NOT LISTED FOR SALE

208 E Jimmie Leeds Rd Galloway, NJ 08205

Estimated Value: $545,000 - $635,000

-- Bed
-- Bath
2,559 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $385,000 $150 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,942/month

Highlights

  • Wooded Lot
  • 3 Car Detached Garage
  • Heated Garage
  • Absegami High School Rated A-

About This Home

As of June 2021

CONTRACT ACCEPTED, NO MORE SHOWINGS PER THE OWNER. Unique Investment Opportunity! CURRENT: 3BR 2BA Rancher w/ Efficiency Inlaw Suite w/ a separate entrance, kitchen & bathroom. Detached 2-story barn-style building w/ 4-bay garage space downstairs & 2-Tenants upstairs (2BR 1 BA + 1 BR 1 BA). The 3 residential tenants pay nearly $32,000 annually, w/ potential market rents projected to $48,000 annually. Rancher is connected to public water, sewer, and has its own gas & electric meters. The rear Barn building w/ 2 tenants and 4-bay garage is connected to public water, septic, and has its own electric and gas meter for the building. Note that the 1st floor 4-bay garage is heated and has a full bathroom (shower) and a deep 2-bay stainless steel commercial wash basin. The 4-bay barn/garage could be ideal for use by a home based business such as a landscaper, builder, or other contractor. All this on a 4-acre+- commercially zoned parcel, which can be as large as 5.25-acres +- acres by acquiring adjacent Lot#13.03 (MLS #584624). FUTURE: The property already has an existing survey w/ topo & wetlands delineation, it's located in the "PRO" commercial zone and is included in Galloway Township's Redevelopment overlay, allowing endless possibilities for future development. Public Utilties available to the site, convenience to nearby Garden State Parkway interchange, AtlantiCare & Stockton University.

Last Agent to Sell the Property

Rich Suthard

BALSLEY/LOSCO Listed on: 03/22/2021

BALSLEY/LOSCO

Last Buyer's Agent

Rich Suthard

BALSLEY/LOSCO Listed on: 03/22/2021

BALSLEY/LOSCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,007

Lot Details

  • 4

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Stone Driveway
  • Gravel Driveway
  • Off-Site Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Crawl Space
  • Wooded Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,007

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 04/13/2021
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Slab

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Driveway: Gravel, Stone
  • Garage: Three Or More Cars, Detached Garage, Heated Garage
  • Parking Exterior: Three Or More Cars, Off Site Parking

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer, Septic
  • Water: Public, Well
  • Water Heater: Gas

Lot Info

  • Location: Wooded Lot
  • Lot Dimensions: 298 x 681 irreg

Multi Family

  • Number Of Units: 3
  • Separate Meters: Electric, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 30, 2021
Sold by
Emtd Llc
Bought by
Homes For All Inc
Seller's Agent
Rich Suthard
BALSLEY/LOSCO
Buyer's Agent
Rich Suthard
BALSLEY/LOSCO
List Price
$398,500
Sold Price
$385,000
Premium/Discount to List
-$13,500
-3.39%
Current Estimated Value
$586,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,184
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Defranco Theresa
Bought by
Emtd Llc

Purchase Details

Closed on
Aug 23, 2007
Sold by
Defranco Emily
Bought by
Defranco Theresa

Purchase Details

Closed on
Apr 22, 2005
Sold by
Defranco Theresa
Bought by
Defranco Anthony and Defranco Emily

Purchase Details

Closed on
Feb 28, 2005
Sold by
Defranco Anthony and Defranco Theresa
Bought by
Defranco Theresa
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
Homes For All Inc $385,000 Agents Title Llc
Emtd Llc -- None Available
Defranco Theresa $275,000 Freedom Title & Abstract Co
Defranco Anthony -- --
Defranco Theresa -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $385,000 -3.4% $150 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $398,500 -- $156 / Sq Ft
Source: South Jersey Shore Regional 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 $10,007 $299,800 $71,200 $228,600
2024 $10,007 $299,800 $71,200 $228,600
2023 $9,627 $299,800 $71,200 $228,600
2022 $9,627 $299,800 $71,200 $228,600
2021 $9,435 $299,800 $71,200 $228,600
2020 $9,285 $299,800 $71,200 $228,600
2019 $9,114 $299,800 $71,200 $228,600
2018 $9,243 $299,800 $71,200 $228,600
2017 $9,243 $299,800 $71,200 $228,600
2016 $9,162 $299,800 $71,200 $228,600
2015 $9,120 $299,800 $71,200 $228,600
2014 $8,817 $299,800 $71,200 $228,600
Source: Public Records

Agents Affiliated with this Home

  • Rich Suthard

    Seller's Agent in 2021

    Rich Suthard

    BALSLEY/LOSCO

    (609) 226-0400

    4 in this area

    79 Total Sales

    Rich Suthard
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 549380

South Jersey Shore Regional MLS

APN: 11-00980-0000-00014

New Jersey Atlantic County Galloway 08205

208 E Jimmie Leeds Rd, Galloway, NJ

This home is located at 208 E Jimmie Leeds Rd, Galloway, NJ 08205 since 22 March 2021 and is currently estimated at $586,184, approximately $229 per square foot. 208 E Jimmie Leeds Rd is a home located in Atlantic County with nearby schools including Absegami High School, Oakcrest High School, and Cedar Creek High School.

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