NOT LISTED FOR SALE

116 E Pine St Millville, NJ 08332

Estimated Value: $209,222 - $248,000

Studio
-- Bath
1,882 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $170,000 $90 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,542/month

5 Days on Market

About This Home

As of May 2022

Calling all investors, here is your chance to own an income producing Duplex in town! This property features a 1-bedroom apartment on the first floor, currently rented out at $1,100/month. The 2nd floor 2-bedroom apartment has a long-term tenant currently rented at $1,000/month. Call to schedule a tour today - this will not last long in today's market! (Realtors - please see Agent Remarks regarding scheduling showings).

Last Agent to Sell the Property

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 04/02/2022

EXP Realty, LLC

Last Buyer's Agent

Iris Rivera

(856) 369-6854 irisbetteragent@gmail.com Better Homes and Gardens Real Estate Maturo

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1900

Lot Details

  • 2,460 Sq Ft Lot
  • Lot Dimensions are 30.00 x 82.00

Parking

  • On-Street Parking

Home Design

  • 1,882 Sq Ft Home
  • Duplex
  • Dutch Architecture
  • Frame Construction

Schools

  • Memorial High School

Utilities

  • Radiator
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 10-00412-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,737

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-04-03
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Total Sq Ft: 1882
  • Living Area Sq Ft: 1882
  • Price Per Sq Ft: 85.02
  • Above Grade Finished Sq Ft: 1882
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: MEMORIAL H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88300.00
  • Land Assessed Value: 13600.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 30.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2460.00
  • Zoning: B-3

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3136353
  • Tax Annual Amount: 3737.00
  • Assessor Parcel Number: 10-00412-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MILLVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 6, 2022
Sold by
Elisabeth Flores
Bought by
Perez Ernesto
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Iris Rivera
Better Homes and Gardens Real Estate Maturo
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%
Current Estimated Value
$233,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,556
Avg. Annual Appreciation
8.91%
Original Mortgage
$144,500
Outstanding Balance
$135,737
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$97,819

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jul 24, 2020
Sold by
Lockman Williams R and Lockman Adriana
Bought by
Flores Elisabeth
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$107,000
Sold Price
$111,520
Premium/Discount to List
$4,520
4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%
Original Mortgage
$109,499
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2007
Sold by
Lugo Antonio and Lugo Delia
Bought by
Lockman William R and Lockman Adriana

Purchase Details

Closed on
Apr 30, 1996
Sold by
Miller Andrew C and Cook Barbara J
Bought by
Lugo Antonio and Lugo Delia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perez Ernesto $170,000 Voorhees Gregory X
Flores Elisabeth $111,520 None Available
Lockman William R $152,000 --
Lugo Antonio $54,400 Colonial Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Ernesto $144,500
Previous Owner Flores Elisabeth $109,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $170,000 +6.3% $90 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $160,000 +43.5% $85 / Sq Ft
07/24/2020 07/24/20 Sold $111,520 +4.2% $59 / Sq Ft View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $107,000 0.0% $57 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/14/2019 11/14/19 Price Changed $107,000 -10.8% $57 / Sq Ft
10/10/2019 10/10/19 Price Changed $119,900 +0.8% $64 / Sq Ft
10/10/2019 10/10/19 For Sale $119,000 -- $63 / 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 $4,000 $101,900 $13,600 $88,300
2024 $4,000 $101,900 $13,600 $88,300
2023 $3,966 $101,900 $13,600 $88,300
2022 $3,863 $101,900 $13,600 $88,300
2021 $3,735 $101,900 $13,600 $88,300
2020 $3,676 $101,900 $13,600 $88,300
2019 $3,505 $101,900 $13,600 $88,300
2018 $3,433 $101,900 $13,600 $88,300
2017 $3,401 $101,900 $13,600 $88,300
2016 $3,359 $101,900 $13,600 $88,300
2015 $3,283 $101,900 $13,600 $88,300
2014 $3,289 $101,900 $13,600 $88,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2005874

Bright MLS

APN: 10-00412-0000-00003