NOT LISTED FOR SALE

7 Lefferts St Carteret, NJ 07008

Estimated Value: $544,000 - $605,000

-- Bed
-- Bath
1,888 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $499,000 $264 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,757/month

70 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Fenced
  • 2 Car Detached Garage
  • Utility Room
  • 3-minute walk to John Street Soccer Park

About This Home

As of September 2022

2 Family Money Maker. Interior Fully Renovated. Great for Investors as well Owner Occupants, live in 1 Unit & Rent other to Pay Mortgage. Tenants pay all Utilities except Water & Sewer. All New Furnace, Water Heaters, Plumbing, Kitchens,Bathrooms & Floors. Eat-In Kitchen includes Dish Washer. Both Units with Washer/Dryer Hookups. 2 Car Garage Rented for $270 per Month. Potential Rental Income is $49,680 with Cap Rate of 8.02%. Low Taxes & Great Location for NYC Commuters.

Last Listed By

Nadeem Qavi

RE/MAX COMPETITIVE EDGE Listed on: 07/07/2022

RE/MAX COMPETITIVE EDGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1900

Lot Details

  • 7,649 Sq Ft Lot
  • Lot Dimensions are 153.00 x 50.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Colwell Iron Works Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,457

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1756
  • Lot Size: 153.00 x 50.00
  • Ownership: Fee Simple
  • Subdivision Name: Colwell Iron Works
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Utility Room
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1888
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Train
  • Exterior Features: Fencing/Wall
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7649
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 6457
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 13, 2022
Sold by
Jin Yuqin
Bought by
Savr Estates Llc
Seller's Agent
Nadeem Qavi
RE/MAX COMPETITIVE EDGE
List Price
$499,000
Sold Price
$499,000
Total Days on Market
70
Views
10
Current Estimated Value
$571,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,959
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Sep 16, 2019
Sold by
Seretary Of Housing & Urban Devleopment
Bought by
Jin Yuqin

Purchase Details

Closed on
Sep 7, 2016
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban Develop

Purchase Details

Closed on
Feb 4, 2009
Sold by
Brus Michael
Bought by
Trella Robert Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,648
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2008
Sold by
Mazan Anastasia and Bird Mary
Bought by
Brus Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Savr Estates Llc $499,000 Surety Title
Jin Yuqin $172,500 Collegiate Title Corporation
Secretary Of Housing And Urban Develop -- None Available
Trella Robert Stephen $430,000 New Jersey Title Ins Co
Brus Michael $250,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trella Robert Stephen $415,648
Previous Owner Brus Michael $246,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $499,000 0.0% $264 / Sq Ft
07/07/2022 07/07/22 For Sale $499,000 -- $264 / 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 $6,712 $216,100 $99,300 $116,800
2023 $6,712 $216,100 $99,300 $116,800
2022 $6,526 $216,100 $99,300 $116,800
2021 $6,457 $216,100 $99,300 $116,800
2020 $6,215 $216,100 $99,300 $116,800
2019 $6,036 $216,100 $99,300 $116,800
2018 $5,893 $216,100 $99,300 $116,800
2017 $5,683 $216,100 $99,300 $116,800
2016 $5,539 $174,900 $69,300 $105,600
2015 $5,459 $174,900 $69,300 $105,600
2014 $5,221 $174,900 $69,300 $105,600
Source: Public Records

Agents Affiliated with this Home

  • Nadeem Qavi

    Seller's Agent in 2022

    Nadeem Qavi

    RE/MAX

    1 in this area

    28 Total Sales

    Nadeem Qavi
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Map

Source: All Jersey MLS

MLS Number: 2300184R

All Jersey MLS

APN: 01-05505-0000-00047

New Jersey Middlesex County Carteret 07008

7 Lefferts St, Carteret, NJ

This home is located at 7 Lefferts St, Carteret, NJ 07008 since 07 July 2022 and is currently estimated at $571,959, approximately $302 per square foot. This property was built in 1900. 7 Lefferts St is a home located in Middlesex County with nearby schools including Carteret High School and St Joseph School.

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