465-467 Broadway S Gloucester City, NJ 08030
--
Bed
--
Bath
2,760
Sq Ft
1930
Built
About This Home
As of December 2024Discover a lucrative investment opportunity with this 3-unit mixed-use property. The two commercial units and spacious 3-bedroom unit on the second floor awaits your personal touch with flooring and bathroom upgrades, featuring a convenient mud/laundry room entrance. Comparable three-bedroom units in Gloucester City command rents of $1800+, ensuring a promising return on investment. Enjoy peace of mind with recent property upgrades, including a 2012 roof replacement, 2021 heater replacements, and a 2018 electric box update. Don't miss out on this exceptional opportunity on Broadway. Please find P&L in documents.
Last Agent to Sell the Property
BHHS Fox & Roach-Marlton License #RS361696 Listed on: 07/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,457
Year Built
- Built in 1930
Home Design
- 2,760 Sq Ft Home
- Triplex
- Straight Thru Architecture
- Brick Foundation
- Built-Up Roof
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Window Unit Cooling System
- 90% Forced Air Heating System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 14-00098-00018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2024
Closed on
Dec 10, 2024
Sold by
Trowbridge Jeffery
Bought by
Almonte Radhames
Seller's Agent
Dawn Varallo
BHHS Fox & Roach-Marlton
Buyer's Agent
Radhames Almonte
World Net Realty/SJ
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Views
2780
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,612
Avg. Annual Appreciation
-1.00%
Original Mortgage
$165,000
Outstanding Balance
$164,431
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$54,197
Purchase Details
Closed on
Sep 6, 1996
Sold by
Mangano Joseph A
Bought by
Gardner Sean P and Gardner Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.83%
Mortgage Type
Commercial
Similar Homes in Gloucester City, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Brennan Title Abstract | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional | |
| Previous Owner | $75,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $220,000 | -8.3% | $80 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 07/03/2024 07/03/24 | For Sale | $240,000 | -- | $87 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,748 | $74,900 | $16,000 | $58,900 |
| 2023 | $3,748 | $74,900 | $16,000 | $58,900 |
| 2022 | $3,524 | $74,900 | $16,000 | $58,900 |
| 2021 | $3,489 | $74,900 | $16,000 | $58,900 |
| 2020 | $3,369 | $74,900 | $16,000 | $58,900 |
| 2019 | $3,300 | $74,900 | $16,000 | $58,900 |
| 2018 | $3,236 | $74,900 | $16,000 | $58,900 |
| 2017 | $3,169 | $74,900 | $16,000 | $58,900 |
| 2016 | $3,049 | $74,900 | $16,000 | $58,900 |
| 2015 | $2,746 | $74,900 | $16,000 | $58,900 |
| 2014 | $2,481 | $47,300 | $11,500 | $35,800 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2024
Dawn Varallo
BHHS Fox & Roach
-
R
Buyer's Agent in 2024
Radhames Almonte
World Net Realty/SJ
Map
Source: Bright MLS
MLS Number: NJCD2071610
APN: 14-00098-0000-00018
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