NOT LISTED FOR SALE

68 Morrell St New Brunswick, NJ 08901

Estimated Value: $588,208 - $657,000

3 Beds
2 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $500,000

Est. 23% increase in value since last sale

Current estimated payment $4,091/month

281 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Property is near public transit
  • Ground Level Unit
  • Walk-in Shower

About This Home

As of November 2023

Attention all investors! Highly sought after 6th Ward, legal for 6 occupants! The home is in nice condition just 1 block off of College Avenue. Newer 5 to 7 year improvements include heat, roof, sidewalks, dishwasher, microwave, refrigerator. Eat in kitchen, spacious pantry, fenced back yard. Basement bedroom suite has outside access and has recently replaced toilet, vanity, bathroom flooring and sewer pipe. Tenants have renewed their lease for $2602 through May 30, 2024. The lease is under-rented as they have been long term students and the market rate is closer to $4000. (Can be increased with new tenants if 15% of the annual lease has been invested towards renovations). AS IS sale. Seller is having Oil tank removed with permits.

Last Agent to Sell the Property

Christina Huang

WEICHERT CO REALTORS Listed on: 02/22/2023

WEICHERT CO REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1897

Lot Details

  • 2,500 Sq Ft Lot
  • Fenced
  • Property is zoned 6TH

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage

Parking

  • On-Street Parking
  • Open Parking

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 6Th Ward Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,614

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0574
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: 6th Ward
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: At Grade, Ground Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1897
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower, Tub Shower
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Bath Full, Laundry Facilities, Other Room(s), Exterior Entry, Storage Space, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Dining Room, Kitchen, Living Room, 2 Bedrooms, Bath Main, None, Additional Bath, Additional Bedroom
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Exterior Features: Curbs, Fencing/Wall, Sidewalk
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s), None
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: 6TH

Tax Info

  • Tax Annual Amount: 8614
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Nov 22, 2023
Sold by
Tolia Parin and Tolia Parag
Bought by
Sne Properties Limited Liability Company
Seller's Agent
Christina Huang
WEICHERT CO REALTORS
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
178
Current Estimated Value
$613,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,302
Avg. Annual Appreciation
12.31%
Original Mortgage
$400,000
Outstanding Balance
$393,524
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$219,778

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 4, 2021
Sold by
Fabricante Michael J and Fabricante Lily
Bought by
Tolia Harendra and Tolia Parag
Seller's Agent
Antoine Chedid
C-21 BARROOD REALTORS
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$337,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2000
Sold by
Egan Michael
Bought by
Fabricante Michael and Fabricante Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.18%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Papawick Jean
Bought by
Egan Michael and Sisco Michael
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
Sne Properties Limited Liability Company $500,000 Emerald Title
Tolia Harendra $450,000 Trident Abstract Ttl Agcy Ll
Fabricante Michael $165,000 --
Egan Michael $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sne Properties Limited Liability Company $400,000
Previous Owner Tolia Harendra $337,500
Previous Owner Fabricante Michael $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $500,000 -4.8% --
02/22/2023 02/22/23 For Sale $525,000 +16.7% --
03/11/2021 03/11/21 Sold $450,000 0.0% $420 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $450,000 -- $420 / 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 $9,064 $365,800 $250,000 $115,800
2024 $8,801 $346,100 $250,000 $96,100
2023 $8,801 $346,100 $250,000 $96,100
2022 $8,614 $346,100 $250,000 $96,100
2021 $6,364 $346,100 $250,000 $96,100
2020 $8,549 $346,100 $250,000 $96,100
2019 $8,386 $346,100 $250,000 $96,100
2018 $8,196 $346,100 $250,000 $96,100
2017 $7,870 $346,100 $250,000 $96,100
2016 $6,142 $104,700 $32,500 $72,200
2015 $5,995 $104,700 $32,500 $72,200
2014 $5,888 $104,700 $32,500 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308915R

All Jersey MLS

APN: 13-00077-0000-00025