NOT LISTED FOR SALE

1593 S East Ave Vineland, NJ 08360

Estimated Value: $299,156 - $397,000

-- Bed
-- Bath
1,464 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $250,000 $171 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,249/month

About This Home

As of March 2022

DUPLEX ALERT!! This one hits all the marks! 1593 South East Avenue is a two family, side by side, rancher style multi family home. This property was updated within the last few years to natural gas , forced air heating systems, newer hot water heaters, and newer roof. PUBLIC WATER ! PUBLIC SEWER! The units are both rented close to market value and this is a true turn key investment property. The exterior has been recently painted and long term tenants are in place. The interior of the properties have been remodeled and washer and dryer hook ups are offered in the basement to maximize the potential rental value. NICE CAP RATE AND CASH ON CASH RETURN!

Last Agent to Sell the Property

Justin Selby

(856) 364-1548 justinselby@collinirealestate.com Collini Real Estate LLC License #1867481 Listed on: 02/09/2022

Collini Real Estate LLC

Last Buyer's Agent

Justin Selby

(856) 364-1548 justinselby@collinirealestate.com Collini Real Estate LLC License #1867481 Listed on: 02/09/2022

Collini Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80.00 x 165.00

Home Design

  • 1,464 Sq Ft Home
  • Duplex
  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 14-05807-00027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 170.77
  • Above Grade Finished Sq Ft: 1464
  • Above Grade Finished Area Units: Square Feet

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
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145500.00
  • Land Assessed Value: 30100.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 80.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13200.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3159392
  • Tax Annual Amount: 5291.00
  • Assessor Parcel Number: 14-05807-00027
  • Tax Lot: 00027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 8, 2022
Sold by
Leeser Realty
Bought by
Vasquez Henry A
Seller's Agent
Justin Selby
Collini Real Estate LLC
Buyer's Agent
Justin Selby
Collini Real Estate LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$338,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,850
Avg. Annual Appreciation
8.25%
Original Mortgage
$245,471
Outstanding Balance
$229,349
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$107,440

Purchase Details

Closed on
Oct 22, 1976
Bought by
Leeser Realty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vasquez Henry A $250,000 Landis Title
Leeser Realty $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Henry A $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $250,000 0.0% $171 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $250,000 -- $171 / 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 $5,591 $175,600 $30,100 $145,500
2024 $5,591 $175,600 $30,100 $145,500
2023 $5,554 $175,600 $30,100 $145,500
2022 $5,389 $175,600 $30,100 $145,500
2021 $5,291 $175,600 $30,100 $145,500
2020 $5,140 $175,600 $30,100 $145,500
2019 $5,070 $175,600 $30,100 $145,500
2018 $4,936 $175,600 $30,100 $145,500
2017 $4,689 $175,600 $30,100 $145,500
2016 $4,523 $175,600 $30,100 $145,500
2015 $4,357 $175,600 $30,100 $145,500
2014 $4,120 $175,600 $30,100 $145,500
Source: Public Records

Agents Affiliated with this Home

  • Justin Selby

    Seller's Agent in 2022

    Justin Selby

    Collini Real Estate LLC

    (856) 364-1548

    81 in this area

    149 Total Sales

    Justin Selby
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCB2004898

Bright MLS

APN: 14-05807-0000-00027

New Jersey Cumberland County Vineland 08360

1593 S East Ave, Vineland, NJ

Not Listed for Sale

MultiFamily

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