NOT LISTED FOR SALE

118 Jessup St Unit 128 Paulsboro, NJ 08066

Estimated Value: $229,000 - $441,000

-- Bed
-- Bath
1,322 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 17, 2019

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

Est. 242% increase in value since last sale

Current estimated payment $2,137/month

14 Days on Market

Highlights

  • 0.91 Acre Lot
  • No HOA
  • 3-minute walk to Baird Recreation Area
  • Rambler Architecture
  • Forced Air Heating System

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

(856) 625-4587 mellacesells@aol.com Century 21 Rauh & Johns License #674076 Listed on: 09/02/2019

Century 21 Rauh & Johns

Last Buyer's Agent

Francis Mellace

(856) 625-4587 mellacesells@aol.com Century 21 Rauh & Johns License #674076 Listed on: 09/02/2019

Century 21 Rauh & Johns

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 200.00 x 198.00

Parking

  • Driveway

Home Design

  • 1,322 Sq Ft Home
  • Quadruplex
  • Rambler Architecture
  • Stucco

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 14-00126-00027

Property Details

Home Type

Multi-Family

Year Built

Built in 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
  • 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

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 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

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
$342,155

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
$252,344
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,811

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
22.18%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Pierce Wendy $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $10,881 $247,300 $32,200 $215,100
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

    95 Total Sales

    Francis Mellace
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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

Not Listed for Sale

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