NOT LISTED FOR SALE

18 Avenue B Lodi, NJ 07644

Estimated Value: $678,000 - $775,022

4 Beds
3 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold September 15, 2022

Last sale price $645,000

Est. 14% increase in value since last sale

Current estimated payment $4,914/month

10 Days on Market

About This Home

As of September 2022

Great opportunity to live in & collect rent or strictly investment! Potential rent approx. $4,400. Charming 2-family home has great curb appeal in Lodi with so much potential! First floor unit is two floors. Enter into a spacious sun filled Living Room with bay window. Dining room is located off of the living room and leads to the kitchen with plenty of cabinetry storage. Off the kitchen is an enclosed back porch perfect for all year round enjoyment. First floor is complete with 3 bedrooms, full bathroom and Den/possible 4th bedroom. 2nd floor unit offers living room, eat in kitchen, full bathroom and 1 bedroom to complete this unit. Retreat downstairs to a full finished walk out basement finding a large summer kitchen with brand new refrigerator. Off the kitchen is the dining room, family room and full dry bar. Additional storage, laundry room, full bathroom, pantry and utility room concludes the basement. Conveniently located near NJ/NY transportation

Last Agent to Sell the Property

Danielle Federico

Keller Williams Prosperity Realty Listed on: 07/25/2022

Keller Williams Prosperity Realty

Last Buyer's Agent

Linda Trapp

RE/MAX SELECT - Fort Lee

RE/MAX SELECT - Fort Lee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,873

Lot Details

  • 7,501

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 7,501 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00084 / 00204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,873

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-694-6500
  • MLS Status: Sold - Sold
  • Directions: Main st to Avenue B
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: Summer Kitchen, Family Rm, dining Rm, laundry Rm

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 7501.0

Tax Info

  • Tax Annual Amount: 10873.0
  • Tax Block: 00204
  • Tax Lot: 00084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 14, 2022
Sold by
Scimeca Anna
Bought by
Progni Alvaro and Progni Angjela
Seller's Agent
Danielle Federico
Keller Williams Prosperity Realty
Buyer's Agent
Linda Trapp
RE/MAX SELECT - Fort Lee
List Price
$565,000
Sold Price
$645,000
Premium/Discount to List
$80,000
14.16%
Views
127
Current Estimated Value
$733,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,506
Avg. Annual Appreciation
4.42%
Original Mortgage
$508,000
Outstanding Balance
$487,770
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$245,736

Purchase Details

Closed on
May 12, 2017
Sold by
Morello Alessandro
Bought by
Scimeca Anna

Purchase Details

Closed on
Jun 20, 1994
Sold by
Leone Vincent
Bought by
Morello Alex and Morello Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Progni Alvaro $645,000 Guardian Title
Scimeca Anna $30,000 None Available
Morello Alex $231,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progni Alvaro $508,000
Previous Owner Morello Anna $40,000
Previous Owner Morello Anna $60,000
Previous Owner Morello Anna $20,000
Previous Owner Morello Alex $176,000
Previous Owner Morello Alex $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $645,000 +14.2% --
08/04/2022 08/04/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $565,000 -- --
Source: New Jersey 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 $11,095 $331,000 $153,000 $178,000
2024 $10,844 $331,000 $153,000 $178,000
2023 $10,804 $331,000 $153,000 $178,000
2022 $10,804 $331,000 $153,000 $178,000
2021 $10,940 $331,000 $153,000 $178,000
2020 $10,873 $331,000 $153,000 $178,000
2019 $10,724 $331,000 $153,000 $178,000
2018 $10,744 $331,000 $153,000 $178,000
2017 $10,731 $331,000 $153,000 $178,000
2016 $10,731 $331,000 $153,000 $178,000
2015 $10,602 $331,000 $153,000 $178,000
2014 $10,569 $331,000 $153,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22027796

New Jersey MLS

APN: 31-00204-0000-00084