NOT LISTED FOR SALE

1022 W Front St Florence, NJ 08518

Estimated Value: $209,351 - $339,000

-- Bed
-- Bath
1,679 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $119,000 $71 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,759/month

8 Days on Market

Highlights

  • No HOA
  • Replacement Windows
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet
  • 3-minute walk to R.d. Wood Park

About This Home

As of January 2018

Exceptionally well maintained 2 Unit. Consists of a 1 bedroom unit on the first floor and a 2 bedroom unit on the 2nd floor. Everything down to the studs was redone in 2009 with a double firewall between the attached dwelling. A brand new gas heater in the 2nd floor unit 4-17. New hot water heater for 2nd floor apt 10-17. The owner decided to sell the units unoccupied so that the new owner can start fresh with new rental leases. The 1st floor one bedroom should rent for $850 and all of the utilities are separate and paid by the tenants. The 2nd floor should rent for at least $950 a month. The current owner has allowed the tenants to use the basement for storage. This will be a money maker from day one!!! This property is being sold as-is with the buyer to obtain all inspections, including Certificate of Occupancy. Property was just redone approx. 9 years ago.

Last Agent to Sell the Property

Cathy Hutchison

RE/MAX at Home License #7849121 Listed on: 11/21/2017

RE/MAX at Home

Last Buyer's Agent

DENNIS BREZA

BHHS Fox & Roach - Robbinsville License #7834344

BHHS Fox & Roach - Robbinsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1922

Lot Details

  • 3,450 Sq Ft Lot
  • Lot Dimensions are 30x115
  • Property is in good condition

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,679 Sq Ft Home
  • Replacement Windows
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • Driveway
  • On-Street Parking

Schools

  • Roebling Elementary School
  • Florence Township Memorial High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,675

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 15-00004-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 2 Elec Ranges, 2 Built-In Microwaves, 2 Dishwshers, 2 Ref. All As-Is
  • New Construction: No
  • Storage: Basement
  • Year Built: 1922
  • Remarks Public: Exceptionally well maintained 2 Unit. Consists of a 1 bedroom unit on the first floor and a 2 bedroom unit on the 2nd floor. Everything down to the studs was redone in 2009 with a double firewall between the attached dwelling. A brand new gas heater in the 2nd floor unit 4-17. New hot water heater for 2nd floor apt 10-17. The owner decided to sell the units unoccupied so that the new owner can start fresh with new rental leases. The 1st floor one bedroom should rent for $850 and all of the utilities are separate and paid by the tenants. The 2nd floor should rent for at least $950 a month. The current owner has allowed the tenants to use the basement for storage. This will be a money maker from day one!!! This property is being sold as-is with the buyer to obtain all inspections, including Certificate of Occupancy. Property was just redone approx. 9 years ago.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1679
  • Living Area Sq Ft: 1679
  • Price Per Sq Ft: 71.41
  • Above Grade Finished Sq Ft: 1679
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1022

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: ROEBLING SCHOOL
  • High School: FLORENCE TOWNSHIP MEMORIAL
  • School District Key: 300200396948
  • Elementary School: ROEBLING SCHOOL
  • High School: FLORENCE TOWNSHIP MEMORIAL

Lot Info

  • Improvement Assessed Value: 70600.00
  • Land Assessed Value: 38400.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3450.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1650576
  • Tax Annual Amount: 2675.00
  • Assessor Parcel Number: 15-00004-00018
  • Tax Lot: 00018
  • Tax Year: 2016
  • Close Date: 01/26/2018

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jan 26, 2018
Sold by
Burr Douglas A and Burr Joanne T
Bought by
Weaner Scott
Seller's Agent
Cathy Hutchison
RE/MAX at Home
Buyer's Agent
DENNIS BREZA
BHHS Fox & Roach - Robbinsville
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%
Current Estimated Value
$274,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,338
Avg. Annual Appreciation
11.95%
Original Mortgage
$89,250
Outstanding Balance
$76,449
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$204,514

Purchase Details

Closed on
Apr 26, 1996
Sold by
Iacovitti Antonio
Bought by
Burr Douglas A and Burr Joanne T
Source: Public Records

Range of Values:

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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
Weaner Scott $119,000 Prenier Services Abstract
Burr Douglas A $70,500 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaner Scott $89,250
Previous Owner Burr Douglas A $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $119,000 -0.8% $71 / Sq Ft
01/04/2018 01/04/18 Price Changed $119,900 0.0% $71 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $119,900 -- $71 / 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 $3,314 $118,900 $38,400 $80,500
2024 $3,172 $118,900 $38,400 $80,500
2023 $3,172 $118,900 $38,400 $80,500
2022 $3,104 $118,900 $38,400 $80,500
2021 $3,077 $118,900 $38,400 $80,500
2020 $3,065 $118,900 $38,400 $80,500
2019 $3,038 $118,900 $38,400 $80,500
2018 $2,761 $109,000 $38,400 $70,600
2017 $2,727 $109,000 $38,400 $70,600
2016 $2,675 $109,000 $38,400 $70,600
2015 $2,644 $110,000 $42,700 $67,300
2014 $3,132 $134,000 $42,700 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004196823

Bright MLS

APN: 15-00004-0000-00018