NOT LISTED FOR SALE

Estimated Value: $304,654 - $343,000

-- Bed
-- Bath
1,643 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $285,000 $173 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,185/month

Highlights

  • Second Kitchen
  • Deck
  • Ceiling Fan
  • Cape Cod Architecture
  • Forced Air Heating System

About This Home

As of September 2022

OPPORTUNITY IS KNOCKING at this Up & Down Duplex with LOW TAXES! The first floor is currently occupied by the owners and will be conveyed VACANT...so you have the choice to move in and have the upstairs rent offset your mortgage payment OR if you're an investor you get to CHOOSE YOUR OWN TENANT at the current HIGH rental rates (estimated at $1,500+ per month). The first floor unit features 3 bedrooms, 1 bath, a spacious living room, and eat in kitchen. The Upper unit is RENTED at $900/mo and offers 2 bedrooms, 1 bath, and a good sized kitchen and living room. Detached One Car Garage. Basement Laundry. NEW VINYL FENCE, NEW CAPPING & SIDING. Landlord pays Gas, Water & Sewer (sewer/water bill attached), Tenant pays all remaining utilities. Potential to have a NET OPERATING INCOME of $22,000/year! Lease in place for upper unit until 7/3/23, with a GREAT tenant!

Last Agent to Sell the Property

Leonard Antonelli

(609) 929-8613 lenny@antonelliteam.com RE/MAX Community-Williamstown License #0337645 Listed on: 07/21/2022

Last Buyer's Agent

Michael Lentz

(856) 202-3154 Team@MikeSellsNJ.com Keller Williams Realty - Washington Township License #999901

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 1945

Lot Details

  • 8,002 Sq Ft Lot
  • Lot Dimensions are 80.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,643 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for gas, insurance, sewer, real estate taxes, water
  • Tax Lot 00011
  • Assessor Parcel Number 02-00250 01-00011

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,100
  • Operating Expense $8,400
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,083

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: existing appliances
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: 2nd Kitchen, Breakfast Area, Ceiling Fan(s), Kitchen - Eat-In
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1643
  • Living Area Sq Ft: 1643
  • Price Per Sq Ft: 167.38
  • Above Grade Finished Sq Ft: 1643
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 420.00
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 34200.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 80.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8002.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Gas, Insurance, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 28800.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Operating Expense: 8400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1964083
  • Tax Annual Amount: 5083.00
  • Assessor Parcel Number: 02-00250 01-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DEPTFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 22, 2022
Sold by
Krug John W and Krug Julia D
Bought by
Campbell Patrick
Seller's Agent
Leonard Antonelli
RE/MAX Community-Williamstown
Buyer's Agent
Michael Lentz
Keller Williams Realty - Washington Township
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$326,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,414
Avg. Annual Appreciation
4.40%
Original Mortgage
$10,000
Interest Rate
2.2%

Purchase Details

Closed on
Apr 16, 2020
Sold by
Horn Annmarie and Krug Annmarie Nicole
Bought by
Krug John and Krug Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1999
Sold by
Crug John W and Krug Julia D
Bought by
Krug Annmarie Nicole

Purchase Details

Closed on
Nov 17, 1998
Sold by
Smyth James L and Smyth Denise
Bought by
Krug John W and Krug Julia D

Purchase Details

Closed on
Apr 1, 1997
Sold by
Smyth Denise
Bought by
Smyth Denise and Smyth James L

Purchase Details

Closed on
Jun 8, 1994
Sold by
Harrington Veronica
Bought by
Smyth Denise
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
Campbell Patrick $285,000 First American Title
Campbell Patrick $285,000 First American Title
Krug John $180,000 Amrock Inc
Krug John $180,000 None Listed On Document
Krug Annmarie Nicole -- --
Krug John W $106,250 Group 21 Title Agency
Smyth Denise $91,000 --
Smyth Denise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Campbell Patrick $10,000
Open Campbell Patrick $279,837
Closed Campbell Patrick $279,837
Previous Owner Krug John $171,000
Closed Campbell Patrick $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $285,000 +3.6% $173 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $275,000 -- $167 / 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 $5,729 $159,800 $34,200 $125,600
2024 $5,195 $159,800 $34,200 $125,600
2023 $5,195 $149,700 $34,200 $115,500
2022 $5,157 $149,700 $34,200 $115,500
2021 $5,084 $149,700 $34,200 $115,500
2020 $5,025 $149,700 $34,200 $115,500
2019 $4,930 $149,700 $34,200 $115,500
2018 $4,819 $149,700 $34,200 $115,500
2017 $4,690 $149,700 $34,200 $115,500
2016 $4,594 $149,700 $34,200 $115,500
2015 $4,452 $149,700 $34,200 $115,500
2014 $4,337 $149,700 $34,200 $115,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2019012

Bright MLS

APN: 02-00250-01-00011