Seller's Agent in 2021
Craig Berberich
Keller Williams Realty - Cherry Hill
(856) 745-8909
3 in this area
69 Total Sales
14 Franklin St Riverside, NJ 08075
Studio
--
Bath
3,963
Sq Ft
4,356
Sq Ft
Highlights
- No HOA
- 2-minute walk to Riverside
- Electric Baseboard Heater
- Forced Air Heating System
About This Home
As of February 2021Rare opportunity for a seven-plex cash flow machine. This property is conveniently located on a corner lot walking distance to the heart of historic Riverside Township and the light-rail station. The property offers ample parking int he rear of the building and a large yard. The building has 2 studios with private entry, 2 one bedrooms with private entry, another 1 bedroom with a shared entry and 2 two Bedrooms with two accesses, one private entry and one shared. All but 1 unit is occupied mostly with very long term tenants. Electric and gas are all separate. All township CO's are up to date and all state inspections are up to date. This is a true turnkey rental building waiting for its next investor.
Last Agent to Sell the Property
(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill Listed on: 11/19/2020
Last Buyer's Agent
(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill Listed on: 11/19/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,714
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 42.00 x 100.00
Home Design
- 3,963 Sq Ft Home
- Flat Roof Shape
- Frame Construction
Basement
- Partial Basement
- Exterior Basement Entry
- Dirt Floor
- Crawl Space
Home Security
- Fire Escape
- Flood Lights
Parking
- Public Parking
- Paved Parking
- Parking Lot
- Off-Site Parking
- Unassigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 30-00903-00008
Community Details
Overview
- No Home Owners Association
- 3-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $4,400
- Operating Expense $11,958
- Gross Income $57,900
- Net Operating Income $41,542
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $369,000 | -5.4% | $93 / Sq Ft |
| 12/15/2020 12/15/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $389,900 | -- | $98 / Sq Ft |
Source: Bright MLS
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 | $11,553 | $281,500 | $84,000 | $197,500 |
| 2024 | $11,257 | $281,500 | $84,000 | $197,500 |
| 2023 | $11,257 | $281,500 | $84,000 | $197,500 |
| 2022 | $11,024 | $281,500 | $84,000 | $197,500 |
| 2021 | $10,905 | $281,500 | $84,000 | $197,500 |
| 2020 | $10,714 | $281,500 | $84,000 | $197,500 |
| 2019 | $10,551 | $281,500 | $84,000 | $197,500 |
| 2018 | $8,959 | $240,500 | $75,000 | $165,500 |
| 2017 | $8,718 | $240,500 | $75,000 | $165,500 |
| 2016 | $8,393 | $240,500 | $75,000 | $165,500 |
| 2015 | $8,232 | $240,500 | $75,000 | $165,500 |
| 2014 | $7,867 | $240,500 | $75,000 | $165,500 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Berberich
Map
Source: Bright MLS
MLS Number: NJBL386988
APN: 30 00903-0000-00008
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