NOT LISTED FOR SALE

Estimated Value: $165,000 - $378,000

-- Bed
-- Bath
3,019 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $125,000 $41 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,870/month

149 Days on Market

Highlights

  • 0.05 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to 4th & Washington Park

About This Home

As of January 2023

INVESTOR ALERT!!! LOCATION, LOCATION, LOCATION!!! Potential 5 unit Building in BOOMING Lanning Square Section of Camden. Short walk to Cooper University and an even shorter walk to Cooper Medical School Of Rowan University. Engineered Floor plan that was drawn up by an Engineer is attached in documents for a total of 5 units. The proposed floor plan consists of 3 2 bedroom units, one 1 bedroom unit and a studio. This is an amazing opportunity for a buy and hold or a fix and flip. Property has new roof and demo has already been mostly completed. Open layout for endless opportunities. Come today to make yourself a Cash Flow KIng. Medical Schools are in need of good safe housing. Strictly AS-IS Sale. Buyer is responsible for Certificate of Occupancy. Schedule your private showing today.

Last Agent to Sell the Property

Patrick Gorman

(856) 986-2482 patrick.gorman@gormangrouprealtors.com Keller Williams - Main Street Listed on: 08/17/2022

Keller Williams - Main Street

Last Buyer's Agent

Patrick Gorman

(856) 986-2482 patrick.gorman@gormangrouprealtors.com Keller Williams - Main Street Listed on: 08/17/2022

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 3,019 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • South Camden Subdivision
  • 5 Vacant Units

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 08-00178-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,925

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT!!! LOCATION, LOCATION, LOCATION!!! Potential 5 unit Building in BOOMING Lanning Square Section of Camden. Short walk to Cooper University and an even shorter walk to Cooper Medical School Of Rowan University. Engineered Floor plan that was drawn up by an Engineer is attached in documents for a total of 5 units. The proposed floor plan consists of 3 2 bedroom units, one 1 bedroom unit and a studio. This is an amazing opportunity for a buy and hold or a fix and flip. Property has new roof and demo has already been mostly completed. Open layout for endless opportunities. Come today to make yourself a Cash Flow KIng. Medical Schools are in need of good safe housing. Strictly AS-IS Sale. Buyer is responsible for Certificate of Occupancy. Schedule your private showing today.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3019
  • Living Area Sq Ft: 3019
  • Price Per Sq Ft: 42.73
  • Above Grade Finished Sq Ft: 3019
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District: CAMDEN CITY SCHOOLS
  • School District Key: 300200396977
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 76600.00
  • Land Assessed Value: 40200.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 5
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1786111
  • Tax Annual Amount: 3925.00
  • Assessor Parcel Number: 08-00178-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 3019
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 01/31/2023

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Jan 30, 2023
Sold by
Vestors 25 Llc
Bought by
Dibartolo Paul
Seller's Agent
Patrick Gorman
Keller Williams - Main Street
Buyer's Agent
Patrick Gorman
Keller Williams - Main Street
List Price
$225,000
Sold Price
$125,000
Premium/Discount to List
-$100,000
-44.44%
Views
296
Current Estimated Value
$288,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,728
Avg. Annual Appreciation
36.66%

Purchase Details

Closed on
Jan 31, 1991
Bought by
Miller Calvin C and Miller Lillie F
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 Buyer Sale Price Title Company
Dibartolo Paul $125,000 Brennan Title Abstract
Miller Calvin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vestors 25 Llc $201,000
Previous Owner Miller Calvin C $116,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $125,000 -3.1% $41 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $129,000 -18.9% $43 / Sq Ft
12/21/2022 12/21/22 Price Changed $159,000 -3.6% $53 / Sq Ft
11/28/2022 11/28/22 Price Changed $165,000 -2.4% $55 / Sq Ft
11/22/2022 11/22/22 Price Changed $169,000 -3.4% $56 / Sq Ft
11/10/2022 11/10/22 Price Changed $175,000 -6.7% $58 / Sq Ft
10/19/2022 10/19/22 Price Changed $187,500 -3.8% $62 / Sq Ft
10/12/2022 10/12/22 Price Changed $195,000 -2.0% $65 / Sq Ft
08/29/2022 08/29/22 Price Changed $199,000 -11.6% $66 / Sq Ft
08/17/2022 08/17/22 For Sale $225,000 -- $75 / 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 $4,138 $116,800 $40,200 $76,600
2024 $4,000 $116,800 $40,200 $76,600
2023 $4,000 $116,800 $40,200 $76,600
2022 $3,926 $116,800 $40,200 $76,600
2021 $3,910 $116,800 $40,200 $76,600
2020 $3,714 $116,800 $40,200 $76,600
2019 $3,557 $116,800 $40,200 $76,600
2018 $3,538 $116,800 $40,200 $76,600
2017 $3,451 $116,800 $40,200 $76,600
2016 $3,342 $116,800 $40,200 $76,600
2015 $3,217 $116,800 $40,200 $76,600
2014 $3,140 $116,800 $40,200 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2032880

Bright MLS

APN: 08-00178-0000-00023