$330,000
SOLD OCT 24, 2024

305 W Clayton Ave Clayton, NJ 08312

-- Bed
-- Bath
2,208 Sq Ft
0.37 Acres

Recently Sold

$149 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Colonial Architecture
  • Back, Front, and Side Yard
  • Radiator

About This Home

As of October 2024

Great income stream! Separate electric and gas meters and new water heaters installed! Unit 2 has a new bath and there is a brand new fire monitoring system installed. The 7 year State Inspection was completed in 2024. Landlord includes water and sewer in the current leases.

Last Agent to Sell the Property

Suzanne Cunningham

BHHS Fox & Roach-Washington-Gloucester License #0570298 Listed on: 08/08/2024

BHHS Fox & Roach-Washington-Gloucester

Last Buyer's Agent

Rose Simila

Home and Heart Realty

Home and Heart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 126.62 x 125
  • Back, Front, and Side Yard

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Masonry
  • Stucco

Interior Spaces

  • 2,208 Sq Ft Home
  • Basement
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Off-Street Parking

Schools

  • Herma S. Simmons Elementary School
  • Clayton Middle School
  • Clayton High School

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 01-00316-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,631

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great income stream! Separate electric and gas meters and new water heaters installed! Unit 2 has a new bath and there is a brand new fire monitoring system installed. The 7 year State Inspection was completed in 2024. Landlord includes water and sewer in the current leases.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Brick/Mortar
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2208
  • Living Area Sq Ft: 2208
  • Price Per Sq Ft: 142.66
  • Above Grade Finished Sq Ft: 2208
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stucco
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CLAYTON PUBLIC SCHOOLS
  • Elementary School: HERMA S. SIMMONS E.S.
  • Middle School: CLAYTON M.S.
  • High School: CLAYTON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397412
  • School District Source: Listing Agent
  • Elementary School: HERMA S. SIMMONS E.S.
  • High School: CLAYTON H.S.
  • Middle Or Junior School: CLAYTON M.S.

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.37
  • Lot Dimensions: 126.62 x 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.20
  • Year Assessed: 2023
  • Zoning: R-B

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 6631.00
  • Assessor Parcel Number: 01-00316-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/24/2024

MLS Schools

  • School District Name: CLAYTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 13, 2024
Sold by
Sparacio Jonathan J
Bought by
Reynolds Austin
Seller's Agent
Suzanne Cunningham
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Rose Simila
Home and Heart Realty
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Views
8
Current Estimated Value
$346,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,155
Avg. Annual Appreciation
9.39%
Original Mortgage
$318,986
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2020
Sold by
Divigenze Michael and Divigenze Vicky L
Bought by
Sparacio Jonathan J

Purchase Details

Closed on
May 19, 2014
Sold by
Divigenze Michael and Divigenze Vicky L
Bought by
Divigenze Michael and Divigenze Vicky L
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 Type Sale Price Title Company
Bargain Sale Deed $330,000 First American Title
Deed $190,000 Foundation Title Llc
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,986 FHA
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $330,000 +4.8% $149 / Sq Ft
08/15/2024 08/15/24 For Sale $315,000 0.0% $143 / Sq Ft
08/14/2024 08/14/24 Off Market $315,000 -- --
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $315,000 -- $143 / 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 $7,128 $288,000 $55,500 $232,500
2024 $6,631 $288,000 $55,500 $232,500
2023 $6,631 $164,100 $25,600 $138,500
2022 $6,559 $164,100 $25,600 $138,500
2021 $6,480 $164,100 $25,600 $138,500
2020 $6,493 $164,100 $25,600 $138,500
2019 $6,383 $164,100 $25,600 $138,500
2018 $6,293 $164,100 $25,600 $138,500
2017 $6,187 $164,100 $25,600 $138,500
2016 $6,121 $164,100 $25,600 $138,500
2015 $5,940 $164,100 $25,600 $138,500
2014 $5,982 $171,200 $32,700 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2046054

Bright MLS

APN: 01-00316-0000-00002