NOT LISTED FOR SALE

222 E Broad St Burlington, NJ 08016

Estimated Value: $234,793 - $292,000

Studio
-- Bath
2,136 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $60,000 $28 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $1,872/month

82 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Clarkson Playground

About This Home

As of July 2019

Investor Alert!!!! This property is in need of renovation. Please use caution while touring the property.

Last Agent to Sell the Property

Brad Sasaki

(609) 937-2261 brad@RMXWorldClass.com RE/MAX World Class Realty Listed on: 03/14/2019

RE/MAX World Class Realty

Last Buyer's Agent

Tom Santoro

tsantoronj@gmail.com KeyTide Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 160.00

Parking

  • Off-Site Parking

Home Design

  • 2,136 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Schools

  • Captain James Lawrence Elementary School
  • Wilbur Watts Intermediate School
  • Burlington City High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 05-00144-00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Total Sq Ft: 2136
  • Living Area Sq Ft: 2136
  • Price Per Sq Ft: 30.43
  • Above Grade Finished Sq Ft: 2136
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CAPTAIN JAMES LAWRENCE E.S.
  • High School: BURLINGTON CITY H.S.
  • Middle Or Junior School: WILBUR WATTS INTERMEDIATE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 92100.00
  • Land Assessed Value: 11500.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 20.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3200.00
  • Zoning: TC-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 1605361
  • Tax Annual Amount: 3950.00
  • Assessor Parcel Number: 05-00144-00007
  • Tax Lot: 00007
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jul 16, 2019
Sold by
Better Element Llc
Bought by
Csh Property Llc
Seller's Agent
Brad Sasaki
RE/MAX World Class Realty
Buyer's Agent
Tom Santoro
KeyTide Realty
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$269,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,948
Avg. Annual Appreciation
26.03%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Kahr Joshua D
Bought by
Better Element Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Meljo Llc
Bought by
Kahr Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Csh Property Llc $60,000 Old Republic Natl Ttl Ins Co
Better Element Llc $26,000 S&H Abstract Co
Kahr Joshua $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Better Element Llc $23,400
Previous Owner Kahr Joshua $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2019 07/22/19 Sold $60,000 -7.7% $28 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $65,000 -- $30 / 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 $5,703 $131,700 $11,500 $120,200
2024 $5,603 $131,700 $11,500 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL325514

Bright MLS

APN: 05-00144-0000-00007