NOT LISTED FOR SALE

602 E Commerce St Bridgeton, NJ 08302

Estimated Value: $212,000 - $304,000

Studio
-- Bath
1,840 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $135,000 $73 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,550/month

8 Days on Market

About This Home

As of January 2022

Beautiful 3 bedroom with added fully renovated efficiency apartment for sale, Property is being sold as-is, Any and all inspections are for informational purposes only. Efficiency is currently rented for $850 per month, tenant has a month to month lease, DO NOT DISTURB tenant. Home has one full bathroom upstairs and a bathroom with shower downstairs. This unit is great for two families.

Last Agent to Sell the Property

Andrene Grizzle

(215) 850-5357 mrs.agrizzle@gmail.com Abundant Realty Group, LLC Listed on: 11/10/2021

Last Buyer's Agent

Elizabeth Valero

(609) 369-6199 eli_joli@hotmail.com S. Kelly Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1890

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 160.00
  • Property is in good condition

Parking

  • Driveway

Home Design

  • 1,840 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Bridgeton City Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 01-00172-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,808

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Personal properties
  • Home Warranty: No
  • Inclusions: All appliances
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1840
  • Living Area Sq Ft: 1840
  • Price Per Sq Ft: 76.09
  • Above Grade Finished Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70800.00
  • Land Assessed Value: 5600.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Property Condition: Average, Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3102144
  • Tax Annual Amount: 3808.00
  • Assessor Parcel Number: 01-00172-00013
  • Tax Lot: 00013
  • 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
Nov 10, 2021
Closed on
Jan 10, 2022
Sold by
Forbes Claudette A
Bought by
Martinez Levita Miguel
Seller's Agent
Andrene Grizzle
Abundant Realty Group, LLC
Buyer's Agent
Elizabeth Valero
S. Kelly Real Estate LLC
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$250,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,961
Avg. Annual Appreciation
16.59%
Original Mortgage
$94,500
Outstanding Balance
$87,025
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$163,936

Purchase Details

Closed on
Sep 2, 2020
Sold by
Forbes Claudette A and Rankine Christina S
Bought by
Forbes Claudette A

Purchase Details

Closed on
Jan 15, 2020
Sold by
Forbes Claudette Est
Bought by
Forbes Claudette and Rankine Charistina S

Purchase Details

Closed on
Feb 4, 1997
Sold by
Gould William E and Gould Elizabeth Fanny
Bought by
Wilson Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,482
Interest Rate
7.57%
Mortgage Type
FHA
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
Martinez Levita Miguel $135,000 Dominion Title
Forbes Claudette A -- None Available
Forbes Claudette -- None Available
Wilson Valerie E $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Levita Miguel $94,500
Previous Owner Wilson Valerie E $38,482
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2022 01/10/22 Sold $135,000 0.0% $73 / Sq Ft
01/10/2022 01/10/22 Sold $135,000 -3.6% $73 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
11/18/2021 11/18/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $140,000 0.0% $76 / Sq Ft
11/10/2021 11/10/21 For Sale $140,000 -12.5% $76 / Sq Ft
10/19/2021 10/19/21 Price Changed $160,000 +23.1% $87 / Sq Ft
10/17/2021 10/17/21 Price Changed $130,000 -18.8% $71 / Sq Ft
09/18/2021 09/18/21 Price Changed $160,000 +6.7% $87 / Sq Ft
09/18/2021 09/18/21 For Sale $150,000 -- $82 / 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 $7,615 $144,000 $5,600 $138,400
2024 $7,615 $144,000 $5,600 $138,400
2023 $7,308 $144,000 $5,600 $138,400
2022 $7,240 $144,000 $5,600 $138,400
2021 $3,833 $76,400 $5,600 $70,800
2020 $3,808 $76,400 $5,600 $70,800
2019 $3,721 $76,400 $5,600 $70,800
2018 $3,558 $76,400 $5,600 $70,800
2017 $3,455 $76,400 $5,600 $70,800
2016 $3,352 $76,400 $5,600 $70,800
2015 $3,043 $76,400 $5,600 $70,800
2014 $2,101 $41,500 $4,000 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Andrene Grizzle

    Seller's Agent in 2022

    Andrene Grizzle

    Abundant Realty Group, LLC

    (215) 850-5357

    2 in this area

    9 Total Sales

    Andrene Grizzle
    Section Image
  • Elizabeth Valero

    Buyer's Agent in 2022

    Elizabeth Valero

    S. Kelly Real Estate LLC

    (609) 369-6199

    46 in this area

    115 Total Sales

    Elizabeth Valero
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCB2002744

Bright MLS

APN: 01-00172-0000-00013

New Jersey Cumberland County Bridgeton 08302

602 E Commerce St, Bridgeton, NJ

Not Listed for Sale

MultiFamily

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