NOT LISTED FOR SALE

1086 Kings Hwy Pilesgrove, NJ 08098

Estimated Value: $243,481 - $306,000

-- Bed
1 Bath
2,688 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $199,000 $74 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,133/month

94 Days on Market

Highlights

  • Colonial Architecture
  • Carpet
  • Hot Water Baseboard Heater
  • 1 Car Detached Garage

About This Home

As of February 2022

ATTENTION INVESTORS. Look no further for this rare cash flowing QUADPLEX located in the heart of Pilesgrove! Fully occupied units with current certificates of ocupancy. As well as 5 year DCA, issued 4/2021. Do not let this one get away. Unit 1-$725 Rent ( Lease) Unit 2- $750 Rent (Lease) Unit 3- $850 Rent (Month to Month) Unit 4- $850 Rent (Month to Month) Property being sold AS-IS, Resale CO will be buyers responsibility and inspections shall be done for informational purposes only. 24hr notice for showings.

Unit 1-$725 Rent ( Lease)
Unit 2- $750 Rent (Lease)
Unit 3- $850 Rent (Month to Month)
Unit 4- $850 Rent (Month to Month)

Last Agent to Sell the Property

Brian Petronchak

Realty Solutions LLC Listed on: 10/11/2021

Last Buyer's Agent

Brooke Cocozza

BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in average condition

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 2,688 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Kitchen

  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Schools

  • Mary S Shoemaker Elementary School
  • Woodstown Middle School
  • Woodstown High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Cable TV Available

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 10-00051-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,492

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any/all Tenant personal belongings (ask for list when going to contract)
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-10-15
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: ATTENTION INVESTORS. Look no further for this rare cash flowing QUADPLEX located in the heart of Pilesgrove! Fully occupied units with current certificates of ocupancy. As well as 5 year DCA, issued 4/2021. Do not let this one get away. Unit 1-$725 Rent ( Lease) Unit 2- $750 Rent (Lease) Unit 3- $850 Rent (Month to Month) Unit 4- $850 Rent (Month to Month) Property being sold AS-IS, Resale CO will be buyers responsibility and inspections shall be done for informational purposes only. 24hr notice for showings. Unit 1-$725 Rent ( Lease) Unit 2- $750 Rent (Lease) Unit 3- $850 Rent (Month to Month) Unit 4- $850 Rent (Month to Month)
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 74.40
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1086

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WOODSTOWN-PILESGROVE REGI SCHOOLS
  • Elementary School: MARY S SHOEMAKER SCHOOL
  • Middle School: WOODSTOWN M.S.
  • High School: WOODSTOWN H.S.
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396393
  • School District Source: Listing Agent
  • Elementary School: MARY S SHOEMAKER SCHOOL
  • High School: WOODSTOWN H.S.
  • Middle Or Junior School: WOODSTOWN M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146600.00
  • Land Assessed Value: 53200.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 38400.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2208671
  • School Tax Pymnt Freq: Quarterly
  • Tax Annual Amount: 6492.00
  • Assessor Parcel Number: 10-00051-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Quarterly
  • Tax Year: 2020
  • Close Date: 02/16/2022

MLS Schools

  • School District Name: WOODSTOWN-PILESGROVE REGI SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Feb 16, 2022
Sold by
Penn Jersey Real Estate Corporation
Bought by
Coco & Skin Real Estate Llc
Seller's Agent
Brian Petronchak
Realty Solutions LLC
Buyer's Agent
Brooke Cocozza
BHHS Fox & Roach-Mullica Hill South
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Current Estimated Value
$278,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,160
Avg. Annual Appreciation
10.58%
Original Mortgage
$149,250
Outstanding Balance
$140,713
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$143,089

Purchase Details

Closed on
Sep 8, 2011
Sold by
Decou Wendy
Bought by
Penn Jersey Real Estate Corp

Purchase Details

Closed on
Nov 23, 2005
Sold by
Shull John L and Shull Gladys W
Bought by
Decou Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,259
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Coco & Skin Real Estate Llc $199,000 West Jersey Title
Penn Jersey Real Estate Corp -- --
Decou Wendy S $207,000 West Jersey Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coco & Skin Real Estate Llc $149,250
Previous Owner Penn Jersey Real Estate Corp $146,048
Previous Owner Decou Wendy $160,000
Previous Owner Decou Wendy S $1,259
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $199,000 -0.5% $74 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/17/2021 12/17/21 Price Changed $199,999 -7.0% $74 / Sq Ft
11/23/2021 11/23/21 For Sale $215,000 +8.0% $80 / Sq Ft
11/11/2021 11/11/21 Off Market $199,000 -- --
10/11/2021 10/11/21 For Sale $215,000 -- $80 / 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 $7,411 $199,800 $53,200 $146,600
2023 $7,411 $199,800 $53,200 $146,600
2022 $6,981 $199,800 $53,200 $146,600
2021 $6,723 $199,800 $53,200 $146,600
2020 $6,492 $199,800 $53,200 $146,600
2019 $6,302 $199,800 $53,200 $146,600
2018 $6,050 $199,800 $53,200 $146,600
2017 $5,852 $199,800 $53,200 $146,600
2016 $5,614 $199,800 $53,200 $146,600
2015 $5,195 $199,800 $53,200 $146,600
2014 $5,003 $199,800 $53,200 $146,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2000057

Bright MLS

APN: 10-00051-0000-00008