NOT LISTED FOR SALE

197 S Broad St Penns Grove, NJ 08069

Estimated Value: $199,262 - $334,000

-- Bed
-- Bath
5,188 Sq Ft
$51/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $24,000 $5 Per Sq Ft

Est. 996% increase in value since last sale

Current estimated payment $2,030/month

233 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating Available

About This Home

As of February 2016

Multi family dwelling with 4 units. Unit 1 has 3 bedroom, 1 bathroom. Unit 2 has 2 bedroom, 1 bathroom. Unit 3 has 3 bedroom, 1 bathroom and Unit 4 has 3 bedrooms, 1 bathroom. Easy access to major highways and bridges to Philadelphia PA. Call Today! Sold as is. Buyer is responsible for any/all certifications and or repairs, township or lender.

Last Agent to Sell the Property

John Swartz

RE/MAX Preferred - Sewell License #0125598 Listed on: 04/23/2015

Last Buyer's Agent

John Swartz

RE/MAX Preferred - Sewell License #0125598 Listed on: 04/23/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50x160

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 5,188 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $5,783

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 08-00110-00002

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1945
  • Remarks Public: Multi family dwelling with 4 units. Unit 1 has 3 bedroom, 1 bathroom. Unit 2 has 2 bedroom, 1 bathroom. Unit 3 has 3 bedroom, 1 bathroom and Unit 4 has 3 bedrooms, 1 bathroom. Easy access to major highways and bridges to Philadelphia PA. Call Today! Sold as is. Buyer is responsible for any/all certifications and or repairs, township or lender.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 5188
  • Living Area Sq Ft: 5188
  • Price Per Sq Ft: 5.76
  • Above Grade Finished Sq Ft: 5188
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 197-199

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: 134100.00
  • Land Assessed Value: 20900.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Zoning: SFR

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2200622
  • Tax Annual Amount: 5783.00
  • Assessor Parcel Number: 08-00110-00002
  • Tax Lot: 00002
  • Tax Year: 2015
  • Close Date: 02/10/2016

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jan 20, 2016
Sold by
Hsbc Bank Usa
Bought by
Taylor Made Rentals Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
John Swartz
RE/MAX Preferred - Sewell
List Price
$64,900
Sold Price
$24,000
Premium/Discount to List
-$40,900
-63.02%
Current Estimated Value
$263,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,066
Avg. Annual Appreciation
27.77%

Purchase Details

Closed on
Jun 27, 2014
Sold by
Poulson Michelle
Bought by
Hsbc Bank Usa Na
Source: Public Records

Similar Homes in Penns Grove, NJ

  • 26 State St, Penns Grove, NJ 08069

    $299,999

    • Studio
    • 3,360 Sq Ft
    • 26 State St
    • Penns Grove, NJ

    Investment Opportunity at 24-26 State St.!This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant.Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair

    John Rinick Prime Realty Partners

    Section Image
  • 103-105 Penn St, Penns Grove, NJ 08069

    $240,000

    • Studio
    • 2,760 Sq Ft
    • 103-105 Penn St
    • Penns Grove, NJ

    Calling all house hackers! Live in one, collect rent on day 1 from the other unit, and build your wealth through real estate! Welcome to 103-105 Penn St. This home is just minutes from the Delaware Memorial Bridge ( the bridge to Tax-Free Shopping!). The property has recently been renovated and is ready for you to make it your own. This home is in a USDA mortgage-eligible area, so be sure to ask

    David Ralic Society

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Taylor Made Rentals Llc $24,000 None Available
Hsbc Bank Usa Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poulson Michelle $40,000
Previous Owner Poulson Michelle $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $24,000 -63.0% $5 / Sq Ft
12/12/2015 12/12/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $64,900 -- $13 / 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 $6,780 $126,500 $23,900 $102,600
2023 $6,780 $126,500 $23,900 $102,600
2022 $6,536 $126,500 $23,900 $102,600
2021 $6,254 $126,500 $23,900 $102,600
2020 $6,336 $126,500 $23,900 $102,600
2019 $6,363 $126,500 $23,900 $102,600
2018 $6,253 $155,000 $20,900 $134,100
2017 $6,274 $155,000 $20,900 $134,100
2016 $6,037 $155,000 $20,900 $134,100
2015 $5,783 $155,000 $20,900 $134,100
2014 $5,720 $155,000 $20,900 $134,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002583470

Bright MLS

APN: 08-00110-0000-00002