NOT LISTED FOR SALE

Estimated Value: $271,000 - $349,000

-- Bed
-- Bath
1,536 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $290,000 $189 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,387/month

18 Days on Market

Highlights

  • 90% Forced Air Heating and Cooling System
  • Property is in excellent condition
  • 3-minute walk to Delanco Riverview

About This Home

As of April 2024

Welcome to 203 Broad St. Beverly, NJ – a remarkable duplex just blocks away from the picturesque Delaware River, and you won't need flood insurance! This property offers the perfect blend of comfort, convenience, and charm. Nestled on a quiet street close to shopping centers, this unit offers a serene living experience with an easy commute to both Philadelphia and New York.

Unit A (1st floor) is a spacious 2-bedroom, 1-bathroom residence with the added convenience of in-unit laundry. Tenants will appreciate the access to an unfinished basement, perfect for additional storage. The monthly rent for this unit is $1,300, and tenants are responsible for their own gas and electric bills. The owner covers water and sewer expenses.

Unit B (2nd floor) is a unique 2-story dwelling, featuring 1 bedroom, 1 bathroom, and a versatile den or extra storage space. Noteworthy features include a recently replaced roof in 2022, ensuring long-term durability and peace of mind. Unit B has been thoughtfully upgraded with brand new carpet, appliances, paint, blinds, and a tub kit, providing a fresh and modern living space.

Not only does this duplex stand out on its own, but it's also part of a Semi-Twin structure. For those seeking a larger investment opportunity, consider purchasing the adjoining property (201 Broad St. Beverly, NJ), a single-family home with 3 bedrooms, 1.5 bathrooms, and an unfinished basement. 201 Broad st will be listed at $209,900.

Don't miss the chance to make this duplex your home or investment. Contact us today to schedule a showing and explore the possibilities of owning both properties for an even more extensive real estate portfolio!

Last Listed By

Erica Melling

Salomon Realty LLC Listed on: 02/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 1910

Lot Details

  • 1,803 Sq Ft Lot
  • Lot Dimensions are 19.00 x 95.00
  • Property is in excellent condition

Home Design

  • 1,536 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Permanent Foundation
  • Frame Construction
  • Shingle Roof

Schools

  • Beverly City Elementary And Middle School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 00004
  • Assessor Parcel Number 02-00625-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-02-26
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 203 Broad St. Beverly, NJ – a remarkable duplex just blocks away from the picturesque Delaware River, and you won't need flood insurance! This property offers the perfect blend of comfort, convenience, and charm. Nestled on a quiet street close to shopping centers, this unit offers a serene living experience with an easy commute to both Philadelphia and New York. Unit A (1st floor) is a spacious 2-bedroom, 1-bathroom residence with the added convenience of in-unit laundry. Tenants will appreciate the access to an unfinished basement, perfect for additional storage. The monthly rent for this unit is $1,300, and tenants are responsible for their own gas and electric bills. The owner covers water and sewer expenses. Unit B (2nd floor) is a unique 2-story dwelling, featuring 1 bedroom, 1 bathroom, and a versatile den or extra storage space. Noteworthy features include a recently replaced roof in 2022, ensuring long-term durability and peace of mind. Unit B has been thoughtfully upgraded with brand new carpet, appliances, paint, blinds, and a tub kit, providing a fresh and modern living space. Not only does this duplex stand out on its own, but it's also part of a Semi-Twin structure. For those seeking a larger investment opportunity, consider purchasing the adjoining property (201 Broad St. Beverly, NJ), a single-family home with 3 bedrooms, 1.5 bathrooms, and an unfinished basement. 201 Broad st will be listed at $209,900. Don't miss the chance to make this duplex your home or investment. Contact us today to schedule a showing and explore the possibilities of owning both properties for an even more extensive real estate portfolio!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 195.25
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Monthly Water Average: 60
  • Water Previous Twelve Months: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BEVERLY CITY
  • Elementary School: BEVERLY CITY SCHOOL
  • Middle School: BEVERLY CITY SCHOOL
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396952
  • School District Source: 3rd Party
  • Elementary School: BEVERLY CITY SCHOOL
  • Middle Or Junior School: BEVERLY CITY SCHOOL

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1803.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 15600.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8254.00
  • Assessor Parcel Number: 02-00625-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: BEVERLY CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 26, 2024
Sold by
Steudler Paul S and Steudler Juanita M
Bought by
Dos Santos Gustavo W Lopes and Dutra Kenia Moreira
Seller's Agent
Erica Melling
Salomon Realty LLC
Buyer's Agent
Chad Hrivnak
Keller Williams Realty - Moorestown
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Total Days on Market
18
Views
82
Current Estimated Value
$306,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,478
Avg. Annual Appreciation
5.57%
Original Mortgage
$232,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 30, 2020
Sold by
Merriman Properties Llc
Bought by
Steudler Paul S and Steudler Juanita M
Seller's Agent
CASEY LELLO
Keller Williams Realty - Moorestown
Buyer's Agent
Erica Melling
Prime Real Estate Team
List Price
$185,000
Sold Price
$181,500
Premium/Discount to List
-$3,500
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%
Original Mortgage
$136,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Rehab Investments Lp
Bought by
Merriman Properties Llc

Purchase Details

Closed on
Jan 13, 2011
Sold by
Galarza Hedilberto
Bought by
Rehab Investments L P

Purchase Details

Closed on
May 20, 2008
Sold by
Mcnair Norlyn V
Bought by
Galarza Hedilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,295
Interest Rate
6.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 25, 2006
Sold by
Miles Toris
Bought by
Mcnair Norlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Unity One Management Llc
Bought by
Miles Toris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 2002
Sold by
Rusty Nails Investments Llc
Bought by
Unity One Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
10%
Mortgage Type
Seller Take Back

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
Dos Santos Gustavo W Lopes $290,000 Fidelity National Title
Steudler Paul S $181,500 Foundation Title Llc
Merriman Properties Llc $95,000 Commonwealth Land Title Insu
Rehab Investments L P -- Foundation Title
Galarza Hedilberto $115,995 Collegiate Title Corp
Mcnair Norlyn $42,500 Infinity Title Agency Inc
Miles Toris -- --
Unity One Management Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dos Santos Gustavo W Lopes $245,000
Closed Dutra Kenia Moreira $245,000
Closed Dos Santos Gustavo W Lopes $232,000
Previous Owner Steudler Paul S $136,125
Previous Owner Galarza Hedilberto $143,295
Previous Owner Mcnair Norlyn $118,300
Previous Owner Unity One Management Llc $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $290,000 -3.3% $189 / Sq Ft
02/26/2024 02/26/24 For Sale $299,900 +65.2% $195 / Sq Ft
10/30/2020 10/30/20 Sold $181,500 0.0% $118 / Sq Ft
10/08/2020 10/08/20 Price Changed $181,500 -1.9% $118 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $185,000 -- $120 / 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 $8,154 $163,400 $20,900 $142,500
2023 $8,154 $163,400 $20,900 $142,500
2022 $8,255 $163,400 $20,900 $142,500
2021 $5,881 $119,400 $20,900 $98,500
2020 $5,724 $119,400 $20,900 $98,500
2019 $5,576 $119,400 $20,900 $98,500
2018 $5,442 $119,400 $20,900 $98,500
2017 $5,375 $119,400 $20,900 $98,500
2016 $5,300 $119,400 $20,900 $98,500
2015 $5,240 $119,400 $20,900 $98,500
2014 $4,996 $119,400 $20,900 $98,500
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJBL2060752

Bright MLS

APN: 02-00625-0000-00004