Seller's Agent in 2024
Raleigh Lewis
Weichert Corporate
(609) 914-5201
4 in this area
34 Total Sales
520 N 2nd St Unit 522 Millville, NJ 08332
Estimated Value: $294,000 - $415,985
Studio
--
Bath
2,704
Sq Ft
$129/Sq Ft
Est. Value
About This Home
As of July 2024Come see a property truly like no other now available in Millville NJ! Absolutely turn-key with a brand new roof, windows, flooring, forced air conditioning units, and a hot water heater, this property ensures both comfort and efficiency for its occupants. Step inside the first-floor unit, where indulgence awaits with four spacious bedrooms and two full baths. The kitchen is a chefs dream, featuring top of the line brand new Frigidaire appliances including a five-burner gas range and a sleek refrigerator. Kitchen offers beautiful quartz countertops, subway tile backsplash, and custom cabinetry. The ceramic tile flooring adds a touch of elegance, while the expansive living room provides the perfect setting for relaxation or entertainment, complete with strategically positioned flat screen outlets. But here's where it gets even more exciting! This property isn't just one home, it's potentially three! You have the opportunity to convert the first floor into a duplex in itself and watch your rental income soar. Head upstairs to discover another beautifully appointed unit, boasting three bedrooms and one bath, with all the same luxurious finishes and attention to detail. With the potential to earn $5,000 a month or $60,000 annually in rental income, this duplex isn't just a home, it's a smart investment opportunity. Live in one unit, rent out the others, and let your property work for you, all while enjoying the pinnacle of modern living. Don't miss out on the chance to own this dream property in Millville, where luxury, income potential, and lifestyle converge in perfect harmony.
Last Agent to Sell the Property
(856) 424-7758 jnaame@weichertrealtors.net Weichert Realtors-Cherry Hill License #2077404 Listed on: 04/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,163
Year Built
- Built in 1932 | Remodeled in 2024
Lot Details
- 6,400 Sq Ft Lot
- Lot Dimensions are 40.00 x 160
- Property is in excellent condition
Home Design
- Duplex
- Side-by-Side
- Poured Concrete
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,704 Sq Ft Home
- Laminate Flooring
- Basement
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 10-00358-00011
Community Details
Overview
- 2 Units
Building Details
- 2 Vacant Units
- Gross Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Jul 29, 2024
Sold by
Almanzar Lenny
Bought by
Dickerson Lemar and Dickerson Orrin
Seller's Agent
Raleigh Lewis
Weichert Realtors-Cherry Hill
Buyer's Agent
Tamara Gregory
EXP Realty, LLC
List Price
$429,900
Sold Price
$402,000
Premium/Discount to List
-$27,900
-6.49%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,504
Avg. Annual Appreciation
-8.13%
Original Mortgage
$387,845
Outstanding Balance
$383,456
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$33,960
Purchase Details
Closed on
Feb 22, 2023
Sold by
Smith Darius
Bought by
Almanzar Lenny
Purchase Details
Closed on
Jul 29, 2022
Sold by
City Of Millville
Bought by
Smith Darius
Purchase Details
Closed on
Apr 14, 1995
Sold by
Bailey M Craig and Bailey Rhoda J
Bought by
Laterre & Associates
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dickerson Lemar | $402,000 | Collegiate Title | |
| Dickerson Lemar | $402,000 | Collegiate Title | |
| Almanzar Lenny | $37,000 | Wfg National Title | |
| Smith Darius | $2,500 | Russell Brock D | |
| Smith Darius | $2,500 | Russell Brock D | |
| Laterre & Associates | -- | Continental Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dickerson Lemar | $387,845 | |
| Closed | Dickerson Lemar | $387,845 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $402,000 | -2.0% | $149 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 06/03/2024 06/03/24 | Price Changed | $409,999 | -4.6% | $152 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $429,900 | -- | $159 / Sq Ft |
Source: Bright MLS
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 | $1,174 | $190,400 | $17,000 | $173,400 |
| 2024 | $1,174 | $29,900 | $17,000 | $12,900 |
Source: Public Records
Agents Affiliated with this Home
-
Raleigh Lewis
-
Tamara Gregory
T
Buyer's Agent in 2024
Tamara Gregory
EXP Realty, LLC
(856) 484-7512
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2017660
APN: 10-00358-0000-00011
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