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 LLCLicense #2082509Listed on: 05/18/2021
Last Buyer's Agent
LENA PEPAJ
EXIT GOLDEN REALTY GROUPLicense #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
DateNameOwned ForOwner Type
Jul 2021 - PresentNovalli Muhamed and Novalli Bora4 Years
Private Individual
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
May 2014 - Jul 2021Shah Neerav7 Years and 2 Months
Private Individual
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.
This unique mixed-use property combines residential and commercial functionality, offering exceptional versatility. The medical office is approximately 500 sq. ft. and features two examination rooms, an X-ray room, two offices, a waiting area, and a full basement for storage. The residential unit spans three floors and includes four bedrooms, a full bathroom, an eat-in kitchen, a living room, and
Extra-large single family or multifamily home in desirable Rutherford. Near train/bus station. Classic 1905 center hall colonial in need of complete renovation. Three floors, six bedrooms, four bathrooms, two kitchens, almost 2500 sqft. plus basement. No driveway. Contractors, handymen and builders welcome. Plenty of room in price to turn it into a palace. Cash or renovation loan only.
Michael ShetlerKeller Williams Village Square Realty
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Average Value
Not Available
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
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
10/19/202210/19/22
Rented
$3,800
+22.6%
--
09/01/202209/01/22
For Rent
$3,100
0.0%
--
07/16/202107/16/21
Sold
$700,000
0.0%
$323 / Sq Ft
06/08/202106/08/21
Pending
--
--
--
05/18/202105/18/21
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 AssessmentTax 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.
This home is located at 94 Eastern Way, Rutherford, NJ 07070 and is currently priced at $700,000, approximately $323 per square foot. 94 Eastern Way is a home located in Bergen County with nearby schools including Rutherford High School, Montessori School of East Rutherford, and The Meadows School.
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