Seller's Agent in 2024
Robert Bunis
Prime Realty Partners
(609) 220-6311
1 in this area
376 Total Sales
1215 Kings Hwy Swedesboro, NJ 08085
Estimated Value: $310,000 - $347,000
--
Bed
--
Bath
2,292
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Gen. Charles G. Harker School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of July 2024Are you looking for a savvy investment or to owner-occupy a Duplex that can offset your mortgage and living expenses? Well, this is it!! This Multi-Family Property in Swedesboro's Downtown is conveniently located on the historic part of the strip. Unit A is completely renovated with a new kitchen and bathroom, laundry in unit, and has a large living room and dining room for comfortable living. 2 Bedrooms of Unit A are on the first floor. Unit B has a similar layout but has a bonus third floor. This gives the space an extra space allowing for a higher market rent than the renovated unit. Unit B also has a long-term tenant that is currently month to month. Property has great income potential for an Investor. The property is a 45-minute drive from Philadelphia and about an hour and 15 minutes from Philadelphia. Schedule a Showing.
Last Agent to Sell the Property
Prime Realty Partners License #RS351154 Listed on: 05/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,457
Year Built
- Built in 1920
Lot Details
- 8,024 Sq Ft Lot
- Lot Dimensions are 59.00 x 136.00
Home Design
- Duplex
- Colonial Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- 2,292 Sq Ft Home
- Basement
- Dirt Floor
Parking
- Dirt Driveway
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for real estate taxes
- Tax Lot 00011 01
- Assessor Parcel Number 17-00027-00011 01
Community Details
Overview
- 2 Units
- 2-Story Building
- Wrenfield Subdivision
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
Jul 23, 2024
Sold by
1215 Kings Highway Llc
Bought by
Cherry Bilal
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
Parisha Smith
Real Broker, LLC
List Price
$299,995
Sold Price
$330,000
Premium/Discount to List
$30,005
10%
Views
10
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
$4,903
Avg. Annual Appreciation
1.35%
Original Mortgage
$16,500
Outstanding Balance
$3,377
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$331,526
Purchase Details
Listed on
Jul 24, 2020
Closed on
Oct 13, 2020
Sold by
Berrios Carlos and Berrios Bonnie
Bought by
1215 Kings Highway Llc
Seller's Agent
Toni Beltz
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Jason Garrett
NJ Realty Pros
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%
Original Mortgage
$127,500
Interest Rate
2.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 2009
Sold by
Moreno Efrain and Moreno Luz E
Bought by
Berrios Carlos and Berrios Bonnie J
Purchase Details
Closed on
Nov 28, 2007
Sold by
Vera Ramon and Vera Rosa
Bought by
Moreno Efrain
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 28, 2006
Sold by
Vera Ramon
Bought by
Vera Ramon and Vera Rosa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherry Bilal | $330,000 | Alliance Abstract | |
| 1215 Kings Highway Llc | $175,000 | Foundation Ttl Llc Roseland | |
| Berrios Carlos | $80,000 | None Available | |
| Moreno Efrain | $75,000 | Franklin Title Agency | |
| Vera Ramon | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cherry Bilal | $16,500 | |
| Open | Cherry Bilal | $324,022 | |
| Previous Owner | 1215 Kings Highway Llc | $127,500 | |
| Previous Owner | Moreno Efrain | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2024 07/23/24 | Sold | $330,000 | +10.0% | $144 / Sq Ft |
| 06/02/2024 06/02/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $299,995 | +62.2% | $131 / Sq Ft |
| 10/09/2020 10/09/20 | Sold | $185,000 | -2.1% | $81 / Sq Ft |
| 09/28/2020 09/28/20 | Price Changed | $189,000 | 0.0% | $82 / Sq Ft |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- |
| 07/24/2020 07/24/20 | For Sale | $189,000 | -- | $82 / 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 |
|---|---|---|---|---|
| 2025 | $7,539 | $177,300 | $35,300 | $142,000 |
| 2024 | $7,473 | $177,300 | $35,300 | $142,000 |
| 2023 | $7,473 | $177,300 | $35,300 | $142,000 |
| 2022 | $7,457 | $177,300 | $35,300 | $142,000 |
| 2021 | $7,463 | $177,300 | $35,300 | $142,000 |
| 2020 | $7,198 | $177,300 | $35,300 | $142,000 |
| 2019 | $7,071 | $177,300 | $35,300 | $142,000 |
| 2018 | $7,140 | $177,300 | $35,300 | $142,000 |
| 2017 | $7,101 | $177,300 | $35,300 | $142,000 |
| 2016 | $7,094 | $177,300 | $35,300 | $142,000 |
| 2015 | $6,890 | $177,300 | $35,300 | $142,000 |
| 2014 | $7,064 | $192,700 | $44,300 | $148,400 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Bunis
-
Parisha Smith
Buyer's Agent in 2024
Parisha Smith
Real Broker, LLC
(215) 834-3030
2 in this area
136 Total Sales
-
Toni Beltz
Seller's Agent in 2020
Toni Beltz
BHHS Fox & Roach
(609) 706-1252
6 in this area
89 Total Sales
-
Jason Garrett
Buyer's Agent in 2020
Jason Garrett
NJ Realty Pros
(732) 580-4712
1 in this area
142 Total Sales
Map
Source: Bright MLS
MLS Number: NJGL2043150
APN: 17-00027-0000-00011-01
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