NOT LISTED FOR SALE

11 Railroad Ave Runnemede, NJ 08078

Estimated Value: $384,806 - $419,000

-- Bed
-- Bath
2,112 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $260,000 $123 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,876/month

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Dual Staircase
  • Traditional Floor Plan
  • No HOA

About This Home

As of April 2021

Have you been looking for a move in ready duplex that is vacant? This top bottom duplex has 2 units with 3 bedrooms and 1 bath each. This is a perfect duplex to live in one and rent the other or if you just want an income property with positive cash flow. Both units have been freshly painted with forced air and central air. The utilities are separated making the management easy. The roof is new and was replaced in 2020. The attic has blown in insulation with a high r rating. The basement is very clean with storage units for each unit. The basement has two entrances from the exterior and has 2 sets of washer and dryers. The HVAC systems are newer and so are the water heaters. The house is located on a dead end street and right across the street is the Gloucester Township Health and Fitness Trail (aka Blackwood Railroad Trail). It is close to the Black Horse Pike, NJ Turnpike, minutes from the Gloucester Premium Outlets, and many other conveniences. Most items in this duplex are newer within the last 6 years with good quality items making it hassle free. Come see it today.

Last Agent to Sell the Property

Luis Ortiz

(856) 357-0073 luis.ortiz@foxroach.com Keller Williams Realty - Moorestown License #1756044 Listed on: 03/21/2021

Keller Williams Realty - Moorestown

Last Buyer's Agent

Elvin Rodriguez

(609) 751-5800 elvinr@gmail.com Tesla Realty Group LLC License #0784098

Tesla Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,006

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 41.00 x 125.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Dwelling with Rental
  • Block Foundation
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 2,112 Sq Ft Home
  • Traditional Floor Plan
  • Dual Staircase
  • Ceiling Fan
  • Combination Dining and Living Room
  • Second Kitchen

Flooring

  • Wood
  • Ceramic Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Shelving

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating Available
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 30-00057-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,006

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial, Dwelling With Rental
  • Ownership: Fee Simple
  • Inclusions: Refrigerators, Ranges, Dishwashers, Washers and Dryers
  • New Construction: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Have you been looking for a move in ready duplex that is vacant? This top bottom duplex has 2 units with 3 bedrooms and 1 bath each. This is a perfect duplex to live in one and rent the other or if you just want an income property with positive cash flow. Both units have been freshly painted with forced air and central air. The utilities are separated making the management easy. The roof is new and was replaced in 2020. The attic has blown in insulation with a high r rating. The basement is very clean with storage units for each unit. The basement has two entrances from the exterior and has 2 sets of washer and dryers. The HVAC systems are newer and so are the water heaters. The house is located on a dead end street and right across the street is the Gloucester Township Health and Fitness Trail (aka Blackwood Railroad Trail). It is close to the Black Horse Pike, NJ Turnpike, minutes from the Gloucester Premium Outlets, and many other conveniences. Most items in this duplex are newer within the last 6 years with good quality items making it hassle free. Come see it today.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Walk-In Closet(s), Wood Floors
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Interior Access, Unfinished, Walkout Stairs, Shelving
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Price Per Sq Ft: 118.37
  • Above Grade Finished Sq Ft: 2112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • School District Key: 300200396979
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 151100.00
  • Land Assessed Value: 44700.00
  • Lot Dimensions: 41.00 x 125.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: Duplex

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1920287
  • Tax Annual Amount: 8006.00
  • Assessor Parcel Number: 30-00057-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/23/2021

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Apr 21, 2021
Sold by
Coelho Erich
Bought by
Matos Edwin Alberto
Seller's Agent
Luis Ortiz
Keller Williams Realty - Moorestown
Buyer's Agent
Elvin Rodriguez
Tesla Realty Group LLC
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$402,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,202
Avg. Annual Appreciation
10.25%
Original Mortgage
$195,000
Outstanding Balance
$176,343
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$225,859

Purchase Details

Closed on
Feb 17, 2016
Sold by
Udren Law Offices P C and Fannie Mae
Bought by
Coelho Erich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.65%

Purchase Details

Closed on
May 27, 2014
Sold by
Croak Walter L and Croak Walter L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2000
Sold by
Bell Theresa
Bought by
Croak Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Daleus Kenneth E
Bought by
Bell Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Matos Edwin Alberto $260,000 Hunter Title Agency Inc
Matos Edwin Alberto $260,000 Hunter Title
Coelho Erich $60,000 --
Federal National Mortgage Association -- None Available
Croak Walter L $128,000 --
Bell Theresa $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Edwin Alberto $195,000
Closed Matos Edwin Alberto $195,000
Previous Owner Coelho Erich --
Previous Owner Croak Walter L $58,000
Previous Owner Bell Theresa $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $260,000 +4.0% $123 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $250,000 +316.7% $118 / Sq Ft
11/20/2015 11/20/15 Sold $60,000 -- -- View Prior Sale
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 $8,823 $195,800 $44,700 $151,100
2024 $8,555 $195,800 $44,700 $151,100
2023 $8,555 $195,800 $44,700 $151,100
2022 $8,282 $195,800 $44,700 $151,100
2021 $8,087 $195,800 $44,700 $151,100
2020 $8,006 $195,800 $44,700 $151,100
2019 $7,859 $195,800 $44,700 $151,100
2018 $7,709 $195,800 $44,700 $151,100
2017 $7,511 $195,800 $44,700 $151,100
2016 $7,417 $195,800 $44,700 $151,100
2015 $7,438 $195,800 $44,700 $151,100
2014 $7,343 $195,800 $44,700 $151,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD415344

Bright MLS

APN: 30-00057-0000-00001