NOT LISTED FOR SALE

Estimated Value: $141,000 - $178,617

-- Bed
-- Bath
1,276 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $160,000 $125 Per Sq Ft

Current estimated payment $1,028/month

24 Days on Market

Highlights

  • Bathtub with Shower
  • Carpet
  • 3-minute walk to Mcguire Gardens Park
  • Combination Dining and Living Room
  • Heating Available

About This Home

As of September 2023

Welcome to 218 Morse Street, Camden, NJ! This legal duplex offers an excellent investment opportunity for those looking to add to their real estate portfolio or generate rental income. With two separate units, each featuring a Kitchen, Living/Dining area, one bedroom and one bath, this property provides versatility and potential for both investors and homeowners.

Being sold in "As Is" condition. The units are currently tenant occupied on a month-to-month basis, ensuring immediate income for the new owner. Whether you choose to maintain the current rental arrangement or explore other possibilities, this property offers flexibility and the potential for stable cash flow.

Situated in a convenient location, 218 Morse Street provides easy access to amenities, public transportation, and major highways, making it an attractive choice for tenants and residents alike. Camden's vibrant community offers a range of dining, shopping (supermarket is walking distance!), and entertainment options.

Don't miss out on the opportunity to buy this affordable duplex! Contact me today!

Last Agent to Sell the Property

Carolina Roman

(856) 655-1285 housesbecominghomes@gmail.com Weichert Realtors-Mullica Hill Listed on: 07/09/2023

Weichert Realtors-Mullica Hill

Last Buyer's Agent

Jazmin Mcclain

(908) 531-1362 jazmcclain@gmail.com Keyvest, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1929

Lot Details

  • 1,616 Sq Ft Lot
  • Lot Dimensions are 17.00 x 0.00

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Bathtub with Shower
  • 1,276 Sq Ft Home
  • Combination Dining and Living Room
  • Carpet
  • Unfinished Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Alley Access
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00057
  • Assessor Parcel Number 08-01235-00057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,063

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Range, Refrigerator
  • New Construction: No
  • Expected On Market: 2023-07-09
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to 218 Morse Street, Camden, NJ! This legal duplex offers an excellent investment opportunity for those looking to add to their real estate portfolio or generate rental income. With two separate units, each featuring a Kitchen, Living/Dining area, one bedroom and one bath, this property provides versatility and potential for both investors and homeowners. Being sold in "As Is" condition. The units are currently tenant occupied on a month-to-month basis, ensuring immediate income for the new owner. Whether you choose to maintain the current rental arrangement or explore other possibilities, this property offers flexibility and the potential for stable cash flow. Situated in a convenient location, 218 Morse Street provides easy access to amenities, public transportation, and major highways, making it an attractive choice for tenants and residents alike. Camden's vibrant community offers a range of dining, shopping (supermarket is walking distance!), and entertainment options. Don't miss out on the opportunity to buy this affordable duplex! Contact me today!
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet, Combination Dining/Living, Tub Shower
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 117.55
  • Above Grade Finished Sq Ft: 1276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 218

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
  • Type Of Parking: On Street, Alley

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: CAMDEN CITY SCHOOLS
  • School District Key: 300200396977
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1616.00
  • Year Assessed: 2022
  • Zoning: UNKNOWN
  • Zoning Description: Please look up zoning with township

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 2063.00
  • Assessor Parcel Number: 08-01235-00057
  • Tax Lot: 00057
  • Tax Total Finished Sq Ft: 1276
  • Tax Year: 2022
  • Close Date: 09/01/2023

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Sep 1, 2023
Sold by
Roman Felix
Bought by
Dixon Bilal
Seller's Agent
Carolina Roman
Weichert Realtors-Mullica Hill
Buyer's Agent
Jazmin Mcclain
Keyvest, LLC
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
237
Current Estimated Value
$160,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404
Avg. Annual Appreciation
0.12%
Original Mortgage
$120,000
Outstanding Balance
$117,516
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$42,888

Purchase Details

Closed on
Aug 15, 2007
Sold by
Murphy Ellen
Bought by
Roman Felix
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
Dixon Bilal $160,000 Your Hometown Title
Dixon Bilal $160,000 Your Hometown Title
Roman Felix $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Bilal $120,000
Closed Dixon Bilal $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $160,000 +6.7% $125 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $150,000 -- $118 / 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 $2,175 $61,400 $18,200 $43,200
2024 $2,103 $61,400 $18,200 $43,200
2023 $2,103 $61,400 $18,200 $43,200
2022 $2,064 $61,400 $18,200 $43,200
2021 $2,056 $61,400 $18,200 $43,200
2020 $1,953 $61,400 $18,200 $43,200
2019 $1,870 $61,400 $18,200 $43,200
2018 $1,860 $61,400 $18,200 $43,200
2017 $1,814 $61,400 $18,200 $43,200
2016 $1,757 $61,400 $18,200 $43,200
2015 $1,691 $61,400 $18,200 $43,200
2014 $1,650 $61,400 $18,200 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2050242

Bright MLS

APN: 08-01235-0000-00057