NOT LISTED FOR SALE

5 Cedar Ave Westville, NJ 08093

Estimated Value: $238,000 - $291,000

-- Bed
-- Bath
1,350 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $187,000 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,031/month

About This Home

As of April 2022

Looking for a good investment? Hard to find multi-family home under $200,000! Legally zoned duplex offers separate utilities, except water. Rentals are becoming harder and harder to find. This is a great investment to add to your portfolio. Maybe live in one unit and rent the other? Check out this all brick over/under duplex located in Westville. Both are one-bedroom units in good condition. Take advantage of today's low prices and interest rates and invest in your future now!! Rental prices for 1-bedroom apartments are going for $1,000 to over $1200 a month. Close to public transportation, minutes from Philadelphia and shopping.

Last Agent to Sell the Property

Paul Ciervo

(856) 534-9123 paulciervo@comcast.net Keller Williams - Main Street Listed on: 03/01/2022

Keller Williams - Main Street

Last Buyer's Agent

Leah Smith

(215) 771-5651 Lnsmith0815@gmail.com Compass New Jersey, LLC - Haddon Township License #RS364367

Compass New Jersey, LLC - Haddon Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,265

Year Built

  • Built in 1946

Lot Details

  • 2,640 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Split Level Home
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Ceramic Tile

Schools

  • Gateway Regional High School

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 21-00076-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,265

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1946
  • Automatically Close On Close Date: Yes
  • Remarks Public: Looking for a good investment? Hard to find multi-family home under $200,000! Legally zoned duplex offers separate utilities, except water. Rentals are becoming harder and harder to find. This is a great investment to add to your portfolio. Maybe live in one unit and rent the other? Check out this all brick over/under duplex located in Westville. Both are one-bedroom units in good condition. Take advantage of today's low prices and interest rates and invest in your future now!! Rental prices for 1-bedroom apartments are going for $1,000 to over $1200 a month. Close to public transportation, minutes from Philadelphia and shopping.
  • Special Features: None

Interior Features

  • Flooring Type: Laminated, Ceramic Tile
  • Foundation Details: Block
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 125.85
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WESTVILLE PUBLIC SCHOOLS
  • High School: GATEWAY REGIONAL H.S.
  • School District Key: 300200396137
  • School District Source: Listing Agent
  • High School: GATEWAY REGIONAL H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 85400.00
  • Land Assessed Value: 25600.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2640.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2056161
  • Tax Annual Amount: 5265.00
  • Assessor Parcel Number: 21-00076-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/07/2022

MLS Schools

  • School District Name: WESTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 11, 2022
Sold by
Sgg Contracting Inc
Bought by
Delborrello Michael and Weber Matthew
Seller's Agent
Paul Ciervo
Keller Williams - Main Street
Buyer's Agent
Leah Smith
Compass New Jersey, LLC - Haddon Township
List Price
$169,900
Sold Price
$187,000
Premium/Discount to List
$17,100
10.06%
Current Estimated Value
$270,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,789
Avg. Annual Appreciation
11.26%
Original Mortgage
$116,200
Outstanding Balance
$95,220
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$175,569

Purchase Details

Closed on
Oct 4, 2021
Sold by
Acito Cecile Klein
Bought by
Sgg Contracting Inc

Purchase Details

Closed on
Apr 20, 2003
Sold by
Destefano John and Destefano Jeanne
Bought by
Klein Acito Jr Frank W and Klein Acito Cecile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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
Delborrello Michael $175,000 Wollman David A
Delborrello Michael $175,000 None Listed On Document
Sgg Contracting Inc $60,764 Homestead Title Agency
Sgg Contracting Inc $60,764 Homestead Title
Klein Acito Jr Frank W $82,500 Congress
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delborrello Michael $116,200
Closed Delborrello Michael $116,200
Previous Owner Klein Acito Jr Frank W $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $187,000 +10.1% $139 / Sq Ft
03/07/2022 03/07/22 For Sale $169,900 -9.1% $126 / Sq Ft
03/06/2022 03/06/22 Off Market $187,000 -- --
03/06/2022 03/06/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $169,900 -- $126 / 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 $7,144 $131,300 $25,600 $105,700
2024 $6,916 $131,300 $25,600 $105,700
2023 $6,916 $131,300 $25,600 $105,700
2022 $5,679 $111,000 $25,600 $85,400
2021 $5,577 $111,000 $25,600 $85,400
2020 $5,408 $111,000 $25,600 $85,400
2019 $5,266 $111,000 $25,600 $85,400
2018 $5,038 $111,000 $25,600 $85,400
2017 $5,175 $111,000 $25,600 $85,400
2016 $5,004 $111,000 $25,600 $85,400
2015 $4,780 $111,000 $25,600 $85,400
2014 $4,571 $123,000 $28,100 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2012366

Bright MLS

APN: 21-00076-0000-00015