NOT LISTED FOR SALE

Estimated Value: $605,000 - $655,000

-- Bed
-- Bath
2,020 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $420,000 $208 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,405/month

13 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Bedroom
  • Traditional Floor Plan
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2022

Attention investors! Lucrative investment! Prime location duplex in the heart of desirable Haddon Heights. Continue it's use as a fully rented, certified duplex investment property or convert it to a gorgeous single family home on one of the best streets in town where re-sale would be $600k+. Also could be a great potential opportunity for a 1st time buyer...live in one unit and rent the other!! This duplex has been lovingly maintained by the current owner for 36 years and has never been without a tenant. The first floor unit has 2 bedrooms, 1 full bathroom, a beautiful enclosed porch, living room, dining room, eat-in kitchen, and a small deck. The second floor unit has 2 bedrooms, 1 full bathroom, enclosed sun-filled porch currently used as a bedroom, very large living room, eat-in kitchen and a deck. Both units feature hardwood floors and original lead glass windows....lots of charm of yesteryear throughout. The basement has lots of storage, 2 sets of washer/dryers and separate utility meters. Outside you'll find a paved driveway with plenty of parking, detached 2 car garage (also being rented $195/mos) and a partially fenced-in rear yard. Lot size is 50x200. Each unit currently rented month-to-month $1350/mth and the reliable, meticulous tenants would like to stay. Perfectly located close to downtown restaurants and breweries, major highways, public transportation and Philadelphia. Don't delay, this will go fast! The property is in good condition but being sold "as is", seller to obtain any township certificates. Take advantage of today's low rates and add this one to your portfolio of income producing properties. Also see Residential MLS# NJCD2019306

Last Agent to Sell the Property

Erin Finazzo

Compass New Jersey, LLC - Moorestown License #345198 Listed on: 02/14/2022

Compass New Jersey, LLC - Moorestown

Last Buyer's Agent

Lisa Wolschina

Lisa Wolschina & Associates, Inc. License #0345954

Lisa Wolschina & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,096

Year Built

  • Built in 1920

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 50.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Stained Glass
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Haddon Heights High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00017
  • Assessor Parcel Number 18-00031-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,096

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Attention investors! Lucrative investment! Prime location duplex in the heart of desirable Haddon Heights. Continue it's use as a fully rented, certified duplex investment property or convert it to a gorgeous single family home on one of the best streets in town where re-sale would be $600k+. Also could be a great potential opportunity for a 1st time buyer...live in one unit and rent the other!! This duplex has been lovingly maintained by the current owner for 36 years and has never been without a tenant. The first floor unit has 2 bedrooms, 1 full bathroom, a beautiful enclosed porch, living room, dining room, eat-in kitchen, and a small deck. The second floor unit has 2 bedrooms, 1 full bathroom, enclosed sun-filled porch currently used as a bedroom, very large living room, eat-in kitchen and a deck. Both units feature hardwood floors and original lead glass windows....lots of charm of yesteryear throughout. The basement has lots of storage, 2 sets of washer/dryers and separate utility meters. Outside you'll find a paved driveway with plenty of parking, detached 2 car garage (also being rented $195/mos) and a partially fenced-in rear yard. Lot size is 50x200. Each unit currently rented month-to-month $1350/mth and the reliable, meticulous tenants would like to stay. Perfectly located close to downtown restaurants and breweries, major highways, public transportation and Philadelphia. Don't delay, this will go fast! The property is in good condition but being sold "as is", seller to obtain any township certificates. Take advantage of today's low rates and add this one to your portfolio of income producing properties. Also see Residential MLS# NJCD2019306
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dryer, Washer
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Stain/Lead Glass, Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2020
  • Living Area Sq Ft: 2020
  • Price Per Sq Ft: 198.02
  • Above Grade Finished Sq Ft: 2020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 411

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding
  • Roof: 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: Paved Parking
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Schools

  • School District: HADDON HEIGHTS SCHOOLS
  • High School: HADDON HEIGHTS H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396983
  • School District Source: Listing Agent
  • High School: HADDON HEIGHTS H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 152800.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10001.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RES
  • Zoning Description: Certified duplex

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1887850
  • Tax Annual Amount: 11096.00
  • Assessor Parcel Number: 18-00031-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 2020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/16/2022

MLS Schools

  • School District Name: HADDON HEIGHTS SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 9, 2022
Sold by
Balkey Family Trust
Bought by
Gottardi David and Gottardi Karen
Seller's Agent
Erin Finazzo
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Lisa Wolschina
Lisa Wolschina & Associates, Inc.
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Current Estimated Value
$635,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,914
Avg. Annual Appreciation
12.96%
Original Mortgage
$336,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2010
Sold by
Balkey Suzanne and Balkey Albert J
Bought by
Balkey Albert J and Balkey Mary Ellen
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
Gottardi David $420,000 Foundation Title
Balkey Albert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottardi David $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $420,000 +5.0% $208 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $400,000 -- $198 / 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 $11,276 $327,800 $175,000 $152,800
2024 $11,158 $327,800 $175,000 $152,800
2023 $11,158 $327,800 $175,000 $152,800
2022 $11,129 $327,800 $175,000 $152,800
2021 $11,096 $327,800 $175,000 $152,800
2020 $10,916 $327,800 $175,000 $152,800
2019 $10,732 $327,800 $175,000 $152,800
2018 $10,562 $327,800 $175,000 $152,800
2017 $10,283 $327,800 $175,000 $152,800
2016 $10,122 $327,800 $175,000 $152,800
2015 $9,913 $327,800 $175,000 $152,800
2014 $9,598 $327,800 $175,000 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2018704

Bright MLS

APN: 18-00031-0000-00017