/2018 11/27/18 Sold $140,000 +33.3% $87 / Sq Ft View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $105,000 -- $65 / 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 $10,042 $115,000 $15,000 $100,000
2024 $9,943 $115,000 $15,000 $100,000
2023 $9,943 $115,000 $15,000 $100,000
2022 $7,266 $85,900 $15,000 $70,900
2021 $7,203 $85,900 $15,000 $70,900
2020 $7,182 $85,900 $15,000 $70,900
2019 $7,182 $85,900 $15,000 $70,900
2018 $7,032 $85,900 $15,000 $70,900
2017 $6,860 $85,900 $15,000 $70,900
2016 $6,720 $85,900 $15,000 $70,900
2015 $6,522 $85,900 $15,000 $70,900
2014 $6,345 $85,900 $15,000 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Louis Chang

    Seller's Agent in 2022

    Louis Chang

    REDSTONE REALTY LLC

    (732) 762-4340

    5 in this area

    21 Total Sales

    Louis Chang
    Section Image

  • J

    Seller's Agent in 2018

    JOSE DE OLIVEIRA

    VYLLA HOME

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2251499M

All Jersey MLS

APN: 12-00111-0000-00004

New Jersey Union County Plainfield 07060

661 S 2nd St, Plainfield, NJ

Not Listed for Sale

MultiFamily

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