Seller's Agent in 2022
Patricia Fiume
RE/MAX
(609) 510-1200
2 in this area
216 Total Sales
306 Burlington Ave Delanco, NJ 08075
Estimated Value: $228,000 - $262,000
--
Bed
--
Bath
1,520
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Ceiling Fan
- Replacement Windows
About This Home
As of May 2022This twin duplex - the right side facing from the street, is located in Delanco on Burlington Ave. Three blocks away is the Riverline station train stop in Riverside. Both apartments are two bedrooms, a living room, eat in kitchen (with washer and dryer, stove and refrigerator) and a full bathroom. The first-floor apartment has access to a dry basement. Both units have a nice sized fenced in yard that are each used privately by both tenants. Both units have gas hot air heat, hot water, gas clothes dryers and gas stoves. Gas & electric is serviced by PSE&G and water is NJ American water. Sewer is Delanco Twp. This building is vinyl sided. Excellent rentals due to neighborhood, schools and easy access to public transportation. This property has hardwired smoke detectors in both basements with an outside alarm as well. 306-1 is first floor. 306-2 is 2nd & 3rd floors with one bedroom on the 2nd and one bedroom on the 3rd floors. All units are currently rented. A great investment with way for the savvy investor!!! Minimum 24-hour notice for showings as the property manager has to confirm all showings and will accompany.
Owner says let's make a deal!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,547
Year Built
- Built in 1880
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,520 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Basement Fills Entire Space Under The House
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 00020
- Assessor Parcel Number 09-01303-00020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2022
Closed on
May 13, 2022
Sold by
Marie H Homann Living Trust
Bought by
Brown Keith
Seller's Agent
Patricia Fiume
RE/MAX Of Cherry Hill
Buyer's Agent
Kyle Williams
Kinniebrew Associates, Inc.
List Price
$299,900
Sold Price
$190,000
Premium/Discount to List
-$109,900
-36.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,385
Avg. Annual Appreciation
8.25%
Original Mortgage
$141,750
Outstanding Balance
$134,871
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$111,514
Purchase Details
Closed on
Oct 14, 2008
Sold by
Homann Alfred J and Homann Marie H
Bought by
Homann Marie H
Purchase Details
Closed on
Nov 26, 2003
Sold by
Homann Alfred J and Homann Marie H
Bought by
Homann Alfred J and Homann Marie H
Purchase Details
Closed on
Aug 1, 2002
Sold by
Venuto Keith A and Venuto Laraine
Bought by
Homann Alfred J and Homann Marie H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.39%
Mortgage Type
Stand Alone First
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Keith | $189,000 | Foundation Title | |
| Homann Marie H | -- | None Available | |
| Homann Alfred J | -- | -- | |
| Homann Alfred J | $89,250 | Infinity Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Keith | $141,750 | |
| Previous Owner | Homann Alfred J | $71,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $190,000 | -5.0% | $125 / Sq Ft |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | Price Changed | $199,900 | -4.8% | $132 / Sq Ft |
| 04/11/2022 04/11/22 | Price Changed | $209,900 | -8.7% | $138 / Sq Ft |
| 04/05/2022 04/05/22 | Price Changed | $229,900 | -23.3% | $151 / Sq Ft |
| 03/29/2022 03/29/22 | For Sale | $299,900 | -- | $197 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,654 | $128,800 | $30,300 | $98,500 |
| 2024 | $4,669 | $132,300 | $30,300 | $102,000 |
| 2023 | $4,669 | $132,300 | $30,300 | $102,000 |
| 2022 | $4,562 | $132,300 | $30,300 | $102,000 |
| 2021 | $4,547 | $132,300 | $30,300 | $102,000 |
| 2020 | $4,477 | $132,300 | $30,300 | $102,000 |
| 2019 | $4,353 | $132,300 | $30,300 | $102,000 |
| 2018 | $4,265 | $132,300 | $30,300 | $102,000 |
| 2017 | $4,185 | $132,300 | $30,300 | $102,000 |
| 2016 | $4,062 | $132,300 | $30,300 | $102,000 |
| 2015 | $3,994 | $132,300 | $30,300 | $102,000 |
| 2014 | $3,894 | $132,300 | $30,300 | $102,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Fiume
-
Kyle Williams
K
Buyer's Agent in 2022
Kyle Williams
Kinniebrew Associates, Inc.
(609) 500-6500
1 in this area
11 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2021758
APN: 09-01303-0000-00020
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