$39,900
SOLD JUN 18, 2019

103-105 Penn St Penns Grove, NJ 08069

-- Bed
-- Bath
2,390 Sq Ft
6,265 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

20% Below List Price

158 Days on Market

Highlights

  • No HOA
  • Asbestos
  • Heating Available
  • En-Suite Primary Bedroom

About This Home

As of June 2019

This Fannie Mae Homeapth property is a side by side duplex located on a corner lot in Penns Grove. Each unit has a living room, dining room, kitchen and laundry room on the first floor and 3 bedrooms and 1 bathroom on the second floor. Each side also has a unfinished basement. This home is located near public transportation, downtown shopping areas and the Delaware Bay.

Last Agent to Sell the Property

Michele Kelly

S. Kelly Real Estate LLC License #9696746 Listed on: 12/14/2018

Last Buyer's Agent

Frank Engel

EXP Realty, LLC License #1866828

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,265 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Duplex
  • Asbestos

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,390 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Unassigned Parking

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 08-00007-00009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: This Fannie Mae Homeapth property is a side by side duplex located on a corner lot in Penns Grove. Each unit has a living room, dining room, kitchen and laundry room on the first floor and 3 bedrooms and 1 bathroom on the second floor. Each side also has a unfinished basement. This home is located near public transportation, downtown shopping areas and the Delaware Bay.
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2390
  • Living Area Sq Ft: 2390
  • Price Per Sq Ft: 16.69
  • Above Grade Finished Sq Ft: 2390
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103-105

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6265.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 6

Tax Info

  • Tax Annual Amount: 4688.00
  • Assessor Parcel Number: 08-00007-00009
  • Tax Lot: 00009
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 06/18/2019

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Delaware Valley Opportunity Fund 231 Llc
Bought by
Delaware Valley Opportunity Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Outstanding Balance
$393,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$257,333

Purchase Details

Closed on
Jul 18, 2024
Sold by
Crommarty Keenon and Coney Delee Shayana
Bought by
Delaware Valley Opportunity Fund 231 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2018
Closed on
May 31, 2019
Sold by
Fnma
Bought by
Crommarty Kennon and Delee Shayana C
Seller's Agent
Michele Kelly
S. Kelly Real Estate LLC
Buyer's Agent
Frank Engel
EXP Realty, LLC
List Price
$49,900
Sold Price
$39,900
Premium/Discount to List
-$10,000
-20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.34%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Driver Christopher
Bought by
Taylor Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Delaney Kevin A
Bought by
Driver Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,175
Interest Rate
8.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2001
Sold by
Sbs Investments
Bought by
Delaney Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- Pittman Title
Quit Claim Deed -- Pittman Title
Bargain Sale Deed $125,000 None Listed On Document
Deed $39,900 Fortune Title
Bargain Sale Deed $158,000 West Jersey Title Agency
Bargain Sale Deed $126,500 West Jersey Title Agency
Bargain Sale Deed $77,000 --
Bargain Sale Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,000 New Conventional
Closed $393,000 New Conventional
Previous Owner $115,000 New Conventional
Previous Owner $28,646 New Conventional
Previous Owner $126,400 Purchase Money Mortgage
Previous Owner $15,800 Stand Alone Second
Previous Owner $120,175 Fannie Mae Freddie Mac
Previous Owner $77,000 Credit Line Revolving
Previous Owner $73,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $240,000 0.0% $87 / Sq Ft
06/16/2025 06/16/25 For Sale $240,000 +6.7% $87 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
05/21/2025 05/21/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $225,000 +463.9% $82 / Sq Ft
06/18/2019 06/18/19 Sold $39,900 0.0% $17 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $39,900 -7.0% $17 / Sq Ft
04/03/2019 04/03/19 Price Changed $42,900 -3.6% $18 / Sq Ft
03/04/2019 03/04/19 Price Changed $44,500 -10.8% $19 / Sq Ft
03/04/2019 03/04/19 For Sale $49,900 0.0% $21 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $49,900 -- $21 / 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
2024 $4,765 $88,900 $12,500 $76,400
2023 $4,765 $88,900 $12,500 $76,400
2022 $4,593 $88,900 $12,500 $76,400
2021 $4,395 $88,900 $12,500 $76,400
2020 $4,453 $88,900 $12,500 $76,400
2019 $4,472 $88,900 $12,500 $76,400
2018 $4,688 $116,200 $20,500 $95,700
2017 $4,704 $116,200 $20,500 $95,700
2016 $4,526 $116,200 $20,500 $95,700
2015 $4,335 $116,200 $20,500 $95,700
2014 $4,288 $116,200 $20,500 $95,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA115584

Bright MLS

APN: 08-00007-0000-00009