NOT LISTED FOR SALE

215 E Main St Millville, NJ 08332

Estimated Value: $290,000 - $426,000

-- Bed
-- Bath
1,968 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $305,000 $155 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,169/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Forced Air Heating System
  • Wood Flooring
  • Ramp on the main level

About This Home

As of October 2022

9 Room - Rooming house, Excellent income potential, shared kitchen and 2 shared full baths, ample off street parking in rear, close to public transportation, each room collects $650.00 per month rent.

Last Agent to Sell the Property

Debra Miller

(856) 305-2339 damillernj@gmail.com DePalma Realty License #566680 Listed on: 04/07/2022

Last Buyer's Agent

Debra Miller

(856) 305-2339 damillernj@gmail.com DePalma Realty License #566680 Listed on: 04/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 1917

Lot Details

  • Lot Dimensions are 66.00 x 0.00
  • Property is in average condition

Home Design

  • Colonial Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,968 Sq Ft Home
  • Wood Flooring
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Off-Street Parking

Accessible Home Design

  • Ramp on the main level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Vacant Units
  • Insurance Expense $1,982
  • Other Expense $2,760
  • Net Operating Income $16,200

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 00006
  • Assessor Parcel Number 10-00477-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,419

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial, Converted Dwelling
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 2760.00
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Remarks Public: 9 Room - Rooming house, Excellent income potential, shared kitchen and 2 shared full baths, ample off street parking in rear, close to public transportation, each room collects $650.00 per month rent.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Wood Floors, Kitchen - Table Space, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 177.85
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 215

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 338
  • Previous Twelve Months Electric Expense: 4050.00
  • Gas Avg Month: 241.17
  • Gas Prev12 Months: 2894.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Pest Control Expense: 636.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available
  • Monthly Water Average: 107
  • Water Previous Twelve Months: 1280.00
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: MILLVILLE BOARD OF EDUCATION
  • School District Key: 300200396113
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 103600.00
  • Land Assessed Value: 16900.00
  • Lot Dimensions: 66.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: B-3
  • Zoning Description: B3

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 9
  • Owner Pays: All Utilities
  • Total Actual Rent: 70200.00
  • Units Furnished: Some
  • Units Leased Count: 9
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 54000.00
  • Single Room Units Count: 9

Tax Info

  • Assessor Parcel Number: 3137259
  • Tax Annual Amount: 4419.00
  • Assessor Parcel Number: 10-00477-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1968
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/03/2022

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Oct 3, 2022
Sold by
Leary Herbert C
Bought by
Magenta 2 Llc
Seller's Agent
Debra Miller
DePalma Realty
Buyer's Agent
Debra Miller
DePalma Realty
List Price
$374,900
Sold Price
$305,000
Premium/Discount to List
-$69,900
-18.64%
Views
12
Current Estimated Value
$338,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,443
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Jun 1, 2001
Sold by
Associates Fin Svcs Corp
Bought by
Leary Herbert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 1994
Sold by
Bailey Stephanie C and Bailey Raymond O
Bought by
Gandy Kevin M and Gandy Susan A
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
Magenta 2 Llc $305,000 Surety Title
Leary Herbert C $56,900 --
Gandy Kevin M $85,000 Beacon Title Svcs Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leary Herbert C $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $305,000 -12.9% $155 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $350,000 -6.6% $178 / Sq Ft
04/07/2022 04/07/22 For Sale $374,900 -- $190 / 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
2025 $4,730 $120,500 $16,900 $103,600
2024 $4,730 $120,500 $16,900 $103,600
2023 $4,690 $120,500 $16,900 $103,600
2022 $4,568 $120,500 $16,900 $103,600
2021 $4,418 $120,500 $16,900 $103,600
2020 $4,346 $120,500 $16,900 $103,600
2019 $4,145 $120,500 $16,900 $103,600
2018 $4,060 $120,500 $16,900 $103,600
2017 $4,022 $120,500 $16,900 $103,600
2016 $3,972 $120,500 $16,900 $103,600
2015 $3,883 $120,500 $16,900 $103,600
2014 $3,890 $120,500 $16,900 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2005986

Bright MLS

APN: 10-00477-0000-00006