NOT LISTED FOR SALE

117 Reading Ave Barrington, NJ 08007

Estimated Value: $329,000 - $410,000

Studio
-- Bath
1,822 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $190,000 $104 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,604/month

44 Days on Market

About This Home

As of January 2021

Barrington is BACK and better than ever! This sleepy town has boomed in the real estate market. Here is the perfect opportunity to invest in an extremely well taken care of duplex with both sides occupied by solid tenants. Begin to earn a passive income immediately. Unit A is the lower level. Upon entry, the unit has a lovely living room with beautiful hardwood flooring. The hardwood continues as you enter the dining room. There is a kitchen, 2 bedrooms and a bathroom. Unit A has access to the basement where you find the washer (new) and dryer with plenty of room for storage plus access to the large backyard. Unit B, the upper level, is a one bedroom, one bath with kitchen and living room. This unit has its own washer and dryer.

Last Agent to Sell the Property

Gina Argentina

(856) 235-0101 gina.argentina@cbpref.com Coldwell Banker Realty License #1752036 Listed on: 10/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Anthony Horneff

(856) 547-0700 drwhitejr@comcast.net Daniel R. White Realtor, LLC License #562383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,713

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00

Parking

  • On-Street Parking

Home Design

  • 1,822 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Barrington Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 03-00048-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,713

Year Built

Built in 1920

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
  • Exclusions: Tenants personal property
  • New Construction: No
  • Expected On Market: 2020-10-17
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 1822
  • Living Area Sq Ft: 1822
  • Price Per Sq Ft: 115.26
  • Above Grade Finished Sq Ft: 1822
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 123000.00
  • Land Assessed Value: 52300.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Zoning: MULTI

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 25200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1772659
  • Tax Annual Amount: 7713.00
  • Assessor Parcel Number: 03-00048-00014
  • Tax Lot: 00014
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: BARRINGTON BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Jan 15, 2021
Sold by
Ruggieri Vincent A
Bought by
Anderson Todd and Anderson Mary Ann
Seller's Agent
Gina Argentina
Coldwell Banker Realty
Buyer's Agent
Anthony Horneff
Daniel R. White Realtor, LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Current Estimated Value
$366,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,613
Avg. Annual Appreciation
13.96%
Original Mortgage
$142,500
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2018
Closed on
May 10, 2019
Sold by
Campbell Linda
Bought by
Ruggieri Vincent A
Seller's Agent
Sid Benstead
BHHS Fox & Roach-Marlton
Buyer's Agent
Gina Argentina
Coldwell Banker Realty
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jun 6, 2013
Sold by
Yacovelli Pasquale A and Benning Yacovelli Marie E
Bought by
Campbell Linda
Seller's Agent
DAVID BURNS
Keller Williams Realty - Cherry Hill
Buyer's Agent
Nicole Sommese
Tesla Realty Group LLC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$104,000
Interest Rate
3.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 26, 2009
Sold by
Yacovelli Salvatore N and Yacovelli Luciana
Bought by
Yacovelli Pasquale A and Banning Yacovelli Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2008
Sold by
Yacovelli Salvatore N and Yacovelli Luciana
Bought by
Yacovelli Salvatore N and Yacovelli Luciana

Purchase Details

Closed on
Aug 30, 1999
Sold by
Lembo Joseph
Bought by
Yacovelli Salvatore N and Yacovelli Luciana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.85%
Source: Public Records
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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
Anderson Todd $190,000 Foundation Title Llc
Anderson Todd $190,000 Foundation Title
Ruggieri Vincent A $150,000 Keystone Title Services
Campbell Linda $130,000 North American Title Agenc
Yacovelli Pasquale A -- --
Yacovelli Salvatore N -- --
Yacovelli Salvatore N $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Todd $142,500
Previous Owner Campbell Linda $104,000
Previous Owner Yacovelli Pasquale A $162,750
Previous Owner Yacovelli Salvatore N $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $190,000 -9.5% $104 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $210,000 0.0% $115 / Sq Ft
09/16/2019 09/16/19 Rented $900 0.0% --
09/16/2019 09/16/19 Under Contract -- -- --
09/13/2019 09/13/19 For Rent $900 0.0% --
05/21/2019 05/21/19 Sold $150,000 -11.2% $79 / Sq Ft View Prior Sale
02/13/2019 02/13/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $169,000 +30.0% $89 / Sq Ft
06/06/2013 06/06/13 Sold $130,000 -13.3% $125 / Sq Ft View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $149,900 -- $144 / Sq Ft
Source: Bright MLS

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 $8,393 $175,300 $52,300 $123,000
2024 $8,104 $175,300 $52,300 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD405010

Bright MLS

APN: 03-00048-0000-00014