NOT LISTED FOR SALE

510 N Broad St Clayton, NJ 08312

Estimated Value: $256,000 - $330,000

-- Bed
-- Bath
2,120 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $208,500 $98 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,044/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Private Lot

About This Home

As of August 2022

Attention Investors... Looking for a solid investment to add to your investment portfolio? Check out this large fully rented duplex with great cashflow. Tenants pay heat and electric. Property being sold "As Is". Great location - close to downtown, area shopping and Delsea Drive (Route 47). Invest in your future today!

Last Agent to Sell the Property

Richard Warner

Warner Real Estate & Auction Company Listed on: 05/19/2022

Last Buyer's Agent

Elizabeth Valero

S. Kelly Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1900

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 66.00 x 125.00
  • Private Lot
  • Property is in average condition

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Plaster Walls
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • Wood Flooring
  • Partial Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water
  • Tax Lot 00036
  • Assessor Parcel Number 01-01902-00036

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $9,369
  • Gross Income $29,000
  • Net Operating Income $19,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Attention Investors... Looking for a solid investment to add to your investment portfolio? Check out this large fully rented duplex with great cashflow. Tenants pay heat and electric. Property being sold "As Is". Great location - close to downtown, area shopping and Delsea Drive (Route 47). Invest in your future today!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2120
  • Living Area Sq Ft: 2120
  • Price Per Sq Ft: 103.30
  • Above Grade Finished Sq Ft: 2120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 510

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • 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: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CLAYTON PUBLIC SCHOOLS
  • School District Key: 300200397412
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 131800.00
  • Land Assessed Value: 29500.00
  • Lot Features: Private
  • Lot Size Acres: 0.19
  • Lot Dimensions: 66.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8250.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: R-C

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 29000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 29000.00
  • Gross Scheduled Income: 29000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 9369.00

Tax Info

  • Assessor Parcel Number: 1958945
  • Tax Annual Amount: 6369.00
  • Assessor Parcel Number: 01-01902-00036
  • Tax Lot: 00036
  • Tax Total Finished Sq Ft: 2120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: CLAYTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 16, 2022
Sold by
Clayton Duplex Llc
Bought by
Serrano-Martinez Ana
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
Elizabeth Valero
S. Kelly Real Estate LLC
List Price
$219,000
Sold Price
$208,500
Premium/Discount to List
-$10,500
-4.79%
Current Estimated Value
$291,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,848
Avg. Annual Appreciation
7.69%
Original Mortgage
$204,723
Outstanding Balance
$196,746
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$64,409

Purchase Details

Closed on
Mar 7, 2006
Sold by
Daniel Waisbord
Bought by
Clayton Duplex Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hud
Bought by
Waisbord Daniel

Purchase Details

Closed on
Mar 17, 2005
Sold by
Allen Patricia A and Allen Jack
Bought by
Hud

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bradley Michael F and Bradley Wendy A
Bought by
Allen Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,650
Interest Rate
6.93%
Mortgage Type
FHA
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
Serrano-Martinez Ana $208,500 Melnicove Howard D
Clayton Duplex Llc -- --
Waisbord Daniel $142,813 Independence Abstract
Hud -- First Financial Title Agency
Allen Patricia A $79,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano-Martinez Ana $204,723
Previous Owner Allen Patricia A $78,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $208,500 -4.8% $98 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $219,000 -- $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 $5,517 $223,800 $70,500 $153,300
2024 $6,518 $222,900 $70,500 $152,400
2023 $6,518 $161,300 $29,500 $131,800
2022 $6,447 $161,300 $29,500 $131,800
2021 $6,364 $161,300 $29,500 $131,800
2020 $6,383 $161,300 $29,500 $131,800
2019 $6,275 $161,300 $29,500 $131,800
2018 $6,186 $161,300 $29,500 $131,800
2017 $6,081 $161,300 $29,500 $131,800
2016 $6,016 $161,300 $29,500 $131,800
2015 $5,839 $161,300 $29,500 $131,800
2014 $6,726 $192,500 $29,500 $163,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Warner

    Seller's Agent in 2022

    Richard Warner

    Warner Real Estate & Auction Company

    (856) 430-0072

    2 in this area

    167 Total Sales

    Richard Warner
    Section Image
  • Elizabeth Valero

    Buyer's Agent in 2022

    Elizabeth Valero

    S. Kelly Real Estate LLC

    (609) 369-6199

    1 in this area

    108 Total Sales

    Elizabeth Valero
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJGL2015982

Bright MLS

APN: 01-01902-0000-00036

New Jersey Gloucester County Clayton 08028

510 N Broad St, Clayton, NJ

This home is located at 510 N Broad St, Clayton, NJ 08312 since 19 May 2022 and is currently estimated at $291,348, approximately $137 per square foot. This property was built in 1900. 510 N Broad St is a home located in Gloucester County with nearby schools including Herma S. Simmons Elementary School, Clayton Middle School, and Clayton High School.

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