NOT LISTED FOR SALE

54 Drift St New Brunswick, NJ 08901

Estimated Value: $351,000 - $374,000

3 Beds
1 Bath
-- Sq Ft
1,350 Sq Ft Lot

Last Sold November 06, 2023

Last sale price $305,000

Est. 20% increase in value since last sale

Current estimated payment $2,381/month

111 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Shades
  • Property is near public transit
  • L-Shaped Dining Room
  • Enclosed patio or porch

About This Home

As of November 2023

WELCOME HOME! In the prestigious New Brunswick neighborhood, home to Rutgers University and RWJ hospital, stands a completely turn-key one family colonial. The 3 bedroom 1 bathroom spans over two floors & a full basement. Upon entry, you are greeted by an enclosed porch, great for relaxing & soaking up sunlight. The door on your left leads to your bright living room. The living room leads to your separate dining area and into your eat-in kitchen. Make your way up the stairs and discover your three great sized bedrooms and 1 bathroom. Outside you will find your driveway that can double as a private space for entertaining guests outdoors. The home is close to Downtown New Brunswick all modes of public transportation and minutes away from Garden State Pkwy, Route 18/1/27, and 95-Turnpike for an easy commute to New York. Taxes are incredibly low at $4,055/year! The home is vacant, the previous rent rolls were $1,700. The seller is willing to provide seller's concession for strong offers over the list price to assist with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers, no wholesalers please. Come tour, the opportunity will not last for long!

Last Listed By

DARRELL BAILEY

EXP REALTY, LLC Listed on: 07/18/2023

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,055

Year Built

  • Built in 1920

Lot Details

  • 1,350

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Shades
  • Blinds
  • L-Shaped Dining Room
  • Formal Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Parking

  • Driveway
  • Paved Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,055

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: 0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L, Living Dining Combo, Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: See Remarks, Gas Water Heater
  • Has Basement: Full, Storage Space, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: See Remarks, Vinyl-Linoleum, Wood
  • Interior Amenities: Blinds, Shades-Existing, Kitchen, Living Room, Dining Room, 3 Bedrooms, Bath Full, None
  • Stories: 2
  • Window Features: Blinds, Shades-Existing

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, See Remarks, Near Public Transit
  • Exterior Features: Enclosed Porch(es), Fencing/Wall
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width, Driveway, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4055
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Oct 4, 2023
Sold by
Govardhan Group Llc
Bought by
New Brunswick Tomorrow
Seller's Agent
DARRELL BAILEY
EXP REALTY, LLC
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Total Days on Market
111
Views
653
Current Estimated Value
$364,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,667
Avg. Annual Appreciation
12.92%

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 15, 2020
Sold by
Rolon Marcela
Bought by
Govardhan Group Llc
Seller's Agent
JEAN DONAZAL
WEICHERT REALTORS
Buyer's Agent
JEAN DONAZAL
WEICHERT REALTORS
List Price
$280,000
Sold Price
$200,000
Premium/Discount to List
-$80,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Original Mortgage
$170,000
Interest Rate
2.8%
Mortgage Type
Commercial

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
New Brunswick Tomorrow $305,000 Capital Title
Govardhan Group Llc $200,000 Ridge Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Brunswick Tomorrow $1,706,203
Previous Owner Govardhan Group Llc $647,250
Previous Owner Govardhan Group Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $305,000 +2.0% --
07/18/2023 07/18/23 For Sale $299,000 +49.5% --
11/02/2020 11/02/20 Sold $200,000 0.0% $110 / Sq Ft
11/02/2020 11/02/20 Sold $200,000 -28.6% --
10/27/2020 10/27/20 Pending -- -- --
10/03/2020 10/03/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $280,000 +40.0% --
07/05/2020 07/05/20 For Sale $200,000 -- $110 / Sq Ft
Source: All Jersey 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 $4,143 $162,900 $45,000 $117,900
2023 $4,143 $162,900 $45,000 $117,900
2022 $4,055 $162,900 $45,000 $117,900
2021 $2,814 $162,900 $45,000 $117,900
2020 $4,024 $162,900 $45,000 $117,900
2019 $3,947 $162,900 $45,000 $117,900
2018 $3,857 $162,900 $45,000 $117,900
2017 $3,704 $162,900 $45,000 $117,900
2016 $5,103 $87,000 $15,400 $71,600
2015 $4,982 $87,000 $15,400 $71,600
2014 $4,893 $87,000 $15,400 $71,600
Source: Public Records

Agents Affiliated with this Home

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Source: All Jersey MLS

MLS Number: 2400721R

All Jersey MLS

APN: 13-00148-0000-00013-01