NOT LISTED FOR SALE

402 Spruce St Bridgeton, NJ 08302

Estimated Value: $128,000 - $201,000

-- Bed
-- Bath
1,402 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $65,000 $46 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,077/month

Highlights

  • No HOA
  • Forced Air Heating System
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of November 2018

Great investment property. Excellent long time tenant downstairs (9+ years) with renewed lease and security deposit. Excellent tenant upstairs with renewed lease and security deposit to June 2019. Large backyard and off street parking. Quiet area.

Last Agent to Sell the Property

Anthony Balboni

(856) 824-1000 tonyb@keyhomesnj.com Key Properties Real Estate License #rm424208 Listed on: 07/06/2018

Last Buyer's Agent

Lori Scarpa

(856) 207-8292 loridoesrealestate@gmail.com Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75x155
  • Property is in good condition

Home Design

  • Duplex
  • Brick Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,402 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Schools

  • Bridgeton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 01-00161-00004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $745
  • Operating Expense $4,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,442

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: Great investment property. Excellent long time tenant downstairs (9+ years) with renewed lease and security deposit. Excellent tenant upstairs with renewed lease and security deposit to June 2019. Large backyard and off street parking. Quiet area.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1402
  • Living Area Sq Ft: 1402
  • Price Per Sq Ft: 53.49
  • Above Grade Finished Sq Ft: 1402
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1100.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRIDGETON PUBLIC SCHOOLS
  • High School: BRIDGETON
  • School District Key: 300200396116
  • High School: BRIDGETON

Lot Info

  • Improvement Assessed Value: 47000.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.27
  • Lot Dimensions: 75X155
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11625.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17100.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 4712989
  • Tax Annual Amount: 2442.00
  • Assessor Parcel Number: 01-00161-00004
  • Tax Lot: 00004
  • Tax Year: 2018
  • Close Date: 11/16/2018

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Bergen Street Development Llc
Bought by
Ds2 Homes & Remodeling Llc
Current Estimated Value
$160,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,300
Outstanding Balance
$113,371
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$46,670

Purchase Details

Closed on
Apr 20, 2023
Sold by
Rozier Joseph Anthony
Bought by
Ds2 Homes & Remodeling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Interest Rate
6.13%

Purchase Details

Closed on
Feb 2, 2023
Sold by
Rozier Joseph Anthony
Bought by
Bergen Street Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Interest Rate
6.13%

Purchase Details

Closed on
Oct 15, 2008

Purchase Details

Closed on
Oct 27, 2003
Sold by
Povlow Irvin E
Bought by
Goltz Morris S
Source: Public Records

Range of Values:

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Average Value
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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
Ds2 Homes & Remodeling Llc $95,000 None Listed On Document
Ds2 Homes & Remodeling Llc $95,000 None Listed On Document
Ds2 Homes & Remodeling Llc $75,000 None Listed On Document
Bergen Street Development Llc $75,000 Pittman Title & Escrow
Bergen Street Development Llc $75,000 Pittman Title & Escrow
-- $23,000 --
Goltz Morris S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ds2 Homes & Remodeling Llc $115,300
Closed Ds2 Homes & Remodeling Llc $115,300
Previous Owner Bergen Street Development Llc $7,900
Previous Owner Bergen Street Development Llc $104,000
Closed Bergen Street Development Llc $7,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $65,000 -13.3% $46 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $74,999 -- $53 / 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 $2,856 $54,000 $7,000 $47,000
2024 $2,856 $54,000 $7,000 $47,000
2023 $2,741 $54,000 $7,000 $47,000
2022 $2,715 $54,000 $7,000 $47,000
2021 $2,709 $54,000 $7,000 $47,000
2020 $2,691 $54,000 $7,000 $47,000
2019 $2,630 $54,000 $7,000 $47,000
2018 $2,515 $54,000 $7,000 $47,000
2017 $2,442 $54,000 $7,000 $47,000
2016 $2,369 $54,000 $7,000 $47,000
2015 $2,327 $54,000 $7,000 $47,000
2014 $2,079 $36,700 $5,400 $31,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002000042

Bright MLS

APN: 01-00161-0000-00004