Seller's Agent in 2021
Brian Menchel
Connection Property Management
(609) 923-4363
1 in this area
53 Total Sales
5 Alexander Ave Merchantville, NJ 08109
Estimated Value: $367,443 - $431,000
--
Bed
--
Bath
2,000
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- 90% Forced Air Heating and Cooling System
About This Home
As of December 2021Investor Alert! Beautiful duplex in desirable Merchantville. Gas heat Central Air split systems both just 2 years old. Beautiful new back porch and new Trex deck. (over $40,000 in improvements) This property is fully occupied, long term, very good tenants. 1st floor tenant pays $1300./mo. lease ends 10/31/2021. 2nd floor tenant pays $1050./mo. plus he cuts the lawn, lease ends 02/28/22. Tenants pay gas and electric on split systems; owner pays water, sewer and ccmua.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,720
Year Built
- Built in 1984
Lot Details
- 5,500 Sq Ft Lot
- Lot Dimensions are 50.00 x 110.00
Parking
- Driveway
Home Design
- 2,000 Sq Ft Home
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Utilities
- 90% Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 24-00022-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2021
Closed on
Dec 8, 2021
Sold by
Jean Anglade
Bought by
Cronin-White Cynthia
Seller's Agent
Brian Menchel
Connection Property Management
Buyer's Agent
Patti Blosfelds
Coldwell Banker Realty
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
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
$106,052
Avg. Annual Appreciation
8.76%
Original Mortgage
$120,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 17, 2013
Closed on
Feb 26, 2014
Sold by
Ebbrecht Fred C and Ebbrecht Maria
Bought by
Anglade Jean and Anglade Bernarda
Seller's Agent
Michael Dinella
Coldwell Banker Realty
Buyer's Agent
Lucy Simone
BHHS Fox & Roach-Cherry Hill
List Price
$249,900
Sold Price
$160,000
Premium/Discount to List
-$89,900
-35.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Purchase Details
Listed on
Apr 17, 2013
Closed on
Jan 26, 2014
Sold by
Ebbrecht Fred C and Ebbrecht Maria
Bought by
Anglade Jean and Anglade Bernarda
Seller's Agent
Michael Dinella
Coldwell Banker Realty
Buyer's Agent
Lucy Simone
BHHS Fox & Roach-Cherry Hill
List Price
$249,900
Sold Price
$160,000
Premium/Discount to List
-$89,900
-35.97%
Purchase Details
Closed on
May 27, 1999
Sold by
Fleischhacker Wayne
Bought by
Ebbrecht Fred C and Ebbrecht Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.49%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cronin-White Cynthia | $290,000 | New Title Company Name | |
| Anglade Jean | $160,000 | Fidelity Natl Title Ins Co | |
| Anglade Jean | $160,000 | Fidelity Natl Title Ins Co | |
| Ebbrecht Fred C | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cronin-White Cynthia | $120,000 | |
| Previous Owner | Ebbrecht Fred C | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2021 12/13/21 | Sold | $290,000 | -3.3% | $145 / Sq Ft |
| 11/04/2021 11/04/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $300,000 | 0.0% | $150 / Sq Ft |
| 09/20/2019 09/20/19 | Rented | $1,300 | 0.0% | -- |
| 09/19/2019 09/19/19 | Under Contract | -- | -- | -- |
| 09/04/2019 09/04/19 | For Rent | $1,300 | 0.0% | -- |
| 02/26/2014 02/26/14 | Sold | $160,000 | -36.0% | -- |
| 01/27/2014 01/27/14 | Pending | -- | -- | -- |
| 04/17/2013 04/17/13 | For Sale | $249,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $8,526 | $160,000 | $58,000 | $102,000 |
| 2024 | $8,117 | $160,000 | $58,000 | $102,000 |
| 2023 | $8,117 | $160,000 | $58,000 | $102,000 |
| 2022 | $7,773 | $160,000 | $58,000 | $102,000 |
| 2021 | $7,720 | $160,000 | $58,000 | $102,000 |
| 2020 | $7,570 | $160,000 | $58,000 | $102,000 |
| 2019 | $7,429 | $160,000 | $58,000 | $102,000 |
| 2018 | $7,075 | $160,000 | $58,000 | $102,000 |
| 2017 | $6,776 | $160,000 | $58,000 | $102,000 |
| 2016 | $6,466 | $160,000 | $58,000 | $102,000 |
| 2015 | $7,661 | $199,600 | $58,000 | $141,600 |
| 2014 | $7,381 | $199,600 | $58,000 | $141,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Patti Blosfelds
Coldwell Banker Realty
(856) 235-0101
1 in this area
79 Total Sales
-
L
Seller's Agent in 2019
Lucy Simone
BHHS Fox & Roach
(609) 220-7660
7 Total Sales
-
Seller's Agent in 2014
Michael Dinella
Coldwell Banker Realty
(609) 405-6300
115 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2005104
APN: 24-00022-0000-00002
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