NOT LISTED FOR SALE

Estimated Value: $344,880 - $376,000

-- Bed
-- Bath
1,695 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $230,000 $136 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,572/month

38 Days on Market

Highlights

  • 0.78 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • Colonial Architecture
  • 3 Car Detached Garage
  • Bathtub with Shower

About This Home

As of April 2021

3 Unit Building, with two units on first floor and one on upper floor. Each has its own separate entrance. There is a large basement with 3 washer and dryer units each for tenant use. This property has been drastically updated in the last two years with new gutters and downspouts, soffits, general repairs, new gas heating units and water heaters. It is fully rented. There is plenty of driveway and parking lot parking for up to 12 cars, including a 3 car garage with unfinished office and storage in separate building on the property, that could generate even more rental income if garages are rented out or offices finished for rental. This property already generates great revenue but there is much more potential income for the right investor. Being sold as is where is. Seller will not do repairs except for minimal up to $500 of required to obtain CO. Current owner pays water and sewer $478.50/quarter sewer, $375/quarter water.

Last Agent to Sell the Property

Kari Schneider

(609) 230-6294 kstherealtor@gmail.com Garden State Properties Group - Medford License #1650476 Listed on: 02/05/2021

Garden State Properties Group - Medford

Last Buyer's Agent

Omar Din

(267) 918-0890 omardinrealtor@gmail.com EXP Realty, LLC License #RS358935

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,067

Year Built

  • Built in 1926

Lot Details

  • 0.78 Acre Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 9 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Side Facing Garage
  • Shared Driveway
  • Dirt Driveway
  • Parking Lot

Home Design

  • 1,695 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Shingle Roof
  • Asphalt Roof

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • West Deptford Elementary School
  • West Deptford Middle School
  • West Deptford High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Multi-Tank Natural Gas Water Heater
  • Multi-Tank High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, water, real estate taxes
  • Tax Lot 00010
  • Assessor Parcel Number 20-00003-00010

Community Details

Overview

  • No Home Owners Association
  • 2-Story Building

Building Details

  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,067

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Washer, Water Heater - High-Efficiency
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Carpet, Kitchen - Eat-In, Primary Bath(s), Stall Shower, Tub Shower
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Walkout Stairs
  • Total Sq Ft: 1695
  • Living Area Sq Ft: 1695
  • Price Per Sq Ft: 135.40
  • Above Grade Finished Sq Ft: 1695
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Asphalt, Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Dirt Driveway, Shared Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage - Side Entry, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Detached Garage, Driveway, Parking Lot
  • Parking Lot Number Of Spaces: 9

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Multi-Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 1500.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WEST DEPTFORD
  • High School: WEST DEPTFORD H.S.
  • Middle Or Junior School: WEST DEPTFORD M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 177700.00
  • Land Assessed Value: 58800.00
  • Lot Size Acres: 0.78
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33759.00
  • Property Condition: Good
  • Zoning: MULTI RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 35000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 37200.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Assessor Parcel Number: 2047772
  • Tax Annual Amount: 8067.00
  • Assessor Parcel Number: 20-00003-00010
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WEST DEPTFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 21, 2021
Sold by
Tile Robin Hood Reimbursement Fndn Llc
Bought by
Momoni & Associates Llc
Seller's Agent
Kari Schneider
Garden State Properties Group - Medford
Buyer's Agent
Omar Din
EXP Realty, LLC
List Price
$229,500
Sold Price
$230,000
Premium/Discount to List
$500
0.22%
Current Estimated Value
$359,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,220
Avg. Annual Appreciation
10.09%
Original Mortgage
$172,500
Outstanding Balance
$155,995
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$203,225

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 24, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
The Robin Hood Reimbursement Foundation
Seller's Agent
KIM NELSON
Graham/Hearst Real Estate Company
Buyer's Agent
Kari Schneider
Garden State Properties Group - Medford
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.02%
Original Mortgage
$104,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2016
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 4, 1999
Sold by
Ranieri John V and Ranieri Vincent E
Bought by
Henkel Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Momoni & Associates Llc $230,000 Foundation Title Llc
Momoni & Associates Llc $230,000 Foundation Title
The Robin Hood Reimbursement Foundation $72,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Henkel Brian $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Momoni & Associates Llc $172,500
Closed Momoni & Associates Llc $172,500
Previous Owner The Robin Hood Reimbursement Foundation $104,500
Previous Owner Henkel Brian $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold $230,000 +0.2% $136 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $229,500 0.0% $135 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $229,500 -0.2% $135 / Sq Ft
02/05/2021 02/05/21 Off Market $230,000 -- --
02/05/2021 02/05/21 For Sale $229,500 0.0% $135 / Sq Ft
03/01/2020 03/01/20 Rented $1,150 +9.5% --
01/23/2020 01/23/20 Price Changed $1,050 +5.0% $1 / Sq Ft
01/23/2020 01/23/20 Price Changed $1,000 -9.1% $1 / Sq Ft
09/27/2019 09/27/19 For Rent $1,100 0.0% --
11/09/2017 11/09/17 Sold $72,000 -4.0% $39 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $75,000 -16.6% $41 / Sq Ft
07/17/2017 07/17/17 For Sale $89,900 0.0% $49 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $89,900 -- $49 / 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
2025 $8,259 $236,500 $58,800 $177,700
2024 $8,152 $236,500 $58,800 $177,700
2023 $8,152 $236,500 $58,800 $177,700
2022 $8,114 $236,500 $58,800 $177,700
2021 $8,086 $236,500 $58,800 $177,700
2020 $8,067 $236,500 $58,800 $177,700
2019 $7,842 $236,500 $58,800 $177,700
2018 $7,175 $222,400 $58,800 $163,600
2017 $7,008 $222,400 $58,800 $163,600
2016 $6,812 $222,400 $58,800 $163,600
2015 $6,490 $222,400 $58,800 $163,600
2014 $6,167 $222,400 $58,800 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL270948

Bright MLS

APN: 20-00003-0000-00010