NOT LISTED FOR SALE

501-503 E Mulberry St Millville, NJ 08332

Estimated Value: $164,000 - $255,000

-- Bed
-- Bath
3,010 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $140,000 $47 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,629/month

39 Days on Market

Highlights

  • City View
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • More Than Two Accessible Exits
  • Vinyl Flooring

About This Home

As of November 2020

**Calling all investors** This duplex is ready to generate income for you. This duplex features two units which are both 3 bedroom, 1 bath with a basement. Rent out both sides or live in one while renting the other. Both units have 2 bonus rooms on the first level. One can be used as an office while the other can be used as a possible 4th bedroom. Laundry hook-ups in both units as well. This property is being sold in AS-IS condition. Call and make your appointment today!

Last Agent to Sell the Property

Carman Wyman-Charles

Collini Real Estate LLC License #1862480 Listed on: 08/24/2020

Collini Real Estate LLC

Last Buyer's Agent

Calvin Boone

Coldwell Banker Excel Realty

Coldwell Banker Excel Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 1917

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00
  • Property is in good condition

Home Design

  • Duplex
  • Side-by-Side
  • Frame Construction

Interior Spaces

  • 3,010 Sq Ft Home
  • Vinyl Flooring
  • City Views
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Lakeside Middle School
  • Millville Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 10-00425-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,575

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Home Warranty: No
  • Inclusions: Stove, Refrigerator, Ring Camera System
  • New Construction: No
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Remarks Public: **Calling all investors** This duplex is ready to generate income for you. This duplex features two units which are both 3 bedroom, 1 bath with a basement. Rent out both sides or live in one while renting the other. Both units have 2 bonus rooms on the first level. One can be used as an office while the other can be used as a possible 4th bedroom. Laundry hook-ups in both units as well. This property is being sold in AS-IS condition. Call and make your appointment today!
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Total Sq Ft: 3010
  • Living Area Sq Ft: 3010
  • Price Per Sq Ft: 49.83
  • Above Grade Finished Sq Ft: 3010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Street Lights
  • View: City
  • 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, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: MILLVILLE BOARD OF EDUCATION
  • Middle School: LAKESIDE
  • High School: MILLVILLE SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396113
  • School District Source: 3rd Party
  • High School: MILLVILLE SENIOR
  • Middle Or Junior School: LAKESIDE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 83200.00
  • Land Assessed Value: 15900.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R-5

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3136531
  • Tax Annual Amount: 3575.00
  • Assessor Parcel Number: 10-00425-00001
  • Tax Lot: 00001
  • Tax Page Number: 5492
  • Tax Total Finished Sq Ft: 3010
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/24/2020

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 18, 2020
Sold by
Anagbo Delawe
Bought by
Davis Ashley
Seller's Agent
Carman Wyman-Charles
Collini Real Estate LLC
Buyer's Agent
Calvin Boone
Coldwell Banker Excel Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$222,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,782
Avg. Annual Appreciation
11.36%
Original Mortgage
$135,327
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2017
Sold by
Williams Kenneth E
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Dec 19, 2005
Sold by
Siligato Samuel R
Bought by
Williams Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,720
Interest Rate
6.36%

Purchase Details

Closed on
Dec 2, 2003
Sold by
Vasslides William E
Bought by
Siligato Samuel R
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
Davis Ashley $140,000 None Available
Bank Of New York Mellon $2,319 None Available
Williams Kenneth $165,900 --
Siligato Samuel R $53,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Ashley $135,327
Previous Owner Williams Kenneth $132,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $140,000 -6.7% $47 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $150,000 0.0% $50 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $150,000 -- $50 / 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 $4,981 $126,900 $15,900 $111,000
2024 $4,981 $126,900 $15,900 $111,000
2023 $4,939 $126,900 $15,900 $111,000
2022 $4,811 $126,900 $15,900 $111,000
2021 $4,654 $99,100 $15,900 $83,200
2020 $3,575 $99,100 $15,900 $83,200
2019 $3,409 $99,100 $15,900 $83,200
2018 $3,339 $99,100 $15,900 $83,200
2017 $3,308 $99,100 $15,900 $83,200
2016 $3,266 $99,100 $15,900 $83,200
2015 $3,193 $99,100 $15,900 $83,200
2014 $3,199 $99,100 $15,900 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB128482

Bright MLS

APN: 10-00425-0000-00001