NOT LISTED FOR SALE

405 W Broad St Paulsboro, NJ 08066

Estimated Value: $98,560

-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $91,500

Est. 8% increase in value since last sale

Current estimated payment $651/month

80 Days on Market

About This Home

As of June 2023

This is a 4A commercial zoned property with a small warehouse (768 SQFT), with a lot size of 50 X 187 (9,347SQFT). This parcel features a parking lot with 8 spaces and a driveway leading from the street to the existing structure. Previously existing on this lot was a storefront with 2 above apartment units (demolished due to a fire). This property's previous cash flow was $3,600/month. This is a mixed use property with multiple business uses approved. Utilities are available at the curb. Low property taxes. This is an excellent opportunity for new construction of a multi-unit, cash-flowing structure!

Last Agent to Sell the Property

Ronnie Glomb

Your Town Realty Listed on: 04/01/2023

Last Buyer's Agent

Maureen Fusco

Keller Williams Hometown License #9808058

Keller Williams Hometown

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 2023

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50.00 x 187.00
  • Property is zoned COM

Home Design

  • Garage Structure
  • Frame Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • Property has 1 Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 14-00090-00013

Property Details

Property Type

Other

Est. Annual Taxes

$1,368

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Garage/Parking Space
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: This is a 4A commercial zoned property with a small warehouse (768 SQFT), with a lot size of 50 X 187 (9,347SQFT). This parcel features a parking lot with 8 spaces and a driveway leading from the street to the existing structure. Previously existing on this lot was a storefront with 2 above apartment units (demolished due to a fire). This property's previous cash flow was $3,600/month. This is a mixed use property with multiple business uses approved. Utilities are available at the curb. Low property taxes. This is an excellent opportunity for new construction of a multi-unit, cash-flowing structure!
  • Special Features: NewHome
  • Property Sub Type: Other
  • Stories: 0

Interior Features

  • Levels Count: 1
  • Room List: Primary Bedroom
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

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: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • School District Key: 300200397138
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 19400.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 187.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.60
  • Year Assessed: 2022
  • Zoning: COM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2022694
  • Assessor Parcel Number: 14-00090-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/20/2023

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
21St Century Electric Inc
Bought by
Stephco3 Llc
Current Estimated Value
$98,560

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 12, 2023
Sold by
Whitley Stephen A
Bought by
21 Century Electric Inc
Seller's Agent
Ronnie Glomb
Your Town Realty
Buyer's Agent
Maureen Fusco
Keller Williams Hometown
List Price
$99,900
Sold Price
$91,500
Premium/Discount to List
-$8,400
-8.41%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Alexjen Llc
Bought by
Whitley Stephen A

Purchase Details

Closed on
Aug 25, 2014
Sold by
Scheuerer Donna and Ricotta Donna
Bought by
Alexjen Llc

Purchase Details

Closed on
Apr 12, 2006
Sold by
Grygo Michael
Bought by
Donna Ricotta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Commercial
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
Stephco3 Llc -- None Listed On Document
21 Century Electric Inc $91,500 None Listed On Document
Whitley Stephen A $44,000 Freedom Title & Abstract Co
Alexjen Llc -- Attorney
Donna Ricotta $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donna Ricotta $112,000
Previous Owner Grygo Walter B $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $91,500 -8.4% --
06/20/2023 06/20/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $99,900 -- --
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 $1,368 $31,100 $19,400 $11,700
2024 $1,367 $31,100 $19,400 $11,700
2023 $1,367 $31,100 $19,400 $11,700
2022 $1,342 $31,100 $19,400 $11,700
2021 $1,316 $31,100 $19,400 $11,700
2020 $1,308 $31,100 $19,400 $11,700
2019 $1,267 $31,100 $19,400 $11,700
2018 $1,195 $31,100 $19,400 $11,700
2017 $1,190 $31,100 $19,400 $11,700
2016 $1,133 $31,100 $19,400 $11,700
2015 $1,127 $31,100 $19,400 $11,700
2014 $1,054 $31,300 $19,400 $11,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2027818

Bright MLS

APN: 14-00090-0000-00013