NOT LISTED FOR SALE

60 State St Penns Grove, NJ 08069

Estimated Value: $168,000 - $187,000

-- Bed
-- Bath
1,560 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $145,000 $93 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,288/month

35 Days on Market

About This Home

As of August 2023

Calling all Investors! This property consists of a large brick duplex (up and down units) with a full basement. Second Floor Rent is $775 and First Floor Rent is $800. Both tenants are current and pay all utilities. This turn-key property is perfect for someone looking to build their rental portfolio and even better if you are looking to purchase to live on one side, and rent the other side out to help pay your bills! Each unit has 2 bedrooms, 1 full bath, living, dining, and kitchen with a deck. Purchaser to assume the current lease. Situated on a large lot with ample parking. Walking distance to local schools, Minutes from Del Bridge 295 and NJ Turnpike Don't wait this won't last long.

Last Agent to Sell the Property

Mery Santana

Keller Williams Philadelphia License #1758811 Listed on: 06/19/2023

Keller Williams Philadelphia

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1940

Lot Details

  • 5,475 Sq Ft Lot
  • Lot Dimensions are 43.80 x 125.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lafayette-Pershing Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 08-00062-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,420

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 89.74
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 60

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • Elementary School: LAFAYETTE-PERSHING E.S.
  • Middle School: PENNS GROVE M.S.
  • High School: PENNS GROVE H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397143
  • School District Source: Listing Agent
  • Elementary School: LAFAYETTE-PERSHING E.S.
  • High School: PENNS GROVE H.S.
  • Middle Or Junior School: PENNS GROVE M.S.

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 43.80 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5475.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 3420.00
  • Assessor Parcel Number: 08-00062-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/08/2023

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
60 State Street Llc
Bought by
Master Link Homes Llc
Current Estimated Value
$178,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$175,371
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$2,796

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 14, 2023
Sold by
Kruger Miriam
Bought by
60 State Street Llc
Seller's Agent
Mery Santana
Keller Williams Philadelphia
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$136,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 8, 2023
Sold by
Deacon Joseph A
Bought by
Kruger Miriam
Seller's Agent
Mery Santana
Keller Williams Philadelphia
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 30, 2021
Sold by
Kandys Properties Llc
Bought by
Deacon Joseph A
Seller's Agent
Patrick Dwyer
American Dream Realty of South Jersey
Buyer's Agent
Mery Santana
Keller Williams Philadelphia
List Price
$120,000
Sold Price
$102,500
Premium/Discount to List
-$17,500
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%
Original Mortgage
$76,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
The Madias Family Partnership Lp
Bought by
Kandys 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
$164,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Madias Marie
Bought by
The Madias Family Partnership Lp
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
Master Link Homes Llc -- None Listed On Document
60 State Street Llc $170,000 Madison Title
Kruger Miriam $136,000 Madison Title
Deacon Joseph A $102,500 Sjs Title Llc
Kandys Properties Llc $80,000 --
The Madias Family Partnership Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Master Link Homes Llc $176,000
Closed 60 State Street Llc $39,000
Previous Owner 60 State Street Llc $136,000
Previous Owner Deacon Joseph A $76,875
Previous Owner Kandys Properties Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $145,000 +3.6% $93 / Sq Ft
06/19/2023 06/19/23 For Sale $140,000 +36.6% $90 / Sq Ft
10/01/2021 10/01/21 Sold $102,500 -2.7% $66 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $105,372 -4.0% $68 / Sq Ft
07/12/2021 07/12/21 Price Changed $109,763 -8.5% $70 / Sq Ft
06/15/2021 06/15/21 For Sale $120,000 -- $77 / 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 $3,548 $66,200 $11,800 $54,400
2023 $3,548 $66,200 $11,800 $54,400
2022 $3,421 $66,200 $11,800 $54,400
2021 $3,273 $66,200 $11,800 $54,400
2020 $3,316 $66,200 $11,800 $54,400
2019 $3,330 $66,200 $11,800 $54,400
2018 $3,429 $85,000 $19,800 $65,200
2017 $3,441 $85,000 $19,800 $65,200
2016 $4,440 $114,000 $19,800 $94,200
2015 $4,253 $114,000 $19,800 $94,200
2014 $4,207 $114,000 $19,800 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2007898

Bright MLS

APN: 08-00062-0000-00010