102 Spruce St Delran, NJ 08075
--
Bed
--
Bath
1,893
Sq Ft
0.48
Acres
Highlights
- Open Floorplan
- Private Lot
- Breakfast Area or Nook
- Colonial Architecture
- Attic
- 3-minute walk to Ash Street Playground
About This Home
As of December 2024This is a rare opportunity to live in one unit and rent out the other, subsidizing your mortgage payments as an owner-occupant, or to kickstart your investing with a clean, solid property ready to perform for years to come. The two-unit building offers a well-maintained first-floor unit occupied by a long-term tenant, providing steady income from day one. The second-floor unit is vacant and move-in ready, perfect for an owner to occupy or rent out for additional income.
Renovated within the last 20 years, the property features central forced air heating and air conditioning in both units, ensuring modern comfort. Situated on just under half an acre with ample parking, this home combines space, convenience, and the potential for great cash flow. Whether you’re an investor or looking for a smart way to offset your living costs, this property offers a fantastic opportunity.
Last Agent to Sell the Property
Key Properties Real Estate License #rm424208 Listed on: 10/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,701
Year Built
- Built in 1955 | Remodeled in 2005
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 93.00 x 225.00
- Rural Setting
- Private Lot
- Secluded Lot
- Back and Front Yard
- Property is in excellent condition
Home Design
- Duplex
- Colonial Architecture
- Dwelling with Rental
- Slab Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 1,893 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Replacement Windows
- Insulated Windows
- Double Hung Windows
- Window Screens
- Insulated Doors
- Carpet
- Stacked Washer and Dryer
- Attic
Kitchen
- Eat-In Galley Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Stove
- Range Hood
Bedrooms and Bathrooms
- Soaking Tub
- Bathtub with Shower
Parking
- 7 Parking Spaces
- 6 Driveway Spaces
- 1 Off-Street Space
- Private Parking
- Paved Parking
- Unassigned Parking
Outdoor Features
- Shed
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- The owner pays for snow removal, real estate taxes, lawn/shrub care
- Tax Lot 00004
- Assessor Parcel Number 10-00122 01-00004
Community Details
Overview
- 2 Units
- 2-Story Building
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Dec 5, 2024
Sold by
Balboni Anthony
Bought by
Mohsin Tanzila
Seller's Agent
Anthony Balboni
Key Properties Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,207
Avg. Annual Appreciation
-1.75%
Original Mortgage
$394,250
Outstanding Balance
$392,891
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$17,366
Purchase Details
Closed on
Nov 20, 2001
Sold by
Karmade Joanne
Bought by
Balboni Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.08%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | None Listed On Document | |
| Deed | $78,000 | Congress Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $394,250 | New Conventional | |
| Previous Owner | $123,000 | New Conventional | |
| Previous Owner | $85,000 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $18,000 | Unknown | |
| Previous Owner | $92,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $415,000 | -1.2% | $219 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | Price Changed | $420,000 | +5.3% | $222 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $399,000 | 0.0% | $211 / Sq Ft |
| 07/15/2018 07/15/18 | Rented | $1,100 | -13.7% | -- |
| 06/27/2018 06/27/18 | Under Contract | -- | -- | -- |
| 05/17/2018 05/17/18 | For Rent | $1,275 | +27.6% | -- |
| 08/20/2014 08/20/14 | Rented | $999 | -18.7% | -- |
| 08/19/2014 08/19/14 | Under Contract | -- | -- | -- |
| 06/04/2014 06/04/14 | For Rent | $1,229 | +14.3% | -- |
| 06/01/2012 06/01/12 | Rented | $1,075 | -0.5% | -- |
| 05/10/2012 05/10/12 | Under Contract | -- | -- | -- |
| 04/05/2012 04/05/12 | For Rent | $1,080 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,763 | $170,100 | $43,600 | $126,500 |
| 2024 | $6,702 | $170,100 | $43,600 | $126,500 |
| 2023 | $6,702 | $170,100 | $43,600 | $126,500 |
| 2022 | $6,615 | $170,100 | $43,600 | $126,500 |
| 2021 | $6,619 | $170,100 | $43,600 | $126,500 |
| 2020 | $6,605 | $170,100 | $43,600 | $126,500 |
| 2019 | $6,544 | $170,100 | $43,600 | $126,500 |
| 2018 | $6,435 | $170,100 | $43,600 | $126,500 |
| 2017 | $6,333 | $170,100 | $43,600 | $126,500 |
| 2016 | $6,239 | $170,100 | $43,600 | $126,500 |
| 2015 | $6,136 | $170,100 | $43,600 | $126,500 |
| 2014 | $5,868 | $170,100 | $43,600 | $126,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Anthony Balboni
Key Properties Real Estate
(856) 824-1000
119 Total Sales
-
d
Buyer's Agent in 2024
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJBL2074946
APN: 10-00122-01-00004
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