$225,000
SOLD APR 16, 2021

201 E 2nd St Florence, NJ 08518

-- Bed
-- Bath
2,166 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

20% Below List Price

86 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • Attic
  • 2-minute walk to Clark T. Carey Memorial Park

About This Home

As of April 2021

This classic turn of the Century colonial is presently a legal 2 family home, but the option of converting back to a single family home would allow for so much interior space and 4-5 bedrooms. The walk-up unfinished attic is 30' x 30' room with authentic wood and beautiful architectural high, open beamed ceilings. What a finished room this could be, so let your creativity design. The main floor offers two bedrooms and 2 full bathrooms, and offers storage space in two different partitions. The back entry door enters into an enclosed rear foyer porch, so added usable space there, as well. The dining room is incredibly spacious and has beautiful built-in cabinetry adding the old World charm with display and storage functionality. The formal dining room has wide open access to the living room, so a more open feeling than the boxy, small rooms of years ago. Options on first floor allow a second entry into the main bedroom, but that door is closed off at this time. There are steps to the upper floor unit, which could easily be opened if reverting back to a single home. The second bedroom on the main floor has options whether used as the single home or the duplex. Keep as a bedroom or use as a home office. The upper floor offers private access with exterior composite wood steps to the side door entry. These can remain if use shall be a duplex, or connecting steps to the upper floor can be opened with the downstairs access. The upper floor allows for a kitchen, bathroom, two bedrooms and a living room. There are currently two gas meters that are for readings of the hot water heaters. There is one gas furnace and the thermostat is located on the main floor. One water meter exists, as the second floor unit has not had tenant occupancy for many years. Electric usage for both levels is through one electric meter. Decide if you want to expand double meters for duplex use or leave as is. The rear garage and carriage house carport offer such great appeal and vehicle protection, while still having great workspace and a garage loft with access from the constructed ladder. There is a very large side yard, privatized by natural tree barrier, and room to add a pool in the future, if you desire. For those looking for real character and an opportunity for investment or personal occupancy, this home has so much to offer. Located one block from the Delaware River but not in a flood zone, and a very desirable area of Florence Township. Convenience with close proximity to River Line Train Station and all major roadways. Great opportunity for investors or home searchers. May be a great set-up for extended family living with family on downstairs and upstairs too-yet separate. Seller will supply the Certificate of Occupancy, but all else will need to be as-is. Remove the carpets and complete an easy upgrade with the wooden floors found throughout. Potential galore!!

Last Agent to Sell the Property

Mary Bauer

RE/MAX at Home License #8740414 Listed on: 11/18/2020

RE/MAX at Home

Last Buyer's Agent

Mary Bauer

RE/MAX at Home License #8740414 Listed on: 11/18/2020

RE/MAX at Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,453

Year Built

  • Built in 1900

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Corner Lot
  • Side Yard
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Rear-Facing Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • 2,166 Sq Ft Home
  • Built-In Features
  • Unfinished Basement
  • Interior Basement Entry
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Roebling Elementary School
  • Riverfront Middle School
  • Florence Twp. Mem. High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 2 Units
  • Florence Heights Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 00007
  • Assessor Parcel Number 15-00061-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,453

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Light fixture in 1st floor hallway to be replaced. 1st floor kitchen sink may be replaced with new sink and countertop.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All existing appliances
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This classic turn of the Century colonial is presently a legal 2 family home, but the option of converting back to a single family home would allow for so much interior space and 4-5 bedrooms. The walk-up unfinished attic is 30' x 30' room with authentic wood and beautiful architectural high, open beamed ceilings. What a finished room this could be, so let your creativity design. The main floor offers two bedrooms and 2 full bathrooms, and offers storage space in two different partitions. The back entry door enters into an enclosed rear foyer porch, so added usable space there, as well. The dining room is incredibly spacious and has beautiful built-in cabinetry adding the old World charm with display and storage functionality. The formal dining room has wide open access to the living room, so a more open feeling than the boxy, small rooms of years ago. Options on first floor allow a second entry into the main bedroom, but that door is closed off at this time. There are steps to the upper floor unit, which could easily be opened if reverting back to a single home. The second bedroom on the main floor has options whether used as the single home or the duplex. Keep as a bedroom or use as a home office. The upper floor offers private access with exterior composite wood steps to the side door entry. These can remain if use shall be a duplex, or connecting steps to the upper floor can be opened with the downstairs access. The upper floor allows for a kitchen, bathroom, two bedrooms and a living room. There are currently two gas meters that are for readings of the hot water heaters. There is one gas furnace and the thermostat is located on the main floor. One water meter exists, as the second floor unit has not had tenant occupancy for many years. Electric usage for both levels is through one electric meter. Decide if you want to expand double meters for duplex use or leave as is. The rear garage and carriage house carport offer such great appeal and vehicle protection, while still having great workspace and a garage loft with access from the constructed ladder. There is a very large side yard, privatized by natural tree barrier, and room to add a pool in the future, if you desire. For those looking for real character and an opportunity for investment or personal occupancy, this home has so much to offer. Located one block from the Delaware River but not in a flood zone, and a very desirable area of Florence Township. Convenience with close proximity to River Line Train Station and all major roadways. Great opportunity for investors or home searchers. May be a great set-up for extended family living with family on downstairs and upstairs too-yet separate. Seller will supply the Certificate of Occupancy, but all else will need to be as-is. Remove the carpets and complete an easy upgrade with the wooden floors found throughout. Potential galore!!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Attic, Built-Ins, Entry Level Bedroom, Kitchen - Table Space
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access
  • Total Sq Ft: 2166
  • Living Area Sq Ft: 2166
  • Price Per Sq Ft: 117.73
  • Above Grade Finished Sq Ft: 2166
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Private, Paved Parking
  • Garage Features: Covered Parking, Garage - Rear Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: ROEBLING E.S.
  • Middle School: RIVERFRONT SCHOOL
  • High School: FLORENCE TWP. MEM. H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396948
  • School District Source: Listing Agent
  • Elementary School: ROEBLING E.S.
  • High School: FLORENCE TWP. MEM. H.S.
  • Middle Or Junior School: RIVERFRONT SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199100.00
  • Land Assessed Value: 90000.00
  • Lot Features: Corner, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Owner Pays: All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1651272
  • Tax Annual Amount: 7453.00
  • Assessor Parcel Number: 15-00061-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 2166
  • County Tax Payment Frequency: Quarterly
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Apr 16, 2021
Sold by
Malseed Joan C and Estate Of Doris R Krieger
Bought by
Gallina Giuseppe
Seller's Agent
Mary Bauer
RE/MAX at Home
Buyer's Agent
Mary Bauer
RE/MAX at Home
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%
Current Estimated Value
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,000
Avg. Annual Appreciation
17.64%
Original Mortgage
$168,750
Outstanding Balance
$154,223
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$296,777
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $225,000 S & H Abstract Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Rented $2,300 0.0% --
12/09/2023 12/09/23 Under Contract -- -- --
12/06/2023 12/06/23 For Rent $2,300 0.0% --
02/01/2023 02/01/23 Rented $2,300 0.0% --
01/07/2023 01/07/23 Under Contract -- -- --
11/30/2022 11/30/22 For Rent $2,300 0.0% --
04/16/2021 04/16/21 Sold $225,000 -11.8% $104 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $255,000 -8.9% $118 / Sq Ft
11/18/2020 11/18/20 For Sale $280,000 -- $129 / 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 $7,713 $304,800 $90,000 $214,800
2023 $7,713 $289,100 $90,000 $199,100
2022 $7,548 $289,100 $90,000 $199,100
2021 $7,482 $289,100 $90,000 $199,100
2020 $7,453 $289,100 $90,000 $199,100
2019 $7,387 $289,100 $90,000 $199,100
2018 $7,323 $289,100 $90,000 $199,100
2017 $6,983 $289,100 $90,000 $199,100
2016 $6,845 $289,100 $90,000 $199,100
2015 $6,700 $289,100 $90,000 $199,100
2014 $6,506 $289,100 $90,000 $199,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL387084

Bright MLS

APN: 15-00061-0000-00007