NOT LISTED FOR SALE

2 Marsden Ave Penns Grove, NJ 08069

Estimated Value: $195,278 - $263,000

-- Bed
-- Bath
1,740 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $107,500 $62 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,824/month

137 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Parking Storage or Cabinetry
  • Heating System Uses Oil

About This Home

As of June 2014

This home was once a single family home and can be converted back if desired. Separate Heaters and electric. There is a full basement and a separate garage. Although the property is not in bad shape it is being sold in as is condition.

Last Agent to Sell the Property

Liz Ellsworth

American Dream Realty of South Jersey Listed on: 12/06/2013

Co-Listed By

Joseph Venello

American Dream Realty of South Jersey License #893531

Last Buyer's Agent

DANA DRABOLD

American Dream Realty of South Jersey License #TREND:60049178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 1945

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 115x118
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,740 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Lafayette-Pershing Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $5,466

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 08-00035-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,466

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup, Has Laundry
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 66.09
  • Above Grade Finished Sq Ft: 1740
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • Elementary School: LAFAYETTE-PERSHING SCHOOL
  • Middle School: PENNS GROVE
  • High School: PENNS GROVE
  • School District Key: 300200397143
  • Elementary School: LAFAYETTE-PERSHING SCHOOL
  • High School: PENNS GROVE
  • Middle Or Junior School: PENNS GROVE

Lot Info

  • Improvement Assessed Value: 116700.00
  • Land Assessed Value: 32200.00
  • Lot Size Acres: 0.31
  • Lot Dimensions: 115X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13558.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2199623
  • Tax Annual Amount: 5466.00
  • Assessor Parcel Number: 08-00035-00002
  • Tax Lot: 00002
  • Tax Year: 2013
  • Close Date: 06/30/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jun 30, 2014
Sold by
Salvador Manuel C and Salvador Teresa
Bought by
Pitre Jose L
Seller's Agent
Liz Ellsworth
American Dream Realty of South Jersey
Buyer's Agent
DANA DRABOLD
American Dream Realty of South Jersey
List Price
$115,000
Sold Price
$107,500
Premium/Discount to List
-$7,500
-6.52%
Current Estimated Value
$234,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,820
Avg. Annual Appreciation
6.12%
Original Mortgage
$130,545
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2006
Sold by
Salvador Manuel C and Salvador Teresa
Bought by
Salvador Manuel C and Salvador Teresa
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
Pitre Jose L $107,500 Heritage Title And Abstract
Salvador Manuel C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitre Jose L $151,500
Closed Pitre Jose L $130,334
Closed Pitre Jose L $130,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $107,500 -6.5% $62 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $115,000 -- $66 / 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 $6,566 $122,500 $23,400 $99,100
2023 $6,566 $122,500 $23,400 $99,100
2022 $6,330 $122,500 $23,400 $99,100
2021 $6,056 $122,500 $23,400 $99,100
2020 $6,136 $122,500 $23,400 $99,100
2019 $6,162 $122,500 $23,400 $99,100
2018 $6,007 $148,900 $32,200 $116,700
2017 $6,027 $148,900 $32,200 $116,700
2016 $5,800 $148,900 $32,200 $116,700
2015 $5,555 $148,900 $32,200 $116,700
2014 $5,494 $148,900 $32,200 $116,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003671010

Bright MLS

APN: 08-00035-0000-00002