NOT LISTED FOR SALE

Estimated Value: $357,944 - $428,000

Studio
-- Bath
1,352 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $231,000 $171 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,647/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Deck
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

Extremely well maintained 2 family home. Live in one and let the tenant help with the mortgage or rent both. 2 bedrooms each unit. 1st floor has use of the partially finished basement with washer/dryer. Backyard with deck. Tenants have use of the garage for storage, or rent it out for additional income. Not your typical investment property! Come see for yourself! New roof being installed this month.

Last Agent to Sell the Property

Kathy Kenney

(609) 459-5100 maria.remboski@kw.com Keller Williams Premier License #9480930 Listed on: 10/03/2019

Keller Williams Premier

Last Buyer's Agent

Kathy Kenney

(609) 459-5100 maria.remboski@kw.com Keller Williams Premier License #9480930 Listed on: 10/03/2019

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • The owner pays for water, sewer, insurance, real estate taxes
  • Tax Lot 00013
  • Assessor Parcel Number 03-01649-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,043

Year Built

Built in 1920

Lot Details

4,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property
  • Home Warranty: No
  • Inclusions: 2 refrigerators, 2 stoves, 1 dishwasher, washer and dryer, 3 ceiling fans
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 1352
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 166.42
  • Above Grade Finished Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 1
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 120000.00
  • Land Assessed Value: 58000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RESI

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 27900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2088298
  • Tax Annual Amount: 6043.00
  • Assessor Parcel Number: 03-01649-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 3, 2019
Sold by
Lynch Denise G
Bought by
Raike Brian
Seller's Agent
Kathy Kenney
Keller Williams Premier
Buyer's Agent
Kathy Kenney
Keller Williams Premier
List Price
$225,000
Sold Price
$231,000
Premium/Discount to List
$6,000
2.67%
Current Estimated Value
$398,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,486
Avg. Annual Appreciation
9.07%
Original Mortgage
$226,816
Outstanding Balance
$198,572
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$199,914

Purchase Details

Closed on
Sep 4, 2014
Sold by
Kalinowski Denise G
Bought by
Lynch Denise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2003
Sold by
Avino Attilio
Bought by
Klinowski Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.45%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Mucha Kathy Kiernan
Bought by
Avino Attilio and Avino Margaret
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
Raike Brian $231,000 Turnkey Title Llc
Lynch Denise G -- None Available
Klinowski Denise $160,000 --
Avino Attilio $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raike Brian $226,816
Previous Owner Lynch Denise G $201,400
Previous Owner Klinowski Denise $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $231,000 +2.7% $171 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $225,000 -- $166 / 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 $6,893 $195,600 $58,000 $137,600
2024 $6,461 $195,600 $58,000 $137,600
2023 $6,461 $195,600 $58,000 $137,600
2022 $6,359 $195,600 $58,000 $137,600
2021 $7,517 $195,600 $58,000 $137,600
2020 $6,200 $178,000 $58,000 $120,000
2019 $6,043 $178,000 $58,000 $120,000
2018 $5,888 $178,000 $58,000 $120,000
2017 $5,735 $178,000 $58,000 $120,000
2016 $4,813 $178,000 $58,000 $120,000
2015 $5,503 $109,200 $34,000 $75,200
2014 $5,396 $109,200 $34,000 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME286256

Bright MLS

APN: 03-01649-0000-00013

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