NOT LISTED FOR SALE

1722 Overbrook Ave Paulsboro, NJ 08066

Estimated Value: $297,000 - $443,000

-- Bed
-- Bath
3,040 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $221,500 $73 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,688/month

56 Days on Market

Highlights

  • 0.28 Acre Lot
  • Dwelling with Rental
  • 1-minute walk to Baird Recreation Area
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of April 2021

Investor Alert! Quadraplex available. Close to schools, public transportation and major highways. 2 units currently rented. 1 unit is being renovated. 1 unit needs TLC. Also offers a vacant lot next door to expand. Lot is offered in separate listing.

Last Agent to Sell the Property

Janie McCormick

(856) 207-2430 janierainesmc@gmail.com Weichert Realtors-Turnersville Listed on: 12/07/2020

Weichert Realtors-Turnersville

Last Buyer's Agent

James Graham

(856) 639-6885 james@quatraestates.com NJ Capital Realty LLC License #1972794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,105

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 101.00 x 120.00

Home Design

  • 3,040 Sq Ft Home
  • Quadruplex
  • Dwelling with Rental

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

  • Loudenslager Elementary School
  • Paulsboro High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 14-00125-00005

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 1-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $2,142
  • Other Expense $2,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,105

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Other Expense: 2124.00
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3040
  • Living Area Sq Ft: 3040
  • Price Per Sq Ft: 69.08
  • Above Grade Finished Sq Ft: 3040
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Concrete
  • Spa: No
  • 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: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LOUDENSLAGER
  • High School: PAULSBORO

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 101.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12118.00
  • Zoning: COMM/RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 11000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 7105.00
  • Assessor Parcel Number: 14-00125-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Apr 28, 2021
Sold by
Weiss Michael C and Weiss Sara Ann
Bought by
Mere Properties Llc
Seller's Agent
Janie McCormick
Weichert Realtors-Turnersville
Buyer's Agent
James Graham
NJ Capital Realty LLC
List Price
$210,000
Sold Price
$221,500
Premium/Discount to List
$11,500
5.48%
Current Estimated Value
$367,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,575
Avg. Annual Appreciation
11.55%
Original Mortgage
$186,500
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2018
Sold by
Manieri Antonio
Bought by
Sabatini David W and Weiss Michael C

Purchase Details

Closed on
Jun 9, 2009
Sold by
Sabatini Ralph
Bought by
Weiss Michael C and Weiss Sara Ann

Purchase Details

Closed on
Jan 4, 2008
Sold by
Sabatini Dorothy and Rumaker Dorothy
Bought by
Weiss Michael C and Weiss Sara Ann
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
Mere Properties Llc $196,500 Brennan Title Abstract Llc
Mere Properties Llc $196,500 Brennan Title Abstract
Sabatini David W -- None Available
Weiss Michael C -- Attorney
Weiss Michael C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mere Properties Llc $186,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $221,500 +5.5% $73 / Sq Ft
04/14/2021 04/14/21 Price Changed $210,000 0.0% $69 / Sq Ft
02/22/2021 02/22/21 Price Changed $210,000 0.0% $69 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $210,000 0.0% $69 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $210,000 -- $69 / 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 $9,152 $208,000 $19,400 $188,600
2024 $9,144 $208,000 $19,400 $188,600
2023 $9,144 $208,000 $19,400 $188,600
2022 $7,527 $174,400 $19,400 $155,000
2021 $7,381 $174,400 $19,400 $155,000
2020 $7,335 $174,400 $19,400 $155,000
2019 $7,105 $174,400 $19,400 $155,000
2018 $6,699 $174,400 $19,400 $155,000
2017 $6,671 $174,400 $19,400 $155,000
2016 $6,355 $174,400 $19,400 $155,000
2015 $6,319 $174,400 $19,400 $155,000
2014 $6,598 $195,900 $22,700 $173,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Janie McCormick

    Weichert Corporate

    (856) 207-2430

    1 in this area

    17 Total Sales

    Janie McCormick
    Section Image
  • James Graham

    Buyer's Agent in 2021

    James Graham

    NJ Capital Realty LLC

    (856) 639-6885

    5 in this area

    39 Total Sales

    James Graham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJGL268514

Bright MLS

APN: 14-00125-0000-00005

New Jersey Gloucester County Paulsboro 08066

1722 Overbrook Ave, Paulsboro, NJ

Not Listed for Sale

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