NOT LISTED FOR SALE

316 W 3rd Ave Runnemede, NJ 08078

Estimated Value: $319,000 - $421,000

-- Bed
-- Bath
2,751 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $235,000 $85 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,630/month

Highlights

  • Deck
  • No HOA
  • Awning
  • 1 Fireplace
  • Bungalow
  • 90% Forced Air Heating and Cooling System

About This Home

As of February 2020

A True Money Maker. If Looking for a positive cash flow property that doesn't require a lot of work to get started come check out this pristine triplex conveniently located in downtown Runnemede. Property has upgraded kitchens and baths and separate utilities. Property is also perfect for a owner occupant

Last Agent to Sell the Property

Michael Lott

(609) 472-9158 mlott612@gmail.com Better Homes and Gardens Real Estate Maturo License #9803500 Listed on: 10/03/2019

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Michael Lott

(609) 472-9158 mlott612@gmail.com Better Homes and Gardens Real Estate Maturo License #9803500 Listed on: 10/03/2019

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,097

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00

Home Design

  • Triplex
  • Bungalow
  • Dwelling with Rental
  • Frame Construction

Interior Spaces

  • 2,751 Sq Ft Home
  • 1 Fireplace
  • Awning
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 30-00076-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,097

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Bungalow, Dwelling W/Separate Living Area, Dwelling With Rental
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All refrigerators, washers and dryers
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: A True Money Maker. If Looking for a positive cash flow property that doesn't require a lot of work to get started come check out this pristine triplex conveniently located in downtown Runnemede. Property has upgraded kitchens and baths and separate utilities. Property is also perfect for a owner occupant
  • Special Features: VirtualTour

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2751
  • Living Area Sq Ft: 2751
  • Price Per Sq Ft: 86.88
  • Above Grade Finished Sq Ft: 2751
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 316

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights, Awning(s), Exterior Lighting
  • Spa: No
  • 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, On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • School District Key: 300200396979
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 134000.00
  • Land Assessed Value: 42800.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Total Actual Rent: 33900.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1920687
  • Tax Annual Amount: 7097.00
  • Assessor Parcel Number: 30-00076-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2751
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 02/03/2020

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
316 3Rd Avenue Llc and 316 West 3Rd Ave Llc
Bought by
Asa General Construction Llc
Current Estimated Value
$362,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$229,026
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$133,344

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 30, 2020
Sold by
Manna Anthony and Manna Patricia
Bought by
316 West 3Rd Avenue Llc
Seller's Agent
Michael Lott
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Michael Lott
Better Homes and Gardens Real Estate Maturo
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$164,500
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Asa General Construction Llc $310,000 Equity Plus Land Transfer
Asa General Construction Llc $310,000 Equity Plus Land Transfer
316 West 3Rd Avenue Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asa General Construction Llc $232,500
Closed Asa General Construction Llc $232,500
Previous Owner 316 West 3Rd Avenue Llc $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $235,000 0.0% $85 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/14/2019 10/14/19 Off Market $235,000 -- --
10/03/2019 10/03/19 For Sale $239,000 -- $87 / 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 $8,512 $188,900 $42,800 $146,100
2024 $8,253 $188,900 $42,800 $146,100
2023 $8,253 $188,900 $42,800 $146,100
2022 $7,990 $188,900 $42,800 $146,100
2021 $6,707 $188,900 $42,800 $146,100
2020 $7,229 $176,800 $42,800 $134,000
2019 $7,097 $176,800 $42,800 $134,000
2018 $7,043 $178,900 $42,800 $136,100
2017 $6,863 $178,900 $42,800 $136,100
2016 $6,777 $178,900 $42,800 $136,100
2015 $6,796 $178,900 $42,800 $136,100
2014 $6,459 $178,900 $42,800 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD378178

Bright MLS

APN: 30-00076-0000-00005