NOT LISTED FOR SALE

1655 Main St Port Norris, NJ 08349

Estimated Value: $222,000 - $269,975

-- Bed
-- Bath
3,476 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $200,000 $58 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,807/month

99 Days on Market

About This Home

As of July 2024

Great investment property, side by side duplex on a large one acre property with two garage/outbuildings. Each unit has three bedrooms and one and a half baths. One unit is completely renovated and move in ready with new windows, carpet, and dual zoned heat/air. The other unit is partially gutted and ready to be finished. Seller will be installing a new septic system before closing!

Last Agent to Sell the Property

Jennie Dermott

Cape May County Real Estate Brokers, LLC License #0789324 Listed on: 03/19/2024

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,011

Year Built

  • Built in 1860

Parking

  • Driveway

Home Design

  • 3,476 Sq Ft Home
  • Duplex
  • Block Foundation
  • Frame Construction

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Lot Dimensions are 190.00 x 234.84

Community Details

  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 02-00245-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,011

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1860
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment property, side by side duplex on a large one acre property with two garage/outbuildings. Each unit has three bedrooms and one and a half baths. One unit is completely renovated and move in ready with new windows, carpet, and dual zoned heat/air. The other unit is partially gutted and ready to be finished. Seller will be installing a new septic system before closing!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 3476
  • Living Area Sq Ft: 3476
  • Price Per Sq Ft: 79.11
  • Above Grade Finished Sq Ft: 3476
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1655

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
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

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: On Site Septic
  • Water Source: Well

Schools

  • School District: COMMERCIAL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396119
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 190.00 x 234.84
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: VB

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Tax Annual Amount: 6011.00
  • Assessor Parcel Number: 02-00245-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 3476
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/01/2024

MLS Schools

  • School District Name: COMMERCIAL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 1, 2024
Sold by
Henderson William
Bought by
House Change Llc
Seller's Agent
Jennie Dermott
Cape May County Real Estate Brokers, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
168
Current Estimated Value
$235,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,244
Avg. Annual Appreciation
17.40%
Original Mortgage
$70,000
Outstanding Balance
$69,465
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$169,126

Purchase Details

Closed on
Dec 12, 2017
Sold by
Austino Robert A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2005
Sold by
Ford John
Bought by
Graves Joseph H and Graves Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.95%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Lamkin Richard H
Bought by
Ford John
Source: Public Records

Range of Values:

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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
House Change Llc $200,000 West Jersey Title
Federal National Mortgage Association $3,463 --
Graves Joseph H $175,000 --
Ford John $74,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open House Change Llc $70,000
Open House Change Llc $180,000
Previous Owner Graves Joseph H $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $200,000 -27.3% $58 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $275,000 +1045.8% $79 / Sq Ft
12/14/2018 12/14/18 Sold $24,000 -43.5% $7 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $42,500 -- $12 / 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
2024 $6,097 $209,600 $45,000 $164,600
2023 $6,011 $209,600 $45,000 $164,600
2022 $5,961 $209,600 $45,000 $164,600
2021 $5,865 $209,600 $45,000 $164,600
2020 $5,722 $209,600 $45,000 $164,600
2019 $5,328 $209,600 $45,000 $164,600
2018 $5,355 $209,600 $45,000 $164,600
2017 $5,160 $209,600 $45,000 $164,600
2016 $4,976 $209,600 $45,000 $164,600
2015 $4,782 $209,600 $45,000 $164,600
2014 $4,569 $209,600 $45,000 $164,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2017284

Bright MLS

APN: 02-00245-0000-00013