NOT LISTED FOR SALE

Estimated Value: $339,000 - $391,000

4 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold June 26, 2017

Last sale price $168,000

Est. 111% increase in value since last sale

Current estimated payment $2,290/month

15 Days on Market

Highlights

  • Landscaped with Trees
  • Forced Air Zoned Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of June 2017

Here it is, an investors dream!! This 2 family home is fully rented and ready for a new owner! Each unit has 2 bedrooms, 2 full baths, living room, dining room and kitchen. Both have sliders that lead to their own back yard. Left side has been completely redone in 2015 and rents for $1225. Right side rents for $1100, and is freshly painted. Positive cash flow from the start, don't miss out on this deal!

Last Agent to Sell the Property

JOAN BRADY

Red Door Realty Group License #1537217 Listed on: 05/04/2017

Last Buyer's Agent

Lucille Gesek

United Real Estate Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1987

Lot Details

  • Landscaped with Trees

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Stove

Flooring

  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Pinelands Regional High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for yard maintenance, snow removal, heat, gas, garbage removal, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 17-00285-03-00073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Treed Lots
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Laminate, Ceramic Tile
  • New Construction: No
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 17-00285-03-00073
  • Zoning Description: Residential, Multi-Family

Rental Info

  • Tenant Pays: Yard Maintenance, Snow Removal, Heat, Gas, Garbage Removal, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3782.0
  • Tax Other Annual Assessment Amount: 170500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Pinelands Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 23, 2017
Sold by
Brady Joseph
Bought by
Gillan Property Management Inc
Seller's Agent
JOAN BRADY
Red Door Realty Group
Buyer's Agent
Lucille Gesek
United Real Estate Associates
Sold Price
$168,000
Current Estimated Value
$353,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,802
Avg. Annual Appreciation
9.25%

Purchase Details

Listed on
Apr 5, 2015
Closed on
Jun 9, 2015
Sold by
Fannie Mae
Bought by
Brady Joseph
Seller's Agent
Paul Carboni
BHHS Fox & Roach-Northfield
Buyer's Agent
Joan Brady
Greater Coastal Realty, inc.
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$99,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2013
Sold by
Longinetti John W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 5, 2003
Sold by
Cafone Thomas
Bought by
Longinetti John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.31%
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
Gillan Property Management Inc $168,000 --
Brady Joseph $150,000 Attorney
Federal National Mortgage Association -- None Available
Longinetti John W $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Joseph $99,000
Previous Owner Longinetti John W $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2017 06/26/17 Sold $168,000 +12.0% --
07/24/2015 07/24/15 Sold $150,000 -3.2% $78 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $154,900 -- $81 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,052 $170,500 $65,300 $105,200
2024 $4,841 $170,500 $65,300 $105,200
2023 $4,689 $170,500 $65,300 $105,200
2022 $4,689 $170,500 $65,300 $105,200
2021 $4,578 $170,500 $65,300 $105,200
2020 $4,518 $170,500 $65,300 $105,200
2019 $4,336 $170,500 $65,300 $105,200
2018 $4,089 $170,500 $65,300 $105,200
2017 $4,026 $170,500 $65,300 $105,200
2016 $4,058 $170,500 $65,300 $105,200
2015 $3,782 $157,000 $65,300 $91,700
2014 $3,677 $192,400 $65,400 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21700245

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-00285-03-00073