$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 Listed on: 06/07/2024

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Nov 8, 2024
Sold by
Placencia Francisco
Bought by
Paulino Dolphy Mariel Duart and De Alvarez Francisca
Seller's Agent
Jenise Buckalew
GREEN LIGHT REALTY LLC
List Price
$799,000
Sold Price
$720,000
Premium/Discount to List
-$79,000
-9.89%
Views
26
Current Estimated Value
$590,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,686
Avg. Annual Appreciation
-19.42%
Original Mortgage
$682,411
Outstanding Balance
$675,869
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$85,555

Purchase Details

Closed on
Jun 8, 2012
Sold by
Rodriguez Adriano and Rodriguez Carmencita
Bought by
Placencia Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2002
Sold by
Maciel Ruber
Bought by
Rodriguez Rodriguez Andriano Andriano and Rodriguez Carmencita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1995
Sold by
Estate Of Elizabeth Malgieri
Bought by
Vargas Concepcion and Vargas Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Deed $720,000 Nu World Title
Deed $165,000 Commonwealth Land Title Insu
Deed $275,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,411 New Conventional
Previous Owner $162,011 FHA
Previous Owner $270,750 FHA
Previous Owner $119,000 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 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 $10,173 $337,200 $114,200 $223,000
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

Agents Affiliated with this Home

  • Jenise Buckalew

    Seller's Agent in 2024

    Jenise Buckalew

    GREEN LIGHT REALTY LLC

    (732) 251-2500

    2 in this area

    43 Total Sales

    Jenise Buckalew
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Map

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

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, Academy for Urban Leadership Charter School, and Assumption Catholic School.

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