1202 New Peach St Vineland, NJ 08360
--
Bed
--
Bath
1,595
Sq Ft
0.64
Acres
About This Home
As of September 2024Calling first-time homebuyers and investors! Considering a duplex can be a smart move since it offers the benefits of homeownership with the added potential of rental income to help pay the mortgage. This alone, makes duplexes a hot new home type to consider. One of the most alluring aspects of this duplex is its dual-unit setup. Essentially, you get two properties under one roof, providing flexibility in how you choose to use the space. Whether you decide to rent out both units or live in one and rent the other, the financial advantages are significant. Vineland, known for its wonderful, giving people, prides itself on maintaining a small-town character while embracing progress and growth. The friendly business environment and cost of living well below the state average make Vineland an attractive place to call home. Unlike many properties, this duplex does not come with HOA fees, making it more affordable to maintain. Each unit can be rented out, potentially offering a more appealing option to renters compared to traditional apartments. Additionally, the maintenance costs can be lower than managing two individual rental units, adding to the financial benefits. Each side offers 2 bedrooms, a full bath and basement w/laundry and separate meters for water and electric. Situated on the Maurice River, just 33 miles south of Philadelphia and 38 miles from the Atlantic Ocean, Vineland boasts a unique location with easy access to major cities and natural beauty. Don't miss out on this fantastic opportunity to own a duplex in Vineland, rich in history, including being the birthplace of Welch's Grape Juice and home to the largest farmer's cooperative on the East Coast. Experience the best of both worlds with suburban tranquility and a vibrant community.
Last Agent to Sell the Property
Keller Williams Realty - Cherry Hill Listed on: 07/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,526
Year Built
- Built in 1920
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 150.00 x 185.00
- Ground Rent
Home Design
- 1,595 Sq Ft Home
- Duplex
- Side-by-Side
- Vinyl Siding
- Concrete Perimeter Foundation
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Gravel Driveway
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
- On Site Septic
Additional Features
- Unfinished Basement
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 00024
- Assessor Parcel Number 14-02705-00024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Sep 6, 2024
Sold by
Acosta Ismael
Bought by
Chavez Fonseca Francisca A
Seller's Agent
Karina Infante
Keller Williams Realty - Cherry Hill
Buyer's Agent
Jacqueline Acevedo
Keller Williams Realty - Moorestown
List Price
$295,000
Sold Price
$315,000
Premium/Discount to List
$20,000
6.78%
Total Days on Market
9
Views
83
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
$5,283
Avg. Annual Appreciation
2.30%
Original Mortgage
$279,000
Outstanding Balance
$277,300
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$42,983
Purchase Details
Closed on
Apr 24, 2007
Sold by
Torres Ivette
Bought by
Acosta Ismael
Similar Homes in Vineland, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $310,000 | Old Republic Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $279,000 | New Conventional | |
| Previous Owner | $1,179,300 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $315,000 | +6.8% | $197 / Sq Ft |
| 08/31/2024 08/31/24 | Price Changed | $295,000 | 0.0% | $185 / Sq Ft |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- |
| 07/23/2024 07/23/24 | Off Market | $295,000 | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $295,000 | -- | $185 / Sq Ft |
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 | $4,556 | $143,100 | $32,100 | $111,000 |
| 2023 | $4,526 | $143,100 | $32,100 | $111,000 |
| 2022 | $4,392 | $143,100 | $32,100 | $111,000 |
| 2021 | $4,312 | $143,100 | $32,100 | $111,000 |
| 2020 | $4,189 | $143,100 | $32,100 | $111,000 |
| 2019 | $4,131 | $143,100 | $32,100 | $111,000 |
| 2018 | $4,023 | $143,100 | $32,100 | $111,000 |
| 2017 | $3,821 | $143,100 | $32,100 | $111,000 |
| 2016 | $3,686 | $143,100 | $32,100 | $111,000 |
| 2015 | $3,550 | $143,100 | $32,100 | $111,000 |
| 2014 | $3,357 | $143,100 | $32,100 | $111,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karina Infante
Seller's Agent in 2024
Karina Infante
Keller Williams Realty - Cherry Hill
(201) 463-3791
140 Total Sales
-
Jacqueline Acevedo
Buyer's Agent in 2024
Jacqueline Acevedo
Keller Williams Realty - Moorestown
(609) 858-4350
61 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2019018
APN: 14-02705-0000-00024
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