NOT LISTED FOR SALE

409 W Elmer St Vineland, NJ 08360

Estimated Value: $270,929 - $280,000

-- Bed
-- Bath
1,837 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $230,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,847/month

89 Days on Market

Highlights

  • Additional Residence on Property
  • More Than Two Accessible Exits
  • Forced Air Heating System
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Dwelling with Separate Living Area

About This Home

As of March 2024

Calling all investors!! Triplex consisting of 2 separate buildings. A duplex in the front of the property with 2 units, and a rear building w a 2 bedroom unit and a 3 car garage.
All units are rented, they are yearly leases, and all tenants pay their own utilities, heat, and electric, hot water.
All units have washer dryer hook ups.
Rents are as follows, Unit 1, 2 bedrooms $1,050, Unit 2, 1 bedroom $950, unit 3, 2 bedrooms $1,050.
There is plenty of off street parking. Property is located within walking distance to grocery stores, public transportation, restaurants, shops and more.

Last Agent to Sell the Property

Mark Pastore

(856) 498-8242 markpastore123@gmail.com Graham/Hearst Real Estate Company Listed on: 07/05/2023

Last Buyer's Agent

Mark Pastore

(856) 498-8242 markpastore123@gmail.com Graham/Hearst Real Estate Company Listed on: 07/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1920

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 46.00 x 150.00
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway
  • Dirt Driveway

Home Design

  • Triplex
  • Converted Dwelling
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,837 Sq Ft Home
  • Partial Basement

Accessible Home Design

  • More Than Two Accessible Exits

Additional Homes

  • Additional Residence on Property
  • Dwelling with Separate Living Area

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water
  • Tax Lot 00003
  • Assessor Parcel Number 14-03808-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling, Dwelling W/Separate Living Area
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • Inclusions: all appliances that the landlord currently owns, in their present as-is condition.
  • New Construction: No
  • Expected On Market: 2023-07-05
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1837
  • Living Area Sq Ft: 1837
  • Price Per Sq Ft: 155.14
  • Above Grade Finished Sq Ft: 1837
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), 2nd House
  • Construction Materials: Mixed
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Dirt Driveway, Gravel Driveway, Private
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 46.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6900.00
  • Property Condition: Good
  • Zoning: 03

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 36600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4600.00
  • Assessor Parcel Number: 14-03808-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Apr 1, 2024
Sold by
Golden Medina Inc
Bought by
Illiano Liberino
Seller's Agent
Mark Pastore
Graham/Hearst Real Estate Company
Buyer's Agent
Mark Pastore
Graham/Hearst Real Estate Company
List Price
$290,000
Sold Price
$230,000
Premium/Discount to List
-$60,000
-20.69%
Views
295
Current Estimated Value
$276,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,232
Avg. Annual Appreciation
12.29%
Original Mortgage
$172,500
Outstanding Balance
$169,868
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$106,364

Purchase Details

Closed on
Feb 7, 1992
Bought by
Golden Medina Co, Inc
Source: Public Records

Range of Values:

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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
Illiano Liberino $230,000 Landis Title
Illiano Liberino $230,000 Landis Title
Golden Medina Co, Inc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Illiano Liberino $172,500
Closed Illiano Liberino $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $230,000 -19.3% $125 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $285,000 -1.7% $155 / Sq Ft
07/05/2023 07/05/23 For Sale $290,000 -- $158 / 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 $4,773 $149,900 $14,800 $135,100
2024 $4,773 $149,900 $14,800 $135,100
2023 $4,741 $149,900 $14,800 $135,100
2022 $4,600 $149,900 $14,800 $135,100
2021 $4,516 $149,900 $14,800 $135,100
2020 $4,388 $149,900 $14,800 $135,100
2019 $4,328 $149,900 $14,800 $135,100
2018 $4,214 $149,900 $14,800 $135,100
2017 $4,002 $149,900 $14,800 $135,100
2016 $3,861 $149,900 $14,800 $135,100
2015 $3,719 $149,900 $14,800 $135,100
2014 $3,517 $149,900 $14,800 $135,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Pastore

    Seller's Agent in 2024

    Mark Pastore

    Graham/Hearst Real Estate Company

    (856) 498-8242

    27 in this area

    66 Total Sales

    Mark Pastore
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Map

Source: Bright MLS

MLS Number: NJCB2013236

Bright MLS

APN: 14-03808-0000-00003

New Jersey Cumberland County Vineland 08360

409 W Elmer St, Vineland, NJ

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