NOT LISTED FOR SALE

100 Jackson Rd Berlin, NJ 08009

Estimated Value: $884,490

-- Bed
-- Bath
3,834 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $225,000 $59 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $5,752/month

4 Days on Market

About This Home

As of March 2024

Contracts out. Backup offers only. Fantastic opportunity for a commercial property with immense potential! It is a former bar/restaurant with 2 units upstairs. This fixer-upper boasts a prime location and offers a blank canvas for creative redevelopment. Bring your vision to life in this space that awaits a transformation into a thriving business hub. Rehab needed, but the possibilities are limitless. Don't miss out on shaping the future of this promising investment. Sold strictly as-is. Buyer is responsible for all due diligence, any/all inspections and/or requirements.

Last Agent to Sell the Property

John Swartz

(856) 308-2698 swartzrealestate@gmail.com RE/MAX Preferred - Sewell License #0125598 Listed on: 01/29/2024

Last Buyer's Agent

Jason Galante

(856) 625-8898 jgalantz@gmail.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,231

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 150.00 x 318.00

Parking

  • Parking Lot

Home Design

  • 3,834 Sq Ft Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Well
  • Natural Gas Water Heater
  • Septic Tank

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 35-00101-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,231

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3834
  • Living Area Sq Ft: 3834
  • Price Per Sq Ft: 50.83
  • Above Grade Finished Sq Ft: 3834
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 150.00 x 318.00
  • Zoning: PI

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12231.00
  • Assessor Parcel Number: 35-00101-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WATERFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 8, 2024
Sold by
Wf Master Reo Llc
Bought by
Palladino John A
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
Jason Galante
Real Broker, LLC
List Price
$194,900
Sold Price
$225,000
Premium/Discount to List
$30,100
15.44%
Views
155
Current Estimated Value
$884,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,490

Purchase Details

Closed on
Nov 30, 2022
Sold by
Sheriff Of The County Of Camden
Bought by
Wf Master Reo Llc

Purchase Details

Closed on
Aug 13, 1999
Sold by
Bopp Ruth E
Bought by
Prokaus John and Prokaus Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.83%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Palladino John A $225,000 None Listed On Document
Palladino John A $225,000 None Listed On Document
Wf Master Reo Llc $535,348 None Listed On Document
Wf Master Reo Llc $535,348 None Listed On Document
Prokaus John $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prokaus John $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $225,000 +15.4% $59 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $194,900 -- $51 / 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 $13,125 $297,900 $72,200 $225,700
2024 $12,801 $297,900 $72,200 $225,700
2023 $12,801 $297,900 $72,200 $225,700
2022 $12,232 $297,900 $72,200 $225,700
2021 $12,172 $297,900 $72,200 $225,700
2020 $12,113 $297,900 $72,200 $225,700
2019 $11,928 $297,900 $72,200 $225,700
2018 $11,916 $297,900 $72,200 $225,700
2017 $11,731 $297,900 $72,200 $225,700
2016 $11,562 $297,900 $72,200 $225,700
2015 $11,258 $297,900 $72,200 $225,700
2014 $10,797 $195,500 $41,700 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2061848

Bright MLS

APN: 35-00101-0000-00001