610 N 2nd St Camden, NJ 08102
North Camden NeighborhoodEstimated Value: $176,000 - $253,000
5
Beds
2
Baths
1,816
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- 4-minute walk to Rutgers-Camden Community Park
About This Home
As of April 2021Welcome to 610 N 2nd St in Camden City.... Only 2 Blocks from Rutgers University Camden Campus, prime student housing! The perfect property for and Owner Occupant willing to do some renovations or an Investor! Current architectural plans are on file to convert the current 3rd Floor open loft to an additional 3 Bedrooms for a total bedroom count of 5. Current sellers were going to renovate and rent to college students (decided to go another business route) and already have an executed lease subject to renovations... end buyer can choose to honor the lease or can void it (Honoring Lease is not a requirement to purchase). Estimate cap rate is 14% to 16%! (Estimated Rent Roll Analysis is available) The City of Camden is investing tons of money into the area and infrastructure. The entire street was just repaved plus new concrete and brick sidewalks... Talk about curb appeal! Don't miss this opportunity to own a great property in a fantastic up-and-coming area just steps away from Rutgers Campus!
Last Listed By
Nate Harshaw
HomeSmart First Advantage Realty License #1972596 Listed on: 03/04/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,031
Year Built
- Built in 1910
Lot Details
- 2,760 Sq Ft Lot
- Lot Dimensions are 23.00 x 120.00
Parking
- On-Street Parking
Home Design
- Semi-Detached or Twin Home
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 1,816 Sq Ft Home
- Property has 3 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Cooper Grant Subdivision
Listing and Financial Details
- Tax Lot 00048
- Assessor Parcel Number 08-00045-00048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2022
Sold by
Real Portfolio 12 Llc
Bought by
Real Portfolio 14 Llc
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,697,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2021
Sold by
Real Portfolio 8 Llc
Bought by
Real Portfolio 11 Llc
Purchase Details
Listed on
Mar 4, 2021
Closed on
Apr 8, 2021
Sold by
Msh Camden Regrowth Fund Llc
Bought by
Real Portfolio 8 Llc
Seller's Agent
Nate Harshaw
HomeSmart First Advantage Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$145,000
Sold Price
$138,500
Premium/Discount to List
-$6,500
-4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$10,000,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 22, 2020
Sold by
Mitchell Wilbert
Bought by
Msh Camden Regrowth Fund Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 1986
Bought by
Mitchell Wilbert
Create a Home Valuation Report for This Property
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Similar Homes in Camden, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Real Portfolio 14 Llc | -- | -- | |
| Real Portfolio 11 Llc | -- | Brennan Title Abstract | |
| Real Portfolio 8 Llc | $138,500 | Infinity Title Agency | |
| Msh Camden Regrowth Fund Llc | $110,000 | Sjs Title Llc | |
| Mitchell Wilbert | $3,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Real Portfolio 14 Llc | $3,697,000 | |
| Previous Owner | Real Portfolio 8 Llc | $10,000,000 | |
| Previous Owner | Msh Camden Regrowth Fund Llc | $187,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $138,500 | -4.5% | $76 / Sq Ft |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $145,000 | -- | $80 / 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 |
|---|---|---|---|---|
| 2024 | $3,264 | $95,300 | $13,500 | $101,200 |
| 2023 | $3,264 | $95,300 | $13,500 | $81,800 |
| 2022 | $3,203 | $95,300 | $13,500 | $81,800 |
| 2021 | $3,190 | $95,300 | $13,500 | $81,800 |
| 2020 | $3,031 | $95,300 | $13,500 | $81,800 |
| 2019 | $2,902 | $95,300 | $13,500 | $81,800 |
| 2018 | $2,887 | $95,300 | $13,500 | $81,800 |
| 2017 | $2,816 | $95,300 | $13,500 | $81,800 |
| 2016 | $2,727 | $95,300 | $13,500 | $81,800 |
| 2015 | $2,625 | $95,300 | $13,500 | $81,800 |
| 2014 | $2,562 | $95,300 | $13,500 | $81,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Nate Harshaw
HomeSmart First Advantage Realty
-
datacorrect BrightMLS
d
Buyer's Agent in 2021
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJCD414326
APN: 08-00045-0000-00048
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