NOT LISTED FOR SALE

221 W Kings Hwy Audubon, NJ 08106

Estimated Value: $513,000 - $666,000

-- Bed
-- Bath
2,300 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $470,000 $204 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,039/month

8 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances
  • Luxury Vinyl Plank Tile Flooring
  • Property is in excellent condition

About This Home

As of November 2022

Located in desirable Audubon, this beautiful & updated duplex features two, 2 bedroom and 1 bathroom units, newer roof (2019) with gutter guarding system, 2 car garage, updated insulation (2020) and so much more. One unit is currently rented, and the other is owner occupied. This home is a great option for an investor or another owner occupant. Each unit features separately metered electric (separate solar panel systems for each unit help keep bills low) & gas, and updated natural gas forced air heaters, central air, & hot water heaters. A bright, welcoming sunroom provides a sheltered entrance to the main floor unit. Upon entering, you are greeted by newer vinyl plank flooring that flows throughout the unit. An amazing kitchen features white, soft close cabinets & granite counters along the wall. Stainless steel appliances are included. A beautiful kitchen island was added with quartz counters, grey cabinets, and recessed lights to accentuate the space. An open floor plan really differentiates this unit from others you may see. The dining area features the same beautiful flooring, stunning lighting, and plenty of space for a table. The living area features an electric fireplace with stunning stone front (2020) and color changing lights (via an app on your phone). The seller has converted one of the closets into a storage/dry bar area, but the closet to the right provides plenty of room for coats. The main floor bathroom has been recently updated. There are two generously sized bedrooms at the back of the unit, with ample closet space. You will love the modern finishes, neutral paint, and open floor plan of this unit. From this unit, you can also directly access the full, unfinished basement. The upstairs 2 bedroom,1 bathroom unit is rented for $1600 per month to a longer term tenant, plus they their own utilities. Similar to the main floor unit in layout, upstairs you will find similar upgrades- white, soft close kitchen cabinets, granite counters, stainless steel appliances, and generously sized bedrooms. Throughout the upstairs, you will notice the newer carpets throughout, and the overall well maintained unit. Market rent for this unit is likely about $2000-2100 per month. The exterior of the home has an easy to maintain brick structure, and walkways were recently coated with an anti-slip epoxy for safety. The recently repaved driveway (2021) is shared with the home next door, but opens in the back to private parking space and a 2 car detached garage with storage (could rent for $100-150 per month). There is also yard space with a fire pit, pergola, which is perfect for entertaining. Garage sold as is.

Last Agent to Sell the Property

Timothy Belko

BHHS Fox & Roach-Washington-Gloucester License #0564155 Listed on: 10/08/2022

BHHS Fox & Roach-Washington-Gloucester

Co-Listed By

Brian Belko

BHHS Fox & Roach-Washington-Gloucester License #8644513

Last Buyer's Agent

Silvia Hatzell

Keller Williams - Main Street

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,679

Year Built

  • Built in 1935

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50.00 x 180.00
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Schools

  • Audubon High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 00007
  • Assessor Parcel Number 01-00093-00007

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,679

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Existing Appliances in As Is Condition
  • New Construction: No
  • Expected On Market: 2022-10-10
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 189.13
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • High School: AUDUBON H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396982
  • School District Source: Listing Agent
  • High School: AUDUBON H.S.

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.60
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESID

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 48000.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 10679.00
  • Assessor Parcel Number: 01-00093-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 2300
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/30/2022

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Nov 28, 2022
Sold by
Almassou Adham A
Bought by
Hofmann Lynda
Seller's Agent
Timothy Belko
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Silvia Hatzell
Keller Williams - Main Street
List Price
$435,000
Sold Price
$470,000
Premium/Discount to List
$35,000
8.05%
Views
7
Current Estimated Value
$557,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,448
Avg. Annual Appreciation
6.71%
Original Mortgage
$270,000
Outstanding Balance
$259,583
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$300,820

Purchase Details

Listed on
Feb 14, 2019
Closed on
Feb 1, 2019
Sold by
Addison Quinn Development Llc
Bought by
Almassou Adham A
Seller's Agent
Tony RUSSO
Township Realty
Buyer's Agent
Tony RUSSO
Township Realty
Sold Price
$1,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$225,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Biondo Lisbeth M Del
Bought by
Addison Quinn Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hofmann Lynda $470,000 --
Almassou Adham A $265,000 Surety Title Company
Addison Quinn Development Llc $117,000 Surety Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Lynda $270,000
Previous Owner Almassou Adham A $225,250
Previous Owner Addison Quinn Development Llc $225,000
Previous Owner Biondo Lisbeth M Del $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $470,000 +8.0% $204 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/09/2022 10/09/22 For Sale $435,000 0.0% $189 / Sq Ft
09/20/2022 09/20/22 Price Changed $435,000 0.0% $189 / Sq Ft
03/04/2019 03/04/19 Rented $1,600 0.0% --
02/14/2019 02/14/19 For Rent $1,600 0.0% --
01/31/2019 01/31/19 Sold $265,000 -5.2% $115 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $279,500 +5.5% $122 / Sq Ft
11/14/2018 11/14/18 Off Market $265,000 -- --
09/28/2018 09/28/18 Price Changed $279,500 -0.7% $122 / Sq Ft
08/20/2018 08/20/18 Price Changed $281,500 -0.4% $122 / Sq Ft
07/24/2018 07/24/18 Price Changed $282,500 -0.7% $123 / Sq Ft
06/25/2018 06/25/18 For Sale $284,500 0.0% $124 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $284,500 -3.4% $124 / Sq Ft
05/07/2018 05/07/18 Price Changed $294,500 -1.8% $128 / Sq Ft
04/19/2018 04/19/18 For Sale $300,000 -- $130 / 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 $11,841 $293,300 $100,700 $192,600
2024 $11,448 $293,300 $100,700 $192,600
2023 $11,448 $293,300 $100,700 $192,600
2022 $11,142 $293,300 $100,700 $192,600
2021 $10,679 $293,300 $100,700 $192,600
2020 $10,576 $293,300 $100,700 $192,600
2019 $10,436 $293,300 $100,700 $192,600
2018 $10,307 $293,300 $100,700 $192,600
2017 $10,092 $293,300 $100,700 $192,600
2016 $9,828 $293,300 $100,700 $192,600
2015 $9,509 $293,300 $100,700 $192,600
2014 $9,418 $293,300 $100,700 $192,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2035068

Bright MLS

APN: 01-00093-0000-00007