NOT LISTED FOR SALE

35 Walnut St Penns Grove, NJ 08069

Estimated Value: $176,000 - $292,000

-- Bed
-- Bath
3,340 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $65,000 $19 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $1,792/month

284 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of March 2016

INVESTMENT PROPERTY - This one could pay for itself! Triplex includes two units upstairs with 2 BR/1 BA each. Extra-large unit downstairs features 6 BRs & 1 BA. Newer amenities include: doors, flooring, heaters, hot water heaters. All units are currently tenant occupied. Unit 2 tenant is HUD approved. Parking lot - plenty of off street parking available. Convenient to shopping, public transportation and local highways. Lower Taxes. (While you're at it, show 12 Walnut Street in Penns Grove!) INVESTOR'S ALERT: Multiple properties listed - packages available for you!!

Last Agent to Sell the Property

Michael DeFillippis

OMNI Real Estate Professionals Listed on: 05/28/2015

OMNI Real Estate Professionals

Last Buyer's Agent

Michael DeFillippis

OMNI Real Estate Professionals Listed on: 05/28/2015

OMNI Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,355 Sq Ft Lot
  • Lot Dimensions are 27x124

Parking

  • 5 Open Parking Spaces

Home Design

  • 3,340 Sq Ft Home
  • Triplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,604

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 08-00068-00017

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: INVESTMENT PROPERTY - This one could pay for itself! Triplex includes two units upstairs with 2 BR/1 BA each. Extra-large unit downstairs features 6 BRs & 1 BA. Newer amenities include: doors, flooring, heaters, hot water heaters. All units are currently tenant occupied. Unit 2 tenant is HUD approved. Parking lot - plenty of off street parking available. Convenient to shopping, public transportation and local highways. Lower Taxes. (While you're at it, show 12 Walnut Street in Penns Grove!) INVESTOR'S ALERT: Multiple properties listed - packages available for you!!
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 3340
  • Living Area Sq Ft: 3340
  • Price Per Sq Ft: 29.91
  • Above Grade Finished Sq Ft: 3340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 105500.00
  • Land Assessed Value: 17900.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27X124
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3355.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2200247
  • Tax Annual Amount: 4604.00
  • Assessor Parcel Number: 08-00068-00017
  • Tax Lot: 00017
  • Tax Year: 2015
  • Close Date: 03/25/2016

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Kontz Joseph E
Bought by
Wu Home Remodeling Llc
Current Estimated Value
$247,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$217,000
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$28,967

Purchase Details

Listed on
May 28, 2015
Closed on
Mar 29, 2016
Sold by
Felcol 35 Walnut Llc
Bought by
Kontz Joseph E
Seller's Agent
Michael DeFillippis
OMNI Real Estate Professionals
Buyer's Agent
Michael DeFillippis
OMNI Real Estate Professionals
List Price
$99,900
Sold Price
$65,000
Premium/Discount to List
-$34,900
-34.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Stewart William L
Bought by
Ferrell Robert and Ferrell Colosi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2006
Sold by
Bk Realty Solutions Llc
Bought by
Stewart Wililam L and Stewart Jill H

Purchase Details

Closed on
Apr 12, 2004
Sold by
Stewart William L and Stewart Jill H
Bought by
Adelmann Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,400
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2001
Sold by
United Companies Lending Corp
Bought by
Stewart William and Stewart Jill

Purchase Details

Closed on
Apr 7, 2000
Sold by
Brown Timothy L
Bought by
United Companies Lending Corp

Purchase Details

Closed on
Jul 10, 1997
Sold by
Brown Mary E
Bought by
Brown Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.93%
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
Wu Home Remodeling Llc $122,000 Sjs Title
Wu Home Remodeling Llc $122,000 Sjs Title
Kontz Joseph E $65,000 Attorney
Ferrell Robert $135,000 --
Stewart Wililam L -- Salem Oak Title Agency Inc
Adelmann Daniel P $178,600 Salem Oak Title Agency Inc
Stewart William $22,500 --
United Companies Lending Corp -- --
Brown Timothy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Home Remodeling Llc $217,000
Closed Wu Home Remodeling Llc $217,000
Previous Owner Ferrell Robert $135,000
Previous Owner Adelmann Daniel P $480,400
Previous Owner Brown Timothy L $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $65,000 -34.9% $19 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
05/28/2015 05/28/15 For Sale $99,900 -- $30 / 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 $5,296 $98,800 $9,900 $88,900
2023 $5,296 $98,800 $9,900 $88,900
2022 $5,105 $98,800 $9,900 $88,900
2021 $4,885 $98,800 $9,900 $88,900
2020 $4,949 $98,800 $9,900 $88,900
2019 $4,970 $98,800 $9,900 $88,900
2018 $4,978 $123,400 $17,900 $105,500
2017 $4,995 $123,400 $17,900 $105,500
2016 $4,806 $123,400 $17,900 $105,500
2015 $4,604 $123,400 $17,900 $105,500
2014 $4,553 $123,400 $17,900 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002613122

Bright MLS

APN: 08-00068-0000-00017