$550,000

Estimated payment $3,320/month

Total Views 2,534
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Cheaper than renting!!! This two-family home was fully renovated in 2024, modern finishes and all new appliances (one year old). Perfect for investors or first-time homebuyers. The first-floor features two bedrooms plus an extra room that can be used as a third bedroom or home office. First floor will be delivered vacant. The second floor offers a spacious open concept living and dining area, three bedrooms, and an additional bonus room ideal as a fourth bedroom or office. Each unit pays its own utilities for added convenience. Second floor is rented $2,000/monthly. Enjoy the fenced backyard, perfect for pets or outdoor gatherings. Low taxes of approximately $5,084 and rent income from the second floor makes this property a great deal. Conveniently located less than a quarter mile from the bus station, commuting is easy. This home also qualifies for many programs: Community Reinvestment Act (CRA) programs, first time homebuyer down -payment assistance, closing costs assistance and first generation for buyers that qualifies for these programs. NJMFA First Generation Down Payment Assistance Program provides up to $17,000 - $22,0000 in total assistance when combined with other NJMFA programs. If you want to know if you qualify, reach out. FYI: Pictures don't show the beauty of this house. Come and see it in person please.

Listing Agent

Christopher Clark

Weichert Realtors, Summit Listed on: 11/06/2025

Weichert Realtors, Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,084

Lot Details

  • 2,374 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 49 / 2647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,084

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 908-277-1200
  • MLS Status: Active - Active
  • Directions: Clinton Ave to S 16th St to S 15th St
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2374.0

Tax Info

  • Tax Annual Amount: 5084.0
  • Tax Block: 2647
  • Tax Lot: 49

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 $4,984 $211,000 $11,000 $200,000
2024 $4,984 $133,700 $11,000 $122,700
2023 $4,995 $133,700 $11,000 $122,700
2022 $4,995 $133,700 $11,000 $122,700
2021 $4,992 $133,700 $11,000 $122,700
2020 $5,081 $133,700 $11,000 $122,700
2019 $5,028 $133,700 $11,000 $122,700
2018 $4,938 $133,700 $11,000 $122,700
2017 $4,760 $133,700 $11,000 $122,700
2016 $4,599 $133,700 $11,000 $122,700
2015 $4,424 $133,700 $11,000 $122,700
2014 $4,146 $133,700 $11,000 $122,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $550,000 +29.4% --
06/13/2024 06/13/24 Sold $425,000 +7.6% -- View Prior Sale
03/14/2024 03/14/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $395,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $425,000 Prestige Title
Deed $20,000 None Available
Deed -- None Available
Deed In Lieu Of Foreclosure -- North American Title
Bargain Sale Deed $305,000 Town Title Agency Llc
Bargain Sale Deed $70,000 First American Title Ins Co
Bargain Sale Deed $65,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $300,287 FHA
Source: Public Records

Source: New Jersey MLS

MLS Number: 25040486

New Jersey MLS

APN: 14-02647-0000-00049