NOT LISTED FOR SALE

349 Grove St East Rutherford, NJ 07073

Estimated Value: $865,417 - $1,124,000

7 Beds
4.5 Baths
2,982 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $805,000 $270 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,144/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Dining Room
  • 1-minute walk to Anthony Gallo Park
  • Living Room
  • Baseboard Heating

About This Home

As of March 2023

Great 2 family property to either live in one unit and rent out other or fully rent out the property for income. Unit 1 is a duplex style 4 bed 3 bath. Unit 2 is a duplex 3 bed 1.5 bath. Recent renovations include a new roof, high-efficiency split AC units, new backyard pavers, bathroom updates (porcelain tiles), security camera wiring, additional storage and brand new self-close kitchen cabinets making the front unit turnkey and move-in ready! Walk through an entry foyer and into the open living and dining room layout featuring hardwood floors throughout . Find a guest room , a fully updated bathroom with glass shower doors and new kitchen. The second floor has a large master bedroom suite with a full bath and walk-in closets. There is plenty of space with two more bedrooms and an additional full bath. The back unit first floor features an open layout kitchen family room combo with half bathroom , recently added sun room . The second floor has 3 bedrooms, an updated full bath and laundry room. Close to NYC transportation by bus or Rutherford train station.

Last Listed By

Bruno Mele

LIBERTY REALTY LLC License #1645773 Listed on: 01/13/2023

LIBERTY REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,713

Year Built

  • 1910

Lot Details

  • Lot Dimensions are 30 x 100

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00020 / 00044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,713

Year Built

1910

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Exclusions: All personal property
  • Inclusions: Fixtures & Appliances
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Total Bedrooms: 7
  • Basement: Full, Unfinished
  • Total Dining Rooms: 1
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 4
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 3
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 3700
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Floor 2 Half Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 2300
  • Fl1 Rooms: 7
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, A/C Wall, Baseboard, Radiators

Lot Info

  • Geo Address Line: 349 Grove St
  • Geo Primary City: East Rutherford
  • Geo Quality: 0.95
  • Geo Update Timestamp: 01/13/2023
  • Geo Zoom Level: 16
  • Lot: 00020
  • Lot Size: 30 x 100

Tax Info

  • Year: 2022
  • Taxes: 9713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 3, 2023
Sold by
Faragalla Nader and Faragalla Sylvia
Bought by
Bajwa Sultan
Seller's Agent
Bruno Mele
LIBERTY REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%
Total Days on Market
11
Views
89
Current Estimated Value
$957,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,104
Avg. Annual Appreciation
8.42%
Original Mortgage
$684,250
Outstanding Balance
$666,581
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$290,524

Purchase Details

Closed on
Apr 23, 1998
Sold by
Tausendfreund Donald and Tausendfreund Virginia
Bought by
Faragalla Nader and Awad Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
6.75%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Bajwa Sultan $805,000 Stewart Title
Faragalla Nader $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajwa Sultan $684,250
Previous Owner Faragalla Nader $468,000
Previous Owner Faragalla Nader A $290,000
Previous Owner Faragalla Nader $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $805,000 +1.3% $270 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $795,000 -- $267 / Sq Ft
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
2024 $9,621 $613,300 $265,800 $347,500
2023 $9,713 $592,800 $256,600 $336,200
2022 $9,713 $554,700 $247,400 $307,300
2021 $9,458 $526,300 $228,000 $298,300
2020 $8,427 $463,300 $223,100 $240,200
2019 $8,372 $457,000 $210,000 $247,000
2018 $7,626 $428,900 $202,400 $226,500
2017 $7,251 $349,600 $170,000 $179,600
2016 $6,800 $349,600 $170,000 $179,600
2015 $6,877 $349,600 $170,000 $179,600
2014 $6,656 $349,600 $170,000 $179,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230000782

Hudson County MLS

APN: 12-00044-0000-00020