NOT LISTED FOR SALE

13 N Railroad Ave Pedricktown, NJ 08067

Estimated Value: $323,372 - $423,000

-- Bed
-- Bath
3,580 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $275,000 $77 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,577/month

123 Days on Market

About This Home

As of November 2021

GREAT INVESTMENT PROPERTY! This historic quadruplex includes (4), 2 bedroom 1 bathroom units with additional space upstairs to make it whatever you desire! All units are currently tenant occupied. Current rental income is over $43,000 a year. Huge yard with private driveway and off street parking for tenants.

This property is being sold AS IS. Any inspections obtained are for informational purposes only. Seller will not be responsible for any repairs. All rental units have a current and valid CO. So many possibilities here! Don't miss out on this chance to own this historic property!

Last Agent to Sell the Property

Kara Thompson

Real Broker, LLC Listed on: 06/24/2021

Real Broker, LLC

Last Buyer's Agent

Kara Thompson

Real Broker, LLC Listed on: 06/24/2021

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,935

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot

Home Design

  • 3,580 Sq Ft Home
  • Quadruplex
  • Converted Dwelling
  • Frame Construction

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00041
  • Assessor Parcel Number 07-00007-00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,935

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: All personal property of existing tenants within units
  • Home Warranty: No
  • Inclusions: All contents not personal property of existing tenants
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: GREAT INVESTMENT PROPERTY! This historic quadruplex includes (4), 2 bedroom 1 bathroom units with additional space upstairs to make it whatever you desire! All units are currently tenant occupied. Current rental income is over $43,000 a year. Huge yard with private driveway and off street parking for tenants. This property is being sold AS IS. Any inspections obtained are for informational purposes only. Seller will not be responsible for any repairs. All rental units have a current and valid CO. So many possibilities here! Don't miss out on this chance to own this historic property!
  • Special Features: None

Interior Features

  • Total Sq Ft: 3580
  • Living Area Sq Ft: 3580
  • Price Per Sq Ft: 94.94
  • Above Grade Finished Sq Ft: 3580
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13

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
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Off Street, Parking Lot, On Street
  • Parking Lot Number Of Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: OLDMANS TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396395
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 221800.00
  • Land Assessed Value: 33900.00
  • Lot Size Acres: 0.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2198048
  • Tax Annual Amount: 6935.00
  • Assessor Parcel Number: 07-00007-00041
  • Tax Lot: 00041
  • Tax Total Finished Sq Ft: 3580
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/22/2021

MLS Schools

  • School District Name: OLDMANS TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 22, 2021
Sold by
Bond Shirley M
Bought by
King Companies Llc
Seller's Agent
Kara Thompson
Real Broker, LLC
Buyer's Agent
Kara Thompson
Real Broker, LLC
List Price
$339,900
Sold Price
$275,000
Premium/Discount to List
-$64,900
-19.09%
Total Days on Market
123
Current Estimated Value
$373,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,093
Avg. Annual Appreciation
10.10%
Original Mortgage
$3,535,000
Outstanding Balance
$3,291,420
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
-$2,895,019

Purchase Details

Closed on
Nov 4, 2020
Sold by
Bond Nancy J and Bond Shirley M
Bought by
Bond Shirley M

Purchase Details

Closed on
Feb 16, 2016
Sold by
Bond Willard K
Bought by
Bond Willard K
Source: Public Records

Range of Values:

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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
King Companies Llc $275,000 West Jersey Title Agency
Bond Shirley M -- None Available
Bond Willard K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Companies Llc $600,000
Open King Caroline $3,535,000
Closed King Companies Llc $219,000
Previous Owner Ferrell William H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $275,000 -19.1% $77 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $339,900 -- $95 / 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
2024 $6,704 $255,700 $33,900 $221,800
2023 $6,704 $255,700 $33,900 $221,800
2022 $6,988 $255,700 $33,900 $221,800
2021 $6,893 $255,700 $33,900 $221,800
2020 $6,935 $255,700 $33,900 $221,800
2019 $6,978 $255,700 $33,900 $221,800
2018 $6,881 $255,700 $33,900 $221,800
2017 $6,620 $255,700 $33,900 $221,800
2016 $6,206 $255,700 $33,900 $221,800
2015 $6,109 $255,700 $33,900 $221,800
2014 $6,173 $255,700 $33,900 $221,800
Source: Public Records

Agents Affiliated with this Home

  • Kara Thompson

    Seller's Agent in 2021

    Kara Thompson

    Real Broker, LLC

    (856) 304-9452

    10 Total Sales

    Kara Thompson
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Map

Source: Bright MLS

MLS Number: NJSA2000140

Bright MLS

APN: 07-00007-0000-00041

New Jersey Salem County Pedricktown 08067

13 N Railroad Ave, Pedricktown, NJ

This home is located at 13 N Railroad Ave, Pedricktown, NJ 08067 since 24 June 2021 and is currently estimated at $373,093, approximately $104 per square foot. This property was built in 1900. 13 N Railroad Ave is a home located in Salem County with nearby schools including Oldmans Township School.

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