NOT LISTED FOR SALE

218 E 2nd St Florence, NJ 08518

Estimated Value: $290,000 - $357,000

-- Bed
-- Bath
1,874 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $187,500 $100 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,198/month

Highlights

  • Colonial Architecture
  • Back and Side Yard
  • Hot Water Heating System
  • No HOA
  • More Than Two Accessible Exits
  • 3-minute walk to Clark T. Carey Memorial Park

About This Home

As of February 2021

This is the Perfect home to live in one and rent the other for additional income! There is a 3 bedroom unit (2nd and 3rd floors) and a first floor one bedroom unit complete with washer, dryer, refrigerator, updated kitchen and bath. This location is one of the best in Florence. Each unit has separate heating and the heaters are both only 2 years old! Completely fenced yard with off street parking if desired. Currently the owner lives in the 2nd floor unit and the first floor unit is available to rent for additional income, etc. Ideal situation for an in-law suite. The exterior is completely maintenance free. This won't last long!

Last Agent to Sell the Property

Cathy Hutchison

(609) 784-8021 sunny5554@aol.com RE/MAX at Home License #7849121 Listed on: 11/11/2020

RE/MAX at Home

Last Buyer's Agent

Cathy Hutchison

(609) 784-8021 chutchison@remax.net RE/MAX At Home License #7849121

RE/MAX At Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1900

Lot Details

  • 7,095 Sq Ft Lot
  • Lot Dimensions are 64.50 x 110.00
  • Back and Side Yard

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,874 Sq Ft Home
  • Partial Basement

Parking

  • 8 Parking Spaces
  • 4 Driveway Spaces
  • 4 Off-Street Spaces
  • On-Street Parking
  • Fenced Parking

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Roebling Elementary School
  • Riverfront Middle School
  • Florence Township Memorial High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002 01
  • Assessor Parcel Number 15-00062-00002 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: 2 ranges, 2 refrigerators, washer and dryer
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1874
  • Living Area Sq Ft: 1874
  • Price Per Sq Ft: 100.05
  • Above Grade Finished Sq Ft: 1874
  • Above Grade Finished Area Units: Square Feet

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
  • Parking Features: Asphalt Driveway, Fenced
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ROEBLING E.S.
  • High School: FLORENCE TOWNSHIP MEMORIAL
  • Middle Or Junior School: RIVERFRONT SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 129800.00
  • Land Assessed Value: 69400.00
  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 64.50 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7095.00
  • Zoning: RESIDENTIAL

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1651278
  • Tax Annual Amount: 5136.00
  • Assessor Parcel Number: 15-00062-00002 01
  • Tax Lot: 00002 01
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 16, 2021
Sold by
Mehrer Earl S
Bought by
Village Holdings Llc
Seller's Agent
Cathy Hutchison
RE/MAX at Home
Buyer's Agent
Cathy Hutchison
RE/MAX at Home
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$330,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,619
Avg. Annual Appreciation
12.37%
Original Mortgage
$187,500
Outstanding Balance
$16,609
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,510
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
Village Holdings Llc $187,500 Fidelity National Ttl Ins Co
Village Holdings Llc $187,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Village Holdings Llc $187,500
Closed Village Holdings Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $187,500 0.0% $100 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $187,500 -- $100 / 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 $5,552 $199,200 $69,400 $129,800
2024 $5,315 $199,200 $69,400 $129,800
2023 $5,315 $199,200 $69,400 $129,800
2022 $5,201 $199,200 $69,400 $129,800
2021 $4,901 $199,200 $69,400 $129,800
2020 $5,135 $199,200 $69,400 $129,800
2019 $5,090 $199,200 $69,400 $129,800
2018 $5,046 $199,200 $69,400 $129,800
2017 $4,984 $199,200 $69,400 $129,800
2016 $4,888 $199,200 $69,400 $129,800
2015 $4,789 $199,200 $69,400 $129,800
2014 $4,655 $199,200 $69,400 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL385614

Bright MLS

APN: 15-00062-0000-00002-01