NOT LISTED FOR SALE

12 Lake Ave Bridgeton, NJ 08302

Studio
-- Bath
2,064 Sq Ft
10,400 Sq Ft Lot

Last Sold March 11, 2022

Last sale price $107,500 $52 Per Sq Ft

135 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Forced Air Heating System

About This Home

As of March 2022

Investment opportunity in historic Quinton, NJ! Side-by-Side duplex, with two 3-bed, 1 bath , 1,000 Sq Ft units. Each unit has separate basement, walk-up attic, driveway and fenced yard. Both Occupied on month-to-month leases, long-term tenants desire to stay. <$3,000 total property tax (2020). Separated utilities, paid by tenants. Sold strictly as-is. Cash or Conventional financing.

Last Agent to Sell the Property

Nicholas 'Nick' Nowak

(856) 559-7571 Nick@NickNowakRealtor.com EXP REALTY, LLC License #17588544 Listed on: 09/20/2021

EXP REALTY, LLC

Last Buyer's Agent

Jackie Capoferri

(856) 332-8583 jackie@skellyrealestate.com S. Kelly Real Estate LLC License #1541079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1890

Lot Details

  • 10,400 Sq Ft Lot
  • Lot Dimensions are 65.00 x 160.00
  • Cleared Lot
  • Property is in average condition

Home Design

  • 2,064 Sq Ft Home
  • Duplex
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway
  • On-Street Parking

Schools

  • Quinton Township Elementary And Middle School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 00005
  • Assessor Parcel Number 12-00026-00005

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property, including all appliances in Unit #12
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Foundation Details: Stone
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Price Per Sq Ft: 53.29
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

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

Schools

  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: QUINTON TOWNSHIP SCHOOL
  • Middle Or Junior School: QUINTON TOWNSHIP SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 68000.00
  • Land Assessed Value: 16600.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.24
  • Lot Dimensions: 65.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10400.00
  • Property Condition: Below Average, Average
  • Zoning: VR
  • Zoning Description: Village Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2214037
  • Tax Annual Amount: 2675.00
  • Assessor Parcel Number: 12-00026-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: QUINTON TOWNSHIP PUBLIC SCHOOLS
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $107,500 -2.3% $52 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
09/20/2021 09/20/21 For Sale $110,000 +92.3% $53 / Sq Ft
07/03/2020 07/03/20 Sold $57,200 0.0% -- View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
04/14/2020 04/14/20 Off Market $57,200 -- --
12/26/2019 12/26/19 Price Changed $66,500 -0.6% --
09/25/2019 09/25/19 Price Changed $66,900 -0.7% --
08/05/2019 08/05/19 Price Changed $67,400 -0.1% --
07/23/2019 07/23/19 Price Changed $67,500 -1.5% --
05/01/2019 05/01/19 Price Changed $68,500 -2.0% --
03/20/2019 03/20/19 Price Changed $69,900 -6.2% --
03/14/2019 03/14/19 Price Changed $74,500 -12.9% --
01/19/2018 01/19/18 For Sale $85,500 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2001186

Bright MLS