NOT LISTED FOR SALE

216 Morris St Gloucester City, NJ 08030

Estimated Value: $212,893 - $294,000

Studio
-- Bath
2,210 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2018

Last sale price $127,500 $58 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,830 / mo

288 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Laundry Facilities
  • Security Gate
  • Ceiling Fan
  • Replacement Windows

About This Home

As of February 2018

Exceptionally well maintained and updated duplex being offered to one lucky investor. The monthly rents here are $2120 per month! Up and down units with common area entrance. Each unit is updated and well cared for with minimal maintenance needed yearly. Basements have lockable storage areas for each unit. Coin operated washer and dryer are no longer available on site.

Last Agent to Sell the Property

Bryan Vurgason

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill Listed on: 04/17/2017

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Sandi Lichtman

(856) 795-7890 sandi@lichtmanassociatesrealestate.com Lichtman Associates Real Estate LLC License #8644350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,193

Year Built

  • Built in 1900

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 20x90
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Storage Includes Bins
  • Security Gate

Flooring

  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Basement Storage

Schools

  • Gloucester City Junior Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-00024-00010

Community Details

Building Details

  • Income includes laundry
  • Operating Expense $4,193

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,193

Year Built

Built in 1900

Lot Details

1,800 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Bins
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Common
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 2210
  • Living Area Sq Ft: 2210
  • Price Per Sq Ft: 58.60
  • Above Grade Finished Sq Ft: 2210
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School: GLOUCESTER CITY JUNIOR SENIOR

Lot Info

  • Improvement Assessed Value: 85300.00
  • Land Assessed Value: 17700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24540.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1851155
  • Tax Annual Amount: 4193.00
  • Assessor Parcel Number: 14-00024-00010
  • Tax Lot: 00010
  • Tax Year: 2016

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Feb 21, 2018
Sold by
Mccue Brian
Bought by
Simon David and Simon Allison B
Seller's Agent
Bryan Vurgason
Keller Williams Realty - Cherry Hill
Buyer's Agent
Sandi Lichtman
Lichtman Associates Real Estate LLC
List Price
$129,500
Sold Price
$127,500
Premium/Discount to List
-$2,000
-1.54%
Current Estimated Value
$259,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,973
Avg. Annual Appreciation
9.12%
Original Mortgage
$102,000
Outstanding Balance
$58,432
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$201,041

Purchase Details

Listed on
Feb 10, 2012
Closed on
Aug 7, 2012
Sold by
Protocol Real Estate Investments 3 Llc
Bought by
Mccue Brian
Seller's Agent
Bryan Vurgason
Keller Williams Realty - Cherry Hill
Buyer's Agent
Bryan Vurgason
Keller Williams Realty - Cherry Hill
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$85,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1997
Sold by
Anyzek Edmund E
Bought by
Giordano Anthony J and Rudolph Julee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simon David $127,500 Surety Title Co
Mccue Brian $14,000 Core Title
Giordano Anthony J $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon David $102,000
Previous Owner Mccue Brian $85,500
Previous Owner Giordano Anthony J $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2018 02/27/18 Sold $127,500 -1.5% $58 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $129,500 0.0% $59 / Sq Ft
10/19/2017 10/19/17 Price Changed $129,500 -1.9% $59 / Sq Ft
09/30/2017 09/30/17 For Sale $132,000 +3.5% $60 / Sq Ft
09/30/2017 09/30/17 Off Market $127,500 -- --
08/30/2017 08/30/17 Price Changed $132,000 -5.6% $60 / Sq Ft
07/28/2017 07/28/17 Price Changed $139,900 -3.5% $63 / Sq Ft
04/17/2017 04/17/17 For Sale $144,900 0.0% $66 / Sq Ft
01/12/2013 01/12/13 Rented $935 +6.9% --
12/19/2012 12/19/12 Under Contract -- -- --
08/20/2012 08/20/12 For Rent $875 0.0% --
08/17/2012 08/17/12 Sold $114,000 -8.7% $54 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $124,900 -- $59 / Sq Ft
Source: Bright MLS

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 $5,452 $103,000 $17,700 $85,300
2024 $5,154 $103,000 $17,700 $85,300
2023 $5,154 $103,000 $17,700 $85,300
2022 $4,846 $103,000 $17,700 $85,300
2021 $4,798 $103,000 $17,700 $85,300
2020 $4,633 $103,000 $17,700 $85,300
2019 $4,538 $103,000 $17,700 $85,300
2018 $4,450 $103,000 $17,700 $85,300
2017 $4,358 $103,000 $17,700 $85,300
2016 $4,193 $103,000 $17,700 $85,300
2015 $3,776 $103,000 $17,700 $85,300
2014 $3,515 $67,000 $11,500 $55,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000344119

Bright MLS

APN: 14-00024-0000-00010

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