SOLD MAY 9, 2023
RENTED JAN 15, 2025
12 Haddon Ave Haddon Township, NJ 08108
Haddon Township Neighborhood
--
Bed
--
Bath
2,052
Sq Ft
2,701
Sq Ft Lot
About This Home
As of May 2023FULLY LEASED!!! Excellent INVESTOR OPPORTUNITY on Haddon Ave. in the popular Westmont District! This 2-Story mixed-use Building has approx. 2052 sq. ft of rentable space, plus a Basement. Both units are LEASED for a combined rental income of $2,705/mo. Both Tenants pay their own Heat and Electric. This Mixed-Use Building consists of 1st Floor Commercial Space and a 2nd Floor Residential 2BR Apartment. There are Front and Rear Entrances for both units. Access to the rear is via an alleyway off of French Ave. There are 2 parking spots in the back being used by the 2nd Floor Apartment. The 1st Floor Commercial space has been leased by the same Tenant since 2017. The Current Rent is $1,275/mo. thru March 2024, then increases to $1,300/mo. thru March 2025. The Tenant pays own Heat and Electric. The large Front Room (approx. 33x17) is being used as the showroom space. The Back Room (17x16) is being used for inventory storage, plus has a Powder Room. The Tenant also has access to the Basement for additional Storage. The 1st Floor is serviced by a newer Mini-Split system for Heat and Air Conditioning. The 2nd Floor 2 Bedroom Apartment is currently leased thru Sept. 30, 2024 @ $1,430/mo. Tenant pays Heat and Electric. A stackable Washer/Dryer and Refrigerator are included for Tenant’s use. The apartment has a large open concept Living Room/Dining Room, Kitchen with Door out to the rear NEW Deck/Stairs, 2 Bedrooms and one Bathroom. The 2nd Floor is serviced by Oil Radiator Heat. The Window A/C units belong to the Tenant. The Landlord pays the Water, Sewer, CCMUA and the PSEG service for the Hot Water Heater and some exterior common lighting. OTHER NOTABLES include: NEW Roof 2022, NEW Deck/Stairs in the back 2022, 1st Floor Mini-Split System about 3 years old, Gas Hot Water Heater about 5 years old, Separate Electric Meters for each Unit, Newer above-ground Oil Tank in the Basement (to replace the previous above ground Tank which has been disposed of). Due to the mixed-use Zoning, Commercial Financing will be needed. Plan accordingly. (Also listed in COMMERCIAL Category MLS #NJCD2043818)
Last Agent to Sell the Property
EXP Realty, LLC License #8545165 Listed on: 03/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,842
Year Built
- Built in 1915
Lot Details
- 2,701 Sq Ft Lot
- Lot Dimensions are 18.00 x 150.00
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,052 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- Driveway
- On-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Natural Gas Water Heater
Community Details
- 2 Units
- Westmont Subdivision
Listing and Financial Details
- The owner pays for real estate taxes, water, sewer
- Tax Lot 00019
- Assessor Parcel Number 16-00020 16-00019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
May 9, 2023
Sold by
Sand Investments I Llc
Bought by
Ju Dong Shi
Seller's Agent
Teresa McKenna
EXP Realty, LLC
Buyer's Agent
Yun Lu
RealtyMark Properties
List Price
$375,000
Sold Price
$375,000
Views
180
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,598
Avg. Annual Appreciation
2.72%
Purchase Details
Closed on
Jun 20, 2007
Sold by
Smith Robert Douglas and Smith Helen P
Bought by
Sand Investments 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | Aglobal Title | |
| Deed | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Rented | $1,950 | 0.0% | -- |
| 01/05/2025 01/05/25 | Under Contract | -- | -- | -- |
| 12/28/2024 12/28/24 | For Rent | $1,950 | 0.0% | -- |
| 05/09/2023 05/09/23 | Sold | $375,000 | 0.0% | $183 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $375,000 | 0.0% | $183 / Sq Ft |
| 02/01/2017 02/01/17 | Rented | $1,290 | +2.0% | -- |
| 01/10/2017 01/10/17 | Under Contract | -- | -- | -- |
| 12/01/2016 12/01/16 | For Rent | $1,265 | +6.3% | -- |
| 08/15/2015 08/15/15 | Rented | $1,190 | +6.7% | -- |
| 08/04/2015 08/04/15 | Under Contract | -- | -- | -- |
| 05/23/2015 05/23/15 | For Rent | $1,115 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,350 | $187,000 | $27,700 | $159,300 |
| 2023 | $7,350 | $172,500 | $27,700 | $144,800 |
| 2022 | $6,843 | $172,500 | $27,700 | $144,800 |
| 2021 | $7,238 | $172,500 | $27,700 | $144,800 |
| 2020 | $6,817 | $172,500 | $27,700 | $144,800 |
| 2019 | $6,571 | $172,500 | $27,700 | $144,800 |
| 2018 | $6,529 | $172,500 | $27,700 | $144,800 |
| 2017 | $6,417 | $172,500 | $27,700 | $144,800 |
| 2016 | $6,296 | $172,500 | $27,700 | $144,800 |
| 2015 | $6,436 | $172,500 | $27,700 | $144,800 |
| 2014 | $6,331 | $172,500 | $27,700 | $144,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Wuertz
Seller's Agent in 2025
John Wuertz
BHHS Fox & Roach
(856) 912-3219
4 in this area
360 Total Sales
-
Teresa McKenna
Seller's Agent in 2023
Teresa McKenna
EXP Realty, LLC
(856) 287-5317
1 in this area
53 Total Sales
-
Yun Lu
Y
Buyer's Agent in 2023
Yun Lu
RealtyMark Properties
(215) 888-8558
1 in this area
24 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2043826
APN: 16-00020-16-00019
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