NOT LISTED FOR SALE

Estimated Value: $218,000 - $307,000

6 Beds
2 Baths
2,600 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $195,000 $75 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,727/month

244 Days on Market

About This Home

As of January 2024

Investors and Owner Occupants Take Notice!! Spacious Two Family with 3 Bedrooms and 1 Bath in each unit. Second floor has recently been updated and is currently not pictured. Large yard and plenty of off street parking. Close to area Colleges, major highways, Casino, and other local amenities!

Last Listed By

Adam Devine

Dorrance Realty LLC Listed on: 04/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1916

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Community Details

  • 2 Units
  • Net Operating Income $27,600

Listing and Financial Details

  • Total Actual Rent $2,300
  • Assessor Parcel Number S:05585 P:0043,2585820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,858

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1916
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2600
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6804
  • LIST PRICE PER Sq Ft: 86.5
  • PRICE PER Sq Ft: 75
  • MAIN SO: AN7274

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:05585 P:0043,2585820
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • PAGE: 395
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2858
  • Tax Book Number: 9165

Multi Family

  • Gross Income: 27600
  • Net Operating Income: 27600
  • Number Of Units Total: 2
  • Total Actual Rent: 2300
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jan 9, 2024
Sold by
Maynard David
Bought by
Alasmi Rama
Seller's Agent
Adam Devine
Dorrance Realty LLC
Buyer's Agent
Rula Baki
Berkshire Hathaway HomeServices Realty Professionals
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%
Total Days on Market
244
Views
391
Current Estimated Value
$262,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,942
Avg. Annual Appreciation
25.85%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Romeo Antonio P and Romeo Pasquale A
Bought by
Levine Frances M

Range of Values:

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Average Value
Not Available
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
Alasmi Rama $195,000 None Available
Levine Frances M $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maynard David $96,000
Previous Owner David $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $195,000 -13.3% $75 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $224,900 0.0% $87 / Sq Ft
11/15/2023 11/15/23 For Sale $224,900 0.0% $87 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $225,000 -4.2% $87 / Sq Ft
04/17/2023 04/17/23 For Sale $234,900 -- $90 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $3,225 $200,800 $30,000 $170,800
2023 $2,858 $167,600 $27,300 $140,300
2022 $3,203 $170,200 $25,500 $144,700
2021 $2,642 $139,800 $23,200 $116,600
2020 $2,527 $129,400 $23,200 $106,200
2019 $2,308 $117,300 $23,200 $94,100
2018 $2,064 $109,200 $23,200 $86,000
2017 $2,064 $105,000 $16,800 $88,200
2016 $1,813 $92,200 $16,800 $75,400
2015 $1,731 $88,000 $16,800 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73099639

MLS Property Information Network (MLS PIN)

APN: SPRI-005585-000000-000043