NOT LISTED FOR SALE

208 S Main St Glassboro, NJ 08028

Estimated Value: $314,098 - $410,000

-- Bed
-- Bath
1,724 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $189,900 $110 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,479/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA
  • Central Air

About This Home

As of May 2017

Awesome investment opportunity....Large 3 story Victorian and 2 additional rentals, each with 2bed 1 bath, in the detached building in the back. (ALL Tenant occupied)....The main home features 3 bedrooms, 1 1/2 baths, laundry area, living room with gas fireplace (not used by tenants), dining room, family room, newer eat in kitchen, newer carpet and has been freshly painted. Plenty of parking and minutes to Rowan University. **Financial info based on current set-up. Currently has a property manager and is managed by Long and Foster... Call the listing agent if you'd like to learn more about the property management. Being sold As-Is, but don't let that worry you....property has been kept in excellent condition due to rental inspections and state inspections. Great Investment

Last Agent to Sell the Property

JANE HOFFMAN

(609) 706-7235 janehoffmanrealty@gmail.com Jane Hoffman Realty, LLC License #0683579 Listed on: 10/07/2016

Last Buyer's Agent

Kristin Cregan

(609) 314-6366 kcregan@weichertrealtors.net Weichert Realtors-Turnersville License #673240

Weichert Realtors-Turnersville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,317

Year Built

  • Built in 1840

Lot Details

  • 0.26 Acre Lot
  • Property is in good condition

Home Design

  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,724 Sq Ft Home
  • Unfinished Basement
  • Partial Basement
  • Storage In Attic
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Glassboro Middle School
  • Glassboro High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $9,116

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 06-00052-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,317

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1840
  • Remarks Public: Awesome investment opportunity....Large 3 story Victorian and 2 additional rentals, each with 2bed 1 bath, in the detached building in the back. (ALL Tenant occupied)....The main home features 3 bedrooms, 1 1/2 baths, laundry area, living room with gas fireplace (not used by tenants), dining room, family room, newer eat in kitchen, newer carpet and has been freshly painted. Plenty of parking and minutes to Rowan University. **Financial info based on current set-up. Currently has a property manager and is managed by Long and Foster... Call the listing agent if you'd like to learn more about the property management. Being sold As-Is, but don't let that worry you....property has been kept in excellent condition due to rental inspections and state inspections. Great Investment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick, Laminated
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 1724
  • Living Area Sq Ft: 1724
  • Price Per Sq Ft: 131.67
  • Above Grade Finished Sq Ft: 1724
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 208

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Parking Features: Private
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: GLASSBORO PUBLIC SCHOOLS
  • Middle School: GLASSBORO
  • High School: GLASSBORO
  • School District Key: 300200397475
  • High School: GLASSBORO
  • Middle Or Junior School: GLASSBORO

Lot Info

  • Improvement Assessed Value: 225900.00
  • Land Assessed Value: 43000.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11369.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 45000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1985598
  • Tax Annual Amount: 9317.00
  • Assessor Parcel Number: 06-00052-00003
  • Tax Lot: 00003
  • Tax Year: 2016
  • Close Date: 05/30/2017

MLS Schools

  • School District Name: GLASSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
May 24, 2017
Sold by
Weed Timothy and Weed Jeannine
Bought by
Shree Neel Llc
Seller's Agent
JANE HOFFMAN
Jane Hoffman Realty, LLC
Buyer's Agent
Kristin Cregan
Weichert Realtors-Turnersville
List Price
$227,000
Sold Price
$189,900
Premium/Discount to List
-$37,100
-16.34%
Current Estimated Value
$361,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,125
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Barton Donald J
Bought by
Weed Timothy and Weed Jeannine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Desiderio Domenic and Desiderio Sharon
Bought by
Barton Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1999
Sold by
Hurff Myron D and Hurff Florence G
Bought by
Desiderio Dominic and Desiderio Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,416
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1994
Sold by
Adesiderio Joseph
Bought by
Hurff Myron and Hurff Florece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.11%
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
Shree Neel Llc $185,000 Foundation Title Llc
Weed Timothy $265,000 Congress Title
Barton Donald J $185,000 Group 21 Title Agency
Desiderio Dominic $105,000 First Title & Escrow Inc
Hurff Myron $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weed Timothy $198,750
Previous Owner Barton Donald J $148,000
Previous Owner Desiderio Dominic $107,416
Previous Owner Hurff Myron $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $189,900 +10164.9% $110 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
10/12/2016 10/12/16 Rented $1,850 0.0% --
10/07/2016 10/07/16 For Sale $227,000 0.0% $132 / Sq Ft
10/01/2016 10/01/16 Under Contract -- -- --
05/12/2016 05/12/16 For Rent $2,100 -- --
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 $7,026 $199,600 $43,000 $156,600
2024 $6,984 $199,600 $43,000 $156,600
2023 $6,984 $199,600 $43,000 $156,600
2022 $6,914 $199,600 $43,000 $156,600
2021 $7,032 $199,600 $43,000 $156,600
2020 $7,072 $199,600 $43,000 $156,600
2019 $7,084 $199,600 $43,000 $156,600
2018 $7,088 $199,600 $43,000 $156,600
2017 $9,594 $268,900 $43,000 $225,900
2016 $9,317 $268,900 $43,000 $225,900
2015 $9,116 $268,900 $43,000 $225,900
2014 $8,909 $268,900 $43,000 $225,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002480914

Bright MLS

APN: 06-00052-0000-00003