NOT LISTED FOR SALE

37 W Main St Wrightstown, NJ 08562

Estimated Value: $202,497 - $319,000

Studio
-- Bath
1,408 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $135,000 $96 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,613/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2021

Duplex that has top floor 2 bedroom unit that rents for $1000 per month and 1st floor unit that rents for $1000 per month. One tenant is month to month but would gladly sign an extension and the other tenant is under lease until June but would also sign an extension. Propane heat on both floors and washer dryer on both floors. First floor unit has propane appliances and heat, eat in kitchen, living room, bedroom and bathroom. . 2nd floor has side entrance , living room/dining room combo, 2 bedrooms and one bath. Basement for heater and hot water heater and storage.

Last Agent to Sell the Property

James Borst

(856) 296-8765 jamesborst596@yahoo.com Pat McKenna Realtors Listed on: 01/08/2021

Last Buyer's Agent

James Borst

(856) 296-8765 jamesborst596@yahoo.com Pat McKenna Realtors Listed on: 01/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 49.00 x 264.00

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,408 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Listing and Financial Details

  • The owner pays for water, trash collection, insurance, miscellaneous
  • Tax Lot 00013
  • Assessor Parcel Number 40-00302-00013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,100
  • Net Operating Income $11,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1408
  • Living Area Sq Ft: 1408
  • Price Per Sq Ft: 92.26
  • Above Grade Finished Sq Ft: 1408
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87300.00
  • Land Assessed Value: 24000.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 49.00 x 264.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12936.00
  • Zoning: RES

Rental Info

  • Owner Pays: Water, Trash Collection, Insurance, Miscellaneous
  • Total Actual Rent: 24000.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 24000.00
  • Operating Expense: 12100.00

Tax Info

  • Assessor Parcel Number: 3847269
  • Tax Annual Amount: 3276.00
  • Assessor Parcel Number: 40-00302-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: NEW HANOVER TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 23, 2021
Sold by
Philbrick Allen and Philbrick Diane
Bought by
Roy Amit
Seller's Agent
James Borst
Pat McKenna Realtors
Buyer's Agent
James Borst
Pat McKenna Realtors
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$245,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,374
Avg. Annual Appreciation
12.88%
Original Mortgage
$89,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Carroll Steven E and Friberg Robert
Bought by
Philbrick Christopher and Philbrick Allen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,350
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,512
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2005
Sold by
Mcguirl Vincent and Mcguirl Dina
Bought by
Leonardo Manuel and Ricart Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 2005
Sold by
Sargeant Harold W and Sargeant Irene K
Bought by
Mgguiri Vincent H and Mcguiri Dina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2002
Sold by
Sargeant Harold W and Sargeant Irene K
Bought by
Mcguirl Vincent H and Mcguirl Dina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,350
Interest Rate
6.55%

Purchase Details

Closed on
Nov 7, 1996
Sold by
Sargeant Harold W
Bought by
Sargeant Harold W and Sargeant Irene K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roy Amit $119,000 National Title Agency
Roy Amit $119,000 National Title Agency
Philbrick Christopher $97,800 Foundation Title
-- $190,000 --
Leonardo Manuel $135,000 Madison Title Agency
Mgguiri Vincent H -- Madison Title Agency
Mcguirl Vincent H $87,500 New Jersey Title Insurance C
Sargeant Harold W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roy Amit $89,250
Previous Owner Philbrick Christopher $73,350
Previous Owner -- $192,512
Previous Owner Leonardo Manuel $13,500
Previous Owner Mcguirl Vincent H $74,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $135,000 +3.9% $96 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $129,900 -3.8% $92 / Sq Ft
01/11/2021 01/11/21 Off Market $135,000 -- --
01/08/2021 01/08/21 For Sale $129,900 -- $92 / 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 $4,069 $111,300 $24,000 $87,300
2024 $3,655 $111,300 $24,000 $87,300
2023 $3,655 $111,300 $24,000 $87,300
2022 $3,337 $111,300 $24,000 $87,300
2021 $3,235 $111,300 $24,000 $87,300
2020 $3,276 $111,300 $24,000 $87,300
2019 $3,242 $111,300 $24,000 $87,300
2018 $3,092 $111,300 $24,000 $87,300
2017 $2,775 $111,300 $24,000 $87,300
2016 $3,154 $84,150 $19,050 $65,100
2015 $3,092 $84,150 $19,050 $65,100
2014 $3,310 $84,150 $19,050 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL389384

Bright MLS

APN: 40-00302-0000-00013