NOT LISTED FOR SALE

512 Bergen St Gloucester City, NJ 08030

Estimated Value: $312,000

-- Bed
-- Bath
1,976 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $85,000 $43 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $2,196/month

Highlights

  • No HOA
  • Security Gate
  • En-Suite Primary Bedroom
  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Central Air

About This Home

As of December 2014

This large 2 story colonial has charm. Located on a quite street, the property has 2 units. Unit 1, on the first floor is 1 bedroom. Unit 2, on the second floor is 2 bedrooms. The property is currently a duplex but could be converted to single family. This property has a full unfinished basement, oversized 1 car garage, a large fenced yard, and a large front porch. Call today! Sold as is buyer responsible for any/all certifications and or repairs, township or lender.

Last Agent to Sell the Property

John Swartz

(856) 308-2698 swartzrealestate@gmail.com RE/MAX Preferred - Sewell License #0125598 Listed on: 07/31/2014

Last Buyer's Agent

Haley DeStefano

(856) 981-2717 haley@haleyshomes.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 80x70

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Asbestos

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,976 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Security Gate
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00160-00009

Community Details

Overview

  • No Home Owners Association
  • Gloucester Heights Subdivision

Building Details

  • Operating Expense $4,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Attic, Garage
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1976
  • Living Area Sq Ft: 1976
  • Price Per Sq Ft: 48.53
  • Above Grade Finished Sq Ft: 1976
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 62000.00
  • Land Assessed Value: 29400.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 80X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5600.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1853512
  • Tax Annual Amount: 4795.00
  • Assessor Parcel Number: 14-00160-00009
  • Tax Lot: 00009
  • Tax Year: 2014

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
1St Colonial Community Bank
Bought by
Crescendo Ventures Llc
Current Estimated Value
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,316,970
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$1,004,970

Purchase Details

Closed on
Jun 27, 2019
Sold by
512 Bergen Msrp Llc
Bought by
1St Colonial Community Bank

Purchase Details

Closed on
Mar 12, 2015
Sold by
Main Street Home Buyers Llc and Szkotak Paul
Bought by
512 Bergen Msrp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 31, 2014
Closed on
Dec 30, 2014
Sold by
Crestar Real Estate Investments Llc and Green William S
Bought by
Main Street Home Buyers Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
Haley DeStefano
Real Broker, LLC
List Price
$102,900
Sold Price
$85,000
Premium/Discount to List
-$17,900
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$115,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2014
Sold by
Crestar Homes Of New Jersey Llc
Bought by
Crestar Real Estate Investments Llc

Purchase Details

Closed on
May 12, 2008
Sold by
Burke Dennis P and Burke Anne M
Bought by
Wenick Dale and Wenick Christine

Purchase Details

Closed on
May 23, 2003
Sold by
Orsino Alfred T
Bought by
Burke Dennis P and Burke Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,550
Interest Rate
5.53%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Elwell Lawrence A
Bought by
Orsino Alfred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.05%
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
Crescendo Ventures Llc $357,500 Surety Title Co
1St Colonial Community Bank -- Brennan Title Abstract Llc
512 Bergen Msrp Llc -- Surety Title Co
Main Street Home Buyers Llc $85,000 Surety Title Co Llc
Crestar Real Estate Investments Llc -- None Available
Wenick Dale $139,900 --
Burke Dennis P $84,000 --
Orsino Alfred A $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crescendo Ventures Llc $1,500,000
Previous Owner 512 Bergen Msrp Llc $130,000
Previous Owner Main Street Home Buyers Llc $115,000
Previous Owner Burke Dennis P $75,550
Previous Owner Orsino Alfred A $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $85,000 -17.4% $43 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $102,900 -- $52 / 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 $6,753 $134,700 $33,800 $100,900
2024 $6,740 $134,700 $33,800 $100,900
2023 $6,740 $134,700 $33,800 $100,900
2022 $6,338 $134,700 $33,800 $100,900
2021 $6,274 $134,700 $33,800 $100,900
2020 $6,059 $134,700 $33,800 $100,900
2019 $5,935 $134,700 $33,800 $100,900
2018 $5,819 $134,700 $33,800 $100,900
2017 $5,699 $134,700 $33,800 $100,900
2016 $5,484 $134,700 $33,800 $100,900
2015 $4,938 $134,700 $33,800 $100,900
2014 $4,795 $91,400 $29,400 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003038518

Bright MLS

APN: 14-00160-0000-00009