NOT LISTED FOR SALE

33 S Sussex St Gloucester City, NJ 08030

Estimated Value: $191,000 - $217,000

-- Bed
-- Bath
1,280 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $130,000 $102 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,460/month

65 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2020

Turnkey Cash flow investor alert! This duplex can provide stable income for any investor or house hacker. The upstairs unit was renovated in 2020 with a nice tiled bathroom, new paint and vinyl flooring perfect for a rental property. Both units are fully rented with stable and consistent rental history. Unit 1 rents for $750, Unit 2 rents for $850.

Last Agent to Sell the Property

Ryan Fagan

Ardhi Real Estate, LLC License #1431900 Listed on: 07/22/2020

Last Buyer's Agent

Craig Roloff

RE/MAX Of Cherry Hill License #9480662

RE/MAX Of Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1900

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 20.00 x 80.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,280 Sq Ft Home
  • Basement
  • Exterior Basement Entry

Schools

  • Cold Springs Elementary School
  • Gloucester City Junior Senior High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water
  • Tax Lot 00004
  • Assessor Parcel Number 14-00056-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,594

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 1280
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 109.38
  • Above Grade Finished Sq Ft: 1280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 33

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • 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: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • Elementary School: COLD SPRINGS SCHOOL
  • High School: GLOUCESTER CITY JUNIOR SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396970
  • School District Source: 3rd Party
  • Elementary School: COLD SPRINGS SCHOOL
  • High School: GLOUCESTER CITY JUNIOR SENIOR

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 3594.00
  • Assessor Parcel Number: 14-00056-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1280
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/17/2020

Multi Family

  • Vacancy Allowance Rate: 3.00

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Dec 17, 2020
Sold by
Spartanreal Estate Investment Group Llc
Bought by
Leuzzi Dominick and Leuzzi Dominick
Seller's Agent
Ryan Fagan
Ardhi Real Estate, LLC
Buyer's Agent
Craig Roloff
RE/MAX Of Cherry Hill
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$206,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,712
Avg. Annual Appreciation
10.32%
Original Mortgage
$123,717
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2017
Closed on
Feb 6, 2018
Sold by
Bildner Ira
Bought by
Spartan Real Estate Investments Group Ll
Seller's Agent
Maureen Festinger
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Ryan Fagan
Ardhi Real Estate, LLC
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$52,800
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 30, 2012
Closed on
Sep 26, 2013
Sold by
Crescenti Richard and Shriver Steven
Bought by
Bildner Ira
Seller's Agent
Kurt Guenther
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Kurt Guenther
BHHS Fox & Roach - Haddonfield
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
May 11, 2006
Sold by
Anderson Michael
Bought by
Crescenti Richard and Shriver Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,050
Interest Rate
6.55%

Purchase Details

Closed on
Dec 2, 2004
Sold by
Reasonable Hms Llc
Bought by
Anderson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.73%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Guenther Durt Gutwein
Bought by
Reasonable Homes Llc

Purchase Details

Closed on
Sep 15, 2002
Sold by
Mitchell Michael W
Bought by
Guenther Kurt Gutwein and Guenther Elizabeth Gutwein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,310
Interest Rate
6.07%
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
Leuzzi Dominick $130,000 Federation Title Agency Inc
Spartan Real Estate Investments Group Ll $88,000 None Available
Bildner Ira $66,000 None Available
Crescenti Richard $122,050 --
Anderson Michael $85,000 --
Reasonable Homes Llc -- --
Guenther Kurt Gutwein $45,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leuzzi Dominick $123,717
Previous Owner Spartan Real Estate Investments Group Ll $52,800
Previous Owner Crescenti Richard $122,050
Previous Owner Anderson Michael $76,500
Previous Owner Guenther Kurt Gutwein $41,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $130,000 -7.1% $102 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $140,000 0.0% $109 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $140,000 +59.1% $109 / Sq Ft
01/31/2018 01/31/18 Sold $88,000 -11.1% $69 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $99,000 +52.3% $77 / Sq Ft
09/26/2013 09/26/13 Sold $65,000 -18.6% $51 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $79,900 -- $62 / 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 $4,005 $79,900 $17,400 $62,500
2024 $3,998 $79,900 $17,400 $62,500
2023 $3,998 $79,900 $17,400 $62,500
2022 $3,759 $79,900 $17,400 $62,500
2021 $3,722 $79,900 $17,400 $62,500
2020 $3,383 $75,200 $17,400 $57,800
2019 $3,313 $75,200 $17,400 $57,800
2018 $3,249 $75,200 $17,400 $57,800
2017 $3,182 $75,200 $17,400 $57,800
2016 $3,061 $75,200 $17,400 $57,800
2015 $2,757 $75,200 $17,400 $57,800
2014 $2,445 $46,600 $11,000 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD398508

Bright MLS

APN: 14-00056-0000-00004