NOT LISTED FOR SALE

Estimated Value: $700,210 - $973,000

7 Beds
4 Baths
2,754 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $580,000 $211 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,805/month

136 Days on Market

Highlights

  • Double-Wide Driveway
  • 4-minute walk to Grove Street
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Zoned Heating

About This Home

As of August 2021

Great upside possibilities.
Opportunity Knocking! Great space inside and out. This 3 family home sits on a 5066 sqft lot, 2 car vinyl sided garage and a long private driveway, each unit has separate heat & hot water units, Minimizing owner expenses. Great opportunity for owner occupant or investor. Close to Lackawanna Plaza Rail Station. A one bedroom and three bedroom unit may be available at closing.

Last Listed By

Anthony Ferraro

RE/MAX Central License #2080825 Listed on: 04/05/2021

RE/MAX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,049

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 37 x 137

Parking

  • 2 Car Detached Garage
  • Double-Wide Driveway
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,754 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Insulated Doors
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Heating System Uses Steam
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • Insurance Expense $1,000
  • Water Sewer Expense $600

Listing and Financial Details

  • Exclusions: bbq in yard
  • Tenant pays for hot water, heat
  • The owner pays for water
  • Assessor Parcel Number 02-00363-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,049

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1923
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 37 x 137
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Basement Heated: Yes
  • General Property Info # Parking Spaces: 9.0
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 1000.0
  • Income Expenses WaterSewer Expense: 600.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Exclusions: bbq in yard
  • Construction Type: Aluminum Siding
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Double Wide, Detached
  • Total Parking Spaces: 9.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Fee Information

  • Annual Water Sewer Expense: 600.0

Lot Info

  • Lot Dimensions: 37 x 137
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 02-00363-0000-00005
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Features Insulated Windows: Yes

Rental Info

  • Tenant Pays: Hot Water, Heat
  • Owner Pays: Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13049.0
  • Tax Other Annual Assessment Amount: 421600.0

Multi Family

  • Number Of Units Total: 1
  • Insurance Expense: 1000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Mendez John R and Mendez Virginia
Bought by
Navarrete Edith and Navarrete Victor H
Total Days on Market
136
Current Estimated Value
$835,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,275
Outstanding Balance
$502,232
Interest Rate
3.14%
Estimated Equity
$314,352

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 11, 2021
Sold by
Mendez John R and Mendez Virginia
Bought by
Navarrete Victor H and Navarrete Edith
Seller's Agent
Anthony Ferraro
RE/MAX Central
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$539,275
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2002

Purchase Details

Closed on
Dec 1, 1992
Sold by
Samuel Estrelkuta G
Bought by
Samuel Winston

Purchase Details

Closed on
Oct 10, 1989
Sold by
Samuel Lionel
Bought by
Samuel Estrellita G

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
Navarrete Victor H $580,000 Prestige Title Agency Inc
-- $225,000 --
Samuel Winston $185,000 --
Samuel Estrellita G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarrete Victor H $539,275
Previous Owner Mendez Virginia $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $580,000 -3.2% $211 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $599,000 -4.2% $218 / Sq Ft
04/05/2021 04/05/21 For Sale $625,000 0.0% $227 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $625,000 -- $227 / 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 $13,778 $421,600 $106,900 $314,700
2022 $13,500 $421,600 $106,900 $314,700
2021 $13,251 $421,600 $106,900 $314,700
2020 $13,049 $421,600 $106,900 $314,700
2019 $13,603 $341,700 $105,300 $236,400
2018 $13,545 $341,700 $105,300 $236,400
2017 $13,340 $341,700 $105,300 $236,400
2016 $13,190 $341,700 $105,300 $236,400
2015 $13,070 $341,700 $105,300 $236,400
2014 $12,831 $341,700 $105,300 $236,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22103512

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00363-0000-00005