Seller's Agent in 2022
R. Eric Axelson
Real Broker, LLC
(856) 979-5967
1 in this area
72 Total Sales
128 E Broad St Burlington, NJ 08016
Estimated Value: $182,000 - $225,000
5
Beds
1.5
Baths
1,626
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 4-minute walk to Burlington Towne Center
- Mobility Improvements
- No HOA
- Living Room
- 2-minute walk to Clarkson Playground
About This Home
As of April 2022Investment opportunity. One-unit investment property with a 9.82% cap rate. Currently rented and tenant would like to remain. Currently paying $1,600/month. Interior row home with side alley in downtown Burlington City. A true 5 bedroom with 1 on first floor. Located on Broad Street, about 1.5 blocks from High Street in both the New Yorkshire neighborhood and the Burlington City Municipal Historic District. Zoned TC-1 (Town Center District) which means the first floor could be converted and approved for use as an office, a shop, etc. FEATURES: Living room with built-in bookshelves. Kitchen remodeled 2001. Gas cooking, dishwasher, double sink, tile backsplash, pass-through window to dining room. Bedroom with original built-in armoire. Some original wood trim and five-panel doors throughout. Baseboard radiator heat, no central air, laundry in basement. Covered front porch. EDUCATION: Students may also attend the Burlington County Institute of Technology (BCIT) and the BCIT Academy of Performing Arts. TRANSPORTATION: Downtown Burlington, New Jersey is a transit village where with one connection, you’re in New York City. Close to Routes 130, 95, 295, the NJ and PA Turnpikes, and the Burlington-Bristol Bridge. NJ Transit bus service to Trenton, Camden and Philadelphia. River Line light rail to Trenton and Camden with connections to New York City and Philadelphia. INVESTOR ANALYSIS: Low taxes, but flood insurance mean expenses could be $4,469.
Last Agent to Sell the Property
(856) 979-5967 eaxelson.re@gmail.com Real Broker, LLC License #RM424600 Listed on: 01/06/2022
Last Buyer's Agent
(609) 502-2829 roxanne.howell@lnf.com Long & Foster Real Estate, Inc. License #571046
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,624
Year Built
- Built in 1900
Lot Details
- 2,664 Sq Ft Lot
- Lot Dimensions are 18x148
- North Facing Home
- Historic Home
- Property is in average condition
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Stone Foundation
- Frame Construction
Interior Spaces
- 1,626 Sq Ft Home
- Property has 3 Levels
- Living Room
- Dining Room
Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
Unfinished Basement
- Partial Basement
- Laundry in Basement
Parking
- Alley Access
- On-Street Parking
Schools
- Captain James Lawrence Elementary School
- Wilbur Watts Intermediate School
- Burlington City High School
Utilities
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Mobility Improvements
- Flood Risk
Community Details
- No Home Owners Association
- Yorkshire Subdivision
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 05-00138 01-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2022
Closed on
Apr 20, 2022
Sold by
Danial Beshoy E
Bought by
Conway Fayola O and Woolbright Nathaniel L
Seller's Agent
R. Eric Axelson
Real Broker, LLC
Buyer's Agent
Roxanne Howell
Long & Foster Real Estate, Inc.
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
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
$61,134
Avg. Annual Appreciation
9.89%
Original Mortgage
$10,000
Outstanding Balance
$9,472
Interest Rate
5.25%
Estimated Equity
$196,662
Purchase Details
Closed on
Nov 7, 2018
Sold by
Wells Fargo Bank Na
Bought by
Daniel Beshoy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,507
Interest Rate
5.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 17, 2018
Sold by
Burno Joseph A and Bruno Jusesa Y
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jul 3, 2001
Sold by
Hud
Bought by
Bruno Joseph A and Bruno Jusesa Y
Purchase Details
Closed on
Feb 21, 2001
Sold by
Dennis Savannah and Henley Charmaine
Bought by
Hud
Purchase Details
Closed on
Jul 30, 1997
Sold by
Costello Phillip M and Costello James F
Bought by
Dennis Savannah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,969
Interest Rate
7.47%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Conway Fayola O | $145,000 | Infinity Title | |
| Daniel Beshoy E | $45,000 | Orange Coast Lender Services | |
| Wells Fargo Bank Na | $108,634 | Stewart Title Co | |
| Bruno Joseph A | $30,511 | Surety Title Corporation | |
| -- | $30,500 | -- | |
| Hud | -- | -- | |
| Dennis Savannah | $59,000 | Federation Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conway Fayola O | $10,000 | |
| Open | Conway Fayola O | $142,373 | |
| Previous Owner | Daniel Beshoy E | $62,507 | |
| Previous Owner | Dennis Savannah | $58,969 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/26/2022 04/26/22 | Sold | $145,000 | +3.6% | $89 / Sq Ft | |
| 02/27/2022 02/27/22 | Pending | -- | -- | -- | |
| 02/17/2022 02/17/22 | Price Changed | $140,000 | -6.7% | $86 / Sq Ft | |
| 01/06/2022 01/06/22 | For Sale | $150,000 | 0.0% | $92 / Sq Ft | |
| 01/31/2020 01/31/20 | Rented | $1,600 | 0.0% | -- | |
| 01/27/2020 01/27/20 | Under Contract | -- | -- | -- | |
| 11/21/2019 11/21/19 | Price Changed | $1,600 | -5.9% | $1 / Sq Ft | |
| 10/07/2019 10/07/19 | For Rent | $1,700 | 0.0% | -- | |
| 01/23/2019 01/23/19 | Sold | $45,000 | +5.9% | $28 / Sq Ft | View Prior Sale |
| 10/23/2018 10/23/18 | Pending | -- | -- | -- | |
| 10/04/2018 10/04/18 | For Sale | $42,500 | -- | $26 / 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 | $3,022 | $69,800 | $11,000 | $58,800 |
| 2024 | $2,969 | $69,800 | $11,000 | $58,800 |
| 2023 | $2,969 | $69,800 | $11,000 | $58,800 |
| 2022 | $2,663 | $63,300 | $11,000 | $52,300 |
| 2021 | $2,624 | $63,300 | $11,000 | $52,300 |
| 2020 | $2,531 | $63,300 | $11,000 | $52,300 |
| 2019 | $2,414 | $63,300 | $11,000 | $52,300 |
| 2018 | $2,466 | $65,800 | $11,000 | $54,800 |
| 2017 | $2,391 | $65,800 | $11,000 | $54,800 |
| 2016 | $2,300 | $65,800 | $11,000 | $54,800 |
| 2015 | $2,218 | $65,800 | $11,000 | $54,800 |
| 2014 | $2,145 | $65,800 | $11,000 | $54,800 |
Source: Public Records
Agents Affiliated with this Home
-
R. Eric Axelson
-
Roxanne Howell
Buyer's Agent in 2022
Roxanne Howell
Long & Foster
(609) 502-2829
1 in this area
2 Total Sales
-
Anwar Eskaros
Seller's Agent in 2020
Anwar Eskaros
BHHS Fox & Roach
(732) 599-3025
13 in this area
46 Total Sales
-
Albin Garcia
A
Seller's Agent in 2019
Albin Garcia
Garcia Realtors
(609) 396-3400
2 in this area
128 Total Sales
-
Yenmi Marte
Y
Seller Co-Listing Agent in 2019
Yenmi Marte
Garcia Realtors
(609) 847-2292
1 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2014254
APN: 05-00138-01-00011
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