$720,000
SOLD NOV 8, 2024

863 Pine St Perth Amboy, NJ 08861

Maurer Neighborhood
-- Bed
-- Bath
1,689 Sq Ft
8,551 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

10% Below List Price

48 Days on Market

Highlights

  • Deck
  • Air Conditioning
  • Shed
  • Private Yard
  • Patio
  • Utility Room

About This Home

As of November 2024

3 units first structure 2-family and house in the back 1 family home. multi-family property with great investment potential. With separate utilities for each unit, a finished basement, and the possibility of constructing another home on the additional lot, this is an excellent opportunity for both investors and owner-occupants. The fact that all units are vacant and can be rented at market rates adds even more flexibility for potential buyers. It offers a chance to live in one unit and rent out the others for extra income.

Last Agent to Sell the Property

Jenise Buckalew

GREEN LIGHT REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,032

Year Built

  • Built in 1924

Lot Details

  • 8,551 Sq Ft Lot
  • Lot Dimensions are 100.00 x 85.50
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property
  • Utility Room

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Radiator
  • Furnace
  • Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric gas), unit 2 owner pays(electric gas), unit 3 owner pays(electric gas)

Community Details

Overview

  • 170 Lts Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,032

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1963
  • Lot Size: 100.00 x 85.50
  • Ownership: Fee Simple
  • Subdivision Name: 170 Lts
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1924
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas), Unit 3 Owner Pays(Electric,Gas)
  • Has Basement: Partially Finished, Full, Bath Full, Bedroom, Other Room(s), Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(Dining Room,2 Bedrooms,Kitchen,Living Room,1 1/2 Baths,See Remarks)
  • Living Area: 1689
  • Stories: 2

Exterior Features

  • Lot Features: Possible Subdivision
  • Exterior Features: Patio, Deck, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
  • Heating: Radiators-Steam, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 8551
  • Zoning: R-50

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 10032
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $720,000 -4.0% $426 / Sq Ft
10/03/2024 10/03/24 Price Changed $750,000 -3.7% $444 / Sq Ft
07/09/2024 07/09/24 Price Changed $779,000 -2.5% $461 / Sq Ft
06/07/2024 06/07/24 For Sale $799,000 -- $473 / Sq Ft
Source: All Jersey MLS

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 $10,153 $337,200 $114,200 $223,000
2023 $10,153 $337,200 $114,200 $223,000
2022 $10,032 $337,200 $114,200 $223,000
2021 $8,937 $300,000 $114,200 $185,800
2020 $8,934 $300,000 $114,200 $185,800
2019 $8,967 $300,000 $114,200 $185,800
2018 $8,889 $300,000 $114,200 $185,800
2017 $8,871 $300,000 $114,200 $185,800
2016 $8,640 $300,000 $114,200 $185,800
2015 $8,700 $300,000 $114,200 $185,800
2014 $8,754 $300,000 $114,200 $185,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,411 New Conventional
Previous Owner $231,000 New Conventional
Previous Owner $162,011 FHA
Previous Owner $316,000 Adjustable Rate Mortgage/ARM
Previous Owner $39,500 Credit Line Revolving
Previous Owner $270,750 FHA
Previous Owner $119,000 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $720,000 Nu World Title
Deed $165,000 Commonwealth Land Title Insu
Deed $275,000 --
Deed $120,000 --
Source: Public Records

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Source: All Jersey MLS

MLS Number: 2413078R

All Jersey MLS

APN: 16-00407-0000-00009

New Jersey Middlesex County Perth Amboy 08861 Maurer

863 Pine St, Perth Amboy, NJ

Homes for Sale in Perth Amboy, NJ

This home is located at 863 Pine St, Perth Amboy, NJ 08861 and is currently priced at $720,000, approximately $426 per square foot. This property was built in 1924. 863 Pine St is a home located in Middlesex County with nearby schools including Perth Amboy High School, Middlesex County STEM Charter School, and Academy for Urban Leadership Charter School.

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