328 W Peach St Vineland, NJ 08360
--
Bed
--
Bath
1,420
Sq Ft
0.25
Acres
Highlights
- Traditional Architecture
- Carpet
- Hot Water Baseboard Heater
About This Home
As of May 2025Cash Flow Heaven – 2 Duplexes on One Lot with Upside, Stability & Major Improvements!Incredible opportunity to own two duplexes on one parcel with just one property tax bill. Strong rents, reliable tenants, and major system upgrades make this a turnkey investment with real upside.See document attachments for full Return on Investment (ROI)Current ROI (with current NOI of $31,242.42): 41.66%Projected ROI (with projected NOI of $50,544.48): 67.39%As-is sale
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,457
Year Built
- Built in 1921
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 50.00 x 219.00
- Property is in good condition
Home Design
- 1,420 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Flat Roof Shape
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
Parking
- 8 Parking Spaces
- 8 Driveway Spaces
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Wall Furnace
- Hot Water Baseboard Heater
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- 2 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00015
- Assessor Parcel Number 14-02903-00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2018
Sold by
Bango Noel
Bought by
Schwartz Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,375
Outstanding Balance
$87,564
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,089
Purchase Details
Closed on
Nov 13, 2007
Sold by
Rivera Mernelle M
Bought by
Bango Noel
Purchase Details
Closed on
Mar 26, 2001
Sold by
Joseph Bernadette P
Bought by
Rivera Mernelle M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,300
Interest Rate
6.96%
Similar Homes in Vineland, NJ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $132,500 | -- | |
| Deed | $225,000 | -- | |
| Deed | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $99,375 | Purchase Money Mortgage | |
| Previous Owner | $89,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $424,000 | +13.1% | $299 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $375,000 | 0.0% | $264 / Sq Ft |
| 10/08/2013 10/08/13 | Rented | $750 | 0.0% | -- |
| 10/04/2013 10/04/13 | Under Contract | -- | -- | -- |
| 08/25/2013 08/25/13 | For Rent | $750 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $4,458 | $140,000 | $18,800 | $121,200 |
| 2023 | $4,428 | $140,000 | $18,800 | $121,200 |
| 2022 | $4,297 | $140,000 | $18,800 | $121,200 |
| 2021 | $4,218 | $140,000 | $18,800 | $121,200 |
| 2020 | $4,098 | $140,000 | $18,800 | $121,200 |
| 2019 | $4,042 | $140,000 | $18,800 | $121,200 |
| 2018 | $3,935 | $140,000 | $18,800 | $121,200 |
| 2017 | $3,738 | $140,000 | $18,800 | $121,200 |
| 2016 | $3,606 | $140,000 | $18,800 | $121,200 |
| 2015 | $3,473 | $140,000 | $18,800 | $121,200 |
| 2014 | $3,284 | $140,000 | $18,800 | $121,200 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Schwartz
Seller's Agent in 2025
Daniel Schwartz
Realty Mark Advantage
(609) 308-3724
2 Total Sales
-
Carlo Drogo
Buyer's Agent in 2025
Carlo Drogo
EXP Realty, LLC
(856) 692-4368
609 Total Sales
-
Grafton Davis
G
Seller's Agent in 2013
Grafton Davis
Global Elite Realty
(856) 304-4479
4 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2023548
APN: 14-02903-0000-00015
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