NOT LISTED FOR SALE

2991 S Union Rd Vineland, NJ 08361

Estimated Value: $273,000 - $321,000

-- Bed
-- Bath
1,568 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $148,300 $95 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,833/month

18 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • 1 Detached Carport Space

About This Home

As of July 2021

Don't let the opportunity to own this East Vineland ranch style duplex slip by! Smart homebuyers could live in one side and let the other help pay the mortgage. Or smart investors can rent out both units and build your real estate empire! Situated on a serene corner lot, this side by side, single level duplex features 3 bedrooms and 1 full bathroom on one side, and 1 bedroom with a full bathroom on the other side. Both units offer an additional bonus room that can be used for an office/study or even a playroom for kids. The 3 bedroom unit has an L shaped asphalt driveway that is accessed from either Union Rd or Independence Rd and the 1 bedroom unit has its own asphalt driveway for separate parking. The 3 bedroom unit was recently rented for $1,200 per month and the 1 bedroom unit was recently rented for $750 per month and both units passed Vineland's rental housing inspection earlier this year. The 3 bedroom unit has oil, forced air heat with central A/C, and the 1 bedroom unit has natural gas, forced air heat, no A/C. There's always the possibility to use the 1 bedroom unit as an in-law suite or convert it into a 4 bedroom 2 bath single-family home if that better suits you, but please confirm any planned changes with the city yourself. The property is being sold "as-is" in its "as-is" condition. Call for your appointment today!

Last Agent to Sell the Property

William Mercogliano

RE/MAX Preferred - Mullica Hill Listed on: 08/29/2020

RE/MAX Preferred - Mullica Hill

Last Buyer's Agent

Barshay Graves

Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100.00 x 150.00
  • Corner Lot

Home Design

  • Duplex
  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • Crawl Space

Parking

  • 7 Parking Spaces
  • 6 Driveway Spaces
  • 1 Detached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-07405-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,814

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: Don't let the opportunity to own this East Vineland ranch style duplex slip by! Smart homebuyers could live in one side and let the other help pay the mortgage. Or smart investors can rent out both units and build your real estate empire! Situated on a serene corner lot, this side by side, single level duplex features 3 bedrooms and 1 full bathroom on one side, and 1 bedroom with a full bathroom on the other side. Both units offer an additional bonus room that can be used for an office/study or even a playroom for kids. The 3 bedroom unit has an L shaped asphalt driveway that is accessed from either Union Rd or Independence Rd and the 1 bedroom unit has its own asphalt driveway for separate parking. The 3 bedroom unit was recently rented for $1,200 per month and the 1 bedroom unit was recently rented for $750 per month and both units passed Vineland's rental housing inspection earlier this year. The 3 bedroom unit has oil, forced air heat with central A/C, and the 1 bedroom unit has natural gas, forced air heat, no A/C. There's always the possibility to use the 1 bedroom unit as an in-law suite or convert it into a 4 bedroom 2 bath single-family home if that better suits you, but please confirm any planned changes with the city yourself. The property is being sold "as-is" in its "as-is" condition. Call for your appointment today!
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 89.22
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2991

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Asphalt Driveway
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Detached Carport
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 104200.00
  • Land Assessed Value: 26100.00
  • Lot Features: Corner
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3162898
  • Tax Annual Amount: 3814.00
  • Assessor Parcel Number: 14-07405-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1568
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 07/30/2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2021
Sold by
Samuel Ellis
Bought by
New Jersey State Dept Of Env Prot
Current Estimated Value
$271,630

Purchase Details

Listed on
Aug 29, 2020
Closed on
Jul 30, 2021
Sold by
Mercogliano William M and Mercogliano Leilani
Bought by
Ellis Samuel T
Seller's Agent
William Mercogliano
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Barshay Graves
Keller Williams Realty - Washington Township
List Price
$149,900
Sold Price
$148,300
Premium/Discount to List
-$1,600
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Original Mortgage
$205,214
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2009
Sold by
Giordano Helen
Bought by
Mercogliano William M and Mercogliano Leilani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,850
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
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
New Jersey State Dept Of Env Prot -- None Listed On Document
Ellis Samuel T $148,300 Misc Company
Mercogliano William M $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Samuel T $205,214
Previous Owner Mercogliano William M $106,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $148,300 0.0% $95 / Sq Ft
07/17/2021 07/17/21 Off Market $148,300 -- --
09/16/2020 09/16/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $139,900 -6.7% $89 / Sq Ft
08/29/2020 08/29/20 For Sale $149,900 -- $96 / 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 $4,149 $130,300 $26,100 $104,200
2024 $4,149 $130,300 $26,100 $104,200
2023 $4,121 $130,300 $26,100 $104,200
2022 $3,999 $130,300 $26,100 $104,200
2021 $3,926 $130,300 $26,100 $104,200
2020 $3,814 $130,300 $26,100 $104,200
2019 $3,762 $130,300 $26,100 $104,200
2018 $3,663 $130,300 $26,100 $104,200
2017 $3,479 $130,300 $26,100 $104,200
2016 $3,357 $130,300 $26,100 $104,200
2015 $3,233 $130,300 $26,100 $104,200
2014 $3,057 $130,300 $26,100 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB128586

Bright MLS

APN: 14-07405-0000-00001