NOT LISTED FOR SALE

204 W Clinton Ave Oaklyn, NJ 08107

Estimated Value: $289,556

-- Bed
1 Bath
2,116 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $225,000 $106 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,160/month

77 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • Bathtub with Shower
  • Walk-in Shower

About This Home

As of December 2021

LOW TAXES, Low Maintenance and well maintained INVESTMENT Opportunity. This Fully rented multi use TRIPLEX is located in the heart of Oaklyn on bustling Clinton Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor beautiful fully rehabbed retail shop is a popular established Barber Shop with a lease in place through June, 2024. Behind the shop with a separate front entry is a main level office space with 2 large rooms, large foyer/entry, full bath, kitchenette area and additional access to large patio and parking. This tenant is currently month to month. On the second level also with a separate entry from the rear is a 2 bedroom apartment with hardwood flooring, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer and a lease ending August 1, 2022. There is a full basement with good head heights for tons of storage. In the rear of the building is a double driveway able to accommodate 2 cars. NEW electrical panels (NO knob & tube), fire monitoring system has a new cellular modem uplink module, two NEW hot water heaters, remote camera for monitoring basement heating and hot water heaters. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philadelphia is just 7 minutes away! Property is in good condition however it is being sold in As Is condition.
Total monthly rents 2021 ($2,225) Barber shop $575; Rear Office $400; Upper 2 Bed Apt $1,250
Total Monthly Income $2,225 - Total Monthly Expenses $839.75= $1,385.25 Monthly PROFIT

Last Agent to Sell the Property

Suzanne Hoover

Compass New Jersey, LLC - Haddon Township License #903552 Listed on: 08/13/2021

Compass New Jersey, LLC - Haddon Township

Last Buyer's Agent

Heather Grasso

RE/MAX Live Well

RE/MAX Live Well

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,276

Year Built

  • Built in 1927

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Infill Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 2,116 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Monitored
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 20 Open Parking Spaces
  • 22 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Oaklyn Elementary School
  • Collingswood Middle School
  • Collingswood Senior High School

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, sewer, water, real estate taxes, miscellaneous
  • Tax Lot 00003
  • Assessor Parcel Number 26-00021-00003

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building
  • Downtown Subdivision

Building Details

  • Income includes apartment rentals, shop rentals
  • Operating Expense $1,679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,276

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Remarks Public: LOW TAXES, Low Maintenance and well maintained INVESTMENT Opportunity. This Fully rented multi use TRIPLEX is located in the heart of Oaklyn on bustling Clinton Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor beautiful fully rehabbed retail shop is a popular established Barber Shop with a lease in place through June, 2024. Behind the shop with a separate front entry is a main level office space with 2 large rooms, large foyer/entry, full bath, kitchenette area and additional access to large patio and parking. This tenant is currently month to month. On the second level also with a separate entry from the rear is a 2 bedroom apartment with hardwood flooring, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer and a lease ending August 1, 2022. There is a full basement with good head heights for tons of storage. In the rear of the building is a double driveway able to accommodate 2 cars. NEW electrical panels (NO knob & tube), fire monitoring system has a new cellular modem uplink module, two NEW hot water heaters, remote camera for monitoring basement heating and hot water heaters. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philadelphia is just 7 minutes away! Property is in good condition however it is being sold in As Is condition. Total monthly rents 2021 ($2,225) Barber shop $575; Rear Office $400; Upper 2 Bed Apt $1,250 Total Monthly Income $2,225 - Total Monthly Expenses $839.75= $1,385.25 Monthly PROFIT
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Dryer, Water Heater
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Ceiling Fan(s), Stall Shower, Store/Office, Tub Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Unfinished
  • Total Sq Ft: 2116
  • Living Area Sq Ft: 2116
  • Price Per Sq Ft: 106.33
  • Above Grade Finished Sq Ft: 2116
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 22
  • Type Of Parking: Driveway, On Street, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 20

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Electric Alarm, Fire Detection System, Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS
  • Elementary School: OAKLYN E.S.
  • Middle School: COLLINGSWOOD M.S.
  • High School: COLLINGSWOOD SENIOR H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397417
  • School District Source: Listing Agent
  • Elementary School: OAKLYN E.S.
  • High School: COLLINGSWOOD SENIOR H.S.
  • Middle Or Junior School: COLLINGSWOOD M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 102400.00
  • Land Assessed Value: 30000.00
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: COMMERCIAL - MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Sewer, Water, Taxes - Real Estate, Miscellaneous
  • Rent Control: No
  • Total Actual Rent: 26700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals, Shop Rentals
  • Operating Expense: 1679.00

Tax Info

  • Assessor Parcel Number: 1902455
  • Tax Annual Amount: 6276.00
  • Assessor Parcel Number: 26-00021-00003
  • Tax Lot: 00003
  • Tax Page Number: 1796
  • Tax Total Finished Sq Ft: 2116
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 17, 2021
Sold by
Bolton Jr Robert P
Bought by
Universal Sunlight Express Inc
Seller's Agent
Suzanne Hoover
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Heather Grasso
RE/MAX Live Well
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$289,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,556
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Jan 19, 2018
Sold by
Micciche Lewis J
Bought by
Bolton Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2008
Sold by
Micciche Lewis J and Micciche Patricia Ann
Bought by
Micciche Lewis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.07%
Mortgage Type
Commercial
Source: Public Records

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
Universal Sunlight Express Inc $225,000 Sjs Title
Bolton Robert P $150,000 None Available
Micciche Lewis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Universal Sunlight Express Inc $185,300
Previous Owner Bolton Robert P $112,500
Previous Owner Micciche Lewis J $5,000
Previous Owner Micciche Lewis J $6,000
Previous Owner Micciche Lewis J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $225,000 0.0% $106 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $225,000 0.0% $106 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $225,000 0.0% $106 / Sq Ft
05/01/2017 05/01/17 Rented $1,000 0.0% --
04/24/2017 04/24/17 Under Contract -- -- --
04/04/2017 04/04/17 For Rent $1,000 -- --
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
2025 $6,997 $132,400 $30,000 $102,400
2024 $6,748 $132,400 $30,000 $102,400
2023 $6,748 $132,400 $30,000 $102,400
2022 $6,409 $132,400 $30,000 $102,400
2021 $6,275 $132,400 $30,000 $102,400
2020 $6,184 $132,400 $30,000 $102,400
2019 $598 $132,400 $30,000 $102,400
2018 $5,890 $132,400 $30,000 $102,400
2017 $5,769 $132,400 $30,000 $102,400
2016 $5,702 $132,400 $30,000 $102,400
2015 $5,597 $132,400 $30,000 $102,400
2014 $5,387 $132,400 $30,000 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2004672

Bright MLS

APN: 26-00021-0000-00003