NOT LISTED FOR SALE

9 Margood Ct East Rutherford, NJ 07073

Estimated Value: $690,937 - $746,000

2 Beds
2.5 Baths
-- Sq Ft
0.25 Acres

Last Sold August 14, 2023

Last sale price $610,000

Est. 18% increase in value since last sale

Current estimated payment $4,731/month

33 Days on Market

About This Home

As of August 2023

This is a special 2 family. It is a split level house with 2 apartments. 1st apartment was completely updated 2 years age and consists of a LR, Eat-in kitchen and bedroom on the 1st level, then down a few steps to a family room (could also be used for a 2nd BR), laundry room, full bath and entry to attached garage. 2nd apartment consists of a huge LE, eat-in kitchen, laundry room, .5 bath on 1st floor and up a few steps to a huge bedroom. There is also some attic storage in this apartment. Features hardwood floors, separate utilities. Front and rear entrances for each apartment. Large deck on apartment 2 and patio for apartment 1.

Last Agent to Sell the Property

Glenn Elliot

The Agency Rutherford Realty Inc. Listed on: 04/27/2023

The Agency Rutherford Realty Inc.

Last Buyer's Agent

Emmanuel Pablo

Real

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,537

Year Built

  • 1958

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Laundry in unit
  • 0.25 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00005 / 00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,537

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-939-7500
  • MLS Status: Sold - Sold
  • Directions: Herrick to Hillside to Margood
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1958

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Remarks: none

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 85 x 130 irreg
  • Lot Size Sq Ft: 11051.0

Tax Info

  • Tax Annual Amount: 8537.0
  • Tax Block: 00023
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 12, 2023
Sold by
Marbaise Childrens Irrevocable Trust
Bought by
Arandela Mark and Rivera-Lopez Brenda Rosario
Seller's Agent
Glenn Elliot
The Agency Rutherford Realty Inc.
Buyer's Agent
Emmanuel Pablo
Real
List Price
$575,000
Sold Price
$610,000
Premium/Discount to List
$35,000
6.09%
Total Days on Market
33
Views
324
Current Estimated Value
$721,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,984
Avg. Annual Appreciation
9.87%
Original Mortgage
$488,000
Interest Rate
7.18%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Arandela Mark $610,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arandela Mark $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $610,000 +6.1% --
05/30/2023 05/30/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $575,000 -- --
Source: New 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
2024 $8,268 $529,600 $278,400 $251,200
2023 $8,746 $509,400 $269,700 $239,700
2022 $8,746 $499,500 $258,700 $240,800
2021 $8,538 $475,100 $241,300 $233,800
2020 $8,526 $468,700 $239,100 $229,600
2019 $8,931 $487,500 $251,000 $236,500
2018 $8,092 $455,100 $239,200 $215,900
2017 $7,344 $354,100 $201,500 $152,600
2016 $6,887 $354,100 $201,500 $152,600
2015 $6,965 $354,100 $201,500 $152,600
2014 $6,742 $354,100 $201,500 $152,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012566

New Jersey MLS

APN: 12-00023-01-00005