NOT LISTED FOR SALE

444 Locust Ave Burlington, NJ 08016

Estimated Value: $257,000 - $305,000

-- Bed
-- Bath
2,076 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $196,143 $94 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,023/month

72 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Burlington Towne Center
  • 2-minute walk to Kennedy Park
  • Hot Water Heating System

About This Home

As of May 2020

INVESTOR ALERT! TURN KEY DUPLEX! Nestled in the heart of Historic Burlington City this beautiful single home is a complete turn key investment! No work needed and well maintained! There is a main front entry way that takes you to both apartments. One is on the main level and is a one bedroom apartment with a bonus room that can be used for an office,additional bedroom space or they choose its use. There is a huge living room and an updated eat in kitchen with oak cabinets, full appliance package and a full updated bath. The upper level apartment boasts three bedrooms and has two levels as well. There is a huge living room for entertaining and stunning moldings through out. A large updated eat in kitchen with oak cabinets and full appliance package and full updated bath complete this apartment. But wait! There is a shared laundry room on the first floor for your tenants convenience! There is also a shared basement for extra storage and lastly a large fenced in back yard. Both apartments have radiator heat to keep you warm and cozy in the winter time. Tenants pay all utilities! Two heaters, 2 hot water heaters, 2 electric meters. Updated through out including floors, carpets, kitchens, baths! Close to all major transportation. If you are looking for an turnkey investment, then look no more this is it!

Last Agent to Sell the Property

Danielle Ochman

BHHS Fox & Roach-Cherry Hill License #894756 Listed on: 01/02/2020

BHHS Fox & Roach-Cherry Hill

Last Buyer's Agent

JERRELL M. THOMPSON, CPA, EA

Realty Mark Associates

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1880

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 24.00 x 100.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 2,076 Sq Ft Home
  • Duplex
  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Burlington City High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 00042
  • Assessor Parcel Number 05-00031-00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,418

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Window units owned by tenants.
  • Historic: No
  • Inclusions: Existing appliances
  • New Construction: No
  • Year Built: 1880
  • Remarks Public: INVESTOR ALERT! TURN KEY DUPLEX! Nestled in the heart of Historic Burlington City this beautiful single home is a complete turn key investment! No work needed and well maintained! There is a main front entry way that takes you to both apartments. One is on the main level and is a one bedroom apartment with a bonus room that can be used for an office,additional bedroom space or they choose its use. There is a huge living room and an updated eat in kitchen with oak cabinets, full appliance package and a full updated bath. The upper level apartment boasts three bedrooms and has two levels as well. There is a huge living room for entertaining and stunning moldings through out. A large updated eat in kitchen with oak cabinets and full appliance package and full updated bath complete this apartment. But wait! There is a shared laundry room on the first floor for your tenants convenience! There is also a shared basement for extra storage and lastly a large fenced in back yard. Both apartments have radiator heat to keep you warm and cozy in the winter time. Tenants pay all utilities! Two heaters, 2 hot water heaters, 2 electric meters. Updated through out including floors, carpets, kitchens, baths! Close to all major transportation. If you are looking for an turnkey investment, then look no more this is it!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Total Sq Ft: 2076
  • Living Area Sq Ft: 2076
  • Price Per Sq Ft: 109.54
  • Above Grade Finished Sq Ft: 2076
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 444

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
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • High School: BURLINGTON CITY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397177
  • School District Source: Listing Agent
  • High School: BURLINGTON CITY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113000.00
  • Land Assessed Value: 29100.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 24.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 30300.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 1603396
  • Tax Annual Amount: 5418.00
  • Assessor Parcel Number: 05-00031-00042
  • Tax Lot: 00042
  • Tax Total Finished Sq Ft: 2076
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/29/2020

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Kim Locs It In Llc
Bought by
Miller Kimberly
Current Estimated Value
$277,139

Purchase Details

Closed on
Feb 8, 2024
Sold by
Miller Kimberly
Bought by
Kim Locs It In Llc

Purchase Details

Listed on
Jan 2, 2020
Closed on
May 19, 2020
Sold by
Modugno John A
Bought by
Miller Kimberly
Seller's Agent
Danielle Ochman
BHHS Fox & Roach-Cherry Hill
Buyer's Agent
JERRELL M. THOMPSON, CPA, EA
Realty Mark Associates
List Price
$234,900
Sold Price
$196,143
Premium/Discount to List
-$38,757
-16.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$10,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 10, 2011
Sold by
Kelley Phillip and Kelley Elizabeth
Bought by
Modugno John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Miragliuolo Judith
Bought by
Kelley Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
5.77%
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
Miller Kimberly -- None Listed On Document
Miller Kimberly -- None Listed On Document
Kim Locs It In Llc $179,605 Clear Skies Title
Miller Kimberly $196,143 Clear Skies Title Agency
Modugno John A $125,000 Democracy Title Agency
Kelley Phillip $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kimberly $50,900
Previous Owner Miller Kimberly $644
Previous Owner Miller Kimberly $10,000
Previous Owner Miller Kimberly $192,589
Previous Owner Modugno John A $150,000
Previous Owner Kelley Phillip $134,400
Previous Owner Kelley Phillip $35,000
Previous Owner Kelley Phillip $97,200
Previous Owner Miragliuolo John R $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $196,143 -13.7% $94 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $227,400 -2.2% $110 / Sq Ft
01/27/2020 01/27/20 Price Changed $232,400 -1.1% $112 / Sq Ft
01/02/2020 01/02/20 For Sale $234,900 -- $113 / 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 $6,153 $142,100 $29,100 $113,000
2024 $6,045 $142,100 $29,100 $113,000
2023 $6,045 $142,100 $29,100 $113,000
2022 $5,978 $142,100 $29,100 $113,000
2021 $5,891 $142,100 $29,100 $113,000
2020 $5,681 $142,100 $29,100 $113,000
2019 $5,418 $142,100 $29,100 $113,000
2018 $5,326 $142,100 $29,100 $113,000
2017 $5,162 $142,100 $29,100 $113,000
2016 $4,968 $142,100 $29,100 $113,000
2015 $4,790 $142,100 $29,100 $113,000
2014 $4,632 $142,100 $29,100 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL363634

Bright MLS

APN: 05-00031-0000-00042