NOT LISTED FOR SALE

Estimated Value: $567,460 - $726,000

4 Beds
2 Baths
-- Sq Ft
6,251 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $550,000

Est. 17% increase in value since last sale

Current estimated payment $4,201/month

43 Days on Market

About This Home

As of August 2022

Excellent investment property. Great opportunity to own this income producing 2 unit dwelling located in the heart of Belleville (Silver Lake Section) with detached 2 car garage and driveway. This multi-unit dwelling is fully occupied. 1st fl & 2nd fl each feature 2 bedrooms, living room, kitchen and full bathroom. Open porch with enclosed metal fence and unfinished basement. Investors ideal dream home, centralized to all major highways and public transportation (bus stops and train stations).

Last Agent to Sell the Property

Mark Castro

Total Realty Resource Listed on: 04/28/2022

Total Realty Resource

Last Buyer's Agent

Patty Badia

Weichert Realtors, Clifton

Weichert Realtors, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,102

Year Built

  • 1887

Lot Details

  • 6,251

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 6,251 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00019 / 02002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,102

Year Built

1887

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (973) 607-2001
  • MLS Status: Sold - Sold
  • Directions: Franklin St between Lake Street and North 7th Street
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1887

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 6251.0

Tax Info

  • Tax Annual Amount: 9102.0
  • Tax Block: 02002
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 3, 2022
Sold by
69-71 Eugene Street Llc
Bought by
Rodas John A and Rodas-Chuya Nathaly B
Seller's Agent
Mark Castro
Total Realty Resource
Buyer's Agent
Patty Badia
Weichert Realtors, Clifton
List Price
$399,999
Sold Price
$550,000
Premium/Discount to List
$150,001
37.5%
Total Days on Market
43
Current Estimated Value
$642,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,115
Avg. Annual Appreciation
5.64%
Original Mortgage
$562,650
Outstanding Balance
$540,725
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$101,390

Purchase Details

Closed on
Feb 13, 2015
Sold by
Hashemi Sohi Seyed
Bought by
69-71 Eugene Street Llc

Purchase Details

Closed on
May 13, 1999
Sold by
Rapacon Magdalenda
Bought by
Sohi Seyed Hashemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.85%
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 Buyer Sale Price Title Company
Rodas John A $550,000 Fidelity National Title
69-71 Eugene Street Llc $158,000 --
Sohi Seyed Hashemi $127,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodas John A $562,650
Previous Owner Hashemi Sohi Seyed H $364,000
Previous Owner Sohi Seyed H Hashemi $50,000
Previous Owner Sohi Seyed Hashemi $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $550,000 +37.5% --
06/10/2022 06/10/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $399,999 -- --
Source: New 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 $9,519 $284,400 $114,200 $170,200
2022 $9,366 $243,200 $114,200 $129,000
2021 $9,229 $243,200 $114,200 $129,000
2020 $9,103 $243,200 $114,200 $129,000
2019 $8,612 $243,200 $114,200 $129,000
2018 $9,833 $245,200 $104,200 $141,000
2017 $9,506 $245,200 $104,200 $141,000
2016 $9,401 $245,200 $104,200 $141,000
2015 $9,082 $245,200 $104,200 $141,000
2014 $8,839 $245,200 $104,200 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22015606

New Jersey MLS

APN: 01-02002-0000-00019