NOT LISTED FOR SALE

226 S King St Gloucester City, NJ 08030

Estimated Value: $188,000

2 Beds
1 Bath
1,206 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $140,000 $116 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,333/month

33 Days on Market

Highlights

  • River View
  • Stream or River on Lot
  • Ceiling height of 9 feet or more
  • Colonial Architecture
  • Wood Flooring
  • 1-minute walk to Proprietors Park

About This Home

As of January 2022

This home has amazing views of the river. Just across the street from the park. Enjoy the outside concerts, fishing or stroll through the park all this is just steps away from your front door! The park is open dusk till dawn . This is such a peaceful setting. This was a rental property in the past and never had issues finding good tenants. But the owner is ready to give up his personal oasis, and "pay it forward" to the next owner . The current tenant would love to stay, but is month to month. She's a dream tenant !
Own your own little piece of Gloucester City for no more than the average rent. Perfect home for a 203B loan if you want to add a second bathroom - Use the $10,000 Home Seeker program and you might be able to acquire this with no money down!
Call me for more information.- more photos are coming !!! This great house will go fast!

Last Agent to Sell the Property

Maureen Festinger

BHHS Fox & Roach - Haddonfield License #1435251 Listed on: 10/30/2021

BHHS Fox & Roach - Haddonfield

Last Buyer's Agent

Keith Ludwick

Commercial Transfer Group, LLC License #8745877

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,265

Year Built

  • Built in 1900

Lot Details

  • 1,458 Sq Ft Lot
  • Lot Dimensions are 18.00 x 81.00
  • Additional Parcels
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Flat Roof Shape
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,206 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Great Room
  • Wood Flooring
  • River Views
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot

Schools

  • Gloucester City Junior Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 150 Amp Service
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00022 02
  • Assessor Parcel Number 14-00077-00022 02

Community Details

Overview

  • No Home Owners Association
  • Gloucester Heights Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,265

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: sellers personal items
  • Home Warranty: No
  • Inclusions: washer and dryer, fridge , range
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-30
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This home has amazing views of the river. Just across the street from the park. Enjoy the outside concerts, fishing or stroll through the park all this is just steps away from your front door! The park is open dusk till dawn . This is such a peaceful setting. This was a rental property in the past and never had issues finding good tenants. But the owner is ready to give up his personal oasis, and "pay it forward" to the next owner . The current tenant would love to stay, but is month to month. She's a dream tenant ! Own your own little piece of Gloucester City for no more than the average rent. Perfect home for a 203B loan if you want to add a second bathroom - Use the $10,000 Home Seeker program and you might be able to acquire this with no money down! Call me for more information.- more photos are coming !!! This great house will go fast!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, High, Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Bedroom 2, Kitchen, Basement, Bedroom 1, Great Room, Bathroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 1206
  • Living Area Sq Ft: 1206
  • Price Per Sq Ft: 121.89
  • Above Grade Finished Sq Ft: 1206
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Flat
  • Spa: No
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Available, Phone Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Improvement Assessed Value: 58400.00
  • Land Assessed Value: 15700.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 81.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1458.00
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1852238
  • Tax Annual Amount: 3265.00
  • Assessor Parcel Number: 14-00077-00022 02
  • Tax Lot: 00022 02
  • Tax Year: 2019
  • Close Date: 01/25/2022

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Jan 25, 2022
Sold by
Gorman and Erin
Bought by
226 S King Street Llc
Seller's Agent
Maureen Festinger
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Keith Ludwick
Commercial Transfer Group, LLC
List Price
$147,000
Sold Price
$140,000
Premium/Discount to List
-$7,000
-4.76%
Current Estimated Value
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,000
Avg. Annual Appreciation
6.41%
Original Mortgage
$140,000
Outstanding Balance
$131,901
Interest Rate
3.69%
Mortgage Type
Construction
Estimated Equity
$43,099

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 19, 2019
Sold by
Gorman Joseph P
Bought by
Gorman Sean and Gorman Erin
Seller's Agent
Maureen Festinger
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Maureen Festinger
BHHS Fox & Roach - Haddonfield
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$88,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2007
Sold by
Wynne Daniel
Bought by
Gorman Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
226 S King Street Llc $140,000 First American Title
Gorman Sean $110,000 Core Title
Gorman Joseph P $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 226 S King Street Llc $140,000
Closed 226 S King Street Llc $140,000
Previous Owner Gorman Sean $93,750
Previous Owner Gorman Sean $88,000
Previous Owner Gorman Joseph P $35,000
Previous Owner Gorman Joseph P $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $140,000 -4.8% $116 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $147,000 +33.6% $122 / Sq Ft
08/19/2019 08/19/19 Sold $110,000 0.0% $91 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $110,000 -- $91 / 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 $3,715 $74,100 $15,700 $58,400
2024 $3,708 $74,100 $15,700 $58,400
2023 $3,708 $74,100 $15,700 $58,400
2022 $3,486 $74,100 $15,700 $58,400
2021 $3,452 $74,100 $15,700 $58,400
2020 $3,333 $74,100 $15,700 $58,400
2019 $3,265 $74,100 $15,700 $58,400
2018 $3,201 $74,100 $15,700 $58,400
2017 $3,135 $74,100 $15,700 $58,400
2016 $3,017 $74,100 $15,700 $58,400
2015 $2,717 $74,100 $15,700 $58,400
2014 $2,738 $52,200 $11,000 $41,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD2009846

Bright MLS

APN: 14-00077-0000-00022-02