NOT LISTED FOR SALE

58 S Pine St Bridgeton, NJ 08302

Estimated Value: $231,000 - $665,279

-- Bed
-- Bath
3,682 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $226,080 $61 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,544/month

About This Home

As of November 2021

INVESTMENT PROPERTY - All Units Presently Rented, this Property Has 2 Buildings On One Lot.

Property #1, (58 S. Pine Street has 3-Units). Unit #1 has 4-Bedrooms & 1-Bath & Rents for $900/Mo., Unit #2 has 2-Bedrooms & 1-Bath & Rents for $925/Mo., Unit #3 has 1-Bedroom & 1-Bath and Rents for $900/Mo.. This house has a Gross Annual Rental Income of $32,700/Yr. Natural Gas Hot Water Baseboard Heat & Natural Gas Hot Water. Call Office for more details.

Property #2, (65 Henry Street & 67 Henry Street (Postal Addresses Only), has 2-Units). Unit #1 (4), Downstairs, has 2-Bedrooms & 1-Bath & rents for $850/Mo. Unit #2 (5), Upstairs has 1-Bedroom & 1-Bath & Rents for $900/Mo. This House has a Gross Annual Rental Income of $21,000/Yr.

Together, these two Houses produce a Gross Annual Rental Income of $53,700.

Call Office for more Details.

This Listing can be purchased as a package with the following Listings:
NJCB2002276
NJCB2002278
NJCB2002320
NJCB2002322
NJCB2002328
NJSA2001342

Last Agent to Sell the Property

Michael Scull

(609) 364-4566 gscull@gmail.com S. Kelly Real Estate LLC License #8541472 Listed on: 10/07/2021

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1940

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75.00 x 120.00

Parking

  • Driveway

Home Design

  • 3,682 Sq Ft Home
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 2-Story Building
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, real estate taxes
  • Tax Lot 00023
  • Assessor Parcel Number 01-00134-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Nothing
  • Historic: No
  • Home Warranty: No
  • Inclusions: Shed in Yard
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: No
  • Total Sq Ft: 3682
  • Living Area Sq Ft: 3682
  • Price Per Sq Ft: 61.11
  • Above Grade Finished Sq Ft: 3682
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109700.00
  • Land Assessed Value: 6000.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Water, Sewer, Trash Collection, Taxes - Real Estate
  • Total Actual Rent: 53700.00
  • Units Leased Count: 5
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 3101257
  • Tax Annual Amount: 5766.00
  • Assessor Parcel Number: 01-00134-00023
  • Tax Lot: 00023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 30, 2021
Sold by
Aldon Brissett
Bought by
Redstone Capital Group Llc
Seller's Agent
Michael Scull
S. Kelly Real Estate LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$225,000
Sold Price
$226,080
Premium/Discount to List
$1,080
0.48%
Current Estimated Value
$388,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,490
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
May 15, 1995
Sold by
Watkins Ruby
Bought by
Watkins Ruby and Robbins Valerie D
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
Redstone Capital Group Llc $505,000 Dominion Title
Watkins Ruby -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $226,080 +0.5% $61 / Sq Ft
11/13/2021 11/13/21 Price Changed $225,000 0.0% $61 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $225,000 -- $61 / 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 $6,118 $115,700 $6,000 $109,700
2024 $6,118 $115,700 $6,000 $109,700
2023 $5,872 $115,700 $6,000 $109,700
2022 $5,817 $115,700 $6,000 $109,700
2021 $5,805 $115,700 $6,000 $109,700
2020 $5,766 $115,700 $6,000 $109,700
2019 $5,636 $115,700 $6,000 $109,700
2018 $5,388 $115,700 $6,000 $109,700
2017 $5,232 $115,700 $6,000 $109,700
2016 $5,076 $115,700 $6,000 $109,700
2015 $4,987 $115,700 $6,000 $109,700
2014 $3,427 $60,500 $4,800 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2002328

Bright MLS

APN: 01-00134-0000-00023