NOT LISTED FOR SALE

1 E Thompson Ave Gloucester City, NJ 08030

Estimated Value: $229,000 - $329,000

Studio
-- Bath
1,792 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $155,000 $86 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,018/month

68 Days on Market

About This Home

As of January 2022

Fully Occupied duplex ready to bring you instant income! The property is located close to schools, parks and public transportation. Property in great condition. Property can be packaged with 608 Division St, 174 S Burlington St and 154 S Burlington. All in Gloucester and fully occupied. Lets make a deal!

Last Agent to Sell the Property

Richard Dolson

(609) 790-7570 realtorrichd@gmail.com Coldwell Banker Realty Listed on: 06/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Richard Dolson

(609) 790-7570 realtorrichd@gmail.com Coldwell Banker Realty Listed on: 06/03/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,596

Year Built

  • Built in 1920

Lot Details

  • 6,375 Sq Ft Lot
  • Lot Dimensions are 75.00 x 85.00

Parking

  • On-Street Parking

Home Design

  • 1,792 Sq Ft Home
  • Duplex
  • Stucco

Schools

  • Cold Springs Elementary School
  • Gloucester Middle School
  • Gloucester City Jr. Sr. High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 14-00214-00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,596

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: tenant owned property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 89.29
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COLD SPRINGS E.S.
  • High School: GLOUCESTER CITY JR. SR. H.S.
  • Middle Or Junior School: GLOUCESTER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 103100.00
  • Land Assessed Value: 38500.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 75.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6375.00
  • Zoning: DUPLEX

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 21360.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1854226
  • Tax Annual Amount: 6596.00
  • Assessor Parcel Number: 14-00214-00021
  • Tax Lot: 00021
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jan 5, 2022
Sold by
Depoder Iii Carlos A
Bought by
Kiwi & Coco Llc
Seller's Agent
Richard Dolson
Coldwell Banker Realty
Buyer's Agent
Richard Dolson
Coldwell Banker Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$274,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,612
Avg. Annual Appreciation
15.13%
Original Mortgage
$240,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2001
Sold by
Savage Charles L
Bought by
Depoder Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,508
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1997
Sold by
Savage Helen M
Bought by
Savage Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kiwi & Coco Llc $150,000 Surety Title
Depoder Carlos A $89,400 --
Savage Charles $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiwi & Coco Llc $240,000
Previous Owner Depoder Carlos A $88,508
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $155,000 -3.1% $86 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $160,000 -3.0% $89 / Sq Ft
07/27/2021 07/27/21 For Sale $165,000 0.0% $92 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $165,000 -- $92 / Sq Ft
Source: Bright 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
2025 $7,098 $141,600 $38,500 $103,100
2024 $7,086 $141,600 $38,500 $103,100
2023 $7,086 $141,600 $38,500 $103,100
2022 $6,662 $141,600 $38,500 $103,100
2021 $6,596 $141,600 $38,500 $103,100
2020 $6,369 $141,600 $38,500 $103,100
2019 $6,239 $141,600 $38,500 $103,100
2018 $6,117 $141,600 $38,500 $103,100
2017 $5,991 $141,600 $38,500 $103,100
2016 $5,765 $141,600 $38,500 $103,100
2015 $5,191 $141,600 $38,500 $103,100
2014 $4,847 $92,400 $21,500 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD421486

Bright MLS

APN: 14-00214-0000-00021