$65,500
SOLD DEC 11, 2020

21 W Adams St Paulsboro, NJ 08066

3 Beds
1.5 Baths
1,262 Sq Ft
4,557 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

6% Below List Price

44 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2023

INVESTOR ALERT!!! AMAZING OPPORTUNITY TO OWN A COMPLETELY HANDS OFF TURN KEY RENTAL. PROPERTY HAS BEEN RECENTLY RENOVATED BY LICENSED CONTRACTORS WITH OVER $17,500 WORTH OF WORK. THERE IS A PROPERTY MANAGER ALREADY IN PLACE FOR THE NEW OWNER. SET IT AND FORGET IT!!! CURRENTLY RENTED OUT SECTION 8 AT $1,295 PER MONTH AND IS 100% SUBSIDIZED!!! TAKE THIS OPPORTUNITY TO GAIN INSTANT EQUITY AND SERIOUS CASH FLOW. NO NEED SPENDING YOUR TIME CHASING YOUR MONEY DOWN, IT WILL BE DEPOSITED INTO YOUR ACCOUNT OF CHOICE EVERY MONTH LIKE CLOCK WORK. MAKE YOUR APPOINTMENT TODAY!! THIS ONE WON'T LAST LONG. SELLER HAS ALREADY OBTAINED RENTAL CERTIFICATIONS, BUYER IS RESPONSIBLE FOR CONTINUED CERTIFICATE OF OCCUPANCY. PLEASE SEE ATTACHED CAPITALIZATION RATE SHOWING 14.44 CAP RATE. THIS PROPERTY DOES NOT REQUIRE FLOOD INSURANCE. SEE ATTACHED LETTER OF MAP AMENDMENT.

Last Agent to Sell the Property

Patrick Gorman

Keller Williams - Main Street Listed on: 09/08/2020

Keller Williams - Main Street

Last Buyer's Agent

Patrick Gorman

Keller Williams - Main Street Listed on: 09/08/2020

Keller Williams - Main Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1920

Lot Details

  • 4,557 Sq Ft Lot
  • Lot Dimensions are 49.00 x 93.00

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,262 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00072-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1262
  • Living Area Sq Ft: 1262
  • Price Per Sq Ft: 55.07
  • Above Grade Finished Sq Ft: 1262
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • School District Key: 300200397138
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 49.00 x 93.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4557.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2229.00
  • Assessor Parcel Number: 14-00072-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1262
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/11/2020

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Simon Samantha and Simon Kevhen
Bought by
Simons Home Renovation Company Llc
Current Estimated Value
$176,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,800
Outstanding Balance
$102,259
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$73,990

Purchase Details

Listed on
May 5, 2023
Closed on
May 31, 2023
Sold by
Hector Daniel Joseph
Bought by
Simon Samantha and Simon Kevhen
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 16, 2020
Sold by
Csa Iii Llc
Bought by
Hector Daniel Joseph
Seller's Agent
Patrick Gorman
Keller Williams - Main Street
Buyer's Agent
Patrick Gorman
Keller Williams - Main Street
List Price
$69,500
Sold Price
$65,500
Premium/Discount to List
-$4,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.01%
Original Mortgage
$49,125
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2019
Sold by
Ezell Fredrick
Bought by
Csa Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,500
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2018
Sold by
Ezell Fredrick J
Bought by
Blaine Enterprises Inc

Purchase Details

Closed on
Apr 30, 1998
Sold by
Va
Bought by
Ezell Fredrick J

Purchase Details

Closed on
Mar 31, 1997
Sold by
Gill Charles W
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,672
Interest Rate
7.5%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Banks James Donald and Banks Bertha Lee
Bought by
Banks James Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,672
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- Doma Title Insurance Inc
Deed $140,000 First American Title Insurance
Deed $65,500 National Integrity Llc
Deed $28,000 Surety Title Company Llc
Contract Of Sale $603,000 None Available
Deed $10,102 Surety Title Corporation
Sheriffs Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,800 New Conventional
Previous Owner $49,125 New Conventional
Previous Owner $362,500 Construction
Previous Owner $23,672 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $140,000 +3.7% $111 / Sq Ft
05/05/2023 05/05/23 For Sale $135,000 +106.1% $107 / Sq Ft
12/11/2020 12/11/20 Sold $65,500 -5.8% $52 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $69,500 -- $55 / 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 $2,330 $84,800 $12,600 $72,200
2023 $2,330 $53,000 $12,600 $40,400
2022 $2,287 $53,000 $12,600 $40,400
2021 $2,243 $53,000 $12,600 $40,400
2020 $2,229 $53,000 $12,600 $40,400
2019 $2,159 $53,000 $12,600 $40,400
2018 $2,036 $53,000 $12,600 $40,400
2017 $2,027 $53,000 $12,600 $40,400
2016 $1,931 $53,000 $12,600 $40,400
2015 $2,753 $76,000 $12,600 $63,400
2014 $2,829 $84,000 $16,600 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL264238

Bright MLS

APN: 14-00072-0000-00009