NOT LISTED FOR SALE

Estimated Value: $354,582 - $396,000

-- Bed
-- Bath
1,975 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $313,000 $158 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,558/month

8 Days on Market

About This Home

As of May 2023

***Multiple Offers, Highest and Best due by March 16 at 8PM***. This two-unit property located in Hamilton Township offers a fantastic opportunity for an investor or an owner-occupant (live in one unit and rent out the other!) There have been some recent updates - newer flooring, kitchen cabinets, and counters. The 2nd-floor unit is currently occupied by tenant and rents for $1500 a month. From the first-time homebuyer to the seasoned investor, do not miss out on your chance to own this centrally-located, income-producing property.

Last Listed By

Karen Gwathney-Hofler

SBR Realty LLC License #RS361063 Listed on: 03/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1938

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,975 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Lalor Tract Subdivision

Listing and Financial Details

  • Tax Lot 00054
  • Assessor Parcel Number 03-02219-00054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal belongings
  • New Construction: No
  • Expected On Market: 2023-03-13
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Remarks Public: ***Multiple Offers, Highest and Best due by March 16 at 8PM***. This two-unit property located in Hamilton Township offers a fantastic opportunity for an investor or an owner-occupant (live in one unit and rent out the other!) There have been some recent updates - newer flooring, kitchen cabinets, and counters. The 2nd-floor unit is currently occupied by tenant and rents for $1500 a month. From the first-time homebuyer to the seasoned investor, do not miss out on your chance to own this centrally-located, income-producing property.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1975
  • Living Area Sq Ft: 1975
  • Price Per Sq Ft: 146.84
  • Above Grade Finished Sq Ft: 1975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Stucco
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 137600.00
  • Land Assessed Value: 26000.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3001.00
  • Year Assessed: 2022
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2104733
  • Tax Annual Amount: 5318.00
  • Assessor Parcel Number: 03-02219-00054
  • Tax Lot: 00054
  • Tax Total Finished Sq Ft: 1975
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/10/2023

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 1, 2023
Sold by
Jones William L
Bought by
Marcellus Kerry Jesn
Seller's Agent
Karen Gwathney-Hofler
SBR Realty LLC
Buyer's Agent
Lisa Hermann
Keller Williams Realty - Moorestown
List Price
$290,000
Sold Price
$313,000
Premium/Discount to List
$23,000
7.93%
Total Days on Market
8
Views
53
Current Estimated Value
$378,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,396
Avg. Annual Appreciation
9.80%
Original Mortgage
$266,050
Outstanding Balance
$260,099
Interest Rate
6.43%
Estimated Equity
$118,297

Purchase Details

Listed on
Apr 27, 2012
Closed on
Oct 14, 2012
Sold by
Mcgowan Sheree S and Sachs Sheree I
Bought by
Jones William L
Seller's Agent
Beverly Hubscher
Corcoran Sawyer Smith
Buyer's Agent
Jaime Amador
Leverage Realty*
List Price
$149,900
Sold Price
$147,000
Premium/Discount to List
-$2,900
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$144,281
Interest Rate
3.39%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Marcellus Kerry Jesn $313,000 Foundation Title
Jones William L $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcellus Kerry Jesn $266,050
Previous Owner Jones William $18,532
Previous Owner Jones William L $144,281
Previous Owner Sachs Sheree I $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $313,000 +7.9% $158 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $290,000 +97.3% $147 / Sq Ft
11/13/2012 11/13/12 Sold $147,000 -1.9% --
08/27/2012 08/27/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $149,900 -- --
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
2024 $5,404 $189,900 $26,000 $163,900
2023 $5,404 $163,600 $26,000 $137,600
2022 $5,319 $163,600 $26,000 $137,600
2021 $6,582 $163,600 $26,000 $137,600
2020 $5,993 $163,600 $26,000 $137,600
2019 $5,816 $163,600 $26,000 $137,600
2018 $5,739 $163,600 $26,000 $137,600
2017 $5,484 $163,600 $26,000 $137,600
2016 $4,424 $163,600 $26,000 $137,600
2015 $4,438 $85,200 $21,800 $63,400
2014 $4,380 $85,200 $21,800 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2027054

Bright MLS

APN: 03-02219-0000-00054