NOT LISTED FOR SALE

30 N King St Gloucester City, NJ 08030

Estimated Value: $265,342

-- Bed
2 Baths
2,160 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $199,900 $93 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,809/month

Highlights

  • River View
  • Forced Air Heating and Cooling System
  • Historic Home
  • More Than Two Accessible Exits
  • Property is in very good condition

About This Home

As of September 2022

Great almost turn key mixed use duplex in a quiet section of Gloucester City. Very low property taxes! The 1st floor has a commercial unit that was renovated and just needs the finishing touches added to it. The commercial unit could be rented for $1,000-1,100 a month and has access to parking in the back of the property and access to a full basement for storage. The upstairs is a spacious 3 bedroom apartment that could be rented for $1,800-1,900 a month. There is big parking lot across the street so parking will never be an issue. Landscaping/clean up in back of property will be completed before closing. Property is being sold as is.

Last Agent to Sell the Property

Chris Carter

(856) 266-8316 ChrisCarterNJRealtor@gmail.com HomeSmart First Advantage Realty License #2077509 Listed on: 08/04/2022

HomeSmart First Advantage Realty

Co-Listed By

Hakan Karahan

(609) 868-6888 hakankarahan@hakankarahan.com HomeSmart First Advantage Realty License #9693664

Last Buyer's Agent

Shane Howey

(609) 634-9307 shane@mgsells.com Real Broker, LLC License #1434250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1928

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 20.00 x 120.00
  • Historic Home
  • Property is in very good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • River Views
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 14-00039-00006

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Over Storefront
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: Great almost turn key mixed use duplex in a quiet section of Gloucester City. Very low property taxes! The 1st floor has a commercial unit that was renovated and just needs the finishing touches added to it. The commercial unit could be rented for $1,000-1,100 a month and has access to parking in the back of the property and access to a full basement for storage. The upstairs is a spacious 3 bedroom apartment that could be rented for $1,800-1,900 a month. There is big parking lot across the street so parking will never be an issue. Landscaping/clean up in back of property will be completed before closing. Property is being sold as is.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 92.55
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74600.00
  • Land Assessed Value: 20500.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: CRO
  • Zoning Description: CRO- Commercial Residential mixed use. See documents section for list of uses for commercial space.

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 1851434
  • Tax Annual Amount: 4429.00
  • Assessor Parcel Number: 14-00039-00006
  • Tax Lot: 00006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/27/2022

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 26, 2022
Sold by
Homelink Development Llc
Bought by
Baker Mark J
Seller's Agent
Chris Carter
HomeSmart First Advantage Realty
Buyer's Agent
Shane Howey
Real Broker, LLC
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$265,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,442
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Dec 15, 2021
Sold by
Coba Inc
Bought by
Homelink Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.38%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2021
Sold by
Sheriff Of The County Of Camden
Bought by
New Century Financial Services

Purchase Details

Closed on
Aug 12, 1997
Sold by
Nonprofit Housing Development
Bought by
Franchi Darlene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.38%
Mortgage Type
Commercial
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
Baker Mark J $199,900 --
Baker Mark J $199,900 None Listed On Document
Homelink Development Llc $120,000 Sjs Title
Homelink Development Llc $120,000 Sjs Title
New Century Financial Services $158,774 Gower Ryan A
Franchi Darlene B $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homelink Development Llc $160,000
Previous Owner Franchi Darlene B $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $199,900 0.0% $93 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $199,900 -- $93 / 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 $4,767 $95,100 $20,500 $74,600
2024 $4,759 $95,100 $20,500 $74,600
2023 $4,759 $95,100 $20,500 $74,600
2022 $4,430 $95,100 $20,500 $74,600
2021 $4,430 $95,100 $20,500 $74,600
2020 $4,278 $95,100 $20,500 $74,600
2019 $4,190 $95,100 $20,500 $74,600
2018 $4,108 $95,100 $20,500 $74,600
2017 $4,024 $95,100 $20,500 $74,600
2016 $3,872 $95,100 $20,500 $74,600
2015 $3,486 $95,100 $20,500 $74,600
2014 $3,625 $69,100 $12,500 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2032316

Bright MLS

APN: 14-00039-0000-00006