Seller's Agent in 2021
Anthony Balboni
Key Properties Real Estate
(856) 824-1000
2 in this area
113 Total Sales
606 E Mulberry St Millville, NJ 08332
Estimated Value: $130,332 - $253,000
--
Bed
--
Bath
1,353
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Attic
- Upgraded Countertops
- Brick Porch or Patio
- No HOA
- Family Room Off Kitchen
- Eat-In Kitchen
About This Home
As of December 2021Attention investors! Both units occupied. Tenant in lower unit on Section 8. Upper unit is cash payer. Both under current yearly leases. Both units pay their own utilities. Two gas fired heaters in basement. Two separate hot water heaters also in basement. Easily maintained brick exterior. Nice porch in front of house. Off street parking in rear of building for all units. Ideally located near Millville shopping and groceries. Combined rental income for both units is $1,875 monthly and $22,500 yearly. Strong positive cash flow. Property being sold in conjunction with 604 East Mulberry. Will not sell separately. Must buy both sides of building. New owner will technically own one building with four units, but because properties are separate lot and blocks, there are NO STATE INSPECTIONS! Owner relocated to Florida.
Last Agent to Sell the Property
(856) 824-1000 tonyb@keyhomesnj.com Key Properties Real Estate License #rm424208 Listed on: 06/12/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,072
Year Built
- Built in 1917
Lot Details
- Lot Dimensions are 24.00 x 110.00
- Landscaped
- Back and Front Yard
- Property is in very good condition
Home Design
- Duplex
- Dwelling with Rental
- Bi-Level Home
- Brick Exterior Construction
- Frame Construction
- Pitched Roof
- Shingle Roof
Interior Spaces
- Bathtub with Shower
- 1,353 Sq Ft Home
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Fire Escape
- Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Upgraded Countertops
Flooring
- Carpet
- Laminate
Parking
- 8 Parking Spaces
- 8 Off-Street Spaces
- Dirt Driveway
Outdoor Features
- Brick Porch or Patio
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
- Public Septic
- Multiple Phone Lines
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- The owner pays for insurance, lawn/shrub care, pest control, repairs, sewer, real estate taxes, water
- Tax Lot 00018
- Assessor Parcel Number 10-00387-00018
Community Details
Overview
- No Home Owners Association
- 2 Units
- 2-Story Building
Building Details
- Income includes apartment rentals
- Gross Income $22,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2023
Sold by
Harris Maruba
Bought by
Limitless Financial I Llc
Current Estimated Value
Purchase Details
Listed on
Jun 12, 2021
Closed on
Dec 22, 2021
Sold by
Financial Solutions Investment Group Llc
Bought by
Harris Maruba
Seller's Agent
Anthony Balboni
Key Properties Real Estate
Buyer's Agent
Stella Lackova
Atlas Real Estate
List Price
$159,900
Sold Price
$138,000
Premium/Discount to List
-$21,900
-13.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$103,500
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2016
Sold by
Butler Dorinda M and Dorinda M Butler Trust
Bought by
Financial Solutions Invesment Group Llc
Purchase Details
Closed on
Oct 6, 2008
Sold by
Panzini Felice
Bought by
Butler Dorinda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,600
Interest Rate
6.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 6, 2006
Sold by
Barshay Bruce
Bought by
Panzini Felice
Purchase Details
Closed on
Oct 3, 2005
Sold by
Matthew Norcross Ind Atty
Bought by
Barshay Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.79%
Purchase Details
Closed on
Jul 15, 2004
Sold by
Feldman Alan F
Bought by
Norcross Matthew and Norcross Andrew Schwed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Limitless Financial I Llc | -- | -- | |
| Harris Maruba | $138,000 | None Listed On Document | |
| Harris Maruba | $138,000 | None Listed On Document | |
| Financial Solutions Invesment Group Llc | $27,500 | Foundation Title | |
| Butler Dorinda M | $123,250 | -- | |
| Panzini Felice | $234,000 | -- | |
| Barshay Bruce | $215,000 | -- | |
| Norcross Matthew | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Harris Maruba | $103,500 | |
| Previous Owner | Butler Dorinda M | $98,600 | |
| Previous Owner | Barshay Bruce | $193,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2021 12/23/21 | Sold | $138,000 | -7.9% | $102 / Sq Ft |
| 07/28/2021 07/28/21 | Price Changed | $149,900 | -6.3% | $111 / Sq Ft |
| 06/12/2021 06/12/21 | For Sale | $159,900 | -- | $118 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,218 | $56,500 | $13,400 | $43,100 |
| 2024 | $2,218 | $56,500 | $13,400 | $43,100 |
| 2023 | $2,199 | $56,500 | $13,400 | $43,100 |
| 2022 | $2,142 | $56,500 | $13,400 | $43,100 |
| 2021 | $2,072 | $56,500 | $13,400 | $43,100 |
| 2020 | $2,038 | $56,500 | $13,400 | $43,100 |
| 2019 | $1,944 | $56,500 | $13,400 | $43,100 |
| 2018 | $1,903 | $56,500 | $13,400 | $43,100 |
| 2017 | $2,417 | $72,400 | $13,400 | $59,000 |
| 2016 | $2,386 | $72,400 | $13,400 | $59,000 |
| 2015 | $2,333 | $72,400 | $13,400 | $59,000 |
| 2014 | $2,337 | $72,400 | $13,400 | $59,000 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Balboni
-
Stella Lackova
S
Buyer's Agent in 2021
Stella Lackova
Atlas Real Estate
(856) 896-7379
4 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB133320
APN: 10-00387-0000-00018
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