NOT LISTED FOR SALE

Estimated Value: $308,000 - $387,000

-- Bed
4 Baths
1,912 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $247,500 $129 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,243/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Backs to Trees or Woods
  • Bathtub with Shower
  • Private Lot
  • Breakfast Area or Nook
  • Kitchen Island

About This Home

As of September 2022

Welcome to this side by side duplex, which is the most optimal layout for multi-family harmonious living.
Situated on a .22 level lot, this prize can be lived in on 1 side & rented on the other or have both sides rented for maximum income. The home is currently under-rented & can easily rise to the market value rents being garnered by neighborhood comparable homes.
Many updates throughout including new flooring, paint, sheetrock, sliders (1 side) both sides have new air conditioner compressors (2019), 1 side has a new boiler (2019), and the other just got a new refrigerator (2022). One side has newer bathroom appliances, paint & vanity & kitchen cabinets (2019).
Both sides have had roof reinforcement. Updated electrical was performed on 1 side, in addition to new floodlights installed.
This is a good income producing property.

Last Agent to Sell the Property

Beverly Knapp

itsthefemale@gmail.com North Jersey 100 LLC. Listed on: 08/15/2022

Last Buyer's Agent

Ruben Nazario

(609) 339-4520 RUBENNAZARIO@KW.COM Keller Williams Realty Preferred Properties License #1431542

Keller Williams Realty Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1987

Lot Details

  • 10,000 Sq Ft Lot
  • Infill Lot
  • Private Lot
  • Level Lot
  • Backs to Trees or Woods
  • Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Dining Area
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Exterior Lighting
  • Playground

Schools

  • Leht Middle School
  • Pinelands Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 17-00285 03-00071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,477

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances
  • New Construction: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Dishwasher, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Island, Primary Bath(s), Tub Shower
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1912
  • Living Area Sq Ft: 1912
  • Price Per Sq Ft: 140.69
  • Above Grade Finished Sq Ft: 1912
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Play Area
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PINELANDS REGIONAL H.S.
  • Middle Or Junior School: LEHT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 105100.00
  • Land Assessed Value: 61300.00
  • Lot Features: Backs To Trees, Front Yard, Level, Private
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: R200

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3010761
  • Tax Annual Amount: 4477.00
  • Assessor Parcel Number: 17-00285 03-00071
  • Tax Lot: 71
  • Tax Page Number: 828
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PINELANDS REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 22, 2022
Sold by
Ragusa Angelo
Bought by
Capital Estate 26 Llc
Seller's Agent
Beverly Knapp
North Jersey 100 LLC.
Buyer's Agent
Ruben Nazario
Keller Williams Realty Preferred Properties
List Price
$269,000
Sold Price
$247,500
Premium/Discount to List
-$21,500
-7.99%
Current Estimated Value
$347,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,686
Avg. Annual Appreciation
11.31%
Original Mortgage
$192,500
Interest Rate
5.13%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2019
Sold by
Longinetti John R
Bought by
Ragusa Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Russo Mario and Liggeri Sebastian
Bought by
Longinetti John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,404
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1998
Sold by
Delta Funding Corp
Bought by
Mccloskey Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,681
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capital Estate 26 Llc $247,500 --
Ragusa Angelo $181,000 University Title Ins Agency
Longinetti John R $168,000 Chicago Title Insurance Co
Mccloskey Mark $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Capital Estate 26 Llc $192,500
Previous Owner Ragusa Angelo $144,800
Previous Owner Longinetti John R $165,404
Previous Owner Mccloskey Mark $78,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $247,500 -8.0% $129 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $269,000 -- $141 / 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 $4,902 $166,400 $61,300 $105,100
2024 $4,701 $166,400 $61,300 $105,100
2023 $4,553 $166,400 $61,300 $105,100
2022 $4,553 $166,400 $61,300 $105,100
2021 $4,478 $166,400 $61,300 $105,100
2020 $4,396 $166,400 $61,300 $105,100
2019 $4,243 $166,400 $61,300 $105,100
2018 $4,004 $166,400 $61,300 $105,100
2017 $3,954 $166,400 $61,300 $105,100
2016 $3,979 $166,400 $61,300 $105,100
2015 $3,696 $152,800 $61,300 $91,500
2014 $3,604 $188,400 $61,600 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2012586

Bright MLS

APN: 17-00285-03-00071