NOT LISTED FOR SALE

148 Broadway Westville, NJ 08093

Estimated Value: $196,658

2 Beds
1.5 Baths
1,391 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $185,000 $133 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,506/month

127 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of March 2024

Welcome to 148 Broadway! Income generating Residential & Commercial property. Rental income of $2,080/month. Featuring a prime storefront location rented for $630/month and a 3 story, 2 bedroom, spacious kitchen residence rented for $1,450/month. Landlord is charging rent below market estimates. Situated in the heart of downtown Westville, this golden opportunity is too good to pass up. The rear apartment features 2 bedrooms and one and a half baths, a 3rd floor with possible 3rd bedroom. Recently updated in 2019, upgrades including drywall, windows, siding, plumbing, electrical panels, gas boiler, tankless hot water heater and poured concrete patio. Spacious basement with plenty of headroom including outside access. The property has it all...Location, price, and income earning potential. Conveniently located within minutes of I-295, Rt.55 and Rt. 42 for easy access to Philadelphia, the Deptford Mall and Gloucester Township shopping outlets! Do not pass this up, call to make your appointment today. Property will be sold in AS IS condition.

DO NOT DISTURB TENANTS WITHOUT CONFIRM APPOINTMENT!!! Be patience as multiple tenants are involved. No Guarantee a best and final will be called for.

Last Agent to Sell the Property

Ashwin Rashatwar

Keller Williams Realty - Marlton License #1756480 Listed on: 10/04/2023

Keller Williams Realty - Marlton

Last Buyer's Agent

David Santana

Oakstreet Property Management License #1435237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1925

Lot Details

  • 2,378 Sq Ft Lot
  • Lot Dimensions are 29.00 x 82.00
  • Property is in good condition
  • Property is zoned COM

Home Design

  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • Private Parking
  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 21-00033-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,729

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Proeprty
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 148 Broadway! Income generating Residential & Commercial property. Rental income of $2,080/month. Featuring a prime storefront location rented for $630/month and a 3 story, 2 bedroom, spacious kitchen residence rented for $1,450/month. Landlord is charging rent below market estimates. Situated in the heart of downtown Westville, this golden opportunity is too good to pass up. The rear apartment features 2 bedrooms and one and a half baths, a 3rd floor with possible 3rd bedroom. Recently updated in 2019, upgrades including drywall, windows, siding, plumbing, electrical panels, gas boiler, tankless hot water heater and poured concrete patio. Spacious basement with plenty of headroom including outside access. The property has it all...Location, price, and income earning potential. Conveniently located within minutes of I-295, Rt.55 and Rt. 42 for easy access to Philadelphia, the Deptford Mall and Gloucester Township shopping outlets! Do not pass this up, call to make your appointment today. Property will be sold in AS IS condition. DO NOT DISTURB TENANTS WITHOUT CONFIRM APPOINTMENT!!! Be patience as multiple tenants are involved. No Guarantee a best and final will be called for.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1391
  • Living Area Sq Ft: 1391
  • Price Per Sq Ft: 150.90
  • Above Grade Finished Sq Ft: 1391
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: On Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: GATEWAY REGIONAL SCHOOLS
  • School District Key: 300200397473
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 29.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2378.00
  • Property Condition: Good, Average
  • Year Assessed: 2022
  • Zoning: COM

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5729.00
  • Assessor Parcel Number: 21-00033-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1391
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/28/2024

MLS Schools

  • School District Name: GATEWAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Mar 28, 2024
Sold by
Ymh Westville Llc
Bought by
Eligius Iv Llc
Seller's Agent
Ashwin Rashatwar
Keller Williams Realty - Marlton
Buyer's Agent
David Santana
Oakstreet Property Management
List Price
$209,900
Sold Price
$185,000
Premium/Discount to List
-$24,900
-11.86%
Views
117
Current Estimated Value
$196,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,658
Avg. Annual Appreciation
1.63%
Original Mortgage
$138,750
Outstanding Balance
$137,150
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$52,046

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 31, 2022
Sold by
Suhaan Property Llc
Bought by
Ymh Westville Llc
Seller's Agent
Ashwin Rashatwar
Keller Williams Realty - Marlton
Buyer's Agent
Ashwin Rashatwar
Keller Williams Realty - Marlton
List Price
$195,000
Sold Price
$123,000
Premium/Discount to List
-$72,000
-36.92%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.48%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Costro Total Home Improvement Llc
Bought by
Suhaan Property Llc

Purchase Details

Closed on
Nov 24, 1993
Sold by
Madgey Alan
Bought by
Matthews Michael and Matthews Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.72%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
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
Eligius Iv Llc $185,000 None Listed On Document
Ymh Westville Llc $123,000 --
Suhaan Property Llc $100,000 Hometown Title
Matthews Michael $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eligius Iv Llc $138,750
Previous Owner Matthews Michael $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $185,000 -11.9% $133 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $209,900 +70.7% $151 / Sq Ft
08/31/2022 08/31/22 Sold $123,000 -36.9% $88 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $195,000 -- $140 / 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 $5,212 $95,800 $27,500 $68,300
2024 $5,899 $95,800 $27,500 $68,300
2023 $5,899 $112,000 $27,500 $84,500
2022 $5,730 $112,000 $27,500 $84,500
2021 $5,625 $112,000 $27,500 $84,500
2020 $5,457 $112,000 $27,500 $84,500
2019 $5,313 $112,000 $27,500 $84,500
2018 $5,084 $112,000 $27,500 $84,500
2017 $5,221 $112,000 $27,500 $84,500
2016 $5,049 $112,000 $27,500 $84,500
2015 $4,823 $112,000 $27,500 $84,500
2014 $5,150 $138,600 $27,500 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2034832

Bright MLS

APN: 21-00033-0000-00012