NOT LISTED FOR SALE

16 18 E Washington St Paulsboro, NJ 08066

-- Bed
-- Bath
2,280 Sq Ft
4,949 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $232,000 $102 Per Sq Ft

15 Days on Market

About This Home

As of May 2024

We all know a good duplex is hard to find but what about one where each unit is a 4 bedroom!!

That's right this home is a side-by side duplex with each unit consisting of 4 bedroom and 1 full bath. Both units are currently occupied with tenants who are in good standing and are up-to-date on rent, Each unit is about 1140 sq ft and has three floors with the bathroom being on second floor. There is a driveway on each side of the house for the different units and also the township water/sewer bill is split making it easier to charge back the tenants for the utilities! House sits directly next to the Paulsboro Administrative/Police Building. This home was completely down to the studs in 2019 and at that time had new electrical, plumbing, and hvac work done.

Unit 16 - month to month about to renew
$1370 monthly rent prior to renewal
Tenant pays all utilities (electric, gas, water/sewer)

Unit 18 - lease end 12/31/24
$1525 monthly rent
Tenant pays all utilities (electric, gas, water/sewer)

That's a total monthly rent roll of $2,895!! HUD fair market rents for 2024 in this zip code are $1990 for a 4 bedroom! Duplex being sold as-is.

Last Agent to Sell the Property

Michael Coffee

(609) 828-5394 mike@hofrealestate.net HOF Realty License #1649777 Listed on: 03/21/2024

Last Buyer's Agent

Michael Coffee

(609) 828-5394 mike@hofrealestate.net HOF Realty License #1649777 Listed on: 03/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 1920 | Remodeled in 2020

Lot Details

  • 4,949 Sq Ft Lot
  • Lot Dimensions are 49.00 x 101.00
  • Property is in good condition

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Harmony Acres Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 14-00087-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,976

Year Built

Built in 1920 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 105.17
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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, On Street

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 49.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4949.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Class 2 Residential

Rental Info

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

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 6976.00
  • Assessor Parcel Number: 14-00087-00002
  • Tax Lot: 00002
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $232,000 -3.2% $102 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $239,777 -- $105 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2040454

Bright MLS