NOT LISTED FOR SALE

318 London Ave Unit 320 Egg Harbor City, NJ 08215

Estimated Value: $234,369 - $263,000

-- Bed
-- Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $135,000

Est. 83% increase in value since last sale

Current estimated payment $1,859/month

6 Days on Market

Highlights

  • Breakfast Area or Nook
  • Workshop
  • Porch
  • Cedar Creek High School Rated A-
  • 1.5 Car Detached Garage
  • Living Room

About This Home

As of August 2021

Great Investment on a nice tree lined street. The property has undergone many upgrades over recent years. including the roof, windows and siding along with a huge garage. The second floor unit is a one bedroom apartment with steps to an attic that could be additional living space. This one is rented for 780 plus 40% of the water and sewer bill. The first floor unit is a large two bedroom apartment with a large eat in kitchen, spacious living room and a bathroom that was a washer and dryer, The enclosed porch adds to the living area, there is an enclosed porch that leads outside and to the basement. This unit is rented for 950 plus 60% of the water and sewer bill. There is a large front porch that takes you to each apartment. The detached garage fronts on the terrace which allow private access and can bring in additional revenue

Last Agent to Sell the Property

Dan Boddy

CENTURY 21 FRICK REALTORS License #SP-9485668 Listed on: 06/04/2021

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

Danielle Collette

BALSLEY/LOSCO-VENTNOR License #0561585

BALSLEY/LOSCO-VENTNOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1920

Lot Details

  • 6,011

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Living Room
  • Dining Area
  • Workshop
  • Storage In Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 40x150

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,035

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 06/06/2021
  • Year Built: 1920
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Inside Entrance, Partial
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Storage Attic, Workshop

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Garage: One And Half Car, Detached Garage
  • Parking Exterior: One Car

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 40x150

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
318-320 London Avenue Llc
Bought by
318-329 London Group Realty Llc
Current Estimated Value
$247,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2023
Sold by
Nj Holding Group Llc
Bought by
318-320 London Avenue Llc

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 1, 2021
Sold by
Salmon Clayton H and Salmon Christine T
Bought by
Nj Holding Group Llc
Seller's Agent
Dan Boddy
CENTURY 21 FRICK REALTORS
Buyer's Agent
Danielle Collette
BALSLEY/LOSCO-VENTNOR
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$101,250
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 16, 2015
Sold by
Kraly Mark
Bought by
Salmon Clayton H and Salmon Christine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Christman Fred J and Christman Bernadette
Bought by
Kraly Mark

Purchase Details

Closed on
Oct 31, 2002
Sold by
Cappuccio Arnold and Gugliotta Basil
Bought by
Christman Fred J and Christman Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
9.55%
Mortgage Type
Unknown
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
318-329 London Group Realty Llc $235,000 Trident Abstract Title
318-320 London Avenue Llc $100,000 Cornerstone Title
Nj Holding Group Llc $135,000 Fidelity National Ttl Ins Co
Salmon Clayton H $130,000 Foundation Title Llc
Kraly Mark $125,000 Fidelity National Title
Christman Fred J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 318-329 London Group Realty Llc $176,250
Previous Owner Nj Holding Group Llc $101,250
Previous Owner Salmon Clayton H $97,500
Previous Owner Christman Fred $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $135,000 -15.6% --
06/10/2021 06/10/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $159,900 -- --
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
2024 $6,035 $110,100 $27,000 $83,100
2023 $6,004 $110,100 $27,000 $83,100
2022 $6,004 $110,100 $27,000 $83,100
2021 $5,753 $110,100 $27,000 $83,100
2020 $5,814 $110,100 $27,000 $83,100
2019 $5,786 $110,100 $27,000 $83,100
2018 $5,796 $110,100 $27,000 $83,100
2017 $5,842 $125,200 $34,000 $91,200
2016 $5,675 $125,200 $34,000 $91,200
2015 $5,354 $125,200 $34,000 $91,200
2014 $5,231 $125,200 $34,000 $91,200
Source: Public Records

Agents Affiliated with this Home

  • Dan Boddy

    Seller's Agent in 2021

    Dan Boddy

    CENTURY 21 FRICK REALTORS

    (609) 703-6666

    205 Total Sales

    Section Image
  • Danielle Collette

    Buyer's Agent in 2021

    Danielle Collette

    BALSLEY/LOSCO-VENTNOR

    (609) 338-8072

    99 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 551557

South Jersey Shore Regional MLS

APN: 07-00201-0000-00002-02

New Jersey Atlantic County Egg Harbor City 08215

318 London Ave Unit 320, Egg Harbor City, NJ

This home is located at 318 London Ave Unit 320, Egg Harbor City, NJ 08215 since 04 June 2021 and is currently estimated at $246,592. This property was built in 1920. 318 London Ave Unit 320 is a home located in Atlantic County with nearby schools including Charles L. Spragg Elementary School, Egg Harbor City Community School, and Cedar Creek High School.

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