NOT LISTED FOR SALE

237 Marlin Rd Absecon, NJ 08201

Estimated Value: $292,000 - $351,000

-- Bed
-- Bath
-- Sq Ft
5,184 Sq Ft Lot

Last Sold March 28, 2022

Last sale price $220,000

Est. 45% increase in value since last sale

Current estimated payment $2,113/month

Highlights

  • Enclosed Patio or Porch
  • Living Room
  • Forced Air Zoned Heating and Cooling System
  • Eat-In Kitchen
  • Shed
  • Baseboard Heating

About This Home

As of March 2022

***NEW LISTING!!*** FANTASTIC INVESTMENT OPPORTUNITY! LEGAL DUPLEX in the heart of ABSECON!! 1st floor featuring 2 bedrooms 1 full bath, large enclosed front porch, gas radiator heat and CENTRAL AIR. (currently rented to family for $850p/mnth-will stay or go and could easily rent for $1290+) 2nd floor featuring 1 bedroom, 1 full bath with electric forced air heat and CENTRAL AIR.(currently rented at $500p/mnth on a month to month lease and could easily be rented for $800+) fenced yard, SEPERATE UTILITIES, close to public transportation, GREAT RENTAL INCOME POTENTIAL WITH GREAT POSSIBILITIES TO LIVE IN ONE AND RENT THE OTHER!!

Last Agent to Sell the Property

Scott Reighard

RE/MAX ATLANTIC Listed on: 07/06/2021

RE/MAX ATLANTIC

Last Buyer's Agent

Maria Newman

Genesis Realty and Notary Service, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 55x94
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Siding
  • Asphalt
  • Stucco

Interior Spaces

  • Insulated Windows
  • Living Room
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,066

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 07/06/2021
  • Year Built: 1920
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove
  • Basement: 6 Ft. Or More Head Room, Full, Inside Entrance, Unfinished
  • Other Rooms: Eat In Kitchen, Living Room

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Porch-Enclosed, Shed, Sidewalks
  • Siding Exterior: Asphalt, Shingle, Stucco
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Baseboard, Electric, Forced Air, Gas-Natural, Heat Pump, Multi-Zoned, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 55x94

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cooling, Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Mar 28, 2022
Sold by
Zachary Bocelle
Bought by
Kline Paul and Fraone Jessica
Seller's Agent
Scott Reighard
RE/MAX ATLANTIC
Buyer's Agent
Maria Newman
Genesis Realty and Notary Service, LLC
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$318,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,796
Avg. Annual Appreciation
11.11%
Original Mortgage
$216,015
Interest Rate
4.42%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2006
Sold by
Bocelle Zachary
Bought by
Zachary Bochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Miller Margaret A and Thomas Margaret Y
Bought by
Bocelle Zachary P and Bocelle Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.81%
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
Kline Paul $220,000 Surety Title
Zachary Bochelle -- --
Bocelle Zachary P $50,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Paul $216,015
Previous Owner Zachary Bochelle $190,000
Previous Owner Bocelle Zachary P $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $220,000 0.0% --
02/14/2022 02/14/22 Pending -- -- --
07/06/2021 07/06/21 For Sale $219,900 -- --
Source: South Jersey Shore Regional 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 $5,066 $151,400 $39,200 $112,200
2024 $5,066 $151,400 $39,200 $112,200
2023 $5,005 $151,400 $39,200 $112,200
2022 $4,433 $134,100 $39,200 $94,900
2021 $4,420 $134,100 $39,200 $94,900
2020 $4,428 $134,100 $39,200 $94,900
2019 $4,396 $134,100 $39,200 $94,900
2018 $4,415 $134,100 $39,200 $94,900
2017 $4,382 $134,100 $39,200 $94,900
2016 $4,259 $134,100 $39,200 $94,900
2015 $4,204 $134,100 $39,200 $94,900
2014 $4,146 $134,100 $39,200 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 552731

South Jersey Shore Regional MLS

APN: 01-00237-0000-00017