NOT LISTED FOR SALE

Estimated Value: $413,000 - $550,000

4 Beds
2 Baths
1,720 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $410,000 $238 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,255/month

167 Days on Market

Highlights

  • Property is near public transit
  • Shed
  • Carpet
  • Accessibility Features
  • Utility Room
  • 2-minute walk to Kossuth Park

About This Home

As of January 2024

Fantastic opportunity to buy in one of the most desirable Wards in New Brunswick! Nestled between Robert Wood Johnson Hospital and Rutgers University, this 2 family property is oozing with opportunity! Both apartments have identical layouts. 2 bedrooms 1 bath with a living room and kitchen. The basement is clean, the attic is unfinished and the front porch gets plenty of sun! Tenant on the first floor paying $1400 a month and on a MTM Lease. Upstairs will be vacant (owner currently living there). House sold strictly as-is, buyer to be responsible for CO from the town. Owner does not wish to remove their furniture from upstairs either. Lots of value add opportunity with this property. Don't miss out!

Last Agent to Sell the Property

Peter Tverdov

TVERDOV HOUSING Listed on: 08/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1922

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 25x150

Home Design

  • Slate Roof

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • 200+ Amp Service
  • Gas Available at Street
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Shed

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)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,260

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0861
  • Lot Size: 25X150
  • 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), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Full, Laundry Facilities, Storage Space, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,2 Bedrooms,Kitchen,Living Room)
  • Living Area: 1720
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Storage Shed
  • Other Structures: Shed(s)
  • Roof: Slate

Utilities

  • Gas Company: Oil
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Electric: 200 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3751
  • Zoning: 5TH

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 7260
  • Tax Year: 2022

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
Aug 11, 2023
Closed on
Dec 7, 2023
Sold by
Demalis Stamatiki
Bought by
Delayo Madeline
Seller's Agent
Peter Tverdov
TVERDOV HOUSING
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
Views
22
Current Estimated Value
$491,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,312
Avg. Annual Appreciation
11.66%
Original Mortgage
$389,500
Interest Rate
6.66%
Mortgage Type
New Conventional
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
Delayo Madeline $410,000 First American Title
Delayo Madeline $410,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delayo Madeline $15,000
Previous Owner Delayo Madeline $389,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $410,000 +9.3% $238 / Sq Ft
08/11/2023 08/11/23 For Sale $375,000 -- $218 / 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 $7,640 $291,700 $120,500 $171,200
2024 $7,640 $291,700 $120,500 $171,200
2023 $7,418 $291,700 $120,500 $171,200
2022 $7,260 $291,700 $120,500 $171,200
2021 $5,094 $291,700 $120,500 $171,200
2020 $7,205 $291,700 $120,500 $171,200
2019 $7,068 $291,700 $120,500 $171,200
2018 $6,907 $291,700 $120,500 $171,200
2017 $6,633 $291,700 $120,500 $171,200
2016 $6,764 $115,300 $32,200 $83,100
2015 $6,602 $115,300 $32,200 $83,100
2014 $6,484 $115,300 $32,200 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2351579M

All Jersey MLS

APN: 13-00418-0000-00024