$130,000
SOLD JAN 6, 2023

228 Mercer St Gloucester City, NJ 08030

3 Beds
1 Bath
1,504 Sq Ft
1,699 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Room
  • No HOA
  • Central Air
  • Hot Water Heating System

About This Home

As of January 2023

This home is located at 228 Mercer St, Gloucester City, NJ 08030 and is currently priced at $130,000, approximately $86 per square foot. This property was built in 1910. 228 Mercer St is a home located in Camden County with nearby schools including Cold Springs School, Gloucester City Middle School, and Gloucester City Junior/Senior High School.

Last Agent to Sell the Property

Katherine Schell

Penzone Realty License #1752392 Listed on: 11/28/2022

Last Buyer's Agent

Frank Tees

Joe Wiessner Realty LLC License #1434902

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1910

Lot Details

  • 1,699 Sq Ft Lot
  • Lot Dimensions are 20.00 x 85.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • 1,504 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 14-00029-00007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,693

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1504
  • Living Area Sq Ft: 1504
  • Price Per Sq Ft: 85.11
  • Above Grade Finished Sq Ft: 1504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 61000.00
  • Land Assessed Value: 17500.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1699.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1851242
  • Tax Annual Amount: 3693.00
  • Assessor Parcel Number: 14-00029-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/06/2023

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 5, 2023
Sold by
Marmo Properties Llc
Bought by
Merulla Michael A
Seller's Agent
Katherine Schell
Penzone Realty
Buyer's Agent
Frank Tees
Joe Wiessner Realty LLC
List Price
$128,000
Sold Price
$130,000
Premium/Discount to List
$2,000
1.56%
Views
16
Current Estimated Value
$183,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,412
Avg. Annual Appreciation
16.12%
Original Mortgage
$104,000
Outstanding Balance
$101,264
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$89,618

Purchase Details

Listed on
Apr 29, 2017
Closed on
Dec 27, 2017
Sold by
Velazquez Luis N
Bought by
Marmo Properties Llc
Seller's Agent
David Ralic
Society
Buyer's Agent
Donna Flood Macdermott
BHHS Fox & Roach-Mullica Hill South
List Price
$130,000
Sold Price
$45,000
Premium/Discount to List
-$85,000
-65.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
Original Mortgage
$50,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2010
Sold by
Bell David Allen and Bell Tina Marie
Bought by
Velazquez Luis N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,704
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2000
Sold by
Costello Michael A
Bought by
Bell David Allen and Bell Tina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,038
Interest Rate
8.21%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $130,000 Core Title
Executors Deed $45,000 Surety Title Co
Deed $89,900 --
Deed $56,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,000 New Conventional
Previous Owner $50,000 Commercial
Previous Owner $88,704 FHA
Previous Owner $58,038 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $130,000 +1.6% $86 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $128,000 +184.4% $85 / Sq Ft
12/13/2017 12/13/17 Sold $45,000 0.0% $30 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $45,000 -65.4% $30 / Sq Ft
04/29/2017 04/29/17 For Sale $130,000 -- $86 / 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
2024 $3,928 $78,500 $17,500 $61,000
2023 $3,928 $78,500 $17,500 $61,000
2022 $3,693 $78,500 $17,500 $61,000
2021 $3,657 $78,500 $17,500 $61,000
2020 $3,531 $78,500 $17,500 $61,000
2019 $3,459 $78,500 $17,500 $61,000
2018 $3,391 $78,500 $17,500 $61,000
2017 $3,321 $78,500 $17,500 $61,000
2016 $3,196 $78,500 $17,500 $61,000
2015 $2,878 $78,500 $17,500 $61,000
2014 $2,744 $52,300 $11,200 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2038884

Bright MLS

APN: 14-00029-0000-00007