NOT LISTED FOR SALE

243 E Broadway Unit 245 Salem, NJ 08079

Estimated Value: $89,285

-- Bed
-- Bath
1,200 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $5,000 $4 Per Sq Ft

Est. 1,686% increase in value since last sale

Current estimated payment $589/month

334 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • Heating Available

About This Home

As of February 2012

Leary of the stock market and looking for an investment with a consistent return? Check out this duplex with great cash flow potential and both sides have been totally renovated. Owner is retiring and property is priced to sell.

Last Agent to Sell the Property

Richard Warner

(856) 430-0072 rich@warnerrealtors.com Warner Real Estate & Auction Company Listed on: 01/20/2011

Last Buyer's Agent

ZECHARIAH GREENSPAN

jzakmgmt@gmail.com Progressive Real Estate Agency, LLC License #TREND:60043044

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,290 Sq Ft Lot
  • Lot Dimensions are 33x130
  • Property is in good condition

Home Design

  • 1,200 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 13-00062-00007

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $275
  • Operating Expense $2,926

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 66.25
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 56300.00
  • Land Assessed Value: 19300.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 33X130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4290.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 16200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2216637
  • Tax Annual Amount: 2651.00
  • Assessor Parcel Number: 13-00062-00007
  • Tax Lot: 00007
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2011
Closed on
Feb 1, 2012
Sold by
Rudolph Julee
Bought by
Yakovson Avraham Yakov and Gura Yocheved
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
ZECHARIAH GREENSPAN
Progressive Real Estate Agency, LLC
List Price
$89,500
Sold Price
$5,000
Premium/Discount to List
-$84,500
-94.41%
Current Estimated Value
$89,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,285
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yakovson Avraham Yakov $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $5,000 -94.4% $4 / Sq Ft
12/20/2011 12/20/11 Pending -- -- --
01/20/2011 01/20/11 For Sale $89,500 -- $75 / 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 $1,439 $18,300 $6,000 $12,300
2024 $1,439 $18,300 $6,000 $12,300
2023 $1,439 $18,300 $6,000 $12,300
2022 $1,376 $18,300 $6,000 $12,300
2021 $1,328 $18,300 $6,000 $12,300
2020 $1,302 $18,300 $6,000 $12,300
2019 $1,294 $18,300 $6,000 $12,300
2018 $1,265 $18,300 $6,000 $12,300
2017 $1,250 $18,300 $6,000 $12,300
2016 $2,961 $75,600 $19,300 $56,300
2015 $2,923 $75,600 $19,300 $56,300
2014 $2,908 $75,600 $19,300 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004285900

Bright MLS

APN: 13-00062-0000-00007