NOT LISTED FOR SALE

8 Elbert St Ramsey, NJ 07446

Estimated Value: $610,000 - $2,558,000

2 Beds
1 Bath
1,119 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $402,100 $359 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $7,444/month

24 Days on Market

About This Home

As of May 2023

2 BR 1 Bath Ramsey Cottage set back in a Private Setting. Home is in need of renovations and is being sold "AS IS" CONDITION. Close to Schools, NYC bus and train, and town ammenities. SALE IS SUBJECT TO THIRD PARTY APPROVAL. Value is in the Land. Buyer is responsible for All Town requirements, and to obtain C/O and Smoke detector certificate.

Last Agent to Sell the Property

Carol Van Blarcom

DRI Real Estate Co. Listed on: 07/03/2022

Last Buyer's Agent

Carol Van Blarcom

DRI Real Estate Co. Listed on: 07/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,114

Year Built

  • 1949

Lot Details

  • 0.52 Acre Lot
  • Corner Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Dater Elementary School
  • Eric Smith Middle School
  • Ramsey High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00009 / 02301

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,114

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: West
  • Co List Office Phone: (201) 652-2030
  • Outside Inclusions: as is
  • MLS Status: Sold - Sold
  • Directions: Main St, Cherry, Beverly, Elbert
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Basement Remarks: full

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Shingle Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Dater E.S.
  • High School: Ramsey H.S.
  • Middle Or Junior School: Eric Smith M.S.
  • Elementary: Dater E.S.

Lot Info

  • Lot Size Sq Ft: 22782.0

Tax Info

  • Tax Annual Amount: 12114.0
  • Tax Block: 02301
  • Tax Lot: 00009

MLS Schools

  • High School Text: Ramsey H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Nicolich Melissa Ann and Chosczyk Alexander J
Bought by
8 Elbert Llc
Total Days on Market
24
Current Estimated Value
$1,139,364

Purchase Details

Closed on
Apr 29, 2024
Sold by
Sebastian Enterprises Llc
Bought by
Nicolich Melissa Ann and Chosczyk Alexander J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2022
Closed on
May 17, 2023
Sold by
Monroe Daniel
Bought by
161 Ralph Llc
Seller's Agent
Carol Van Blarcom
DRI Real Estate Co.
Buyer's Agent
Carol Van Blarcom
DRI Real Estate Co.
List Price
$449,000
Sold Price
$402,100
Premium/Discount to List
-$46,900
-10.45%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.04%
Original Mortgage
$415,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2022
Sold by
161 Ralph Llc
Bought by
Sebastian Enterprises Llc
Source: Public Records

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Range of Values:

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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
8 Elbert Llc $663,500 Fortuna Title
Nicolich Melissa Ann $650,000 Carnegie Title
161 Ralph Llc $402,100 Prestige Title
Sebastian Enterprises Llc $452,500 Centurion Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8 Elbert Llc $1,552,000
Previous Owner Nicolich Melissa Ann $617,500
Previous Owner 161 Ralph Llc $415,000
Previous Owner Monroe Irene $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $402,100 -10.4% $359 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $449,000 -- $401 / Sq Ft
Source: New 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 $12,574 $466,400 $284,200 $182,200
2023 $12,050 $459,400 $284,200 $175,200
2022 $12,050 $459,400 $284,200 $175,200
2021 $11,912 $459,400 $284,200 $175,200
2020 $11,807 $459,400 $284,200 $175,200
2019 $11,292 $459,400 $284,200 $175,200
2018 $11,012 $459,400 $284,200 $175,200
2017 $10,805 $459,400 $284,200 $175,200
2016 $10,506 $459,400 $284,200 $175,200
2015 $9,938 $377,200 $277,300 $99,900
2014 $9,765 $374,500 $277,300 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22026866

New Jersey MLS

APN: 48-02301-0000-00009