Sold for $319,000

$319,000

40 Railroad Ave, New Brunswick, NJ 08901

2beds

--sqft

Multi Family

Built in 1920

-- sqft lot

$491,900 Zestimate^®

$--/sqft

$2,797 Estimated rent

Home value

$491,900

$453,000 - $536,000

$2,797/mo

Zestimate^® history

Owner options

List your home for rent

$2,797/mo

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$2,797/mo

Rent Zestimate^®

Refinance and save

$2,207/mo

Est. payment

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$2,207/mo

Est. payment

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What's special

Two family home that has been rented for years. Seller will not deliver vacant! Apt 1 is 2 beds 1 bath legal for 2 people - $1325 a month (MTM tenant) Apt 2 is 2 beds 1 bath legal for 2 people - $1250 a month (also month to month tenant). Owner pays electric and water. Opportunity to raise rents or live in one unit. Buyer will be responsible for CO from the town.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1

Heating

Radiators-Steam

Cooling

None

Appliances

Included: Water Heater(Gas), Water Heater

Features

Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Basement: Full, Storage Space

Interior area

Total structure area: 0

Property

Features

Stories: 2

Lot

Size: 2,922 Square Feet
Dimensions: 117.00 x 25.00
Features: Near Shopping, Near Train

Details

Parcel number: 1300163000000024
Zoning: R-5A

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1920

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks

Community & HOA

Location

Region: New Brunswick

Financial & listing details

Tax assessed value: $239,900
Annual tax amount: $5,971
Date on market: 5/22/2023
Ownership: Fee Simple
Lease term: Unit 1(Month-Month),Unit 2(Month-Month)

Price history

Date	Event	Price
8/16/2023	Pending sale	$319,000
Source: All Jersey MLS #2312612R Report a problem
8/11/2023	Sold	$319,000
Source: All Jersey MLS #2312612R Report a problem
7/14/2023	Contingent	$319,000
Source: All Jersey MLS #2312612R Report a problem
7/10/2023	Listed for sale	$319,000
Source: All Jersey MLS #2312612R Report a problem
6/23/2023	Contingent	$319,000
Source: All Jersey MLS #2312612R Report a problem
5/23/2023	Listed for sale	$319,000
Source: All Jersey MLS #2312612R Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,283	$239,900
2024	$6,283 +3%	$239,900
2023	$6,101 +2.2%	$239,900
2022	$5,971 -1.2%	$239,900 -1.6%
2021	$6,046 +44.5%	$243,900
2020	$4,184 -27.6%	$243,900
2019	$5,776	$243,900
2018	$5,776 +1.3%	$243,900 -7.2%
2017	$5,702 +2.4%	$262,700 +170.3%
2016	$5,566 -13.7%	$97,200
2015	$6,451 +0.8%	$97,200 -15.3%
2014	$6,399 +4.6%	$114,700
2012	$6,117 +3.3%	$114,700
2011	$5,921 +2.7%	$114,700
2010	$5,766 +2.9%	$114,700
2009	$5,602	$114,700
2008	--	$114,700
2007	--	$114,700
2006	--	$114,700
2005	--	$114,700
2004	$2,569	$114,700
2003	--	$114,700
2002	--	$114,700 +91.2%
2001	--	$60,000