NOT LISTED FOR SALE

509 Laurel St Beverly, NJ 08010

Estimated Value: $231,000 - $359,000

-- Bed
-- Bath
1,940 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $200,000 $103 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,274/month

7 Days on Market

Highlights

  • Colonial Architecture
  • More Than Two Accessible Exits
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • 2-minute walk to Municipal park Development

About This Home

As of July 2023

Calling all Investors.
This VACANT Duplex is ready for some TLC . Each unit contains 2 bedrooms and 1 bathroom
One unit has suffered some fire damage. But it was only contained to the kitchen only. Property also features a deck, and a garage.
There is minor Fire Damage to one unit, only in the kitchen. Fire was contained and did not cause extensive damage. Other unit is fine. May be minor smoke damage. Just some minor Upgrades, and the property is ready for the New owner.
The Rent use to be $2,000.00 per unit before the fire. So plenty of income for this Duplex.

Last Agent to Sell the Property

Valerie Regan

(856) 725-3895 vnipe1116@gmail.com Real Broker, LLC Listed on: 05/25/2023

Real Broker, LLC

Last Buyer's Agent

Mike Kehoe

(917) 685-0690 Michael.a.kehoe@gmail.com Real Broker, LLC License #2184298

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,657

Year Built

  • Built in 1935

Lot Details

  • 4,813 Sq Ft Lot
  • Lot Dimensions are 45.00 x 107.00

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • 1,940 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Block Foundation

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • Beverly Meadows Subdivision
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 02-01273-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,657

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-05-25
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1940
  • Living Area Sq Ft: 1940
  • Price Per Sq Ft: 103.09
  • Above Grade Finished Sq Ft: 1940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 45.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4813.00
  • Year Assessed: 2022
  • Zoning: DUPLEX

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7657.00
  • Assessor Parcel Number: 02-01273-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1940
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Sep 13, 2023
Sold by
Hans Jagdeep Singh and Hans Mandeep S
Bought by
Little Neck Legacy Llc
Seller's Agent
Valerie Regan
Real Broker, LLC
Buyer's Agent
Mike Kehoe
Real Broker, LLC
List Price
$200,000
Sold Price
$200,000
Views
333
Current Estimated Value
$310,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,848
Avg. Annual Appreciation
22.42%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Singh Mandeep
Bought by
Singh Hans Jagdeep and Hans Mandeep S

Purchase Details

Closed on
Jul 18, 2006
Sold by
Cole David
Bought by
Singh Mandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Federal National Mortgage Association
Bought by
Cole David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2005
Sold by
Durham Gloria and Fountain Edmond
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 1994
Sold by
Piechotta Klaus and Piechotta Helen
Bought by
Durham Gloria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Little Neck Legacy Llc $200,000 None Listed On Document
Singh Hans Jagdeep -- None Available
Singh Mandeep $250,000 First Option Title Agency
Cole David $120,100 None Available
Federal National Mortgage Association -- --
Durham Gloria $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Mandeep $200,000
Previous Owner Cole David $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $200,000 0.0% $103 / Sq Ft
05/25/2023 05/25/23 For Sale $200,000 -- $103 / 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 $7,509 $151,600 $22,100 $129,500
2024 $7,565 $151,600 $22,100 $129,500
2023 $7,565 $151,600 $22,100 $129,500
2022 $7,659 $151,600 $22,100 $129,500
2021 $7,472 $151,600 $22,100 $129,500
2020 $7,268 $151,600 $22,100 $129,500
2019 $7,080 $151,600 $22,100 $129,500
2018 $6,910 $151,600 $22,100 $129,500
2017 $6,825 $151,600 $22,100 $129,500
2016 $6,730 $151,600 $22,100 $129,500
2015 $6,654 $151,600 $22,100 $129,500
2014 $6,343 $151,600 $22,100 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2046988

Bright MLS

APN: 02-01273-0000-00003