NOT LISTED FOR SALE

275 S Broad St Unit 273 Penns Grove, NJ 08069

Estimated Value: $192,443 - $318,000

-- Bed
-- Bath
2,344 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $141,750 $60 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,837/month

Highlights

  • Colonial Architecture
  • Tile or Brick Flooring
  • Forced Air Heating System

About This Home

As of November 2022

Investor alert!! A must see turn key duplex is ready for a savvy investment buyer today. Both units are rented with month to month/flexible leases. Positive cash flow with tenants paying electric, gas, water and no lawn maintenance. Tap the potential and come see this property today. 'This investment property can be sold vacant as a condition of the sale.'

Last Agent to Sell the Property

Dawn Rapa

(609) 471-7181 dawnrapa1@gmail.com OMNI Real Estate Professionals Listed on: 04/22/2022

OMNI Real Estate Professionals

Last Buyer's Agent

Justin Kelly

(856) 681-4025 jkellyrealty@comcast.net OMNI Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1945

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90.00 x 128.70

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 2,344 Sq Ft Home
  • Tile or Brick Flooring
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Parking

  • Driveway
  • On-Street Parking

Schools

  • Paul W. Carleton Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 08-00137-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,908

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert!! A must see turn key duplex is ready for a savvy investment buyer today. Both units are rented with month to month/flexible leases. Positive cash flow with tenants paying electric, gas, water and no lawn maintenance. Tap the potential and come see this property today. 'This investment property can be sold vacant as a condition of the sale.'
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas
  • Flooring Type: Tile/Brick
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2344
  • Living Area Sq Ft: 2344
  • Price Per Sq Ft: 72.48
  • Above Grade Finished Sq Ft: 2344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 275

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • 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

  • Association Recreation Fee: No

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • Elementary School: PAUL W. CARLETON E.S.
  • Middle School: PENNS GROVE M.S.
  • High School: PENNS GROVE H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397143
  • School District Source: Listing Agent
  • Elementary School: PAUL W. CARLETON E.S.
  • High School: PENNS GROVE H.S.
  • Middle Or Junior School: PENNS GROVE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89200.00
  • Land Assessed Value: 30300.00
  • Lot Size Acres: 0.27
  • Lot Dimensions: 90.00 x 128.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11583.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2200932
  • Tax Annual Amount: 5908.00
  • Assessor Parcel Number: 08-00137-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 2344
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/07/2022

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2007
Sold by
Kandys Properties Llc
Bought by
Fernandez Armando
Current Estimated Value
$242,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,860
Outstanding Balance
$9,413
Interest Rate
6.67%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$232,948

Purchase Details

Closed on
Nov 1, 2004
Sold by
Bramell Robert L and Bramell Patricia E
Bought by
Kandys Properties Llc

Purchase Details

Closed on
Sep 30, 1994
Sold by
United Jersey Bank
Bought by
Bramell Robert L and Bramell Patricia E
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
Fernandez Armando $148,608 --
-- $148,600 --
Kandys Properties Llc $85,000 Intercoastal Title Agency In
Bramell Robert L $70,000 West Jersey Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $14,860
Closed -- $118,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $141,750 -16.6% $60 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $169,900 -5.6% $72 / Sq Ft
05/14/2022 05/14/22 Price Changed $179,900 -5.3% $77 / Sq Ft
04/22/2022 04/22/22 For Sale $189,900 -- $81 / 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 $6,627 $119,500 $30,300 $89,200
2024 $6,405 $119,500 $30,300 $89,200
2023 $6,405 $119,500 $30,300 $89,200
2022 $6,175 $119,500 $30,300 $89,200
2021 $5,908 $119,500 $30,300 $89,200
2020 $5,986 $119,500 $30,300 $89,200
2019 $7,072 $140,600 $30,300 $110,300
2018 $5,728 $142,000 $34,900 $107,100
2017 $5,748 $142,000 $34,900 $107,100
2016 $5,531 $142,000 $34,900 $107,100
2015 $5,298 $142,000 $34,900 $107,100
2014 $5,240 $142,000 $34,900 $107,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2003776

Bright MLS

APN: 08-00137-0000-00015