NOT LISTED FOR SALE

153 S New York Rd Galloway, NJ 08205

Estimated Value: $350,000 - $580,000

-- Bed
-- Bath
-- Sq Ft
0.7 Acres

Last Sold October 08, 2020

Last sale price $192,500

Est. 133% increase in value since last sale

Current estimated payment $3,128/month

212 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Wood Siding
  • Cedar Creek High School Rated A-

About This Home

As of October 2020

Four unit apartment building in Galloway Township near Historic Smithville. Public Transportation (Bus Stop) is right across the street. The four units are comprised of a 3 bedroom 1.5 bath unit with workshop and garage, a 2 bedroom one bath unit and two one bedroom one bath units. ALL units have separate gas and electric meters. One of the one bedroom units is currently vacant. The other 3 tenants have been there since 1994, 1998 and 2015. Tremendous opportunity for fabulous cash flow and return on investment. The last DCA inspection was in 2017. Property is being sold in as is condition. Call listing agent for more information.

Last Agent to Sell the Property

Richard Haviland

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 12/11/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Richard Haviland

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 12/11/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.7

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding
  • Vinyl Siding

Kitchen

  • Stove

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Year Built: 1930
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Basement: Crawl Space, Partial, Unfinished

Exterior Features

  • Siding Exterior: Vinyl, Wood

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air, Gas-Natural, Radiator
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: .7 acres

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Cooling, Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Oct 9, 2020
Sold by
The Schurr Group Llc
Bought by
Khan Iqbal Ahmed
Seller's Agent
Richard Haviland
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Richard Haviland
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$259,900
Sold Price
$192,500
Premium/Discount to List
-$67,400
-25.93%
Current Estimated Value
$449,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,742
Avg. Annual Appreciation
17.85%
Original Mortgage
$144,375
Outstanding Balance
$128,344
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$320,898

Purchase Details

Closed on
Jul 7, 2015
Sold by
Horner Charles H and Schurr Karl C
Bought by
The Schurr Group Llc

Purchase Details

Closed on
Mar 22, 1962
Bought by
Schurr Marjorie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Iqbal Ahmed $192,500 Title Company Jersey
The Schurr Group Llc -- Attorney
Schurr Marjorie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Iqbal Ahmed $144,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $192,500 -23.0% --
07/10/2020 07/10/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $249,900 -3.8% --
12/11/2019 12/11/19 For Sale $259,900 -- --
Source: South Jersey Shore Regional 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 $9,180 $275,000 $59,900 $215,100
2024 $9,180 $275,000 $59,900 $215,100
2023 $8,830 $275,000 $59,900 $215,100
2022 $8,349 $260,000 $59,900 $200,100
2021 $8,182 $260,000 $59,900 $200,100
2020 $8,052 $260,000 $59,900 $200,100
2019 $7,904 $260,000 $59,900 $200,100
2018 $8,016 $260,000 $59,900 $200,100
2017 $8,016 $260,000 $59,900 $200,100
2016 $10,510 $343,900 $59,900 $284,000
2015 $10,461 $343,900 $59,900 $284,000
2014 $10,114 $343,900 $59,900 $284,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531391

South Jersey Shore Regional MLS

APN: 11-01172-0000-00011