NOT LISTED FOR SALE

23-27 E Union St Burlington, NJ 08016

-- Bed
-- Bath
-- Sq Ft
3,780 Sq Ft Lot

Last Sold August 30, 2016

Last sale price $130,000

8 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Burlington Towne Center
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom
  • Forced Air Heating System
  • 2-minute walk to Barclay Street Playground

About This Home

As of August 2016

Back on the market! Come all investors! 3 properties for the price of one. This property was approved for ask by bank. Ready to go can settle in 30 days! Building 23 has one occupied unit, a Section 8 recipient, both there for a number of years. Just passed Sec 8 inspection in Unit 2. Buildings #25 and #27 are complete rehab units with TLC needed in both sides, previously rented for $1100 each side. There is also a 3rd floor which could be completed for another two units. All units have separate utilities. Great location, near the river and promenade which is an up and coming area for the City in the future. Come take a look, for those investors looking to find a diamond in the rough this one is it. This is a short sale, third party approval for commissions. Bank approved for ask! Come with full offer and see the potential in these 3 units. Burlington City downtown area is coming back to life with the new Promenade Complex and eateries. Call to schedule appointment.

Last Agent to Sell the Property

Linda Gregorowicz

Property Management Services of Burlington County License #9231540 Listed on: 06/30/2016

Last Buyer's Agent

Linda Gregorowicz

Property Management Services of Burlington County License #9231540 Listed on: 06/30/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1861

Lot Details

  • 3,780 Sq Ft Lot
  • Lot Dimensions are 54x70
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Wall to Wall Carpet
  • Vinyl

Attic

  • Storage In Attic

Schools

  • Burlington City High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00039
  • Assessor Parcel Number 05-00118-00039

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,300
  • Maintenance Expense $1,500
  • Operating Expense $13,933

Property Details

Home Type

Multi-Family

Year Built

Built in 1861

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1861
  • Remarks Public: Back on the market! Come all investors! 3 properties for the price of one. This property was approved for ask by bank. Ready to go can settle in 30 days! Building 23 has one occupied unit, a Section 8 recipient, both there for a number of years. Just passed Sec 8 inspection in Unit 2. Buildings #25 and #27 are complete rehab units with TLC needed in both sides, previously rented for $1100 each side. There is also a 3rd floor which could be completed for another two units. All units have separate utilities. Great location, near the river and promenade which is an up and coming area for the City in the future. Come take a look, for those investors looking to find a diamond in the rough this one is it. This is a short sale, third party approval for commissions. Bank approved for ask! Come with full offer and see the potential in these 3 units. Burlington City downtown area is coming back to life with the new Promenade Complex and eateries. Call to schedule appointment.
  • Special Features: 12

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 23-27

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • High School: BURLINGTON CITY
  • School District Key: 300200397177
  • High School: BURLINGTON CITY

Lot Info

  • Improvement Assessed Value: 197000.00
  • Land Assessed Value: 68000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 54X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3780.00
  • Property Condition: Below Average
  • Zoning: OS-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1604711
  • Tax Annual Amount: 8933.00
  • Assessor Parcel Number: 05-00118-00039
  • Tax Lot: 00039
  • Tax Year: 2015
  • Close Date: 08/30/2016

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $130,000 -18.8% --
07/08/2016 07/08/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $160,000 +6.7% --
04/29/2016 04/29/16 Sold $150,000 -26.8% --
12/28/2015 12/28/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $205,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Gregorowicz

    Property Management Services of Burlington County

    (609) 410-9304

    4 in this area

    77 Total Sales

    Section Image
  • Robert Howard

    Buyer's Agent in 2016

    Robert Howard

    Weichert Corporate

    (609) 706-2308

    2 in this area

    14 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002449330

Bright MLS

New Jersey Burlington County Burlington 08016

23-27 E Union St, Burlington, NJ

This home is located at 23-27 E Union St, Burlington, NJ 08016 since 30 June 2016. This property was built in 1861. 23-27 E Union St is a home located in Burlington County with nearby schools including Burlington City High School, Doane Academy, and St Paul's Parochial School.

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