NOT LISTED FOR SALE

302 Jersey Ave Gloucester City, NJ 08030

Estimated Value: $126,000 - $171,000

-- Bed
-- Bath
1 Sq Ft
$147,641/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $120,000 $120,000 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,123/month

55 Days on Market

Highlights

  • Electric Baseboard Heater
  • Wall to Wall Carpet
  • 3-minute walk to Proprietors Park

About This Home

As of April 2024

Attention Investors! Income-making DUPLEX opportunity in Gloucester City. First floor unit is an efficiency unit with a basement and backyard, second floor unit has one bedroom, one bath and an enclosed deck off the kitchen. Bottom unit rental potential is $800/month and top unit rental potential is $1000/month. Top unit has been occupied by long term tenant paying $800/mo. Bottom unit is vacant. New owner has option to live in bottom and rent out top unit to help pay the mortgage. Each unit has newer water heaters. Separate (electric and gas) utilities. This property is walking distance to waterfront park and marina area. Property being sold AS-IS condition. Please bring all offers.

Last Agent to Sell the Property

STEPHEN LASZCZYK

Home and Heart Realty Listed on: 02/06/2024

Home and Heart Realty

Last Buyer's Agent

Tito Santiago

Garden State Properties Group - Merchantville License #9032851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1944

Lot Details

  • 1,102

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Schools

  • Cold Springs Elementary School
  • Mary Ethel Costello Middle School
  • Gloucester City Junior Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • 1,102 Sq Ft Lot

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 14-00102-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,588

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personnal Property
  • New Construction: No
  • Year Built: 1944
  • Remarks Public: Attention Investors! Income-making DUPLEX opportunity in Gloucester City. First floor unit is an efficiency unit with a basement and backyard, second floor unit has one bedroom, one bath and an enclosed deck off the kitchen. Bottom unit rental potential is $800/month and top unit rental potential is $1000/month. Top unit has been occupied by long term tenant paying $800/mo. Bottom unit is vacant. New owner has option to live in bottom and rent out top unit to help pay the mortgage. Each unit has newer water heaters. Separate (electric and gas) utilities. This property is walking distance to waterfront park and marina area. Property being sold AS-IS condition. Please bring all offers.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1
  • Living Area Sq Ft: 1
  • Price Per Sq Ft: 149900.00
  • Above Grade Finished Sq Ft: 1
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: 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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • Elementary School: COLD SPRINGS SCHOOL
  • Middle School: MARY ETHEL COSTELLO SCHOOL
  • High School: GLOUCESTER CITY JUNIOR SENIOR
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396970
  • School District Source: Listing Agent
  • Elementary School: COLD SPRINGS SCHOOL
  • High School: GLOUCESTER CITY JUNIOR SENIOR
  • Middle Or Junior School: MARY ETHEL COSTELLO SCHOOL

Lot Info

  • Land Use Code: Sfr
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1102.00
  • Zoning: RESID

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1588.00
  • Assessor Parcel Number: 14-00102-0000-00016
  • Tax Lot: 16
  • Tax Year: 2003
  • Close Date: 04/15/2024

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Apr 15, 2024
Sold by
Plucinski Edmund
Bought by
Islam Nazrul
Seller's Agent
STEPHEN LASZCZYK
Home and Heart Realty
Buyer's Agent
Tito Santiago
Garden State Properties Group - Merchantville
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Views
67
Current Estimated Value
$147,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,641
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Apr 14, 2004
Sold by
Cline Gerald
Bought by
Plucinski Edmund
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
Islam Nazrul $120,000 None Listed On Document
Plucinski Edmund $74,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $120,000 -19.9% $120,000 / Sq Ft
02/06/2024 02/06/24 For Sale $149,900 -- $149,900 / 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
2024 $3,603 $72,000 $14,800 $57,200
2023 $3,603 $72,000 $14,800 $57,200
2022 $3,388 $72,000 $14,800 $57,200
2021 $3,354 $72,000 $14,800 $57,200
2020 $3,239 $72,000 $14,800 $57,200
2019 $3,172 $72,000 $14,800 $57,200
2018 $3,110 $72,000 $14,800 $57,200
2017 $3,046 $72,000 $14,800 $57,200
2016 $2,931 $72,000 $14,800 $57,200
2015 $2,640 $72,000 $14,800 $57,200
2014 $2,487 $47,400 $8,300 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2062404

Bright MLS

APN: 14-00102-0000-00016