by RHP Realty

See Home Value
Garfield 07026
116 Ray Street
Listed by: Nicholas J. Verdi, [email protected], Lifestyle International Realty, (201) 559-5770, Listing Courtesy of NJMLS
$400,000
● House - Off Market

116 Ray Street

Garfield, NJ 07026
bedrooms
2 Beds
bathrooms
1 Bath
$2,369
Est. Monthly
5.39%
Cap Rate

About This Property

Introducing a charming two-bedroom, one-bathroom gem in the heart of Garfield, New Jersey. This recently renovated property seamlessly blends modern comforts with classic charm, offering a perfect blend of style and convenience. Step inside to discover a bright and inviting living space, flooded with natural light, thanks to large windows that frame the beautiful neighborhood. The open-concept design creates a welcoming atmosphere, perfect for both relaxation and entertaining.  The kitchen boasts sleek, brand-new appliances and countertops, making meal preparation a breeze. Adjacent to the kitchen, you'll find a spacious dining area, ideal for hosting family gatherings and dinner parties.  Step out onto the deck, an outdoor oasis that extends your living space into the lush backyard. Imagine sipping your morning coffee or hosting barbecues with friends on this tranquil deck overlooking the well-maintained garden.  Two comfortable bedrooms offer peaceful retreats, each with ample
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

Last updated: 3 years ago (NJMLS #23030399)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Sold
Dec 8, 2023 Listed by Lifestyle International Realty $384,900
Listed by Lifestyle International Realty
Oct 26, 2023 In contract -
In contract

Property Highlights


Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 703
  • Building Area: 703
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 703
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Garfield City School District
  • Census Tract: 021200

Zoning

  • Zoning: R2

Geography

  • Account Number: 004224
  • District: 21
  • Parcel: 21 00156-0000-00023
  • Block: 156
  • Lot: 23
  • Municipality: GARFIELD CITY
  • Latitude: 40.884
  • Longitude: -74.1165

    Address

  • Full Address: 116 Ray St
  • Address - House Number: 116
  • Address - Street Name: Ray
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Garfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 3763
  • Zip Code: 07026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $485,005

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 343,464
  • High Value: 410,865
  • Low Value: 276,062

    Market Valuation

  • Market Total Value: $155,500
  • Market Land Value: $87,500
  • Market Improvement Value: $68,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,500
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $68,000

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 80719
  • Previous Sale Recording Date: Oct 12, 2017
  • Previous Sale Contract Date: Feb 13, 2017
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garfield


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3 Wood, Garfield, NJ, 07026

$2,900 /mo

  • 3 Beds
  • 1 Bath
3 Wood, Garfield, NJ, 07026 Listing by Halina Strzepek
Unit for rent at 62 Jewell, Garfield, NJ, 07026

$1,750 /mo

  • 2 Beds
  • 1 Bath
62 Jewell, Garfield, NJ, 07026 Listing by Manal Amer


Frequently Asked Questions

When was property at 116 Ray Street built and last sold?
The property at 116 Ray Street was built in 1920 and last sold on Oct 25, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 116 Ray Street is $404,000.
What are some comparable homes to 116 Ray Street?
There are currently no comparable homes to 116 Ray Street.