NOT LISTED FOR SALE

825 1st Place Unit 27 Plainfield, NJ 07060

Estimated Value: $467,000 - $776,000

9 Beds
3 Baths
4,214 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $695,000 $165 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,916/month

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • Cooling Available
  • Forced Air Heating System

About This Home

As of March 2024

INVESTORS! Large vacant three family property in Plainfield. Property has a good rental history, all the utilities are split. Property interior is in living condition and all mechanicals are in working order. Property has recently been boarded up by the owners but can be shown by appointment only. All units are 3BR/1BA with private entrances. Full basement is framed out and partially finished. Detached garage and large driveway for off street parking. Sale is strictly ''As Is''. Buyer is responsible for both CO and Fire Certificates.

Last Agent to Sell the Property

Michael Sclafani

RE/MAX Central License #0901283 Listed on: 01/08/2024

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,035

Year Built

  • Built in 1901

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.22 x 137.54

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 4,214 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 12-00831-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,035

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1901
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50.22 x 137.54
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.16
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 50.22 x 137.54
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 12-00831-0000-00011
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15035.0
  • Tax Other Annual Assessment Amount: 173900.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 4, 2024
Sold by
825 1St Place Llc
Bought by
77 Tova Llc
Seller's Agent
Michael Sclafani
RE/MAX Central
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$699,000
Sold Price
$695,000
Premium/Discount to List
-$4,000
-0.57%
Views
54
Current Estimated Value
$663,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,669
Avg. Annual Appreciation
-3.37%

Purchase Details

Closed on
Dec 16, 2021
Sold by
825 1St Place Llc
Bought by
Hecht Zvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2020
Sold by
Hecht Zvi
Bought by
825 1St Place Llc

Purchase Details

Closed on
Oct 2, 2019
Sold by
825 1St Place Llc
Bought by
Hochl Zvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Ho Chenwen
Bought by
Jrsy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2019
Sold by
Jrsy Properties Llc
Bought by
825 1St Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2013
Sold by
Aly Mohamed F and Aly Ghada A
Bought by
Ho Chenwen

Purchase Details

Closed on
Feb 26, 2001
Sold by
Doe Isaac K and Doe Ruby D
Bought by
Aly Mohamed F and Aly Ghada A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,350
Interest Rate
6.9%
Mortgage Type
FHA
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
77 Tova Llc $695,000 Realsafe Title
77 Tova Llc $695,000 Realsafe Title
825 1St Place Llc -- Realsafe Title
825 1St Place Llc -- Realsafe Title
Hecht Zvi -- Universal Title Llc
825 1St Place Llc -- None Available
Hochl Zvi -- Cross Bridge Title Llc
Jrsy Properties Llc $175,000 Cross Bridge Title Llc
825 1St Place Llc $330,000 Cross Bridge Title Llc
Ho Chenwen $127,300 None Available
Aly Mohamed F $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hecht Zvi $370,000
Previous Owner Hochl Zvi $360,000
Previous Owner Jrsy Properties Llc $292,500
Previous Owner 825 1St Place Llc $292,500
Previous Owner Aly Mohamed F $328,000
Previous Owner Aly Mohamed F $72,811
Previous Owner Aly Mohamed F $243,750
Previous Owner Aly Mohamed F $29,000
Previous Owner Aly Mohamed F $161,131
Previous Owner Aly Mohamed F $161,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $695,000 -0.6% $165 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $699,000 -- $166 / 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 $15,035 $173,900 $45,600 $128,300
2023 $15,035 $173,900 $45,600 $128,300
2022 $14,710 $173,900 $45,600 $128,300
2021 $14,582 $173,900 $45,600 $128,300
2020 $14,540 $173,900 $45,600 $128,300
2019 $14,540 $173,900 $45,600 $128,300
2018 $14,235 $173,900 $45,600 $128,300
2017 $13,888 $173,900 $45,600 $128,300
2016 $13,604 $173,900 $45,600 $128,300
2015 $13,202 $173,900 $45,600 $128,300
2014 $12,844 $173,900 $45,600 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22400708

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00831-0000-00011