$125,000
SOLD JAN 20, 2021

116 W Adams St Paulsboro, NJ 08066

-- Bed
-- Bath
1,984 Sq Ft
4,557 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

14 Days on Market

About This Home

As of February 2024

Great Investment Property! Fully rented side-by-side duplex, each featuring sun porch, living room, dining room, kitchen, 2 bedrooms, 1 bath, basement, attic, private yard and driveway parking. Both apartments have been recently renovated and one of the tenants is long term. Convenient to I-295, shopping, dining and within walking distance to schools. Don't miss this opportunity... schedule your personal tour today!

Last Agent to Sell the Property

Karen Salcedo

BHHS Fox & Roach-Mullica Hill North License #NJ0226009 Listed on: 11/17/2020

BHHS Fox & Roach-Mullica Hill North

Last Buyer's Agent

Gianna Furia

Opus Elite Real Estate of NJ, LLC License #2080639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 1920

Lot Details

  • 4,557 Sq Ft Lot
  • Lot Dimensions are 49.00 x 93.00
  • Property is in average condition

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Frame Construction
  • Shingle Roof

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 00004
  • Assessor Parcel Number 14-00078-00004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $660
  • Other Expense $1,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,791

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal possessions
  • Inclusions: Refrigerators (2), Washer (1), Dryer (1)
  • New Construction: No
  • Other Expense: 1296.00
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 63.00
  • Above Grade Finished Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 49.00 x 93.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4557.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: RES
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 24480.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4791.00
  • Assessor Parcel Number: 14-00078-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1984
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/20/2021

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 5, 2024
Sold by
Brown Amanda
Bought by
Charles Jason
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
Dave Beach
RE/MAX Community-Williamstown
List Price
$190,000
Sold Price
$181,500
Premium/Discount to List
-$8,500
-4.47%
Views
135
Current Estimated Value
$203,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,772
Avg. Annual Appreciation
16.76%
Original Mortgage
$10,000
Interest Rate
6.62%

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 14, 2021
Sold by
Paulsboro Realty Llc
Bought by
Brown Amanda
Seller's Agent
Karen Salcedo
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Gianna Furia
Opus Elite Real Estate of NJ, LLC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$93,750
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2017
Sold by
Weigand Michael Thomas
Bought by
Paulsboro Realty Llc

Purchase Details

Closed on
Oct 25, 2016
Sold by
Fannie Mae
Bought by
Weigand Michael Thomas

Purchase Details

Closed on
Nov 26, 2014
Sold by
Ford Kristen and Wilson Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2007
Sold by
Libetti Victor J
Bought by
Ford Kristen and Wilson Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2005
Sold by
Libetti Catherine M and Newell Alvin W
Bought by
Libetti Victor J and Libetti Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Muraca Joseph and Muraca Lorie
Bought by
Oliver Catherine M and Newell Alvin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,550
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1995
Sold by
Hollis Susie M
Bought by
Muraca Joseph and Muraca Lorie Y
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $181,500 Simplifile
Deed $125,000 Wfg National Title Ins Co
Deed $125,000 Wfg National Title
Quit Claim Deed -- --
Deed $11,500 None Available
Sheriffs Deed -- Attorney
Deed $115,000 --
Interfamily Deed Transfer -- Congress
Bargain Sale Deed $58,406 --
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $10,000 No Value Available
Open $178,212 FHA
Closed $178,212 FHA
Previous Owner $93,750 New Conventional
Previous Owner $109,250 Purchase Money Mortgage
Previous Owner $76,000 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $52,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $181,500 -4.5% $91 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/29/2023 12/29/23 Price Changed $190,000 0.0% $96 / Sq Ft
12/29/2023 12/29/23 For Sale $190,000 -5.0% $96 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $199,900 +59.9% $101 / Sq Ft
01/20/2021 01/20/21 Sold $125,000 0.0% $63 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $125,000 0.0% $63 / Sq Ft
07/15/2020 07/15/20 Rented $980 -6.7% --
04/20/2020 04/20/20 For Rent $1,050 0.0% --
04/03/2017 04/03/17 Rented $1,050 -4.5% --
02/02/2017 02/02/17 Under Contract -- -- --
02/02/2017 02/02/17 For Rent $1,100 -- --
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 $5,007 $113,900 $12,600 $101,300
2023 $5,007 $113,900 $12,600 $101,300
2022 $4,916 $113,900 $12,600 $101,300
2021 $4,820 $113,900 $12,600 $101,300
2020 $4,791 $113,900 $12,600 $101,300
2019 $4,640 $113,900 $12,600 $101,300
2018 $4,375 $113,900 $12,600 $101,300
2017 $4,357 $113,900 $12,600 $101,300
2016 $4,151 $113,900 $12,600 $101,300
2015 $4,127 $113,900 $12,600 $101,300
2014 $3,634 $107,900 $16,600 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL268134

Bright MLS

APN: 14-00078-0000-00004