NOT LISTED FOR SALE

186 Gibbsboro Rd Clementon, NJ 08021

Estimated Value: $241,000 - $319,000

-- Bed
-- Bath
2,304 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $135,000 $59 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,060/month

33 Days on Market

Highlights

  • 0.85 Acre Lot
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • No HOA

About This Home

As of February 2017

This 4 unit apartment building is tenant occupied. The tenants pay their own gas, heat, hot water and electric. The landlord pays the cold water and sewer. Property being sold "AS IS". Buyer is responsible for all repairs including Township and lender. Property has a current State Inspection (green card). Unit #2 gets a $100.00 per month deduction for handyman work around the property

Last Agent to Sell the Property

Ed Mcnally

EXP Realty, LLC License #8436068 Listed on: 11/18/2016

EXP Realty, LLC

Last Buyer's Agent

Adam Cohen

Harvey Sklaroff Real Estate License #1647098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,197

Year Built

  • Built in 1910

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 246x150
  • Property is in below average condition

Home Design

  • 2,304 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Lot

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 11-00124-00001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $75
  • Insurance Expense $1,024
  • Operating Expense $10,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,197

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's Belongings
  • Inclusions: 4 Refrigerators
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Remarks Public: This 4 unit apartment building is tenant occupied. The tenants pay their own gas, heat, hot water and electric. The landlord pays the cold water and sewer. Property being sold "AS IS". Buyer is responsible for all repairs including Township and lender. Property has a current State Inspection (green card). Unit #2 gets a $100.00 per month deduction for handyman work around the property
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 65.10
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 186

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 75.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1850.00
  • Water Source: Public, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PINE HILL BOROUGH BOARD OF EDUCATION
  • School District Key: 300200397150

Lot Info

  • Improvement Assessed Value: 146900.00
  • Land Assessed Value: 45700.00
  • Lot Size Acres: 0.85
  • Lot Dimensions: 246X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36900.00
  • Property Condition: Below Average
  • Zoning: RES10

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1844716
  • Tax Annual Amount: 7197.00
  • Assessor Parcel Number: 11-00124-00001
  • Tax Lot: 00001
  • Tax Year: 2016
  • Close Date: 02/23/2017

MLS Schools

  • School District Name: PINE HILL BOROUGH BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Dcm A 5 Llc
Bought by
Darwin Capital Mgmt Holdings A 7 Llc
Current Estimated Value
$281,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,125
Outstanding Balance
$531,384
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
-$250,051

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 10, 2017
Sold by
Ralston William A
Bought by
Dcm A 5 Llc
Seller's Agent
Ed Mcnally
EXP Realty, LLC
Buyer's Agent
Adam Cohen
Harvey Sklaroff Real Estate
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Interest Rate
4.21%

Purchase Details

Closed on
Sep 24, 1996
Sold by
Estate Of Ralph L Boileau
Bought by
Ralston William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.83%
Source: Public Records

Similar Home in Clementon, NJ

  • 348 White Horse Pike, Clementon, NJ 08021

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    PLEASE READ BEFORE REQUESTING SHOWING***PROPERTY IS ZONED COMMERCIAL***Ideal buyer is an OWNER OCCUPANT that occupies the residential property space and uses the detached garage/office and land for their business OR uses the entire property for their business. THIS PROPERTY IS NOT ZONED FOR RESIDENTAL RENTALS. Excellent commercial property with detached garage/office space in Clementon, NJ.

    Jon Benstead BHHS Fox & Roach-Marlton

    Section Image

Range of Values:

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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
Darwin Capital Mgmt Holdings A 7 Llc -- Foundation Title Llc
Dcm A 5 Llc $135,000 --
Ralston William A $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darwin Capital Mgmt Holdings A 7 Llc $583,125
Closed Darwin Cap Managemetn Holdings A 7 Llc $583,125
Previous Owner Dcm A 5 Llc --
Previous Owner Ralston William A $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2017 02/23/17 Sold $135,000 -10.0% $59 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $150,000 -- $65 / 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 $5,983 $135,000 $35,400 $99,600
2023 $5,983 $135,000 $35,400 $99,600
2022 $5,883 $135,000 $35,400 $99,600
2021 $5,875 $135,000 $35,400 $99,600
2020 $5,804 $135,000 $35,400 $99,600
2019 $5,728 $135,000 $35,400 $99,600
2018 $7,423 $172,800 $35,400 $137,400
2017 $7,469 $192,600 $45,700 $146,900
2016 $7,197 $192,600 $45,700 $146,900
2015 $7,011 $192,600 $45,700 $146,900
2014 $6,957 $192,600 $45,700 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002488730

Bright MLS

APN: 11-00124-0000-00001