NOT LISTED FOR SALE

46 W Chestnut Ave Merchantville, NJ 08109

Estimated Value: $347,952 - $421,000

-- Bed
-- Bath
1,846 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $189,000 $102 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,695/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • Corner Lot
  • Wood Flooring
  • Attic
  • No HOA

About This Home

As of June 2020

Investment property with a terrific location in the heart of Merchantville. This property is situated right along the walking path and conveniently rests just one block away from the main street shopping district. Victorian duplex with a welcoming front porch that provides access to both the first and second floor apartments with separate, private entrances. The 1st floor one bedroom apartment has hardwood floors throughout, high ceilings, eat in kitchen and ceiling fans in the bedroom and kitchen. Enter through the front door into the private foyer which leads into the living room with working pocket doors, high ceilings and original hardwood floors. Connected to the living room is a spacious dining room which leads to a bedroom off to the side and an eat-in kitchen. The 2nd floor apartment has a separate, private entrance on the front porch with private stairs leading to the second floor. There are 2 comfortable bedrooms with ceiling fans, a separate living room with french doors and a ceiling fan, an eat-in kitchen and a spacious bathroom. This apartment has just been updated with brand new neutral carpeting throughout and has been freshly painted. There is a very spacious walk-up attic that can be used for storage. There are washers and dryers located in the basement that are on separate utilities connected to each apartment. We require 24 hours notice to visit the property , as it is tenant occupied on the first floor.

Last Agent to Sell the Property

LISA CAESAR-MACRI

BHHS Fox & Roach-Moorestown Listed on: 04/27/2020

Last Buyer's Agent

Donna Granacher

RE/MAX Preferred - Cherry Hill License #9701002

RE/MAX Preferred - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,861

Year Built

  • Built in 1883

Lot Details

  • 6,235 Sq Ft Lot
  • Lot Dimensions are 43.00 x 145.00
  • Corner Lot
  • Level Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Victorian Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,846 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Park or Greenbelt Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Merchantville Elementary School
  • Howard M. Phifer Middle School
  • Haddon Heights High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00018 01
  • Assessor Parcel Number 24-00021-00018 01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cattell Tract Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,861

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian, Traditional
  • Ownership: Fee Simple
  • Inclusions: Washers, Dryers, light fixtures
  • New Construction: No
  • Year Built: 1883
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dryer, Oven - Single, Washer, Refrigerator
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Kitchen - Eat-In, Tub Shower, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Total Sq Ft: 1846
  • Living Area Sq Ft: 1846
  • Price Per Sq Ft: 102.38
  • Above Grade Finished Sq Ft: 1846
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 46

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Shingle
  • View: Park/Greenbelt
  • 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: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: MERCHANTVILLE PUBLIC SCHOOLS
  • Elementary School: MERCHANTVILLE E.S.
  • Middle School: HOWARD M. PHIFER M.S.
  • High School: HADDON HEIGHTS H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396996
  • School District Source: Listing Agent
  • Elementary School: MERCHANTVILLE E.S.
  • High School: HADDON HEIGHTS H.S.
  • Middle Or Junior School: HOWARD M. PHIFER M.S.

Lot Info

  • Lot Features: Corner, Rear Yard, Level
  • Lot Size Acres: 0.14
  • Lot Dimensions: 43.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6235.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2019
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 7861.00
  • Assessor Parcel Number: 24-00021-00018 01
  • Tax Lot: 00018 01
  • Tax Total Finished Sq Ft: 1846
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/26/2020

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 24, 2020
Sold by
Ferrie Kim Michele and Ferrie John Douglas
Bought by
Holl Justin R
Seller's Agent
LISA CAESAR-MACRI
BHHS Fox & Roach-Moorestown
Buyer's Agent
Donna Granacher
RE/MAX Preferred - Cherry Hill
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$354,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,857
Avg. Annual Appreciation
14.57%
Original Mortgage
$182,692
Outstanding Balance
$164,072
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$215,695

Purchase Details

Closed on
Jun 24, 2003
Sold by
Simmonski Robert S
Bought by
Simmonski Kim Michele
Source: Public Records

Range of Values:

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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
Holl Justin R $189,000 Surety Title Company
Simmonski Kim Michele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holl Justin R $46,400
Open Holl Justin R $182,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $189,000 0.0% $102 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $189,000 -- $102 / 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 $9,022 $169,300 $60,500 $108,800
2024 $8,589 $169,300 $60,500 $108,800
2023 $8,589 $169,300 $60,500 $108,800
2022 $8,225 $169,300 $60,500 $108,800
2021 $8,169 $169,300 $60,500 $108,800
2020 $8,010 $169,300 $60,500 $108,800
2019 $7,861 $169,300 $60,500 $108,800
2018 $7,486 $169,300 $60,500 $108,800
2017 $7,170 $169,300 $60,500 $108,800
2016 $6,841 $169,300 $60,500 $108,800
2015 $6,498 $169,300 $60,500 $108,800
2014 $6,261 $169,300 $60,500 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD392172

Bright MLS

APN: 24-00021-0000-00018-01