$435,000
SOLD APR 10, 2023

5 Francis St Wrightstown, NJ 08562

-- Bed
-- Bath
2,320 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

8% Below List Price

24 Days on Market

Highlights

  • Colonial Architecture
  • Additional Land
  • Hot Water Baseboard Heater

About This Home

As of April 2023

Extremely hard to find 5 apartment dwelling in Has passed Dept. of Community Affairs State inspection. Building is well maintained. 1st apt., (which is 2nd and 3rd flrs,) -liv. rm. bed., bath kitchen , $1100 a month) (mo. to mo), 2nd apt.,-efficiency 1 bed., kitchen, bath $615 a mo. (expires Aug. 2023), will increase to 675 5/1/23 ( market rate can be $1100 mo) 3rd apt., 2 beds, liv. rm. bath, kitchen $825 mo. (mo. to mo), (effect. 5/1/23 $1025 ( market rate can be $1450 mo.)(4th apt., -efficiency $650 a month (mo. to mo), (
Effect. 5/1/23 rent will be $850 mo, ( can rent for $1000 mo. (5th apt., $650 a month (mo to mo), (Effec. 5/1/23 rent will be 700 mo. (could rent for $1100 mo,) Rentals are well below market (longtime tenants). Landlord pays heat ($150 month) landlord pays water and sewer combined ($1500 per quarter). Tenants pay their own electric. 1 year old heater. NO RENT CONTROL.

Last Agent to Sell the Property

DENNIS BREZA

BHHS Fox & Roach - Robbinsville License #7834344 Listed on: 02/14/2023

BHHS Fox & Roach - Robbinsville

Last Buyer's Agent

Tara Agnese

Keller Williams Realty Monmouth/Ocean

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1953

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Additional Land

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for heat, sewer, water
  • Tax Lot 00001
  • Assessor Parcel Number 40-00602-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Tenants possessions
  • Inclusions: All refrigerators
  • New Construction: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 204.74
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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
  • Cooling Fuel: Electric
  • 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
  • Municipal Trash: Yes

Schools

  • School District: NEW HANOVER TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397513
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10001.00
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Number Of Units Month To Month: 5
  • Owner Pays: Heat, Sewer, Water
  • Units Leased Count: 5
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Tax Annual Amount: 5492.00
  • Assessor Parcel Number: 40-00602-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/10/2023

MLS Schools

  • School District Name: NEW HANOVER TOWNSHIP PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Rented $16,800 +1100.0% --
05/08/2023 05/08/23 For Rent $1,400 0.0% --
04/10/2023 04/10/23 Sold $435,000 -8.4% $188 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $475,000 -- $205 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2041178

Bright MLS