$5,000
SOLD SEP 16, 2016

186 S Broad St Penns Grove, NJ 08069

-- Bed
-- Bath
1,952 Sq Ft
9,980 Sq Ft Lot

Recently Sold

$3 Per Sq Ft

61% Below List Price

162 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom
  • 2 Car Detached Garage
  • Tile or Brick Flooring
  • Heating Available

About This Home

As of January 2022

Property sold in its "AS-IS, WHERE-IS" condition. 5 Bedroom, 2 Bath located in Penns Grove, NJ. This is a 2 unit Multi-Family home. One unit has three bedrooms and one bath. The other unit has two bedrooms and one bath. Needs repairs & updates before move in ready. Located on large lot, great potential!

Last Agent to Sell the Property

KEN GEHRIS

USRealty.com LLP License #TREND:029371 Listed on: 03/21/2016

Last Buyer's Agent

Jeffrey Giesecke

BHHS Fox & Roach-Washington-Gloucester

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 9,980 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,952 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • No Home Owners Association
  • Operating Expense $4,660

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 08-00128-00016

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Property sold in its "AS-IS, WHERE-IS" condition. 5 Bedroom, 2 Bath located in Penns Grove, NJ. This is a 2 unit Multi-Family home. One unit has three bedrooms and one bath. The other unit has two bedrooms and one bath. Needs repairs & updates before move in ready. Located on large lot, great potential!
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1952
  • Living Area Sq Ft: 1952
  • Price Per Sq Ft: 6.10
  • Above Grade Finished Sq Ft: 1952
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 186

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143

Lot Info

  • Improvement Assessed Value: 100100.00
  • Land Assessed Value: 24800.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 100X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9980.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2200860
  • Tax Annual Amount: 4660.00
  • Assessor Parcel Number: 08-00128-00016
  • Tax Lot: 00016
  • Tax Year: 2015
  • Close Date: 09/16/2016

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 31, 2022
Sold by
River District Llc
Bought by
Sontay-Itzep Roberto
Seller's Agent
Stuart Ross
Russo Realty Group LLC
Buyer's Agent
Max Alger
Keller Williams Realty - Washington Township
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$274,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,257
Avg. Annual Appreciation
14.75%
Original Mortgage
$231,990
Outstanding Balance
$219,484
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$162,579

Purchase Details

Closed on
Dec 1, 2020
Sold by
Borough Of Penns Grove
Bought by
Rivera District

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2015
Sold by
Sabr Mortage Loan 2008 1 Reo Subsidiary
Bought by
Cr Propertis 2015 Llc

Purchase Details

Closed on
Jul 22, 2014
Sold by
Miller Charles M and Hartman Carole
Bought by
Sabr Mortgage Loan 2008 1 Reo Subsidiary

Purchase Details

Closed on
Aug 15, 2005
Sold by
Yoo Jin T and Bruno John C
Bought by
Hartman Carole

Purchase Details

Closed on
Jun 15, 2004
Sold by
Sherry David J and Sherry Lynne S
Bought by
Yoo Jin T and Bruno John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Deed $240,000 Connection Title
Not Resolvable $18,500 None Available
Not Resolvable $13,750 Attorney
Sheriffs Deed -- None Available
Bargain Sale Deed $123,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,990 FHA
Previous Owner $50,000 Unknown
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $240,000 0.0% $146 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $240,000 0.0% $146 / Sq Ft
11/15/2021 11/15/21 Off Market $240,000 -- --
11/15/2021 11/15/21 For Sale $240,000 +4700.0% $146 / Sq Ft
09/16/2016 09/16/16 Sold $5,000 -61.2% $3 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $12,900 -- $7 / 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 $8,817 $164,500 $27,800 $136,700
2023 $8,817 $164,500 $27,800 $136,700
2022 $4,211 $81,500 $27,800 $53,700
2021 $0 $81,500 $27,800 $53,700
2020 $4,099 $81,500 $27,800 $53,700
2019 $4,099 $81,500 $27,800 $53,700
2018 $5,038 $124,900 $24,800 $100,100
2017 $5,056 $124,900 $24,800 $100,100
2016 $4,865 $124,900 $24,800 $100,100
2015 $4,660 $124,900 $24,800 $100,100
2014 $4,609 $124,900 $24,800 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Stuart Ross

    Seller's Agent in 2022

    Stuart Ross

    Russo Realty Group LLC

    (856) 332-6644

    2 in this area

    8 Total Sales

    Stuart Ross
    Section Image
  • Max Alger

    Buyer's Agent in 2022

    Max Alger

    Keller Williams Realty - Washington Township

    (856) 261-6700

    1 in this area

    24 Total Sales

    Max Alger
    Section Image

  • K

    Seller's Agent in 2016

    KEN GEHRIS

    USRealty.com LLP

  • Jeffrey Giesecke

    Buyer's Agent in 2016

    Jeffrey Giesecke

    BHHS Fox & Roach

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001798473

Bright MLS

APN: 08-00128-0000-00016

New Jersey Salem County Penns Grove 08069

186 S Broad St, Penns Grove, NJ

This home is located at 186 S Broad St, Penns Grove, NJ 08069 and is currently priced at $5,000, approximately $2 per square foot. This property was built in 1940. 186 S Broad St is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Paul W. Carleton Elementary School, and Field Street Elementary School.

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