NOT LISTED FOR SALE

Estimated Value: $306,702 - $377,000

-- Bed
1 Bath
1,958 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $340,000 $174 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,633/month

38 Days on Market

Highlights

  • Wood Siding
  • Hot Water Baseboard Heater
  • 4-minute walk to Spring Garden Park

About This Home

As of October 2023

Great opportunity to begin your investing career here!! Established area, close to schools, lots of upside with some minimal upgrades. The property has one side occupied at $1400 (under-rented), and the other vacant. The taxes are low $8,000 per year. no historical maintenance records are available. Some mechanicals have been updated. This is a diamond in the rough and will prove to be the proverbial "cash-cow" investors look for. *******SELLER NOW CONSIDERING HIGHEST AND BEST SHOWINGS ARE STILL PERMITTED, BUT THIS IS AN ESTATE AND THE SELLER S ARE LOOKING FOR A STRICTLY AS-IS SALE. SELLER TO MAKE ALL DISCLOSURES TO THE BEST OF THEIR KNOWLEGE. BEEN IN SAME FAMILY FOR DECADES ******* Please see agent remarks for details

Last Listed By

Anthony Balboni

Key Properties Real Estate License #8438839 Listed on: 06/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 1911

Lot Details

  • 7,871 Sq Ft Lot
  • Lot Dimensions are 62.00 x 127.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,958 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • Income includes apartment rentals
  • Gross Income $33,600

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 30-01503-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,230

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: tenants possessions
  • New Construction: No
  • Expected On Market: 2023-06-30
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1958
  • Living Area Sq Ft: 1958
  • Price Per Sq Ft: 153.17
  • Above Grade Finished Sq Ft: 1958
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15-17

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396961
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 62.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7871.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 8230.00
  • Assessor Parcel Number: 30-01503-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1958
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/06/2023

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 13, 2023
Sold by
Jester Anne Z
Bought by
Ozeas Deolivera
Seller's Agent
Anthony Balboni
Key Properties Real Estate
Buyer's Agent
Paula Jukel
American Realty Co.
List Price
$299,900
Sold Price
$340,000
Premium/Discount to List
$40,100
13.37%
Total Days on Market
38
Views
162
Current Estimated Value
$348,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,426
Avg. Annual Appreciation
1.43%
Original Mortgage
$238,000
Outstanding Balance
$234,642
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$113,048

Purchase Details

Closed on
Apr 16, 2019
Sold by
Jester Jester Anne Z Anne Z and Jester Wilard F
Bought by
Jester Anne Z

Range of Values:

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Average Value
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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
Ozeas Deolivera $340,000 None Listed On Document
Jester Anne Z -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozeas Deolivera $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $340,000 +13.4% $174 / Sq Ft
08/08/2023 08/08/23 For Sale $299,900 0.0% $153 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $299,900 0.0% $153 / Sq Ft
10/01/2016 10/01/16 Rented $1,200 0.0% --
09/21/2016 09/21/16 Under Contract -- -- --
08/23/2016 08/23/16 For Rent $1,200 0.0% --
03/15/2012 03/15/12 Rented $1,200 -7.7% --
03/01/2012 03/01/12 Under Contract -- -- --
09/01/2011 09/01/11 For Rent $1,300 -- --
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 $8,406 $210,200 $38,500 $171,700
2023 $8,406 $210,200 $38,500 $171,700
2022 $8,231 $210,200 $38,500 $171,700
2021 $8,143 $210,200 $38,500 $171,700
2020 $8,000 $210,200 $38,500 $171,700
2019 $7,878 $210,200 $38,500 $171,700
2018 $8,210 $220,400 $47,300 $173,100
2017 $7,990 $220,400 $47,300 $173,100
2016 $7,692 $220,400 $47,300 $173,100
2015 $7,544 $220,400 $47,300 $173,100
2014 $7,209 $220,400 $47,300 $173,100
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJBL2048918

Bright MLS

APN: 30-01503-0000-00016