NOT LISTED FOR SALE

104 Hanover St Pemberton, NJ 08068

Estimated Value: $693,000 - $698,576

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold July 31, 2015

Last sale price $380,000

Est. 83% increase in value since last sale

Current estimated payment $4,621/month

32 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 2-minute walk to Mill Creek Park
  • No HOA
  • Heating System Uses Gas

About This Home

As of July 2015

Great income for investors: over 18 percent cap rate. Total of 12 units located in downtown Pemberton Boro. The units that are not yet listed are #10 (2 bedroom $800 per month) #11 (1 bedroom $700 per month) and #12 (1 bedroom $725 per month). Owner may consider financing. State inspections are completed. Units are separately metered. 12 parking spaces. 24-48 hour notice to show.

Last Agent to Sell the Property

Philip Nochumson

Century 21 Alliance-Pemberton Listed on: 06/05/2015

Last Buyer's Agent

Herminio Ruiz-Guerrero

Century 21 Alliance-Pemberton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,510

Lot Details

  • 0.27

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Partial Basement
  • 0.27 Acre Lot

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 28-00501-00001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,100
  • Insurance Expense $8,805
  • Maintenance Expense $7,500
  • Operating Expense $32,115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,510

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Great income for investors: over 18 percent cap rate. Total of 12 units located in downtown Pemberton Boro. The units that are not yet listed are #10 (2 bedroom $800 per month) #11 (1 bedroom $700 per month) and #12 (1 bedroom $725 per month). Owner may consider financing. State inspections are completed. Units are separately metered. 12 parking spaces. 24-48 hour notice to show.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Street Number Modifier: 104

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 1100.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 7200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PEMBERTON TOWNSHIP SCHOOLS
  • School District Key: 300200396954

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 11970
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: COMM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 105660.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9

Tax Info

  • Assessor Parcel Number: 1716658
  • Tax Annual Amount: 7510.00
  • Assessor Parcel Number: 28-00501-00001
  • Tax Lot: 00001
  • Tax Year: 2014
  • Close Date: 07/31/2015

MLS Schools

  • School District Name: PEMBERTON TOWNSHIP SCHOOLS

Range of Values:

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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
98 Hanover Llc $380,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 98 Hanover Llc $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $380,000 -3.8% --
07/07/2015 07/07/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $394,900 -- --
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 $9,338 $360,000 $40,000 $320,000
2023 $9,338 $360,000 $40,000 $320,000
2022 $9,148 $360,000 $40,000 $320,000
2021 $8,597 $360,000 $40,000 $320,000
2020 $8,003 $360,000 $40,000 $320,000
2019 $7,506 $360,000 $40,000 $320,000
2018 $6,739 $360,000 $40,000 $320,000
2017 $6,595 $360,000 $40,000 $320,000
2016 $6,491 $360,000 $40,000 $320,000
2015 $7,955 $273,000 $22,700 $250,300
2014 $7,510 $273,000 $22,700 $250,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002621822

Bright MLS

APN: 28-00501-0000-00001