NOT LISTED FOR SALE

725 Parker St Perth Amboy, NJ 08861

Hall Avenue Neighborhood

Estimated Value: $516,000 - $593,000

-- Bed
-- Bath
1,860 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $550,000 $296 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,729/month

10 Days on Market

Highlights

  • Property is near public transit
  • Utility Room
  • Hot Water Baseboard Heater
  • Private Yard

About This Home

As of June 2024

Great investment 3 family opportunity! With tenants already in place all separate utilities, a well-maintained property with potential for steady rental income or owner occupant. Plus, the newer roof is a definite plus for minimizing maintenance costs in the near future.

Last Agent to Sell the Property

Enrique Hernandez

PETRA BEST REALTY LLC Listed on: 04/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,527

Year Built

  • Built in 1909

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00
  • Private Yard

Parking

  • On-Street Parking

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Oven or Range

Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,527

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Ownership: Sole Proprietorship
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1909
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 3(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Full, Exterior Entry, Storage Space, Utility Room
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Living Area: 1860
  • Stories: 3

Exterior Features

  • Lot Features: Near Train
  • Exterior Features: Yard

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 6527
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 13, 2024
Sold by
Fav Investments Llc
Bought by
725 Parker Street Llc
Seller's Agent
Enrique Hernandez
PETRA BEST REALTY LLC
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%
Views
57
Current Estimated Value
$568,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,133
Avg. Annual Appreciation
3.64%
Original Mortgage
$409,300
Outstanding Balance
$406,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$167,315

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 3, 2022
Sold by
Grant Limited Liability Company
Bought by
Fav Investments Llc
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$276,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
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
725 Parker Street Llc $550,000 Providence Abstract
Fav Investments Llc $425,000 Stewart Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 725 Parker Street Llc $409,300
Previous Owner Fav Investments Llc $276,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $550,000 -1.6% $296 / Sq Ft
04/15/2024 04/15/24 For Sale $559,000 +31.5% $301 / Sq Ft
06/26/2022 06/26/22 Off Market $425,000 -- --
05/23/2022 05/23/22 Sold $425,000 0.0% $228 / Sq Ft
03/02/2022 03/02/22 For Sale $425,000 -- $228 / 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 $7,413 $246,200 $76,400 $169,800
2023 $7,413 $246,200 $76,400 $169,800
2022 $6,527 $219,400 $76,400 $143,000
2021 $6,536 $219,400 $76,400 $143,000
2020 $6,534 $219,400 $76,400 $143,000
2019 $6,558 $219,400 $76,400 $143,000
2018 $5,659 $191,000 $76,400 $114,600
2017 $5,648 $191,000 $76,400 $114,600
2016 $5,501 $191,000 $76,400 $114,600
2015 $5,539 $191,000 $76,400 $114,600
2014 $5,573 $191,000 $76,400 $114,600
Source: Public Records

Agents Affiliated with this Home

  • Enrique Hernandez

    Seller's Agent in 2024

    Enrique Hernandez

    PETRA BEST REALTY LLC

    (732) 841-7029

    8 in this area

    138 Total Sales

    Section Image
  • Robert Dekanski

    Seller's Agent in 2022

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    3 in this area

    2,922 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    John Galamb

    RE/MAX

    (732) 300-9678

    2 in this area

    57 Total Sales

    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2410614R

All Jersey MLS

APN: 16-00358-0000-00016

New Jersey Middlesex County Perth Amboy 08861 Hall Avenue

725 Parker St, Perth Amboy, NJ

This home is located at 725 Parker St, Perth Amboy, NJ 08861 since 15 April 2024 and is currently estimated at $566,270, approximately $304 per square foot. This property was built in 1909. 725 Parker St is a home located in Middlesex County with nearby schools including Perth Amboy High School, Academy for Urban Leadership Charter School, and Assumption Catholic School.

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