NOT LISTED FOR SALE

419 N Broad St Clayton, NJ 08312

Estimated Value: $318,000 - $407,000

-- Bed
-- Bath
2,275 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $276,000 $121 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,649/month

6 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Property is in very good condition
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Great opportunity with EXCELLENT positive cash flow. This well maintained duplex is located in a quiet section of town just a few blocks away from Delsea Drive and a short drive to Rowan University and Route 55. Great home to live on one side and have the other side pay for your mortgage plus some! Current Renting: Side A rents currently for $1500 Side B Rents currently for $1200 - Tennant's leases both end Aug 31st of 2021. Tenants have been known to stay long term with yearly leases. This investment property WONT last long, This beautifully maintained duplex is a MUST SEE for investors Vinyl siding, new sewer pipes from both sides of the unit to the street, HUGE storage shed/garage used by tenants for storage but could easily be rented out as well. Newly carpeted Units (2 bedrooms/stairs on side a) AC unit was recently replaced on side A and heat is newer on both sides. This duplex gives tenants a town home feel with it's smooth lay out. Side A - Forced gas heat with central air. Gas appliances Updated with bamboo hardwood flooring, ceiling fans, and a newly renovated kitchen. The Renovated kitchen of side A features new counters, flooring, front loader washer/dryer first level with access in the kitchen. Newly painted living room/dining room in neutral colors. Off the dining room is a half bath . Upstairs are 3 beds, and full big bath with Jacuzzi tub. GIANT walk around Attic with access only on side A. The attic is the entire length of the home. This can be finished for more living space on side A or possible additional unit for the adventurous investor. Great for storage otherwise. Large double wide driveway and large back. Street parking is also available! SIDE B - Forced gas heat, with window units. Gas appliances Newly carpeted lower and upper level w/stairs. Painted neutral colors throughout. This side features New refrigerator with a spacious kitchen that features white cabinets, and tons of counter and cabinet space. The kitchen has a newly installed dishwasher for tenant convenience. Mud room is off the kitchen with side home access for convenience with groceries. This side features plenty of living space with 2 spacious beds upstairs. Laundry room in basement with cabinets and counter space. with plenty of cabinets. Dryer new in 2020.

Last Agent to Sell the Property

Laurel Witts

Keller Williams Realty - Moorestown License #9380231 Listed on: 03/05/2021

Keller Williams Realty - Moorestown

Last Buyer's Agent

Tracy Harron

Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,834

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 111.00 x 86.00
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • 2,275 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00034
  • Assessor Parcel Number 01-01404-00034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,834

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All personal of the tenants
  • Home Warranty: No
  • Inclusions: side a washer dryer in kitchen, refrigerator with water. Side b new refrigerator, washer, new dryer in basement. Side b window units.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Great opportunity with EXCELLENT positive cash flow. This well maintained duplex is located in a quiet section of town just a few blocks away from Delsea Drive and a short drive to Rowan University and Route 55. Great home to live on one side and have the other side pay for your mortgage plus some! Current Renting: Side A rents currently for $1500 Side B Rents currently for $1200 - Tennant's leases both end Aug 31st of 2021. Tenants have been known to stay long term with yearly leases. This investment property WONT last long, This beautifully maintained duplex is a MUST SEE for investors Vinyl siding, new sewer pipes from both sides of the unit to the street, HUGE storage shed/garage used by tenants for storage but could easily be rented out as well. Newly carpeted Units (2 bedrooms/stairs on side a) AC unit was recently replaced on side A and heat is newer on both sides. This duplex gives tenants a town home feel with it's smooth lay out. Side A - Forced gas heat with central air. Gas appliances Updated with bamboo hardwood flooring, ceiling fans, and a newly renovated kitchen. The Renovated kitchen of side A features new counters, flooring, front loader washer/dryer first level with access in the kitchen. Newly painted living room/dining room in neutral colors. Off the dining room is a half bath . Upstairs are 3 beds, and full big bath with Jacuzzi tub. GIANT walk around Attic with access only on side A. The attic is the entire length of the home. This can be finished for more living space on side A or possible additional unit for the adventurous investor. Great for storage otherwise. Large double wide driveway and large back. Street parking is also available! SIDE B - Forced gas heat, with window units. Gas appliances Newly carpeted lower and upper level w/stairs. Painted neutral colors throughout. This side features New refrigerator with a spacious kitchen that features white cabinets, and tons of counter and cabinet space. The kitchen has a newly installed dishwasher for tenant convenience. Mud room is off the kitchen with side home access for convenience with groceries. This side features plenty of living space with 2 spacious beds upstairs. Laundry room in basement with cabinets and counter space. with plenty of cabinets. Dryer new in 2020.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2275
  • Living Area Sq Ft: 2275
  • Price Per Sq Ft: 120.88
  • Above Grade Finished Sq Ft: 2275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 419

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CLAYTON PUBLIC SCHOOLS
  • School District Key: 300200397412
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141300.00
  • Land Assessed Value: 31400.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 111.00 x 86.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.20
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 32400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1958287
  • Tax Annual Amount: 6834.00
  • Assessor Parcel Number: 01-01404-00034
  • Tax Lot: 00034
  • Tax Total Finished Sq Ft: 2275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/23/2021

MLS Schools

  • School District Name: CLAYTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Stern Miriam
Bought by
Wex Gm And Sons Llc
Current Estimated Value
$370,919

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 16, 2021
Sold by
Waters Stephen A and Waters Michelle N
Bought by
Stern Miriam
Seller's Agent
Laurel Witts
Keller Williams Realty - Moorestown
Buyer's Agent
Tracy Harron
Keller Williams Realty - Cherry Hill
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$198,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Jul 15, 2016
Sold by
Lange Carol A
Bought by
Waters Stephen A and Marchione Michelle N
Seller's Agent
Donald Cromley
Tealestate LLC
Buyer's Agent
Laurel Witts
Keller Williams Realty - Moorestown
List Price
$179,000
Sold Price
$168,900
Premium/Discount to List
-$10,100
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$165,804
Interest Rate
4.4%
Mortgage Type
FHA
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
Wex Gm And Sons Llc -- None Available
Stern Miriam $264,000 City Abstract Llc
Stern Miriam $264,000 City Abstract Llc
Waters Stephen A $169,000 Surety Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stern Miriam $198,000
Previous Owner Waters Stephen A $165,804
Previous Owner Lange Carol A $46,900
Previous Owner Lange Edward W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $276,000 +0.4% $121 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $275,000 0.0% $121 / Sq Ft
08/30/2019 08/30/19 Rented $1,500 0.0% --
08/17/2019 08/17/19 Price Changed $1,500 -6.3% $1 / Sq Ft
08/06/2019 08/06/19 For Rent $1,600 0.0% --
07/15/2016 07/15/16 Sold $168,900 -5.6% $74 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $179,000 -- $79 / 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 $7,578 $306,200 $72,100 $234,100
2024 $7,439 $306,200 $72,100 $234,100
2023 $7,439 $184,100 $31,400 $152,700
2022 $7,358 $184,100 $31,400 $152,700
2021 $6,820 $172,700 $31,400 $141,300
2020 $6,834 $172,700 $31,400 $141,300
2019 $6,718 $172,700 $31,400 $141,300
2018 $6,623 $172,700 $31,400 $141,300
2017 $6,511 $172,700 $31,400 $141,300
2016 $7,359 $197,300 $31,400 $165,900
2015 $7,142 $197,300 $31,400 $165,900
2014 $6,894 $197,300 $31,400 $165,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL271908

Bright MLS

APN: 01-01404-0000-00034