NOT LISTED FOR SALE

Estimated Value: $247,180 - $324,000

Studio
-- Bath
1,584 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2021

Last sale price $152,000 $96 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,079 / mo

52 Days on Market

About This Home

As of November 2021

DUPLEX! VALUE ADD ! INVESTMENT PROPERTY! PRICED TO SELL! Welcome to 105 Front Street in historic Elmer, NJ! Situated just off a popular travel route between Southern New Jersey and Delaware, this property will never be vacant. Long term tenants currently occupy both units. Unit # 1 is downstairs and features two bedrooms, one bath, living room, kitchen, and rear deck ($950.00) . Unit # 2 is a second floor floor unit consisting of one bedroom , living room, and kitchen ($750.00). Both units have washer and dryer hookups and central air. Each unit has separate gas and electric meters. City water ! New on site private septic installed in 2017! Begin your real estate investment journey or add to your existing portfolio.

Last Agent to Sell the Property

Justin Selby

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC License #1867481 Listed on: 08/29/2021

Collini Real Estate LLC

Last Buyer's Agent

Kelly Dania Gullo

(856) 455-8820 michelekelly3@hotmail.com S. Kelly Real Estate LLC

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,085

Year Built

  • Built in 1901

Lot Details

  • 11,549 Sq Ft Lot
  • Property is in good condition

Home Design

  • 1,584 Sq Ft Home
  • Duplex
  • Asphalt Roof
  • Aluminum Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Schools

  • Arthur P Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 03-00011-00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,085

Year Built

Built in 1901

Lot Details

0.27 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Washer and dryers Dishwasher - Unit 2 Tenants Personal Property
  • Home Warranty: No
  • Inclusions: Stoves, Refrigerator, Shed
  • New Construction: No
  • Expected On Market: 2021-09-11
  • Year Built: 1901
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 94.63
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Schools

  • School District Source: Listing Agent
  • High School: ARTHUR P SCHALICK

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11549.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 20400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2193719
  • Tax Annual Amount: 5085.00
  • Assessor Parcel Number: 03-00011-00031
  • Tax Year: 2018

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Justin Selby
Collini Real Estate LLC
Buyer's Agent
Kelly Dania Gullo
S. Kelly Real Estate LLC
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%
Current Estimated Value
$290,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,545
Avg. Annual Appreciation
14.61%
Original Mortgage
$129,200
Outstanding Balance
$116,242
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$174,303

Purchase Details

Listed on
May 2, 2019
Closed on
Sep 20, 2019
Sold by
Bought by
Seller's Agent
Andrew Baus
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Andrew Baus
BHHS Fox & Roach-Washington-Gloucester
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Original Mortgage
$82,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,227
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
6.74%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Elmer, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$152,000 Beacon Title Svcs Agcy Inc
$110,000 --
-- --
$120,000 --
$94,000 --
$91,000 Surety Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $129,200
Previous Owner $82,500
Previous Owner $90,000
Previous Owner $93,227
Previous Owner $72,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $152,000 +1.4% $96 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $149,900 0.0% $95 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $149,900 +36.3% $95 / Sq Ft
09/20/2019 09/20/19 Sold $110,000 -8.3% $79 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $119,900 -0.1% $86 / Sq Ft
07/11/2019 07/11/19 For Sale $120,000 0.0% $86 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $120,000 0.0% $86 / Sq Ft
05/02/2019 05/02/19 For Sale $120,000 -- $86 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,825 $142,000 $28,500 $113,500
2025 $5,825 $142,000 $28,500 $113,500
2024 $5,606 $142,000 $28,500 $113,500
2023 $5,606 $142,000 $28,500 $113,500
2022 $5,471 $142,000 $28,500 $113,500
2021 $5,331 $142,000 $28,500 $113,500
2020 $5,363 $142,000 $28,500 $113,500
2019 $5,160 $142,000 $28,500 $113,500
2018 $5,085 $142,000 $28,500 $113,500
2017 $4,435 $142,000 $28,500 $113,500
2016 $4,244 $142,000 $28,500 $113,500
2015 $3,972 $142,000 $28,500 $113,500
2014 -- $142,000 $28,500 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000884

Bright MLS

APN: 03-00011-0000-00031

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