NOT LISTED FOR SALE

504 W Broad St Gibbstown, NJ 08027

Greenwich Township Neighborhood
-- Bed
-- Bath
3,572 Sq Ft
7,501 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $279,900 $78 Per Sq Ft

30 Days on Market

About This Home

As of August 2022

An Absolute Money maker just hit the market! Check out this Quadplex with 3 Residential Rentals and 1 Storefront! Currently there are 2 units rented, 1st Floor 1 Bedroom unit has a tenant that has been there over 7 years ($770 a month) and unit 2B that is a 2 Bedroom unit being rented for $975 a month (Lease ends in October but would like to stay). There is another 1 bedroom unit upstairs that could be rented for about $975 and a large storefront with basement access for storage that could be rented for $1,100 a month or more! (Both units became vacant June 1st, 2022). Add it all together and you get $3,820 in income a month!!! Plus LOW Taxes ($6,200)!!!!! Everything in the building is electric and separated for each unit. There is also shared storage for units 2a & 2B upstairs and a very large attic that could also be used for additional storage with pull down stairs too. A full basement that is the footprint of the building which has access through the storefront and through bilco doors outside could be a separate income as well (Able to lock door from basement/store). So many possibilities for this gem! Schedule your appointment today!

Last Agent to Sell the Property

KELLY SKAY GILLIES

BHHS Fox & Roach-Mullica Hill South Listed on: 06/13/2022

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Warren Knowles

BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1920

Lot Details

  • 7,501 Sq Ft Lot

Home Design

  • 3,572 Sq Ft Home
  • Quadruplex
  • Dwelling with Rental
  • Brick Foundation
  • Permanent Foundation
  • Stone Foundation
  • Frame Construction

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Driveway Space
  • On-Street Parking
  • Parking Lot

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 00004
  • Assessor Parcel Number 07-00063-00004

Community Details

Overview

  • 4 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals, shop rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,137

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • Inclusions: 3 Refrigerators
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent, Stone, Brick/Mortar
  • Total Sq Ft: 3572
  • Living Area Sq Ft: 3572
  • Price Per Sq Ft: 78.36
  • Above Grade Finished Sq Ft: 3572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Parking Lot, Driveway
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: GREENWICH TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396129
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Year Assessed: 2021
  • Zoning: 2SFA

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 45840.00
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals, Shop Rentals
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 6137.00
  • Assessor Parcel Number: 07-00063-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 3572
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/01/2022

MLS Schools

  • School District Name: GREENWICH TOWNSHIP PUBLIC SCHOOLS

Range of Values:

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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
08/01/2022 08/01/22 Sold $279,900 0.0% $78 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $279,900 -- $78 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • KELLY SKAY GILLIES

    Seller's Agent in 2022

    KELLY SKAY GILLIES

    BHHS Fox & Roach

    (609) 458-9823

    1 in this area

    146 Total Sales

    Section Image
  • Warren Knowles

    Buyer's Agent in 2022

    Warren Knowles

    BHHS Fox & Roach

    (609) 617-0316

    1 in this area

    145 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL2017084

Bright MLS

New Jersey Gloucester County Gibbstown 08027 Greenwich Township

504 W Broad St, Gibbstown, NJ

This home is located at 504 W Broad St, Gibbstown, NJ 08027 since 13 June 2022. This property was built in 1920. 504 W Broad St is a home located in Gloucester County with nearby schools including Nehaunsey Middle School and Guardian Angels Regional School.

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