NOT LISTED FOR SALE

98 King St Nutley, NJ 07110

Estimated Value: $681,240 - $738,000

3 Beds
3 Baths
-- Sq Ft
2,265 Sq Ft Lot

Last Sold September 12, 2022

Last sale price $585,000

Est. 21% increase in value since last sale

Current estimated payment $4,703/month

15 Days on Market

Highlights

  • Living Room
  • Nutley High School Rated A-
  • Baseboard Heating

About This Home

As of September 2022

Welcome to 98 King St! Excellent rare opportunity to own a 3-family property in a prime location of Nutley. This is the best deal in town with incredible income potential. You have great options here; live in one and rent out the other two or be totally hands off and continue collecting rent. This brick building includes 3, one bedroom, one bathroom units with 4 car parking! First two units have private outdoor spaces with large decks. Very well maintained, large living rooms, eat-in kitchens, full bathrooms, and good-sized bedrooms that could all fit a king-sized bed. Washer/Dryer and storage in basement. Conveniently located to all major highways, NY transit, schools, parks, and Nutley's fabulous downtown shopping and dining district. Don’t miss this one.

Last Agent to Sell the Property

Darren Giordano

EXP REALTY LLC License #1110873 Listed on: 07/20/2022

EXP REALTY LLC

Last Buyer's Agent

Jason Springer

EXP REALTY LLC License #1752979

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,580

Lot Details

  • Lot Dimensions are 25x90

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00016 / 09404
  • Assessor Parcel Number 5420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,580

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: Personal property
  • Inclusions: all appliances
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 5420
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Partial Finish
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: A/C Wall, Baseboard, Gas

Lot Info

  • Geo Address Line: 98 King St
  • Geo Primary City: Nutley
  • Geo Quality: 0.95
  • Lot: 00016
  • Lot Size: 25X90

Tax Info

  • Year: '21
  • Taxes: 13580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 2, 2022
Sold by
Kaufman John and Kaufman Christian
Bought by
Kazarian Edgar
Seller's Agent
Darren Giordano
EXP REALTY LLC
Buyer's Agent
Jason Springer
EXP REALTY LLC
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%
Current Estimated Value
$710,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,310
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Costa Anthony Pio
Bought by
Kaufman John and Kaufman Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.49%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Marchak Ronald
Bought by
Anthony Piocasta 4Th

Purchase Details

Closed on
Mar 13, 1995
Sold by
Gaccione Nunzio
Bought by
Marchak Ronald and Marchak Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kazarian Edgar $585,000 Sovereign Title
Kaufman John $475,000 --
Anthony Piocasta 4Th $316,000 --
Marchak Ronald $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaufman John $380,000
Previous Owner Marchak Ronald $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $585,000 0.0% -- View Prior Sale
09/12/2022 09/12/22 Sold $585,000 -10.0% --
08/11/2022 08/11/22 Pending -- -- --
08/04/2022 08/04/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $650,000 0.0% --
07/20/2022 07/20/22 For Sale $650,000 -- --
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
2025 $12,298 $477,400 $197,500 $279,900
2024 $12,298 $477,400 $197,500 $279,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220013191

Hudson County MLS

APN: 16-09404-0000-00016