NOT LISTED FOR SALE

116 E Broad St Burlington, NJ 08016

Estimated Value: $216,737 - $287,000

-- Bed
-- Bath
2,515 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $100,000 $40 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,792/month

15 Days on Market

Highlights

  • Second Kitchen
  • 4-minute walk to Burlington Towne Center
  • No HOA
  • Curved or Spiral Staircase
  • Colonial Architecture
  • 2-minute walk to Clarkson Playground

About This Home

As of September 2020

Savvy investor alert. Historical Burlington City Brick duplex with great commuter location, close to River Line rail. 2 units currently occupied with long term month to month tenants. Nice year yard. Being sold strictly as-is. Seller will make no repairs. Buyer responsible for C/O and any required certifications. Lots of potential. Needs updating. Home inspection for informational purposes only. CASH BUYERS only please.

Last Agent to Sell the Property

Donna DeSisto

Weichert Realtors - Moorestown License #680860 Listed on: 07/30/2020

Weichert Realtors - Moorestown

Last Buyer's Agent

Susan Pierce

Weichert Realtors - Moorestown

Weichert Realtors - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1800

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 150.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Bathtub with Shower
  • 2,515 Sq Ft Home
  • Curved or Spiral Staircase
  • Ceiling Fan
  • Carpet
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Second Kitchen

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Burlington City High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 05-00138 01-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,572

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: washer dryer-tenant belongings
  • Inclusions: 2 stoves, 2 refrigerators
  • New Construction: No
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Remarks Public: Savvy investor alert. Historical Burlington City Brick duplex with great commuter location, close to River Line rail. 2 units currently occupied with long term month to month tenants. Nice year yard. Being sold strictly as-is. Seller will make no repairs. Buyer responsible for C/O and any required certifications. Lots of potential. Needs updating. Home inspection for informational purposes only. CASH BUYERS only please.
  • Special Features: None

Interior Features

  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Curved Staircase, Tub Shower
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access, Unfinished
  • Total Sq Ft: 2515
  • Living Area Sq Ft: 2515
  • Price Per Sq Ft: 41.75
  • Above Grade Finished Sq Ft: 2515
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • High School: BURLINGTON CITY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397177
  • School District Source: Listing Agent
  • High School: BURLINGTON CITY H.S.

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 20.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Year Assessed: 2019
  • Zoning: TC-1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 4572.00
  • Assessor Parcel Number: 05-00138 01-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2515
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/11/2020

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 11, 2020
Sold by
Irwin Janice Lynn
Bought by
King William
Seller's Agent
Donna DeSisto
Weichert Realtors - Moorestown
Buyer's Agent
Susan Pierce
Weichert Realtors - Moorestown
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$247,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,495
Avg. Annual Appreciation
21.53%
Source: Public Records

Range of Values:

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Average Value
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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
King William $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irwin Robert L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $100,000 -4.8% $40 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $105,000 -- $42 / 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
2024 $5,101 $119,900 $11,500 $108,400
2023 $5,101 $119,900 $11,500 $108,400
2022 $5,044 $119,900 $11,500 $108,400
2021 $4,971 $119,900 $11,500 $108,400
2020 $4,794 $119,900 $11,500 $108,400
2019 $4,572 $119,900 $11,500 $108,400
2018 $4,494 $119,900 $11,500 $108,400
2017 $4,356 $119,900 $11,500 $108,400
2016 $4,192 $119,900 $11,500 $108,400
2015 $4,042 $119,900 $11,500 $108,400
2014 $3,909 $119,900 $11,500 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL378120

Bright MLS

APN: 05-00138-01-00005