NOT LISTED FOR SALE

323 E Broad St Burlington, NJ 08016

Estimated Value: $268,439 - $277,000

Studio
-- Bath
2,142 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $99,000 $46 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,944/month

98 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Baseboard Heater
  • 4-minute walk to Clarkson Playground
  • No HOA

About This Home

As of July 2020

3 story duplex in downtown Burlington.2nd floor and 3rd has been finished into 1 unit and has 2brs a kitchen with a stackable washer and dryer.The 1st floor needs to be finished.There are separate electric meters separate gas and separate water meters,there are 2 boilers,2 electric panels and 2 hot water heaters.Front porch and rear yard.

Last Agent to Sell the Property

Michael Solomon

(215) 421-2121 michaelsolomon2@gmail.com Realty Mark Central, LLC Listed on: 03/05/2020

Realty Mark Central, LLC

Last Buyer's Agent

Jeffrey Cofsky

(423) 715-4657 jeffreycofsky@gmail.com RE/MAX Preferred - Cherry Hill License #1539766

RE/MAX Preferred - Cherry Hill

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,730 Sq Ft Lot
  • Lot Dimensions are 21.00 x 130.00

Parking

  • On-Street Parking

Home Design

  • 2,142 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 05-00130-00023

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2142
  • Living Area Sq Ft: 2142
  • Price Per Sq Ft: 53.69
  • Above Grade Finished Sq Ft: 2142
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 121500.00
  • Land Assessed Value: 25900.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 21.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2730.00
  • Zoning: OS-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1604903
  • Tax Annual Amount: 5620.00
  • Assessor Parcel Number: 05-00130-00023
  • Tax Lot: 00023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Aug 5, 2020
Sold by
Jeca Partners Llc
Bought by
King Estates Llc
Seller's Agent
Michael Solomon
Realty Mark Central, LLC
Buyer's Agent
Jeffrey Cofsky
RE/MAX Preferred - Cherry Hill
List Price
$115,000
Sold Price
$99,000
Premium/Discount to List
-$16,000
-13.91%
Current Estimated Value
$271,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,860
Avg. Annual Appreciation
19.88%
Original Mortgage
$83,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2016
Sold by
Investors Bank
Bought by
Jeca Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%

Purchase Details

Closed on
May 28, 2013
Sold by
Matarese Scott and Matarese Donna
Bought by
Roma Bank

Purchase Details

Closed on
Jun 18, 2003
Sold by
Fitzgerald Joseph E
Bought by
Matarese Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
King Estates Llc $99,700 Core Title
Jeca Partners Llc $60,000 --
Roma Bank -- None Available
Matarese Scott $12,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed King Estates Llc $83,000
Previous Owner Jeca Partners Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $99,000 -13.9% $46 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $115,000 0.0% $54 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $115,000 -- $54 / 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 $6,382 $147,400 $25,900 $121,500
2024 $6,270 $147,400 $25,900 $121,500
2023 $6,270 $147,400 $25,900 $121,500
2022 $6,201 $147,400 $25,900 $121,500
2021 $6,111 $147,400 $25,900 $121,500
2020 $5,893 $147,400 $25,900 $121,500
2019 $5,620 $147,400 $25,900 $121,500
2018 $5,525 $147,400 $25,900 $121,500
2017 $5,355 $147,400 $25,900 $121,500
2016 $5,153 $147,400 $25,900 $121,500
2015 $4,969 $147,400 $25,900 $121,500
2014 $4,805 $147,400 $25,900 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Solomon

    Seller's Agent in 2020

    Michael Solomon

    Realty Mark Central, LLC

    (215) 421-2121

    62 Total Sales

    Michael Solomon
    Section Image
  • Jeffrey Cofsky

    Buyer's Agent in 2020

    Jeffrey Cofsky

    RE/MAX

    (423) 715-4657

    79 Total Sales

    Jeffrey Cofsky
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL368662

Bright MLS

APN: 05-00130-0000-00023

New Jersey Burlington County Burlington 08016

323 E Broad St, Burlington, NJ

Not Listed for Sale

MultiFamily

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