$435,000
SOLD JAN 9, 2025

120 E Main St Wrightstown, NJ 08562

-- Bed
-- Bath
2,016 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

6% Below List Price

349 Days on Market

About This Home

As of January 2025

4 long time tenants that pay every month. The roof and siding were done a few years back. 1 Br. 1st floor lease up 10/31/24 $790 a month. 2 Br. 1st floor lease up 3/31/26 $815 a month. 2 Br. second floor lease up 10/31/26 $815 a month. 1 Br. 2nd floor lease up 10/31/26 $790 a month. Nothing to do but collect a check.
Taxes $4933 yearly. Water and sewer $2060 a year and Insurance $2317 a year.

Last Agent to Sell the Property

Mark Meyers

Keller Williams Shore Properties License #0898319 Listed on: 10/06/2023

Keller Williams Shore Properties

Last Buyer's Agent

Mark Meyers

Keller Williams Shore Properties License #0898319 Listed on: 10/06/2023

Keller Williams Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1940

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,016 Sq Ft Home
  • Quadruplex
  • Poured Concrete
  • Frame Construction

Basement

  • Exterior Basement Entry
  • Sump Pump

Schools

  • Northern Burlington County Regional High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, sewer, water, insurance
  • Tax Lot 00001
  • Assessor Parcel Number 40-00506-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,932

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: 4 long time tenants that pay every month. The roof and siding were done a few years back. 1 Br. 1st floor lease up 10/31/24 $790 a month. 2 Br. 1st floor lease up 3/31/26 $815 a month. 2 Br. second floor lease up 10/31/26 $815 a month. 1 Br. 2nd floor lease up 10/31/26 $790 a month. Nothing to do but collect a check. Taxes $4933 yearly. Water and sewer $2060 a year and Insurance $2317 a year.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Sump Pump
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 230.65
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Multi Units, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NORTH HANOVER TOWNSHIP PUBLIC SCHOOLS
  • High School: NORTHERN BURLINGTON COUNTY REGIONAL
  • High School Source: 3rd Party
  • School District Key: 300200397003
  • School District Source: 3rd Party
  • High School: NORTHERN BURLINGTON COUNTY REGIONAL

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Taxes - Real Estate, Sewer, Water, Insurance
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 4932.00
  • Assessor Parcel Number: 40-00506-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2016
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/09/2025

MLS Schools

  • School District Name: NORTH HANOVER TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
120 East Main Holdings Llc
Bought by
120 E Main St Llc
Total Days on Market
349
Current Estimated Value
$456,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2017
Sold by
Lindstrand Romeo R
Bought by
120 East Main Holdings Llc and Meyers Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1980
Bought by
Lindstrand Romeo R
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $442,250 Westcor Land Title
Deed $442,250 Westcor Land Title
Deed $250,000 Anchor Title Agency
Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $348,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $88,100 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $435,000 -6.5% $216 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $465,000 0.0% $231 / Sq Ft
08/01/2024 08/01/24 Off Market $465,000 -- --
07/11/2024 07/11/24 For Sale $465,000 0.0% $231 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/05/2024 05/05/24 Price Changed $465,000 -1.1% $231 / Sq Ft
04/07/2024 04/07/24 Price Changed $470,000 -1.1% $233 / Sq Ft
03/23/2024 03/23/24 Price Changed $475,000 -0.6% $236 / Sq Ft
03/16/2024 03/16/24 Price Changed $478,000 -0.2% $237 / Sq Ft
02/19/2024 02/19/24 Price Changed $479,000 -0.2% $238 / Sq Ft
02/03/2024 02/03/24 Price Changed $480,000 -0.8% $238 / Sq Ft
01/27/2024 01/27/24 Price Changed $484,000 -0.2% $240 / Sq Ft
12/31/2023 12/31/23 For Sale $485,000 0.0% $241 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $485,000 -3.0% $241 / Sq Ft
10/06/2023 10/06/23 For Sale $500,000 -- $248 / 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 $4,933 $150,200 $15,000 $135,200
2023 $4,933 $150,200 $15,000 $135,200
2022 $4,503 $150,200 $15,000 $135,200
2021 $4,366 $150,200 $15,000 $135,200
2020 $4,420 $150,200 $15,000 $135,200
2019 $4,375 $150,200 $15,000 $135,200
2018 $4,173 $150,200 $15,000 $135,200
2017 $3,744 $150,200 $15,000 $135,200
2016 $4,404 $117,500 $13,750 $103,750
2015 $4,317 $117,500 $13,750 $103,750
2014 $4,621 $117,500 $13,750 $103,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2054446

Bright MLS

APN: 40-00506-0000-00001