$499,000
UNDER CONTRACT

Estimated payment $3,771/month

Total Views 1,551
-- Bed
-- Bath
3,990 Sq Ft
$125 Price per Sq Ft

About This Home

This 4-unit multifamily property in Magnolia, NJ, consists of two separate buildings, offering a total of 10 bedrooms and 4 bathrooms. The front house includes Apt A (2 bed/1 bath) and Apt B (4 bed/1 bath), while the back house features Apt C (1 bed/1 bath) and Apt D (2 bed/1 bath). Unit C is recently vacant and will be delivered vacant at closing. Conveniently located near schools, parks, and the Somerdale and Voorhees Town Centers, this property provides easy access to shopping, dining, and community resources.

Listing Agent

Nicholas Godwin

RE/MAX Select

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,892

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 44x191

Parking

  • Off-Street Parking

Home Design

  • Aluminum Siding
  • Cement Siding

Interior Spaces

  • 3,990 Sq Ft Home
  • Unfinished Basement
  • Front Basement Entry
  • Stove

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Radiant Heating System

Community Details

  • Operating Expense $50,682
  • Net Operating Income $3,018

Listing and Financial Details

  • Assessor Parcel Number 23-00002 13-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,892

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Automatically Close On Close Date: No
  • Remarks Public: This 4-unit multifamily property in Magnolia, NJ, consists of two separate buildings, offering a total of 10 bedrooms and 4 bathrooms. The front house includes Apt A (2 bed/1 bath) and Apt B (4 bed/1 bath), while the back house features Apt C (1 bed/1 bath) and Apt D (2 bed/1 bath). Unit C is recently vacant and will be delivered vacant at closing. Conveniently located near schools, parks, and the Somerdale and Voorhees Town Centers, this property provides easy access to shopping, dining, and community resources.
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Front Entrance
  • Total Sq Ft: 3990
  • Living Area Sq Ft: 3990
  • Price Per Sq Ft: 125.06
  • Above Grade Finished Sq Ft: 3990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Cement Siding, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas, Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 44x191
  • Lot Size Units: Square Feet

Rental Info

  • Existing Lease Type: Yearly, Long Term
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Gross Income: 53700.00
  • Operating Expense: 50682.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 11892.00
  • Assessor Parcel Number: 23-00002 13-00002
  • Tax Year: 2024

MLS Schools

  • School District Name: STERLING HIGH

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,602 $247,700 $37,300 $210,400
2023 $11,602 $247,700 $37,300 $210,400
2022 $11,300 $247,700 $37,300 $210,400
2021 $11,191 $247,700 $37,300 $210,400
2020 $10,978 $247,700 $37,300 $210,400
2019 $10,770 $247,700 $37,300 $210,400
2018 $10,552 $247,700 $37,300 $210,400
2017 $10,245 $247,700 $37,300 $210,400
2016 $9,958 $247,700 $37,300 $210,400
2015 $9,613 $247,700 $37,300 $210,400
2014 $9,477 $247,700 $37,300 $210,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $499,000 0.0% $125 / Sq Ft
02/07/2025 02/07/25 For Sale $499,000 +148.3% $125 / Sq Ft
03/07/2018 03/07/18 Sold $201,000 +0.5% $50 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $200,000 -- $50 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed -- All Pro Title
Deed $201,000 All Pro Title Group Llc
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 New Conventional
Previous Owner $150,750 New Conventional
Previous Owner $108,000 No Value Available
Source: Public Records

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  • 201 W Evesham Ave, Magnolia, NJ 08049

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    This 4-unit multifamily property in Magnolia, NJ, consists of two separate buildings, offering a total of 10 bedrooms and 4 bathrooms. The front house includes Apt A (2 bed/1 bath) and Apt B (4 bed/1 bath), while the back house features Apt C (1 bed/1 bath) and Apt D (2 bed/1 bath). Unit C is recently vacant and will be delivered vacant at closing. Conveniently located near schools, parks, and

    Nicholas Godwin RE/MAX Select

    Section Image

Source: Bright MLS

MLS Number: NJCD2090998

Bright MLS

APN: 23-00002-13-00002