R
Seller's Agent in 2014
Raymond Adcock
RE/MAX
139 S Broad St Penns Grove, NJ 08069
Estimated Value: $223,260 - $325,000
--
Bed
--
Bath
2,292
Sq Ft
$116/Sq Ft
Est. Value
Highlights
- No HOA
- Mobility Improvements
- Wall to Wall Carpet
- 4 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of September 2014Great positive cash flow duplex. Large 1st floor 2 bedroom apartment that was just updated, painted and ready to be rented out again. There is a handicap ramp for this unit and an enclosed front porch! The 2nd floor apartment has 3 bedrooms with an unfinished third level for storage. Each unit has central air, separate utilities, two gas heaters, two gas hot water heaters and breaker box. In addition, as if that isn't enough, there is an oversized detached garage, approx. 60' X 24' with an office space. Currently rented for an additional $500 per month. Other features are Vinyl sided, large yard and plenty of off street parking. Projected annual income is $24,600/year. In good condition, but being sold "AS IS"
Last Agent to Sell the Property
Raymond Adcock
(443) 967-4445 rayadcock01@gmail.com OMNI Real Estate Professionals License #TREND:BADCOCRA Listed on: 07/11/2014
Last Buyer's Agent
Raymond Adcock
(443) 967-4445 rayadcock01@gmail.com OMNI Real Estate Professionals License #TREND:BADCOCRA Listed on: 07/11/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 90x183
- Property is in good condition
Parking
- 4 Car Detached Garage
- 4 Open Parking Spaces
- Garage Door Opener
- Driveway
- Parking Lot
Home Design
- 2,292 Sq Ft Home
- Duplex
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Penns Grove Middle School
- Penns Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Washer and Dryer Hookup
- Mobility Improvements
Listing and Financial Details
- Tax Lot 00003 02
- Assessor Parcel Number 08-00109-00003 02
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $1,200
- Maintenance Expense $1,000
- Operating Expense $9,383
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2014
Closed on
Oct 10, 2014
Sold by
Novellino Thomas
Bought by
Carter Carlton W
Seller's Agent
Raymond Adcock
OMNI Real Estate Professionals
Buyer's Agent
Raymond Adcock
OMNI Real Estate Professionals
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
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
$165,315
Avg. Annual Appreciation
9.13%
Original Mortgage
$75,000
Outstanding Balance
$57,477
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$207,838
Purchase Details
Closed on
Apr 15, 2004
Sold by
Mclemore Arlene T
Bought by
Novellino Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,335
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 1994
Sold by
Adams Marc N and Adams William
Bought by
Mclemore Joe W and Mclemore Arlene T
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 |
|---|---|---|---|
| Carter Carlton W | $100,000 | American Home Title Agency | |
| Novellino Thomas | $63,335 | West Jersey Title Agency Of | |
| Mclemore Joe W | $70,000 | West Jersey Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carter Carlton W | $75,000 | |
| Previous Owner | Novellino Thomas | $63,335 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2014 09/30/14 | Sold | $100,000 | -13.0% | $44 / Sq Ft |
| 08/26/2014 08/26/14 | Pending | -- | -- | -- |
| 07/11/2014 07/11/14 | For Sale | $115,000 | -- | $50 / 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 | $6,234 | $112,400 | $29,600 | $82,800 |
| 2024 | $6,025 | $112,400 | $29,600 | $82,800 |
| 2023 | $6,025 | $112,400 | $29,600 | $82,800 |
| 2022 | $5,808 | $112,400 | $29,600 | $82,800 |
| 2021 | $5,557 | $112,400 | $29,600 | $82,800 |
| 2020 | $5,630 | $112,400 | $29,600 | $82,800 |
| 2019 | $5,654 | $112,400 | $29,600 | $82,800 |
| 2018 | $6,245 | $154,800 | $28,200 | $126,600 |
| 2017 | $6,266 | $154,800 | $28,200 | $126,600 |
| 2016 | $6,029 | $154,800 | $28,200 | $126,600 |
| 2015 | $5,776 | $154,800 | $28,200 | $126,600 |
| 2014 | $5,712 | $154,800 | $28,200 | $126,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: 1003004130
APN: 08-00109-0000-00003-02
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