NOT LISTED FOR SALE

17 Pearl St Newfield, NJ 08344

Estimated Value: $250,000 - $356,000

-- Bed
-- Bath
3,076 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $170,000 $55 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,126/month

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Traditional Floor Plan
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2022

Welcome to this move-in-ready duplex in the heart of Newfield. With over 3,000 square feet, both units are very spacious. The first unit offers a large eat-in kitchen that leads to the dining room and living room. There is a bonus room off of the dining room that can be used as an office, additional bedroom, or other living space. Additional features in the first unit include a full bathroom with a stall shower, an entrance from the front and back of the home, a porch at the back of the home, and off-street parking. The tenant currently pays $1,000/month. The second unit consists of the 2nd and 3rd floors. The living room, family room, as well as all 3 bedrooms are generously sized. The kitchen is big enough to double as a dining room and there are 2 full bathrooms with tub showers. The tenant recently moved out and potential rent for this unit is around $1,500. The property was once utilized as a triplex, and with city approval, can be converted back into a triplex to max out its value. This home is conveniently located close to Rt. 40 and Rt. 55 and is a great investment opportunity.

Last Agent to Sell the Property

Scott Sheppard

(856) 207-9393 scott.sheppard@foxroach.com BHHS Fox & Roach-Vineland Listed on: 05/06/2021

BHHS Fox & Roach-Vineland

Last Buyer's Agent

Yisroel Spira

(347) 675-0204 yisroelspira@kw.com Keller Williams Realty Monmouth/Ocean License #1539528

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,930

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 68.00 x 147.00
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,076 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Mary F. Janvier Elementary School
  • Delsea Regional Middle School
  • Delsea Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater
  • On Site Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, lawn/shrub care, heat
  • Tax Lot 00005
  • Assessor Parcel Number 13-00206-00005

Community Details

Overview

  • No Home Owners Association
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,930

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal belongings.
  • Home Warranty: No
  • Inclusions: Refrigerator (2), Stove (2)
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this move-in-ready duplex in the heart of Newfield. With over 3,000 square feet, both units are very spacious. The first unit offers a large eat-in kitchen that leads to the dining room and living room. There is a bonus room off of the dining room that can be used as an office, additional bedroom, or other living space. Additional features in the first unit include a full bathroom with a stall shower, an entrance from the front and back of the home, a porch at the back of the home, and off-street parking. The tenant currently pays $1,000/month. The second unit consists of the 2nd and 3rd floors. The living room, family room, as well as all 3 bedrooms are generously sized. The kitchen is big enough to double as a dining room and there are 2 full bathrooms with tub showers. The tenant recently moved out and potential rent for this unit is around $1,500. The property was once utilized as a triplex, and with city approval, can be converted back into a triplex to max out its value. This home is conveniently located close to Rt. 40 and Rt. 55 and is a great investment opportunity.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Built-In Range
  • Flooring Type: Carpet, Wood, Laminated
  • Interior Amenities: Carpet, Wood Floors, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Stall Shower, Tub Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3076
  • Living Area Sq Ft: 3076
  • Price Per Sq Ft: 78.02
  • Above Grade Finished Sq Ft: 3076
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Street Lights, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Shingle
  • 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
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DELSEA REGIONAL HIGH SCHO SCHOOLS
  • Elementary School: MARY F. JANVIER E.S.
  • Middle School: DELSEA REGIONAL M.S.
  • High School: DELSEA REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396136
  • School District Source: Listing Agent
  • Elementary School: MARY F. JANVIER E.S.
  • High School: DELSEA REGIONAL H.S.
  • Middle Or Junior School: DELSEA REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 139900.00
  • Land Assessed Value: 44200.00
  • Lot Features: Corner
  • Lot Size Acres: 0.23
  • Lot Dimensions: 68.00 x 147.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R5H

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Lawn/Shrub Care, Heat
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 2020432
  • Tax Annual Amount: 6930.00
  • Assessor Parcel Number: 13-00206-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 3076
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/17/2022

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Autumn 2021 Llc
Bought by
Summer Refi 2023 Llc
Current Estimated Value
$295,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$295,011
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$429

Purchase Details

Listed on
May 6, 2021
Closed on
Feb 17, 2022
Sold by
Marshall Service Inc
Bought by
Autumn 2021 Llc
Seller's Agent
Scott Sheppard
BHHS Fox & Roach-Vineland
Buyer's Agent
Yisroel Spira
Keller Williams Realty Monmouth/Ocean
List Price
$249,900
Sold Price
$170,000
Premium/Discount to List
-$79,900
-31.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%
Original Mortgage
$262,500
Interest Rate
3.55%
Mortgage Type
Construction
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
Summer Refi 2023 Llc -- Catic Title
Autumn 2021 Llc $170,000 Land Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summer Refi 2023 Llc $300,000
Previous Owner Autumn 2021 Llc $262,500
Previous Owner Marshall Service Inc $179,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $170,000 -29.2% $55 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $240,000 -4.0% $78 / Sq Ft
05/06/2021 05/06/21 For Sale $249,900 -- $81 / 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 $6,797 $184,100 $44,200 $139,900
2024 $6,907 $184,100 $44,200 $139,900
2023 $6,907 $184,100 $44,200 $139,900
2022 $6,918 $184,100 $44,200 $139,900
2021 $6,930 $184,100 $44,200 $139,900
2020 $6,852 $184,100 $44,200 $139,900
2019 $6,381 $184,100 $44,200 $139,900
2018 $6,263 $184,100 $44,200 $139,900
2017 $6,344 $184,100 $44,200 $139,900
2016 $6,180 $184,100 $44,200 $139,900
2015 $5,959 $184,100 $44,200 $139,900
2014 $5,703 $184,100 $44,200 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL275106

Bright MLS

APN: 13-00206-0000-00005