NOT LISTED FOR SALE

126-128 S Main St Glassboro, NJ 08028

-- Bed
-- Bath
2,388 Sq Ft
0.4 Acres

Last Sold December 12, 2014

Last sale price $320,000 $134 Per Sq Ft

Highlights

  • 0.4 Acre Lot
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2014

6 Unit Property consisting of a 4plex (each is 1BR), a single family house and a garage located in far back of property. Excellent condition. Fully leased. Plenty of parking. Located within 200 meters of Rowan University. Many long term tenants here. Landlord is responsible for taxes, insurance and water/sewer bills only. Seller says bring all reasonable offers. Motivated. Agent: Only 2 units to be shown. More can be shown with acceptable offer/contingent on review of docs and other units.

Last Agent to Sell the Property

DAVID BURNS

DavidBurns@KW.com Keller Williams Realty - Cherry Hill Listed on: 07/24/2014

Last Buyer's Agent

John Mealy

(609) 685-6234 coal123@msn.com Peze & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,924

Year Built

  • Built in 1948

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 66x289
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,388 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Glassboro Middle School
  • Glassboro High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 06-00045-00007

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $31
  • Insurance Expense $5,862
  • Maintenance Expense $2,399
  • Other Expense $7,738
  • Operating Expense $26,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,924

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 7738.00
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2388
  • Living Area Sq Ft: 2388
  • Price Per Sq Ft: 141.96
  • Above Grade Finished Sq Ft: 2388
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Flat, Pitched, 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: 8
  • Parking Features: Private
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 31.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 4000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: GLASSBORO
  • Middle Or Junior School: GLASSBORO

Lot Info

  • Improvement Assessed Value: 153500.00
  • Land Assessed Value: 55500.00
  • Lot Size Acres: 0.40
  • Lot Dimensions: 66X289
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17337.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 49135.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1985501
  • Tax Annual Amount: 6924.00
  • Assessor Parcel Number: 06-00045-00007
  • Tax Lot: 00007
  • Tax Year: 2014

MLS Schools

  • School District Name: GLASSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2014
Closed on
Dec 14, 2014
Sold by
Randazzo Salvatore and Randazzo Linda
Bought by
Sjdcco Llc
Seller's Agent
DAVID BURNS
Keller Williams Realty - Cherry Hill
Buyer's Agent
John Mealy
Peze & Associates
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
4.02%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 9, 2008
Sold by
Msc Llc
Bought by
Randazzo Salvatore and Randazzo Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2002
Sold by
William D Hanna Real Estate Co
Bought by
Msc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2002
Sold by
Eastern Sights Inc
Bought by
William D Hanna Real Estate Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Sjdcco Llc $320,000 Attorney
Randazzo Salvatore $400,000 None Available
Msc Llc $210,000 Congress Title
William D Hanna Real Estate Company -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sjdcco Llc $396,750
Previous Owner Randazzo Salvatore $225,000
Previous Owner Msc Llc $165,000
Previous Owner William D Hanna Real Estate Company $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $320,000 -5.6% $134 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $339,000 -- $142 / 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 $10,384 $295,000 $86,800 $208,200
2024 $10,322 $295,000 $86,800 $208,200
2023 $10,322 $295,000 $86,800 $208,200
2022 $10,219 $295,000 $86,800 $208,200
2021 $10,393 $295,000 $86,800 $208,200
2020 $10,452 $295,000 $86,800 $208,200
2019 $10,470 $295,000 $86,800 $208,200
2018 $10,475 $295,000 $86,800 $208,200
2017 $10,526 $295,000 $86,800 $208,200
2016 $12,367 $356,900 $86,800 $270,100
2015 $12,099 $356,900 $86,800 $270,100
2014 $6,079 $183,500 $66,900 $116,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DAVID BURNS

    Keller Williams Realty - Cherry Hill

  • J

    Buyer's Agent in 2014

    John Mealy

    Peze & Associates

    (609) 685-6234

    10 Total Sales

    John Mealy
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003019956

Bright MLS

APN: 06-00045-0000-00006

New Jersey Gloucester County Glassboro 08028

126-128 S Main St, Glassboro, NJ

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