NOT LISTED FOR SALE

526 S Fairview St Riverside, NJ 08075

Riverside Township Neighborhood

Estimated Value: $361,000 - $466,000

-- Bed
-- Bath
2,366 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $325,000 $137 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,818/month

Highlights

  • Victorian Architecture
  • 1 Car Detached Garage
  • Hot Water Baseboard Heater
  • No HOA
  • Electric Baseboard Heater

About This Home

As of July 2021

10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per month 3 bed/1 bath with large living room, generous kitchen, dining room area, rear deck & use of spacious backyard & basement! Unit A 2nd & 3rd floor $900 per month. 1 bed/1 bath with modern kitchen with granite countertops & tile backsplash, stainless steel appliances, cozy living room & very large finished attic that could easily be used as a home office, abundant storage space, private front porch! Unit B $725 per month 1st floor efficiency 1 bed/1 bath with living main living area, kitchen & front porch! Multiple Roofs Replaced in 2018! Oversized driveway with parking for 5 cars! Oversized 1 car garage can be rented separately for additional $150.00 income or tenants monthly rent can be increased for garage storage to increase already lucrative monthly income! This turnkey 3 unit fully rented Triplex with 5+ car driveway & oversized 1 car garage is a rare & lucrative opportunity with profitability and occupancy options deserves a reservation at the top of your must see list!

Last Agent to Sell the Property

Catherine Boytos

(215) 892-4335 kboytos@gmail.com RE/MAX Properties - Newtown License #1221117 Listed on: 03/14/2021

RE/MAX Properties - Newtown

Last Buyer's Agent

Jerome Washington

(856) 888-4393 homes@bigcityflips.com Neighborhood Assistance Corp. of America (NACA)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1890

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 96.00 x 125.00

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Triplex
  • Victorian Architecture

Interior Spaces

  • 2,366 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for lawn/shrub care, sewer, water
  • Tax Lot 00014
  • Assessor Parcel Number 30-02203-00014

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Fairmount Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,776

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Inclusions: All appliances as shown.
  • New Construction: No
  • Expected On Market: 2021-03-15
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: 10+% cap rate! Rare & lucrative opportunity! Turn key 3 unit fully rented Triplex with large driveway & oversized 1 car garage! Current property combined rent is $3150 per month! $1525 + $900 + $725 = $3150.00. Almost unlimited possibilities for future occupancy options. Continue to rent all 3 units, live in one unit & rent the remaining 2, multi generational family living under one roof. The choice is yours how to utilize this versatile, flexible, profitable property! Unit C 1st floor $1525 per month 3 bed/1 bath with large living room, generous kitchen, dining room area, rear deck & use of spacious backyard & basement! Unit A 2nd & 3rd floor $900 per month. 1 bed/1 bath with modern kitchen with granite countertops & tile backsplash, stainless steel appliances, cozy living room & very large finished attic that could easily be used as a home office, abundant storage space, private front porch! Unit B $725 per month 1st floor efficiency 1 bed/1 bath with living main living area, kitchen & front porch! Multiple Roofs Replaced in 2018! Oversized driveway with parking for 5 cars! Oversized 1 car garage can be rented separately for additional $150.00 income or tenants monthly rent can be increased for garage storage to increase already lucrative monthly income! This turnkey 3 unit fully rented Triplex with 5+ car driveway & oversized 1 car garage is a rare & lucrative opportunity with profitability and occupancy options deserves a reservation at the top of your must see list!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2366
  • Living Area Sq Ft: 2366
  • Price Per Sq Ft: 137.36
  • Above Grade Finished Sq Ft: 2366
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 526

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396961
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 144700.00
  • Land Assessed Value: 59600.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 96.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Owner Pays: Lawn/Shrub Care, Sewer, Water
  • Total Actual Rent: 37800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1732229
  • Tax Annual Amount: 7776.00
  • Assessor Parcel Number: 30-02203-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2366
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/14/2021

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Jul 14, 2021
Sold by
Skerrett Timothy J
Bought by
Long Shazia V
Seller's Agent
Catherine Boytos
RE/MAX Properties - Newtown
Buyer's Agent
Jerome Washington
Neighborhood Assistance Corp. of America (NACA)
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$399,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,729
Avg. Annual Appreciation
5.04%
Original Mortgage
$356,384
Outstanding Balance
$324,063
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$75,666

Purchase Details

Listed on
Jan 27, 2016
Closed on
Jul 29, 2016
Sold by
Nociti Christine J
Bought by
Skerrett Timothy J
Seller's Agent
Sharon Nociti
Mahoney Realty Pennsville, LLC
Buyer's Agent
Frank Wible
RE/MAX ONE Realty
List Price
$265,000
Sold Price
$205,000
Premium/Discount to List
-$60,000
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$201,261
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2010
Sold by
Nociti Christine J and Estate Of Ruth E Raughley
Bought by
Nociti Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.13%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Long Shazia V $325,000 Stewart Title Company
Long Shazia V $325,000 Stewart Title
Skerrett Timothy J $205,000 Attorney
Nociti Christine J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Shazia V $356,384
Closed Long Shazia V $356,384
Previous Owner Skerrett Timothy J $201,261
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $325,000 0.0% $137 / Sq Ft
04/04/2021 04/04/21 Price Changed $325,000 0.0% $137 / Sq Ft
04/04/2021 04/04/21 For Sale $325,000 0.0% $137 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 Off Market $325,000 -- --
03/14/2021 03/14/21 For Sale $314,900 +53.6% $133 / Sq Ft
07/29/2016 07/29/16 Sold $205,000 -22.6% $84 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $265,000 -- $109 / 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 $8,384 $204,300 $59,500 $144,800
2024 $8,170 $204,300 $59,600 $144,700
2023 $8,170 $204,300 $59,600 $144,700
2022 $8,000 $204,300 $59,600 $144,700
2021 $7,915 $204,300 $59,600 $144,700
2020 $7,776 $204,300 $59,600 $144,700
2019 $7,657 $204,300 $59,600 $144,700
2018 $8,024 $215,400 $66,500 $148,900
2017 $7,808 $215,400 $66,500 $148,900
2016 $7,517 $215,400 $66,500 $148,900
2015 $7,373 $215,400 $66,500 $148,900
2014 $7,046 $215,400 $66,500 $148,900
Source: Public Records

Agents Affiliated with this Home

  • Catherine Boytos

    Seller's Agent in 2021

    Catherine Boytos

    RE/MAX

    (215) 892-4335

    1 in this area

    78 Total Sales

    Catherine Boytos
    Section Image
  • Jerome Washington

    Buyer's Agent in 2021

    Jerome Washington

    Neighborhood Assistance Corp. of America (NACA)

    (856) 888-4393

    1 in this area

    198 Total Sales

    Jerome Washington
    Section Image

  • S

    Seller's Agent in 2016

    Sharon Nociti

    Mahoney Realty Pennsville, LLC

    (609) 202-9290

    59 Total Sales

    Sharon Nociti
    Section Image
  • Frank Wible

    Buyer's Agent in 2016

    Frank Wible

    RE/MAX

    (856) 745-7700

    1 in this area

    30 Total Sales

    Frank Wible
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL392920

Bright MLS

APN: 30-02203-0000-00014

New Jersey Burlington County Riverside 08075 Riverside Township

526 S Fairview St, Riverside, NJ

This home is located at 526 S Fairview St, Riverside, NJ 08075 since 14 March 2021 and is currently estimated at $399,729, approximately $168 per square foot. This property was built in 1890. 526 S Fairview St is a home located in Burlington County with nearby schools including Riverside Elementary School, Riverside Middle School, and Riverside High School.

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