NOT LISTED FOR SALE

228 N 2nd St Millville, NJ 08332

Estimated Value: $230,976 - $275,000

-- Bed
-- Bath
2,700 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $200,000 $74 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,737/month

135 Days on Market

Highlights

  • Victorian Architecture
  • More Than Two Accessible Exits
  • Hot Water Baseboard Heater

About This Home

As of January 2024

Back on market! Investor opportunity! Don't miss out on the chance to make this Triplex yours. This property has 3 - 1 bedroom units with two storage spaces along with a 3rd floor with the option for different possiblities. the third floor has the potential to be converted to an additional rental unit with zoning approval. Unit 2 is currently occupied. Unit 1 is vacant and located in the front on the 1st floor. Unit 2 is vacant and located on the 2nd floor. Unit 3 is vacant and located on the 1st floor and towards the back of the building. A minimum of 24 hr notice required for showings to view the property. As-Is Sale.

Last Agent to Sell the Property

Abrianna Boston

(856) 305-9348 abriannaboston.swinkrealty@gmail.com Swink Realty License #2187237 Listed on: 08/09/2023

Last Buyer's Agent

Austin Cennimo

(609) 372-6863 acennimo1@gmail.com Keller Williams Realty - Moorestown License #2184680

Keller Williams Realty - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1912

Lot Details

  • 3,280 Sq Ft Lot
  • Lot Dimensions are 40.00 x 82.00

Parking

  • On-Street Parking

Home Design

  • 2,700 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Millville Senior High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 10-00412-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,742

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 88.89
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

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

Schools

  • School District: MILLVILLE BOARD OF EDUCATION
  • High School: MILLVILLE SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200396113
  • School District Source: 3rd Party
  • High School: MILLVILLE SENIOR

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 40.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3280.00
  • Year Assessed: 2022
  • Zoning: B-3

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4742.00
  • Assessor Parcel Number: 10-00412-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/30/2024

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Jan 24, 2024
Sold by
Weaver Paul and Weaver Antoinette
Bought by
228 N 2Nd Llc
Seller's Agent
Abrianna Boston
Swink Realty
Buyer's Agent
Austin Cennimo
Keller Williams Realty - Moorestown
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Views
43
Current Estimated Value
$250,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,994
Avg. Annual Appreciation
14.20%
Original Mortgage
$160,000
Outstanding Balance
$157,015
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$93,979

Purchase Details

Closed on
Nov 25, 1996
Sold by
Taormina Eugene and Taormina Marcia
Bought by
Weaver Paul and Weaver Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.8%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
228 N 2Nd Llc $200,000 Velocity Title
228 N 2Nd Llc $200,000 Velocity Title
Weaver Paul $80,000 Landis Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 228 N 2Nd Llc $160,000
Closed 228 N 2Nd Llc $160,000
Previous Owner Weaver Paul $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2024 01/30/24 Sold $200,000 -16.7% $74 / Sq Ft
08/09/2023 08/09/23 For Sale $240,000 -- $89 / 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 $5,040 $128,400 $14,900 $113,500
2024 $5,040 $128,400 $14,900 $113,500
2023 $4,869 $125,100 $14,900 $110,200
2022 $4,743 $125,100 $14,900 $110,200
2021 $4,303 $125,100 $14,900 $110,200
2020 $4,512 $125,100 $14,900 $110,200
2019 $4,303 $125,100 $14,900 $110,200
2018 $4,215 $125,100 $14,900 $110,200
2017 $4,176 $125,100 $14,900 $110,200
2016 $4,123 $125,100 $14,900 $110,200
2015 $4,031 $125,100 $14,900 $110,200
2014 $4,038 $125,100 $14,900 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2013892

Bright MLS

APN: 10-00412-0000-00016