NOT LISTED FOR SALE

118 Oswego Ave Audubon, NJ 08106

Estimated Value: $346,000 - $427,000

-- Bed
-- Bath
1,464 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $175,000 $120 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,875/month

140 Days on Market

Highlights

  • Deck
  • No HOA
  • En-Suite Primary Bedroom
  • Wood Flooring
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of September 2020

Earn income! Great opportunity to own a duplex in Audubon. Large corner lot offers a lot of yard space and a one-car garage, too. Spacious 2 bedrooms in both sides of the home. Good natural light, some replacement windows, ceiling fans and eat-in kitchens. Second floor unit has a bonus outdoor balcony off the living room and uses the laundry in the Bilco door basement entrance. First floor unit has its own laundry in the basement accessed off the kitchen. New AC unit in first floor along with freshly painted kitchen cabinets and bedrooms. Great first floor deck is shared by both tenants. Roof and deck were replaced in the last few years. Central location in Audubon with easy access to major highways and close proximity to schools and shopping on Merchant Street! Garage is assigned to the first floor tenant. Opportunity Calls! FHA loans will not work on this property.

Last Agent to Sell the Property

Lisa Wolschina

Lisa Wolschina & Associates, Inc. License #0345954 Listed on: 03/10/2020

Lisa Wolschina & Associates, Inc.

Last Buyer's Agent

Hakan Karahan

HomeSmart First Advantage Realty License #9693664

HomeSmart First Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,543

Year Built

  • Built in 1935

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x126
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,464 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Unfinished Basement
  • Partial Basement
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Schools

  • Audubon Jr-Sr High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-00099-00008

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Audubon Manor Subdivision

Building Details

  • Operating Expense $8,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,543

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 2 Sets Of Washer/Dryer And 2 Sets Kitchen Appliances
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: Earn income! Great opportunity to own a duplex in Audubon. Large corner lot offers a lot of yard space and a one-car garage, too. Spacious 2 bedrooms in both sides of the home. Good natural light, some replacement windows, ceiling fans and eat-in kitchens. Second floor unit has a bonus outdoor balcony off the living room and uses the laundry in the Bilco door basement entrance. First floor unit has its own laundry in the basement accessed off the kitchen. New AC unit in first floor along with freshly painted kitchen cabinets and bedrooms. Great first floor deck is shared by both tenants. Roof and deck were replaced in the last few years. Central location in Audubon with easy access to major highways and close proximity to schools and shopping on Merchant Street! Garage is assigned to the first floor tenant. Opportunity Calls! FHA loans will not work on this property.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 126.37
  • Above Grade Finished Sq Ft: 1464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • High School: AUDUBON JR-SR
  • School District Key: 300200396982
  • High School: AUDUBON JR-SR

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X126
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1770048
  • Tax Annual Amount: 8543.00
  • Assessor Parcel Number: 01-00099-00008
  • Tax Year: 2019
  • Close Date: 09/15/2020

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Sep 17, 2020
Sold by
Lorenz Thomas C and Lorenz Linda
Bought by
Rambo Brandon
Seller's Agent
Lisa Wolschina
Lisa Wolschina & Associates, Inc.
Buyer's Agent
Hakan Karahan
HomeSmart First Advantage Realty
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$379,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,215
Avg. Annual Appreciation
16.98%
Original Mortgage
$148,750
Outstanding Balance
$132,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$246,812

Purchase Details

Closed on
Aug 15, 1978
Bought by
Lorenz Thomas C and Lorenz Linda
Source: Public Records

Range of Values:

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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
Rambo Brandon $175,000 None Listed On Document
Lorenz Thomas C $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rambo Brandon $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $175,000 -5.4% $120 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $185,000 0.0% $126 / Sq Ft
07/08/2020 07/08/20 For Sale $185,000 -14.0% $126 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $215,000 +22.9% $147 / Sq Ft
03/25/2020 03/25/20 Off Market $175,000 -- --
03/10/2020 03/10/20 For Sale $215,000 -- $147 / 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 $9,693 $240,100 $109,700 $130,400
2024 $9,371 $240,100 $109,700 $130,400
2023 $9,371 $240,100 $109,700 $130,400
2022 $9,121 $240,100 $109,700 $130,400
2021 $8,622 $240,100 $109,700 $130,400
2020 $8,658 $240,100 $109,700 $130,400
2019 $8,543 $240,100 $109,700 $130,400
2018 $8,437 $240,100 $109,700 $130,400
2017 $8,262 $240,100 $109,700 $130,400
2016 $8,046 $240,100 $109,700 $130,400
2015 $7,784 $240,100 $109,700 $130,400
2014 $7,710 $240,100 $109,700 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD389498

Bright MLS

APN: 01-00099-0000-00008