NOT LISTED FOR SALE

Estimated Value: $103,000 - $137,000

4 Beds
1 Bath
1,224 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $37,500 $31 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $861 / mo

84 Days on Market

Highlights

  • Colonial Architecture
  • Window Unit Cooling System
  • Forced Air Heating System
  • No HOA
  • More Than Two Accessible Exits
  • Ceiling Fan

About This Home

As of January 2021

3 bedroom, 2 full bathroom twin style home that offers savvy investors a tremendous opportunity to own a cash flowing rental property in Salem, NJ. New roof was installed in 2011. Mud Room has shower stall, sink and toilet facilities installed. This property is just minutes from downtown dining, enternationment, etc and with easy highway access to I-295, NJ Turnpike and Delaware Memorial Bridge. Current lease is $800/mo ($9600 annual), expires June 1, 2021

Last Agent to Sell the Property

Brandon Hedenberg

(856) 556-0011 brandon@hedrec.com Hedenberg Real Estate Company LLC License #AB069194 Listed on: 10/19/2020

Last Buyer's Agent

Ryan Sykes

(856) 322-0200 raygaber@comcast.net RealtyMark Properties License #RS372513

RealtyMark Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1905

Lot Details

  • 3,080 Sq Ft Lot
  • Lot Dimensions are 20.00 x 154.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 13-00025-00011

Townhouse Details

Home Type

Townhome

Year Built

Built in 1905

Lot Details

3,080 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-19
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 31.78
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 20.00 x 154.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3080.00
  • Zoning: RES

Rental Info

  • Total Actual Rent: 9600.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2191.00
  • Assessor Parcel Number: 13-00025-00011
  • Tax Lot: 00011
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by
Current Estimated Value
$117,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,440
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 27, 2021
Sold by
Bought by
Seller's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
Buyer's Agent
Ryan Sykes
RealtyMark Properties
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 17, 2016
Sold by
Bought by
Seller's Agent
Nikki Donelson
Warner Real Estate & Auction Company
Buyer's Agent
Nikki Donelson
Warner Real Estate & Auction Company
List Price
$13,500
Sold Price
$12,150
Premium/Discount to List
-$1,350
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.63%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$66,800 Dominion Title
$37,500 Foundation Title
$12,150 Salem Oak Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $53,776
Closed $53,440
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $37,500 0.0% $31 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/13/2020 12/13/20 Off Market $37,500 -- --
11/28/2020 11/28/20 Price Changed $38,900 -2.5% $32 / Sq Ft
10/19/2020 10/19/20 For Sale $39,900 +228.4% $33 / Sq Ft
06/17/2016 06/17/16 Sold $12,150 -10.0% $10 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $13,500 -- $11 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,675 $31,000 $7,300 $23,700
2025 $2,675 $31,000 $7,300 $23,700
2024 $2,437 $31,000 $7,300 $23,700
2023 $2,437 $31,000 $7,300 $23,700
2022 $2,330 $31,000 $7,300 $23,700
2021 $2,250 $31,000 $7,300 $23,700
2020 $2,205 $31,000 $7,300 $23,700
2019 $2,191 $31,000 $7,300 $23,700
2018 $2,143 $31,000 $7,300 $23,700
2017 $2,117 $31,000 $7,300 $23,700
2016 $2,424 $61,900 $14,000 $47,900
2015 $2,393 $61,900 $14,000 $47,900
2014 $2,381 $61,900 $14,000 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA139750

Bright MLS

APN: 13-00025-0000-00011

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