NOT LISTED FOR SALE

31 E Forest Grove Rd Vineland, NJ 08360

Estimated Value: $262,000 - $334,000

Studio
-- Bath
1,784 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2022

Last sale price $204,000 $114 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,895 / mo

50 Days on Market

Highlights

  • View of Trees or Woods
  • Double Door Entry
  • Porch
  • Cape Cod Architecture
  • Family Room Off Kitchen
  • Window Unit Cooling System

About This Home

As of November 2022

This is a wonderful Corner Lot Investment property with an excellent location. Unit A, the first floor unit. It is a two bedrooms. It has good size rooms, oil radiator heat, a separate entrance and ample parking. This unit is tenant occupied with a lease of $1050.00 per month.( It has previously been leased for $1150 per month prior to remodeling the bathroom. So current potential is for $1150.00 up per month. (The 1st floor lease ends on 12/31/22.)

Unit B, the 2nd floor unit it is a one bedroom unit with gas heat it has a separate entrance and ample parking. (Although it is currently vacant it has income potential of $950.00 per month.) Also, there is a large backyard for the tenants to enjoy.
Perhaps:“live in upstairs and let bottom tenant pay mortgage “.
This property is being sold "As Is". Don't delay! Bring your investors!!

Last Agent to Sell the Property

Eileen Pilone

(856) 343-6000 eileen.pilone@foxroach.com BHHS Fox & Roach-Mullica Hill South License #9804693 Listed on: 08/15/2022

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Marco Nunez

(856) 457-4900 dsupnick@aol.com Realty Mark Advantage

Realty Mark Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 1929

Lot Details

  • 28,127 Sq Ft Lot
  • Lot Dimensions are 225.00 x 125.00
  • Rural Setting
  • Level Lot
  • Back Yard
  • Property is in average condition

Home Design

  • Duplex
  • Cape Cod Architecture
  • Brick Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,784 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Window Screens
  • Double Door Entry
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Built-In Range

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Dirt Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Vineland High School

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-00910-00001

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,847

Year Built

Built in 1929

Lot Details

0.65 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Tenant belongings
  • Historic: No
  • Inclusions: All existing appliances.
  • New Construction: No
  • Expected On Market: 2022-08-15
  • Year Built: 1929
  • Building Winterized: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Built-In Range
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen
  • Window Features: Replacement, Insulated, Energy Efficient, Screens
  • Fireplace: No
  • Door Features: Storm, Double Entry
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Total Sq Ft: 1784
  • Living Area Sq Ft: 1784
  • Price Per Sq Ft: 109.30
  • Above Grade Finished Sq Ft: 1784
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos, Block
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas Available, Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: VINELAND

Lot Info

  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.65
  • Lot Dimensions: 225.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28127.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Soil Types: Unknown
  • Zoning: 02

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 3847.00
  • Assessor Parcel Number: 14-00910-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 30, 2022
Sold by
Bought by
Seller's Agent
Eileen Pilone
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Marco Nunez
Realty Mark Advantage
List Price
$205,500
Sold Price
$204,000
Premium/Discount to List
-$1,500
-0.73%
Views
98
Current Estimated Value
$285,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,751
Avg. Annual Appreciation
9.93%
Original Mortgage
$200,305
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$204,000 --
$204,000 None Listed On Document
$68,500 --
$68,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,305
Previous Owner $61,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $204,000 +4.6% $114 / Sq Ft
09/30/2022 09/30/22 Price Changed $195,000 -5.1% $109 / Sq Ft
08/15/2022 08/15/22 For Sale $205,500 -- $115 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,226 $127,700 $38,200 $89,500
2025 $4,066 $127,700 $38,200 $89,500
2024 $4,066 $127,700 $38,200 $89,500
2023 $4,039 $127,700 $38,200 $89,500
2022 $3,919 $127,700 $38,200 $89,500
2021 $3,848 $127,700 $38,200 $89,500
2020 $3,738 $127,700 $38,200 $89,500
2019 $3,687 $127,700 $38,200 $89,500
2018 $3,590 $127,700 $38,200 $89,500
2017 $3,410 $127,700 $38,200 $89,500
2016 $3,290 $127,700 $38,200 $89,500
2015 $3,168 $127,700 $38,200 $89,500
2014 $2,996 $127,700 $38,200 $89,500
Source: Public Records

Agents Affiliated with this Home

  • Eileen Pilone

    Seller's Agent in 2022

    Eileen Pilone

    BHHS Fox & Roach

    (609) 685-9468

    50 Total Sales

    Eileen Pilone
    Section Image
  • Marco Nunez

    Buyer's Agent in 2022

    Marco Nunez

    Realty Mark Advantage

    (215) 360-6860

    108 Total Sales

    Marco Nunez
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCB2007836

Bright MLS

APN: 14-00910-0000-00001

New Jersey Cumberland County Vineland 08360

31 E Forest Grove Rd, Vineland, NJ

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