$287,000
SOLD FEB 4, 2025

48 W Grant St Woodstown, NJ 08098

-- Bed
-- Bath
1,687 Sq Ft
9,235 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

41% Below List Price

178 Days on Market

About This Home

As of February 2025

Fantastic move-in ready multi-family duplex on a desirable oversized corner lot in lovely neighborhood. Great investment opportunity for strong rental income or perfect for owner occupant to live in one unit and rent the other or for extended families to enjoy both units. Each unit is freshly painted and offers a great layout with private entrances, brand new flooring, spacious bedrooms, lots of closet space, newly updated tiled baths, modern light fixtures. Property is well-maintained with two separate paved driveways and a large yard. Perfectly located in the heart of charming Woodstown within close proximity to top-notch schools, scenic farms/orchards, recreational parks, great shopping, trendy eateries, and more! Easy commute to Delaware and Philly. This beautiful property is truly a must see!

Last Agent to Sell the Property

Carmelo Morabito

Keller Williams Realty East Monmouth Listed on: 07/23/2024

Keller Williams Realty East Monmouth

Last Buyer's Agent

Andrew M. Kraft

Realty Mark Cityscape-King of Prussia License #AB069005

Realty Mark Cityscape-King of Prussia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1950

Lot Details

  • 9,235 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,687 Sq Ft Home
  • Crawl Space

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 15-00003-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,220

Year Built

Built in 1950

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: 1950
  • Remarks Public: Fantastic move-in ready multi-family duplex on a desirable oversized corner lot in lovely neighborhood. Great investment opportunity for strong rental income or perfect for owner occupant to live in one unit and rent the other or for extended families to enjoy both units. Each unit is freshly painted and offers a great layout with private entrances, brand new flooring, spacious bedrooms, lots of closet space, newly updated tiled baths, modern light fixtures. Property is well-maintained with two separate paved driveways and a large yard. Perfectly located in the heart of charming Woodstown within close proximity to top-notch schools, scenic farms/orchards, recreational parks, great shopping, trendy eateries, and more! Easy commute to Delaware and Philly. This beautiful property is truly a must see!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Total Sq Ft: 1687
  • Living Area Sq Ft: 1687
  • Price Per Sq Ft: 222.29
  • Above Grade Finished Sq Ft: 1687
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle
  • 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: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WOODSTOWN-PILESGROVE REGI SCHOOLS
  • School District Key: 300200396393
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9235.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5220.00
  • Assessor Parcel Number: 15-00003-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1687
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/04/2025

MLS Schools

  • School District Name: WOODSTOWN-PILESGROVE REGI SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Feb 3, 2025
Sold by
Morabito Carmelo A
Bought by
Normil Pola
Seller's Agent
Carmelo Morabito
Keller Williams Realty East Monmouth
Buyer's Agent
Andrew M. Kraft
Realty Mark Cityscape-King of Prussia
List Price
$489,000
Sold Price
$287,000
Premium/Discount to List
-$202,000
-41.31%
Views
170
Current Estimated Value
$288,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094
Avg. Annual Appreciation
0.68%
Original Mortgage
$17,000
Outstanding Balance
$6,858
Interest Rate
6.85%
Estimated Equity
$281,236

Purchase Details

Closed on
Aug 28, 2023
Sold by
Sheriff Of The County Of Salem
Bought by
Pnc Bank National Association

Purchase Details

Listed on
Jun 26, 2014
Closed on
Dec 3, 2014
Sold by
Lindeman Tracey L
Bought by
Retama Mario
Seller's Agent
Jeanne D'Ottavi
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Helen Stickelman
Castle Agency LLC
List Price
$144,900
Sold Price
$136,500
Premium/Discount to List
-$8,400
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jan 7, 2011
Sold by
Rosenstock Donna
Bought by
Lindeman Tracey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2010
Sold by
Kooman Raymond S
Bought by
Lindeman Tracey and Rosenstock Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Davila Amalia
Bought by
Kooman Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2001
Sold by
Deola James W
Bought by
Davila Amalia

Purchase Details

Closed on
Sep 23, 1997
Sold by
Woodside Todd D and Woodside Michele L
Bought by
Deola James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
7.17%
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 Type Sale Price Title Company
Deed $287,000 Trident Land Transfer
Sheriffs Deed -- None Listed On Document
Deed $136,500 Foundation Title
Bargain Sale Deed -- --
Sheriffs Deed $123,000 --
Deed $115,000 West Jersey Title Agency
Bargain Sale Deed $94,000 --
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,000 No Value Available
Open $274,928 FHA
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $12,500 No Value Available
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $94,500 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $48,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $287,000 -23.5% $170 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
09/15/2024 09/15/24 Price Changed $375,000 -6.0% $222 / Sq Ft
08/27/2024 08/27/24 Price Changed $399,000 -8.3% $237 / Sq Ft
08/03/2024 08/03/24 Price Changed $435,000 -11.0% $258 / Sq Ft
07/23/2024 07/23/24 For Sale $489,000 +258.2% $290 / Sq Ft
12/05/2014 12/05/14 Sold $136,500 -5.8% $81 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $144,900 -- $86 / 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
2024 $5,156 $130,000 $56,600 $73,400
2023 $5,156 $130,000 $56,600 $73,400
2022 $5,079 $130,000 $56,600 $73,400
2021 $4,973 $130,000 $56,600 $73,400
2020 $4,861 $130,000 $56,600 $73,400
2019 $4,677 $130,000 $56,600 $73,400
2018 $5,030 $145,000 $56,600 $88,400
2017 $4,923 $145,000 $56,600 $88,400
2016 $4,769 $145,000 $56,600 $88,400
2015 $4,437 $145,000 $56,600 $88,400
2014 -- $145,000 $56,600 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2011680

Bright MLS

APN: 15-00003-0000-00004