NOT LISTED FOR SALE

15-17 W Madison St Paulsboro, NJ 08066

Estimated Value: $183,000 - $212,000

-- Bed
-- Bath
1,904 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $200,000 $105 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,481/month

57 Days on Market

About This Home

As of June 2024

Welcome to this inviting duplex nestled in a prime location in Paulsboro, NJ. This well-maintained property offers a unique opportunity for an investment in a thriving community. Currently bringing in $2,600 per month, this is an investors ideal investment. Each tenant paying $1,300 per month and are CURRENT ! Property is located in a flood zone.

Last Agent to Sell the Property

Nicholas Barbetta

HOF Realty License #1859649 Listed on: 03/07/2024

HOF Realty

Last Buyer's Agent

Nick Sullivan

Better Homes Realty Group

Better Homes Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1930

Lot Details

  • 4,604 Sq Ft Lot
  • Lot Dimensions are 49.00 x 94.00

Parking

  • Driveway

Home Design

  • 1,904 Sq Ft Home
  • Duplex
  • Block Foundation
  • Frame Construction

Utilities

  • Central Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-00063-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this inviting duplex nestled in a prime location in Paulsboro, NJ. This well-maintained property offers a unique opportunity for an investment in a thriving community. Currently bringing in $2,600 per month, this is an investors ideal investment. Each tenant paying $1,300 per month and are CURRENT ! Property is located in a flood zone.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1904
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 94.54
  • Above Grade Finished Sq Ft: 1904
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • School District Key: 300200397138
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 49.00 x 94.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4604.00
  • Year Assessed: 2023
  • Zoning: DUPLEX

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4839.00
  • Assessor Parcel Number: 14-00063-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1904
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/25/2024

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 17, 2024
Sold by
Billingsport Investments Ltc
Bought by
Bailey Kevin D
Seller's Agent
Nicholas Barbetta
HOF Realty
Buyer's Agent
Nick Sullivan
Better Homes Realty Group
List Price
$180,000
Sold Price
$200,000
Premium/Discount to List
$20,000
11.11%
Views
113
Current Estimated Value
$198,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,891
Avg. Annual Appreciation
3.49%
Original Mortgage
$160,000
Outstanding Balance
$158,231
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$50,100

Purchase Details

Closed on
May 26, 2021
Sold by
Lancioni Homes Llc
Bought by
Billinosport Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2020
Sold by
Federal Home Mortgage Corporation
Bought by
Lancioni Homes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Kevin D $200,000 None Listed On Document
Bailey Kevin D $200,000 None Listed On Document
Billinosport Investments Llc -- None Available
Billingsport Investments Llc -- None Listed On Document
Billinosport Investments Llc -- None Available
Billingsport Investments Llc -- None Listed On Document
Lancioni Homes Llc $44,900 Fortune Title Agency Inc
Lancioni Homes Llc $44,900 Fortune Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Kevin D $160,000
Previous Owner Billingsport Investments Llc $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $200,000 +11.1% $105 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $180,000 0.0% $95 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $180,000 0.0% $95 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $180,000 -- $95 / 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 $4,844 $110,100 $12,700 $97,400
2024 $4,840 $110,100 $12,700 $97,400
2023 $4,840 $110,100 $12,700 $97,400
2022 $4,752 $110,100 $12,700 $97,400
2021 $4,659 $110,100 $12,700 $97,400
2020 $4,631 $110,100 $12,700 $97,400
2019 $4,485 $110,100 $12,700 $97,400
2018 $4,229 $110,100 $12,700 $97,400
2017 $4,211 $110,100 $12,700 $97,400
2016 $4,012 $110,100 $12,700 $97,400
2015 $3,989 $110,100 $12,700 $97,400
2014 $3,934 $116,800 $16,700 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Barbetta

    Seller's Agent in 2024

    Nicholas Barbetta

    HOF Realty

    (856) 889-9719

    5 in this area

    166 Total Sales

    Nicholas Barbetta
    Section Image

  • N

    Buyer's Agent in 2024

    Nick Sullivan

    Better Homes Realty Group

    (267) 909-6606

    1 in this area

    24 Total Sales

    Nick Sullivan
    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL2039856

Bright MLS

APN: 14-00063-0000-00010

New Jersey Gloucester County Paulsboro 08066

15-17 W Madison St, Paulsboro, NJ

This home is located at 15-17 W Madison St, Paulsboro, NJ 08066 since 07 March 2024 and is currently estimated at $198,109, approximately $104 per square foot. This property was built in 1930. 15-17 W Madison St is a home located in Gloucester County with nearby schools including Billingsport Elementary School, Loudenslager Elementary School, and Paulsboro High School.

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