Landlord's Agent in 2025
Ashley Griffith
Coldwell Banker Realty
(609) 675-3096
10 Total Sales
231 W Washington Ave Unit 2ND FLOOR Magnolia, NJ 08049
Estimated Value: $350,209 - $410,000
2
Beds
1
Bath
940
Sq Ft
$403/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Luxury Vinyl Plank Tile Flooring
- No HOA
- Bathtub with Shower
- Ceiling Fan
About This Home
As of November 2025Nestled in the charming Magnolia neighborhood, this delightful 2-bedroom, 1 full bathroom, 2nd floor duplex offers a perfect blend of modern comfort and classic character. Recently renovated in 2022 have revitalized this duplex, showcasing luxury vinyl plank flooring, new carpet, and a brand new Mini split system on the 3rd floor. The spacious family room, located on the 3rd floor has a washer and dryer in unit and a brand new mini split system. Step outside to the wrap-around deck, ideal for morning coffee or evening relaxation. Water, sewer, lawn maintenance, snow removal over two inches paid by landlord. Gas and electric to be put in tenants name at time of move in and responsible of tenant. 1 AC wall unit: Will be installed for move in but will not be maintained/taken out/put in after move in. Situated on a corner lot, this home is just a short distance from local parks and schools, fostering a vibrant community spirit. The nearby commuter rail Ashland PATCO station ensures easy access to the city, while the surrounding area boasts a variety of shops and dining options. Available for lease starting ASAP, with flexible terms ranging from 12 to 24 months, this property is a wonderful opportunity to experience the warmth and charm of Magnolia.
Last Agent to Rent the Property
(609) 675-3096 ashley.griffith@cbrealty.com Coldwell Banker Realty License #2186097 Listed on: 09/30/2025
Last Renter's Agent
(609) 675-3096 ashley.griffith@cbrealty.com Coldwell Banker Realty License #2186097 Listed on: 09/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,160
Year Built
- Built in 1911
Lot Details
- 8,002 Sq Ft Lot
- Lot Dimensions are 50.00 x 160.00
- Property is in very good condition
- Property is zoned MULTIFAMILY
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 940 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Gas Oven or Range
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on upper level
- Electric Dryer
- Washer
Outdoor Features
- Porch
Schools
- Magnolia Elementary School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Magnolia Gardens Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $2,213
- Tenant pays for electricity, gas, heat, insurance
- The owner pays for water, snow removal, sewer
- Rent includes water, sewer, snow removal
- No Smoking Allowed
- 12-Month Lease Term
- Available 10/1/25
- Assessor Parcel Number 23-00001 11-00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2018
Sold by
Eaton Homes Llc
Bought by
Eaton Justin M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$140,411
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$238,641
Purchase Details
Closed on
Feb 23, 2018
Sold by
Ditullio Leonard J and Ditullio Alexis
Bought by
Eaton Homes 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
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 28, 2006
Sold by
Kiene Joseph K
Bought by
Ditullio Leonard J and Ditullio Alexi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.27%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eaton Justin M | -- | Surety Title Co | |
| Eaton Homes Llc | $160,000 | Foundation Title Llc | |
| Ditullio Leonard J | $237,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eaton Justin M | $160,000 | |
| Closed | Eaton Homes Llc | $150,000 | |
| Previous Owner | Ditullio Leonard J | $189,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2025 11/08/25 | Rented | $1,500 | +1.7% | -- |
| 10/23/2025 10/23/25 | Under Contract | -- | -- | -- |
| 09/30/2025 09/30/25 | For Rent | $1,475 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,160 | $190,800 | $45,500 | $145,300 |
| 2024 | $8,937 | $190,800 | $45,500 | $145,300 |
| 2023 | $8,937 | $190,800 | $45,500 | $145,300 |
| 2022 | $8,704 | $190,800 | $45,500 | $145,300 |
| 2021 | $8,620 | $190,800 | $45,500 | $145,300 |
| 2020 | $8,456 | $190,800 | $45,500 | $145,300 |
| 2019 | $8,296 | $190,800 | $45,500 | $145,300 |
| 2018 | $8,128 | $190,800 | $45,500 | $145,300 |
| 2017 | $7,891 | $190,800 | $45,500 | $145,300 |
| 2016 | $7,670 | $190,800 | $45,500 | $145,300 |
| 2015 | $7,405 | $190,800 | $45,500 | $145,300 |
| 2014 | $7,300 | $190,800 | $45,500 | $145,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Griffith
Map
Source: Bright MLS
MLS Number: NJCD2101070
APN: 23-00001-11-00015
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