NOT LISTED FOR SALE

303 Penn St Burlington, NJ 08016

Estimated Value: $163,000 - $225,000

2 Beds
1 Bath
832 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $85,000 $102 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,374/month

18 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • Rambler Architecture
  • Attic
  • 3-minute walk to Burlington Boat Launch

About This Home

As of May 2018

JUST REDUCED!!!Single Family Home with Off Street Parking and Riverview in Historic Downtown Burlington! Located one block from the Delaware River in downtown Burlington. This well kept 2 bedroom home is within walking distance to fishing and boating on the river, downtown shopping and dining. The river line light rail station is within walking distance as well as bus stops. The property has a large fenced in backyard. Great for backyard barbeques and entertaining, planting a garden, pets or whatever else you can imagine, complete with a large rear shed. This adorable single story home has hardwood floors in the living room and both bedrooms, a tiled eat in kitchen with basement access to the laundry area with washer and dryer. There is a full basement with a small room you can use for storage. The home has central air, a new gas furnace and hot water heater, pull down attic stairs and newer energy efficient windows. Come check it out. Plenty of space for living but it won't break the bank when you want to do some decorating projects. You can see the Delaware river from the side porch and back yard but this home does not require flood insurance. How great is that? Money saver! The property is currently rented for $1250/month with tenants on a month to month lease. Investors can scoop up this turn key property or that savvy homebuyer can grab this wonderful single family home and make it their very own. There are not many single family homes available in this price range, especially that have their own off street parking. No lugging groceries down the street here! This is your chance to own your own place downtown and become a part of the up and coming vibrant community of Burlington. Call today to make an appointment to see this unique home located in the Historic City of Burlington.

Last Agent to Sell the Property

Linda Gregorowicz

Property Management Services of Burlington County License #9231540 Listed on: 02/23/2018

Last Buyer's Agent

Donneta Crane

Addison Wolfe Real Estate License #RS299018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1901

Lot Details

  • 6,615 Sq Ft Lot
  • Lot Dimensions are 45x147
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned TRN

Home Design

  • Rambler Architecture
  • Traditional Architecture

Interior Spaces

  • 832 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Shed
  • Porch

Schools

  • Wilburwatts Middle School
  • Burlington City High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00030
  • Assessor Parcel Number 05-00124-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,459

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: All Appliances As Shown
  • New Construction: No
  • Year Built: 1901
  • Remarks Public: JUST REDUCED!!!Single Family Home with Off Street Parking and Riverview in Historic Downtown Burlington! Located one block from the Delaware River in downtown Burlington. This well kept 2 bedroom home is within walking distance to fishing and boating on the river, downtown shopping and dining. The river line light rail station is within walking distance as well as bus stops. The property has a large fenced in backyard. Great for backyard barbeques and entertaining, planting a garden, pets or whatever else you can imagine, complete with a large rear shed. This adorable single story home has hardwood floors in the living room and both bedrooms, a tiled eat in kitchen with basement access to the laundry area with washer and dryer. There is a full basement with a small room you can use for storage. The home has central air, a new gas furnace and hot water heater, pull down attic stairs and newer energy efficient windows. Come check it out. Plenty of space for living but it won't break the bank when you want to do some decorating projects. You can see the Delaware river from the side porch and back yard but this home does not require flood insurance. How great is that? Money saver! The property is currently rented for $1250/month with tenants on a month to month lease. Investors can scoop up this turn key property or that savvy homebuyer can grab this wonderful single family home and make it their very own. There are not many single family homes available in this price range, especially that have their own off street parking. No lugging groceries down the street here! This is your chance to own your own place downtown and become a part of the up and coming vibrant community of Burlington. Call today to make an appointment to see this unique home located in the Historic City of Burlington.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 832
  • Living Area Sq Ft: 832
  • Net Sq Ft: 832.00
  • Price Per Sq Ft: 105.17
  • Above Grade Finished Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Block
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • View: Water
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • Middle School: WILBURWATTS
  • High School: BURLINGTON CITY
  • School District Key: 300200397177
  • High School: BURLINGTON CITY
  • Middle Or Junior School: WILBURWATTS

Lot Info

  • Improvement Assessed Value: 53400.00
  • Land Assessed Value: 41800.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.15
  • Lot Dimensions: 45X147
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6615.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: TRN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1604757
  • Tax Annual Amount: 3459.00
  • Assessor Parcel Number: 05-00124-00030
  • Tax Lot: 00030
  • Tax Year: 2017
  • Close Date: 05/04/2018

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 3, 2018
Sold by
Hines Pamela A
Bought by
Pace Andrea Marie
Seller's Agent
Linda Gregorowicz
Property Management Services of Burlington County
Buyer's Agent
Donneta Crane
Addison Wolfe Real Estate
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Current Estimated Value
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,000
Avg. Annual Appreciation
11.76%
Original Mortgage
$581,868
Outstanding Balance
$502,080
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
-$311,080

Purchase Details

Closed on
Sep 25, 1998
Sold by
Jones Richard M and Jones Joann F
Bought by
Hines Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Pace Andrea Marie $84,400 Foundation Title Llc
Hines Pamela A $73,500 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pace Andrea Marie $581,868
Previous Owner Hines Pamela A $83,250
Previous Owner Hines Pamela A $117,000
Previous Owner Hines Pamela A $88,400
Previous Owner Hines Pamela A $6,401
Previous Owner Hines Pamela A $67,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $85,000 -2.9% $102 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $87,500 0.0% $105 / Sq Ft
09/01/2016 09/01/16 Rented $1,250 0.0% --
08/26/2016 08/26/16 Under Contract -- -- --
08/01/2016 08/01/16 For Rent $1,250 -- --
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 $4,122 $95,200 $41,800 $53,400
2024 $4,050 $95,200 $41,800 $53,400
2023 $4,050 $95,200 $41,800 $53,400
2022 $4,005 $95,200 $41,800 $53,400
2021 $3,947 $95,200 $41,800 $53,400
2020 $3,806 $95,200 $41,800 $53,400
2019 $3,630 $95,200 $41,800 $53,400
2018 $3,568 $95,200 $41,800 $53,400
2017 $3,459 $95,200 $41,800 $53,400
2016 $3,328 $95,200 $41,800 $53,400
2015 $3,209 $95,200 $41,800 $53,400
2014 $3,104 $95,200 $41,800 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000193344

Bright MLS

APN: 05-00124-0000-00030