NOT LISTED FOR SALE

401 Market St Gloucester City, NJ 08030

Estimated Value: $171,000 - $237,000

4 Beds
1 Bath
1,533 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $120,000 $78 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,469/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • 3 Car Detached Garage
  • 5-minute walk to Proprietors Park

About This Home

As of January 2022

Attention investors or 1st time Buyers . . . This 3 bedroom, END UNIT townhome in Gloucester City has just hit the market and ready to sell. There is a very large living room area, formal dining room and the large kitchen and laundry room are located toward the back of the home. Just recently, the Seller installed a new front door, replaced roof over front corner and added new carpets and padding on 1st floor. There is full basement for storage and where you will find the gas water heater and forced-air furnace. Lastly, and best of all, the Seller just recoated the entire roof with a Urethane rubber coating on the 3-car detached garage that is fully rented and brings in a total of $425.00 in income each month to offset your mortgage payment!

Last Agent to Sell the Property

Dale Riggs

BHHS Fox & Roach-Mullica Hill North License #8135574 Listed on: 10/15/2021

BHHS Fox & Roach-Mullica Hill North

Last Buyer's Agent

Val Nunnenkamp

Keller Williams Realty - Marlton

Keller Williams Realty - Marlton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1870

Lot Details

  • 1,818 Sq Ft Lot
  • Lot Dimensions are 18.00 x 101.00
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,533 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00035
  • Assessor Parcel Number 14-00066-00035

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,717

Year Built

Built in 1870

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Range
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1870
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Gas, Microwave
  • Foundation Details: Brick/Mortar, Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1533
  • Living Area Sq Ft: 1533
  • Price Per Sq Ft: 88.06
  • Above Grade Finished Sq Ft: 1533
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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 Spaces: 3.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1818.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3717.00
  • Assessor Parcel Number: 14-00066-00035
  • Tax Lot: 00035
  • Tax Total Finished Sq Ft: 1533
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/21/2022

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 21, 2022
Sold by
Unknown
Bought by
Yorkshire Properties Llc
Seller's Agent
Dale Riggs
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Val Nunnenkamp
Keller Williams Realty - Marlton
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Current Estimated Value
$210,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,090
Original Mortgage
$96,000
Outstanding Balance
$90,933
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Reasonable Hms Llc
Bought by
Lerro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,660
Interest Rate
6.16%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Mitchell Henry
Bought by
Guenther Kurt Gutwein and Guenther Elizabeth Gutwein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.04%
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
Yorkshire Properties Llc $120,000 Surety Title
Lerro Michael $72,100 --
Guenther Kurt Gutwein $45,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yorkshire Properties Llc $96,000
Previous Owner Lerro Michael $57,660
Previous Owner Guenther Kurt Gutwein $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $120,000 -11.1% $78 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $135,000 -- $88 / 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 $4,000 $79,800 $16,300 $63,500
2024 $3,993 $79,800 $16,300 $63,500
2023 $3,993 $79,800 $16,300 $63,500
2022 $3,755 $79,800 $16,300 $63,500
2021 $3,717 $79,800 $16,300 $63,500
2020 $3,589 $79,800 $16,300 $63,500
2019 $3,516 $79,800 $16,300 $63,500
2018 $3,447 $79,800 $16,300 $63,500
2017 $3,376 $79,800 $16,300 $63,500
2016 $3,249 $79,800 $16,300 $63,500
2015 $2,925 $79,800 $16,300 $63,500
2014 $2,518 $48,000 $7,300 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2005378

Bright MLS

APN: 14-00066-0000-00035