NOT LISTED FOR SALE

26 E Pine St Unit 28 Millville, NJ 08332

Estimated Value: $303,000 - $388,000

-- Bed
-- Bath
3,344 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $235,000 $70 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,202/month

About This Home

As of December 2021

INVESTMENT OPPORTUNITY IN MILLVILLE'S ARTS DISTRICT (RIVER SIDE) ACROSS FROM LEVOY THEATER. ALL 4 UNITS ARE FULLY OCCUPIED AND ON YEARLY LEASES.

NO TWO UNITS ARE THE SAME WITH THIS QUADRAPLEX. BOTH DOWNSTAIR UNITS HAVE FINISHED BASEMENTS FOR EXTRA ROOM. UPSTAIRS UNTS HAVE A WALK UP ATTIC FOR STORAGE. LAUNDRY ROOM WITH WASHER AND DRYER IN ONE OF THE UNITS WITH WASHTUB SINK .

Last Agent to Sell the Property

Dorothy Willson

(609) 501-3254 dorothy.willson@foxroach.com Collini Real Estate LLC Listed on: 10/04/2021

Collini Real Estate LLC

Last Buyer's Agent

Edgar Alfaro

(908) 416-2600 alfarorealtynj@gmail.com Alfaro Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,587

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 41x62

Parking

  • On-Street Parking

Home Design

  • 3,344 Sq Ft Home
  • Quadruplex
  • Side-by-Side
  • Brick Exterior Construction

Accessible Home Design

  • Ramp on the main level

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, personal property taxes
  • Assessor Parcel Number 10-00411-00002

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,587

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Side-By-Side
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Inclusions: all appliances
  • New Construction: No
  • Year Built: 1907
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 3344
  • Living Area Sq Ft: 3344
  • Price Per Sq Ft: 67.28
  • Above Grade Finished Sq Ft: 3344
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 41X62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.60
  • Zoning: COMMERCIAL/RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer, Taxes - Personal Property
  • Total Actual Rent: 46800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 3136331
  • Tax Annual Amount: 4587.00
  • Assessor Parcel Number: 10-00411-00002
  • Tax Year: 2021

MLS Schools

  • School District Name: MILLVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Ruby Loc Llc
Bought by
Ruby Spe Llc
Current Estimated Value
$331,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,120,000
Outstanding Balance
$5,950,756
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$5,619,576

Purchase Details

Closed on
Apr 5, 2022
Sold by
Redstone Capital Group Llc
Bought by
Ruby Loc Llc

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 24, 2021
Sold by
Magnolia Investments Llc
Bought by
Redstone Capital Group Llc
Seller's Agent
Dorothy Willson
Collini Real Estate LLC
Buyer's Agent
Edgar Alfaro
Alfaro Realty LLC
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 18, 2017
Sold by
Auerbach Philip and Auerbach Carol
Bought by
Magnolia Investments Llc
Seller's Agent
Dorothy Willson
Collini Real Estate LLC
Buyer's Agent
Dorothy Willson
Collini Real Estate LLC
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Donato John J and Donato Ann Margaret
Bought by
Auerbach Philip and Auerbach Carol

Purchase Details

Closed on
Jan 15, 2004
Sold by
Zahler David
Bought by
Donato John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.89%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Balbay Levon
Bought by
Zahler David
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruby Spe Llc -- None Listed On Document
Ruby Loc Llc -- Dominion Title
Redstone Capital Group Llc $235,000 Dominion Title
Magnolia Investments Llc $150,000 Landis Title
Auerbach Philip $210,000 --
Donato John $125,000 --
Zahler David $65,000 --
Zahler David $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Spe Llc $6,120,000
Previous Owner Donato John $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $235,000 +4.4% $70 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $225,000 0.0% $67 / Sq Ft
07/15/2021 07/15/21 Rented $1,100 0.0% --
06/07/2021 06/07/21 For Rent $1,100 +0.5% --
10/15/2018 10/15/18 Rented $1,095 +10.1% --
09/20/2018 09/20/18 For Rent $995 0.0% --
01/31/2017 01/31/17 Sold $150,000 -11.7% $45 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $169,900 0.0% $51 / Sq Ft
08/27/2015 08/27/15 Rented -- -- --
08/27/2015 08/27/15 For Rent -- -- --
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 $5,617 $143,100 $14,000 $129,100
2024 $5,617 $143,100 $14,000 $129,100
2023 $5,569 $143,100 $14,000 $129,100
2022 $5,425 $143,100 $14,000 $129,100
2021 $5,249 $143,100 $14,000 $129,100
2020 $5,162 $143,100 $14,000 $129,100
2019 $4,923 $143,100 $14,000 $129,100
2018 $4,821 $143,100 $14,000 $129,100
2017 $4,777 $143,100 $14,000 $129,100
2016 $4,717 $143,100 $14,000 $129,100
2015 $4,611 $143,100 $14,000 $129,100
2014 $4,619 $143,100 $14,000 $129,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCB2002330

Bright MLS

APN: 10-00411-0000-00002