NOT LISTED FOR SALE

1 Chestnut Ave Berlin, NJ 08009

Berlin Area

Estimated Value: $346,000 - $442,000

Studio
-- Bath
2,117 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2022

Last sale price $260,000 $123 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,700 / mo

11 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Baseboard Heating
  • Eastern Regional High School Rated A
  • Forced Air Heating System

About This Home

As of August 2022

Legal duplex two blocks from the pike and walking distance to everything!! Investor alert. Downstairs unit is three bedrooms/one and a half bath and has been updated: laminate flooring, cabinets and counter tops. You will appreciate the little touches that make this property unique. Such as the chair rail that accents the property and the built in shelves in the hallway. Potential rental income could be $1600. The upstairs unit is two bedrooms and one bath with potential rental income of $1050. Nice size basement. Large backyard with a two car carport. Corner property. Separate electric meters- tenant responsible. Also two separate electric meters. Two zone heat. Each unit has their own thermostat. Owner pays for oil, water and sewer. Being sold in “as is” condition. Buyer is responsible at their sole expense for any repairs, certifications and inspections necessary to settle.

Last Agent to Sell the Property

Noel Rima

CENTURY 21 FRICK REALTORS Listed on: 05/14/2022

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 100 x 150
  • Corner Lot

Home Design

  • Duplex
  • Aluminum Siding
  • Cedar Siding

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0.34 Acres

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Basement: Full

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Aluminum, Cedar

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Heating: Baseboard, Forced Air, Oil
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 100 X 150

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Hot Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Aug 1, 2022
Sold by
Bought by
Seller's Agent
Noel Rima
CENTURY 21 FRICK REALTORS
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$244,900
Sold Price
$260,000
Premium/Discount to List
$15,100
6.17%
Views
16
Current Estimated Value
$386,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,697
Avg. Annual Appreciation
10.54%
Original Mortgage
$247,000
Interest Rate
0.0551%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 None Listed On Document
$178,000 --
$152,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $106,300
Open $247,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $260,000 +6.2% $123 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $244,900 -- $116 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,781 $224,100 $72,000 $152,100
2025 $7,781 $224,100 $72,000 $152,100
2024 $7,575 $224,100 $72,000 $152,100
2023 $7,575 $224,100 $72,000 $152,100
2022 $7,577 $224,100 $72,000 $152,100
2021 $7,418 $224,100 $72,000 $152,100
2020 $7,373 $224,100 $72,000 $152,100
2019 $7,433 $224,100 $72,000 $152,100
2018 $7,297 $224,100 $72,000 $152,100
2017 $7,023 $224,100 $72,000 $152,100
2016 $6,844 $224,100 $72,000 $152,100
2015 $6,696 $224,100 $72,000 $152,100
2014 $6,548 $224,100 $72,000 $152,100
Source: Public Records

Agents Affiliated with this Home

  • Noel Rima

    Seller's Agent in 2022

    Noel Rima

    CENTURY 21 FRICK REALTORS

    (609) 451-6635

    23 Total Sales

    Noel Rima
    Section Image

  • A

    Buyer's Agent in 2022

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 562960

South Jersey Shore Regional MLS

APN: 05-00600-0000-00014

New Jersey Camden County Berlin 08009

1 Chestnut Ave, Berlin, NJ

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