$198,000
SOLD AUG 12, 2016

360 Farnsworth Ave Bordentown, NJ 08505

-- Bed
-- Bath
2,688 Sq Ft
1,481 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

34% Below List Price

191 Days on Market

Highlights

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

About This Home

As of November 2018

Beautifully maintained & updated 3 story duplex with long term rental history. Updates include newer roof, newer windows & soffits, freshly painted exterior and separate utilities. Ground floor unit consists of a spacious living room, dining room, updated eat in kitchen, large outdoor patio and full basement. 2nd floor of the ground unit consists of 2 spacious bedrooms with ample closet space & a full bath. Top unit consists of a separate room on the second floor which could be used for an office or additional bedroom, 3rd floor of the top unit consists of a spacious living room, bedroom, recently updated full bath and a large updated eat in kitchen. Conveniently located near major roadways and the the River Line. Step out the front door and you are surrounded by wonderful restaurants and shops.

Last Agent to Sell the Property

Lori Wade

Weichert Realtors - Moorestown Listed on: 10/06/2015

Weichert Realtors - Moorestown

Last Buyer's Agent

Lori Wade

Weichert Realtors - Moorestown Listed on: 10/06/2015

Weichert Realtors - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,140

Year Built

  • Built in 1860

Lot Details

  • 1,481 Sq Ft Lot
  • Property is in good condition

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

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Utilities

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

Community Details

  • No Home Owners Association
  • Operating Expense $7,140

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,140

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
  • Storage: Basement
  • Year Built: 1860
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • 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: 92.63
  • 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
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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

  • 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 Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BORDENTOWN REGIONAL SCHOOL DISTRICT
  • School District Key: 300200396946

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1481.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7140.00
  • Assessor Parcel Number: 03-00703-00009
  • Tax Lot: 00009
  • Tax Year: 2015
  • Close Date: 08/12/2016

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%
Current Estimated Value
$485,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,068
Avg. Annual Appreciation
9.39%
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 Type Sale Price Title Company
Deed $260,000 Sterling Title Agency
Deed $198,000 Old Republic National Title
Bargain Sale Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Future Advance Clause Open End Mortgage
Previous Owner $194,413 FHA
Previous Owner $194,419 FHA
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: 1002714668

Bright MLS

APN: 03-00703-0000-00009