Seller's Agent in 2024
Robert Dekanski
RE/MAX
(800) 691-0485
23 in this area
2,924 Total Sales
8 Bright St South River, NJ 08882
Estimated Value: $520,192 - $542,000
--
Bed
--
Bath
1,584
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Private Yard
- Enclosed patio or porch
- Baseboard Heating
- 2 Car Detached Garage
- Property is near shops
- Private Entrance
About This Home
As of January 2024Look no further for Your Next Great Investment Opportunity! Multifamily home in South River boasts endless possibilities. Live in 1 unit while renting out the other, or rent out both for maximum gain! Upon entrance of the 1st Floor Unit you will find a light and bright Sunporch. The spacious Living Rm offers wall to wall carpet and holds a large bay window allowing in tons of natural light. Formal Dining Rm is perfect for hosting dinner guests. The Eat in Kitchen offers Ceramic Tile Flooring, Mosaic Tile Backsplash and a plethora of cabinetry. 1 Generous sized Bedroom and full bath with Tub Shower completes this unit. The 2nd Floor Unit holds a large Living Rm with wall to wall carpet, Eat in Kitchen with Ceramic Tile Flooring and Backsplash, 3 Bedrooms and Full Bath with Tub Shower. Finish off the Full Attic for extra Living space or use for storage. Full Basement holds utilities and storage area. Relax outdoors on the Patio. 2 Car Detached Garage and Concrete Driveway offers ample parking space. Close to shopping, restaurants, Major Hwys & public transportation for an easy commute! Come see for yourself!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,485
Year Built
- Built in 1906
Lot Details
- 3,001 Sq Ft Lot
- Lot Dimensions are 100.00 x 0.00
- Private Entrance
- Fenced
- Level Lot
- Private Yard
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Asphalt Roof
Interior Spaces
- 1,584 Sq Ft Home
- 2-Story Property
- Utility Room
- Carpet
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Baseboard Heating
- Oil Water Heater
Additional Features
- Enclosed patio or porch
- Property is near shops
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(see remarks), unit 2 owner pays(see remarks)
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Jan 10, 2024
Sold by
Costello Edith
Bought by
Darocha Holdings Llc
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$425,000
Sold Price
$467,500
Premium/Discount to List
$42,500
10%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,568
Avg. Annual Appreciation
8.56%
Purchase Details
Closed on
Mar 25, 2019
Sold by
Bunch Edgar Lee and Costello Edith
Bought by
Costello Edith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2010
Sold by
Bunch Mary Ann
Bought by
Bunch Edgar Lee and Costello Edith
Purchase Details
Closed on
Mar 5, 2010
Sold by
Bunch Mary Ann
Bought by
Bunch Mary Ann
Purchase Details
Closed on
Jun 18, 2008
Sold by
Genard Joseph R
Bought by
Genard Joseph R
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Darocha Holdings Llc | $467,500 | Foundation Title | |
| Costello Edith | $108,000 | Amrock Inc | |
| Bunch Edgar Lee | -- | None Available | |
| Bunch Mary Ann | -- | None Available | |
| Genard Joseph R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Costello Edith | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2024 01/10/24 | Sold | $467,500 | +10.0% | $295 / Sq Ft |
| 11/16/2023 11/16/23 | For Sale | $425,000 | -- | $268 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $5,582 | $225,900 | $85,500 | $140,400 |
| 2023 | $5,582 | $225,900 | $85,500 | $140,400 |
| 2022 | $5,485 | $225,900 | $85,500 | $140,400 |
| 2021 | $3,931 | $225,900 | $85,500 | $140,400 |
| 2020 | $5,166 | $225,900 | $85,500 | $140,400 |
| 2019 | $4,835 | $58,700 | $13,100 | $45,600 |
| 2018 | $4,719 | $58,700 | $13,100 | $45,600 |
| 2017 | $4,546 | $58,700 | $13,100 | $45,600 |
| 2016 | $4,374 | $58,700 | $13,100 | $45,600 |
| 2015 | $4,276 | $58,700 | $13,100 | $45,600 |
| 2014 | $4,178 | $58,700 | $13,100 | $45,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2024
Rajat Seth
RE/MAX
(908) 242-0002
4 in this area
283 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2405442R
APN: 23-00096-0000-00005
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