NOT LISTED FOR SALE

600 Monmouth St Gloucester City, NJ 08030

Estimated Value: $244,611 - $310,000

-- Bed
-- Bath
-- Sq Ft
2,688 Sq Ft Lot

Last Sold December 07, 2018

Last sale price $132,000

Est. 105% increase in value since last sale

Current estimated payment $1,979/month

138 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of December 2018

Cash flow! Got your attention? Check out this duplex in center of the town close to shopping, dining, night life and public transportation. Building has been well maintained and has plenty of off street parking. Nothing to do but take over the rent payments. Owner will consider holding the mortgage. Upstairs tenant is a very long term tenant. Putting new tenant in on first floor.

Last Agent to Sell the Property

Robert Milaway

EXP Realty, LLC License #791082 Listed on: 06/28/2018

EXP Realty, LLC

Co-Listed By

Richard Dolson

Coldwell Banker Realty

Last Buyer's Agent

Kathleen Iannucci

EXP Realty, LLC License #1004680

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Lot Details

  • 2,688 Sq Ft Lot
  • Lot Dimensions are 56x48
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Pitched Roof
  • Vinyl Siding

Schools

  • Cold Springs Elementary School
  • Gloucester City Junior Senior Middle School
  • Gloucester City Junior Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit
  • Basement Fills Entire Space Under The House

Community Details

  • No Home Owners Association
  • Operating Expense $5,048

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 14-00147-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Cash flow! Got your attention? Check out this duplex in center of the town close to shopping, dining, night life and public transportation. Building has been well maintained and has plenty of off street parking. Nothing to do but take over the rent payments. Owner will consider holding the mortgage. Upstairs tenant is a very long term tenant. Putting new tenant in on first floor.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Street Number Modifier: 600

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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: GLOUCESTER CITY SCHOOLS
  • Elementary School: COLD SPRINGS SCHOOL
  • Middle School: GLOUCESTER CITY JUNIOR SENIOR
  • High School: GLOUCESTER CITY JUNIOR SENIOR
  • School District Key: 300200396970
  • Elementary School: COLD SPRINGS SCHOOL
  • High School: GLOUCESTER CITY JUNIOR SENIOR
  • Middle Or Junior School: GLOUCESTER CITY JUNIOR SENIOR

Lot Info

  • Improvement Assessed Value: 87500.00
  • Land Assessed Value: 31800.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 56X48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2688.00
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1853269
  • Tax Annual Amount: 5048.00
  • Assessor Parcel Number: 14-00147-00002
  • Tax Lot: 00002
  • Tax Year: 2017
  • Close Date: 12/07/2018

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Dec 7, 2018
Sold by
Wares William C
Bought by
Dubreuil Edouard and Dubreuil Marie
Seller's Agent
Robert Milaway
EXP Realty, LLC
Buyer's Agent
Kathleen Iannucci
EXP Realty, LLC
List Price
$150,000
Sold Price
$132,000
Premium/Discount to List
-$18,000
-12%
Current Estimated Value
$270,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,356
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Mar 17, 2003
Sold by
Kain Charles P
Bought by
Wares William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.75%
Mortgage Type
Commercial
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
Dubreuil Edouard $132,000 Connection Title Agency Of N
Wares William C $120,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wares William C $826,000
Previous Owner Wares William C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $132,000 -5.6% --
11/13/2018 11/13/18 Pending -- -- --
10/18/2018 10/18/18 Price Changed $139,900 -0.1% --
09/27/2018 09/27/18 Price Changed $140,000 -3.4% --
08/21/2018 08/21/18 Price Changed $145,000 -3.3% --
06/28/2018 06/28/18 For Sale $150,000 -- --
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 $5,981 $119,300 $31,800 $87,500
2024 $5,970 $119,300 $31,800 $87,500
2023 $5,970 $119,300 $31,800 $87,500
2022 $5,613 $119,300 $31,800 $87,500
2021 $5,557 $119,300 $31,800 $87,500
2020 $5,366 $119,300 $31,800 $87,500
2019 $5,256 $119,300 $31,800 $87,500
2018 $5,154 $119,300 $31,800 $87,500
2017 $5,048 $119,300 $31,800 $87,500
2016 $4,857 $119,300 $31,800 $87,500
2015 $4,374 $119,300 $31,800 $87,500
2014 $4,501 $85,800 $16,200 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001960418

Bright MLS

APN: 14-00147-0000-00002