NOT LISTED FOR SALE

801 Park Ave Unit 7 Plainfield, NJ 07060

Estimated Value: $478,000 - $805,000

8 Beds
4 Baths
4,300 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $365,000 $85 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,209/month

12 Days on Market

Highlights

  • Water Views
  • 2 Car Attached Garage
  • Forced Air Heating System
  • 4 Fireplaces
  • Multiple cooling system units

About This Home

As of November 2019

Calling All Investors This is a Must See!! Possibilities are Endless. Very Big 4 Family in the Heart of Plainfields Historic Crescent District. Each Unit has 4 Very Large Bedrooms, 1 Full Bath. Over 12 Rooms in Total. Large Living and Dining Area. Needs a Little TLC. Great Revenue Producing Property.Walk out Basement. Plenty of Off Street Parking. Close to All Public Transportation and Major Roadways. Can Generate a Very Profitable Rental Income!!

Last Listed By

Peter DiCataldo

RE/MAX Central Brokerage Phone: 800-531-2885 License #1860594 Listed on: 06/19/2019

RE/MAX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,772

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 125 x 155

Parking

  • 2 Car Attached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slate Roof
  • Stucco Exterior

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Water Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for water, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 12-00828-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,772

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Attribution Contact: 800-531-2885
  • Co List Office Mls Id: 138
  • Co List Office Phone: 732-264-9593
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1890
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 125 x 155
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 4.0
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • Siding Stucco - Cement: Yes
  • General Property Info # Parking Spaces: 6.0
  • RoofSlate: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplaces: 4
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Slate
  • Waterfront: No
  • Construction Type: Brick, Stucco

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 125 x 155
  • Parcel #: 12-00828-0000-00001
  • Zoning Description: Residential, Neighborhood, Multi-Family

Rental Info

  • Tenant Pays: Water, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17772.0
  • Tax Other Annual Assessment Amount: 217100.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2023
Sold by
1S Reo Opportunity 1 Llc
Bought by
Grinberg Boris
Total Days on Market
12
Current Estimated Value
$705,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2023
Sold by
Sheriff Of The County Of Union
Bought by
Realty Number One Llc and Baisre

Purchase Details

Listed on
Jun 19, 2019
Closed on
Oct 31, 2019
Sold by
801 Park Ave Llc
Bought by
Realty Number One Llc
Seller's Agent
Peter DiCataldo
RE/MAX Central
Buyer's Agent
Peter DiCataldo
RE/MAX Central
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$33,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2019
Sold by
Jrsy Properties Llc
Bought by
801 Park Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 29, 2014
Sold by
Gibson Lamont
Bought by
Sun Na

Purchase Details

Closed on
Aug 4, 2010
Sold by
Nembhard Desmond and Nembhard Michael
Bought by
Gibson Lamont G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,337
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2002
Sold by
Greene Daniel and Greene Rachel Tolbert
Bought by
Nembhard Desmond and Nembhard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,730
Interest Rate
6.82%
Mortgage Type
FHA

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
Grinberg Boris $395,000 Clear Skies Title
Realty Number One Llc $1,000 Clear Skies Title
Realty Number One Llc $365,000 All Jercy Title Llc
801 Park Ave Llc $345,000 Cross Bridge Title Llc
Jrsy Properties Llc $175,000 Cross Bridge Title Llc
Sun Na $94,000 Agent For Wfg Natl Title Ins
Gibson Lamont G $250,000 Fidelity Natl Title Ins Co
Nembhard Desmond $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grinberg Boris $420,000
Previous Owner Baisre Manuel Avalo $110,000
Previous Owner Realty Number One Llc $33,000
Previous Owner Realty Number One Llc $33,000
Previous Owner Jrsy Properties Llc $325,500
Previous Owner Gibson Lamont G $351,337
Previous Owner Nembhard Desmond $60,000
Previous Owner Nembhard Desmond $45,000
Previous Owner Nembhard Michael $393,312
Previous Owner Nembhard Desmond A $388,237
Previous Owner Nembhard Desmond $265,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $365,000 -- $85 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $15,563 $180,000 $81,900 $98,100
2023 $15,563 $180,000 $81,900 $98,100
2022 $15,226 $180,000 $81,900 $98,100
2021 $15,093 $180,000 $81,900 $98,100
2020 $18,152 $217,100 $81,900 $135,200
2019 $18,152 $217,100 $81,900 $135,200
2018 $17,772 $217,100 $81,900 $135,200
2017 $17,338 $217,100 $81,900 $135,200
2016 $16,984 $217,100 $81,900 $135,200
2015 $16,482 $217,100 $81,900 $135,200
2014 -- $217,100 $81,900 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21925509

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00828-0000-00001