$417,000
SOLD JUN 30, 2025

317 Walnut St Unit 19 Delanco, NJ 08075

-- Bed
-- Bath
2,748 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

5% Above List Price

31 Days on Market

Highlights

  • Wood Flooring
  • Replacement Windows
  • Energy-Efficient Windows
  • Forced Air Heating System

About This Home

As of June 2025

Excellent investment opportunity in Delanco featuring a three-family property with seven bedrooms and three bathrooms across 2,560 square feet of living space. This fully occupied property generates $4,565 per month in rental income. Conveniently located near local amenities, public transportation, and major roadways for easy commuting. Please see agent remarks to see when next showing instructions.

Last Agent to Sell the Property

Nicholas Godwin

(732) 710-5409 godwin.riseproperties@gmail.com RE/MAX Select - Westfield Listed on: 03/21/2025

RE/MAX Select - Westfield

Last Buyer's Agent

Richard Bradin

(609) 760-7028 rbradin@gmail.com Weichert Realtors-Cherry Hill License #679316

Weichert Realtors-Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,929

Year Built

  • Built in 1906

Lot Details

  • 10,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,748 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for snow removal, lawn/shrub care
  • Tax Lot 00005
  • Assessor Parcel Number 09-01108-00005

Community Details

Overview

  • 3 Units
  • 2-Story Building

Building Details

  • Insurance Expense $4,046
  • Maintenance Expense $5,157
  • Manager Expense $2,978
  • Operating Expense $33,740
  • Net Operating Income $14,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,929

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent investment opportunity in Delanco featuring a three-family property with seven bedrooms and three bathrooms across 2,560 square feet of living space. This fully occupied property generates $4,565 per month in rental income. Conveniently located near local amenities, public transportation, and major roadways for easy commuting. Please see agent remarks to see when next showing instructions.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2748
  • Living Area Sq Ft: 2748
  • Price Per Sq Ft: 145.20
  • Above Grade Finished Sq Ft: 2748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 317-319

Exterior Features

  • Other Structures: Above Grade
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 2977.50

Schools

  • School District: DELANCO TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396947
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Good, Average
  • Zoning: R-4

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Snow Removal, Lawn/Shrub Care
  • Total Actual Rent: 47938.26
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Operating Expense: 33739.87
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 5929.00
  • Assessor Parcel Number: 09-01108-00005
  • Tax Lot: 00005
  • Tax Year: 2013
  • Close Date: 06/30/2025

MLS Schools

  • School District Name: DELANCO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Jul 25, 2025
Sold by
317 Walnut Street Llc
Bought by
Delanco Rentals Llc
Seller's Agent
Nicholas Godwin
RE/MAX Select - Westfield
Buyer's Agent
Richard Bradin
Weichert Realtors-Cherry Hill
List Price
$399,000
Sold Price
$417,000
Premium/Discount to List
$18,000
4.51%
Views
77
Current Estimated Value
$393,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,983
Avg. Annual Appreciation
-20.37%

Purchase Details

Closed on
Sep 1, 2020
Sold by
Sharp Edges Remodelers Llc
Bought by
317 Walnut Street Llc

Purchase Details

Closed on
Jun 24, 2008
Sold by
Sharp Alan N and Istvan Karina J
Bought by
Sharp Edges Remodelers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Hannum David and Chelius Michelle M
Bought by
Sharp Alan N and Istvan Karina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Willard Joseph W and Willard Diane G
Bought by
Hannum David and Chelius Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Deed $417,000 Weichert Title
Deed $215,000 None Available
Deed $215,000 None Listed On Document
Deed -- None Available
Deed $295,000 None Available
Deed $225,000 Congress Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $236,000 Purchase Money Mortgage
Previous Owner $180,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $417,000 +4.5% $152 / Sq Ft
03/21/2025 03/21/25 For Sale $399,000 -- $145 / 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 $7,873 $223,800 $46,400 $177,400
2024 $7,898 $223,800 $46,400 $177,400
2023 $7,898 $223,800 $46,400 $177,400
2022 $7,717 $223,800 $46,400 $177,400
2021 $7,692 $223,800 $46,400 $177,400
2020 $7,573 $223,800 $46,400 $177,400
2019 $7,363 $223,800 $46,400 $177,400
2018 $7,215 $223,800 $46,400 $177,400
2017 $7,079 $223,800 $46,400 $177,400
2016 $6,871 $223,800 $46,400 $177,400
2015 $6,757 $223,800 $46,400 $177,400
2014 $6,586 $223,800 $46,400 $177,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2083296

Bright MLS

APN: 09-01108-0000-00005