NOT LISTED FOR SALE

Estimated Value: $453,000 - $575,706

7 Beds
2.5 Baths
1,876 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2021

Last sale price $315,000 $168 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,604 / mo

107 Days on Market

About This Home

As of December 2021

The property is a legal 2 family with the first floor consisting of a 3 bed 1 bath unit, approximately 961 square feet, currently rented for $1,500. The second floor is a 4 bed 1 bath duplex unit, approximately 1,423 square feet, currently rented paying $1,650. The property utilities have been separate so the tenants are paying their own heat, hot water, gas and electric. With the current cash flow and expenses an investor can expect an approximately 6.28% return on their money with upside potential in added value to both apartments.

Last Agent to Sell the Property

Eric Eckhardt

EXP Realty, LLC Listed on: 06/15/2021

EXP Realty, LLC

Last Buyer's Agent

Lourdes Marte

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Lot Details

  • 2,500

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • 2,500 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00027 / 00205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Clinton St to Garfield Ave to Arch St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7331.0
  • Tax Block: 00205
  • Tax Lot: 00027

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Nov 19, 2021
Sold by
Bought by
Seller's Agent
Eric Eckhardt
EXP Realty, LLC
Buyer's Agent
Lourdes Marte
Coldwell Banker, Upper Montclair
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$532,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,355
Avg. Annual Appreciation
12.07%
Original Mortgage
$315,000
Interest Rate
0.0309%
Mortgage Type
VA

Purchase Details

Listed on
Apr 21, 2017
Closed on
Aug 16, 2017
Sold by
Bought by
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
Dan Shiver
QUICK SALE CLOSING
List Price
$65,500
Sold Price
$56,100
Premium/Discount to List
-$9,400
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.66%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2001
Sold by
Bought by

Purchase Details

Closed on
May 18, 2001
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 Foundation Title Llc
$56,100 Main Street Title
-- None Available
-- --
$115,000 --
$51,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $315,000 -4.5% $168 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $329,900 -1.5% $176 / Sq Ft
07/21/2021 07/21/21 Price Changed $334,900 -4.0% $179 / Sq Ft
06/15/2021 06/15/21 For Sale $349,000 +522.1% $186 / Sq Ft
09/22/2017 09/22/17 Sold $56,100 -14.4% $30 / Sq Ft View Prior Sale
08/03/2017 08/03/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $65,500 -- $35 / Sq Ft
Source: New Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,947 $175,600 $31,900 $143,700
2024 $8,610 $175,600 $31,900 $143,700
2022 $8,151 $175,600 $31,900 $143,700
2021 $7,860 $175,600 $31,900 $143,700
2020 $7,331 $175,600 $31,900 $143,700
2019 $7,102 $171,800 $31,400 $140,400
2018 $7,324 $169,300 $31,100 $138,200
2017 $6,985 $167,900 $30,900 $137,000
2016 $7,693 $177,300 $32,500 $144,800
2015 $7,283 $177,300 $32,500 $144,800
2014 $9,982 $344,200 $146,500 $197,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21024147

New Jersey MLS

APN: 08-00205-0000-00027

Your Personal Tour Guide

Ask me questions while you tour the home.