NOT LISTED FOR SALE

223 W Grape St Vineland, NJ 08360

Estimated Value: $255,212 - $284,000

-- Bed
-- Bath
1,939 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $280,000 $144 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,772/month

7 Days on Market

Highlights

  • More Than Two Accessible Exits
  • Storage Shed
  • Hot Water Baseboard Heater

About This Home

As of May 2024

Investor alert!!! This is a triplex with 2 additional outbuildings to rent.There are 2 - 2 bedroom units and 1- 1 bedroom unit, plus coin operated laundry facility, 1 car garage, and a massive 18 X 60 , 2 level storage building with a full basement, to maximize cash flow.New Vinyl siding, most of the roof replace 1 year ago.Rent role is 2br $950, 1br $850 (sec 8), 2br $825, 1 car garage $100, outbuilding is vacant.This property has documentation from the city of Vineland that it is a legal triplex!This property can be purchased as a package with 606 Pine St Vineland

Last Agent to Sell the Property

Mark Pastore

Graham/Hearst Real Estate Company Listed on: 03/25/2024

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1910

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00

Home Design

  • 1,939 Sq Ft Home
  • Triplex
  • Converted Dwelling
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Laundry

  • Washer
  • Gas Dryer

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Private Parking
  • Off-Street Parking

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Storage Shed

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water, trash collection
  • Tax Lot 00003
  • Assessor Parcel Number 14-03810-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,748

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-03-25
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert!!! This is a triplex with 2 additional outbuildings to rent. There are 2 - 2 bedroom units and 1- 1 bedroom unit, plus coin operated laundry facility, 1 car garage, and a massive 18 X 60 , 2 level storage building with a full basement, to maximize cash flow. New Vinyl siding, most of the roof replace 1 year ago. Rent role is 2br $950, 1br $850 (sec 8), 2br $825, 1 car garage $100, outbuilding is vacant. This property has documentation from the city of Vineland that it is a legal triplex! This property can be purchased as a package with 606 Pine St Vineland
  • Special Features: None

Interior Features

  • Appliances: Dryer - Gas, Washer
  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1939
  • Living Area Sq Ft: 1939
  • Price Per Sq Ft: 143.89
  • Above Grade Finished Sq Ft: 1939
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 223

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8999.00
  • Year Assessed: 2023
  • Zoning: 03

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 32700.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 4,Unit 5

Tax Info

  • Tax Annual Amount: 3748.00
  • Assessor Parcel Number: 14-03810-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1939
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/16/2024

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 16, 2024
Sold by
Panda Realty Group Llc
Bought by
Yasmia 3 Llc
Seller's Agent
Mark Pastore
Graham/Hearst Real Estate Company
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Views
64
Current Estimated Value
$269,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,197
Avg. Annual Appreciation
-2.69%
Original Mortgage
$1,000,000
Outstanding Balance
$990,388
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$720,206

Purchase Details

Closed on
Apr 4, 2018
Sold by
Kappauf Alan
Bought by
Panda Realty Group Llc

Purchase Details

Closed on
Mar 7, 2018
Sold by
Panda Realty Group Llc
Bought by
Alan Kappaue

Purchase Details

Closed on
Aug 11, 2016
Sold by
Kappauf Alan
Bought by
Panda Realty Group Llc

Purchase Details

Closed on
Feb 25, 2016
Sold by
Panda Realty Group Llc
Bought by
Kappauf Alan

Purchase Details

Closed on
Dec 17, 2007
Sold by
Kappauf Alan
Bought by
Panda Realty Group Llc

Purchase Details

Closed on
Dec 5, 2005
Sold by
Homecomings Financial Network
Bought by
Kappauf Alan
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
Yasmia 3 Llc $280,000 None Listed On Document
Yasmia 3 Llc $280,000 None Listed On Document
Panda Realty Group Llc -- --
Alan Kappaue -- --
Panda Realty Group Llc -- None Available
Kappauf Alan -- None Available
Panda Realty Group Llc -- --
Kappauf Alan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yasmla 3 Llc $200,000
Open Yasmia 3 Llc $1,000,000
Closed Yasmia 3 Llc $1,000,000
Previous Owner Kappauf Alan $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $280,000 +0.4% $144 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $279,000 -- $144 / 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 $3,773 $118,500 $17,700 $100,800
2024 $3,773 $118,500 $17,700 $100,800
2023 $3,748 $118,500 $17,700 $100,800
2022 $3,637 $118,500 $17,700 $100,800
2021 $3,570 $118,500 $17,700 $100,800
2020 $3,469 $118,500 $17,700 $100,800
2019 $3,421 $118,500 $17,700 $100,800
2018 $3,331 $118,500 $17,700 $100,800
2017 $3,164 $118,500 $17,700 $100,800
2016 $3,053 $118,500 $17,700 $100,800
2015 $2,940 $118,500 $17,700 $100,800
2014 $2,780 $118,500 $17,700 $100,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Pastore

    Seller's Agent in 2024

    Mark Pastore

    Graham/Hearst Real Estate Company

    (856) 498-8242

    27 in this area

    69 Total Sales

    Mark Pastore
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Map

Source: Bright MLS

MLS Number: NJCB2017262

Bright MLS

APN: 14-03810-0000-00003

New Jersey Cumberland County Vineland 08360

223 W Grape St, Vineland, NJ

This home is located at 223 W Grape St, Vineland, NJ 08360 since 25 March 2024 and is currently estimated at $269,803, approximately $139 per square foot. This property was built in 1910. 223 W Grape St is a home located in Cumberland County with nearby schools including Gloria M. Sabater Elementary School, Landis Middle School, and Vineland Senior High School.

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