NOT LISTED FOR SALE

400 Market St Gloucester City, NJ 08030

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold January 12, 2021

Last sale price $379,000

98 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Property is in very good condition
  • Double Pane Windows
  • Dwelling with Rental
  • 4-minute walk to Proprietors Park

About This Home

As of January 2021

Great Investment Property This property includes Two buildings 400 And 402 Market St. All Six Units are currently rented . The Buildings Has One Two Bedroom ,3 One Bedroom plus Two Studio. This property. Has a great rental history . All current inspections are done and there No Violations ! Also current State Inspection has been done.

Last Agent to Sell the Property

Chip Longo

(856) 616-7014 clongoch@aol.com Coldwell Banker Realty Listed on: 08/26/2020

Coldwell Banker Realty

Co-Listed By

Joan Del Conte

(856) 745-5361 delconte3@comcast.net Coldwell Banker Realty

Last Buyer's Agent

Kathleen Iannucci

(609) 519-0336 kiannucci@comcast.net EXP Realty, LLC License #1004680

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,540

Lot Details

  • Lot Dimensions are 20.00 x 137.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Dwelling with Rental
  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • Double Pane Windows
  • Six Panel Doors
  • Basement Fills Entire Space Under The House
  • Built-In Range

Flooring

  • Carpet
  • Vinyl

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Gloucester City Junior Senior Middle School
  • Gloucester City Jr. Sr. High School

Utilities

  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, pest control, sewer, snow removal, real estate taxes, water
  • Tax Lot 00019
  • Assessor Parcel Number 14-00072-00019

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $31,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,540

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Dwelling With Rental
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Belongs
  • Historic: No
  • Inclusions: All Ranges and ref
  • New Construction: No
  • Year Built: 90
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Six Panel
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: GLOUCESTER CITY JR. SR. H.S.
  • Middle Or Junior School: GLOUCESTER CITY JUNIOR SENIOR

Lot Info

  • Lot Dimensions: 20.00 x 137.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: MULTI FAMILY

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Insurance, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Water
  • Total Actual Rent: 51960.00
  • Units Leased Count: 6
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 6540.00
  • Assessor Parcel Number: 14-00072-00019
  • Tax Lot: 00019
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $379,000 -5.0% --
12/02/2020 12/02/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $399,000 -1.5% --
09/30/2020 09/30/20 Price Changed $404,900 -1.2% --
09/29/2020 09/29/20 Price Changed $409,900 -1.2% --
08/26/2020 08/26/20 For Sale $415,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD401226

Bright MLS