NOT LISTED FOR SALE

420 Cottage Ave Beverly, NJ 08010

Estimated Value: $462,000 - $716,000

-- Bed
-- Bath
3,360 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $500,000 $149 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,048/month

110 Days on Market

Highlights

  • 0.43 Acre Lot
  • Carriage House
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

BACK TO THE MARKET! Welcome to this stunning duplex home located in the highly sought-after area of Edgewater Park, Beverly, New Jersey. Located on one of Edgewater Park's most exclusive streets, this property offers a rare chance to own an income producing property in a highly coveted neighborhood where homes are seldom available on the market . Upon entering each unit, you are greeted by the expansive and inviting living areas, perfect for entertaining or simply relaxing in comfort. The well-appointed kitchens boast modern appliances and ample counter space, making meal preparation a delight. Each unit features two generously sized bedrooms, providing plenty of space for rest and relaxation. The primary bathroom on the second floor and the half bathroom on the first floor offer convenience and comfort for all occupants.Step outside to discover the impressive exterior features of this home. The expansive yard offers abundant parking and outdoor space, providing endless possibilities for outdoor activities and gatherings. Additionally, each unit boasts a private porch, where you can unwind and enjoy the serene surroundings. Situated across the street from the picturesque Delaware River ! Don't miss the opportunity to make this remarkable duplex your own and experience the exceptional lifestyle it offers. Schedule a showing today and seize the chance to own a piece of this desirable neighborhood.

Last Agent to Sell the Property

Maria Zolezzi

Century 21 Action Plus Realty - Bordentown License #2294640 Listed on: 11/18/2023

Century 21 Action Plus Realty - Bordentown

Co-Listed By

Nicole Marcum Rife

Compass RE License #RS306682

Last Buyer's Agent

Caroline Garguilo

Keller Williams Realty Central Monmouth

Keller Williams Realty Central Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,869

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 54.00 x 343.00

Home Design

  • 3,360 Sq Ft Home
  • Duplex
  • Carriage House
  • Frame Construction

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 12-01703-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,869

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Carriage House
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-11-18
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: BACK TO THE MARKET! Welcome to this stunning duplex home located in the highly sought-after area of Edgewater Park, Beverly, New Jersey. Located on one of Edgewater Park's most exclusive streets, this property offers a rare chance to own an income producing property in a highly coveted neighborhood where homes are seldom available on the market . Upon entering each unit, you are greeted by the expansive and inviting living areas, perfect for entertaining or simply relaxing in comfort. The well-appointed kitchens boast modern appliances and ample counter space, making meal preparation a delight. Each unit features two generously sized bedrooms, providing plenty of space for rest and relaxation. The primary bathroom on the second floor and the half bathroom on the first floor offer convenience and comfort for all occupants. Step outside to discover the impressive exterior features of this home. The expansive yard offers abundant parking and outdoor space, providing endless possibilities for outdoor activities and gatherings. Additionally, each unit boasts a private porch, where you can unwind and enjoy the serene surroundings. Situated across the street from the picturesque Delaware River ! Don't miss the opportunity to make this remarkable duplex your own and experience the exceptional lifestyle it offers. Schedule a showing today and seize the chance to own a piece of this desirable neighborhood.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3360
  • Living Area Sq Ft: 3360
  • Price Per Sq Ft: 148.51
  • Above Grade Finished Sq Ft: 3360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 420

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

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

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

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 54.00 x 343.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18522.00
  • Year Assessed: 2022
  • Zoning: MULTIFAMILY

Rental Info

  • Total Actual Rent: 54000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9869.00
  • Assessor Parcel Number: 12-01703-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 3360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/29/2024

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jul 1, 2024
Sold by
Arroyo Erick D
Bought by
Ruiz Hector and Ruiz Pamela
Seller's Agent
Maria Zolezzi
Century 21 Action Plus Realty - Bordentown
Buyer's Agent
Caroline Garguilo
Keller Williams Realty Central Monmouth
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
121
Current Estimated Value
$571,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,033
Avg. Annual Appreciation
12.16%
Original Mortgage
$490,943
Outstanding Balance
$485,377
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$92,381

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 17, 2021
Sold by
Thomas Gabriel Jr and Thomas Michele
Bought by
Arroyo Erick D
Seller's Agent
Trish O'Donnell
Keller Williams - Main Street
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$349,900
Sold Price
$342,000
Premium/Discount to List
-$7,900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%
Original Mortgage
$335,805
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2011
Sold by
Gabriel Thomas
Bought by
Gabriel Thomas and Gabriel Michele

Purchase Details

Closed on
Jul 29, 2005
Sold by
Stranquist Edward
Bought by
Gabriel Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 2002
Sold by
Austin Margaret L
Bought by
Stranquist Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,550
Interest Rate
7.18%
Mortgage Type
Stand Alone First
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
Ruiz Hector $500,000 None Listed On Document
Arroyo Erick D $342,000 Old Republic Title
Gabriel Thomas -- None Available
Gabriel Thomas $345,000 Security Search & Abstract C
Stranquist Edward $164,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Hector $490,943
Previous Owner Arroyo Erick D $335,805
Previous Owner Gabriel Thomas $324,000
Previous Owner Gabriel Thomas $334,400
Previous Owner Gabriel Thomas $310,500
Previous Owner Stranquist Edward $266,000
Previous Owner Stranquist Edward $204,000
Previous Owner Stranquist Edward $156,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $500,000 +0.2% $149 / Sq Ft
05/09/2024 05/09/24 Price Changed $499,000 0.0% $149 / Sq Ft
04/16/2024 04/16/24 Price Changed $499,000 0.0% $149 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $499,000 0.0% $149 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $499,000 0.0% $149 / Sq Ft
10/02/2023 10/02/23 Rented $2,250 0.0% --
09/27/2023 09/27/23 Under Contract -- -- --
09/15/2023 09/15/23 For Rent $2,250 0.0% --
12/21/2021 12/21/21 Sold $342,000 -2.3% $102 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $349,900 0.0% $104 / Sq Ft
12/01/2018 12/01/18 Rented $1,550 -11.4% --
11/20/2018 11/20/18 Under Contract -- -- --
10/08/2018 10/08/18 For Rent $1,750 -- --
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 $11,306 $326,100 $71,900 $254,200
2024 $9,898 $326,100 $71,900 $254,200
2023 $9,898 $288,500 $71,900 $216,600
2022 $9,870 $288,500 $71,900 $216,600
2021 $9,714 $288,500 $71,900 $216,600
2020 $9,396 $288,500 $71,900 $216,600
2019 $9,339 $303,500 $86,900 $216,600
2018 $9,132 $303,500 $86,900 $216,600
2017 $8,959 $303,500 $86,900 $216,600
2016 $8,459 $303,500 $86,900 $216,600
2015 $8,149 $303,500 $86,900 $216,600
2014 $7,709 $303,500 $86,900 $216,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2056380

Bright MLS

APN: 12-01703-0000-00004