NOT LISTED FOR SALE

414 Franklin Rd Unit 16 Glassboro, NJ 08028

Estimated Value: $346,000 - $367,000

3 Beds
1.5 Baths
-- Sq Ft
0.37 Acres

Last Sold May 24, 2019

Last sale price $210,000

Est. 69% increase in value since last sale

Current estimated payment $2,467/month

Highlights

  • 0.37 Acre Lot
  • No HOA
  • 1 Attached Carport Space
  • Colonial Architecture
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Don't miss out on this great investment opportunity. This 3-bedroom situated on a double lot in the Chestnut Ridge neighborhood near Rowan University in Glassboro and is rented out until the end of Summer 2020 for $2200.00 a month. Formally a 4-bedroom home where one wall was removed to make a huge 23 ft. long bedroom. Roof replaced 13 years ago. Windows replaced 10 years ago. Heater replaced 10 years ago. Hot water heater replaced 5 years ago. Remodeled baths 2 years ago. Convenient expanded off-street driveway parking. The driveway connects to an attached carport area. Perfect setup to keep out of the elements. Welcoming covered front entry porch into the entry foyer with newer flooring that flows into the spacious living room. This area and newer upgraded floor open to the formal dining room. these areas have been recently painted. The kitchen is also large in size. This area has a side door that steps out to the huge fenced rear yard with a shed and a cozy patio area. Perfect spot for those Summertime BBQ's. Just off the kitchen is a remodeled powder room. The 2nd floor features 3 very large bedrooms that were originally 4 bedrooms. The 2nd floor also features hardwood floors and a remodeled full bath. The home also has a full, partially finished basement that has a game room area and an unfinished area where the utilities are located as well as plenty of room for all your storage needs. The property is located within walking distance to Rowan University and all the new developing area around Rowan with the exciting restaurants, stores, and the new Inspira Hospital that will be just a few miles away. Glassboro is the place to be now and in the future. Conveniently located near Rt 55 North & South is a bonus to be at nearby malls, shopping, restaurants, the City and Jersey Shore all within minutes.

Last Agent to Sell the Property

Lucia Piscoglio

(610) 425-1279 lcpiscoglio@gmail.com Russo Realty Group LLC Listed on: 01/28/2019

Co-Listed By

Ed Dupper

(856) 625-4960 edupper1@hotmail.com Russo Realty Group LLC

Last Buyer's Agent

Elizabeth Quam

(201) 874-5966 quaminvestments@gmail.com Penzone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,031

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Double lot (414-416 Franklin Rd)
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway

Schools

  • Glassboro Intermediate
  • Glassboro High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Chestnut Ridge Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 06-00129-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,031

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1968
  • Remarks Public: Don't miss out on this great investment opportunity. This 3-bedroom situated on a double lot in the Chestnut Ridge neighborhood near Rowan University in Glassboro and is rented out until the end of Summer 2020 for $2200.00 a month. Formally a 4-bedroom home where one wall was removed to make a huge 23 ft. long bedroom. Roof replaced 13 years ago. Windows replaced 10 years ago. Heater replaced 10 years ago. Hot water heater replaced 5 years ago. Remodeled baths 2 years ago. Convenient expanded off-street driveway parking. The driveway connects to an attached carport area. Perfect setup to keep out of the elements. Welcoming covered front entry porch into the entry foyer with newer flooring that flows into the spacious living room. This area and newer upgraded floor open to the formal dining room. these areas have been recently painted. The kitchen is also large in size. This area has a side door that steps out to the huge fenced rear yard with a shed and a cozy patio area. Perfect spot for those Summertime BBQ's. Just off the kitchen is a remodeled powder room. The 2nd floor features 3 very large bedrooms that were originally 4 bedrooms. The 2nd floor also features hardwood floors and a remodeled full bath. The home also has a full, partially finished basement that has a game room area and an unfinished area where the utilities are located as well as plenty of room for all your storage needs. The property is located within walking distance to Rowan University and all the new developing area around Rowan with the exciting restaurants, stores, and the new Inspira Hospital that will be just a few miles away. Glassboro is the place to be now and in the future. Conveniently located near Rt 55 North & South is a bonus to be at nearby malls, shopping, restaurants, the City and Jersey Shore all within minutes.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Improved, Interior Access, Partially Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 414

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GLASSBORO PUBLIC SCHOOLS
  • Middle School: GLASSBORO INTERMEDIATE
  • High School: GLASSBORO H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397475
  • School District Source: Listing Agent
  • High School: GLASSBORO H.S.
  • Middle Or Junior School: GLASSBORO INTERMEDIATE

Lot Info

  • Additional Parcels Description: double lot (414-416 Franklin Rd)
  • Fencing: Rear, Wood
  • Improvement Assessed Value: 134600.00
  • Land Assessed Value: 63400.00
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15987.00
  • Zoning: R2

Green Features

  • Clean Green Assessed: No

Rental Info

  • Total Actual Rent: 26400.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1986804
  • Tax Annual Amount: 7031.00
  • Assessor Parcel Number: 06-00129-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/24/2019

MLS Schools

  • School District Name: GLASSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Nurja Eneris and Nurja Vera
Bought by
Nurja Eneris
Current Estimated Value
$355,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$148,971
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$206,463

Purchase Details

Listed on
Jan 28, 2019
Closed on
May 22, 2019
Sold by
Rsp Rentals Llc
Bought by
Nurja Eneris and Nurja Vera
Seller's Agent
Lucia Piscoglio
Russo Realty Group LLC
Buyer's Agent
Elizabeth Quam
Penzone Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$168,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Mar 16, 2018
Sold by
Blosser Kenneth J
Bought by
Rsp Rentals Llc
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Lucia Piscoglio
Russo Realty Group LLC
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Graziano Joseph and Graziano Susan K
Bought by
Blosser Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,540
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2005
Sold by
Norcross William R and Norcross Paula
Bought by
Graziano Joseph
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
Nurja Eneris -- Associated Title Agency
Nurja Eneris $210,000 Suburban Title Examiners Inc
Rsp Rentals Llc $180,000 Amtrust Title Ins Co
Blosser Kenneth J $191,000 None Available
Graziano Joseph $200,000 Weichert Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nurja Eneris $168,000
Closed Nurja Eneris $168,000
Previous Owner Blosser Kenneth J $187,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2019 05/24/19 Sold $210,000 -4.1% --
04/04/2019 04/04/19 Pending -- -- --
02/11/2019 02/11/19 Price Changed $219,000 -2.7% --
01/28/2019 01/28/19 For Sale $225,000 +25.0% --
03/28/2018 03/28/18 Sold $180,000 -5.2% $110 / Sq Ft View Prior Sale
03/08/2018 03/08/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $189,900 -- $116 / 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 $6,970 $198,000 $63,400 $134,600
2024 $6,928 $198,000 $63,400 $134,600
2023 $6,928 $198,000 $63,400 $134,600
2022 $6,859 $198,000 $63,400 $134,600
2021 $7,027 $198,000 $63,400 $134,600
2020 $7,015 $198,000 $63,400 $134,600
2019 $7,027 $198,000 $63,400 $134,600
2018 $7,031 $198,000 $63,400 $134,600
2017 $7,065 $198,000 $63,400 $134,600
2016 $6,861 $198,000 $63,400 $134,600
2015 $6,712 $198,000 $63,400 $134,600
2014 $6,560 $198,000 $63,400 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL206764

Bright MLS

APN: 06-00129-0000-00005