$310,000
SOLD MAY 31, 2024 RENTED NOV 1, 2024

98 Library St Williamstown, NJ 08094

-- Bed
-- Bath
2,205 Sq Ft
1913 Built

Recently Sold

$141 Per Sq Ft

5% Below List Price

34 Days on Market

About This Home

As of May 2024

Welcome to 98 Library St. This duplex features two residential units AND a 900 sq ft garage that has its own service. 98A is a four bedroom unit. Currently rented on a month to month lease @ $2,100 per month. This tenant gets Section 8 assistance and is only responsible for $66 per month of the $2,100. The unit is in fair condition. 98B is a one bedroom unit, Currently rented on a month to month lease @ $1,225 per month. This unit is also in fair condition. Both tenants are great and happy where they are. Also included in the sale is the 900 sq ft huge garage that is currently being rented @ $800 per month. The whole building brings in $4,125 per month. Come take a look for yourself and instantly start making money adding this building to your portfolio.

Last Agent to Sell the Property

John Rinick

Prime Realty Partners Listed on: 03/28/2024

Prime Realty Partners

Last Buyer's Agent

Nicholas Christopher

RE/MAX Community-Williamstown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 37.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • A-Frame Home

Interior Spaces

  • 2,205 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 11-11602-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Expected On Market: 2024-03-29
  • Year Built: 1913
  • Remarks Public: Welcome to 98 Library St. This duplex features two residential units AND a 900 sq ft garage that has its own service. 98A is a four bedroom unit. Currently rented on a month to month lease @ $2,100 per month. This tenant gets Section 8 assistance and is only responsible for $66 per month of the $2,100. The unit is in fair condition. 98B is a one bedroom unit, Currently rented on a month to month lease @ $1,225 per month. This unit is also in fair condition. Both tenants are great and happy where they are. Also included in the sale is the 900 sq ft huge garage that is currently being rented @ $800 per month. The whole building brings in $4,125 per month. Come take a look for yourself and instantly start making money adding this building to your portfolio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2205
  • Living Area Sq Ft: 2205
  • Price Per Sq Ft: 140.59
  • Above Grade Finished Sq Ft: 2205
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 98

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MONROE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397493
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 37.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2023

Rental Info

  • Number Of Units Month To Month: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 2

Tax Info

  • Tax Annual Amount: 4114.00
  • Assessor Parcel Number: 11-11602-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/31/2024

MLS Schools

  • School District Name: MONROE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 31, 2024
Sold by
Delaware Vly Opportunity Fund
Bought by
Christopher Nicholas and Maldonado Carlos
Seller's Agent
John Rinick
Prime Realty Partners
Buyer's Agent
Nicholas Christopher
RE/MAX Community-Williamstown
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
67
Current Estimated Value
$329,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,903
Avg. Annual Appreciation
5.51%
Original Mortgage
$232,500
Outstanding Balance
$230,581
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$99,322

Purchase Details

Closed on
Feb 15, 2023
Sold by
Delaware Valley Opportunity Fund Llc
Bought by
Delaware Valley Opportunity Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
6.12%

Purchase Details

Closed on
Aug 5, 2022
Sold by
James Pennese Jr
Bought by
Conlin Drew

Purchase Details

Closed on
Apr 14, 2005
Sold by
Pennose James V and Estate Of Mary Defiance
Bought by
Pennose James
Source: Public Records

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 Type Sale Price Title Company
Deed $310,000 None Listed On Document
Deed -- Land Title
Executors Deed $173,500 First American Title
Administrators Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Previous Owner $204,400 No Value Available
Previous Owner $60,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,300 0.0% --
09/30/2024 09/30/24 Under Contract -- -- --
09/12/2024 09/12/24 For Rent $1,300 0.0% --
05/31/2024 05/31/24 Sold $310,000 0.0% $141 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $310,000 -4.6% $141 / Sq Ft
04/08/2024 04/08/24 For Sale $325,000 0.0% $147 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $325,000 -- $147 / Sq Ft
Source: Bright 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 $4,115 $113,200 $34,900 $78,300
2023 $4,115 $113,200 $34,900 $78,300
2022 $4,096 $113,200 $34,900 $78,300
2021 $3,872 $113,200 $34,900 $78,300
2020 $4,117 $113,200 $34,900 $78,300
2019 $4,092 $113,200 $34,900 $78,300
2018 $4,025 $113,200 $34,900 $78,300
2017 $5,688 $160,600 $37,100 $123,500
2016 $5,366 $160,600 $37,100 $123,500
2015 $5,456 $160,600 $37,100 $123,500
2014 $5,297 $160,600 $37,100 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2040690

Bright MLS

APN: 11-11602-0000-00001