125 Franklin Ave West Berlin, NJ 08091
Berlin Township NeighborhoodHighlights
- Second Kitchen
- Deck
- Rambler Architecture
- 0.56 Acre Lot
- Traditional Floor Plan
- Wood Flooring
About This Home
As of October 2022Calling all investors! This solid duplex in West Berlin is the investment property of your dreams! All brick rancher with unit A featuring 3 bedrooms, 2 full bathrooms and a full finished basement with a 2nd kitchen and another full bathroom ($1,750/month). Unit B features 2 bedrooms, 1 full bath, and a full finished basement with an additional full bathroom($1,200/month). Both units have a gas fireplace in the living room. Both units tenants are on month to month leases and would like to stay. Our seller is aware that rents are below current market value. They have not raised rent since originally leased in 2018. Tenants pay rent on time, all utilities and exterior maintenance. Each unit is metered separately! Owner pays property taxes and insurance.
Last Agent to Sell the Property
Keller Williams Realty - Washington Township License #8932672
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,787
Year Built
- Built in 1965
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 154.00 x 157.00
- Corner Lot
- Back and Side Yard
- Property is in very good condition
Home Design
- Duplex
- Rambler Architecture
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,076 Sq Ft Home
- Traditional Floor Plan
- Ceiling Fan
- 2 Fireplaces
- Combination Kitchen and Dining Room
- Garden Views
- Attic
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Gas Oven or Range
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
- Walk-in Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 8 Parking Spaces
- 8 Driveway Spaces
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Shed
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 2 Units
- Pinecrest Subdivision
Listing and Financial Details
- The owner pays for real estate taxes, insurance
- Tax Lot 00002 01
- Assessor Parcel Number 06-00302-00002 01
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Rented | $2,200 | 0.0% | -- |
| 05/18/2023 05/18/23 | Under Contract | -- | -- | -- |
| 04/28/2023 04/28/23 | For Rent | $2,200 | +25.7% | -- |
| 02/06/2023 02/06/23 | Rented | $1,750 | 0.0% | -- |
| 02/02/2023 02/02/23 | Under Contract | -- | -- | -- |
| 01/05/2023 01/05/23 | For Rent | $1,750 | 0.0% | -- |
| 10/21/2022 10/21/22 | Sold | $350,000 | -11.4% | $169 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 06/30/2022 06/30/22 | For Sale | $395,000 | 0.0% | $190 / Sq Ft |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | Price Changed | $395,000 | +5.4% | $190 / Sq Ft |
| 05/13/2022 05/13/22 | For Sale | $374,890 | 0.0% | $181 / Sq Ft |
| 07/10/2015 07/10/15 | Rented | $1,600 | 0.0% | -- |
| 07/09/2015 07/09/15 | Under Contract | -- | -- | -- |
| 06/07/2015 06/07/15 | For Rent | $1,600 | 0.0% | -- |
| 02/01/2012 02/01/12 | Rented | $1,600 | 0.0% | -- |
| 01/19/2012 01/19/12 | Under Contract | -- | -- | -- |
| 12/13/2011 12/13/11 | For Rent | $1,600 | -- | -- |
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 | $9,886 | $249,200 | $48,500 | $200,700 |
| 2023 | $9,886 | $249,200 | $48,500 | $200,700 |
| 2022 | $8,970 | $232,800 | $48,500 | $184,300 |
| 2021 | $8,788 | $232,800 | $48,500 | $184,300 |
| 2020 | $8,814 | $232,800 | $48,500 | $184,300 |
| 2019 | $8,681 | $232,800 | $48,500 | $184,300 |
| 2018 | $8,702 | $232,800 | $48,500 | $184,300 |
| 2017 | $8,595 | $232,800 | $48,500 | $184,300 |
| 2016 | $8,537 | $232,800 | $48,500 | $184,300 |
| 2015 | $8,380 | $144,800 | $36,000 | $108,800 |
| 2014 | $8,246 | $144,800 | $36,000 | $108,800 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $110,000 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | -- | |
| Deed | $205,000 | -- | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: NJCD2025548
APN: 06-00302-0000-00002-01
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