NOT LISTED FOR SALE

85 Summit Ave Fords, NJ 08863

Estimated Value: $555,341 - $745,000

Studio
-- Bath
-- Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: February 8, 2022

Last sale price $500,000

Est. 35% increase in value since last sale

Current estimated payment $4,524 / mo

114 Days on Market

Highlights

  • Deck
  • Carpet
  • Radiator

About This Home

As of February 2022

Great opportunity to own a Two family house in desirable residential area on a large lot (75x150). Recent updates: 2 Heating systems, 2 water heater, electrical service, sewer system First floor aprtmnt has 2 bedrms + study been used as a third bedroom, living room & dining room. Kitchen.Clean basement with fam. room, laundry and storage rooms. Second floor aprtmnt has 3 bedrms + family room been used as a 4th bedroom. Living room ,spacious EIK with ceramic floor, sliding door to large deck, extra storage room. Driveway for 6 cars + street parking. Conveniently close to all major highways, Woodbridge and Menlo Park Malls and Metro Park train station.

Last Agent to Sell the Property

Antonia Lazzaro

JOHN ANTHONY AGENCY C-21 Listed on: 10/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,881

Lot Details

  • 0.26

Home Design

  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Carpet
  • Oven or Range

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Radiator
  • Furnace
  • Underground Utilities
  • Gas Water Heater
  • Sewer Tap Fee

Additional Features

  • Deck
  • Lot Dimensions are 150.00 x 75.00

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(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,881

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 150.00 x 75.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Partially Finished, Full, Exterior Entry, Storage Space, Tenant Use, Interior Entry
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 3

Exterior Features

  • Lot Features: See Remarks
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Hot Water, Separate Control, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Underground Utilities
  • Water Source: Public

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 9881
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Feb 3, 2022
Sold by
Bought by
Seller's Agent
Antonia Lazzaro
JOHN ANTHONY AGENCY C-21
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$676,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,335
Avg. Annual Appreciation
7.28%
Original Mortgage
$490,943
Outstanding Balance
$455,878
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$220,457

Purchase Details

Listed on
Sep 10, 2012
Closed on
Jul 20, 2012
Sold by
Bought by
Buyer's Agent
ANTONIA LAZZARO
C-21 JOHN ANTHONY
Sold Price
$328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Advanced Title & Abstract
$328,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $490,943
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $500,000 0.0% --
10/17/2021 10/17/21 For Sale $500,000 +52.4% --
09/10/2012 09/10/12 Sold $328,000 -- -- View Prior Sale
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,213 $88,800 $27,600 $61,200
2024 $10,886 $88,800 $27,600 $61,200
2023 $10,886 $88,800 $27,600 $61,200
2022 $10,593 $88,800 $27,600 $61,200
2021 $10,484 $88,800 $27,600 $61,200
2020 $10,143 $88,800 $27,600 $61,200
2019 $9,882 $88,800 $27,600 $61,200
2018 $9,686 $88,800 $27,600 $61,200
2017 $9,516 $88,800 $27,600 $61,200
2016 $9,438 $88,800 $27,600 $61,200
2015 $9,129 $87,600 $27,600 $60,000
2014 $8,930 $87,600 $27,600 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Antonia Lazzaro

    Seller's Agent in 2022

    Antonia Lazzaro

    JOHN ANTHONY AGENCY C-21

    (732) 266-3179

    2 in this area

    7 Total Sales

    Antonia Lazzaro
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Map

Source: All Jersey MLS

MLS Number: 2205539R

All Jersey MLS

APN: 25-00139-08-00101

New Jersey Middlesex County Fords 08863

85 Summit Ave, Fords, NJ

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