NOT LISTED FOR SALE

Estimated Value: $617,000 - $748,000

-- Bed
-- Bath
3,240 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $580,000 $179 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,715/month

26 Days on Market

About This Home

As of December 2022

Fully rented 4 family.

Last Agent to Sell the Property

Felix Santana

J.J. ELEK REALTY CO. Listed on: 11/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,361

Year Built

  • Built in 1929

Lot Details

  • 2,666 Sq Ft Lot
  • Lot Dimensions are 100.00 x 26.67

Parking

  • On-Street Parking

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water), unit 4 owner pays(water)

Community Details

Overview

  • Patterson Grove Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,361

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0612
  • Lot Size: 100.00 x 26.67
  • Ownership: Fee Simple
  • Subdivision Name: Patterson Grove
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1929
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water), Unit 4 Owner Pays(Water)
  • Has Basement: Full, Storage Space, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,Living Room), Unit 4(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3240
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2666
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)

Tax Info

  • Tax Annual Amount: 10361
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 12, 2022
Sold by
Alvarez Jessica and Alvarez Adan
Bought by
671 Catherine St Llc
Seller's Agent
Felix Santana
J.J. ELEK REALTY CO.
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Views
3
Current Estimated Value
$705,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,631
Avg. Annual Appreciation
7.36%
Original Mortgage
$450,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2016
Sold by
Soto Ivan and Soto Esther
Bought by
Alvarez Jessica and Minaya Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
671 Catherine St Llc $580,000 Stewart Title Guaranty Company
671 Catherine St Llc $580,000 Stewart Title Guaranty Company
Alvarez Jessica $295,000 Two Rivers Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 671 Catherine St Llc $450,000
Previous Owner Minaya Adan $315,000
Previous Owner Alvarez Jessica $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $580,000 -1.5% $179 / Sq Ft
11/18/2022 11/18/22 For Sale $589,000 -- $182 / 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 $11,456 $379,700 $73,300 $306,400
2024 $10,472 $379,700 $73,300 $306,400
2023 $10,472 $347,800 $73,300 $274,500
2022 $10,347 $347,800 $73,300 $274,500
2021 $10,361 $347,800 $73,300 $274,500
2020 $10,357 $347,800 $73,300 $274,500
2019 $10,396 $347,800 $73,300 $274,500
2018 $10,305 $347,800 $73,300 $274,500
2017 $10,284 $347,800 $73,300 $274,500
2016 $10,017 $347,800 $73,300 $274,500
2015 $10,086 $347,800 $73,300 $274,500
2014 $10,149 $347,800 $73,300 $274,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2306103R

All Jersey MLS

APN: 16-00343-0000-00003