NOT LISTED FOR SALE

402 Billingsport Rd Paulsboro, NJ 08066

Estimated Value: $311,620

-- Bed
-- Bath
2,684 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $215,000 $80 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,280/month

22 Days on Market

Highlights

  • 0.46 Acre Lot
  • Corner Lot
  • Additional Land
  • Partially Wooded Lot
  • No HOA
  • 5-minute walk to Fort Billings Park

About This Home

As of June 2021

ATTENTION INVESTORS!!! Fully rented!! Great opportunity to own a Tri-plex plus potential to build on the extra lot included with this sale. Situated on a spacious corner lot, this 2 story tri-plex three apartment units all of which are currently tenant occupied. The first two units, unit 1 (1 bedroom) & Unit 2 (2 bedrooms) are located on the 1st floor and Unit 3 (3 bedrooms) is located on the second floor, with their own private entrances. All separate utilities. Gas Heat and electric hot water heaters. Roof was replaced in 2006, complete take off and replacement. Windows are replacement windows. Home has been well maintained. Plenty of parking for tenants. Property in conveniently located close to Rte 295. Close to Philadelphia and Delaware Bridges. Property sells "as is" and is priced for a quick sale. Please be sure to follow all recommended guidelines regarding Covid -19 and please wear a mask.

Last Agent to Sell the Property

Sue Caltabiano

Century 21 Town & Country Realty - Mickleton License #9909692 Listed on: 04/15/2021

Century 21 Town & Country Realty - Mickleton

Last Buyer's Agent

Iona Golden

Weichert Realtors-Turnersville License #8052734

Weichert Realtors-Turnersville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 66.00 x 305.00
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back and Side Yard
  • Additional Land
  • Subdivision Possible
  • Property is in good condition

Home Design

  • Triplex
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,684 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Paulsboro High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, lawn/shrub care, sewer, water, real estate taxes, snow removal
  • Tax Lot 00013
  • Assessor Parcel Number 14-00052-00013

Community Details

Overview

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

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,481

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: tenants personal property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: ATTENTION INVESTORS!!! Fully rented!! Great opportunity to own a Tri-plex plus potential to build on the extra lot included with this sale. Situated on a spacious corner lot, this 2 story tri-plex three apartment units all of which are currently tenant occupied. The first two units, unit 1 (1 bedroom) & Unit 2 (2 bedrooms) are located on the 1st floor and Unit 3 (3 bedrooms) is located on the second floor, with their own private entrances. All separate utilities. Gas Heat and electric hot water heaters. Roof was replaced in 2006, complete take off and replacement. Windows are replacement windows. Home has been well maintained. Plenty of parking for tenants. Property in conveniently located close to Rte 295. Close to Philadelphia and Delaware Bridges. Property sells "as is" and is priced for a quick sale. Please be sure to follow all recommended guidelines regarding Covid -19 and please wear a mask.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2684
  • Living Area Sq Ft: 2684
  • Price Per Sq Ft: 80.10
  • Above Grade Finished Sq Ft: 2684
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stucco
  • Roof: Pitched
  • 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, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • High School: PAULSBORO H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397138
  • School District Source: Listing Agent
  • High School: PAULSBORO H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127500.00
  • Land Assessed Value: 26600.00
  • Lot Features: Additional Lot(s), Cleared, Backs To Trees, Corner, Level, Open, Partly Wooded, Rear Yard, Sideyard(s), Subdivision Possible
  • Lot Size Acres: 0.46
  • Lot Dimensions: 66.00 x 305.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20130.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer, Water, Taxes - Real Estate, Snow Removal
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2022124
  • Tax Annual Amount: 6481.00
  • Assessor Parcel Number: 14-00052-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 2684
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/07/2021

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 7, 2021
Sold by
Layton Joseph G and Layton Adam P
Bought by
Detora Richard E
Seller's Agent
Sue Caltabiano
Century 21 Town & Country Realty - Mickleton
Buyer's Agent
Iona Golden
Weichert Realtors-Turnersville
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$311,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,620
Avg. Annual Appreciation
10.31%
Original Mortgage
$158,250
Outstanding Balance
$144,827
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,184

Purchase Details

Listed on
Aug 27, 2014
Closed on
Aug 11, 2017
Sold by
Cipriani Antonia
Bought by
Layton Jospeh G and Layton Adam P
Seller's Agent
Sue Caltabiano
Century 21 Town & Country Realty - Mickleton
Buyer's Agent
ADAM LAYTON
Century 21 Town & Country Realty - Mickleton
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$101,250
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Detora Richard E $215,000 Weichert Title Agency
Layton Jospeh G $135,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detora Richard E $158,250
Previous Owner Layton Jospeh G $101,250
Previous Owner Cipriani Angelo $5,300
Previous Owner Cipriani Angelo $5,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $215,000 0.0% $80 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $215,000 +59.3% $80 / Sq Ft
08/11/2017 08/11/17 Sold $135,000 -15.6% $50 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
08/27/2014 08/27/14 For Sale $159,900 -- $60 / 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
2024 $6,884 $156,600 $26,600 $130,000
2023 $6,884 $156,600 $26,600 $130,000
2022 $6,759 $156,600 $26,600 $130,000
2021 $6,522 $154,100 $26,600 $127,500
2020 $6,481 $154,100 $26,600 $127,500
2019 $6,278 $154,100 $26,600 $127,500
2018 $5,919 $154,100 $26,600 $127,500
2017 $5,894 $154,100 $26,600 $127,500
2016 $5,615 $154,100 $26,600 $127,500
2015 $5,583 $154,100 $26,600 $127,500
2014 $5,584 $165,800 $29,600 $136,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sue Caltabiano

    Century 21 Town & Country Realty - Mickleton

    (856) 371-1133

    4 in this area

    37 Total Sales

    Section Image
  • Iona Golden

    Buyer's Agent in 2021

    Iona Golden

    Weichert Corporate

    (856) 986-8915

    1 in this area

    29 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    ADAM LAYTON

    Century 21 Town & Country Realty - Mickleton

    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL273800

Bright MLS

APN: 14-00052-0000-00013

New Jersey Gloucester County Paulsboro 08066

402 Billingsport Rd, Paulsboro, NJ

This home is located at 402 Billingsport Rd, Paulsboro, NJ 08066 since 15 April 2021 and is currently priced at $311,620, approximately $116 per square foot. This property was built in 1900. 402 Billingsport Rd is a home located in Gloucester County with nearby schools including Billingsport Elementary School, Loudenslager Elementary School, and Paulsboro High School.

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