Seller's Agent in 2020
Patrick Neely
Richard Neely Real Estate
(609) 410-2441
1 in this area
5 Total Sales
32 W Barber Ave Woodbury, NJ 08096
Estimated Value: $226,480
--
Bed
--
Bath
2,089
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- No HOA
- Oversized Parking
- Dwelling with Rental
- 1 Car Detached Garage
- Forced Air Heating System
About This Home
As of February 2020Buy this property as an owner occupant, using the rental income to pay your mortgage with possible positive cash flow. Here's how As-is Purchase price is $165,000 Renovate Duplex $35,000 Total Cost $200,000. After renovation occupy the second floor 3 bedroom apartment. A monthly payment on a 4% 30 year $200,000 fixed mortgage is approximately $955 Real Estate tax monthly payment is approximately $635 Total Monthly cost $1,580. The office/warehouse rental income is $700 the two bedroom first floor apartment rental income is $1,000, Total Monthly Income $1,700 Total Positive Cashlow $120.00 per month Or BUY THIS PROPERTY AS AN INVESTOR AND Rent the second floor 3 bedroom apartment for a total annual income of $37,200 Producing a Capitalization Rate of 18.6%.
Last Agent to Sell the Property
(609) 410-2441 realestatenjpa@gmail.com Richard Neely Real Estate Listed on: 08/05/2019
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 5,289 Sq Ft Lot
- Lot Dimensions are 43.00 x 123.00
Parking
- 1 Car Detached Garage
- Oversized Parking
- Driveway
- On-Street Parking
Home Design
- 2,089 Sq Ft Home
- Duplex
- Dwelling with Rental
- Frame Construction
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00005
- Assessor Parcel Number 22-00075-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 2, 2020
Sold by
Pantarelli Homes Inc
Bought by
City Of Woodbury
Current Estimated Value
Purchase Details
Closed on
Jun 5, 2019
Sold by
Brody David J and Brody Jennifer
Bought by
Pantarelli Homes Inc
Purchase Details
Closed on
Jun 16, 2006
Sold by
Brody William R
Bought by
Brody David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 2005
Sold by
Turner Maryellen
Bought by
Brody William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
7.47%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 30, 2004
Sold by
Turner Michael A
Bought by
Turner Mary Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2001
Sold by
Pafumi Joseph and Pafumi Carol K
Bought by
Turner Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,059
Interest Rate
7.01%
Mortgage Type
FHA
Purchase Details
Closed on
May 9, 1996
Sold by
Dececco Karen
Bought by
Pafumi John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| City Of Woodbury | $145,000 | None Listed On Document | |
| Pantarelli Homes Inc | $79,600 | None Available | |
| Brody David J | $265,000 | -- | |
| Brody William R | $235,000 | Surety Title | |
| Turner Mary Ellen | $200,000 | Congress Title | |
| Turner Michael A | $120,000 | -- | |
| Pafumi John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brody David J | $212,000 | |
| Previous Owner | Brody William R | $223,250 | |
| Previous Owner | Turner Mary Ellen | $129,500 | |
| Previous Owner | Turner Michael A | $119,059 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2020 02/04/20 | Sold | $129,000 | -21.8% | $62 / Sq Ft |
| 02/04/2020 02/04/20 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | Price Changed | $165,000 | -11.5% | $79 / Sq Ft |
| 08/05/2019 08/05/19 | For Sale | $186,500 | -- | $89 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | -- | $28,800 | $28,800 | -- |
| 2024 | -- | $28,800 | $28,800 | $0 |
| 2023 | -- | $28,800 | $28,800 | $0 |
| 2022 | -- | $176,000 | $28,800 | $147,200 |
| 2021 | $7,925 | $176,000 | $28,800 | $147,200 |
| 2020 | $7,925 | $160,500 | $25,900 | $134,600 |
| 2019 | $7,659 | $160,500 | $25,900 | $134,600 |
| 2018 | $7,489 | $160,500 | $25,900 | $134,600 |
| 2017 | $7,362 | $160,500 | $25,900 | $134,600 |
| 2016 | $7,259 | $160,500 | $25,900 | $134,600 |
| 2015 | $7,141 | $160,500 | $25,900 | $134,600 |
| 2014 | $7,028 | $160,500 | $25,900 | $134,600 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Neely
-
Richard Neely
R
Seller Co-Listing Agent in 2020
Richard Neely
Richard Neely Real Estate
(856) 235-8088
1 in this area
7 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2020
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJGL245718
APN: 22-00075-0000-00005
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