NOT LISTED FOR SALE

6-8 Beach Ave Penns Grove, NJ 08069

Estimated Value: $176,672 - $329,000

-- Bed
-- Bath
1,448 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $40,300 $28 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $1,637/month

27 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of February 2016

Great investment opportunity, needs some TLC, features a 3 bedroom 1 bath with full basement and a large 3 car garage for either tenants or an additional investment. A savvy investor to live and also collect income. Call today! Sold as is buyer responsible for any/all certifications and or repairs, township or lender.

Last Agent to Sell the Property

John Swartz

RE/MAX Preferred - Sewell License #0125598 Listed on: 12/29/2015

Last Buyer's Agent

Catherine Weise

United Real Estate License #AB067144

United Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,705 Sq Ft Lot
  • Lot Dimensions are 50x174

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,448 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $5,817

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 08-00111-00012

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Great investment opportunity, needs some TLC, features a 3 bedroom 1 bath with full basement and a large 3 car garage for either tenants or an additional investment. A savvy investor to live and also collect income. Call today! Sold as is buyer responsible for any/all certifications and or repairs, township or lender.
  • Special Features: 4108

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1448
  • Living Area Sq Ft: 1448
  • Price Per Sq Ft: 20.72
  • Above Grade Finished Sq Ft: 1448
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6-8

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Total Garage And Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143

Lot Info

  • Improvement Assessed Value: 134600.00
  • Land Assessed Value: 21300.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 50X174
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8705.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2200649
  • Tax Annual Amount: 5817.00
  • Assessor Parcel Number: 08-00111-00012
  • Tax Lot: 00012
  • Tax Year: 2015
  • Close Date: 02/19/2016

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Paradise Robert D
Bought by
Penns Grove Property Associates Llc
Total Days on Market
27
Current Estimated Value
$222,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,500,000
Interest Rate
6.95%
Estimated Equity
-$1,302,108

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 12, 2016
Sold by
Us Bank National Association
Bought by
Paradise Robert D
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
Catherine Weise
United Real Estate
List Price
$30,000
Sold Price
$40,300
Premium/Discount to List
$10,300
34.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%

Purchase Details

Closed on
Feb 15, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,768
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Penns Grove Property Associates Llc $179,875 Pittman Title
Paradise Robert D $40,300 None Available
-- $151,000 --
Timko Lisa $150,960 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penns Grove Property Associates Llc $1,500,000
Closed Penns Grove Property Associates Llc $1,500,000
Previous Owner Timko Lisa $120,768
Previous Owner Timko Lisa $22,640
Previous Owner Federanko Evelyn $31,550
Previous Owner Inouye Edwin K $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $40,300 +34.3% $28 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $30,000 -- $21 / 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
2024 $4,722 $88,100 $24,300 $63,800
2023 $4,722 $88,100 $24,300 $63,800
2022 $4,552 $88,100 $24,300 $63,800
2021 $4,356 $88,100 $24,300 $63,800
2020 $4,413 $88,100 $24,300 $63,800
2019 $4,431 $88,100 $24,300 $63,800
2018 $4,437 $110,000 $21,300 $88,700
2017 $4,453 $110,000 $21,300 $88,700
2016 $6,072 $155,900 $21,300 $134,600
2015 $5,817 $155,900 $21,300 $134,600
2014 $5,753 $155,900 $21,300 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002756254

Bright MLS

APN: 08-00111-0000-00012