$610,000
SOLD OCT 18, 2024

110 W Main St Tuckerton, NJ 08087

2 Beds
1 Bath
5,172 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

2% Below List Price

15 Days on Market

About This Home

As of October 2024

Prime Investment OpportunityMulti-Family/Commercial Income PropertyDiscover a lucrative investment opportunity with this exceptional income property featuring two distinct buildings, all situated on a spacious lot on Main Street in Downtown Tuckerton.Main Building:- Office Space: The Main floor retail space is occupied by a long term AAA National tenant with outstanding lease terms. The space recently underwent a major renovation by the tenant and boasts a lave view, abundant natural light and a welcoming environment.Three-Bedroom Apartment: Beautifully maintained three-bedroom apartment featuring a kitchen, living area, and convenient access to outdoor space.- Nestled on the property is a two-bedroom cottage, recently renovated & currently rented.

Last Agent to Sell the Property

Rose Finley

Anchor Homes Real Estate License #1867468 Listed on: 08/14/2024

Last Buyer's Agent

Steven J Kozusko

C21 Thomson & Co. License #9803278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,525

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73 x 120

Home Design

  • Slab Foundation

Interior Spaces

  • 5,172 Sq Ft Home
  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pinelands Middle School
  • Pinelands Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 33-00026-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,525

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 73 x 120
  • Location Middle School: Pinelands
  • Cooling Central Air: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.2
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Pinelands

Lot Info

  • Lot Dimensions: 73 x 120
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 33-00026-0000-00005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8525.0
  • Tax Other Annual Assessment Amount: 302100.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 15, 2024
Sold by
Davlouros Andrew A
Bought by
Tide Summit Properties Llc
Seller's Agent
Rose Finley
Anchor Homes Real Estate
Buyer's Agent
Steven J Kozusko
C21 Thomson & Co.
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Total Days on Market
15
Views
11
Current Estimated Value
$628,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,367
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Jan 12, 1994
Sold by
Nationscredit Fin Ser
Bought by
Davlouros Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.22%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $610,000 Old Republic National Title In
Deed $98,420 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $610,000 -2.4% $118 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $625,000 -- $121 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,525 $302,100 $90,200 $211,900
2023 $7,981 $302,100 $90,200 $211,900
2022 $7,981 $302,100 $90,200 $211,900
2021 $7,840 $302,100 $90,200 $211,900
2020 $7,915 $302,100 $90,200 $211,900
2019 $7,900 $302,100 $90,200 $211,900
2018 $5,416 $212,300 $63,100 $149,200
2017 $5,163 $212,300 $63,100 $149,200
2016 $4,894 $212,300 $63,100 $149,200
2015 $4,834 $212,300 $63,100 $149,200
2014 $4,804 $212,300 $63,100 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22423502

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 33-00026-0000-00005