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Sold for $500,000
    • $500,000

    207 Lincoln Ave, Dunellen, NJ 08812

    4beds
    2baths
    1,584sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $614,900 Zestimate®
    $316/sqft
    $2,856 Estimated rent

    Home value

    $614,900

    $578,000 - $658,000

    $2,856/mo

    Zestimate® history
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    $2,856/mo

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    $2,856/mo

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    $3,581/mo

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    $3,581/mo

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    What's special

    This is a great opportunity to invest in your future. Enjoy the benefits of being the landlord of a fully rented over/under two family home ideally located in a choice neighborhood close to the center of everything like downtown Dunellen, public transportation, schools, and major highways. Each 2 bedroom unit is leased until the end of the year. The first floor unit features a spacious updated Kitchen plus a side room with several possible uses like an office or Dining Room or small Den. This unit's tenant also enjoys the exclusive use of the screened rear porch, driveway and full unfinished basement with the laundry hooks-ups(washer and dryer sold in as is'' condition/ landlord owned). Upstairs, in unit2, the Kitchen was updated in 2024 with new flooring , cabinets and counters. Both Weil Mclain heating units are newer, the water heater replaced 2018. Although the basement is normally dry, there is a sump pump and a watered powered back-up just in case. The detached garage has potential for added income. At the present, landlord use only.

    Zillow last checked:

    Listing updated:

    Listed by:

    BARBARA C. SEIF,

    ERA BONIAKOWSKI REAL ESTATE

    Source: All Jersey MLS,MLS#: 2411972RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Radiators-Steam, Separate Furnaces
    Cooling
    • Ceiling Fan(s), See Remarks
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator)
    Features
    • Unit 1(Dining Room, 2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room, See Remarks), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
    • Flooring: Unit 1 Carpet, Unit 2 Carpet
    • Windows: Insulated Windows
    • Basement: Full, Exterior Entry, Storage Space, Tenant Use, Interior Entry, Laundry Facilities
    Interior area
    • Total structure area: 1,584
    • Total interior livable area: 1,584 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, Detached, Garage Door Opener, 1-2 Car Parking, On Street
    • Garage spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Enclosed
    • Exterior features: Porch(es) - Enclosed, Curbs, Door(s)-Storm/Screen, Sidewalk, Windows - Insulated Pane, Yard, Semi-Private Entry, Storage Area-Private
    Lot
    • Size: 7,501 Square Feet
    • Dimensions: 150.00 x 50.00
    • Features: Near Shopping, Near Train, Interior Lot, Near Public Transit
    Details
    • Parcel number: 0300031000000028

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1925

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Dunellen

    Financial & listing details

    • Price per square foot: $316/sqft
    • Tax assessed value: $476,300
    • Annual tax amount: $10,317
    • Date on market: 5/17/2024
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/18/2024Sold$500,000-4.8%$316/sqft
    Source: All Jersey MLS #2411972R Report a problem
    7/1/2024Contingent$525,000$331/sqft
    Source: All Jersey MLS #2411972R Report a problem
    7/1/2024Pending sale$525,000$331/sqft
    Source: GSMLS #3902678 Report a problem
    5/17/2024Listed for sale$525,000$331/sqft
    Source: GSMLS #3902678 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,946 $476,300
    2024$11,946 +15.8%$476,300 +25%
    2023$10,317 -1.9%$381,000
    2022$10,519 +15.7%$381,000 +30.3%
    2021$9,091 $292,500
    2020-- $292,500
    2019$8,279 +4.2%$292,500 +377.2%
    2018$7,944 +3.8%$61,300
    2017$7,655 +2.6%$61,300
    2016$7,464 +2.2%$61,300
    2015$7,306 +1.2%$61,300
    2014$7,216 +1.4%$61,300
    2012$7,115 +2.7%$61,300
    2011$6,925 +3.8%$61,300
    2010$6,671 +1.4%$61,300
    2009$6,576 $61,300
    2008-- $61,300
    2007$20,173 +7.1%$61,300
    2006$18,841 +7.6%$61,300
    2005$17,508 $61,300
    2004-- $61,300
    2003-- $61,300
    2002-- $61,300
    2001-- $61,300
    Find assessor info on the county website

    Neighborhood: 08812

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    Estimated market value
    $614,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $614,900

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