NOT LISTED FOR SALE

70 W Railroad Ave Jamesburg, NJ 08831

Estimated Value: $667,153

-- Bed
2 Baths
1,664 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $535,000 $322 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,378/month

180 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Property is near shops
  • Carpet
  • Shed
  • Private Entrance
  • 4-minute walk to Veterans Memorial Park

About This Home

As of May 2022

Check out this stunning colonial commercial multi-use property located on Railroad Ave In the heart of Jamesburg. This property includes multiple office units as well as second entrance with reception area. First floor has 3 offices. Second floor has 2 offices. Second floor potential rental unit with kitchen and full bath, can also be used as two bedroom apartment. New carpeting. Endless possibilities with this property. Plenty of onsite parking.

Last Agent to Sell the Property

Michael Matthews

ORANGE KEY REALTY, INC. Listed on: 11/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,636

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near shops

Utilities

  • Radiator
  • Private Water Source
  • Oil Water Heater

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,636

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2543
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1925
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Oil), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Slab, Exterior Entry, Storage Space, Interior Entry
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(3 Bedrooms,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1664
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, See Remarks
  • Exterior Features: Porch(es) - Enclosed, Curbs, Porch(es) - Open, Sidewalk, Storage Shed, Semi-Private Entry, Porch
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street, 4(+)Car Parking

Utilities

  • Gas Company: Oil
  • Cooling: Ceiling Fan(s),A/C Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 11077
  • Zoning: PO/R

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 8636
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
May 4, 2022
Sold by
70 West Railroad Llc
Bought by
Kagan Pascua 70 Llc
Seller's Agent
Michael Matthews
ORANGE KEY REALTY, INC.
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$667,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,153
Avg. Annual Appreciation
6.75%
Original Mortgage
$104,000
Outstanding Balance
$98,664
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$568,489

Purchase Details

Closed on
Nov 9, 2009
Sold by
Toto Too Llc
Bought by
70 West Railroad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2003
Sold by
Seminara Rose
Bought by
Toto Laura Fischer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
5.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Kagan Pascua 70 Llc $535,000 New Title Company Name
Kagan Pascua 70 Llc $535,000 New Title Company Name
70 West Railroad Llc $270,000 None Available
Toto Laura Fischer $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kagan Pascua 70 Llc $104,000
Closed Kagan Pascua 70 Llc $104,000
Previous Owner 70 West Railroad Llc $202,500
Previous Owner Toto Laura Fischer $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2022 06/26/22 Off Market $535,000 -- --
05/23/2022 05/23/22 Sold $535,000 0.0% $322 / Sq Ft
11/24/2021 11/24/21 For Sale $535,000 -- $322 / 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 $9,916 $144,300 $49,900 $94,400
2024 $9,589 $144,300 $49,900 $94,400
2023 $9,589 $144,300 $49,900 $94,400
2022 $8,905 $135,300 $49,900 $85,400
2021 $8,711 $135,300 $49,900 $85,400
2020 $8,636 $135,300 $49,900 $85,400
2019 $8,632 $135,300 $49,900 $85,400
2018 $8,543 $135,300 $49,900 $85,400
2017 $8,481 $135,300 $49,900 $85,400
2016 $8,420 $135,300 $49,900 $85,400
2015 $8,192 $135,300 $49,900 $85,400
2014 $7,827 $135,300 $49,900 $85,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Matthews

    Seller's Agent in 2022

    Michael Matthews

    ORANGE KEY REALTY, INC.

    (732) 742-2570

    5 in this area

    302 Total Sales

    Michael Matthews
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Map

Source: All Jersey MLS

MLS Number: 2207096R

All Jersey MLS

APN: 08-00039-0000-00009

New Jersey Middlesex County Jamesburg 08831

70 W Railroad Ave, Jamesburg, NJ

This home is located at 70 W Railroad Ave, Jamesburg, NJ 08831 since 24 November 2021 and is currently estimated at $667,153, approximately $400 per square foot. This property was built in 1925. 70 W Railroad Ave is a home located in Middlesex County with nearby schools including John F. Kennedy Elementary School, Grace M. Breckwedel Middle School, and Immaculate Conception School.

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