NOT LISTED FOR SALE

518 N Black Horse Pike Runnemede, NJ 08078

Estimated Value: $390,000 - $473,924

-- Bed
-- Bath
2,315 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $430,000 $186 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,092/month

5 Days on Market

About This Home

As of February 2024

Investor alert!! Great income producing quad in Runnemede! This property has 1 studio units, 2 one bedroom unit, and 1 two bedroom unit. All units are occupied and they currently bring in $4,670/month. The property is in good condition and fully occupied. Contact the listing agent for details and appointments.

Last Agent to Sell the Property

Anthony Causerano

(856) 265-5190 acauserano@bcgroupsells.com Keller Williams Realty - Cherry Hill License #344297 Listed on: 01/12/2024

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Tara Maloney

(856) 283-8451 taramaloney1@yahoo.com Keller Williams Realty - Marlton

Keller Williams Realty - Marlton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,426

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 135.00 x 0.00

Parking

  • Driveway

Home Design

  • Quadruplex
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,315 Sq Ft Home
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 30-00047-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,426

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-01-25
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Total Sq Ft: 2315
  • Living Area Sq Ft: 2315
  • Price Per Sq Ft: 172.79
  • Above Grade Finished Sq Ft: 2315
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • School District Key: 300200396979
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 135.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: MULTI- FAMILY

Rental Info

  • Rent Control: No
  • Total Actual Rent: 56040.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Single Room Units Count: 2

Tax Info

  • Tax Annual Amount: 8426.00
  • Assessor Parcel Number: 30-00047-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2315
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/20/2024

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 20, 2024
Sold by
Cami Kreshnik
Bought by
Singh Sahijpreet and Singh Gurvinder
Seller's Agent
Anthony Causerano
Keller Williams Realty - Cherry Hill
Buyer's Agent
Tara Maloney
Keller Williams Realty - Marlton
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%
Views
58
Current Estimated Value
$443,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,981
Avg. Annual Appreciation
2.03%
Original Mortgage
$322,500
Outstanding Balance
$317,136
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$126,845

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 13, 2021
Sold by
Affinity 2 Llc
Bought by
Cami Kreshnik
Seller's Agent
Monica Francesco
Keller Williams Realty - Washington Township
Buyer's Agent
Patrick Derrico
Better Homes and Gardens Real Estate Maturo
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Original Mortgage
$221,250
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
County Of Camden
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 17, 2006
Sold by
Horner Thomas S
Bought by
Archibald Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Trombetta Richard
Bought by
Horner Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Singh Sahijpreet $430,000 Surety Title
Singh Sahijpreet $430,000 Surety Title
Cami Kreshnik $295,000 National Integrity Llc
Fannie Mae -- None Available
Archibald Stephen E $275,000 --
Horner Thomas S $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Sahijpreet $322,500
Closed Singh Sahijpreet $322,500
Previous Owner Cami Kreshnik $221,250
Previous Owner Affinity 2 Llc $190,000
Previous Owner Archibald Stephen E $220,000
Previous Owner Horner Thomas S $172,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $430,000 +7.5% $186 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $400,000 +35.6% $173 / Sq Ft
09/24/2021 09/24/21 Sold $295,000 -10.6% $127 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $330,000 -5.7% $143 / Sq Ft
07/06/2021 07/06/21 For Sale $350,000 +236.5% $151 / Sq Ft
11/28/2017 11/28/17 Sold $104,000 -9.5% $45 / Sq Ft
10/25/2017 10/25/17 For Sale $114,900 0.0% $50 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $114,900 -8.4% $50 / Sq Ft
09/06/2017 09/06/17 Price Changed $125,500 -8.1% $54 / Sq Ft
08/02/2017 08/02/17 For Sale $136,500 -- $59 / 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 $8,976 $199,200 $93,600 $105,600
2024 $8,703 $199,200 $93,600 $105,600
2023 $8,703 $199,200 $93,600 $105,600
2022 $8,426 $199,200 $93,600 $105,600
2021 $8,227 $199,200 $93,600 $105,600
2020 $8,963 $219,200 $93,600 $125,600
2019 $8,799 $219,200 $93,600 $125,600
2018 $8,630 $219,200 $93,600 $125,600
2017 $8,409 $219,200 $93,600 $125,600
2016 $8,303 $219,200 $93,600 $125,600
2015 $8,327 $219,200 $93,600 $125,600
2014 $8,220 $219,200 $93,600 $125,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2059618

Bright MLS

APN: 30-00047-0000-00002