NOT LISTED FOR SALE

692 Colgate Ave Perth Amboy, NJ 08861

Chickentown Neighborhood

Estimated Value: $515,261 - $656,000

-- Bed
-- Bath
1,960 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $470,000 $240 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,797/month

62 Days on Market

Highlights

  • Private Yard
  • Baseboard Heating
  • Fenced
  • Interior Lot

About This Home

As of September 2021

Show & Sell! This hidden gem 2 Family home is waiting for its new owner! Situated in the desirable Holy Spirit Section. Features all separate utilities, off street parking, full basement, fenced yard, vinyl siding and much more!

Last Agent to Sell the Property

John Galamb

RE/MAX 1st ADVANTAGE Listed on: 06/16/2021

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,849

Year Built

  • Built in 1929

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00
  • Fenced
  • Interior Lot
  • Private Yard

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Holy Spirit Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,849

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 100.00 x 50.00
  • Ownership: Fee Simple
  • Subdivision Name: Holy Spirit
  • 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(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Bath Full
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1960
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Interior Lot
  • Exterior Features: Curbs, Fencing/Wall, Yard

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-50

Rental Info

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

Tax Info

  • Tax Annual Amount: 6849
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 16, 2021
Sold by
Tommasso Fazio Living Trust and Fazio Rosa
Bought by
Acevedo Nestor O
Seller's Agent
John Galamb
RE/MAX 1st ADVANTAGE
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$585,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,315
Avg. Annual Appreciation
5.34%
Original Mortgage
$461,487
Outstanding Balance
$419,919
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$165,396
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Acevedo Nestor O $470,000 East Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Nestor O $461,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $470,000 0.0% $240 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $470,000 -- $240 / 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 $8,722 $289,100 $123,000 $166,100
2024 $8,705 $289,100 $123,000 $166,100
2023 $8,705 $289,100 $123,000 $166,100
2022 $8,601 $289,100 $123,000 $166,100
2021 $6,852 $230,000 $123,000 $107,000
2020 $6,849 $230,000 $123,000 $107,000
2019 $6,875 $230,000 $123,000 $107,000
2018 $6,815 $230,000 $123,000 $107,000
2017 $6,801 $230,000 $123,000 $107,000
2016 $6,624 $230,000 $123,000 $107,000
2015 $6,670 $230,000 $123,000 $107,000
2014 $6,711 $230,000 $123,000 $107,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Galamb

    RE/MAX

    (732) 300-9678

    2 in this area

    52 Total Sales

    John Galamb
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Map

Source: All Jersey MLS

MLS Number: 2119076R

All Jersey MLS

APN: 16-00302-0000-00041

New Jersey Middlesex County Perth Amboy 08861 Chickentown

692 Colgate Ave, Perth Amboy, NJ

Not Listed for Sale

MultiFamily

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