$325,000
SOLD MAR 16, 2023

1171 N East Ave Vineland, NJ 08360

-- Bed
-- Bath
2,056 Sq Ft
0.34 Acres

Recently Sold

$158 Per Sq Ft

7% Below List Price

37 Days on Market

Highlights

  • Rambler Architecture
  • Breakfast Area or Nook
  • Walk-In Closet
  • Main Floor Bedroom
  • Family Room Off Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

PERFECT DUPLEX OPPORTUNITY TO LIVE IN ONE SIDE AND RENT THE OTHER. Reduce your living expenses by purchasing one of Vineland's finest true side-by-side duplex ranch homes in a fantastic location using a primary home loan! This is THE best way to fight against inflation and higher interest rates right now while positioning yourself to start building wealth for your future, and for a very low down payment! Each side of this well-kept duplex is 2 bedrooms and 1 full bathroom, living room, spacious kitchen, dining area, and laundry room. Each side has separate utilities, natural gas heat and range and central air. The heater and hot water heater in both units are new and the current ownership has done well to make sure any maintenance is handled in a timely fashion. Each side has its own separate backyard space as well as its own driveway. This property is turn-key and ready for you to purchase and start building your future while living for less than market rent! The opportunity to buy this with an 3.5% down FHA loan or low down payment conventional loan by living in one side and renting the other is one you do not want to miss. If you have been looking for a smart way to become a homeowner in an otherwise difficult market, this is it!

Last Agent to Sell the Property

Michael DePalma

DePalma Realty Listed on: 01/08/2023

Last Buyer's Agent

Marc Meneghetti

Keller Williams Prime Realty License #2185848

Keller Williams Prime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100.00 x 150.00
  • Cleared Lot

Home Design

  • Duplex
  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,056 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Open Floorplan
  • Dining Area
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • <<builtInRangeToken>>
  • Extra Refrigerator or Freezer

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Paved Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 2 Units
  • 1-Story Building

Listing and Financial Details

  • Tax Lot 00066
  • Assessor Parcel Number 14-01705-00066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,861

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Refrigerators in both units. Sheds out back. Other tenant personal property.
  • Home Warranty: No
  • Inclusions: All major appliances and fixed utility systems that are not the property of the tenant.
  • New Construction: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: PERFECT DUPLEX OPPORTUNITY TO LIVE IN ONE SIDE AND RENT THE OTHER. Reduce your living expenses by purchasing one of Vineland's finest true side-by-side duplex ranch homes in a fantastic location using a primary home loan! This is THE best way to fight against inflation and higher interest rates right now while positioning yourself to start building wealth for your future, and for a very low down payment! Each side of this well-kept duplex is 2 bedrooms and 1 full bathroom, living room, spacious kitchen, dining area, and laundry room. Each side has separate utilities, natural gas heat and range and central air. The heater and hot water heater in both units are new and the current ownership has done well to make sure any maintenance is handled in a timely fashion. Each side has its own separate backyard space as well as its own driveway. This property is turn-key and ready for you to purchase and start building your future while living for less than market rent! The opportunity to buy this with an 3.5% down FHA loan or low down payment conventional loan by living in one side and renting the other is one you do not want to miss. If you have been looking for a smart way to become a homeowner in an otherwise difficult market, this is it!
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dryer, Extra Refrigerator/Freezer, Oven/Range - Gas, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Pantry, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Room Count: 16
  • Total Sq Ft: 2056
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 155.16
  • Above Grade Finished Sq Ft: 2056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1171-1173

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Paved Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 124800.00
  • Land Assessed Value: 33600.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15002.00
  • Year Assessed: 2022
  • Zoning: 02
  • Zoning Description: Residential.

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3146790
  • Tax Annual Amount: 4861.00
  • Assessor Parcel Number: 14-01705-00066
  • Tax Lot: 00066
  • Tax Total Finished Sq Ft: 2056
  • Tax Year: 2022
  • Close Date: 03/16/2023

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
May 8, 2025
Sold by
Ortiz Edward
Bought by
Flores Ramiro Sanchez
Seller's Agent
Marc Meneghetti
Keller Williams Prime Realty
Buyer's Agent
Osbaldo Matias
Keller Williams Prime Realty
List Price
$369,900
Sold Price
$347,000
Premium/Discount to List
-$22,900
-6.19%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.13%
Original Mortgage
$317,765
Outstanding Balance
$317,765
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$55,564

Purchase Details

Listed on
Jan 8, 2023
Closed on
Mar 16, 2023
Sold by
Tomec Inc
Bought by
Ortiz Edward
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Marc Meneghetti
Keller Williams Prime Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$319,113
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2013
Sold by
Thomson Edmund and Thomson Edmund L
Bought by
Tomec Inc
Source: Public Records

Similar Homes in Vineland, NJ

  • 882 Sawyer Ave, Vineland, NJ 08360

    $338,000

    • Studio
    • 1,368 Sq Ft
    • 882 Sawyer Ave
    • Vineland, NJ

    Welcome to this fantastic investment opportunity in Vineland! This side-by-side duplex rancher is perfect for investors looking for steady rental income or for an owner-occupant who wants to live in one unit while earning from the other. The main unit features three bedrooms and one full bathroom, with a spacious living room, formal dining room, and a full kitchen. Two bedrooms and the bathroom

    Jackie Capoferri S. Kelly Real Estate LLC

    Section Image
  • 1021 New Pear St, Vineland, NJ 08360

    $274,900

    • Studio
    • 1,802 Sq Ft
    • 1021 New Pear St
    • Vineland, NJ

    INVESTOR ALERT.Great location well maintained duplex with one 2 bedroom unit and one 1 bedroom unit. Tenants pay all utilities.Electrical services for both units have been updated in Novemeber2024.

    Robert Odorizzi A R Fanucci Real Estate Inc

    Section Image
  • 636 E Pear St, Vineland, NJ 08360

    $315,000

    • Studio
    • 1,588 Sq Ft
    • 636 E Pear St
    • Vineland, NJ

    This is a very nice investment property. Unit 1 is a 2 bedroom unit with living room, dining room, kitchen and one bathroom. Unit 2 is a beautiful studio apartment. Each unit has their own utilities. There is also a large garage, and the yard is fenced in. The roof and heaters are new. The windows are also updated.

    Carmen Minguela Better Homes and Gardens Real Estate Maturo

    Section Image
  • 313 W Wood St, Vineland, NJ 08360

    $275,000

    • Studio
    • 1,480 Sq Ft
    • 313 W Wood St
    • Vineland, NJ

    Wonderful investment for your portfolio or live on one side and rent the other side. Great income opportunity. Unit A is a great 2 bedroom and Unit B is a 1 bedroom unit. All utilities are separated. Both units have leases and great tenants. The roof is brand new. Ample parking for both sides. Updated windows and a storage shed. The yard is a very nice size.

    Carmen Minguela Better Homes and Gardens Real Estate Maturo

    Section Image
  • 113 S 4th St, Vineland, NJ 08360

    $399,900

    • Studio
    • 1,956 Sq Ft
    • 113 S 4th St
    • Vineland, NJ

    Great 4 unit investment property is 100% rented. All 4 units are 1 bedroom and 1 bathroom each. Current rents are as follows… Unit 1 $1,175, Unit 2 $1,175, Unit 3 $1,050 &and Unit 4 $1,000. All are yearly leases. Tenants pay separate gas and electric, owner pays water and sewer.

    Rick Gullo BHHS Fox & Roach-Vineland

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $347,000 Foundation Title
Deed $347,000 Foundation Title
Deed $325,000 Foundation Title
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,765 FHA
Closed $317,765 FHA
Previous Owner $319,113 FHA
Previous Owner $750,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $347,000 -6.2% $169 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $369,900 0.0% $180 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $369,900 -2.6% $180 / Sq Ft
12/30/2024 12/30/24 For Sale $379,900 +16.9% $185 / Sq Ft
03/16/2023 03/16/23 Sold $325,000 +1.9% $158 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $319,000 -8.8% $155 / Sq Ft
01/08/2023 01/08/23 For Sale $349,900 -- $170 / 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 $5,043 $158,400 $33,600 $124,800
2023 $5,010 $158,400 $33,600 $124,800
2022 $4,861 $158,400 $33,600 $124,800
2021 $4,773 $158,400 $33,600 $124,800
2020 $4,636 $158,400 $33,600 $124,800
2019 $4,573 $158,400 $33,600 $124,800
2018 $4,453 $158,400 $33,600 $124,800
2017 $4,229 $158,400 $33,600 $124,800
2016 $4,080 $158,400 $33,600 $124,800
2015 $3,930 $158,400 $33,600 $124,800
2014 $3,716 $158,400 $33,600 $124,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCB2010668

Bright MLS

APN: 14-01705-0000-00066