NOT LISTED FOR SALE

60 E Hancock St Riverside, NJ 08075

Estimated Value: $322,000 - $431,000

Studio
-- Bath
2,714 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $288,000 $106 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,239/month

25 Days on Market

About This Home

As of May 2024

Calling all investors! We proudly present this 3 unit property including 2 Two bedrooms 1 bath units and 1 one bedroom 1 bath unit. This property is fully occupied but has plenty of opportunity for more income due to current market rents. See pictures for financials. Please do not disturb the tenants.

Last Agent to Sell the Property

Tom Santoro

(877) 662-7540 tsantoronj@gmail.com Keyvest, LLC Listed on: 12/22/2023

Last Buyer's Agent

Jacob Culleny

(609) 379-0648 jacobculleny@gmail.com Sureway Realty License #2078391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 1900

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00

Home Design

  • Triplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,714 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Riverside Elementary School
  • Riverside Middle School
  • Riverside High School

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 30-01306-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,721

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2714
  • Living Area Sq Ft: 2714
  • Price Per Sq Ft: 119.75
  • Above Grade Finished Sq Ft: 2714
  • 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

Utilities

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE
  • High School: RIVERSIDE H.S.
  • Middle Or Junior School: RIVERSIDE M.S.

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 5721.00
  • Assessor Parcel Number: 30-01306-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2008

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
May 17, 2024
Sold by
Landmark Property Management Inc
Bought by
Cayenne Estates Llc
Seller's Agent
Tom Santoro
Keyvest, LLC
Buyer's Agent
Jacob Culleny
Sureway Realty
List Price
$325,000
Sold Price
$288,000
Premium/Discount to List
-$37,000
-11.38%
Views
205
Current Estimated Value
$362,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,432
Avg. Annual Appreciation
14.57%
Original Mortgage
$270,000
Outstanding Balance
$31,435
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$330,997

Purchase Details

Closed on
Mar 6, 2009
Sold by
Aurora Loan Services Llc
Bought by
Landmark Property Management

Purchase Details

Closed on
Dec 15, 2008
Sold by
Jayawardana Kanchana and Jayawardana Kyra
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 28, 2004
Sold by
Mccabe Donald and Mccabe Elaine
Bought by
Jayawardana Kanchana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cayenne Estates Llc $288,000 Surety Title
Cayenne Estates Llc $288,000 Surety Title
Landmark Property Management $150,000 North American Title Agency
Aurora Loan Services Llc -- None Available
Jayawardana Kanchana $225,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cayenne Estates Llc $270,000
Closed Cayenne Estates Llc $270,000
Previous Owner Jayawardana Kanchana $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,860 -- --
10/01/2024 10/01/24 For Rent $1,860 0.0% --
05/17/2024 05/17/24 Sold $288,000 -11.4% $106 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $325,000 -- $120 / 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 -- $202,900 $33,000 $169,900
2024 -- $202,900 $33,000 $169,900
2023 -- $202,900 $33,000 $169,900
2022 -- $202,900 $33,000 $169,900
2021 $0 $202,900 $33,000 $169,900
2020 $0 $202,900 $33,000 $169,900
2019 $0 $202,900 $33,000 $169,900
2018 $0 $196,600 $29,300 $167,300
2017 $0 $196,600 $29,300 $167,300
2016 $0 $196,600 $29,300 $167,300
2015 $6,730 $196,600 $29,300 $167,300
2014 $6,431 $196,600 $29,300 $167,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tom Santoro

    Keyvest, LLC

    (877) 662-7540

    1 in this area

    94 Total Sales

    Tom Santoro
    Section Image
  • Jacob Culleny

    Buyer's Agent in 2024

    Jacob Culleny

    Sureway Realty

    (609) 379-0648

    2 in this area

    75 Total Sales

    Jacob Culleny
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL2057840

Bright MLS

APN: 30-01306-0000-00011

New Jersey Burlington County Riverside 08075

60 E Hancock St, Riverside, NJ

Not Listed for Sale

MultiFamily

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