NOT LISTED FOR SALE

321 E Evesham Ave Magnolia, NJ 08049

Estimated Value: $228,000 - $330,000

-- Bed
-- Bath
1,768 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $132,000 $75 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,195/month

125 Days on Market

About This Home

As of April 2021

Legal duplex with a subdivided, buildable lot. Each unit has 2 bedroom, 1 bathroom. Property is occupied and is need of repair and maintenance. Rents are below market - this is an underperforming asset and there is room to increase cash flow and return on investment. Opportunity to build an additional investment or spec house on adjacent lot. Walgreens and Royal Farms on the corner of the WHP with a vacant commercial lot next door and Jiffy Lube likely coming across the street. Also could be a possible commercial development play. Need to give tenants at least 24 hours notice before showing (preferably 48 hours).Serious inquiries only.

Last Agent to Sell the Property

Jack Yao

Realmart Realty, LLC License #0902217 Listed on: 11/10/2020

Last Buyer's Agent

Carol Terrell

Keller Williams - Main Street License #227464

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,754

Year Built

  • Built in 1900

Lot Details

  • 7,820 Sq Ft Lot
  • Lot Dimensions are 68.00 x 115.00
  • Property is in average condition

Home Design

  • Duplex
  • Side-by-Side
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 23-00005 05-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,754

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Legal duplex with a subdivided, buildable lot. Each unit has 2 bedroom, 1 bathroom. Property is occupied and is need of repair and maintenance. Rents are below market - this is an underperforming asset and there is room to increase cash flow and return on investment. Opportunity to build an additional investment or spec house on adjacent lot. Walgreens and Royal Farms on the corner of the WHP with a vacant commercial lot next door and Jiffy Lube likely coming across the street. Also could be a possible commercial development play. Need to give tenants at least 24 hours notice before showing (preferably 48 hours).Serious inquiries only.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 1768
  • Living Area Sq Ft: 1768
  • Price Per Sq Ft: 84.28
  • Above Grade Finished Sq Ft: 1768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 321

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115900.00
  • Land Assessed Value: 36500.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 68.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7820.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898244
  • Tax Annual Amount: 6754.00
  • Assessor Parcel Number: 23-00005 05-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/01/2021

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 30, 2021
Sold by
Unipro Property Group Llc
Bought by
Garcia Edy and Giron Sandra
Seller's Agent
Jack Yao
Realmart Realty, LLC
Buyer's Agent
Carol Terrell
Keller Williams - Main Street
List Price
$189,000
Sold Price
$132,000
Premium/Discount to List
-$57,000
-30.16%
Current Estimated Value
$287,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,140
Avg. Annual Appreciation
17.26%

Purchase Details

Closed on
Oct 23, 2020
Sold by
Lerza John and Lerza Donna
Bought by
Unipro Property Group Llc

Purchase Details

Closed on
Oct 30, 1992
Bought by
Lerza John and Lerza Donna
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
Garcia Edy $132,000 None Listed On Document
Unipro Property Group Llc $30,000 Surety Title Company
Lerza John $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $132,000 -11.4% $75 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $149,000 -3.2% $84 / Sq Ft
01/31/2021 01/31/21 Price Changed $154,000 -3.1% $87 / Sq Ft
01/20/2021 01/20/21 Price Changed $159,000 -5.9% $90 / Sq Ft
12/29/2020 12/29/20 Price Changed $169,000 -3.4% $96 / Sq Ft
12/15/2020 12/15/20 Price Changed $174,900 -7.5% $99 / Sq Ft
11/10/2020 11/10/20 For Sale $189,000 -- $107 / 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 $7,317 $152,400 $36,500 $115,900
2024 $7,138 $152,400 $36,500 $115,900
2023 $7,138 $152,400 $36,500 $115,900
2022 $6,952 $152,400 $36,500 $115,900
2021 $6,885 $152,400 $36,500 $115,900
2020 $6,754 $152,400 $36,500 $115,900
2019 $6,626 $152,400 $36,500 $115,900
2018 $6,492 $152,400 $36,500 $115,900
2017 $6,303 $152,400 $36,500 $115,900
2016 $6,126 $152,400 $36,500 $115,900
2015 $5,915 $152,400 $36,500 $115,900
2014 $5,831 $152,400 $36,500 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Jack Yao

    Seller's Agent in 2021

    Jack Yao

    Realmart Realty, LLC

    (732) 727-2280

    1 in this area

    204 Total Sales

    Section Image
  • Carol Terrell

    Buyer's Agent in 2021

    Carol Terrell

    Keller Williams - Main Street

    (856) 534-4238

    4 in this area

    139 Total Sales

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Map

Source: Bright MLS

MLS Number: NJCD406978

Bright MLS

APN: 23-00005-05-00010

New Jersey Camden County Magnolia 08049

321 E Evesham Ave, Magnolia, NJ

This home is located at 321 E Evesham Ave, Magnolia, NJ 08049 since 10 November 2020 and is currently estimated at $287,140, approximately $162 per square foot. This property was built in 1900. 321 E Evesham Ave is a home located in Camden County with nearby schools including Magnolia Elementary School and Sterling High School.

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