NOT LISTED FOR SALE

243 E Commerce St Bridgeton, NJ 08302

Bridgeton Neighborhood

Estimated Value: $122,000 - $172,000

3 Beds
2 Baths
2,271 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $100,000 $44 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,036/month

18 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Radiator
  • Ceiling Fan

About This Home

As of July 2022

Up next to the market, we have this lovely 7-unit Bridgeton portfolio; consisting of 2 separate properties that can be sold together or separately. First, we have a 5-unit apartment building (321-323 Atlantic St, MLS-NJCB2006286) consisting of a 3-bedroom apartment (321 Atlantic) and (4) four separate 1-bedroom apartments (323 Atlantic). 2 units are vacant, 2 units have long-term tenants on month-to-month ($575 & $650), and 1 unit has a newer tenant on a yearly lease ($700). Lastly, we have a Twin-Duplex (243 E Commerce St, MLS-NJCB2006276), consisting of a 1-bedroom apartment on the first floor (vacant), and a 2-bedroom apartment on the 2nd floor ($650/month long-term tenant). These properties need work and are ideal for the savvy investor looking to add 7 more doors to their rental portfolio. These properties are being sold strictly as-is, and all inspections and certifications are the responsibility of the buyer. If interested, your POF/PAL will be required prior to the upcoming investor walk-through event!

Last Agent to Sell the Property

Carlo Drogo

EXP Realty, LLC Listed on: 04/19/2022

EXP Realty, LLC

Last Buyer's Agent

Danielle Casalunovo

Balsley-Losco Realtors

Balsley-Losco Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 23.00 x 125.00

Home Design

  • Semi-Detached or Twin Home
  • Wood Siding

Interior Spaces

  • 2,271 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Partial Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • "None Available" Subdivision

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 01-00092-00020

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,115

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Remarks Public: Up next to the market, we have this lovely 7-unit Bridgeton portfolio; consisting of 2 separate properties that can be sold together or separately. First, we have a 5-unit apartment building (321-323 Atlantic St, MLS-NJCB2006286) consisting of a 3-bedroom apartment (321 Atlantic) and (4) four separate 1-bedroom apartments (323 Atlantic). 2 units are vacant, 2 units have long-term tenants on month-to-month ($575 & $650), and 1 unit has a newer tenant on a yearly lease ($700). Lastly, we have a Twin-Duplex (243 E Commerce St, MLS-NJCB2006276), consisting of a 1-bedroom apartment on the first floor (vacant), and a 2-bedroom apartment on the 2nd floor ($650/month long-term tenant). These properties need work and are ideal for the savvy investor looking to add 7 more doors to their rental portfolio. These properties are being sold strictly as-is, and all inspections and certifications are the responsibility of the buyer. If interested, your POF/PAL will be required prior to the upcoming investor walk-through event!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2271
  • Living Area Sq Ft: 2271
  • Price Per Sq Ft: 44.03
  • Above Grade Finished Sq Ft: 2271
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 243

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRIDGETON PUBLIC SCHOOLS
  • School District Key: 300200396116
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 59600.00
  • Land Assessed Value: 2500.00
  • Lot Dimensions: 23.00 x 125.00
  • Year Assessed: 2021
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3100204
  • Tax Annual Amount: 3115.00
  • Assessor Parcel Number: 01-00092-00020
  • Tax Lot: 00020
  • Tax Total Finished Sq Ft: 2271
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/01/2022

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Commerce Property Partners Llc
Bought by
243 E Commerce Avenue Llc
Current Estimated Value
$140,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Outstanding Balance
$120,412
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$31,617

Purchase Details

Closed on
Jun 26, 2024
Sold by
Atlantic County Investments Llc
Bought by
Commerce Property Partners Llc

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 13, 2022
Sold by
Sinnickson Properties Limited Liability
Bought by
Atlantic County Investments Llc
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Danielle Casalunovo
Balsley-Losco Realtors
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$86,250
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Bankers Services Group Inc
Bought by
Sinnickson Properties Limited
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
243 E Commerce Avenue Llc -- None Listed On Document
Commerce Property Partners Llc $85,000 None Listed On Document
Atlantic County Investments Llc $100,000 None Listed On Document
Sinnickson Properties Limited $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 243 E Commerce Avenue Llc $131,000
Previous Owner Atlantic County Investments Llc $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $100,000 0.0% $44 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $100,000 -- $44 / 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 $3,284 $62,100 $2,500 $59,600
2024 $3,284 $62,100 $2,500 $59,600
2023 $3,152 $62,100 $2,500 $59,600
2022 $3,122 $62,100 $2,500 $59,600
2021 $3,116 $62,100 $2,500 $59,600
2020 $3,095 $62,100 $2,500 $59,600
2019 $3,025 $62,100 $2,500 $59,600
2018 $2,892 $62,100 $2,500 $59,600
2017 $2,808 $62,100 $2,500 $59,600
2016 $2,724 $62,100 $2,500 $59,600
2015 $2,677 $62,100 $2,500 $59,600
2014 $1,059 $18,700 $2,500 $16,200
Source: Public Records

Agents Affiliated with this Home

  • Carlo Drogo

    Seller's Agent in 2022

    Carlo Drogo

    EXP Realty, LLC

    (856) 692-4368

    20 in this area

    611 Total Sales

    Carlo Drogo
    Section Image

  • D

    Buyer's Agent in 2022

    Danielle Casalunovo

    Balsley-Losco Realtors

    (609) 377-9731

    19 in this area

    45 Total Sales

    Danielle Casalunovo
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCB2006276

Bright MLS

APN: 01-00092-0000-00020

New Jersey Cumberland County Bridgeton 08302 Bridgeton

243 E Commerce St, Bridgeton, NJ

This home is located at 243 E Commerce St, Bridgeton, NJ 08302 since 19 April 2022 and is currently estimated at $140,921, approximately $62 per square foot. This property was built in 1900. 243 E Commerce St is a home located in Cumberland County with nearby schools including Bridgeton High School, Bridgeton Public Charter School, and Immaculate Conception School.

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