NOT LISTED FOR SALE

309 Central Ave Hammonton, NJ 08037

Estimated Value: $364,680 - $474,000

Studio
-- Bath
2,225 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $270,000 $121 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,658/month

66 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Radiator
  • Hammonton Early Childhood Education Center Rated A-

About This Home

As of September 2021

Let's give a round of applause for a gilded opportunity to own one of the most desirable duplexes in all of Hammonton. Potential to rent for $1,400 upstairs with 2 bdrms. and $1,650 for downstairs 3 bdrm unit. Both units are quite spacious. But what's important to know is this home was once a very charming Victorian single family home. Conversion is easier than you think. Prime location. Driveway starts at Central and winds down to Grape street. Super smart and ideal. Full basement which house two, recently replaced, water heaters, Laundry, and plenty of storage. Bilco access. Attic has space for storage, as well. Meters are separated for gas and electric. Current tenant in unit A. Upstairs, Unit B is vacant with new carpet, blinds, and professionally cleaned. Walking distance to schools and Main street.

Last Agent to Sell the Property

Patricia Chiu

(609) 839-1311 chiu22@comcast.net Balsley-Losco Realtors Listed on: 05/08/2021

Balsley-Losco Realtors

Last Buyer's Agent

Patricia Chiu

(609) 839-1311 chiu22@comcast.net Balsley-Losco Realtors Listed on: 05/08/2021

Balsley-Losco Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50.11 x 182.80

Parking

  • Driveway

Home Design

  • 2,225 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00080
  • Assessor Parcel Number 13-03301-00080

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,981

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2225
  • Living Area Sq Ft: 2225
  • Price Per Sq Ft: 148.26
  • Above Grade Finished Sq Ft: 2225
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132800.00
  • Land Assessed Value: 50400.00
  • Lot Dimensions: 50.11 x 182.80
  • Lot Size Units: Square Feet
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3397952
  • Tax Annual Amount: 4981.00
  • Assessor Parcel Number: 13-03301-00080
  • Tax Lot: 00080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: HAMMONTON TOWN SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Sep 30, 2021
Sold by
Penza Anthony D
Bought by
Stratton Pamela J
Seller's Agent
Patricia Chiu
Balsley-Losco Realtors
Buyer's Agent
Patricia Chiu
Balsley-Losco Realtors
List Price
$359,800
Sold Price
$270,000
Premium/Discount to List
-$89,800
-24.96%
Current Estimated Value
$427,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,920
Avg. Annual Appreciation
11.39%
Original Mortgage
$216,000
Outstanding Balance
$166,513
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$261,407

Purchase Details

Listed on
Oct 8, 2016
Closed on
Apr 3, 2017
Sold by
Forsman Pentti and Forsman Kimberly
Bought by
Penza Anthony D
Seller's Agent
Mike Hoffman
Century 21 Reilly Realtors
Buyer's Agent
Patricia Chiu
Balsley-Losco Realtors
List Price
$255,000
Sold Price
$233,000
Premium/Discount to List
-$22,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$228,779
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2008
Sold by
Diaz Frankie E
Bought by
Forsman Pentti and Forsman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Diaz Frankie
Bought by
Caroline Loomis

Purchase Details

Closed on
May 15, 2000
Sold by
Mcconnell Jeffrey L and Mcconnell Gail R
Bought by
Diaz Frankie Edward and Diaz Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,938
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1994
Sold by
Celona Anthony J and Celona Thelma E
Bought by
Mcconnell Jeffery L and Mcconnell Gail R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stratton Pamela J $270,000 Agents Title
Penza Anthony D $233,000 Agents Title Llc
Forsman Pentti $272,000 Landis Title Corporation
Caroline Loomis $800 --
Diaz Frankie Edward $122,000 Surety Title Corporation
Mcconnell Jeffery L $105,000 B Franklin Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stratton Pamela J $216,000
Previous Owner Penza Anthony D $228,779
Previous Owner Forsman Pentti $204,000
Previous Owner Diaz Frankie Edward $121,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $270,000 -18.2% $121 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $329,888 -2.9% $148 / Sq Ft
05/24/2021 05/24/21 Price Changed $339,588 -5.6% $153 / Sq Ft
05/08/2021 05/08/21 For Sale $359,800 +54.4% $162 / Sq Ft
03/31/2017 03/31/17 Sold $233,000 -8.6% $105 / Sq Ft View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
10/08/2016 10/08/16 For Sale $255,000 -- $115 / 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 $5,042 $183,200 $50,400 $132,800
2024 $5,042 $183,200 $50,400 $132,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC117300

Bright MLS

APN: 13-03301-0000-00080