NOT LISTED FOR SALE

35 W Main St Penns Grove, NJ 08069

Estimated Value: $112,000 - $160,824

-- Bed
-- Bath
3,708 Sq Ft
$36/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $100,000 $27 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $909/month

35 Days on Market

About This Home

As of March 2024

FINAL OFFERS DUE MONDAY 2/12/24. Start building your investment portfolio with this four-plex property with tremendous rental income potential. The seller has completed plans for two -2 bed/1 bath units and two -3 bed/2 bath units ready for the new owner to utilize. This property is in need of a full rehab with estimated renovation costs of 150k HOWEVER think about the possibility of monthly combined rental income of $6,000-$7,000. Live in one unit and rent the other three, the choice is yours. Start the new year with this purchase then start building equity and invest in yourself with this fixer that can be your ticket to retirement. Cash offers only. Property sold As-Is with buyer to complete all due diligence. Buyer responsible for any required CO/inspections for ownership transfer.

Last Agent to Sell the Property

Yuki Potter

(856) 433-7315 yukirealtor@aol.com Real Broker, LLC License #1120061 Listed on: 01/13/2024

Real Broker, LLC

Last Buyer's Agent

Ryan Sykes

(609) 496-2394 sykesllc@yahoo.com RealtyMark Properties License #RS372513

RealtyMark Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1930

Lot Details

  • 9,808 Sq Ft Lot
  • Lot Dimensions are 50.30 x 195.00

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,708 Sq Ft Home
  • Partial Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 08-00047-00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,304

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-01-13
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: FINAL OFFERS DUE MONDAY 2/12/24. Start building your investment portfolio with this four-plex property with tremendous rental income potential. The seller has completed plans for two -2 bed/1 bath units and two -3 bed/2 bath units ready for the new owner to utilize. This property is in need of a full rehab with estimated renovation costs of 150k HOWEVER think about the possibility of monthly combined rental income of $6,000-$7,000. Live in one unit and rent the other three, the choice is yours. Start the new year with this purchase then start building equity and invest in yourself with this fixer that can be your ticket to retirement. Cash offers only. Property sold As-Is with buyer to complete all due diligence. Buyer responsible for any required CO/inspections for ownership transfer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3708
  • Living Area Sq Ft: 3708
  • Price Per Sq Ft: 24.00
  • Above Grade Finished Sq Ft: 3708
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.30 x 195.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9808.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2304.00
  • Assessor Parcel Number: 08-00047-00022
  • Tax Lot: 00022
  • Tax Total Finished Sq Ft: 3708
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/22/2024

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 21, 2024
Sold by
Aim High Marketing Llc
Bought by
Marshland Properties Llc
Seller's Agent
Yuki Potter
Real Broker, LLC
Buyer's Agent
Ryan Sykes
RealtyMark Properties
List Price
$89,000
Sold Price
$100,000
Premium/Discount to List
$11,000
12.36%
Views
135
Current Estimated Value
$132,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,706
Avg. Annual Appreciation
20.46%

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 31, 2021
Sold by
Air Homes Ii Llc
Bought by
Aim High Marketing Llc
Seller's Agent
Scott Kompa
EXP Realty, LLC
Buyer's Agent
Yuki Potter
Real Broker, LLC
List Price
$39,000
Sold Price
$25,000
Premium/Discount to List
-$14,000
-35.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.23%
Original Mortgage
$94,900
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2021
Sold by
Keystone Servicing Company Llc
Bought by
Air Homes Ii Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Ferrell Robert and Ferrell Tattersdill, T
Bought by
Ferrell Robert

Purchase Details

Closed on
Oct 14, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Ferrell Robert and Tattersdill Thomas

Purchase Details

Closed on
Jul 1, 2005
Sold by
Delabanque Marlon
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 25, 2003
Sold by
Hudson United Bank
Bought by
Delabanque Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2001
Sold by
Roesler Andrew R C and Roesler Leslie
Bought by
Hudson United Bank

Purchase Details

Closed on
Dec 10, 1997
Sold by
Jtv Properties
Bought by
Roesler Andrew R C
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
Marshland Properties Llc $100,000 Dominion Title Services
Aim High Marketing Llc $25,000 Brennan Title Abstract Llc
Air Homes Ii Llc $18,000 Brennan Title Abstract
Air Homes Ii Llc $18,000 Old Republic Title
Ferrell Robert $135,000 --
Ferrell Robert $74,000 --
Wells Fargo Bank Na -- --
Delabanque Marlon $69,900 Surety Title Corporation
Hudson United Bank $42,621 --
Roesler Andrew R C -- --
Roesler Andrew R C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aim High Marketing Llc $94,900
Previous Owner Delabanque Marlon $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $100,000 +12.4% $27 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $89,000 +256.0% $24 / Sq Ft
03/31/2021 03/31/21 Sold $25,000 -16.4% $7 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/26/2021 02/26/21 Price Changed $29,900 -23.3% $8 / Sq Ft
02/24/2021 02/24/21 Price Changed $39,000 +30.4% $11 / Sq Ft
02/24/2021 02/24/21 Price Changed $29,900 -23.3% $8 / Sq Ft
02/05/2021 02/05/21 For Sale $39,000 -- $11 / 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 $2,474 $44,600 $18,300 $26,300
2024 $2,391 $44,600 $18,300 $26,300
2023 $2,391 $44,600 $18,300 $26,300
2022 $2,304 $44,600 $18,300 $26,300
2021 $2,205 $44,600 $18,300 $26,300
2020 $6,186 $123,500 $18,300 $105,200
2019 $6,212 $123,500 $18,300 $105,200
2018 $6,152 $152,500 $26,300 $126,200
2017 $6,173 $152,500 $26,300 $126,200
2016 $5,940 $152,500 $26,300 $126,200
2015 $5,690 $152,500 $26,300 $126,200
2014 $5,627 $152,500 $26,300 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2009760

Bright MLS

APN: 08-00047-0000-00022