NOT LISTED FOR SALE

329 N Burlington St Gloucester City, NJ 08030

Estimated Value: $184,000 - $274,000

-- Bed
-- Bath
1,842 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $130,000 $71 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,777/month

45 Days on Market

About This Home

As of August 2018

Fantastic opportunity to own a completely remodeled triplex in the heart of Gloucester City with great tenants already in place! This one is a money maker, grossing over $25k when fully occupied. Almost everything was redone 8 years ago....roof, bathrooms, kitchens, windows, siding, electric and more. Steps away from public transportation, this one will always be occupied and would make a great addition to your portfolio. Call today to make your appointment!

Last Agent to Sell the Property

Kevin Ciccone

(856) 371-2311 kevinciccone1@gmail.com Real Broker, LLC License #rs329768 Listed on: 05/25/2018

Real Broker, LLC

Last Buyer's Agent

William B. Spinner

(855) 450-0442 william.spinner@gardenrealtyco.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 22x160

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 1,842 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,844

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 14-00012-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1842
  • Living Area Sq Ft: 1842
  • Price Per Sq Ft: 81.38
  • Above Grade Finished Sq Ft: 1842
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 87900.00
  • Land Assessed Value: 26600.00
  • Lot Dimensions: 22X160
  • Lot Size Units: Square Feet
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1851010
  • Tax Annual Amount: 4844.00
  • Assessor Parcel Number: 14-00012-00014
  • Tax Lot: 00014
  • Tax Year: 2017

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Sep 20, 2018
Sold by
Knapp Thomas
Bought by
Bal Dawn
Seller's Agent
Kevin Ciccone
Real Broker, LLC
Buyer's Agent
William B. Spinner
Real Broker, LLC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Current Estimated Value
$246,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,458
Avg. Annual Appreciation
9.17%
Original Mortgage
$127,645
Outstanding Balance
$111,085
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$135,373

Purchase Details

Closed on
Mar 23, 2012
Sold by
Good Neighbor Rei Llc
Bought by
Knapp Thomas

Purchase Details

Closed on
Feb 10, 2011
Sold by
Borchers Keith
Bought by
Good Neighbor Rei Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Allen George
Bought by
Borchers Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2004
Sold by
P & C Prop Llc
Bought by
Allen George and Allen Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Chabot Beau W
Bought by
P & C Prop

Purchase Details

Closed on
Sep 8, 2000
Sold by
Watson Patricia A
Bought by
Chabot Beau W and Chabot Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
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
Bal Dawn $130,000 Surety Title Co
Knapp Thomas -- --
Good Neighbor Rei Llc $35,000 --
Borchers Keith $155,000 --
Allen George $104,000 --
P & C Prop $80,000 --
Chabot Beau W $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bal Dawn $127,645
Previous Owner Borchers Keith $139,500
Previous Owner Allen George $88,400
Previous Owner Chabot Beau W $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $130,000 -13.3% $71 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $149,900 -- $81 / 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 $5,740 $114,500 $26,600 $87,900
2024 $5,730 $114,500 $26,600 $87,900
2023 $5,730 $114,500 $26,600 $87,900
2022 $5,387 $114,500 $26,600 $87,900
2021 $5,333 $114,500 $26,600 $87,900
2020 $5,150 $114,500 $26,600 $87,900
2019 $5,045 $114,500 $26,600 $87,900
2018 $4,946 $114,500 $26,600 $87,900
2017 $4,845 $114,500 $26,600 $87,900
2016 $4,661 $114,500 $26,600 $87,900
2015 $4,198 $114,500 $26,600 $87,900
2014 $4,150 $79,100 $21,400 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001819368

Bright MLS

APN: 14-00012-0000-00014