NOT LISTED FOR SALE

106 Congress Ave Oaklyn, NJ 08107

Estimated Value: $402,000 - $644,000

-- Bed
-- Bath
1,430 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $400,000 $280 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,044/month

11 Days on Market

About This Home

As of December 2024

Charming Duplex with Conversion Potential in Prime Location – Perfect for Investors or Families!

Welcome to 106 Congress Avenue, a unique duplex that offers incredible versatility! Whether you're an investor looking for a rental property or a homeowner seeking to create your dream single-family home, this property has you covered.

This property features two well-maintained units - 1st floor unit rented through end of November, 2024 for $1995 per mo. Tenants plan to move out. 2nd floor unit rented through to March 31, 2025 - rent $1195, ensuring immediate rental income for the new owner. There is also a generous sized yard with a stand-alone garage for extra storage.

Property Features:

Unit 1: First level, 2 Bedroom/1 bath, Spacious Living Area, Updated Kitchen and bath, Luxury Vinyl Tile flooring, sunroom- perfect for home office, washer/dryer in basement, separate driveway- room for 2 cars.

Unit 2: Upper level, 1 bedroom/1 bath, Cozy Living Space, separate driveway with room for one car.

Located in a desirable neighborhood, this duplex is close to schools, parks, shopping, and public transportation, making it an attractive option for tenants. The property has been well cared for, with recent updates to the interior, ensuring low maintenance for years to come.

Whether you’re a seasoned investor or looking to start your real estate portfolio, 106 Congress Avenue is a solid investment with strong rental income potential. Don’t miss out on this rare opportunity!

Solar Panels installed 2021 (lease to own) help maintain lower electricity costs - a benefit for the tenants! Cost is $105 per month. Solar is for first level unit only, does not apply for upstairs unit. Landlord pays for oil and water. Tenant pays electric and gas.

Both units are tenant occupied. Please contact listing agent for appointments. I will do my best to get confirmations as quickly as possible from the tenants but please allow for ample notice.

Hurry- this one won't last!

Last Agent to Sell the Property

Donna Obrien

(609) 306-3162 donna@jerseyliving.com KW Empower License #RS354452 Listed on: 10/03/2024

KW Empower

Last Buyer's Agent

Vincent Capriotti

(609) 923-1065 Properties@TheCapriottiGroup.com Prime Realty Partners License #1753769

Prime Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 1924

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50.00 x 115.00

Home Design

  • 1,430 Sq Ft Home
  • Duplex
  • Aluminum Siding

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 26-00039-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,962

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Exclusions: All tenants personal belongings
  • New Construction: No
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 1430
  • Living Area Sq Ft: 1430
  • Price Per Sq Ft: 279.02
  • Above Grade Finished Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5750.00
  • Zoning: R

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 6962.00
  • Assessor Parcel Number: 26-00039-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: COLLINGSWOOD PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 6, 2024
Sold by
Pinkerton William D
Bought by
Weidler Steven
Seller's Agent
Donna Obrien
KW Empower
Buyer's Agent
Vincent Capriotti
Prime Realty Partners
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
30
Current Estimated Value
$465,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,611
Avg. Annual Appreciation
17.14%
Original Mortgage
$380,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 27, 2018
Sold by
Walker Alan and Walker Bonnie
Bought by
Pinkerton William D
Seller's Agent
Cindy Stanzilis
Coldwell Banker Realty
Buyer's Agent
Kelly Sommeling
Prime Realty Partners
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$135,920
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 16, 2012
Sold by
Maiden Richard J
Bought by
Walker Alan and Walker Bonnie
Seller's Agent
Joseph Angelo
Keller Williams Realty - Moorestown
Buyer's Agent
Cindy Stanzilis
Coldwell Banker Realty
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$93,750
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weidler Steven $400,000 First American Title
Weidler Steven $400,000 First American Title
Pinkerton William D $169,900 Fidelity Natl Title Group
Walker Alan $125,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weidler Steven $380,000
Previous Owner Pinkerton William D $135,920
Previous Owner Walker Alan $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $400,000 +0.3% $280 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $399,000 0.0% $279 / Sq Ft
07/01/2018 07/01/18 Rented $1,020 -2.9% --
06/19/2018 06/19/18 Under Contract -- -- --
05/12/2018 05/12/18 For Rent $1,050 0.0% --
04/30/2018 04/30/18 Sold $175,000 -2.7% $122 / Sq Ft View Prior Sale
03/16/2018 03/16/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $179,900 +43.9% $126 / Sq Ft
11/16/2012 11/16/12 Sold $125,000 -10.7% $90 / Sq Ft View Prior Sale
10/11/2012 10/11/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $139,900 -- $101 / 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 $7,219 $136,600 $49,200 $87,400
2024 $6,963 $136,600 $49,200 $87,400
2023 $6,963 $136,600 $49,200 $87,400
2022 $6,613 $136,600 $49,200 $87,400
2021 $6,475 $136,600 $49,200 $87,400
2020 $6,381 $136,600 $49,200 $87,400
2019 $617 $136,600 $49,200 $87,400
2018 $6,077 $136,600 $49,200 $87,400
2017 $5,952 $136,600 $49,200 $87,400
2016 $5,883 $136,600 $49,200 $87,400
2015 $5,774 $136,600 $49,200 $87,400
2014 $5,558 $136,600 $49,200 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2077070

Bright MLS

APN: 26-00039-0000-00002