NOT LISTED FOR SALE

1141 Madison Ave Bellmawr, NJ 08031

Estimated Value: $292,498 - $359,000

-- Bed
-- Bath
1,537 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $200,000 $130 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,292/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Property is in very good condition
  • 4-minute walk to Florence Korostynski Memorial Dog Park
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of May 2021

Great Location for this Duplex that is ready to go. Good tenants with a positive cash flow.

Last Agent to Sell the Property

Thomas Heverly

Thomas J Heverly Realty Listed on: 03/16/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 1941

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,537 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Bellmawr Park Elementary School
  • Bell Oaks Middle School
  • Triton High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 04-00004-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,473

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great Location for this Duplex that is ready to go. Good tenants with a positive cash flow.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1537
  • Living Area Sq Ft: 1537
  • Price Per Sq Ft: 130.12
  • Above Grade Finished Sq Ft: 1537
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1141

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • Elementary School: BELLMAWR PARK E.S.
  • Middle School: BELL OAKS M.S.
  • High School: TRITON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396979
  • School District Source: Listing Agent
  • Elementary School: BELLMAWR PARK E.S.
  • High School: TRITON
  • Middle Or Junior School: BELL OAKS M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118200.00
  • Land Assessed Value: 50200.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5250.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1773474
  • Tax Annual Amount: 6473.00
  • Assessor Parcel Number: 04-00004-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1537
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 25, 2021
Sold by
Bowers Donald J
Bought by
Arj Associates Llc
Seller's Agent
Thomas Heverly
Thomas J Heverly Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%
Current Estimated Value
$325,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,625
Avg. Annual Appreciation
12.09%
Original Mortgage
$160,000
Outstanding Balance
$145,490
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,135

Purchase Details

Closed on
Jan 25, 2018
Sold by
Fritzsche Scott C
Bought by
Bowers Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Arj Associates Llc $200,000 R W Schrader Title Agcy Llc
Bowers Donald J $115,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arj Associates Llc $160,000
Previous Owner Bowers Donald J $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $200,000 0.0% $130 / Sq Ft
04/29/2021 04/29/21 Price Changed $200,000 +2.6% $130 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $195,000 +5.4% $127 / Sq Ft
03/16/2021 03/16/21 For Sale $185,000 +60.9% $120 / Sq Ft
01/25/2019 01/25/19 Sold $115,000 -14.8% --
12/22/2018 12/22/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $135,000 0.0% --
05/15/2016 05/15/16 Rented $1,100 0.0% --
05/04/2016 05/04/16 Under Contract -- -- --
04/11/2016 04/11/16 For Rent $1,100 +41.9% --
07/01/2015 07/01/15 Rented $775 0.0% --
07/01/2015 07/01/15 Under Contract -- -- --
02/20/2015 02/20/15 For Rent $775 -- --
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 $6,369 $168,400 $50,200 $118,200
2024 $6,359 $168,400 $50,200 $118,200
2023 $6,359 $168,400 $50,200 $118,200
2022 $6,440 $168,400 $50,200 $118,200
2021 $6,566 $168,400 $50,200 $118,200
2020 $6,473 $168,400 $50,200 $118,200
2019 $6,408 $168,400 $50,200 $118,200
2018 $6,307 $168,400 $50,200 $118,200
2017 $6,232 $168,400 $50,200 $118,200
2016 $6,111 $168,400 $50,200 $118,200
2015 $5,993 $168,400 $50,200 $118,200
2014 $5,818 $168,400 $50,200 $118,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Heverly

    Thomas J Heverly Realty

    (856) 931-0088

    24 in this area

    60 Total Sales

    Thomas Heverly
    Section Image
  • Tammylee Kennedy

    Buyer's Agent in 2015

    Tammylee Kennedy

    KingsGate Realty LLC

    (856) 261-9649

    12 in this area

    187 Total Sales

    Tammylee Kennedy
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCD415244

Bright MLS

APN: 04-00004-0000-00015

New Jersey Camden County Bellmawr 08031

1141 Madison Ave, Bellmawr, NJ

This home is located at 1141 Madison Ave, Bellmawr, NJ 08031 since 16 March 2021 and is currently estimated at $325,625, approximately $211 per square foot. This property was built in 1941. 1141 Madison Ave is a home located in Camden County with nearby schools including Triton High School.

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