NOT LISTED FOR SALE

71 Welton St New Brunswick, NJ 08901

Estimated Value: $587,000 - $807,000

-- Bed
-- Bath
-- Sq Ft
3,994 Sq Ft Lot

Last Sold September 24, 2020

Last sale price $424,000

Est. 59% increase in value since last sale

Current estimated payment $4,509/month

47 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Level Lot
  • Porch
  • Utility Room

About This Home

As of September 2020

Great Brick 2 Family with 2 units. 1st Floor rented, 2nd floor recently vacant. Rents have been $2000 and $1895 respectively. Each unit has ample space and bedrooms. Plenty of driveway parking, yard, and basement. Owner holds N.J. Real Estate License.

Last Agent to Sell the Property

Maureen Leong

KELLER WILLIAMS TEAM REALTY Listed on: 07/09/2020

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,443

Year Built

  • Built in 1924

Lot Details

  • 3,994 Sq Ft Lot
  • Lot Dimensions are 33x121
  • Level Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Oven or Range
  • Partially Finished Basement

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Community Details

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,443

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0917
  • Lot Size: 33x121
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1924
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Partially Finished, Utility Room
  • Interior Amenities: Unit 1(4 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(4 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, See Remarks, Level, Near Public Transit
  • Exterior Features: Patio, Porch(es) - Open
  • Patio And Porch Features: Patio, Porch(es) - Open
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3994
  • Zoning: R-5A

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 9443
  • Tax Year: 2019

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 9, 2020
Closed on
Sep 23, 2020
Sold by
Cm3 Realty Llc
Bought by
Villar Dionidez Lauro and Villar Norma Lauro
Seller's Agent
Maureen Leong
KELLER WILLIAMS TEAM REALTY
List Price
$424,000
Sold Price
$424,000
Current Estimated Value
$673,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,010
Avg. Annual Appreciation
9.78%
Original Mortgage
$318,000
Outstanding Balance
$282,328
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$390,682

Purchase Details

Closed on
Jun 28, 2019
Sold by
Perkins Eric R
Bought by
Cm3 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,200
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2012
Sold by
Suydam Street Llc
Bought by
Minaya Andres and Minaya Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2012
Sold by
Desai Jatin
Bought by
Suydam Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Villar Dionidez Lauro $424,000 New Title Company Name
Cm3 Realty Llc $318,000 Fidelity National Ttl Ins Co
Minaya Andres $300,000 Agent For Old Republic Na
Suydam Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villar Dionidez Lauro $318,000
Previous Owner Cm3 Realty Llc $286,200
Previous Owner Minaya Andres $1,023,750
Previous Owner Minaya Andres $275,000
Previous Owner Suydam Street Llc $15,000
Previous Owner Suydam Street Llc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $424,000 0.0% --
08/25/2020 08/25/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $424,000 -- --
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 $10,445 $398,800 $94,400 $304,400
2024 $10,141 $398,800 $94,400 $304,400
2023 $10,141 $398,800 $94,400 $304,400
2022 $9,926 $398,800 $94,400 $304,400
2021 $7,289 $398,800 $94,400 $304,400
2020 $9,850 $398,800 $94,400 $304,400
2019 $9,663 $398,800 $94,400 $304,400
2018 $9,444 $398,800 $94,400 $304,400
2017 $9,069 $398,800 $94,400 $304,400
2016 $10,617 $181,000 $31,300 $149,700
2015 $10,364 $181,000 $31,300 $149,700
2014 $10,179 $181,000 $31,300 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2019165

All Jersey MLS

APN: 13-00132-0000-00010