NOT LISTED FOR SALE

14 E Merchant St Audubon, NJ 08106

Estimated Value: $385,000 - $478,000

-- Bed
-- Bath
2,091 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $279,900 $134 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,930/month

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Main Floor Bedroom
  • Dual Staircase
  • Deck
  • Combination Kitchen and Living

About This Home

As of April 2021

Welcome to 14 E Merchant St! Beautiful Audubon Hometown Living!! Turn Key! This home is currently being used as a duplex but offers 3 potential options! Investor Alert for Double Income, 2 Spacious Units! Excellent Rental History ..OR Move right in and live in 1, rent the other! ..OR Convert to Single Family, would't take much. Must See! Gorgeous Space and Fabulous Natural Light! Unit A 1 Bedroom 1 Bath , Dining Room, Lower Level offers plenty of closet space, beautiful living room with bay window, full kitchen with granite countertop, nice size pantry, washer/dryer, storage in basement. Unit B has great entry with seating bench and jacket/key hooks, 2 Bedrooms, 1 bath , full kitchen with granite countertops and nice size pantry, Upper level, 3 ceiling fans, 2 levels, great closet space, washer/dryer.

Last Agent to Sell the Property

Cheryl Chambers

(609) 220-1813 cheryl.chambers@kw.com Keller Williams Realty - Cherry Hill License #2081601 Listed on: 03/26/2021

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Ronald Woods

(856) 979-6555 rwoods@lvlrealtors.com Prominent Properties Sotheby's International Realty License #8837256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Colonial Architecture
  • Dwelling with Rental
  • Plaster Walls
  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • Dual Staircase
  • Ceiling Fan
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Bay Window
  • Sliding Windows
  • Combination Kitchen and Living
  • Dining Area

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Gas Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Drainage System
  • Sump Pump
  • Drain
  • Shelving
  • Workshop
  • Basement Windows

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits
  • Low Pile Carpeting

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outbuilding
  • Porch

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Window Unit Cooling System
  • Dehumidifier
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Programmable Thermostat
  • 120/240V
  • 60 Gallon+ Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heat, water, sewer
  • Tax Lot 00016
  • Assessor Parcel Number 01-00031-00016

Community Details

Overview

  • No Home Owners Association
  • 4-Story Building

Building Details

  • 2 Vacant Units
  • Rent Control
  • Operating Expense $2,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,082

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental, Dwelling W/Separate Living Area, Colonial
  • Accessibility Features: 2+ Access Exits, Low Pile Carpeting
  • Ownership: Fee Simple
  • Exclusions: 5 window A/C units negotiable
  • Home Warranty: No
  • Inclusions: Unit A Washer, Dryer, Refrigerator, Dishwasher, Unit B Washer, Dryer, Refrigerator, Dishwasher , All Appliance as is, where is condition. 2 Sheds as is, where is condition
  • New Construction: No
  • Expected On Market: 2021-03-27
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to 14 E Merchant St! Beautiful Audubon Hometown Living!! Turn Key! This home is currently being used as a duplex but offers 3 potential options! Investor Alert for Double Income, 2 Spacious Units! Excellent Rental History ..OR Move right in and live in 1, rent the other! ..OR Convert to Single Family, would't take much. Must See! Gorgeous Space and Fabulous Natural Light! Unit A 1 Bedroom 1 Bath , Dining Room, Lower Level offers plenty of closet space, beautiful living room with bay window, full kitchen with granite countertop, nice size pantry, washer/dryer, storage in basement. Unit B has great entry with seating bench and jacket/key hooks, 2 Bedrooms, 1 bath , full kitchen with granite countertops and nice size pantry, Upper level, 3 ceiling fans, 2 levels, great closet space, washer/dryer.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Gas, Energy Star Dishwasher, Energy Star Refrigerator, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Carpet, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Pantry, Tub Shower
  • Window Features: Bay/Bow, Double Hung, Double Pane, Replacement, Sliding
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Drain, Drainage System, Shelving, Unfinished, Windows, Workshop, Sump Pump, Full
  • Total Sq Ft: 2091
  • Living Area Sq Ft: 2091
  • Price Per Sq Ft: 181.02
  • Above Grade Finished Sq Ft: 1491
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Blown-In Insulation, Concrete, Copper Plumbing
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • 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
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Dehumidifier, Programmable Thermostat, Window Unit(s)
  • Monthly Average Electric: 75
  • Previous Twelve Months Electric Expense: 900.00
  • Electric Service: 120/240V, Circuit Breakers
  • Gas Avg Month: 75.00
  • Gas Prev12 Months: 900.00
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone
  • Monthly Water Average: 35
  • Water Previous Twelve Months: 420.00
  • Water Source: Community, Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • School District Key: 300200396982
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 116400.00
  • Land Assessed Value: 80000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: DUAL
  • Zoning Description: Zoned for Duplex or Single Family

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Heat, Water, Sewer
  • Rent Control: Yes
  • Total Actual Rent: 28200.00
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Operating Expense: 2220.00

Tax Info

  • Assessor Parcel Number: 1768432
  • Tax Annual Amount: 7082.00
  • Assessor Parcel Number: 01-00031-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1491
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/29/2021

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Wagner Jesse J and Wagner Linda L
Bought by
Wagner Jesse J and Wagner Linda L
Current Estimated Value
$427,993

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 29, 2021
Sold by
Harrison Eric A and Harrison Sandra J
Bought by
Wagner Jesse J and Wagner Jesse J
Seller's Agent
Cheryl Chambers
Keller Williams Realty - Cherry Hill
Buyer's Agent
Ronald Woods
Prominent Properties Sotheby's International Realty
List Price
$269,900
Sold Price
$279,900
Premium/Discount to List
$10,000
3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$216,800
Outstanding Balance
$198,550
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$226,240

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bonvardo Frank J
Bought by
Harrison Eric A and Harrison Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.15%
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
Wagner Jesse J -- None Available
Wagner Jesse J $279,900 City Abstract
Harrison Eric A $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Jesse J $216,800
Previous Owner Harrison Eric A $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $279,900 +3.7% $134 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $269,900 -- $129 / 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 $7,929 $196,400 $80,000 $116,400
2024 $7,665 $196,400 $80,000 $116,400
2023 $7,665 $196,400 $80,000 $116,400
2022 $7,461 $196,400 $80,000 $116,400
2021 $7,145 $196,400 $80,000 $116,400
2020 $7,082 $196,400 $80,000 $116,400
2019 $6,988 $196,400 $80,000 $116,400
2018 $6,902 $196,400 $80,000 $116,400
2017 $6,758 $196,400 $80,000 $116,400
2016 $6,581 $196,400 $80,000 $116,400
2015 $6,367 $196,400 $80,000 $116,400
2014 $6,306 $196,400 $80,000 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD415824

Bright MLS

APN: 01-00031-0000-00016