NOT LISTED FOR SALE

125 Jessup St Paulsboro, NJ 08066

Estimated Value: $192,000 - $248,000

2 Beds
1 Bath
1,560 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $100,000 $64 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,548/month

271 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 3-minute walk to Baird Recreation Area
  • Baseboard Heating

About This Home

As of June 2016

INVESTORS! Or if you want to live in one side and keep the 2nd side rented. Great condition and ready for occupancy. Great investment property, one story ranch style with crawlspace. 2 Side-by-side units each with 2 bedrooms, 1 bath, kitchen and living room. All nice sized closets. Nice size yard, 50 x 150 with shed. All neutral painted walls thoughout, NEW carpeting, partial fenced yard, convenient location. One unit currently occupied by tenants, other unit just vacated. 2 Refrigerators included. Area for washer and dryer in each unit. Double concrete pad for 2-car parking, wall A/C units in one unit, other unit has no A/C.

Last Agent to Sell the Property

Lydine Petrutz

(856) 981-0930 lydinesellsrealestate@gmail.com Romano Realty Listed on: 08/26/2015

Last Buyer's Agent

Maureen Fusco

(856) 716-0746 maureenfuscorealtor@gmail.com Keller Williams Hometown License #9808058

Keller Williams Hometown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is in good condition

Home Design

  • 1,560 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Schools

  • Loudenslager Elementary School
  • Paulsboro High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,279

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 14-00127-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,279

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All Appliances On Both Sides As Is Condition, Light Fixtures
  • New Construction: No
  • Year Built: 1980
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 76.92
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: LOUDENSLAGER
  • High School: PAULSBORO

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 10800.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4279.00
  • Assessor Parcel Number: 14-00127-00003
  • Tax Lot: 00003
  • Tax Year: 2015

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jun 24, 2016
Sold by
Bahal Lisa
Bought by
Stephco3 Llc
Seller's Agent
Lydine Petrutz
Romano Realty
Buyer's Agent
Maureen Fusco
Keller Williams Hometown
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$219,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,022
Avg. Annual Appreciation
8.66%
Original Mortgage
$75,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2009
Sold by
Matti Balram and Matti Reenamatte
Bought by
Bahal Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1996
Sold by
Miller Dennis D and Miller Betsy A
Bought by
Matti Balram and Matti Reenamatte
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
Stephco3 Llc $100,000 American Land Title Assn
Bahal Lisa $145,000 Homestead Title Agency
Matti Balram $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephco3 Llc $75,000
Previous Owner Bahal Lisa $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $100,000 +11011.1% $64 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
03/01/2016 03/01/16 Rented $900 0.0% --
02/16/2016 02/16/16 Under Contract -- -- --
12/04/2015 12/04/15 For Rent $900 0.0% --
08/26/2015 08/26/15 For Sale $125,000 -- $80 / 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 $4,792 $108,900 $17,400 $91,500
2024 $4,787 $108,900 $17,400 $91,500
2023 $4,787 $108,900 $17,400 $91,500
2022 $4,700 $108,900 $17,400 $91,500
2021 $4,609 $108,900 $17,400 $91,500
2020 $4,580 $108,900 $17,400 $91,500
2019 $4,437 $108,900 $17,400 $91,500
2018 $4,183 $108,900 $17,400 $91,500
2017 $4,165 $108,900 $17,400 $91,500
2016 $4,304 $118,100 $17,400 $100,700
2015 $4,279 $118,100 $17,400 $100,700
2014 $4,897 $145,400 $20,300 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002687842

Bright MLS

APN: 14-00127-0000-00003