NOT LISTED FOR SALE

Estimated Value: $546,362

-- Bed
-- Bath
3,920 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $550,000 $140 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,676/month

64 Days on Market

Highlights

  • Colonial Architecture
  • Property is in very good condition
  • Radiator
  • Ceiling Fan
  • Carpet
  • 5-minute walk to Gazebo Park

About This Home

As of June 2024

The lock box is located at the door facing Fellowship road. Tremendous Investment opportunity. Be a live-in Landlord with 2 two bedroom apartments on upper level and a separate shop/office; or use as an investment property with 3 two bedroom units. The first floor was originally the family living quarters which includes two bedrooms, one bath with separate shower stall and tub with shower, large eat-in-kitchen, Living room, and Dining room. Also on the first floor is a 19' X 28' room with separate entrance on Main Street and access from the living room. It was used as the family Hair Salon for many, many years. In more recent times, it has been used for retail sales, as an internet business, and a leather shop. Currently it is being used for Electronic workshop. This workshop currently rents for $650.00 per month. The full, high ceiling basement is accessed from the Dining room entrance or outside entrance , a walk through entrance. The basement has French Drains, 3 newer Weil-McLain heaters, one for each unit. Tenant pays their own heat. Also, there are three newer gas hot water heaters. The house and detached 2 car garage with storage loft with steel beam construction, are all brick exterior. The garage was never rented. It was used by the family. The two car garage if rented, would add to the monthly income. This one owner house has been meticulously maintained through the years. It might be a bit dated but it's in great condition. Apt#2 upstairs, is the smaller of the three apartments. The Tenant is a long time tenant and pays $875. This unit should rent for $1200 to $1400 or whatever the new owner decides. Apt#3 upstairs, is vacant and recently received a face lift. This unit should rent for $1400-$1600 or higher. Unit 3, has all new electrical outlets and switches. It has been freshly painted, new Berber Carpeting was installed in both bedrooms, living room, hall and stairway. There are original hardwood floors under the the carpeting upstairs and downstairs. The kitchen has new vinyl just installed . Unit 3's windows have been re-glazed on the exterior and painted. Apt#1, the downstairs unit is currently vacant and should rent for $2000-2500. There are ceiling fans throughout the units.

Last Agent to Sell the Property

Rita Miloshevsky

Peze & Associates Listed on: 10/27/2023

Last Buyer's Agent

April Lane

Weichert Realtors-Cherry Hill

Weichert Realtors-Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 1948

Lot Details

  • 7,623 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asbestos Shingle Roof

Interior Spaces

  • 3,920 Sq Ft Home
  • Ceiling Fan
  • Basement
  • Drainage System

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 19-00055-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,911

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: GLASS DOOR KNOBS IN APARTMENT 2 AND 3. This may or may not occur.
  • New Construction: No
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: The lock box is located at the door facing Fellowship road. Tremendous Investment opportunity. Be a live-in Landlord with 2 two bedroom apartments on upper level and a separate shop/office; or use as an investment property with 3 two bedroom units. The first floor was originally the family living quarters which includes two bedrooms, one bath with separate shower stall and tub with shower, large eat-in-kitchen, Living room, and Dining room. Also on the first floor is a 19' X 28' room with separate entrance on Main Street and access from the living room. It was used as the family Hair Salon for many, many years. In more recent times, it has been used for retail sales, as an internet business, and a leather shop. Currently it is being used for Electronic workshop. This workshop currently rents for $650.00 per month. The full, high ceiling basement is accessed from the Dining room entrance or outside entrance , a walk through entrance. The basement has French Drains, 3 newer Weil-McLain heaters, one for each unit. Tenant pays their own heat. Also, there are three newer gas hot water heaters. The house and detached 2 car garage with storage loft with steel beam construction, are all brick exterior. The garage was never rented. It was used by the family. The two car garage if rented, would add to the monthly income. This one owner house has been meticulously maintained through the years. It might be a bit dated but it's in great condition. Apt#2 upstairs, is the smaller of the three apartments. The Tenant is a long time tenant and pays $875. This unit should rent for $1200 to $1400 or whatever the new owner decides. Apt#3 upstairs, is vacant and recently received a face lift. This unit should rent for $1400-$1600 or higher. Unit 3, has all new electrical outlets and switches. It has been freshly painted, new Berber Carpeting was installed in both bedrooms, living room, hall and stairway. There are original hardwood floors under the the carpeting upstairs and downstairs. The kitchen has new vinyl just installed . Unit 3's windows have been re-glazed on the exterior and painted. Apt#1, the downstairs unit is currently vacant and should rent for $2000-2500. There are ceiling fans throughout the units.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Drainage System
  • Total Sq Ft: 3920
  • Living Area Sq Ft: 3920
  • Price Per Sq Ft: 146.68
  • Above Grade Finished Sq Ft: 3920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Roof: Asbestos 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396959
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7623.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 4
  • Single Room Units Count: 4

Tax Info

  • Assessor Parcel Number: 19-00055-00020
  • Tax Lot: 00020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jun 28, 2024
Sold by
Mesarick Limited Partnership Lp
Bought by
Jenkins Guss Tyshawn
Seller's Agent
Rita Miloshevsky
Peze & Associates
Buyer's Agent
April Lane
Weichert Realtors-Cherry Hill
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
307
Current Estimated Value
$546,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,638
Avg. Annual Appreciation
-1.60%
Original Mortgage
$544,000
Outstanding Balance
$536,043
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$4,206

Purchase Details

Closed on
Aug 4, 1999
Sold by
Mesarick Ralph and Mesarick Dorothy M
Bought by
Mesarick Ltd Partnership Lp
Source: Public Records

Range of Values:

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Average Value
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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
Jenkins Guss Tyshawn $550,000 Fidelity National Title
Mesarick Ltd Partnership Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Guss Tyshawn $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $550,000 -4.3% $140 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $575,000 -- $147 / 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 $7,911 $222,000 $83,100 $138,900
2024 $7,682 $208,400 $83,100 $125,300
2023 $7,682 $208,400 $83,100 $125,300
2022 $7,563 $208,400 $125,400 $83,000
2021 $7,490 $208,400 $125,400 $83,000
2020 $7,511 $208,400 $125,400 $83,000
2019 $7,236 $208,400 $125,400 $83,000
2018 $7,111 $208,400 $125,400 $83,000
2017 $7,027 $208,400 $125,400 $83,000
2016 $6,923 $208,400 $125,400 $83,000
2015 $6,773 $208,400 $125,400 $83,000
2014 $6,567 $208,400 $125,400 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2055374

Bright MLS

APN: 19-00055-0000-00020