NOT LISTED FOR SALE

1164 Sharp Rd Vineland, NJ 08360

Estimated Value: $297,413 - $334,000

-- Bed
-- Bath
1,798 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $225,000 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,177/month

68 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Electric Baseboard Heater

About This Home

As of September 2021

This duplex is well kept and A great income producer with long term tenants and prompt payers. Property consists of a 1 bedroom front apartment with electric baseboard heat and a 2 bedroom rear apartment with gas hot water baseboard heat. All separate utilities and both units have a washer and dryer. Leases good through July 1, 2021 then become month to month for the new owner. Live in one unit and rent the other. All windows have been replaced with vinyl windows and nicely landscaped.

Last Agent to Sell the Property

Edwina Pennino

RE/MAX Preferred - Vineland Listed on: 05/25/2021

RE/MAX Preferred - Vineland

Last Buyer's Agent

Stella Lackova

Atlas Real Estate

Atlas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,789

Year Built

  • Built in 1930

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 130.00 x 145.00
  • Property is in average condition

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 1,798 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Kitchen in Efficiency Studio

Flooring

  • Wood
  • Carpet

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for real estate taxes, water
  • Tax Lot 00019
  • Assessor Parcel Number 14-02402-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,789

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: All appliances that are not tenant owned.
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: This duplex is well kept and A great income producer with long term tenants and prompt payers. Property consists of a 1 bedroom front apartment with electric baseboard heat and a 2 bedroom rear apartment with gas hot water baseboard heat. All separate utilities and both units have a washer and dryer. Leases good through July 1, 2021 then become month to month for the new owner. Live in one unit and rent the other. All windows have been replaced with vinyl windows and nicely landscaped.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Washer
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Efficiency
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1798
  • Living Area Sq Ft: 1798
  • Price Per Sq Ft: 125.14
  • Above Grade Finished Sq Ft: 1798
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1164

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 129800.00
  • Land Assessed Value: 33800.00
  • Lot Size Acres: 0.43
  • Lot Dimensions: 130.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18850.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Owner Pays: Taxes - Real Estate, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3149398
  • Tax Annual Amount: 4789.00
  • Assessor Parcel Number: 14-02402-00019
  • Tax Lot: 00019
  • Tax Total Finished Sq Ft: 1798
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/17/2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Unknown
Bought by
Limitless Financial I Llc
Current Estimated Value
$319,853

Purchase Details

Listed on
May 25, 2021
Closed on
Sep 17, 2021
Sold by
Edward F Bailey Sr T
Bought by
Collins Macy A
Seller's Agent
Edwina Pennino
RE/MAX Preferred - Vineland
Buyer's Agent
Stella Lackova
Atlas Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$220,924
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2012
Sold by
Bailey Edward F and Bailey Gina M
Bought by
Bailey Edward F and Bailey Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,325
Interest Rate
3.78%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bailey Edward F
Bought by
Edward F Bailey Sr Co Trust and Gina M Bailey Co Trust

Purchase Details

Closed on
Sep 29, 2004
Sold by
Gorrell Mark A
Bought by
Bailey Edward F and Bailey Gina M
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
Limitless Financial I Llc -- --
Collins Macy A $225,000 Dominion Title Agency, Inc.
Bailey Edward F -- Indecomm Global Services
Bailey Edward F -- Indecomm Global Services
Edward F Bailey Sr Co Trust -- --
Bailey Edward F $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Macy A $220,924
Previous Owner Bailey Edward F $112,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $225,000 0.0% $125 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $225,000 0.0% $125 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $225,000 -- $125 / 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 $5,209 $163,600 $33,800 $129,800
2024 $5,209 $163,600 $33,800 $129,800
2023 $5,175 $163,600 $33,800 $129,800
2022 $5,021 $163,600 $33,800 $129,800
2021 $4,929 $163,600 $33,800 $129,800
2020 $4,789 $163,600 $33,800 $129,800
2019 $4,723 $163,600 $33,800 $129,800
2018 $4,599 $163,600 $33,800 $129,800
2017 $4,368 $163,600 $33,800 $129,800
2016 $4,214 $163,600 $33,800 $129,800
2015 $4,059 $163,600 $33,800 $129,800
2014 $3,838 $163,600 $33,800 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB133000

Bright MLS

APN: 14-02402-0000-00019