by RHP Realty

See Home Value
New Brunswick 08901
155 Nichol Avenue
$630,000
House - Off Market

155 Nichol Avenue

New Brunswick, NJ 08901
bedrooms
8 Beds
bathrooms
3 Baths, 1 Half Bath
$650,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

JUST REDUCED TO $699,000!                        Wow! A beautiful and huge one family house with 8 bedrooms, 2.5 baths, and a den--Legal for 13 people--Current '23-'24 rent is $4,684--Current Lease ends May 28, 2024--Newer electric panel--Driveway that fits 4 cars stacked--Huge detached garage with 4 yr. old roof--Security system (Not connected). Furnace and water heater are 5 yrs. old--Huge potential to achieve higher rents in the future--Endless bedrooms and closet space--Huge attic for entertaining--Laundry facilities in the basement with an outside entrance--Nice, private yard--You can knock down the existing 2 car garage which will give you at least 4 additional parking spots--If you spend 20% of the previous year's annual rent ($11,000)  in new improvements, you can raise the rent to whatever the market will bear--You've got to see this majestic house!
Unit Size
-
Days on Market
195 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1920
Last updated: 7 months ago (CJMLS #2312106R)

Price History

Date / Event Date Event Price
Dec 26, 2023 Sold $360,000
Sold
Nov 22, 2023 Sold $630,000
Sold
Oct 3, 2023 In contract -
In contract
Oct 3, 2023 Price Decreased $650,000
↓ $65K (9.1%)
Price Decreased
Oct 3, 2023 Relisted $715,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,338
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY NEW BRUNSWICK
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OLD LOTS 3+4

Ownership

  • Current Owner : 155 NICHOL LLC
  • Previous Owner : BP ACQUISITIONS LLC
  • Owner Before Previous Owner: ADAMS DAVID W
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Brunswick City School District
  • Census Tract: 005800

Zoning

  • Zoning: R-5A

Geography

  • Assessors Map Reference: TAX MAP 6400
  • Account Number: 00039510
  • District: 13
  • Parcel: 13 00214-0000-00003- 01
  • Block: 214
  • Lot: 3.01
  • Municipality: NEW BRUNSWICK CITY
  • Latitude: 40.4808
  • Longitude: -74.442

    Address

  • Full Address: 155 Nichol Ave
  • Address - House Number: 155
  • Address - Street Name: Nichol
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: New Brunswick
  • Carrier Code: C002
  • 4-Digit Zip Code: 2835
  • Zip Code: 08901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,672

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 547,715
  • High Value: 639,742
  • Low Value: 455,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,500
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 26, 2023
  • First Open Lien Mortgage Loan Amount: $472,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $348,400
  • Market Land Value: $159,300
  • Market Improvement Value: $189,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,400
  • Assessed Land Value: $159,300
  • Assessed Improvements Value: $189,100

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Transaction ID: 11918552911
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 74906
  • Previous Sale Recording Date: Feb 01, 2017
  • Previous Sale Contract Date: Jan 20, 2017
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 26, 2023
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MAGYAR BANK
  • Previous Mortgage Transaction Date: Feb 01, 2017
  • Previous Mortgage Loan Amount: $345,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
3 Baths
-
$565,000 Apr 10, 2021
$565,000 Jul 21, 2021
$994/mo
House
3 Beds
2 Baths
-
$552,000 Apr 1, 2023
$552,000 Aug 30, 2023
$819/mo
House
4 Beds
2 Baths
-
$547,500 Mar 15, 2023
$547,500 May 9, 2023
$451/mo
Condo
2 Beds
3 Baths
-
$485,000 Jan 10, 2014
$485,000 Mar 25, 2014
$930/mo
Multifamily
Stu
-
-
$549,000 Nov 30, -0001
$610,000 Nov 7, 2023
-
Land
Loft
-
-
$550,000 Jan 12, 2018
$550,000 Feb 5, 2019
-
Multifamily
8 Beds
-
-
$599,950 Sep 14, 2023
-
-
Multifamily
Stu
-
-
$689,000 Oct 6, 2023
-
$944/mo
Commercial
Loft
-
2,638 ft²
$246/ft²
$650,000 Sep 21, 2023
-
$921/mo
Multifamily
Stu
-
-
$589,000 Nov 11, 2023
-
$405/mo
Land
Loft
-
-
$750,000 Aug 30, 2023
-
$456/mo
Multifamily
5 Beds
2 Baths
2,415 ft²
$219/ft²
$530,000 Aug 21, 2023
-
$828/mo

About New Brunswick


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Frequently Asked Questions

When was property at 155 Nichol Avenue built and last sold?
The property at 155 Nichol Avenue was built in 1920 and last sold on Nov 15, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 155 Nichol Avenue is $656,500.
What are some comparable homes to 155 Nichol Avenue?
There are currently no comparable homes to 155 Nichol Avenue.

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