N
Seller's Agent in 2025
Nicholas Godwin
RE/MAX
(732) 710-5409
1 in this area
22 Total Sales
2 W Cedar Ave Oaklyn, NJ 08107
Estimated Value: $295,000 - $341,485
Studio
--
Bath
1,778
Sq Ft
$174/Sq Ft
Est. Value
About This Home
As of June 2025This fully rented multifamily in Oaklyn, NJ, features 4 bedrooms, 2 bathrooms, and 1,778 sqft across two units. The first-floor unit has 2 beds/1 bath with basement access, while the second-floor unit includes 2 beds/1 bath with a third-floor walk-up. The property generates $3,050/month in rental income (Unit 1: $1,300 | Unit 2: $1,750). Built in 1910, it has stable tenants in place. With a strong rental market and long-term appreciation potential, this property presents a valuable opportunity in a desirable location.
Tenants have been on multi year leases. Unit 1 lease ends 7/31/25 and Unit 2 lease ends 8/31/25.
Last Agent to Sell the Property
(908) 233-9292 rob@goselectgroup.com RE/MAX Select - Westfield Listed on: 02/05/2025
Last Buyer's Agent
(856) 423-1666 amorda@century21tcrealty.com Century 21 Town & Country Realty - Mickleton License #9909692
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,482
Year Built
- Built in 1910
Lot Details
- 4,439 Sq Ft Lot
- Lot Dimensions are 40.00 x 111.00
Parking
- Driveway
Home Design
- 1,778 Sq Ft Home
- Duplex
- Frame Construction
- Asphalt Roof
Kitchen
- Stove
- Dishwasher
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- Operating Expense $25,678
- Net Operating Income $8,122
Listing and Financial Details
- Tax Lot 00005
- Assessor Parcel Number 26-00061-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2025
Sold by
2 West Cedar Llc
Bought by
Bluesark Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$219,791
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$90,330
Purchase Details
Closed on
Sep 8, 2021
Sold by
Gibbons Derek
Bought by
2 West Cedar Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
1.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2019
Closed on
Jul 26, 2019
Sold by
Lore Michael and Lore Michelle
Bought by
Gibbons Derek
Seller's Agent
LAURA ODLAND
BHHS Fox & Roach-Marlton
Buyer's Agent
Tony Lee
Home Journey Realty
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$101,250
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2010
Sold by
Furlo Properties Llc
Bought by
Lore Micahel and Lore Michelle
Purchase Details
Closed on
Mar 17, 2009
Sold by
Lore Michael and Furnari Dominick V
Bought by
Furlo Properties Llc
Purchase Details
Closed on
Aug 9, 2007
Sold by
Brooks Lewis Preston
Bought by
Lore Michael and Lore Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2005
Sold by
Prowe Gary
Bought by
Brooks Lewis Preston
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.07%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bluesark Properties Llc | $275,000 | Foundation Title | |
| 2 West Cedar Llc | -- | Foundation Title | |
| Gibbons Derek | $135,000 | All Pro Title Group Llc | |
| Lore Micahel | -- | -- | |
| Furlo Properties Llc | -- | -- | |
| Lore Michael | $170,000 | -- | |
| Brooks Lewis Preston | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bluesark Properties Llc | $220,000 | |
| Previous Owner | 2 West Cedar Llc | $161,250 | |
| Previous Owner | Gibbons Derek | $101,250 | |
| Previous Owner | Lore Michael | $170,000 | |
| Previous Owner | Brooks Lewis Preston | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $285,000 | -4.7% | $160 / Sq Ft | |
| 02/27/2025 02/27/25 | Price Changed | $299,000 | -5.1% | $168 / Sq Ft | |
| 02/05/2025 02/05/25 | For Sale | $315,000 | +133.3% | $177 / Sq Ft | |
| 07/26/2019 07/26/19 | Sold | $135,000 | -9.4% | $76 / Sq Ft | View Prior Sale |
| 05/02/2019 05/02/19 | Pending | -- | -- | -- | |
| 04/14/2019 04/14/19 | For Sale | $149,000 | -- | $84 / Sq Ft |
Source: Bright MLS
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 | $9,028 | $160,500 | $42,600 | $117,900 |
| 2024 | $8,181 | $160,500 | $42,600 | $117,900 |
| 2023 | $8,181 | $160,500 | $42,600 | $117,900 |
| 2022 | $7,770 | $160,500 | $42,600 | $117,900 |
| 2021 | $7,608 | $160,500 | $42,600 | $117,900 |
| 2020 | $7,497 | $160,500 | $42,600 | $117,900 |
| 2019 | $7,255 | $160,500 | $42,600 | $117,900 |
| 2018 | $7,141 | $160,500 | $42,600 | $117,900 |
| 2017 | $6,993 | $160,500 | $42,600 | $117,900 |
| 2016 | $6,913 | $160,500 | $42,600 | $117,900 |
| 2015 | $6,784 | $160,500 | $42,600 | $117,900 |
| 2014 | $6,531 | $160,500 | $42,600 | $117,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Godwin
-
Sue Caltabiano
S
Buyer's Agent in 2025
Sue Caltabiano
Century 21 Town & Country Realty - Mickleton
(856) 371-1133
1 in this area
37 Total Sales
-
LAURA ODLAND
Seller's Agent in 2019
LAURA ODLAND
BHHS Fox & Roach
(609) 504-8313
7 Total Sales
-
Tony Lee
Buyer's Agent in 2019
Tony Lee
Home Journey Realty
(609) 456-8360
309 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2084950
APN: 26-00061-0000-00005
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