NOT LISTED FOR SALE

1108 Penn Line Rd Paulsboro, NJ 08066

Estimated Value: $175,000 - $291,000

-- Bed
-- Bath
28 Sq Ft
$8,057/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $30,000 $1,071 Per Sq Ft

Est. 652% increase in value since last sale

Current estimated payment $1,545/month

Highlights

  • 0.33 Acre Lot
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA

About This Home

As of January 2019

Great investment opportunity. Currently used as a sober living house and can continue that way if buyer wants register with Paulsboro or can just use as live-in one unit and use the other as rental property. This 2 story Duplex in walking distance to bus route and stores, sits or a large corner lot. Updates have been done over the last 6 months. Easy to show. Security system all appliances stay. Seller will assist with allowable closing cost.

Last Agent to Sell the Property

ESTELLE GRIZZAFFI

(856) 419-5976 egrizzaffi@yahoo.com Avalar - Atlantic Properties Listed on: 11/30/2018

Last Buyer's Agent

William Marmo

(856) 404-4419 wmarmo@penzonerealty.com Penzone Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 95x150

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-00076-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Operating Expense $3,710

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All Appliances And Fixtures
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: Great investment opportunity. Currently used as a sober living house and can continue that way if buyer wants register with Paulsboro or can just use as live-in one unit and use the other as rental property. This 2 story Duplex in walking distance to bus route and stores, sits or a large corner lot. Updates have been done over the last 6 months. Easy to show. Security system all appliances stay. Seller will assist with allowable closing cost.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Common
  • Total Sq Ft: 28
  • Living Area Sq Ft: 28
  • Price Per Sq Ft: 3214.29
  • Above Grade Finished Sq Ft: 14
  • Below Grade Finished Sq Ft: 14
  • Total Below Grade Sq Ft: 14
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1108

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • School District Key: 300200397138

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 78600.00
  • Land Assessed Value: 18000.00
  • Lot Size Acres: 0.33
  • Lot Dimensions: 95X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14250.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 10

Tax Info

  • Assessor Parcel Number: 2022436
  • Tax Annual Amount: 3710.00
  • Assessor Parcel Number: 14-00076-00001
  • Tax Lot: 00001
  • Tax Year: 2018
  • Close Date: 01/25/2019

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Helms Alex
Bought by
Rediscovery Enterprises Llc
Current Estimated Value
$225,586

Purchase Details

Listed on
Jul 26, 2017
Closed on
Mar 22, 2018
Sold by
Wells Fargo Bank Na
Bought by
Helms Alexander M
Seller's Agent
Tricia Morgan
Real Broker, LLC
Buyer's Agent
ESTELLE GRIZZAFFI
Avalar - Atlantic Properties
List Price
$29,900
Sold Price
$30,100
Premium/Discount to List
$200
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.70%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Rediscovery Enterprises Llc
Bought by
Marmo Properties Llc

Purchase Details

Closed on
Sep 20, 2017
Sold by
Th Secretary Of Hud
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 8, 2014
Sold by
Morina Carmel M
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Oct 10, 2008
Sold by
Conover Christopher C
Bought by
Tarantino Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,586
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2007
Sold by
Conover Christopher C
Bought by
Conover Christopher C

Purchase Details

Closed on
May 8, 2006
Sold by
Lukacs Christopher K
Bought by
Conover Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,200
Interest Rate
6.42%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Hud
Bought by
Lukacs Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Musumeci Salvatore P and State Of New Jersey
Bought by
Hud

Purchase Details

Closed on
May 12, 1995
Sold by
Lasoski Janet L and Lasoski Bernard A
Bought by
Musumeci Salvatore P
Source: Public Records

Range of Values:

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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
Rediscovery Enterprises Llc -- None Available
Helms Alexander M $30,100 Simplifile
Marmo Properties Llc $30,000 West Jersey Title Agency
Wells Fargo Bank Na -- Servicelink
The Secretary Of Housing And Urban Devel -- None Available
Tarantino Mario $500 Foundation Title Llc
Tarantino Mario $149,900 Foundation Title Llc
Conover Christopher C -- None Available
Conover Christopher C $144,300 --
Lukacs Christopher K $38,950 Surety Title Corporation
Hud -- --
Musumeci Salvatore P $47,500 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarantino Mario $136,586
Previous Owner Conover Christopher C $108,200
Previous Owner Lukacs Christopher K $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $30,000 -57.1% $1,071 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
12/13/2018 12/13/18 Price Changed $69,950 -7.0% $2,498 / Sq Ft
11/30/2018 11/30/18 For Sale $75,250 +150.0% $2,688 / Sq Ft
03/27/2018 03/27/18 Sold $30,100 +0.7% $14 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $29,900 0.0% $14 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $29,900 0.0% $14 / Sq Ft
11/18/2017 11/18/17 For Sale $29,900 0.0% $14 / Sq Ft
11/08/2017 11/08/17 Price Changed $29,900 -25.1% $14 / Sq Ft
10/31/2017 10/31/17 For Sale $39,900 0.0% $19 / Sq Ft
08/29/2017 08/29/17 Price Changed $39,900 -33.4% $19 / Sq Ft
07/26/2017 07/26/17 For Sale $59,900 -- $28 / 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 $4,250 $96,600 $18,000 $78,600
2024 $4,247 $96,600 $18,000 $78,600
2023 $4,247 $96,600 $18,000 $78,600
2022 $4,169 $96,600 $18,000 $78,600
2021 $4,088 $96,600 $18,000 $78,600
2020 $4,063 $96,600 $18,000 $78,600
2019 $3,935 $96,600 $18,000 $78,600
2018 $3,710 $96,600 $18,000 $78,600
2017 $3,695 $96,600 $18,000 $78,600
2016 $3,520 $96,600 $18,000 $78,600
2015 $3,500 $96,600 $18,000 $78,600
2014 $3,331 $98,900 $19,600 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL152216

Bright MLS

APN: 14-00076-0000-00001