$700,000
SOLD JUL 16, 2021

94 Eastern Way Rutherford, NJ 07070

8 Beds
4 Baths
2,165 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

21 Days on Market

Highlights

  • Tandem Parking
  • Living Room
  • Dining Room
  • Rutherford High School Rated A

About This Home

As of July 2021

Welcome to this amazing 2 Family home with parking in the heart of Rutherford! Investors, this home has a high earning potential with potential estimated rents of $4,200+. The home features 4 stories of total liveable space. Seperate entrances in the front of the building, and a common staircase leading to all 4 floors in the rear. Both units 1 and 2 are approximately 950 sq feet, BSMT & Attic approx 500. As a bonus, the basement includes 2 bedrooms, a living room, and 1 full bathroom, and the attic includes one large room and a full bathroom. Driveway can fit 3-4 cars. Common outdoor space in the back. Being just blocks from the Rutherford Train Station, this property is a commuter's dream. Close to shops, restaurants, and the downtown area. Your next great investment property awaits!

Last Agent to Sell the Property

MATTHEW MYLES

EXP REALTY LLC License #2082509 Listed on: 05/18/2021

EXP REALTY LLC

Last Buyer's Agent

LENA PEPAJ

EXIT GOLDEN REALTY GROUP License #1645662

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,121

Lot Details

  • Lot Dimensions are 50 x 100

Home Design

  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Finished Basement

  • Walk-Out Basement
  • 2 Bedrooms in Basement

Parking

  • 3 Parking Spaces
  • Tandem Parking

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00030 / 00161
  • Assessor Parcel Number 3423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,121

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Exclusions: All personal property
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 3423
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 8
  • Basement: Finished, Walk-Out
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Bedrooms: 2
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1800
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Fl1 Rooms: 5
  • Fl2 Rooms: 6
  • Fl3 Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars, Tandem-Shared

Lot Info

  • Geo Address Line: 94 Eastern Way
  • Geo Primary City: Rutherford
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/18/2021
  • Geo Zoom Level: 16
  • Lot: 00030
  • Lot Size: 50 x 100

Tax Info

  • Taxes: 10121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 14, 2021
Sold by
Shah Neerav and Jain Puja
Bought by
Novalli Muhamed and Novalli Bora
Seller's Agent
MATTHEW MYLES
EXP REALTY LLC
Buyer's Agent
LENA PEPAJ
EXIT GOLDEN REALTY GROUP
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$906,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,616
Avg. Annual Appreciation
6.65%
Original Mortgage
$560,000
Outstanding Balance
$514,290
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$392,326

Purchase Details

Closed on
May 23, 2014
Sold by
Vorse Jerry D and Vorse Sandra L
Bought by
Shah Neerav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,607
Interest Rate
4.33%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $700,000 Chicago Title Insurance Co
Bargain Sale Deed $337,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $267,700 Stand Alone Refi Refinance Of Original Loan
Previous Owner $296,250 New Conventional
Previous Owner $308,607 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Rented $3,800 +22.6% --
09/01/2022 09/01/22 For Rent $3,100 0.0% --
07/16/2021 07/16/21 Sold $700,000 0.0% $323 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $700,000 -- $323 / Sq Ft
Source: Hudson County 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 $11,243 $369,600 $250,000 $119,600
2023 $10,973 $369,600 $250,000 $119,600
2022 $10,973 $369,600 $250,000 $119,600
2021 $9,723 $355,000 $250,000 $105,000
2020 $10,121 $355,000 $250,000 $105,000
2019 $9,723 $355,000 $250,000 $105,000
2018 $9,589 $355,000 $250,000 $105,000
2017 $9,454 $355,000 $250,000 $105,000
2016 $9,244 $355,000 $250,000 $105,000
2015 $11,515 $454,600 $250,000 $204,600
2014 $11,156 $454,600 $250,000 $204,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210012017

Hudson County MLS

APN: 56-00161-0000-00030