Estimated payment $1,878/month
Income-Producing Multifamily Duplex in Prime Location Investors, take note! This multifamily duplex, offered in as-is condition, presents an incredible opportunity. With potential to increase rent to fair market value, this property is perfect for maximizing your investment. Income Potential: Generate steady income from both units, with the potential to adjust rent to current market rates. Great Location: Conveniently situated close to schools, major roads, and public transportation, Less than 15-minute drive to the beach, casinos, and shopping outlets.The spacious lot provides additional possibilities for expansion or outdoor use.This property is an excellent opportunity for a savvy investor or someone looking to combine living and investment. Don’t miss out on this chance to own a valuable piece of real estate in a sought-after area. Recent repairs have been done, Outside Receptacles updated to GFCI 1st floor bathtub painted and new surround installed Kitchen ceiling painted The living room ceiling is also painted Basement bathroom fixed and made usable 3 Broken windows have been replaced The front door has been reinforced underneath Fence rails on the street side of the property have been fixed.
| 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 | $4,927 | $93,700 | $20,400 | $73,300 |
| 2024 | $4,927 | $93,700 | $20,400 | $73,300 |
| 2023 | $4,626 | $93,700 | $20,400 | $73,300 |
| 2022 | $4,626 | $93,700 | $20,400 | $73,300 |
| 2021 | $4,492 | $93,700 | $20,400 | $73,300 |
| 2020 | $4,472 | $93,700 | $20,400 | $73,300 |
| 2019 | $4,766 | $98,800 | $21,900 | $76,900 |
| 2018 | $4,617 | $98,800 | $21,900 | $76,900 |
| 2017 | $4,599 | $104,300 | $23,600 | $80,700 |
| 2016 | $4,167 | $104,300 | $23,600 | $80,700 |
| 2015 | $3,992 | $104,300 | $23,600 | $80,700 |
| 2014 | $4,770 | $135,400 | $32,800 | $102,600 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $269,775 | 0.0% | -- |
| 06/09/2025 06/09/25 | Off Market | $269,775 | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $269,775 | 0.0% | -- |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | Price Changed | $269,775 | -3.9% | -- |
| 08/07/2024 08/07/24 | For Sale | $280,775 | +190.4% | -- |
| 04/15/2015 04/15/15 | Sold | $96,700 | 0.0% | $69 / Sq Ft |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- |
| 04/14/2015 04/14/15 | For Sale | $96,700 | -- | $69 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | New Title Company Name | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $96,700 | Surety Title | |
| Bargain Sale Deed | -- | Foundation Title | |
| Bargain Sale Deed | $72,000 | Foundation Title | |
| Sheriffs Deed | -- | None Available | |
| Deed | $260,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Bargain Sale Deed | $75,000 | Commonwealth Land Title Ins |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $101,600 | New Conventional | |
| Previous Owner | $72,525 | New Conventional | |
| Previous Owner | $208,000 | Purchase Money Mortgage | |
| Previous Owner | $76,125 | No Value Available | |
| Previous Owner | $101,410 | No Value Available | |
| Previous Owner | $67,500 | No Value Available |
$299,000
Just imagine the possibilities with this 5 Bed/2 Bath bungalow and 2 Bed/1 Bath ranch on a 60 x 100 lot. This property sits just minutes away from transportation, convenience stores, shopping and restaurants, and just 1.5 miles away from the AC Expressway.
Jacqueline Andrews CASA BELLA REALTORS
Source: South Jersey Shore Regional MLS
MLS Number: 587838
APN: 19-00267-0000-00001
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