NOT LISTED FOR SALE

218 Foundry St Florence, NJ 08518

Estimated Value: $265,000 - $364,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $200,000

Est. 53% increase in value since last sale

Current estimated payment $2,049/month

55 Days on Market

About This Home

As of March 2022

Looking for an investment property? This home has 2 rental units. Second floor has two bedrooms, bath, living room and large kitchen and ready to be occupied. The first floor is currently a large one bedroom unit but waiting to be finished to your specifications. Or finish it to a two bedroom unit as well! There is also a large basement that either unit can use for storage and a large back yard. Parking can be off street by using public alley in back of building. All of this within walking distance of the best parks around and to downtown Florence.

Last Agent to Sell the Property

Debra Richford

ERA Central Realty Group License #0231782 Listed on: 10/27/2021

ERA Central Realty Group

Co-Listed By

Christine Kuhlman

ERA Central Realty Group License #7857605

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 24 x 190

Parking

  • No Garage

Home Design

  • Duplex
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Stove

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15-00014-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,383

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 2578
  • Co List Office Phone: 609-259-0200
  • Subdivision Name: None
  • Reso Flooring: Laminate, Other
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 24 x 190
  • Location Middle School: Riverfront
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Floors Laminate2: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.1
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Riverfront

Lot Info

  • Lot Dimensions: 24 x 190
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 15-00014-0000-00007
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4383.0
  • Tax Other Annual Assessment Amount: 170000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Roebling
  • High School: Florence Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Kish Eric Joseph
Bought by
218 Foundry Street Trust and Equity Holding Corp
Current Estimated Value
$306,000

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 27, 2022
Sold by
218 Foundry Street Llc
Bought by
Kish Eric Joseph
Seller's Agent
Debra Richford
ERA Central Realty Group
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$310,191
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2006
Sold by
Russell Ursula
Bought by
218 Foundry Street Llc

Purchase Details

Closed on
Jun 7, 2000
Sold by
Scully Paul
Bought by
Russell Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,650
Interest Rate
8.48%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
218 Foundry Street Trust -- None Listed On Document
Kish Eric Joseph $200,000 All Ahead Title
218 Foundry Street Llc $140,000 Emerald Title Agency
Russell Ursula $69,500 Collegiate Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kish Eric Joseph $310,191
Previous Owner 218 Foundry Street Llc $117,000
Previous Owner Russell Ursula $48,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $200,000 0.0% --
03/12/2022 03/12/22 For Sale $200,000 0.0% --
12/21/2021 12/21/21 Pending -- -- --
11/23/2021 11/23/21 Price Changed $200,000 -11.1% --
10/27/2021 10/27/21 For Sale $225,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,738 $207,000 $35,300 $171,700
2024 $4,536 $170,000 $35,300 $134,700
2023 $4,536 $170,000 $35,300 $134,700
2022 $4,439 $170,000 $35,300 $134,700
2021 $4,394 $170,000 $35,300 $134,700
2020 $4,383 $170,000 $35,300 $134,700
2019 $4,344 $170,000 $35,300 $134,700
2018 $4,306 $170,000 $35,300 $134,700
2017 $4,253 $170,000 $35,300 $134,700
2016 $4,172 $170,000 $35,300 $134,700
2015 $4,433 $184,400 $39,200 $145,200
2014 $4,309 $184,400 $39,200 $145,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22135048

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-00014-0000-00007