Seller's Agent in 2018
Paul O'Brien
Golden Rule Real EstateLLC
(609) 240-6022
1 in this area
8 Total Sales
69-71 N Main St Cranbury, NJ 08512
Estimated Value: $1,020,015
3
Beds
4
Baths
2,956
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- The Cranbury School Rated A
- En-Suite Primary Bedroom
- 3-minute walk to Village Park
About This Home
As of December 2018Opportunity knocks to own a revenue generating machine. Three one-bedroom apartments occupied with leases, village commercial space and successful ice cream business. Windows replaced in '15, gas furnace and hot water heater replaced in '11 and roof in November of '17. Tenants love the downtown Main Street Cranbury location and that all utilities less cable are included in the rent which leaves very little time between leases. Gil & Bert's Ice Cream is steamrolling into its 11th year with the season opening on April 1st and concluding on October 31st. Inquire today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,032
Year Built
- Built in 1842
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 83x126
Home Design
- Converted Dwelling
- Shingle Siding
Interior Spaces
- En-Suite Primary Bedroom
- 2,956 Sq Ft Home
- Partial Basement
Parking
- 1 Parking Space
- Driveway
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00045 02
- Assessor Parcel Number 02-00023-00045 02
Community Details
Overview
- No Home Owners Association
- Village Subdivision
Building Details
- Electric Expense $7,570
- Operating Expense $24,451
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2018
Closed on
Dec 7, 2018
Sold by
Irving Robert M and Ondocin Christine E
Bought by
69 71 N Main St Llc
Seller's Agent
Paul O'Brien
Golden Rule Real EstateLLC
Buyer's Agent
Paul O'Brien
Golden Rule Real EstateLLC
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,015
Original Mortgage
$480,000
Outstanding Balance
$408,266
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 24, 2006
Sold by
Gilbert Hilton Craig
Bought by
Irving Robert and Ondocin Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.4%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 69 71 N Main St Llc | $640,000 | First American Title Ins Co | |
| Irving Robert | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 69 71 N Main St Llc | $480,000 | |
| Closed | Boutureira Michael J | $150,000 | |
| Previous Owner | Irving Robert M | $390,000 | |
| Previous Owner | Irving Robert M | $60,837 | |
| Previous Owner | Irving Robert | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2018 12/07/18 | Sold | $840,000 | 0.0% | $284 / Sq Ft |
| 05/17/2018 05/17/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $840,000 | -- | $284 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,384 | $519,000 | $220,100 | $298,900 |
| 2023 | $9,384 | $519,000 | $220,100 | $298,900 |
| 2022 | $9,249 | $519,000 | $220,100 | $298,900 |
| 2021 | $6,952 | $519,000 | $220,100 | $298,900 |
| 2020 | $9,238 | $519,000 | $220,100 | $298,900 |
| 2019 | $9,337 | $519,000 | $220,100 | $298,900 |
| 2018 | $10,219 | $519,000 | $220,100 | $298,900 |
| 2017 | $9,871 | $514,900 | $220,100 | $294,800 |
| 2016 | $9,953 | $514,900 | $220,100 | $294,800 |
| 2015 | $9,773 | $514,900 | $220,100 | $294,800 |
| 2014 | $9,809 | $514,900 | $220,100 | $294,800 |
Source: Public Records
Agents Affiliated with this Home
-
Paul O'Brien
Map
Source: Bright MLS
MLS Number: 1005561029
APN: 02-00023-0000-00045-02
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