NOT LISTED FOR SALE

1200 E Main St Millville, NJ 08332

Estimated Value: $220,072 - $267,000

Studio
-- Bath
1,798 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $187,000 $104 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,579/month

5 Days on Market

About This Home

As of August 2023

DUPLEX ALERT! Fantastic Opportunity! Brings in $1,800 monthly! Each unit features 2 bedrooms & 1 full bathroom. Separate utilities. Each unit is rented at $900 per month. Owner has never raised rents. Plenty of potential to generate even more cash flow! Tenants are currently month to month. Leases are attached to the MLS. Public water & sewer. Great cash flowing property & will not last long! Call the listing agent to inquire today!

Last Agent to Sell the Property

Max Lomas

(855) 450-0442 debroker@therealbrokerage.com Real Broker LLC License #RS342877 Listed on: 06/30/2023

Last Buyer's Agent

Angela Gonzalez

(856) 494-8080 rob@betternjagents.com Better Homes and Gardens Real Estate Maturo License #2077436

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 42.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 1,798 Sq Ft Home
  • Duplex
  • Traditional Architecture

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 10-00443-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,525

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1798
  • Living Area Sq Ft: 1798
  • Price Per Sq Ft: 122.36
  • Above Grade Finished Sq Ft: 1798
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below 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: 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: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 42.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: DUPLEX

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 3525.00
  • Assessor Parcel Number: 10-00443-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 4, 2023
Sold by
Clay James A
Bought by
Robina Properties Llc
Seller's Agent
Max Lomas
Real Broker LLC
Buyer's Agent
Angela Gonzalez
Better Homes and Gardens Real Estate Maturo
List Price
$220,000
Sold Price
$187,000
Premium/Discount to List
-$33,000
-15%
Views
240
Current Estimated Value
$245,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,018
Avg. Annual Appreciation
11.51%
Original Mortgage
$130,368
Outstanding Balance
$127,381
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$117,637

Purchase Details

Listed on
Nov 27, 2017
Closed on
Feb 9, 2018
Sold by
Mcgraw Gregory M
Bought by
Clay James A
Seller's Agent
Edwina Pennino
RE/MAX Preferred - Vineland
Buyer's Agent
David Sorantino
Keller Williams Prime Realty
List Price
$120,000
Sold Price
$107,000
Premium/Discount to List
-$13,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$80,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
R & R Rentals Llc
Bought by
Mcgraw Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Thompson Lewis N
Bought by
R & R Rental Llc

Purchase Details

Closed on
Jan 13, 1994
Sold by
Champion Barbara
Bought by
Thompson Glenn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robina Properties Llc $187,000 None Listed On Document
Robina Properties Llc $187,000 None Listed On Document
Clay James A $107,000 --
Mcgraw Gregory M $150,000 --
R & R Rental Llc $62,500 --
Thompson Glenn $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robina Properties Llc $130,368
Closed Robina Properties Llc $130,368
Previous Owner Clay James A $80,250
Previous Owner Mcgraw Gregory M $127,500
Closed Thompson Glenn $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $187,000 -15.0% $104 / Sq Ft
06/30/2023 06/30/23 For Sale $220,000 +105.6% $122 / Sq Ft
02/09/2018 02/09/18 Sold $107,000 -10.8% $60 / Sq Ft View Prior Sale
01/05/2018 01/05/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $120,000 -- $67 / Sq Ft
Source: Bright MLS

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 $3,650 $93,000 $22,400 $70,600
2024 $3,620 $93,000 $22,400 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2013318

Bright MLS

APN: 10-00443-0000-00005