RealtyBid - Details for Property - 388-390 Park Avenue, Perth Amboy, NJ 8861
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388-390 Park Avenue

Middlesex County, Perth Amboy, NJ 8861
This auction has been postponed until 02/15/2023.
Property ID 729373

Details

  • 5 Bedrooms
  • 2 Full Baths
  • 1 Half Baths
  • Basement: Full
  • 3820 Sq Ft
  • Built in 1920
  • Gas Heat
  • 5000 Sq Ft Lot

Notes and Disclaimers

  • PROPERTY MAY BE OCCUPIED

    Please note that it is unlawful to trespass on this property. Do not disturb tenant.

Contingencies/Terms Offered

PROPERTY MAY BE OCCUPIED. PLEASE NOTE THAT IT IS UNLAWFUL TO TRESPASS ON THIS PROPERTY. DO NOT DISTURB TENANT.

One-Year Forecast

Property + 4.97%
ZIP + 4.43%
Metro + 2.32%

Property Insights

House Ranking: 7

43% of houses appreciate more than 8.33% in this ZIP Code

32% of houses are forecast to appreciate more than 4.97% in this ZIP Code

Historical Growth

  Last Year 10 Year
Property + 8.33% +125.43%
ZIP + 0.90% +104.21%
Metro + 0.88% +58.50%

Index Tools - Valuation Changes

Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

 
Property Changes
 
ZIP Code Changes
 
Metro Changes

ZIP Market Segments Analysis

The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



Tier 1
1,248 Sq Ft and less
Tier 2
1,248 - 1,590 Sq Ft
Tier 3
1,590 - 1,983 Sq Ft
Tier 4
1,983 Sq Ft and greater


Tier Comparison By Value Tier

The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

 
 
Last Year Change
 
Forecast
 

Last Year 1-Year Forecast % Rising
Tier 1 + 11.03% + 4.48% +100.00%
Tier 2 + 10.80% + 4.35% +100.00%
Tier 3 + 10.72% + 4.38% +100.00%
Tier 4 + 11.41% + 4.95% +100.00%

Percentage Of Homes Rising By Value Tier

The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

Fix and Flip

Estimated Value Analysis Using Comparable Flipped Properties

This tool estimates the post-repair value for the subject property based on an analysis of properties with similar characteristics that have been recently been bought, repaired and re-sold.

Square Footage Bedrooms Bathrooms Lot Size Year Built After Repair Value
Median of Fixed & Sold Comps 1,268 0 0 5,000 Sq Ft 1941 $401,500
388 PARK AVE PERTH AMBOY NJ 8861 3,820 0 0 5,000 Sq Ft 1920
Difference Bigger Same amount of Bedrooms Same amount of Bathrooms Same size Lot Older
Estimated Value using Flips $556,000


Comparables

Comps Used Distance Bedrooms Baths Square Footage Lot Size Year Built First Sale Date First Sale Value Second Sale Date Second Sale Value Valuation
72 RIDGE RD RAHWAY NJ 7065 3.5 miles 5 4 1,087 Sq Ft 5,445 Sq Ft 1949 1/25/2021 $ 75,000 10/12/2021 $415,000 $422,000
622 ERUDO ST LINDEN NJ 7036 3.5 miles 0 0 1,672 Sq Ft 3,999 Sq Ft 1952 9/17/2020 $170,000 3/24/2021 $420,000 $592,000
729 ERUDO ST LINDEN NJ 7036 3.5 miles 0 0 1,560 Sq Ft 5,001 Sq Ft 1943 11/29/2021 $415,000 3/29/2022 $500,000 $551,000
836 ERUDO ST LINDEN NJ 7036 3.5 miles 0 0 1,476 Sq Ft 3,999 Sq Ft 1944 7/2/2021 $310,000 3/3/2022 $522,500 $555,000
452 JAQUES AVE RAHWAY NJ 7065 3.4 miles 4 2 1,228 Sq Ft 5,650 Sq Ft 1956 5/24/2021 $179,000 11/12/2021 $350,000 $401,000
638 SEMINARY AVE RAHWAY NJ 7065 3.4 miles 0 0 1,258 Sq Ft 4,487 Sq Ft 1920 8/28/2020 $220,000 5/7/2021 $322,000 $406,000
735 AUDREY DR RAHWAY NJ 7065 3.4 miles 6 3 1,560 Sq Ft 10,080 Sq Ft 1942 6/4/2021 $225,000 9/30/2021 $420,000 $354,000
17 REDDINGTON DR MATAWAN NJ 7747 3.4 miles 4 3 2,478 Sq Ft 11,929 Sq Ft 2000 3/31/2020 $560,000 2/10/2021 $735,000 $776,000
1722 CHURCH ST RAHWAY NJ 7065 3.4 miles 0 0 1,212 Sq Ft 2,130 Sq Ft 1900 3/19/2021 $215,000 9/29/2021 $403,000 $401,000
56 WILDWOOD LN STATEN ISLAND NY 10307 3.4 miles 0 0 997 Sq Ft 656 Sq Ft 1996 5/4/2021 $285,500 7/22/2021 $310,000 $459,000
41 SANDY LN STATEN ISLAND NY 10307 3.4 miles 0 0 997 Sq Ft 656 Sq Ft 1995 5/25/2021 $360,000 5/2/2022 $470,000 $472,000
2268 CHURCH ST RAHWAY NJ 7065 3.3 miles 3 4 1,560 Sq Ft 8,398 Sq Ft 1930 8/7/2020 $335,000 6/30/2021 $475,000 $540,000
28 SPYROS DR SOUTH AMBOY NJ 8879 3.3 miles 3 1 1,755 Sq Ft 6,500 Sq Ft 1958 9/23/2021 $345,000 3/24/2022 $555,000 $459,000
2081 WHITTIER ST RAHWAY NJ 7065 3.2 miles 0 0 851 Sq Ft 4,500 Sq Ft 1940 11/15/2021 $240,000 6/6/2022 $386,500 $356,000
1758 WHITTIER ST RAHWAY NJ 7065 3.2 miles 0 0 2,404 Sq Ft 3,267 Sq Ft 1920 1/14/2022 $399,900 7/19/2022 $600,000 $531,000
78 REMSEN AVE AVENEL NJ 7001 3.2 miles 3 2 997 Sq Ft 9,750 Sq Ft 1905 7/13/2021 $255,100 1/19/2022 $338,000 $380,000
185 PROSPECT AVE AVENEL NJ 7001 3.2 miles 2 2 768 Sq Ft 11,250 Sq Ft 1949 11/25/2020 $250,000 9/21/2021 $365,000 $346,000
534 STATE ROUTE 34 MATAWAN NJ 7747 3.2 miles 4 2 2,518 Sq Ft 42,689 Sq Ft 1976 1/22/2021 $275,000 6/30/2021 $330,000 $873,000
1980 LUFBERRY ST RAHWAY NJ 7065 3 miles 0 0 1,114 Sq Ft 6,852 Sq Ft 1950 12/8/2021 $160,000 5/11/2022 $380,000 $380,000
1501 CAMPBELL ST RAHWAY NJ 7065 3 miles 0 0 1,574 Sq Ft 3,001 Sq Ft 1890 7/7/2021 $235,000 11/29/2021 $420,000 $454,000
15 RESEAU AVE SOUTH AMBOY NJ 8879 2.9 miles 4 2 1,810 Sq Ft 12,875 Sq Ft 1962 3/30/2021 $200,000 12/3/2021 $465,000 $464,000
468 WASHINGTON ST RAHWAY NJ 7065 2.9 miles 5 1 1,544 Sq Ft 5,349 Sq Ft 1974 1/15/2021 $250,000 8/19/2021 $475,000 $459,000
151 MONROE ST RAHWAY NJ 7065 2.9 miles 0 0 2,033 Sq Ft 4,901 Sq Ft 1875 1/21/2022 $317,507 4/1/2022 $380,000 $470,000
6 MARTHA BLVD SOUTH AMBOY NJ 8879 2.9 miles 0 0 0 Sq Ft 10,500 Sq Ft 0 11/16/2021 $462,000 4/22/2022 $550,000 $526,000
240 ADAMS ST RAHWAY NJ 7065 2.8 miles 0 0 1,458 Sq Ft 2,252 Sq Ft 1910 3/17/2021 $248,500 9/28/2021 $420,000 $479,000
233 ADAMS ST RAHWAY NJ 7065 2.8 miles 0 0 1,040 Sq Ft 5,101 Sq Ft 1974 8/28/2020 $166,250 2/25/2021 $315,000 $386,000
1618 MONTGOMERY ST RAHWAY NJ 7065 2.8 miles 0 0 1,294 Sq Ft 2,522 Sq Ft 1952 2/22/2021 $160,000 8/31/2021 $345,000 $417,000
1742 PARK ST RAHWAY NJ 7065 2.8 miles 0 0 1,808 Sq Ft 4,578 Sq Ft 1940 8/11/2021 $340,000 10/21/2021 $495,000 $536,000
281 CONOVER ST SOUTH AMBOY NJ 8879 2.8 miles 3 2 1,224 Sq Ft 2,500 Sq Ft 1914 8/13/2020 $281,325 4/12/2021 $307,000 $342,000
880 STATE ROUTE 35 SOUTH AMBOY NJ 8879 2.8 miles 4 3 1,278 Sq Ft 4,000 Sq Ft 1922 9/9/2020 $122,000 6/10/2021 $360,000 $413,000
42 EVELYN TER SOUTH AMBOY NJ 8879 2.5 miles 0 0 0 Sq Ft 5,500 Sq Ft 0 4/21/2021 $253,000 10/1/2021 $400,000 $425,000
505 FRANCIS AVE WOODBRIDGE NJ 7095 2.4 miles 3 2 1,186 Sq Ft 5,000 Sq Ft 1921 8/21/2020 $189,000 2/26/2021 $380,000 $415,000
1145 RAHWAY AVE AVENEL NJ 7001 2.1 miles 0 0 650 Sq Ft 10,425 Sq Ft 1948 11/23/2020 $185,000 8/6/2021 $365,000 $293,000
9 BROWN ST WOODBRIDGE NJ 7095 2 miles 3 3 1,825 Sq Ft 15,000 Sq Ft 1967 8/10/2021 $355,000 6/2/2022 $593,000 $566,000
9 BROWN ST WOODBRIDGE NJ 7095 2 miles 3 3 1,825 Sq Ft 15,000 Sq Ft 1967 6/21/2021 $275,000 8/10/2021 $355,000 $566,000
22 YALE AVE AVENEL NJ 7001 2 miles 0 0 944 Sq Ft 5,000 Sq Ft 1936 4/22/2021 $235,000 12/23/2021 $425,000 $408,000
14 HOMESTEAD AVE AVENEL NJ 7001 2 miles 3 3 1,256 Sq Ft 5,000 Sq Ft 1936 10/6/2020 $295,000 4/12/2021 $425,000 $489,000
223 CLINTON ST WOODBRIDGE NJ 7095 1.9 miles 0 0 1,008 Sq Ft 4,000 Sq Ft 1944 11/20/2020 $215,000 5/21/2021 $358,000 $467,000
29 N SMITH ST AVENEL NJ 7001 1.9 miles 3 1 1,070 Sq Ft 5,000 Sq Ft 1935 10/28/2020 $160,000 5/19/2021 $406,000 $409,000
164 LOCKWOOD AVE WOODBRIDGE NJ 7095 1.9 miles 3 2 1,168 Sq Ft 5,000 Sq Ft 1941 6/3/2021 $205,000 2/9/2022 $350,000 $408,000
456 SCHOOL ST WOODBRIDGE NJ 7095 1.8 miles 4 2 1,152 Sq Ft 2,747 Sq Ft 1896 11/19/2020 $177,500 4/20/2021 $375,000 $336,000
409 MEACHAM DR SOUTH AMBOY NJ 8879 1.8 miles 0 0 1,604 Sq Ft 5,200 Sq Ft 1966 2/26/2021 $215,000 11/1/2021 $430,000 $382,000
452 BROOK AVE SOUTH AMBOY NJ 8879 1.7 miles 0 0 0 Sq Ft 8,500 Sq Ft 0 8/23/2021 $300,000 1/25/2022 $465,000 $477,000
12 CRAMPTON AVE WOODBRIDGE NJ 7095 1.5 miles 0 0 1,979 Sq Ft 8,250 Sq Ft 1922 3/12/2021 $320,000 2/11/2022 $550,000 $503,000
651 LEONE ST WOODBRIDGE NJ 7095 1.5 miles 0 0 1,332 Sq Ft 5,000 Sq Ft 1946 8/28/2020 $160,000 3/15/2021 $400,000 $442,000
409 LEON AVE PERTH AMBOY NJ 8861 0.6 miles 0 0 944 Sq Ft 5,000 Sq Ft 1924 5/8/2020 $255,000 4/5/2021 $319,000 $337,000
306 BARCLAY ST PERTH AMBOY NJ 8861 0.5 miles 0 0 1,876 Sq Ft 5,000 Sq Ft 1929 8/12/2021 $220,000 8/1/2022 $500,000 $515,000
198 HIGH ST PERTH AMBOY NJ 8861 0.4 miles 4 2 1,778 Sq Ft 1,722 Sq Ft 1899 12/29/2020 $336,000 8/10/2021 $377,000 $397,000
676 CORTLANDT ST PERTH AMBOY NJ 8861 0.4 miles 0 0 2,178 Sq Ft 2,500 Sq Ft 1919 11/12/2020 $270,000 7/12/2021 $383,000 $409,000

This property is being sold at a public auction.

Trustee Sale Details

Auction date and time
Date Feb 15, 2023
Start Time 1:30 PM
Location

Bidding Instructions

All bidders must show proof of identity as well as proof of authority to purchase on behalf of a legal entity.
A deposit of 20% is due immediately following the sale. Certified Funds in the form of cashier's checks are required to bid. All forms of payment must meet requirements set by the sheriff conducting the sale. Please visit the applicable website or contact the County or Foreclosure Sale Agent directly to obtain information regarding foreclosure sales. Financing Not Accepted.

Contact

Customer Service *Contact Customer Service (877) 518-5700

Foreclosing Attorney

*RAS Citron Law Offices 973-575-0707
Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.