$729,787
SOLD JUL 12, 2024 RENTED JAN 31, 2025

313 Delsea Dr N Glassboro, NJ 08028

-- Bed
-- Bath
1,592 Sq Ft
0.36 Acres

Recently Sold

$458 Per Sq Ft

4% Below List Price

44 Days on Market

About This Home

As of July 2024

VERY RARE Opportunity in the heart of Glassboro to own detached home while collecting rent from three DETACHED rental units (or can rent all as pure investment). 5 minute walk to main campus. Detached house with three separate rental units. This property qualifies for preferential residential loan, rather then just a commercial loan. Option to live in your own detached personal house, while collecting rental income from three detached units in the rear of the property. Or buy as a pure investment. The house has three bedrooms and one bathroom. The three rental units in the back receive the following rents: House: 3BD/1BA - $2400 Unit 1: 2BD/1BA - $1650 Unit 2: 1BD/1BA - $1400 Unit 3: 1BD/1BA - $1400 Large lot with plenty of off-street parking in paved areas. One minute walk to Walgreens, three min walk to Landmarks and five min walk to main campus.

Last Agent to Sell the Property

Jack Yao

REALMART REALTY Listed on: 04/09/2024

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,455

Year Built

  • Built in 1900

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,455

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 04/09/2024
  • Year Built: 1900
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Blacktop
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric, Oil
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: x

Rental Info

  • Rental Information: Monthly

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jul 19, 2024
Sold by
South Jersey Investments Llc
Bought by
313 Delsea Drive Llc
Seller's Agent
Jack Yao
REALMART REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$759,175
Sold Price
$729,787
Premium/Discount to List
-$29,388
-3.87%
Views
89
Current Estimated Value
$627,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,146
Avg. Annual Appreciation
-12.00%
Original Mortgage
$441,600
Outstanding Balance
$436,679
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$190,962

Purchase Details

Closed on
Feb 12, 2018
Sold by
Snevel Properties Llc
Bought by
South Jersey Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 14, 2017
Sold by
Foote Walter L
Bought by
Snevel Properties Llc
Seller's Agent
Dawn Rapa
OMNI Real Estate Professionals
Buyer's Agent
Monica Francesco
Keller Williams Realty - Washington Township
List Price
$200,000
Sold Price
$240,000
Premium/Discount to List
$40,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $729,787 None Listed On Document
Deed $315,000 None Available
Executors Deed $240,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,600 New Conventional
Closed $441,600 New Conventional
Previous Owner $412,500 Commercial
Previous Owner $240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Rented $2,300 -8.0% --
01/02/2025 01/02/25 Price Changed $2,500 -3.8% $2 / Sq Ft
12/19/2024 12/19/24 Price Changed $2,600 -1.9% $2 / Sq Ft
12/18/2024 12/18/24 Price Changed $2,650 -1.9% $2 / Sq Ft
12/16/2024 12/16/24 For Rent $2,700 0.0% --
07/12/2024 07/12/24 Sold $729,787 -3.9% $458 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $759,175 0.0% $477 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $759,175 0.0% $477 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $759,175 -5.0% $477 / Sq Ft
04/09/2024 04/09/24 For Sale $799,175 +233.0% $502 / Sq Ft
09/15/2017 09/15/17 Sold $240,000 +20.0% $151 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $200,000 -- $126 / Sq Ft
Source: South Jersey Shore Regional 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 $9,455 $268,600 $50,500 $218,100
2024 $9,398 $268,600 $50,500 $218,100
2023 $9,398 $268,600 $50,500 $218,100
2022 $9,304 $268,600 $50,500 $218,100
2021 $9,463 $268,600 $50,500 $218,100
2020 $9,517 $268,600 $50,500 $218,100
2019 $9,533 $268,600 $50,500 $218,100
2018 $9,538 $268,600 $50,500 $218,100
2017 $9,584 $268,600 $50,500 $218,100
2016 $9,307 $268,600 $50,500 $218,100
2015 $9,106 $268,600 $50,500 $218,100
2014 $8,899 $268,600 $50,500 $218,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583989

South Jersey Shore Regional MLS

APN: 06-00014-0000-00018