NOT LISTED FOR SALE

72 George St South River, NJ 08882

Estimated Value: $473,232 - $521,000

-- Bed
-- Bath
1,279 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $380,000 $297 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,192/month

72 Days on Market

Highlights

  • Private Yard
  • Patio
  • Baseboard Heating
  • Air Conditioning
  • Shed
  • 5-minute walk to South River Parks & Recreation

About This Home

As of August 2021

Back on Market! Will not last! Amazing Investment Opportunity! Legal 2 Family Home. Great Location. Apt A features 2 bedrooms with spacious closets, 1.5 baths, kitchen, living room, finished walkout basement with plenty of storage. Apt B features 1 bedroom and a Bonus Room, spacious closets, 1 bath, kitchen, living room. 8 year old Timberline Roof, Windows & Siding. 4 Car Driveway. Fully fenced back yard. 15 min to Roberts Wood Johnson Hospital, 12 min to Rutgers University, 18 min to Middlesex Community College, close to public transportation to NY & Philadelphia. Close to shopping, parks, restaurants & entertainment. Property is NOT in a flood zone.

Last Agent to Sell the Property

Oksana Caspento

EXP REALTY, LLC Listed on: 05/15/2021

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1921

Lot Details

  • 3,498 Sq Ft Lot
  • Level Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room

Finished Basement

  • Exterior Basement Entry
  • Kitchen in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Community Details

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

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

$5,315

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0803
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1921
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, Bath Half, Daylight, Exterior Entry, Storage Space, Interior Entry, Utility Room, Kitchen, Laundry Facilities
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,Living Room,1 1/2 Baths), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room,See Remarks)
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Exterior Features: Patio, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3498
  • Zoning: R-75

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 5315
  • 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
May 15, 2021
Closed on
Aug 25, 2021
Sold by
Martins Teresinha and Estate Of Rogerio Martins
Bought by
George Alvin and George Evelyn
Seller's Agent
Oksana Caspento
EXP REALTY, LLC
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$494,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,058
Avg. Annual Appreciation
5.81%
Original Mortgage
$285,000
Outstanding Balance
$224,836
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$251,395

Purchase Details

Closed on
Mar 22, 2006
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
George Alvin $380,000 Shepherd Title Agency
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Alvin $285,000
Previous Owner Martins Rogerio $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $380,000 0.0% $297 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $380,000 -- $297 / 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 $5,995 $242,600 $97,500 $145,100
2023 $5,995 $242,600 $97,500 $145,100
2022 $5,643 $232,400 $97,500 $134,900
2021 $4,044 $232,400 $97,500 $134,900
2020 $5,315 $232,400 $97,500 $134,900
2019 $5,165 $62,700 $16,500 $46,200
2018 $5,040 $62,700 $16,500 $46,200
2017 $4,856 $62,700 $16,500 $46,200
2016 $4,672 $62,700 $16,500 $46,200
2015 $4,568 $62,700 $16,500 $46,200
2014 $4,463 $62,700 $16,500 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2112822R

All Jersey MLS

APN: 23-00147-0000-00019