NOT LISTED FOR SALE

136 N Read Ave Runnemede, NJ 08078

Estimated Value: $309,755 - $347,000

-- Bed
-- Bath
1,428 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $180,000 $126 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,531/month

26 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Paneling

About This Home

As of August 2019

A ONE OF A KIND RARE FIND!! TWO HOUSES ON ONE LOT. GRANFATHERED USE. THIS IS A GREAT INVESTMENT OPPORTUNITY. PRESENTLY OWNER OCCUPIED MAIN HOUSE WITH L/R,F/R, 2 B/R, 1 BATH WITH FULL BASEMENT AND THE REAR UNIT TENANT OCCUPIED ALSO 2 B/R 1 BATH WITH FULL KITCHEN, ENCLOSED PORCH AND UTILITY/LAUNDRY ROOM. THIS IS A UNIQUE PROPERTY FOR THE SAVY INVESTOR LIVE IN ONE UNIT AND RENT THE OTHER UNIT OR WOULD MAKE FOR A GREAT MOTHER-IN-LAW OPPORTUNITY. THE REAR UNIT HAS UPDATED ELECTRIC, KITCHEN AND W/W CARPETING. THE ESTIMATED RENTAL INCOME OF THE MAIN UNIT WOULD BE APPROXIMATLY $1,600 AND THE REAR UNIT WOULD BE $1,200-$1,300. THE REAR DWELLING IS PRESENTLY OCCUPIED, HOWEVER THE TENENT IS MOVING OUT WITHIN 30 DAYS. COME AND SEE THIS UNIQUE PROPERTY. THE SALE IS AS IS ANY AND ALL REPAIRS CALLED FOR BY THE TOWNSHIP AND OR LENDER IS THE RESPONSIBILITY OF THE BUYER.

Last Agent to Sell the Property

JOHN VARTEBEDIAN

Family Five Homes Listed on: 06/18/2019

Last Buyer's Agent

Lisa Hanna

Penzone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,847

Year Built

  • Built in 1952

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75.00 x 125.00
  • Flag Lot
  • Property is in good condition

Home Design

  • Duplex
  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • Paneling
  • 1 Fireplace
  • Replacement Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Volz Middle School
  • Triton High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 00018
  • Assessor Parcel Number 30-00063-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,847

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: WASHER/DRYER, REFRIGERATOR NEGOTIABLE
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1952
  • Remarks Public: A ONE OF A KIND RARE FIND!! TWO HOUSES ON ONE LOT. GRANFATHERED USE. THIS IS A GREAT INVESTMENT OPPORTUNITY. PRESENTLY OWNER OCCUPIED MAIN HOUSE WITH L/R,F/R, 2 B/R, 1 BATH WITH FULL BASEMENT AND THE REAR UNIT TENANT OCCUPIED ALSO 2 B/R 1 BATH WITH FULL KITCHEN, ENCLOSED PORCH AND UTILITY/LAUNDRY ROOM. THIS IS A UNIQUE PROPERTY FOR THE SAVY INVESTOR LIVE IN ONE UNIT AND RENT THE OTHER UNIT OR WOULD MAKE FOR A GREAT MOTHER-IN-LAW OPPORTUNITY. THE REAR UNIT HAS UPDATED ELECTRIC, KITCHEN AND W/W CARPETING. THE ESTIMATED RENTAL INCOME OF THE MAIN UNIT WOULD BE APPROXIMATLY $1,600 AND THE REAR UNIT WOULD BE $1,200-$1,300. THE REAR DWELLING IS PRESENTLY OCCUPIED, HOWEVER THE TENENT IS MOVING OUT WITHIN 30 DAYS. COME AND SEE THIS UNIQUE PROPERTY. THE SALE IS AS IS ANY AND ALL REPAIRS CALLED FOR BY THE TOWNSHIP AND OR LENDER IS THE RESPONSIBILITY OF THE BUYER.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven - Wall
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Block
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1428
  • Living Area Sq Ft: 1428
  • Price Per Sq Ft: 125.98
  • Above Grade Finished Sq Ft: 1428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 136

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Spa: No
  • 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: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: RUNNEMEDE PUBLIC
  • Middle School: VOLZ SCHOOL
  • High School: TRITON
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396991
  • School District Source: 3rd Party
  • High School: TRITON
  • Middle Or Junior School: VOLZ SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147700.00
  • Land Assessed Value: 47800.00
  • Lot Features: Flag
  • Lot Size Acres: 0.22
  • Lot Dimensions: 75.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9375.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R1
  • Zoning Description: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Sewer
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1920448
  • Tax Annual Amount: 7847.00
  • Assessor Parcel Number: 30-00063-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 1428
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/30/2019

MLS Schools

  • School District Name: RUNNEMEDE PUBLIC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 20, 2019
Sold by
Shubert Patricia A
Bought by
Mandis Richard
Seller's Agent
JOHN VARTEBEDIAN
Family Five Homes
Buyer's Agent
Lisa Hanna
Penzone Realty
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$327,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,689
Avg. Annual Appreciation
10.84%
Original Mortgage
$176,739
Outstanding Balance
$157,284
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$170,406

Purchase Details

Closed on
May 13, 2014
Sold by
Wetton Richard J
Bought by
Wetton Richard J
Source: Public Records

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Range of Values:

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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
Mandis Richard $180,000 Your Hometown Title Llc
Wetton Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandis Richard $176,739
Previous Owner Shubert Patricia A $69,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $180,000 +0.1% $126 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $179,900 0.0% $126 / Sq Ft
04/26/2016 04/26/16 Rented $1,200 -4.0% --
04/15/2016 04/15/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $1,250 -- --
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 $8,541 $195,500 $47,800 $147,700
2023 $8,541 $195,500 $47,800 $147,700
2022 $8,270 $195,500 $47,800 $147,700
2021 $8,074 $195,500 $47,800 $147,700
2020 $7,994 $195,500 $47,800 $147,700
2019 $7,847 $195,500 $47,800 $147,700
2018 $7,697 $195,500 $47,800 $147,700
2017 $7,499 $195,500 $47,800 $147,700
2016 $7,406 $195,500 $47,800 $147,700
2015 $7,427 $195,500 $47,800 $147,700
2014 $7,331 $195,500 $47,800 $147,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JOHN VARTEBEDIAN

    Family Five Homes

    (856) 656-1987

    1 in this area

    2 Total Sales

    JOHN VARTEBEDIAN
    Section Image
  • Lisa Hanna

    Buyer's Agent in 2019

    Lisa Hanna

    Penzone Realty

    (609) 471-0770

    7 Total Sales

    Lisa Hanna
    Section Image
  • Nancy Kowalik

    Seller's Agent in 2016

    Nancy Kowalik

    Your Home Sold Guaranteed, Nancy Kowalik Group

    (856) 478-3122

    1 in this area

    537 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    JEFFERY SISSON

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: NJCD369062

Bright MLS

APN: 30-00063-0000-00018

New Jersey Camden County Runnemede 08078

136 N Read Ave, Runnemede, NJ

This home is located at 136 N Read Ave, Runnemede, NJ 08078 since 18 June 2019 and is currently estimated at $327,689, approximately $229 per square foot. This property was built in 1952. 136 N Read Ave is a home located in Camden County with nearby schools including Mary E. Volz Elementary School, Bingham Elementary School, and Triton High School.

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