NOT LISTED FOR SALE

255 Kings Hwy E Haddonfield, NJ 08033

Estimated Value: $1,111,680

10 Beds
7 Baths
5,962 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $775,000 $130 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,357/month

203 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • Haddonfield Memorial High School Rated A+
  • Wood Flooring
  • Den

About This Home

As of August 2021

This Historic Brick and Frame Building is located in Downtown Haddonfield. It is currently used as an Office Building but the Highest and Best Use would Possibly be as an Beautiful Historic Downtown Residence. The new owner/occupant could also use it as a Residence and Professional Office. This ideal location has plenty of parking with approximately 12-15+ parking spaces and is located in Downtown Haddonfield within walking distance to all of the amenities of restaurants, retail stores, parks and the nearby expanded library. Many of the historic interior features have been preserved in this 1880 home. Floor plans of the existing Building Use and a possible alternative Use as a Residence and professional office, or conversion to 3 Apts and professional office use are available to review in the MLS docs. Buyer would make any changes to the Building after closing .The Owner has made several Improvement to the building .The bedrooms are estimated based on the many rooms in the existing use as offices. This is an Excellent Investment Opportunity! See agent remarks for the possible 3 APT Conversion showings the floor plans .There is additional SQ footage in the basement that can serve as additional storage space plus current Utility area not shown in the floor plans, The home residence could be House with a first floor in law apartment !

Last Agent to Sell the Property

James Rhoads

Rhoads Real Estate LLC License #7863682 Listed on: 11/12/2020

Co-Listed By

Laura Rhoads

Rhoads Real Estate LLC License #1325079

Last Buyer's Agent

James Rhoads

Rhoads Real Estate LLC License #7863682 Listed on: 11/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,125

Year Built

  • Built in 1880 | Remodeled in 2018

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 86.50 x 200.00
  • Downtown Location
  • Southeast Facing Home
  • Extensive Hardscape
  • Level Lot
  • Historic Home
  • Property is in very good condition
  • Property is zoned R3O, Residential with office overlay . Building is currently used as office . High and Best maybe used a Historic Down Town Residence

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Slate Roof

Interior Spaces

  • 5,962 Sq Ft Home
  • Property has 4 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Den
  • Unfinished Basement
  • Walk-Up Access
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 10 Main Level Bedrooms

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Driveway
  • Parking Lot

Outdoor Features

  • Exterior Lighting
  • Wrap Around Porch

Schools

  • J Fithian Tatem Elementary School
  • Haddonfield Middle School
  • Haddonfield Memorial High School

Utilities

  • Central Air
  • Radiator
  • 150 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 17-00019-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,125

Year Built

Built in 1880 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant furnishings
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1880
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This Historic Brick and Frame Building is located in Downtown Haddonfield. It is currently used as an Office Building but the Highest and Best Use would Possibly be as an Beautiful Historic Downtown Residence. The new owner/occupant could also use it as a Residence and Professional Office. This ideal location has plenty of parking with approximately 12-15+ parking spaces and is located in Downtown Haddonfield within walking distance to all of the amenities of restaurants, retail stores, parks and the nearby expanded library. Many of the historic interior features have been preserved in this 1880 home. Floor plans of the existing Building Use and a possible alternative Use as a Residence and professional office, or conversion to 3 Apts and professional office use are available to review in the MLS docs. Buyer would make any changes to the Building after closing .The Owner has made several Improvement to the building .The bedrooms are estimated based on the many rooms in the existing use as offices. This is an Excellent Investment Opportunity! See agent remarks for the possible 3 APT Conversion showings the floor plans .There is additional SQ footage in the basement that can serve as additional storage space plus current Utility area not shown in the floor plans, The home residence could be House with a first floor in law apartment !
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Crown Moldings, Floor Plan - Traditional
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Room Count: 20
  • Room List: Den
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Total Sq Ft: 5962
  • Living Area Sq Ft: 5962
  • Price Per Sq Ft: 142.49
  • Above Grade Finished Sq Ft: 5962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 255

Beds/Baths

  • Bedrooms: 10
  • Main Level Bedrooms: 10
  • Total Bathrooms: 7
  • Full Bathrooms: 2
  • Half Bathrooms: 5
  • Main Level Bathrooms: 7.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Extensive Hardscape
  • Roof: Slate
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: HADDONFIELD BOROUGH PUBLIC SCHOOLS
  • Elementary School: J FITHIAN TATEM
  • Middle School: HADDONFIELD
  • High School: HADDONFIELD MEMORIAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397487
  • School District Source: Listing Agent
  • Elementary School: J FITHIAN TATEM
  • High School: HADDONFIELD MEMORIAL H.S.
  • Middle Or Junior School: HADDONFIELD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 332400.00
  • Land Assessed Value: 567600.00
  • Lot Features: Level
  • Lot Size Acres: 0.40
  • Lot Dimensions: 86.50 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17300.00
  • Outdoor Living Structures: Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R3O
  • Zoning Description: Residential with office overlay . Building is currently used as office . High and Best maybe used a Historic Down Town Residence

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1884110
  • School Tax Pymnt Freq: Quarterly
  • Tax Annual Amount: 28125.00
  • Assessor Parcel Number: 17-00019-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 5305
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/30/2021

MLS Schools

  • School District Name: HADDONFIELD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Aug 30, 2021
Sold by
Eunice Clarke Llc
Bought by
255 East Kings Highway Llc
Seller's Agent
James Rhoads
Rhoads Real Estate LLC
Buyer's Agent
James Rhoads
Rhoads Real Estate LLC
List Price
$895,000
Sold Price
$775,000
Premium/Discount to List
-$120,000
-13.41%
Current Estimated Value
$1,111,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,680
Avg. Annual Appreciation
9.67%
Original Mortgage
$667,200
Outstanding Balance
$612,862
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$498,818
Source: Public Records

Range of Values:

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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
255 East Kings Highway Llc $785,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 255 East Kings Highway Llc $667,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $775,000 -8.8% $130 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
03/13/2021 03/13/21 Price Changed $849,500 -5.1% $142 / Sq Ft
11/12/2020 11/12/20 For Sale $895,000 -- $150 / 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
2024 $26,600 $800,000 $567,600 $232,400
2023 $26,600 $800,000 $567,600 $232,400
2022 $25,304 $800,000 $567,600 $232,400
2021 $29,538 $900,000 $567,600 $332,400
2020 $31,250 $1,000,000 $620,500 $379,500
2019 $310 $1,000,000 $620,500 $379,500
2018 $30,630 $1,000,000 $620,500 $379,500
2017 $36,628 $1,225,000 $620,500 $604,500
2016 $35,807 $1,225,000 $620,500 $604,500
2015 $36,419 $1,225,000 $620,500 $604,500
2014 $35,623 $1,225,000 $620,500 $604,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD407214

Bright MLS

APN: 17-00019-0000-00002