NOT LISTED FOR SALE

Estimated Value: $650,000 - $791,000

-- Bed
-- Bath
2,897 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $725,000 $250 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,027/month

250 Days on Market

Highlights

  • Private Pool
  • Carriage House
  • No HOA
  • 8.12 Acre Lot
  • 1 Fireplace
  • Heating System Uses Oil

About This Home

As of January 2022

Live out your dream of owning a beautiful horse farm with investment income from multiple on-site rental units. This gorgeous property has it all. Nestled on 8 acres of land, you'll find the main 4 bedroom farmhouse with an inground pool, another 3 bedroom cottage, a 2 bedroom carriage house and another dwelling with two 1 bedroom units. If you are a person who is looking for a beautiful farm property to raise a family but are shocked by prices look no further. This property will help support itself with the rentals, the tax write-offs, and the great potential of horse boarding or crop leasing. For the animal lover, you'll find 6 fenced in paddocks, a chicken coop, multiple sheds and animal shelters and a large barn. Enjoy the amazing sunset views from the upper deck of the main house as you gaze at the adjacent 40 acres of preserved farmland. You can continue to use the property for horse boarding and miniature horse breeding, or farm crops for agricultural purposes. The 8 horse stalls are currently leased and the chicken coop is currently generating income as well. If you want a night out, Center City Philadelphia is only 20-25 minutes away and so is the Cowtown Rodeo. Take a stroll and visit the shops and restaurants of nearby historic Mullica Hill and Swedesboro. This beautiful property has it all! The owner estimates $5645 +/ month or $67,740 year in apartment/home rental income and $2500/month or $30,000/year in boarding fee income. Property being sold as-is.

Last Agent to Sell the Property

Jacqueline Cooper

RealtyMark Properties License #1756399 Listed on: 04/29/2021

RealtyMark Properties

Last Buyer's Agent

Jacqueline Cooper

RealtyMark Properties License #1756399 Listed on: 04/29/2021

RealtyMark Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,862

Year Built

  • Built in 1910

Lot Details

  • 8.12

Home Design

  • Carriage House
  • Farmhouse Style Home
  • Cottage
  • Frame Construction

Interior Spaces

  • 2,897 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Cesspool
  • Municipal Trash
  • Septic Tank
  • Cable TV Available

Additional Features

  • Private Pool
  • 8.12 Acre Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 03-00102-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,862

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Carriage House, Cottage
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Live out your dream of owning a beautiful horse farm with investment income from multiple on-site rental units. This gorgeous property has it all. Nestled on 8 acres of land, you'll find the main 4 bedroom farmhouse with an inground pool, another 3 bedroom cottage, a 2 bedroom carriage house and another dwelling with two 1 bedroom units. If you are a person who is looking for a beautiful farm property to raise a family but are shocked by prices look no further. This property will help support itself with the rentals, the tax write-offs, and the great potential of horse boarding or crop leasing. For the animal lover, you'll find 6 fenced in paddocks, a chicken coop, multiple sheds and animal shelters and a large barn. Enjoy the amazing sunset views from the upper deck of the main house as you gaze at the adjacent 40 acres of preserved farmland. You can continue to use the property for horse boarding and miniature horse breeding, or farm crops for agricultural purposes. The 8 horse stalls are currently leased and the chicken coop is currently generating income as well. If you want a night out, Center City Philadelphia is only 20-25 minutes away and so is the Cowtown Rodeo. Take a stroll and visit the shops and restaurants of nearby historic Mullica Hill and Swedesboro. This beautiful property has it all! The owner estimates $5645 +/ month or $67,740 year in apartment/home rental income and $2500/month or $30,000/year in boarding fee income. Property being sold as-is.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2897
  • Living Area Sq Ft: 2897
  • Price Per Sq Ft: 258.89
  • Above Grade Finished Sq Ft: 2897
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 174

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric, Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists, Cess Pool
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: EAST GREENWICH TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396131
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 385600.00
  • Land Assessed Value: 108000.00
  • Lot Size Acres: 8.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 353707.20
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 5
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1971579
  • Tax Annual Amount: 14862.00
  • Assessor Parcel Number: 03-00102-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2897
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/10/2022

MLS Schools

  • School District Name: EAST GREENWICH TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jan 10, 2022
Sold by
Newcomb Robert L and Newcomb Cynthia J
Bought by
Sena Properties Llc
Seller's Agent
Jacqueline Cooper
RealtyMark Properties
Buyer's Agent
Jacqueline Cooper
RealtyMark Properties
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$708,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,238
Avg. Annual Appreciation
-1.50%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Mangano Amelia
Bought by
Newcomb Robert L and Newcomb Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,307
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Sena Properties Llc $725,000 Title America Agency Corp
Newcomb Robert L $389,900 Congress
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newcomb Cynthia J $200,000
Previous Owner Newcomb Cynthia $37,000
Previous Owner Newcomb Robert L $100,000
Previous Owner Newcomb Robert L $30,000
Previous Owner Newcomb Robert L $281,307
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $725,000 -3.3% $250 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
04/29/2021 04/29/21 For Sale $750,000 -- $259 / 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 $15,193 $493,600 $108,000 $385,600
2023 $15,193 $493,600 $108,000 $385,600
2022 $14,764 $493,600 $108,000 $385,600
2021 $14,862 $493,600 $108,000 $385,600
2020 $14,496 $479,200 $93,600 $385,600
2019 $14,347 $479,200 $93,600 $385,600
2018 $14,210 $431,000 $72,000 $359,000
2017 $14,025 $431,000 $72,000 $359,000
2016 $13,861 $431,000 $72,000 $359,000
2015 $13,283 $431,000 $72,000 $359,000
2014 $12,465 $431,000 $72,000 $359,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL274828

Bright MLS

APN: 03-00102-0000-00002