NOT LISTED FOR SALE

125 N Route 73 West Berlin, NJ 08091

Estimated Value: $687,706

-- Bed
-- Bath
4,788 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $535,000 $112 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,967/month

137 Days on Market

Highlights

  • 0.46 Acre Lot
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

LOCATION, LOCATION, LOCATION! Amazing opportunity! Investor/Occupant Opportunity! This property features 3 separate office spaces. Unit 1 is currently rented for $2,400 monthly. Unit 2 will be rented at $2,400 monthly. Unit 3 is rented for $1,350 per month. This property has the ability to bring in over $6,150 per month. Unit 3 is currently vacant and is ready to be occupied or rented. So much to offer and will not last! Call to schedule a private showing today!

Last Agent to Sell the Property

Max Lomas

(215) 207-8676 maxelomas@gmail.com Real Broker LLC License #RS342877 Listed on: 06/13/2022

Last Buyer's Agent

Robert Greenblatt

(856) 296-4131 robert@robertgreenblatt.com Weichert Realtors - Moorestown License #788893

Weichert Realtors - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,178

Year Built

  • Built in 1959

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100.00 x 200.00

Parking

  • Parking Lot

Home Design

  • 4,788 Sq Ft Home
  • Traditional Architecture
  • Frame Construction

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 06-01301-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,178

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 4788
  • Living Area Sq Ft: 4788
  • Price Per Sq Ft: 114.85
  • Above Grade Finished Sq Ft: 4788
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 236900.00
  • Land Assessed Value: 165200.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 100.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19998.00
  • Zoning: C1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1781605
  • Tax Annual Amount: 15178.00
  • Assessor Parcel Number: 06-01301-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: BERLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 17, 2022
Sold by
125 N Route 73 Associates Llc
Bought by
Safegrounds Llc
Seller's Agent
Max Lomas
Real Broker LLC
Buyer's Agent
Robert Greenblatt
Weichert Realtors - Moorestown
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Views
36
Current Estimated Value
$687,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,706
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Oct 1, 2004
Sold by
The Winters Grp
Bought by
Nj State Dept Of Transportatio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Safegrounds Llc $535,000 Core Title
Safegrounds Llc $535,000 Core Title
Nj State Dept Of Transportatio $6,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $535,000 -2.7% $112 / Sq Ft
06/13/2022 06/13/22 For Sale $549,900 -- $115 / 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 $16,156 $402,100 $165,200 $236,900
2024 $15,951 $402,100 $165,200 $236,900
2023 $15,951 $402,100 $165,200 $236,900
2022 $15,493 $402,100 $165,200 $236,900
2021 $15,179 $402,100 $165,200 $236,900
2020 $15,224 $402,100 $165,200 $236,900
2019 $14,994 $402,100 $165,200 $236,900
2018 $15,031 $402,100 $165,200 $236,900
2017 $14,846 $402,100 $165,200 $236,900
2016 $14,745 $402,100 $165,200 $236,900
2015 $16,204 $280,000 $150,000 $130,000
2014 $15,946 $280,000 $150,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2028244

Bright MLS

APN: 06-01301-0000-00003