NOT LISTED FOR SALE

261 E Commerce St Bridgeton, NJ 08302

Estimated Value: $123,000 - $218,000

Studio
-- Bath
2,228 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $45,000 $20 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,272/month

8 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2019

Duplex with great income potential. Separate utilities for each unit. Sold in "as is" condition. Upstairs unit is vacant, 3 bedrooms and 1 bath. Downstairs unit is occupied.

Last Agent to Sell the Property

Brian Collini

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC License #455485 Listed on: 03/25/2019

Collini Real Estate LLC

Co-Listed By

Dominic Cristelli

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC

Last Buyer's Agent

Brian Collini

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC License #455485 Listed on: 03/25/2019

Collini Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,642 Sq Ft Lot
  • Lot Dimensions are 58.00 x 149.00

Parking

  • Driveway

Home Design

  • 2,228 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 01-00092-00026

Community Details

Overview

  • No Home Owners Association
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

8,642 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 35.23
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88700.00
  • Land Assessed Value: 4800.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 58.00 x 149.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8642.00
  • Zoning: MIXED USE

Rental Info

  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 3100210
  • Tax Annual Amount: 4554.00
  • Assessor Parcel Number: 01-00092-00026
  • Tax Lot: 00026
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 26, 2019
Sold by
Kearney Bernice
Bought by
Beatproperty Inc
Seller's Agent
Brian Collini
Collini Real Estate LLC
Buyer's Agent
Brian Collini
Collini Real Estate LLC
List Price
$78,500
Sold Price
$45,000
Premium/Discount to List
-$33,500
-42.68%
Current Estimated Value
$166,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,936
Avg. Annual Appreciation
21.16%
Original Mortgage
$36,000
Outstanding Balance
$31,455
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,481

Purchase Details

Closed on
Oct 28, 1988
Bought by
Kearney Gerald J and Kearney Bernice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beatproperty Inc $45,000 Dominion Title Agency, Inc.
Kearney Gerald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatproperty Inc $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $45,000 -42.7% $20 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $78,500 -- $35 / Sq Ft
Source: Bright MLS

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 $4,944 $93,500 $4,800 $88,700
2024 $4,745 $93,500 $4,800 $88,700
2023 $4,745 $93,500 $4,800 $88,700
2022 $4,701 $93,500 $4,800 $88,700
2021 $4,691 $93,500 $4,800 $88,700
2020 $4,660 $93,500 $4,800 $88,700
2019 $4,554 $93,500 $4,800 $88,700
2018 $4,354 $93,500 $4,800 $88,700
2017 $4,228 $93,500 $4,800 $88,700
2016 $4,102 $93,500 $4,800 $88,700
2015 $4,030 $93,500 $4,800 $88,700
2014 $3,325 $58,700 $6,600 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB118558

Bright MLS

APN: 01-00092-0000-00026

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