NOT LISTED FOR SALE

508 Station Ave Haddon Heights, NJ 08035

Estimated Value: $325,244

-- Bed
-- Bath
1,400 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $261,000 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,364/month

54 Days on Market

Highlights

  • Deck
  • Bathtub with Shower
  • Ceiling Fan
  • Bay Window
  • Downtown Location
  • Replacement Windows

About This Home

As of February 2022

LOW TAXES, Low Maintenance, and well-maintained INVESTMENT Opportunity. NEW siding, NEW HOT WATER HEATERS (2 of them), NEW Windows. This fully rented multi-use DUPLEX is located in the heart of Haddon Heights on bustling Station Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor retail shop is a popular established Beauty Salon Shop. The second unit is a two-story 3-bedroom apartment with a separate entrance from the rear, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer. There is a full basement with good head heights for tons of storage. In the rear of the building is public parking that you only need to get a permit from Haddon Heights. Convenient downtown location close to restaurants, breweries, transportation, major highways, bridges, and airport. Philadelphia is just 7 minutes away! The property is in good condition however it is being sold in As-Is. condition. Apartment rents quickly and is a great space if you want to work below in the shop.

Last Agent to Sell the Property

Suzanne Hoover

Compass New Jersey, LLC - Haddon Township License #903552 Listed on: 09/05/2021

Compass New Jersey, LLC - Haddon Township

Last Buyer's Agent

Suzanne Hoover

Compass New Jersey, LLC - Haddon Township License #903552 Listed on: 09/05/2021

Compass New Jersey, LLC - Haddon Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00
  • Downtown Location
  • Level Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Bathtub with Shower
  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Double Hung Windows
  • Bay Window
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range
  • Gas Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

  • Haddon Heights Jr Sr Middle School
  • Haddon Heights High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for lawn/shrub care, sewer, water, insurance
  • Tax Lot 00004
  • Assessor Parcel Number 18-00026-00004

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • Income includes apartment rentals, shop rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Beauty Salon equipment and washer and dryer
  • Inclusions: Washer, Dryer, Refrigerator, Ceiling Fans, Light Fixtures
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: LOW TAXES, Low Maintenance, and well-maintained INVESTMENT Opportunity. NEW siding, NEW HOT WATER HEATERS (2 of them), NEW Windows. This fully rented multi-use DUPLEX is located in the heart of Haddon Heights on bustling Station Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor retail shop is a popular established Beauty Salon Shop. The second unit is a two-story 3-bedroom apartment with a separate entrance from the rear, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer. There is a full basement with good head heights for tons of storage. In the rear of the building is public parking that you only need to get a permit from Haddon Heights. Convenient downtown location close to restaurants, breweries, transportation, major highways, bridges, and airport. Philadelphia is just 7 minutes away! The property is in good condition however it is being sold in As-Is. condition. Apartment rents quickly and is a great space if you want to work below in the shop.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Dryer - Gas
  • Interior Amenities: Ceiling Fan(s), Tub Shower
  • Window Features: Double Hung, Bay/Bow, Replacement
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 185.64
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Gutter System, Sidewalks, Street Lights
  • Roof: Flat
  • 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: 10
  • Type Of Parking: On Street, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: HADDON HEIGHTS SCHOOLS
  • Middle School: HADDON HEIGHTS JR SR
  • High School: HADDON HEIGHTS H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396983
  • School District Source: Listing Agent
  • High School: HADDON HEIGHTS H.S.
  • Middle Or Junior School: HADDON HEIGHTS JR SR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118300.00
  • Land Assessed Value: 85000.00
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: COMMERCIAL

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Lawn/Shrub Care, Sewer, Water, Insurance
  • Rent Control: No
  • Total Actual Rent: 2325.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals, Shop Rentals

Tax Info

  • Assessor Parcel Number: 1887688
  • Tax Annual Amount: 6882.00
  • Assessor Parcel Number: 18-00026-00004
  • Tax Lot: 00004
  • Tax Page Number: 126
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/02/2022

MLS Schools

  • School District Name: HADDON HEIGHTS SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Jan 27, 2022
Sold by
Koble Arline J
Bought by
Ippolito Joseph and Ippolito Andrea M
Seller's Agent
Suzanne Hoover
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Suzanne Hoover
Compass New Jersey, LLC - Haddon Township
List Price
$259,900
Sold Price
$261,000
Premium/Discount to List
$1,100
0.42%
Current Estimated Value
$325,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,244
Original Mortgage
$208,800
Outstanding Balance
$194,255
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2021
Sold by
Williams George and Williams Kathleen
Bought by
Kenney Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1994
Sold by
Long James
Bought by
Roble Arline
Source: Public Records

Range of Values:

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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
Ippolito Joseph $261,000 American Home Title
Kenney Lindsay $325,000 Fidelity National Ttl Ins Co
Roble Arline $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ippolito Joseph P $208,800
Closed Ippolito Joseph $208,800
Previous Owner Kenney Lindsay $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $261,000 +0.4% $186 / Sq Ft
11/30/2021 11/30/21 Price Changed $259,900 0.0% $186 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $259,900 -- $186 / 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 $6,994 $203,300 $85,000 $118,300
2024 $6,920 $203,300 $85,000 $118,300
2023 $6,920 $203,300 $85,000 $118,300
2022 $6,902 $203,300 $85,000 $118,300
2021 $6,882 $203,300 $85,000 $118,300
2020 $6,770 $203,300 $85,000 $118,300
2019 $6,656 $203,300 $85,000 $118,300
2018 $6,550 $203,300 $85,000 $118,300
2017 $6,378 $203,300 $85,000 $118,300
2016 $6,278 $203,300 $85,000 $118,300
2015 $6,148 $203,300 $85,000 $118,300
2014 $5,953 $203,300 $85,000 $118,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2006310

Bright MLS

APN: 18-00026-0000-00004