NOT LISTED FOR SALE

1186 88 Lower Landing Rd Blackwood, NJ 08012

Estimated Value: $298,004 - $368,000

-- Bed
-- Bath
2,195 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $253,500 $115 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,434/month

Highlights

  • Colonial Architecture
  • Attic
  • Eat-In Kitchen
  • Traditional Floor Plan
  • Porch
  • Interior Lot

About This Home

As of March 2022

Fully rented duplex at $2,400/month. Two units with 2 bedrooms of which each has a walk in closet, 1 1/2 baths, living room, kitchen and laundry room all on 2 levels. Large lot with shed for storage, covered front porch and separate patio. Big assigned paved parking area where each parking spot can fit 2 cars one behind the other if needed plus guest parking too. Low maintenance exterior with aluminum siding. Tenants pay all utilities except sewer. Presently tenants on month to month leases. Bonus - 2nd duplex next door is the same design & also for sale!

Last Agent to Sell the Property

Brian Belko

(856) 905-8929 Brian.Belko@foxroach.com BHHS Fox & Roach-Washington-Gloucester License #8644513 Listed on: 01/27/2022

BHHS Fox & Roach-Washington-Gloucester

Last Buyer's Agent

Susan Orlando

(856) 371-1019 Slorlando@comcast.net Home and Heart Realty License #9913116

Home and Heart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,474

Year Built

  • Built in 1980

Lot Details

  • 7,550 Sq Ft Lot
  • Lot Dimensions are 50.00 x 151.00
  • Interior Lot
  • Open Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,195 Sq Ft Home
  • Traditional Floor Plan
  • Insulated Doors
  • Six Panel Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking
  • Shared Driveway
  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Community Details

  • Income includes apartment rentals
  • Gross Income $28,800

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 00028 02
  • Assessor Parcel Number 15-06801-00028 02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,474

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer, dryer, refrigerator in each unit as-is
  • New Construction: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Carpet, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Tub Shower, Walk-In Closet(s)
  • Door Features: Insulated, Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2195
  • Living Area Sq Ft: 2195
  • Price Per Sq Ft: 115.49
  • Above Grade Finished Sq Ft: 2195
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Paved Parking, Asphalt Driveway, Assigned, Private, Shared Driveway
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 9

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Other

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Cleared, Interior, Open
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 151.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7550.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer
  • Rent Control: No
  • Total Actual Rent: 28800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 28800.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Annual Amount: 7474.00
  • Assessor Parcel Number: 15-06801-00028 02
  • Tax Lot: 00028 02
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2025
Sold by
Gavarone John
Bought by
Gavarone Michael R
Current Estimated Value
$339,251

Purchase Details

Closed on
Jun 15, 2015
Sold by
Stortini Rose Marie
Bought by
Stortini Mark
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
Gavarone Michael R -- None Listed On Document
Stortini Mark -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $253,500 0.0% $115 / Sq Ft
02/08/2022 02/08/22 Price Changed $253,500 0.0% $115 / Sq Ft
02/06/2022 02/06/22 Off Market $253,500 -- --
02/05/2022 02/05/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $239,900 -- $109 / 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 $7,895 $187,700 $50,400 $137,300
2024 $7,673 $187,700 $50,400 $137,300
2023 $7,673 $187,700 $50,400 $137,300
2022 $7,636 $187,700 $50,400 $137,300
2021 $7,474 $187,700 $50,400 $137,300
2020 $7,474 $187,700 $50,400 $137,300
2019 $7,313 $187,700 $50,400 $137,300
2018 $7,287 $187,700 $50,400 $137,300
2017 $7,056 $187,700 $50,400 $137,300
2016 $6,900 $187,700 $50,400 $137,300
2015 $6,406 $187,700 $50,400 $137,300
2014 $6,371 $187,700 $50,400 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2017414

Bright MLS

APN: 15-06801-0000-00028-02