NOT LISTED FOR SALE

224 Cumberland St Gloucester City, NJ 08030

-- Bed
-- Bath
-- Sq Ft
5,600 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $300,000

Highlights

  • Straight Thru Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Proprietors Park

About This Home

As of April 2022

This sale includes both 224 & 226 Cumberland St.
224 has a 1 bedroom unit and a 3 bedroom unit.
226 has (2) 1 bedroom units. Lease information
224 unit A vacant
224 unit B 7/22
226 unit A 5/22
226 unit B 1/22

Last Agent to Sell the Property

Sid Benstead

(609) 870-2249 sidbenstead@aol.com BHHS Fox & Roach-Marlton Listed on: 01/14/2022

BHHS Fox & Roach-Marlton

Last Buyer's Agent

Sid Benstead

(609) 870-2249 sidbenstead@aol.com BHHS Fox & Roach-Marlton Listed on: 01/14/2022

BHHS Fox & Roach-Marlton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,869

Year Built

  • Built in 1900

Lot Details

  • 5,600 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Straight Thru Architecture

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, water, sewer, advertising/licenses and permits

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $10,447
  • Gross Income $49,440
  • Net Operating Income $38,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,869

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224-226

Exterior Features

  • Other Structures: Above Grade
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5600.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Taxes - Real Estate, Water, Sewer, Advertising/Licenses And Permits
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Gross Income: 49440.00
  • Gross Scheduled Income: 49440.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 10447.00

Tax Info

  • Tax Annual Amount: 5869.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 04/08/2022

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

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

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $300,000 -13.0% --
02/09/2022 02/09/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $345,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2015966

Bright MLS