NOT LISTED FOR SALE

8 Alexander St New Brunswick, NJ 08901

Estimated Value: $463,000 - $538,000

-- Bed
-- Bath
2,016 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $390,000 $193 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,277/month

58 Days on Market

Highlights

  • Property is near public transit
  • Utility Room
  • Radiator

About This Home

As of September 2021

Rare opportunity to own this turn-key income producing 2 family near down town. Each unit has 3 bed 1 bathroom. Close to shopping, train, Rutgers.

Last Agent to Sell the Property

Joe Colella

EXP REALTY, LLC Listed on: 06/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 1922

Lot Details

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

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • 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(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,042

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1922
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Storage Space, Utility Room
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(3 Bedrooms,1 Bath)
  • Living Area: 2016
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: 5TH

Tax Info

  • Tax Annual Amount: 7042
  • Tax Year: 2020

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
Jun 5, 2021
Closed on
Aug 25, 2021
Sold by
Kislan Donald
Bought by
R2s Investors Llc
Seller's Agent
Joe Colella
EXP REALTY, LLC
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$500,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,761
Avg. Annual Appreciation
6.32%
Original Mortgage
$273,000
Outstanding Balance
$248,039
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$252,722

Purchase Details

Closed on
Apr 19, 2002
Sold by
Caspers George
Bought by
Kislan Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
7%
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
R2s Investors Llc $390,000 Clear To Close Title
R2s Investors Llc $390,000 First American Title
Kislan Donald $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R2s Investors Llc $273,000
Closed R2s Investors Llc $273,000
Previous Owner Kislan Donald $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Off Market $390,000 -- --
09/01/2021 09/01/21 Sold $390,000 0.0% $193 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $390,000 -- $193 / 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
2025 $7,467 $285,100 $76,000 $209,100
2024 $7,250 $285,100 $76,000 $209,100
2023 $7,250 $285,100 $76,000 $209,100
2022 $7,096 $285,100 $76,000 $209,100
2021 $5,264 $285,100 $76,000 $209,100
2020 $7,042 $285,100 $76,000 $209,100
2019 $6,908 $285,100 $76,000 $209,100
2018 $6,751 $285,100 $76,000 $209,100
2017 $6,483 $285,100 $76,000 $209,100
2016 $8,072 $137,600 $25,000 $112,600
2015 $7,879 $137,600 $25,000 $112,600
2014 $7,739 $137,600 $25,000 $112,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joe Colella

    EXP REALTY, LLC

    (732) 266-0381

    4 in this area

    58 Total Sales

    Joe Colella
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2118392R

All Jersey MLS

APN: 13-00098-0000-00033

New Jersey Middlesex County New Brunswick 08901

8 Alexander St, New Brunswick, NJ

This home is located at 8 Alexander St, New Brunswick, NJ 08901 since 05 June 2021 and is currently estimated at $500,761, approximately $248 per square foot. This property was built in 1922. 8 Alexander St is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

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