NOT LISTED FOR SALE

537 Park Dr Vineland, NJ 08360

Estimated Value: $227,000 - $310,000

Studio
-- Bath
1,736 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 15, 2024

Last sale price $200,000 $115 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,599/month

121 Days on Market

Highlights

  • A-Frame Home
  • More Than Two Accessible Exits
  • Central Heating
  • Cooling Available

About This Home

As of January 2024

Cashcow Alert !Well Maintained Duplex, Large 2 bedroom, 1 bathroom unit on first floor, second floor is 2 bedroom, 1 bathroom. Roof & hot water heater are 6 years old, full basement for storage purposes. Oversized lot, comes with proposed plan for new build on property. Ton of potential value add to this property. Current rent roll is $2,170 a month, which is significantly under market. HUD fair market rent for 2023 in this zip code is $1,471 a door, this would bring a total of $2,942 = High Cash Flow. Property is professionally managed by local management company, all reports available upon request. This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot ) 413 N 3rd St Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 chestnut street Salem ( SFH ) 89-91 W Pitman St Pennsgrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.

Last Agent to Sell the Property

Francesco Pullella

(856) 804-1805 mcoffee@hofrealtynj.com HOF Realty Listed on: 08/27/2023

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 77.00 x 150.00

Parking

  • Driveway

Home Design

  • 1,736 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Block Foundation
  • Vinyl Siding

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-02317-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1910

Lot Details

0.27 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1736
  • Living Area Sq Ft: 1736
  • Price Per Sq Ft: 129.55
  • Above Grade Finished Sq Ft: 1736
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 77.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11552.00
  • Zoning: 02

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3400.00
  • Assessor Parcel Number: 14-02317-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Jan 16, 2024
Sold by
Pr Properties Llc
Bought by
Czd Realty Llc
Seller's Agent
Francesco Pullella
HOF Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Views
100
Current Estimated Value
$253,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,583
Avg. Annual Appreciation
11.79%
Original Mortgage
$136,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2022
Sold by
Andrea Cimino
Bought by
P & R Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,910
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 27, 2014
Sold by
Jost Steven G and Jost Mciahel C
Bought by
Cimino Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1999
Sold by
Jost Charles
Bought by
Jost Steven G and Jost Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Czd Realty Llc $200,000 None Listed On Document
Czd Realty Llc $200,000 None Listed On Document
P & R Properties Llc $160,000 New Title Company Name
Cimino Andrea $42,500 Beacon Title Services Agency
Jost Steven G $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Czd Realty Llc $136,000
Previous Owner P & R Properties Llc $173,910
Previous Owner Cimino Andrea $42,500
Previous Owner Jost Steven G $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $200,000 -11.1% $115 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $224,900 +12.5% $130 / Sq Ft
10/15/2023 10/15/23 Off Market $200,000 -- --
08/27/2023 08/27/23 For Sale $224,900 -- $130 / 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 $3,528 $110,800 $24,000 $86,800
2024 $3,528 $110,800 $24,000 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2014220

Bright MLS

APN: 14-02317-0000-00001

New Jersey Cumberland County Vineland 08360

537 Park Dr, Vineland, NJ

Not Listed for Sale

MultiFamily

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