$490,000
SOLD DEC 9, 2022

68 Welton St New Brunswick, NJ 08901

-- Bed
-- Bath
2,830 Sq Ft
3,999 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

6% Below List Price

73 Days on Market

About This Home

As of December 2022

Investor special! 8 beds investment property located in the heart of New Brunswick. A few blocks from College Ave Campus. Great rental income. Being sold as is. Buyer is responsible for CO and all certifications. Lots of potential, this one is a must see! 3D tour and income/expense report available upon request.

Last Agent to Sell the Property

Joel Cristobal

EXP REALTY, LLC Listed on: 09/27/2022

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,471

Year Built

  • Built in 1920

Interior Spaces

  • 2,830 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House

Additional Features

  • 3,999 Sq Ft Lot
  • Water Heater

Listing and Financial Details

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

Community Details

Overview

  • New Brunswick Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,471

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Lot Size: 0.00 x 0.00
  • Ownership: See Remarks
  • Subdivision Name: New Brunswick
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1920
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(See Remarks)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(See Remarks,Water), Unit 3 Owner Pays(See Remarks,Water)
  • Has Basement: Full, None, Utility Room
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 3(2 Bedrooms,See Remarks)
  • Living Area: 2830
  • Stories: 3

Exterior Features

  • Lot Features: See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, See Remarks, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3999
  • Zoning: R-5A

Rental Info

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

Tax Info

  • Tax Annual Amount: 8471
  • Tax Year: 2021

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 6, 2022
Sold by
Salvador Adrien
Bought by
Welton Leasing Llc
Seller's Agent
Joel Cristobal
EXP REALTY, LLC
List Price
$520,000
Sold Price
$490,000
Premium/Discount to List
-$30,000
-5.77%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$367,500
Outstanding Balance
$356,540
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$253,767

Purchase Details

Closed on
May 19, 2020
Sold by
Cm3 Realty Llc
Bought by
Salvador Adrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2019
Sold by
Perkins Eric R
Bought by
Cm3 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
$261,360
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2010
Sold by
Desai Jatin
Bought by
Minaya Andres and Minaya Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 6, 2001
Sold by
Wieland Richard
Bought by
Desai Jatin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $490,000 Land Title
Deed $400,000 All Ahead Title Agency
Deed $275,000 Fidelity National Ttl Ins Co
Deed $275,000 Trans County Title Agency Ll
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Previous Owner $392,755 FHA
Previous Owner $261,360 Commercial
Previous Owner $1,023,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $875,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $589,000 +20.2% --
12/09/2022 12/09/22 Sold $490,000 -5.8% $173 / Sq Ft
09/27/2022 09/27/22 For Sale $520,000 -- $184 / 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
2024 $8,689 $341,700 $102,500 $239,200
2023 $8,689 $341,700 $102,500 $239,200
2022 $8,505 $341,700 $102,500 $239,200
2021 $6,310 $341,700 $102,500 $239,200
2020 $8,440 $341,700 $102,500 $239,200
2019 $8,279 $341,700 $102,500 $239,200
2018 $8,091 $341,700 $102,500 $239,200
2017 $7,770 $341,700 $102,500 $239,200
2016 $6,939 $118,300 $32,500 $85,800
2015 $6,774 $118,300 $32,500 $85,800
2014 $6,653 $118,300 $32,500 $85,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JASON KUNZMAN

    SIGNATURE REALTY NJ

  • J

    Seller's Agent in 2022

    Joel Cristobal

    EXP REALTY, LLC

    (201) 957-2082

    2 in this area

    9 Total Sales

    Joel Cristobal
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2304029R

All Jersey MLS

APN: 13-00140-0000-00028-01

New Jersey Middlesex County New Brunswick 08901

68 Welton St, New Brunswick, NJ

This home is located at 68 Welton St, New Brunswick, NJ 08901 and is currently priced at $490,000, approximately $173 per square foot. This property was built in 1920. 68 Welton St is a home located in Middlesex County with nearby schools including New Brunswick High School, Central Jersey College Prep Charter School, and St. Mary of Mount Virgin School.

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