NOT LISTED FOR SALE

61 Main St Bridgeton, NJ 08302

Fairfield Township Neighborhood

Estimated Value: $235,000 - $327,000

-- Bed
-- Bath
2,252 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $150,000 $67 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,939/month

247 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Victorian Architecture
  • More Than Two Accessible Exits
  • Property is in very good condition

About This Home

As of June 2021

Investment Opportunity. Triplex. 2- 2 bedroom units and 1- 3 bedroom unit. Long term tenants in 2 units, all tenants HUD, section 8. The property is in very good condition and is low maintenance. Separate Electric hot water in all 3 units. Separate Gas heat in all 3 units. Unit A 2 bedroom $800/mn, Unit B 3 bedroom $1100/mn, Unit C (Cottage) 2 bedroom $850/mn

Last Agent to Sell the Property

Phyllis Harvey

The Roarke Agency Listed on: 09/02/2020

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in very good condition

Home Design

  • 2,252 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Cottage
  • Combination Foundation
  • Plaster Walls
  • Frame Construction
  • Aluminum Siding

Flooring

  • Wood
  • Carpet

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Stove
  • More Than Two Accessible Exits
  • Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 05-00027 03-00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,965

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian, Cottage
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment Opportunity. Triplex. 2- 2 bedroom units and 1- 3 bedroom unit. Long term tenants in 2 units, all tenants HUD, section 8. The property is in very good condition and is low maintenance. Separate Electric hot water in all 3 units. Separate Gas heat in all 3 units. Unit A 2 bedroom $800/mn, Unit B 3 bedroom $1100/mn, Unit C (Cottage) 2 bedroom $850/mn
  • Special Features: None

Interior Features

  • Appliances: Stove, Refrigerator
  • Flooring Type: Carpet, Wood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 2252
  • Living Area Sq Ft: 2252
  • Price Per Sq Ft: 79.93
  • Above Grade Finished Sq Ft: 2252
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 61

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFIELD TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397459
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 200300.00
  • Land Assessed Value: 28700.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Income: 14850.00
  • Single Room Units Count: 3

Tax Info

  • Assessor Parcel Number: 3114823
  • Tax Annual Amount: 5965.00
  • Assessor Parcel Number: 05-00027 03-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 2252
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/28/2021

MLS Schools

  • School District Name: FAIRFIELD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Ruby Loc Llc
Bought by
Ruby Spe Llc
Current Estimated Value
$274,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,120,000
Outstanding Balance
$5,976,509
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$5,722,985

Purchase Details

Listed on
Sep 2, 2020
Closed on
Jun 23, 2021
Sold by
Yu Jerald
Bought by
Redstone Cap Grp Llc
Seller's Agent
Phyllis Harvey
The Roarke Agency
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Listed on
Sep 2, 2020
Closed on
Jun 1, 2021
Sold by
Yu Jerald
Bought by
An Redstone Capital Group Llc
Seller's Agent
Phyllis Harvey
The Roarke Agency
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Fornataro Anthony and Fornataro Stacey
Bought by
Yu Jerald

Purchase Details

Closed on
Nov 30, 2005
Sold by
Thompson Lorene
Bought by
Fornataro Anthony and Fornataro Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,760
Interest Rate
6.28%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Siligato Samuel R and Siligato Sherry
Bought by
Turner Robert E and Turner Bonnie J
Source: Public Records

Range of Values:

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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
Ruby Spe Llc -- None Listed On Document
Redstone Cap Grp Llc $150,000 Dominion Title Agency, Inc.
An Redstone Capital Group Llc $150,000 Dominion Title Services
Yu Jerald $214,000 --
Fornataro Anthony $136,400 --
Turner Robert E $76,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Spe Llc $6,120,000
Closed Ruby Spe Llc $6,120,000
Previous Owner Yu Jerald $153,000
Previous Owner Fornataro Anthony $122,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $150,000 -16.7% $67 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $180,000 +20.0% $80 / Sq Ft
04/15/2021 04/15/21 Off Market $150,000 -- --
09/02/2020 09/02/20 For Sale $180,000 0.0% $80 / Sq Ft
01/29/2019 01/29/19 Rented $1,000 0.0% --
10/22/2018 10/22/18 For Rent $1,000 +5.3% --
08/01/2017 08/01/17 Rented $950 0.0% --
08/01/2017 08/01/17 Under Contract -- -- --
07/13/2017 07/13/17 For Rent $950 -- --
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 $5,104 $200,000 $28,700 $171,300
2023 $5,304 $200,000 $28,700 $171,300
2022 $6,298 $229,000 $28,700 $200,300
2021 $3,062 $229,000 $28,700 $200,300
2020 $5,965 $229,000 $28,700 $200,300
2019 $5,709 $229,000 $28,700 $200,300
2018 $5,702 $229,000 $28,700 $200,300
2017 $5,734 $229,000 $28,700 $200,300
2016 $5,439 $229,000 $28,700 $200,300
2015 $5,294 $229,000 $28,700 $200,300
2014 $5,210 $229,000 $28,700 $200,300
Source: Public Records

Agents Affiliated with this Home

  • Phyllis Harvey

    Seller's Agent in 2021

    Phyllis Harvey

    The Roarke Agency

    (609) 774-8084

    1 in this area

    87 Total Sales

    Section Image

  • d

    Buyer's Agent in 2021

    datacorrect BrightMLS

    Non Subscribing Office

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Map

Source: Bright MLS

MLS Number: NJCB128692

Bright MLS

APN: 05-00027-03-00021

New Jersey Cumberland County Bridgeton 08302 Fairfield Township

61 Main St, Bridgeton, NJ

This home is located at 61 Main St, Bridgeton, NJ 08302 since 02 September 2020 and is currently estimated at $274,069, approximately $121 per square foot. This property was built in 1900. 61 Main St is a home located in Cumberland County with nearby schools including Fairfield Township School and Cumberland Regional High School.

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