2 Harned Ave Somers Point, NJ 08244
Estimated Value: $504,000 - $798,000
2
Beds
1
Bath
3,640
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Eat-In Kitchen
- Laundry Room
- Zoned Heating
- Mainland Regional High School Rated A-
About This Home
As of November 2019FOUR UNIT INVESTMENT PROPERTY! SUPER ATTRACTIVE! One of a kind fully rented quad for sale in Somers Point close to the bay, shopping and dining! Extremely tranquil but convenient residential location. Excellent income producing property with 4 easy to rent 2 bedroom units. Owner pays water, sewer, taxes and insurance the tenants pay gas, electricity and cable! Need appointment for showings since all units are occupied!
Last Listed By
FARLEY and FERRY REALTY, INC License #RB-8530847 Listed on: 06/17/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,166
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 74x130
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Blinds
- Crawl Space
- Storm Screens
- Laundry Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
Parking
- 3 Parking Spaces
- Parking Pad
Utilities
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating
- Separate Meters
- Private Water Source
- Private Sewer
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2018
Closed on
Nov 4, 2019
Sold by
Murdock Musical Production & Entertainme
Bought by
Da Rya Enterprises Llc
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Vincent Novelli
Compass Real Estate-Margate
List Price
$539,000
Sold Price
$435,000
Premium/Discount to List
-$104,000
-19.29%
Total Days on Market
434
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,501
Avg. Annual Appreciation
7.64%
Original Mortgage
$280,000
Outstanding Balance
$250,466
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$403,072
Purchase Details
Closed on
Sep 28, 2007
Sold by
Depalma Walter and Depalma Helle
Bought by
Murdock Musical Productions Llc
Purchase Details
Closed on
Jul 30, 1997
Sold by
Depalma Walter and Depalma Helle
Bought by
Depalma Walter and Depalma Helle
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Da Rya Enterprises Llc | $435,000 | None Available | |
| Murdock Musical Productions Llc | $550,000 | Commonwealth Land Title Insu | |
| Depalma Walter | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Da Rya Enterprises Llc | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2019 11/08/19 | Sold | $435,000 | -17.8% | $120 / Sq Ft |
| 08/25/2019 08/25/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | Rented | -- | -- | -- |
| 03/30/2019 03/30/19 | Price Changed | $529,000 | -1.9% | $145 / Sq Ft |
| 03/16/2019 03/16/19 | For Sale | $539,000 | 0.0% | $148 / Sq Ft |
| 02/11/2019 02/11/19 | For Rent | $1,100 | 0.0% | -- |
| 01/23/2019 01/23/19 | Rented | -- | -- | -- |
| 11/14/2018 11/14/18 | Pending | -- | -- | -- |
| 11/07/2018 11/07/18 | For Rent | $1,100 | 0.0% | -- |
| 06/17/2018 06/17/18 | For Sale | $539,000 | 0.0% | $148 / Sq Ft |
| 06/15/2018 06/15/18 | Rented | -- | -- | -- |
| 03/18/2018 03/18/18 | For Rent | $1,100 | -- | -- |
| 08/01/2014 08/01/14 | Rented | -- | -- | -- |
| 07/02/2014 07/02/14 | Under Contract | -- | -- | -- |
| 05/19/2014 05/19/14 | For Rent | -- | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $12,166 | $340,200 | $82,000 | $258,200 |
| 2023 | $11,366 | $340,200 | $82,000 | $258,200 |
| 2022 | $11,366 | $340,200 | $82,000 | $258,200 |
| 2021 | $11,196 | $340,200 | $82,000 | $258,200 |
| 2020 | $10,968 | $340,200 | $82,000 | $258,200 |
| 2019 | $10,658 | $340,200 | $82,000 | $258,200 |
| 2018 | $10,434 | $340,200 | $82,000 | $258,200 |
| 2017 | $10,060 | $340,200 | $82,000 | $258,200 |
| 2016 | $9,604 | $340,200 | $82,000 | $258,200 |
| 2015 | $10,561 | $378,000 | $82,000 | $296,000 |
| 2014 | $10,206 | $378,000 | $82,000 | $296,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lou Ferry
Seller's Agent in 2019
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
103 Total Sales
-
Kathryn Francis
Buyer's Agent in 2019
Kathryn Francis
FARLEY and FERRY REALTY, INC
(609) 442-8146
-
CORINNE DUNGAN
C
Buyer's Agent in 2019
CORINNE DUNGAN
RE/MAX
(609) 380-6727
4 Total Sales
-
Vincent Novelli
Buyer's Agent in 2019
Vincent Novelli
Compass Real Estate-Margate
(609) 335-4501
83 Total Sales
-
Ann Marie Kooperman
Buyer's Agent in 2018
Ann Marie Kooperman
FARLEY and FERRY REALTY, INC
(609) 576-0724
11 Total Sales
-
MARGARET (MEG) HEARD
Seller's Agent in 2014
MARGARET (MEG) HEARD
BALSLEY/LOSCO-VENTNOR
(609) 289-6510
17 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 507154
APN: 21-00212-0000-00013
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