NOT LISTED FOR SALE

118 Jessup St Unit 128 Paulsboro, NJ 08066

Estimated Value: $252,000 - $740,000

-- Bed
-- Bath
1,322 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $100,000 $76 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $3,519/month

14 Days on Market

About This Home

As of October 2019

Wonderful opportunity to own a four unit property! Situated in two separate buildings, there are 2 one bedroom units and 2 two bedroom units, each with one bathroom and basement too! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Francis Mellace

Century 21 Rauh & Johns License #674076 Listed on: 09/02/2019

Century 21 Rauh & Johns

Last Buyer's Agent

Francis Mellace

Century 21 Rauh & Johns License #674076 Listed on: 09/02/2019

Century 21 Rauh & Johns

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,871

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: Wonderful opportunity to own a four unit property! Situated in two separate buildings, there are 2 one bedroom units and 2 two bedroom units, each with one bathroom and basement too! This is a Fannie Mae HomePath property.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1322
  • Living Area Sq Ft: 1322
  • Price Per Sq Ft: 60.70
  • Above Grade Finished Sq Ft: 1322
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118-128

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175200.00
  • Land Assessed Value: 32200.00
  • Lot Size Acres: 0.91
  • Lot Dimensions: 200.00 x 198.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39600.00
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2023389
  • Tax Annual Amount: 7966.00
  • Assessor Parcel Number: 14-00126-00027
  • Tax Lot: 00027
  • Tax Total Finished Sq Ft: 1322
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/17/2019

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Matthew Doherty
Bought by
Burkan Jennifer
Current Estimated Value
$473,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$255,205
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$217,932

Purchase Details

Listed on
Sep 2, 2019
Closed on
Sep 18, 2019
Sold by
Fannie Mae
Bought by
Doherty Matthew
Seller's Agent
Francis Mellace
Century 21 Rauh & Johns
Buyer's Agent
Francis Mellace
Century 21 Rauh & Johns
List Price
$80,250
Sold Price
$100,000
Premium/Discount to List
$19,750
24.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.04%
Original Mortgage
$142,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Morris Steven R and Morris Tina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 11, 1996
Sold by
Multi Executive Development Corp
Bought by
Pierce Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.26%
Mortgage Type
Balloon
Source: Public Records

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 Buyer Sale Price Title Company
Burkan Jennifer $380,000 None Listed On Document
Doherty Matthew $100,000 None Available
Federal National Mortgage Association -- None Available
Pierce Wendy $155,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkan Jennifer $285,000
Previous Owner Doherty Matthew $142,500
Previous Owner Morris Tina $154,350
Previous Owner Morris Tina $44,100
Previous Owner Morris Steven $44,100
Previous Owner Morris Steven R $148,500
Previous Owner Pierce Wendy $120,000
Previous Owner Pierce Wendy $24,000
Previous Owner Pierce Wendy $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $100,000 +24.6% $76 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $80,250 -- $61 / 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 $10,871 $247,300 $32,200 $215,100
2023 $10,871 $247,300 $32,200 $215,100
2022 $10,673 $247,300 $32,200 $215,100
2021 $8,467 $207,400 $32,200 $175,200
2020 $8,723 $207,400 $32,200 $175,200
2019 $8,449 $207,400 $32,200 $175,200
2018 $7,966 $207,400 $32,200 $175,200
2017 $7,933 $207,400 $32,200 $175,200
2016 $7,558 $207,400 $32,200 $175,200
2015 $7,514 $207,400 $32,200 $175,200
2014 $8,599 $255,300 $38,700 $216,600
Source: Public Records

Agents Affiliated with this Home

  • Francis Mellace

    Seller's Agent in 2019

    Francis Mellace

    Century 21 - Rauh & Johns

    (856) 625-4587

    93 Total Sales

    Francis Mellace
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJGL247182

Bright MLS

APN: 14-00126-0000-00027

New Jersey Gloucester County Paulsboro 08066

118 Jessup St Unit 128, Paulsboro, NJ

This home is located at 118 Jessup St Unit 128, Paulsboro, NJ 08066 since 02 September 2019 and is currently estimated at $473,137, approximately $357 per square foot. This property was built in 1950. 118 Jessup St Unit 128 is a home located in Gloucester County with nearby schools including Billingsport Elementary School, Loudenslager Elementary School, and Paulsboro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes