NOT LISTED FOR SALE

394 S Broadway Pennsville, NJ 08070

Estimated Value: $223,000 - $367,000

3 Beds
2.5 Baths
3,100 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $80,256 $26 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $2,398/month

Highlights

  • 1.25 Acre Lot
  • No HOA
  • 2 Car Direct Access Garage
  • Rambler Architecture
  • Formal Dining Room
  • Porch

About This Home

As of February 2020

Commercial/Residential property, great set up for professional office and home. Remarkable 3 bed, 2.5 bath home on a 1.25-acre lot in Pennsville. The spacious interior features a living room, family room with brick fireplace, formal dining room, more built-in cabinets in the house & 2 car attached garage! The roomy eat-in kitchen has built-in cabinets, double sink & appliances! Nice windows all over the house that letting natural light and the sun in! Sliding doors to brick fence backyard! Don't miss out! Outstanding potential! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO and certifications. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. All room dimensions are approximate & need to be verified by buyer.

Last Agent to Sell the Property

Robert Cuccinello

(973) 939-0010 robert@atbnj.com Homes and Land Brokers Inc License #9695329 Listed on: 04/12/2019

Last Buyer's Agent

Jan Elwell

(856) 498-4492 jan@elwellgroup.com RE/MAX Preferred - Vineland License #RS362783

RE/MAX Preferred - Vineland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 1.25 Acre Lot
  • Property is zoned 02

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Recessed Lighting
  • Brick Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 09-04004-00001

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1958
  • Remarks Public: Commercial/Residential property, great set up for professional office and home. Remarkable 3 bed, 2.5 bath home on a 1.25-acre lot in Pennsville. The spacious interior features a living room, family room with brick fireplace, formal dining room, more built-in cabinets in the house & 2 car attached garage! The roomy eat-in kitchen has built-in cabinets, double sink & appliances! Nice windows all over the house that letting natural light and the sun in! Sliding doors to brick fence backyard! Don't miss out! Outstanding potential! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO and certifications. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. All room dimensions are approximate & need to be verified by buyer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Refrigerator
  • Flooring Type: Carpet, Fully Carpeted, Ceramic Tile
  • Interior Amenities: Built-Ins, Carpet, Dining Area, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting
  • Fireplace Features: Brick
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 8
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 29.03
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 394

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Bbq Grill
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Senior Community: No

Schools

  • School District: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396394
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 246400.00
  • Land Assessed Value: 50700.00
  • Lot Size Acres: 1.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54450.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: 02

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2206089
  • Tax Annual Amount: 12205.00
  • Assessor Parcel Number: 09-04004-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 3100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/26/2020

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jan 30, 2020
Sold by
First Citizens Bank & Trust Company
Bought by
Gibson Kendon
Seller's Agent
Robert Cuccinello
Homes and Land Brokers Inc
Buyer's Agent
Jan Elwell
RE/MAX Preferred - Vineland
List Price
$93,993
Sold Price
$80,256
Premium/Discount to List
-$13,737
-14.61%
Current Estimated Value
$323,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,693
Avg. Annual Appreciation
27.90%

Purchase Details

Closed on
Jan 9, 2018
Sold by
Miller Charles M
Bought by
First Citizens B&T Co

Purchase Details

Closed on
Nov 24, 2017
Sold by
Miller Charles M
Bought by
First Citizens B&T Co

Purchase Details

Closed on
Mar 19, 1999
Sold by
Strong Joan C
Bought by
Garbini Jonathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.74%

Purchase Details

Closed on
Mar 17, 1997
Sold by
Strong Joan C and Cordrey John B
Bought by
Strong Joan C

Purchase Details

Closed on
Jan 30, 1997
Sold by
Cordrey Doris B
Bought by
Strong Joan C
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
Gibson Kendon $80,256 Dominion Title Services
First Citizens B&T Co -- --
First Citizens B&T Co -- --
Garbini Jonathan J $163,000 West Jersey Title Agency
Strong Joan C -- --
Strong Joan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garbini Jonathan J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $80,256 -10.8% $26 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $89,993 -4.3% $29 / Sq Ft
10/07/2019 10/07/19 For Sale $93,993 0.0% $30 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $93,993 -6.0% $30 / Sq Ft
04/12/2019 04/12/19 For Sale $99,993 -- $32 / 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 $8,325 $188,000 $50,700 $137,300
2024 $8,015 $163,300 $50,700 $112,600
2023 $8,015 $163,300 $50,700 $112,600
2022 $7,763 $163,300 $50,700 $112,600
2021 $7,549 $163,300 $50,700 $112,600
2020 $13,319 $297,100 $50,700 $246,400
2019 $12,659 $297,100 $50,700 $246,400
2018 $12,205 $297,100 $50,700 $246,400
2017 $11,774 $297,100 $50,700 $246,400
2016 $10,835 $297,100 $50,700 $246,400
2015 $10,339 $297,100 $50,700 $246,400
2014 $10,063 $297,100 $50,700 $246,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA127578

Bright MLS

APN: 09-04004-0000-00001