NOT LISTED FOR SALE

119 E Federal St Burlington, NJ 08016

Estimated Value: $173,000 - $210,000

4 Beds
2 Baths
1,200 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $80,000 $67 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,250/month

44 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Clarkson Playground

About This Home

As of February 2022

This is a 4 Bed 1.5 Bath, Twin in Downtown Burlington. Turn-Key property with long term HUD tenancy paying $1484 with utilities. Eat in kitchen, laundry and half bath. 1st floor bedroom, 2nd floor host 2 bedroom and 1 bath, 3rd floor bedroom. Newer gas heater, unfinished basement. Can be sold together with 117 E Federal. 117 E Federal is a separate listing.
Ready to go - Buyer responsible for all CO's and repairs if required

Last Agent to Sell the Property

Peter Abdallah

Vantage Residential, LLC License #457309 Listed on: 09/01/2021

Co-Listed By

Jon Glover

RE/MAX Affiliates License #2079538

Last Buyer's Agent

Laura Smith

RE/MAX Preferred - Cherry Hill

RE/MAX Preferred - Cherry Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1991

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-00154-00010

Community Details

Overview

  • No Home Owners Association
  • Yorkshire Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,607

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: This is a 4 Bed 1.5 Bath, Twin in Downtown Burlington. Turn-Key property with long term HUD tenancy paying $1484 with utilities. Eat in kitchen, laundry and half bath. 1st floor bedroom, 2nd floor host 2 bedroom and 1 bath, 3rd floor bedroom. Newer gas heater, unfinished basement. Can be sold together with 117 E Federal. 117 E Federal is a separate listing. Ready to go - Buyer responsible for all CO's and repairs if required
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 82.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 51700.00
  • Land Assessed Value: 13500.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Year Assessed: 2020
  • Zoning: TRN

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1605596
  • Tax Annual Amount: 2607.00
  • Assessor Parcel Number: 05-00154-00010
  • Tax Total Finished Sq Ft: 1200
  • Tax Year: 2020
  • Close Date: 02/17/2022

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
O & A Estate Llc
Bought by
Harris William S
Current Estimated Value
$186,614

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 27, 2022
Sold by
Michael Ceroli
Bought by
O & A Estate Llc
Seller's Agent
Peter Abdallah
Vantage Residential, LLC
Buyer's Agent
Laura Smith
RE/MAX Preferred - Cherry Hill
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.32%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Ramos Angel
Bought by
Ceroli Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2015
Sold by
117 E Federal Llc
Bought by
Ramos Angel

Purchase Details

Closed on
Apr 11, 2012
Sold by
Odonnell William P and Odonnell Ellen L
Bought by
119 E Federal Llc

Purchase Details

Closed on
Aug 4, 2009
Sold by
B & R Real Estate Llc
Bought by
Odonnell William P and Odonnell Ellen L

Purchase Details

Closed on
Apr 17, 2008
Sold by
Campbell Jeffrey and Campbell Marilyn
Bought by
B & R Real Estate Llc

Purchase Details

Closed on
Aug 9, 2006
Sold by
The City Of Burlington
Bought by
Campbell Jeffrey and Campbell Marilyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harris William S $145,000 None Listed On Document
O & A Estate Llc $80,000 S & H Abstract
Ceroli Michael $75,000 Global Title Inc
Ramos Angel $100,000 Attorney
119 E Federal Llc $55,000 Surety Title Corporation
Odonnell William P -- None Available
B & R Real Estate Llc $6,500 Foundation Title
Campbell Jeffrey $2,333 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ceroli Michael $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $80,000 -19.6% $67 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $99,500 -- $83 / 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 $2,823 $65,200 $13,500 $51,700
2024 $2,774 $65,200 $13,500 $51,700
2023 $2,774 $65,200 $13,500 $51,700
2022 $2,743 $65,200 $13,500 $51,700
2021 $2,703 $65,200 $13,500 $51,700
2020 $2,607 $65,200 $13,500 $51,700
2019 $2,486 $65,200 $13,500 $51,700
2018 $2,444 $65,200 $13,500 $51,700
2017 $2,369 $65,200 $13,500 $51,700
2016 $2,279 $65,200 $13,500 $51,700
2015 $2,198 $65,200 $13,500 $51,700
2014 $1,311 $65,200 $13,500 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2006606

Bright MLS

APN: 05-00154-0000-00010