NOT LISTED FOR SALE

Estimated Value: $248,000 - $327,000

Studio
-- Bath
2,500 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2020

Last sale price $120,000 $48 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,379 / mo

51 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Attention Investors... Don't miss this opportunity to buy this fully rented duplex in Elmer. The building consists of (1) 2 BR unit and (1) 3 BR unit. The utilities are the tenants responsibility, heating oil for unit unit, gas for the second unit. Tenants are month-to-month.

Last Agent to Sell the Property

Richard Warner

(856) 769-4111 rich@warnerrealtors.com Warner Real Estate & Auction Company Listed on: 11/18/2019

Last Buyer's Agent

Eugene Panaro

(856) 931-5001 gpanaro@panarorealty.com Panaro Realty License #9910016

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 12,342 Sq Ft Lot
  • Lot Dimensions are 187.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • 2,500 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Schools

  • Arthur P. Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, water
  • Assessor Parcel Number 03-00030-00010

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 55.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle, Pitched
  • 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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: ARTHUR P. SCHALICK H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 187.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12342.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Taxes - Real Estate, Water
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 18000.00

Tax Info

  • Assessor Parcel Number: 2194139
  • Tax Annual Amount: 7794.93
  • Assessor Parcel Number: 03-00030-00010
  • Tax Year: 2019

MLS Schools

  • School District Name: ELMER BORO

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Feb 26, 2020
Sold by
Bought by
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
Eugene Panaro
Panaro Realty
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Current Estimated Value
$299,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,526
Avg. Annual Appreciation
15.29%
Original Mortgage
$162,900
Outstanding Balance
$141,123
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$158,403

Purchase Details

Closed on
Feb 20, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,080
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Elmer, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 Group 21 Title Agency Llc
$150,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,900
Previous Owner $120,080
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $120,000 -13.7% $48 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $139,000 -- $56 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,799 $214,500 $36,000 $178,500
2025 $8,799 $214,500 $36,000 $178,500
2024 $8,468 $214,500 $36,000 $178,500
2023 $8,468 $214,500 $36,000 $178,500
2022 $8,265 $214,500 $36,000 $178,500
2021 $8,052 $214,500 $36,000 $178,500
2020 $8,102 $214,500 $36,000 $178,500
2019 $7,795 $214,500 $36,000 $178,500
2018 $7,681 $214,500 $36,000 $178,500
2017 $6,699 $214,500 $36,000 $178,500
2016 $6,411 $214,500 $36,000 $178,500
2015 $6,000 $214,500 $36,000 $178,500
2014 $5,933 $214,500 $36,000 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA136512

Bright MLS

APN: 03-00030-0000-00010

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