$1,200,000
SOLD FEB 28, 2025

86 Paterson St New Brunswick, NJ 08901

-- Bed
-- Bath
2,937 Sq Ft
2,810 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

28 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 5-minute walk to East Brunswick Community Park

About This Home

As of February 2025

Awesome 4 family with 4 totally self contained units. Totally taken to studs 1999-2000. All units have it's own HVAC with central AC, washer, dryer, water heater, dishwasher. separately metered and parking for 4 cars off street. Two 3 bedroom 2 bath units. Two 2 bedroom 1 bath units.

Last Agent to Sell the Property

Chris Geist

CENTURY 21 SYLVIA GEIST AGENCY Listed on: 12/14/2024

CENTURY 21 SYLVIA GEIST AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,185

Year Built

  • Built in 1900

Lot Details

  • 2,810 Sq Ft Lot
  • Lot Dimensions are 78.00 x 37.00
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,937 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks), unit 4 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,185

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0645
  • Lot Size: 78.00 x 37.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Refrigerator,Washer), Unit 2(Dryer,Refrigerator,Washer), Unit 3(Dryer,Range/Oven,Refrigerator,Washer), Unit 4(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
  • Has Basement: Full, Interior Entry
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 3(2 Bedrooms,1 Bath), Unit 4(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2937
  • Stories: 3

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central), Unit 4(A/C Central)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2810
  • Zoning: C-4

Tax Info

  • Tax Annual Amount: 13185
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Feb 27, 2025
Sold by
86 Paterson Street Llc
Bought by
Nelson Ching
Seller's Agent
Chris Geist
CENTURY 21 SYLVIA GEIST AGENCY
List Price
$1,200,000
Sold Price
$1,200,000
Views
18
Current Estimated Value
$1,224,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,651
Avg. Annual Appreciation
2.82%
Original Mortgage
$734,000
Outstanding Balance
$729,767
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$494,884

Purchase Details

Closed on
Feb 22, 2001
Sold by
Levine Brian
Bought by
86 Paterson Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1999
Sold by
Shapiro Jacob
Bought by
Levine Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Bargain Sale Deed $1,200,000 Foundation Title
Bargain Sale Deed $1,200,000 Foundation Title
Deed $255,000 --
Deed $212,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $734,000 New Conventional
Closed $734,000 New Conventional
Previous Owner $204,000 Commercial
Previous Owner $175,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $1,200,000 0.0% $409 / Sq Ft
12/14/2024 12/14/24 For Sale $1,200,000 -- $409 / 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 $13,580 $518,500 $82,500 $436,000
2024 $13,185 $518,500 $82,500 $436,000
2023 $13,185 $518,500 $82,500 $436,000
2022 $12,905 $518,500 $82,500 $436,000
2021 $9,535 $518,500 $82,500 $436,000
2020 $12,807 $518,500 $82,500 $436,000
2019 $12,563 $518,500 $82,500 $436,000
2018 $12,278 $518,500 $82,500 $436,000
2017 $11,791 $518,500 $82,500 $436,000
2016 $15,785 $269,100 $82,400 $186,700
2015 $15,409 $269,100 $82,400 $186,700
2014 $15,134 $269,100 $82,400 $186,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Geist

    Seller's Agent in 2025

    Chris Geist

    CENTURY 21 SYLVIA GEIST AGENCY

    (732) 407-3098

    1 in this area

    110 Total Sales

    Chris Geist
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2507281R

All Jersey MLS

APN: 13-00019-0000-00020

New Jersey Middlesex County New Brunswick 08901

86 Paterson St, New Brunswick, NJ

Sold

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