$249,000
SOLD MAY 26, 2025

514 Middlesex St Gloucester City, NJ 08030

3 Beds
2 Baths
1,712 Sq Ft
2,100 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

15 Days on Market

Highlights

  • City View
  • More Than Two Accessible Exits
  • Forced Air Heating System
  • No HOA
  • Downtown Location
  • Ceiling Fan

About This Home

As of May 2025

Gloucester City Duplex available at a great price! 2 beds, 1 bath downstairs, 1 bedroom, 1 bath upstairs. The upstairs is currently rented under market value for 975.00 per month. The downstairs was recently vacated. Market rent for downstairs is 1650.00. Market Rent for upstairs is 1200.00. This would give you a NOI of about 29,000 per year, a great CAP rate! Or, live in the bottom floor while your upstairs tenant pays most of your mortgage! This home features a covered front porch and fenced in backyard. Each unit has a nicely sized kitchen and bathroom.

Last Agent to Sell the Property

Karla Jusko

EXIT Realty Defined License #0786955 Listed on: 04/21/2025

Last Buyer's Agent

Christopher Bisono

Ovation Realty LLC

Ovation Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1900

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 20.00 x 105.00
  • Downtown Location

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,712 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Carpet
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-00177-00008

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,747

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Current Tenants Lease
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Gloucester City Duplex available at a great price! 2 beds, 1 bath downstairs, 1 bedroom, 1 bath upstairs. The upstairs is currently rented under market value for 975.00 per month. The downstairs was recently vacated. Market rent for downstairs is 1650.00. Market Rent for upstairs is 1200.00. This would give you a NOI of about 29,000 per year, a great CAP rate! Or, live in the bottom floor while your upstairs tenant pays most of your mortgage! This home features a covered front porch and fenced in backyard. Each unit has a nicely sized kitchen and bathroom.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1712
  • Living Area Sq Ft: 1712
  • Price Per Sq Ft: 145.44
  • Above Grade Finished Sq Ft: 1712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Year Assessed: 2024
  • Zoning: MULTI
  • Zoning Description: Duplex

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4747.00
  • Assessor Parcel Number: 14-00177-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1712
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/26/2025

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 26, 2025
Sold by
514 Middlesex Llc
Bought by
Rosario Jonathan
Seller's Agent
Karla Jusko
EXIT Realty Defined
Buyer's Agent
Christopher Bisono
Ovation Realty LLC
List Price
$249,000
Sold Price
$249,000
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$246,453
Outstanding Balance
$246,243
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$3,610

Purchase Details

Listed on
Oct 9, 2021
Closed on
Jan 4, 2022
Sold by
Orsino John F and Orsino Lisa A
Bought by
514 Middlesex Llc
Seller's Agent
Kenneth Zane
Harvest Realty
Buyer's Agent
YASHAR EBADY
Real Broker, LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$132,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Leotta Raymond W
Bought by
Johnson Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
5.71%

Purchase Details

Closed on
Nov 30, 1998
Sold by
M C Waterloo Inc
Bought by
Leotta Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.85%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $251,000 American Land Title
Deed $165,000 National Integrity
Deed $119,900 --
Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,453 FHA
Previous Owner $132,000 New Conventional
Previous Owner $55,000 New Conventional
Previous Owner $95,920 No Value Available
Previous Owner $82,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 Sold $249,000 0.0% $145 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $249,000 +50.9% $145 / Sq Ft
01/06/2022 01/06/22 Sold $165,000 0.0% $107 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $165,000 -- $107 / 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 $4,747 $94,700 $16,200 $78,500
2024 $4,739 $94,700 $16,200 $78,500
2023 $4,739 $94,700 $16,200 $78,500
2022 $4,456 $94,700 $16,200 $78,500
2021 $4,411 $94,700 $16,200 $78,500
2020 $4,260 $94,700 $16,200 $78,500
2019 $4,172 $94,700 $16,200 $78,500
2018 $4,091 $94,700 $16,200 $78,500
2017 $4,007 $94,700 $16,200 $78,500
2016 $3,855 $94,700 $16,200 $78,500
2015 $3,472 $94,700 $16,200 $78,500
2014 $3,279 $62,500 $10,600 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2089944

Bright MLS

APN: 14-00177-0000-00008