NOT LISTED FOR SALE

1834 Kings Hwy Unit 38 Swedesboro, NJ 08085

Estimated Value: $306,889 - $391,000

-- Bed
-- Bath
2,320 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $199,000 $86 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,393/month

Highlights

  • Corner Lot
  • No HOA
  • Back and Side Yard
  • Gen. Charles G. Harker School Rated A-
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of December 2020

Here is a terrific investment property in a great location within walking distance to the center of town, Locke Park and Walter H. Hill School. This is a fully occupied triplex with long term tenants that desire to stay. Each unit has its own heating system, separate electric and gas. There is one three bedroom unit with full kitchen , and two additional bedrooms upstairs and one downstairs, the washer and dryer belong to the tenant. There are two one bedroom units all with full kitchen and , each unit has one full bath. There is a basement with an outside entrance for added storage and the triplex sits on a nice size corner lot. Tenants are very nice people, please allow 24 notice for all showings. Please be sure to follow all recommended guidelines regarding Covid-19 and please wear a mask.

Last Agent to Sell the Property

CHRISTINA MOSKOWITZ

(609) 922-5416 tina.mosk@foxroach.com BHHS Fox & Roach-Mullica Hill South Listed on: 09/08/2020

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Bill Stevenson

(609) 685-4310 wcardinal1029@aol.com Cardinal Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1920

Lot Details

  • 7,680 Sq Ft Lot
  • Lot Dimensions are 60.00 x 128.00
  • Corner Lot
  • Back and Side Yard

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • Bathtub with Shower
  • 2,320 Sq Ft Home
  • Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • Driveway
  • On-Street Parking

Schools

  • Walter H. Hill Elementary School
  • Kingsway Regional Middle School
  • Kingsway Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for lawn/shrub care, water, sewer
  • Tax Lot 00006
  • Assessor Parcel Number 17-00048 02-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Exclusions: Tenants personal belongings, washers and dryers.
  • Inclusions: Refrigerators, stoves all in As Is condition
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Here is a terrific investment property in a great location within walking distance to the center of town, Locke Park and Walter H. Hill School. This is a fully occupied triplex with long term tenants that desire to stay. Each unit has its own heating system, separate electric and gas. There is one three bedroom unit with full kitchen , and two additional bedrooms upstairs and one downstairs, the washer and dryer belong to the tenant. There are two one bedroom units all with full kitchen and , each unit has one full bath. There is a basement with an outside entrance for added storage and the triplex sits on a nice size corner lot. Tenants are very nice people, please allow 24 notice for all showings. Please be sure to follow all recommended guidelines regarding Covid-19 and please wear a mask.
  • Special Features: None

Interior Features

  • Appliances: Stove, Refrigerator
  • Interior Amenities: Kitchen - Eat-In, Pantry, Tub Shower
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 99.09
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1834-1838

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
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

  • School District: SWEDESBORO-WOOLWICH PUBLIC SCHOOLS
  • Elementary School: WALTER H. HILL E.S.
  • Middle School: KINGSWAY REGIONAL M.S.
  • High School: KINGSWAY REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396599
  • School District Source: Listing Agent
  • Elementary School: WALTER H. HILL E.S.
  • High School: KINGSWAY REGIONAL H.S.
  • Middle Or Junior School: KINGSWAY REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 130100.00
  • Land Assessed Value: 30000.00
  • Lot Features: Corner, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60.00 x 128.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7680.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Lawn/Shrub Care, Water, Sewer
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 3

Tax Info

  • Assessor Parcel Number: 2028782
  • Tax Annual Amount: 6500.00
  • Assessor Parcel Number: 17-00048 02-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 2320
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/15/2020

MLS Schools

  • School District Name: SWEDESBORO-WOOLWICH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 14, 2020
Sold by
Swavely John
Bought by
Lawrence Manijeh
Seller's Agent
CHRISTINA MOSKOWITZ
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Bill Stevenson
Cardinal Real Estate Services
List Price
$229,900
Sold Price
$199,000
Premium/Discount to List
-$30,900
-13.44%
Current Estimated Value
$345,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,472
Avg. Annual Appreciation
12.05%
Original Mortgage
$149,250
Outstanding Balance
$133,114
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,358

Purchase Details

Closed on
Jul 16, 2012
Sold by
Guzman Edwin and Mercado Luz
Bought by
Guzman Edwin and Mercado Luz
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
Lawrence Manijeh $199,000 Foundation Ttl Llc Woodbury
Lawrence Manijeh $199,000 New Title Company Name
Guzman Edwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Manijeh $149,250
Closed Lawrence Manijeh $149,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $199,000 -13.4% $86 / Sq Ft
12/12/2020 12/12/20 Price Changed $229,900 0.0% $99 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $229,900 0.0% $99 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $229,900 +41.0% $99 / Sq Ft
09/29/2014 09/29/14 Sold $163,000 -9.4% $70 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $180,000 -- $78 / 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 $6,807 $160,100 $30,000 $130,100
2024 $6,748 $160,100 $30,000 $130,100
2023 $6,748 $160,100 $30,000 $130,100
2022 $6,734 $160,100 $30,000 $130,100
2021 $6,500 $160,100 $30,000 $130,100
2020 $6,500 $160,100 $30,000 $130,100
2019 $6,385 $160,100 $30,000 $130,100
2018 $6,447 $160,100 $30,000 $130,100
2017 $6,412 $160,100 $30,000 $130,100
2016 $6,406 $160,100 $30,000 $130,100
2015 $6,221 $160,100 $30,000 $130,100
2014 $6,657 $181,600 $39,300 $142,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL264296

Bright MLS

APN: 17-00048-02-00006