NOT LISTED FOR SALE

320 River Dr Westville, NJ 08093

Estimated Value: $284,000 - $365,000

-- Bed
-- Bath
2,618 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $175,000 $67 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,559/month

22 Days on Market

Highlights

  • River View
  • More Than Two Accessible Exits
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of November 2020

Great Investment opportunity with this 3 unit Triplex that has a scenic river view.

Last Agent to Sell the Property

Barbara Mckale

(609) 220-2711 Barbara.McKale@foxroach.com BHHS Fox & Roach-Marlton Listed on: 08/13/2020

BHHS Fox & Roach-Marlton

Last Buyer's Agent

Laura Idell

(609) 705-4295 laura.idell@foxroach.com BHHS Fox & Roach 9th Street-Ocean City

BHHS Fox & Roach 9th Street-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,554

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60.00 x 180.00

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2,618 Sq Ft Home
  • River Views
  • Basement

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Hot Water Baseboard Heater
  • Multi-Tank Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, water, real estate taxes
  • Tax Lot 00007
  • Assessor Parcel Number 21-00015-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,554

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2618
  • Living Area Sq Ft: 2618
  • Price Per Sq Ft: 79.83
  • Above Grade Finished Sq Ft: 2618
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: River, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric, Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126300.00
  • Land Assessed Value: 54000.00
  • Lot Size Acres: 0.25
  • Lot Dimensions: 60.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10800.00
  • Zoning: 2SF

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Taxes - Real Estate
  • Total Actual Rent: 31200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2055170
  • Tax Annual Amount: 8554.00
  • Assessor Parcel Number: 21-00015-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WESTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 13, 2020
Sold by
Shahrokh Mahmoud
Bought by
Fyp Holdings Llc
Seller's Agent
Barbara Mckale
BHHS Fox & Roach-Marlton
Buyer's Agent
Laura Idell
BHHS Fox & Roach 9th Street-Ocean City
List Price
$209,000
Sold Price
$175,000
Premium/Discount to List
-$34,000
-16.27%
Current Estimated Value
$332,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,006
Avg. Annual Appreciation
13.46%
Original Mortgage
$213,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1999
Sold by
Neilio Michael T Thomas and Neilio Maria E
Bought by
Mahmoud Shahrokh

Purchase Details

Closed on
Jul 28, 1989
Bought by
Shahrokh Mahmoud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fyp Holdings Llc $175,000 National Integrity Ttl Agcy
Fyp Holdings Llc $175,000 None Listed On Document
Mahmoud Shahrokh $113,500 Chicago Title Insurance Co
Shahrokh Mahmoud $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fyp Holdings Llc $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $175,000 -16.3% $67 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $209,000 -- $80 / 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 $9,810 $180,300 $54,000 $126,300
2024 $9,496 $180,300 $54,000 $126,300
2023 $9,496 $180,300 $54,000 $126,300
2022 $9,224 $180,300 $54,000 $126,300
2021 $9,058 $180,300 $54,000 $126,300
2020 $8,784 $180,300 $54,000 $126,300
2019 $8,553 $180,300 $54,000 $126,300
2018 $8,184 $180,300 $54,000 $126,300
2017 $8,406 $180,300 $54,000 $126,300
2016 $8,128 $180,300 $54,000 $126,300
2015 $7,764 $180,300 $54,000 $126,300
2014 $7,269 $195,600 $46,600 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL262992

Bright MLS

APN: 21-00015-0000-00007