NOT LISTED FOR SALE

Estimated Value: $303,000 - $385,000

4 Beds
2 Baths
1,824 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $240,000 $132 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,230/month

60 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Patio
  • Level Lot

About This Home

As of December 2022

Collect rental income while you live next door! This duplex is perfect for an owner/rental property or just rent out both units for extra income! Features a newer roof and a solid tenant in one of the units (10 years+/- at $1,134/month). Each unit has 2 bedrooms, 1 bath & a single car garage. The vacant unit is as newer laminate floors, ceiling fans & neutral colors. Take advantage of this great opportunity!

Last Agent to Sell the Property

Brian MacFarlane

Berkshire Hathaway HomeServices Zack Shore Realtors License #0233316 Listed on: 10/29/2022

Berkshire Hathaway HomeServices Zack Shore Realtors

Last Buyer's Agent

Kaitlyn Mallm

Coldwell Banker Home Connection Realty License #1542480

Coldwell Banker Home Connection Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Pinelands Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for yard maintenance, water, snow removal, heat
  • Assessor Parcel Number 17-00285-0000-00062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Laminate
  • Year Built: 1987
  • Contract Info List PriceSqFt: 137.01
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Direct Access
  • General Property Info:Garage: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 17-00285-0000-00062
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Yard Maintenance, Water, Snow Removal, Heat

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4822.0
  • Tax Other Annual Assessment Amount: 179600.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Dec 28, 2022
Sold by
Okeefe William and Okeefe Barbara
Bought by
Smith David P and Smith Kaitlyn J
Seller's Agent
Brian MacFarlane
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Kaitlyn Mallm
Coldwell Banker Home Connection Realty
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Views
15
Current Estimated Value
$338,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,322
Avg. Annual Appreciation
12.52%
Original Mortgage
$180,000
Outstanding Balance
$174,443
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$163,879

Purchase Details

Closed on
Oct 12, 2007
Sold by
Marcin Emil R
Bought by
Okeefe William and Okeefe Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Interest Rate
6.51%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith David P $240,000 University Title
Redacted Upon Request $240,000 University Title
Okeefe William $281,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $180,000
Closed Redacted Upon Request $180,000
Previous Owner Okeefe William $210,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/29/2022 12/29/22 Sold $240,000 -4.0% $132 / Sq Ft
10/30/2022 10/30/22 Price Changed $249,900 +8.7% $137 / Sq Ft
10/29/2022 10/29/22 For Sale $229,900 -- $126 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $5,322 $179,600 $63,200 $116,400
2024 $5,099 $179,600 $63,200 $116,400
2023 $4,939 $179,600 $63,200 $116,400
2022 $4,939 $179,600 $63,200 $116,400
2021 $4,822 $179,600 $63,200 $116,400
2020 $4,759 $179,600 $63,200 $116,400
2019 $4,567 $179,600 $63,200 $116,400
2018 $4,307 $179,600 $63,200 $116,400
2017 $4,240 $179,600 $63,200 $116,400
2016 $4,274 $179,600 $63,200 $116,400
2015 $4,006 $166,300 $63,200 $103,100
2014 $3,822 $200,000 $63,400 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22233753

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00285-0000-00062