$185,000
SOLD AUG 31, 2022

116 118 W Monroe St Paulsboro, NJ 08066

-- Bed
-- Bath
2,280 Sq Ft
4,848 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

5% Below List Price

116 Days on Market

About This Home

As of October 2023

Investor Alert
Multifamily Property
The current rent for unit 116 is $1,068. Their lease ended on 12/31/17 and has been month to month. This could be increased. Please see the fair market rent below.
The lease for Unit 118 ends on 3/31/23, current rent is $1400

Bathroom and Kitchens updated approximately 4 years ago.
New Roof including plywood in 2020
Both units have separate utilities
Tenant is responsible for oil (heat), gas (stove), electric
Landlord covers base water, sewer, trash ($1,364 annually)

Last Agent to Sell the Property

Heather Viruet

BHHS Fox & Roach-Moorestown License #1648603 Listed on: 04/08/2022

BHHS Fox & Roach-Moorestown

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1930

Lot Details

  • 4,848 Sq Ft Lot
  • Lot Dimensions are 50.00 x 97.00

Parking

  • On-Street Parking

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Frame Construction

Utilities

  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 14-00062-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,261

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-04-10
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert Multifamily Property The current rent for unit 116 is $1,068. Their lease ended on 12/31/17 and has been month to month. This could be increased. Please see the fair market rent below. The lease for Unit 118 ends on 3/31/23, current rent is $1400 Bathroom and Kitchens updated approximately 4 years ago. New Roof including plywood in 2020 Both units have separate utilities Tenant is responsible for oil (heat), gas (stove), electric Landlord covers base water, sewer, trash ($1,364 annually)
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 85.53
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • School District Key: 300200397138
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87900.00
  • Land Assessed Value: 12800.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4848.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL DUPLEX

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2022239
  • Tax Annual Amount: 4261.00
  • Assessor Parcel Number: 14-00062-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/31/2022

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Similar Home in Paulsboro, NJ

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $245,000 +2.1% $107 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $240,000 +29.7% $105 / Sq Ft
08/31/2022 08/31/22 Sold $185,000 -5.1% $81 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $195,000 0.0% $86 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $195,000 -2.5% $86 / Sq Ft
04/08/2022 04/08/22 For Sale $200,000 -- $88 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2014132

Bright MLS