$340,000
SOLD DEC 10, 2024

229 Sylvan Ave Gloucester City, NJ 08030

-- Bed
-- Bath
1,894 Sq Ft
9,374 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

5% Above List Price

34 Days on Market

Highlights

  • 0.22 Acre Lot
  • Property is in very good condition
  • Radiator

About This Home

As of December 2024

Duplex with two 2 bedroom units. The upstairs is occupied and was refreshed prior to move in a few years ago. The downstairs has been fully renovated with new stainless steel appliances and updated bathroom, floors and kitchen. The basement is a clean, empty box with access through the back door only.

Last Agent to Sell the Property

Andrew Gleaner

Realty Solutions LLC Listed on: 09/28/2024

Last Buyer's Agent

Joe Polidoro

Society License #2442570

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,455

Year Built

  • Built in 1915

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 75.00 x 125.00
  • Property is in very good condition

Home Design

  • 1,894 Sq Ft Home
  • Duplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Kitchen

  • Stove

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 14-00247-00016

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • Highland Park Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,455

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Resident Belongings
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Duplex with two 2 bedroom units. The upstairs is occupied and was refreshed prior to move in a few years ago. The downstairs has been fully renovated with new stainless steel appliances and updated bathroom, floors and kitchen. The basement is a clean, empty box with access through the back door only.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1894
  • Living Area Sq Ft: 1894
  • Price Per Sq Ft: 166.31
  • Above Grade Finished Sq Ft: 1894
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 75.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9374.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 37200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7455.00
  • Assessor Parcel Number: 14-00247-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1894
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/10/2024

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Dec 23, 2024
Sold by
Crescendo Ventures Llc
Bought by
Nguyen Group Of New Jersey Llc
Seller's Agent
Andrew Gleaner
Realty Solutions LLC
Buyer's Agent
Joe Polidoro
Society
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Views
47
Current Estimated Value
$340,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724
Avg. Annual Appreciation
-2.30%
Original Mortgage
$263,917
Outstanding Balance
$262,761
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$71,594

Purchase Details

Closed on
Nov 19, 2019
Sold by
1St Colonial Community Bank
Bought by
Crescendo Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2019
Sold by
229 Sylvan Msrp Llc
Bought by
1St Colonial Community Bank

Purchase Details

Closed on
Mar 12, 2015
Sold by
Main Street Home Buyers Llc and Szkotak Paul
Bought by
229 Sylvan Msrp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 7, 2014
Sold by
Hagan Christine L
Bought by
Main Street Home Buyers Llc
Seller's Agent
JACK DILKS
Hambleton-Stewart Realty
Buyer's Agent
Haley DeStefano
Real Broker, LLC
List Price
$135,000
Sold Price
$150,000
Premium/Discount to List
$15,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$170,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Gloucester City, NJ

  • 501 S Broadway, Gloucester City, NJ 08030

    $318,200

    • Studio
    • 1,200 Sq Ft
    • 501 S Broadway
    • Gloucester City, NJ

    Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. Spacious 2nd floor 1 Bedroom 1 Bathroom apartment. Private entrance. Recently

    Maria Jobes-Hogan BHHS Fox & Roach-Mt Laurel

    Section Image
  • 840 Cumberland St, Gloucester City, NJ 08030

    $384,900

    • Studio
    • 2,464 Sq Ft
    • 840 Cumberland St
    • Gloucester City, NJ

    Investor Alert! Fantastic opportunity to own this fully fenced two-unit income-producing property with separate gas & electric meters and a new roof. Unit B (lower level) is currently vacant—featuring 3 bedrooms, 1 full bath, updated flooring, new carpet, fresh paint throughout, a spacious laundry room off the kitchen, and access to both the unfinished basement and backyard. Unit A (upper level)

    Shenna Hines Redfin

    Section Image
  • 221 S Broadway, Gloucester City, NJ 08030

    $275,000

    • Studio
    • 2,000 Sq Ft
    • 221 S Broadway
    • Gloucester City, NJ

    Exciting investment opportunity in the heart of Gloucester City! This mixed-use property features a fully equipped 1000 sq foot hair salon on the main level with great visibility and a welcoming layout ideal for continued business or a fresh new concept. Upstairs, you'll find two spacious 1-bedroom apartments, each with private entrances—perfect for generating rental income or

    Mary Beth Rettig Keller Williams - Main Street

    Section Image
  • 30 S Broadway, Gloucester City, NJ 08030

    $300,000

    • Studio
    • 30 S Broadway
    • Gloucester City, NJ

    Endless Opportunity at 30 S Broadway – Prime Mixed-Use Building in the Heart of Gloucester City!Welcome to 30 S Broadway – a fantastic mixed-use gem perfectly positioned in the thriving downtown district of Gloucester City! Whether you're an investor looking to expand your portfolio or a business owner dreaming of live-work potential, this property checks all the boxes.The first

    William B. Spinner Real Broker, LLC

    Section Image
  • 825 Jersey Ave, Gloucester City, NJ 08030

    $395,000

    • Studio
    • 3,000 Sq Ft
    • 825 Jersey Ave
    • Gloucester City, NJ

    PRICE IMPROVEMENT FOR A QUICK SALE !! As of August 2025, the commercial portion downstairs is vacant & available for business use ( please check with the township on allowable uses). The residential portion upstairs unit is rented for $2250 monthly as of 8/25/2025.This is a Hot investment property already earning income. Add to your portfolio & collect the rent.Showings will need to

    Tonya Boyce Peze & Associates

    Section Image
  • 500 Paul St, Gloucester City, NJ 08030

    $325,000

    • Studio
    • 500 Paul St
    • Gloucester City, NJ

    Turnkey Mixed-Use Building at 500 Paul St – Renovated & Ready in the Heart of Gloucester City!Welcome to 500 Paul St – a beautifully renovated mixed-use building just steps off Broadway and right next to the vibrant new Irishtown mural! Packed with character, history, and income potential, this versatile property is perfect for investors or owner-occupants looking to live, work, and

    William B. Spinner Real Broker, LLC

    Section Image
  • 326 Jersey Ave, Gloucester City, NJ 08030

    $389,900

    • Studio
    • 2,640 Sq Ft
    • 326 Jersey Ave
    • Gloucester City, NJ

    Attention investors! HOT SUMMER SPECIAL-JUST REDUCED!!!Beautifully remodeled duplex in 2019 located at 326 Jersey Avenue, Gloucester City, NJ is a Single Home with 2 Units located in a prime location with access to all major highways/bridges. It is a 10 min drive to downtown Camden Waterfront, 15 min drive to PHL Airport, 15 min drive to Olde City Philadelphia, 15 min Drive to Center City

    Patricia Fiume RE/MAX Of Cherry Hill

    Section Image

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 Type Sale Price Title Company
Deed $329,897 Pittman Title & Escrow
Deed $329,897 Pittman Title & Escrow
Deed $357,500 Surety Title Co
Deed In Lieu Of Foreclosure -- Brennan Title Abstract Llc
Bargain Sale Deed -- Surety Title Co Llc
Bargain Sale Deed $150,000 Surety Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,917 New Conventional
Closed $263,917 New Conventional
Previous Owner $1,500,000 Commercial
Previous Owner $150,000 Commercial
Previous Owner $170,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $340,000 +7.9% $180 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/23/2024 10/23/24 Off Market $315,000 -- --
10/15/2024 10/15/24 Price Changed $315,000 -3.1% $166 / Sq Ft
09/28/2024 09/28/24 For Sale $325,000 +116.7% $172 / Sq Ft
11/07/2014 11/07/14 Sold $150,000 +11.1% --
09/16/2014 09/16/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $135,000 -- --
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 $7,469 $147,000 $43,000 $104,000
2024 $7,456 $149,000 $43,000 $106,000
2023 $7,456 $149,000 $43,000 $106,000
2022 $7,010 $149,000 $43,000 $106,000
2021 $6,940 $149,000 $43,000 $106,000
2020 $6,702 $149,000 $43,000 $106,000
2019 $6,565 $149,000 $43,000 $106,000
2018 $6,437 $149,000 $43,000 $106,000
2017 $6,304 $149,000 $43,000 $106,000
2016 $6,066 $149,000 $43,000 $106,000
2015 $5,462 $149,000 $43,000 $106,000
2014 $5,377 $102,500 $26,100 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD2077026

Bright MLS

APN: 14-00247-0000-00016