NOT LISTED FOR SALE

Estimated Value: $342,631 - $366,000

-- Bed
-- Bath
1,824 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $275,000 $151 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,470/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Bathtub with Shower
  • Wood Flooring
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2021

Amazing opportunity to invest in this lucrative market! Completely vacant Multi Family home in mint condition, you do not want to miss out on this one. 2 identical units that are move in ready. 3 Bedrooms, Large EIK, spacious Living Room, laundry hook up, separate utilities and more. 1st Unit has Central AC. 2nd unit with ceiling fans throughout. Each with carpeted Bedrooms and refreshing neutral tones. 2nd Floor unit has Hardwood flooring and an updated full bath. All of this on a premium corner lot with a massive backyard. Blue stone patio and storage shed, too! Driveway parking for 1-2 cars. Great location. This is a guaranteed money maker! Live in one while renting out the other, or rent out both for full maximum gain. This one is not going to last!

Last Listed By

Robert Dekanski

RE/MAX 1st Advantage Listed on: 09/17/2021

RE/MAX 1st Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 1,824 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Patio
  • Shed

Schools

  • Maple Shade Middle School
  • Maple Shade High School

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, trash collection
  • Tax Lot 00008
  • Assessor Parcel Number 19-00178-00008

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Operating Expense $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,019

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Belongings.
  • Home Warranty: No
  • Inclusions: Range Ovens. Refigerators
  • New Construction: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing opportunity to invest in this lucrative market! Completely vacant Multi Family home in mint condition, you do not want to miss out on this one. 2 identical units that are move in ready. 3 Bedrooms, Large EIK, spacious Living Room, laundry hook up, separate utilities and more. 1st Unit has Central AC. 2nd unit with ceiling fans throughout. Each with carpeted Bedrooms and refreshing neutral tones. 2nd Floor unit has Hardwood flooring and an updated full bath. All of this on a premium corner lot with a massive backyard. Blue stone patio and storage shed, too! Driveway parking for 1-2 cars. Great location. This is a guaranteed money maker! Live in one while renting out the other, or rent out both for full maximum gain. This one is not going to last!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Kitchen - Eat-In, Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Slab
  • Room Count: 10
  • Basement: No
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 332

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: No

Schools

  • School District: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS
  • Middle School: MAPLE SHADE
  • High School: MAPLE SHADE H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396959
  • School District Source: Listing Agent
  • High School: MAPLE SHADE H.S.
  • Middle Or Junior School: MAPLE SHADE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 128100.00
  • Land Assessed Value: 38900.00
  • Lot Features: Corner
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020

Rental Info

  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals
  • Operating Expense: 8000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1670558
  • Tax Annual Amount: 6019.00
  • Assessor Parcel Number: 19-00178-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1824
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/11/2021

MLS Schools

  • School District Name: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 10, 2021
Sold by
Herrmann Ronald James
Bought by
Nasim Mohammad
Seller's Agent
Robert Dekanski
RE/MAX 1st Advantage
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Total Days on Market
8
Current Estimated Value
$352,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,908
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Aug 26, 1996
Sold by
Heckmann Mary Ann
Bought by
Herrmann Ronald James

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
Nasim Mohammad $275,000 Surety Title Company
Herrmann Ronald James -- Imperial Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasim Mohammad $225,000
Previous Owner Herrmann Ronald James $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $275,000 -3.5% $151 / Sq Ft
11/02/2021 11/02/21 Price Changed $285,000 0.0% $156 / Sq Ft
11/02/2021 11/02/21 For Sale $285,000 +7.5% $156 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $265,000 -- $145 / 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
2024 $6,156 $167,000 $38,900 $128,100
2023 $6,156 $167,000 $38,900 $128,100
2022 $6,060 $167,000 $38,900 $128,100
2021 $6,002 $167,000 $38,900 $128,100
2020 $6,019 $167,000 $38,900 $128,100
2019 $5,798 $167,000 $38,900 $128,100
2018 $5,698 $167,000 $38,900 $128,100
2017 $5,631 $167,000 $38,900 $128,100
2016 $5,548 $167,000 $38,900 $128,100
2015 $5,428 $167,000 $38,900 $128,100
2014 $5,262 $167,000 $38,900 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2007478

Bright MLS

APN: 19-00178-0000-00008