NOT LISTED FOR SALE

118 W 4th St Palmyra, NJ 08065

Estimated Value: $278,771 - $485,000

-- Bed
-- Bath
2,411 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 15, 2015

Last sale price $159,600 $66 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,624/month

150 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of August 2015

Fully rented Duplex in the heart of Palmyra. The school system, being close to the Riverline and downtown Palmyra, and being just a few short minutes from the Tacony Bridge make this property very desirable not just to investors but tenants of the present and future. This duplex is split between the first floor and the second/third floor. Currently occupied, the downstairs consist of a 2 bedroom 1 bath unit. Upstairs is also occupied by a long term tenant. The upstairs unit has 3 bedrooms and 1 bath. The third floor, which includes a extra area and the 3rd bedroom, is currently set up as a recording studio.

Last Agent to Sell the Property

Paula Jukel

American Realty Co. License #7850156 Listed on: 10/14/2014

Last Buyer's Agent

Paula Jukel

American Realty Co. License #7850156 Listed on: 10/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,130

Year Built

  • Built in 1920

Lot Details

  • 8,450 Sq Ft Lot
  • Lot Dimensions are 50x169

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,411 Sq Ft Home
  • Partial Basement
  • Laundry in unit

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Charles Street Middle School
  • Palmyra High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 27-00085-00010

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $900
  • Operating Expense $8,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Fully rented Duplex in the heart of Palmyra. The school system, being close to the Riverline and downtown Palmyra, and being just a few short minutes from the Tacony Bridge make this property very desirable not just to investors but tenants of the present and future. This duplex is split between the first floor and the second/third floor. Currently occupied, the downstairs consist of a 2 bedroom 1 bath unit. Upstairs is also occupied by a long term tenant. The upstairs unit has 3 bedrooms and 1 bath. The third floor, which includes a extra area and the 3rd bedroom, is currently set up as a recording studio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2411
  • Living Area Sq Ft: 2411
  • Price Per Sq Ft: 66.36
  • Above Grade Finished Sq Ft: 2411
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Middle School: CHARLES STREET SCHOOL
  • High School: PALMYRA
  • School District Key: 300200396966
  • High School: PALMYRA
  • Middle Or Junior School: CHARLES STREET SCHOOL

Lot Info

  • Improvement Assessed Value: 115000.00
  • Land Assessed Value: 60800.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50X169
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8450.00
  • Zoning: RESD

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 23400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1714353
  • Tax Annual Amount: 6130.00
  • Assessor Parcel Number: 27-00085-00010
  • Tax Lot: 00010
  • Tax Year: 2014
  • Close Date: 08/15/2015

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Aug 14, 2015
Sold by
Demaise Donald and Demaise Joanne
Bought by
Fulmer Kenneth G
Seller's Agent
Paula Jukel
American Realty Co.
Buyer's Agent
Paula Jukel
American Realty Co.
List Price
$160,000
Sold Price
$159,600
Premium/Discount to List
-$400
-0.25%
Total Days on Market
150
Current Estimated Value
$367,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,343
Avg. Annual Appreciation
7.73%
Original Mortgage
$156,709
Outstanding Balance
$126,469
Interest Rate
4.09%
Mortgage Type
FHA
Estimated Equity
$204,768

Purchase Details

Closed on
Nov 11, 2002
Sold by
Casey John
Bought by
Demaise Donald and Demaise Joanne
Source: Public Records

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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
Fulmer Kenneth G $159,600 Integrity Title Agency Inc
Demaise Donald $123,600 Collegiate Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulmer Kenneth G $156,709
Previous Owner Demaise Donald $137,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2015 08/15/15 Sold $159,600 -0.3% $66 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $160,000 -- $66 / 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 $6,690 $158,000 $60,800 $97,200
2023 $6,690 $158,000 $60,800 $97,200
2022 $6,532 $158,000 $60,800 $97,200
2021 $6,304 $158,000 $60,800 $97,200
2020 $6,328 $158,000 $60,800 $97,200
2019 $6,129 $158,000 $60,800 $97,200
2018 $6,723 $175,800 $60,800 $115,000
2017 $6,636 $175,800 $60,800 $115,000
2016 $6,506 $175,800 $60,800 $115,000
2015 $6,413 $175,800 $60,800 $115,000
2014 $6,130 $175,800 $60,800 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003149136

Bright MLS

APN: 27-00085-0000-00010