NOT LISTED FOR SALE

360 Farnsworth Ave Bordentown, NJ 08505

Estimated Value: $400,572 - $528,000

-- Bed
-- Bath
2,688 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $260,000 $97 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,274/month

34 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-minute walk to West Street Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of November 2018

GOLD STAR PROPERTY just steps from "Restaurant Row" but far enough away for some peace and quiet, this 3-story beautifully renovated duplex is a rare opportunity to live in the heart of the City while generating additional rental income. The ground floor unit has been completely renovated and features all new flooring throughout the spacious, open floor plan which consists of a large living room, dining room and newly renovated kitchen with new cabinets, quartz countertops and all new stainless steel appliances. The upstairs has two ample bedrooms and large "spa-like" bathroom complete with ceramic wood tiles on floor and shower surround. Taking it outside, you will find a lovely patio off of the kitchen with pergola. The outdoor space also includes a large alleyway that adds to the entertainment space. The second unit includes a second floor landing with a large bedroom currently being used by tenant as a storage room and just outside the door is a lovely alcove. Heading to the top floor, you will find a spacious one-bedroom apartment with living room and very large eat-in-kitchen. The building features highly efficient systems including furnace, updated water heater and central air throughout. Includes a one year home warranty for added buyer peace of mind.

Last Agent to Sell the Property

Marina Echavarria

Coldwell Banker Residential Brokerage - Princeton License #RS359692 Listed on: 09/15/2018

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Peggy House

BHHS Fox & Roach - Robbinsville

BHHS Fox & Roach - Robbinsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1860

Lot Details

  • 1,481 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,688 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Schools

  • Clara Barton Elementary School
  • Bordentown Regional Middle School
  • Bordentown Regional High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 03-00703-00009

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,411
  • Operating Expense $10,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,039

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1860
  • Remarks Public: GOLD STAR PROPERTY just steps from "Restaurant Row" but far enough away for some peace and quiet, this 3-story beautifully renovated duplex is a rare opportunity to live in the heart of the City while generating additional rental income. The ground floor unit has been completely renovated and features all new flooring throughout the spacious, open floor plan which consists of a large living room, dining room and newly renovated kitchen with new cabinets, quartz countertops and all new stainless steel appliances. The upstairs has two ample bedrooms and large "spa-like" bathroom complete with ceramic wood tiles on floor and shower surround. Taking it outside, you will find a lovely patio off of the kitchen with pergola. The outdoor space also includes a large alleyway that adds to the entertainment space. The second unit includes a second floor landing with a large bedroom currently being used by tenant as a storage room and just outside the door is a lovely alcove. Heading to the top floor, you will find a spacious one-bedroom apartment with living room and very large eat-in-kitchen. The building features highly efficient systems including furnace, updated water heater and central air throughout. Includes a one year home warranty for added buyer peace of mind.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 111.61
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 360

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 1184.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 680.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BORDENTOWN REGIONAL SCHOOL DISTRICT
  • Elementary School: CLARA BARTON
  • Middle School: BORDENTOWN REGIONAL
  • High School: BORDENTOWN REGIONAL
  • School District Key: 300200396946
  • Elementary School: CLARA BARTON
  • High School: BORDENTOWN REGIONAL
  • Middle Or Junior School: BORDENTOWN REGIONAL

Lot Info

  • Improvement Assessed Value: 153700.00
  • Land Assessed Value: 55600.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1481.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1598136
  • Tax Annual Amount: 7039.00
  • Assessor Parcel Number: 03-00703-00009
  • Tax Lot: 00009
  • Tax Year: 2017
  • Close Date: 11/30/2018

MLS Schools

  • School District Name: BORDENTOWN REGIONAL SCHOOL DISTRICT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Nov 30, 2018
Sold by
Mccloskey Timothy J and Mccloskey Jamie L
Bought by
360 Farnsworth Avenue Llc
Seller's Agent
Marina Echavarria
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Peggy House
BHHS Fox & Roach - Robbinsville
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%
Total Days on Market
34
Current Estimated Value
$473,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,393
Avg. Annual Appreciation
9.64%
Original Mortgage
$160,000
Outstanding Balance
$142,325
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$331,068

Purchase Details

Listed on
Oct 6, 2015
Closed on
Aug 12, 2016
Sold by
360 Farnsworth Ave Llc
Bought by
Mcloskey Timothy J and Mcloskey Jamie L
Seller's Agent
Lori Wade
Weichert Realtors - Moorestown
Buyer's Agent
Lori Wade
Weichert Realtors - Moorestown
List Price
$299,900
Sold Price
$198,000
Premium/Discount to List
-$101,900
-33.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$194,413
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2006
Sold by
Brodtman Karl J and Brodtman Mary A
Bought by
360 Farnsworth Ave Llc
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
360 Farnsworth Avenue Llc $260,000 Sterling Title Agency
Mcloskey Timothy J $198,000 Old Republic National Title
360 Farnsworth Ave Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 360 Farnsworth Avenue Llc $160,000
Previous Owner Mcloskey Timothy J $194,413
Previous Owner Mccloskey Timothy J $194,419
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $260,000 -13.3% $97 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $300,000 -7.7% $112 / Sq Ft
09/15/2018 09/15/18 For Sale $325,000 +64.1% $121 / Sq Ft
08/12/2016 08/12/16 Sold $198,000 -34.0% $74 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $299,900 -- $112 / 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 $7,390 $209,300 $55,600 $153,700
2023 $7,390 $209,300 $55,600 $153,700
2022 $7,135 $209,300 $55,600 $153,700
2021 $7,221 $209,300 $55,600 $153,700
2020 $7,275 $209,300 $55,600 $153,700
2019 $7,359 $209,300 $55,600 $153,700
2018 $7,250 $209,300 $55,600 $153,700
2017 $7,039 $209,300 $55,600 $153,700
2016 $7,192 $215,900 $55,600 $160,300
2015 $7,140 $215,900 $55,600 $160,300
2014 $6,799 $215,900 $55,600 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004251494

Bright MLS

APN: 03-00703-0000-00009