NOT LISTED FOR SALE

228 W 3rd St Florence, NJ 08518

Estimated Value: $326,000 - $378,000

-- Bed
-- Bath
1,440 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $320,000 $222 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,272/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • More Than Two Accessible Exits

About This Home

As of April 2024

Very well maintained 2 large one-bedroom units! This is a detached free-standing building. This duplex was completely renovated in the past 5-6 years including new utilities, heaters, and central air units. The first-floor apartment pays $1600.00 a month and has use of the basement for storage and washer and dryer. Separate heaters and central air for each apartment. Tenants pay for their own heat and electric. The 2nd floor apartment pays $1400.00 a month and has use of the 3rd floor attic for additional storage or possible office. (This room cannot be considered a bedroom). There is also a combination washer/dryer unit. The 1 car garage is currently being used by the owner for storage that could offer more income. Fully fenced separate yards. The current leases are through December 2024. (Featured pictures are prior to the tenants moving in.)

Last Agent to Sell the Property

Cathy Hutchison

RE/MAX at Home License #7849121 Listed on: 03/13/2024

RE/MAX at Home

Last Buyer's Agent

Nathaniel Parker

RE/MAX of Princeton

RE/MAX of Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1920

Lot Details

  • 3,698 Sq Ft Lot
  • Lot Dimensions are 37.00 x 100.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 1,440 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Frame Construction

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Roebling Elementary School
  • Riverfront Middle School
  • Florence Twp. Mem. High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00005
  • Assessor Parcel Number 15-00043-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Very well maintained 2 large one-bedroom units! This is a detached free-standing building. This duplex was completely renovated in the past 5-6 years including new utilities, heaters, and central air units. The first-floor apartment pays $1600.00 a month and has use of the basement for storage and washer and dryer. Separate heaters and central air for each apartment. Tenants pay for their own heat and electric. The 2nd floor apartment pays $1400.00 a month and has use of the 3rd floor attic for additional storage or possible office. (This room cannot be considered a bedroom). There is also a combination washer/dryer unit. The 1 car garage is currently being used by the owner for storage that could offer more income. Fully fenced separate yards. The current leases are through December 2024. (Featured pictures are prior to the tenants moving in.)
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 236.04
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: ROEBLING E.S.
  • Middle School: RIVERFRONT SCHOOL
  • High School: FLORENCE TWP. MEM. H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396948
  • School District Source: Listing Agent
  • Elementary School: ROEBLING E.S.
  • High School: FLORENCE TWP. MEM. H.S.
  • Middle Or Junior School: RIVERFRONT SCHOOL

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 37.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3698.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Sewer, Water
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4588.00
  • Assessor Parcel Number: 15-00043-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1440
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 25, 2024
Sold by
Knigge Carol Ann and Christian Keith
Bought by
Chahal Amitbir
Seller's Agent
Cathy Hutchison
RE/MAX at Home
Buyer's Agent
Nathaniel Parker
RE/MAX of Princeton
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
63
Current Estimated Value
$343,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,698
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Sep 10, 2018
Sold by
Midfirst Bank
Bought by
Knigge Carol Ann and Knigge Christian Keith

Purchase Details

Closed on
May 2, 2018
Sold by
Briggs Yolanda M and Briggs Johnson Yolanda M
Bought by
Midfirst Bank

Purchase Details

Closed on
Jun 6, 2017
Sold by
Briggs Yolanda M
Bought by
Midfirst Bank

Purchase Details

Closed on
May 16, 1996
Sold by
Norcross Charlotte T and Norcross Jack L
Bought by
Johnson Eric

Purchase Details

Closed on
Aug 5, 1994
Sold by
Hud
Bought by
Norcross Charlotte T and Norcross Jack L
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
Chahal Amitbir $320,000 Fidelity National Title
Knigge Carol Ann $51,000 S & H Abstract Co
Midfirst Bank -- None Available
Midfirst Bank -- None Available
Johnson Eric $87,500 Medford Title Agency Inc
Norcross Charlotte T $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knigge Carol Ann $115,500
Previous Owner Johnson Eric $17,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $320,000 -5.9% $222 / Sq Ft
03/13/2024 03/13/24 For Sale $339,900 -- $236 / 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 $4,794 $208,900 $43,700 $165,200
2024 $4,589 $172,000 $43,700 $128,300
2023 $4,589 $172,000 $43,700 $128,300
2022 $4,491 $172,000 $43,700 $128,300
2021 $4,451 $172,000 $43,700 $128,300
2020 $3,926 $152,300 $43,700 $108,600
2019 $3,891 $152,300 $43,700 $108,600
2018 $3,858 $152,300 $43,700 $108,600
2017 $3,811 $152,300 $43,700 $108,600
2016 $3,737 $152,300 $43,700 $108,600
2015 $4,053 $168,600 $48,500 $120,100
2014 $3,940 $168,600 $48,500 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2061630

Bright MLS

APN: 15-00043-0000-00005