NOT LISTED FOR SALE

3501 Oak Rd Vineland, NJ 08360

Estimated Value: $326,000 - $395,000

-- Bed
-- Bath
2,224 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $287,000 $129 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,754/month

128 Days on Market

Highlights

  • 2 Acre Lot
  • Cape Cod Architecture
  • Central Heating and Cooling System

About This Home

As of February 2024

Welcome to this stunning duplex located in the highly sought-after neighborhood of Buena Vista. Boasting an impressive 2,224 square feet of living space, and 2 acres! this home offers ample room for comfortable living. The property has been thoughtfully updated with newer windows and a newer roof, ensuring both energy efficiency and aesthetic appeal. Enjoy the convenience of central air conditioning, providing a cool oasis during warmer months. Natural gas heating adds to the efficiency and reliability of this residence. Situated in a prime location, this duplex offers easy access to nearby amenities, including shopping centers, restaurants, and entertainment options. With its desirable features and enviable location, this Buena Vista duplex presents an exceptional opportunity for those seeking a modern and convenient lifestyle.

This Duplex shares a well system with commercial listing/property 3495 Oak road, if purchased separate the buyer will have to install two well systems per unit according to zoning.

This is an AS IS sale, Buyer is responsible for any and all certification required by township, as Listing agent I am more than happy to help the buyers agent and their client during this process!

The current tenants are paying $1150 per month, one side is month to month lease, the other side expires 12/23 - At current rent rates this will provide you with a cash flowing asset

Last Agent to Sell the Property

Marc Meneghetti

(609) 501-3247 marc.meneghetti@gmail.com Keller Williams Prime Realty License #2185848 Listed on: 09/20/2023

Keller Williams Prime Realty

Last Buyer's Agent

Michael DePalma

(609) 501-4162 michael.depalma4@gmail.com DePalma Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,053

Year Built

  • Built in 1993

Lot Details

  • 2 Acre Lot

Parking

  • Driveway

Home Design

  • 2,224 Sq Ft Home
  • Duplex
  • Cape Cod Architecture

Utilities

  • Central Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 00010 01
  • Assessor Parcel Number 05-07501-00010 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,053

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2224
  • Living Area Sq Ft: 2224
  • Price Per Sq Ft: 157.37
  • Above Grade Finished Sq Ft: 2224
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Unknown
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: RA

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9053.00
  • Assessor Parcel Number: 05-07501-00010 01
  • Tax Lot: 00010 01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BUENA REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Feb 12, 2024
Sold by
Copley Michael E and Copley Lisa A
Bought by
Gateway Gardens Inc
Seller's Agent
Marc Meneghetti
Keller Williams Prime Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$349,999
Sold Price
$287,000
Premium/Discount to List
-$62,999
-18%
Views
116
Current Estimated Value
$374,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,560
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Covella Gerald N and Covella Deanne L
Bought by
Copley Michael E and Copley Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Interest Rate
6.43%
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
Gateway Gardens Inc $287,000 Beacon Title Services
Copley Michael E $802,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Copley Michael E $802,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $287,000 -18.0% $129 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $349,999 0.0% $157 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $349,999 -- $157 / 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 $9,410 $302,100 $84,000 $218,100
2024 $9,410 $302,100 $84,000 $218,100
2023 $9,054 $302,100 $84,000 $218,100
2022 $9,054 $302,100 $84,000 $218,100
2021 $8,873 $302,100 $84,000 $218,100
2020 $8,583 $302,100 $84,000 $218,100
2019 $8,244 $302,100 $84,000 $218,100
2018 $8,166 $302,100 $84,000 $218,100
2017 $8,093 $302,100 $84,000 $218,100
2016 $7,833 $302,100 $84,000 $218,100
2015 $7,685 $302,100 $84,000 $218,100
2014 $7,652 $296,800 $84,000 $212,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2009796

Bright MLS

APN: 05-07501-0000-00010-01