NOT LISTED FOR SALE

42 5th St Pennsville, NJ 08070

Estimated Value: $167,000 - $218,000

-- Bed
-- Bath
1,120 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $100,000 $89 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,406/month

29 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2021

ATTENTION INVESTORS! Great duplex in desirable Pennsville! Top/bottom split, with one bedroom unit each. Low interest rates and low taxes= low overhead. Make the best investment move of your life with this duplex located in a great school district with high rental demand. Excellent cash flow 2 unit building approx $1500/month. Always rented. Never vacant, the existing tenants have been there for years! Owner pays NO heating or cooling costs because heat is all gas and each tenant pays for her own. Call to see how you can make an investment in your future and make your investment dollar work for you.

Last Agent to Sell the Property

Vincent Grova

(609) 221-4524 vincentgrova@gmail.com Pino Agency License #1752643 Listed on: 04/01/2021

Last Buyer's Agent

Vincent Grova

(609) 221-4524 vincentgrova@gmail.com Pino Agency License #1752643 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1940

Lot Details

  • 1,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 25.00

Parking

  • Driveway

Home Design

  • 1,120 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Stucco

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 09-02806-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 107.05
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 50.00 x 25.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1250.00
  • Zoning: 01

Rental Info

  • Existing Lease Type: Long Term, Yearly
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4254.00
  • Assessor Parcel Number: 09-02806-00017
  • Tax Lot: 00017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 27, 2021
Sold by
Nottus Rentals Llc
Bought by
Friebel Doyne and Friebel Regina
Seller's Agent
Vincent Grova
Pino Agency
Buyer's Agent
Vincent Grova
Pino Agency
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Current Estimated Value
$190,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,693
Avg. Annual Appreciation
15.28%

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 3, 2021
Sold by
Robert E Sutton Rentals Ii Llc
Bought by
Nottus Rentals Llc
Seller's Agent
Vincent Grova
Pino Agency
Buyer's Agent
Vincent Grova
Pino Agency
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Purchase Details

Closed on
Jan 7, 2020
Sold by
Sutton Joyce E
Bought by
Robert E Sutton Rentals Ii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Friebel Doyne $100,000 West Jersey Title Agency
Friebel Doyne $100,000 Land Title
Nottus Rentals Llc -- None Available
Robert E Sutton Rentals Ii Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $100,000 -16.6% $89 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $119,900 -- $107 / 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 $4,838 $94,900 $32,500 $62,400
2024 $4,658 $94,900 $32,500 $62,400
2023 $4,658 $94,900 $32,500 $62,400
2022 $4,512 $94,900 $32,500 $62,400
2021 $4,384 $94,900 $32,500 $62,400
2020 $4,254 $94,900 $32,500 $62,400
2019 $4,044 $94,900 $32,500 $62,400
2018 $3,898 $94,900 $32,500 $62,400
2017 $3,761 $94,900 $32,500 $62,400
2016 $3,461 $94,900 $32,500 $62,400
2015 $3,303 $94,900 $32,500 $62,400
2014 $3,214 $94,900 $32,500 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA141428

Bright MLS

APN: 09-02806-0000-00017