NOT LISTED FOR SALE

Estimated Value: $229,000 - $308,000

5 Beds
2 Baths
1,816 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $138,500 $76 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,609/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Rutgers-Camden Community Park

About This Home

As of April 2021

Welcome 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 Agent to Sell the Property

Nate Harshaw

(609) 220-0611 realtornateh@gmail.com HomeSmart First Advantage Realty License #1972596 Listed on: 03/04/2021

HomeSmart First Advantage Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,031

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1816
  • Living Area Sq Ft: 1816
  • Price Per Sq Ft: 79.85
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81800.00
  • Land Assessed Value: 13500.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 23.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2760.00
  • Zoning: RES

Rental Info

  • Total Actual Rent: 36000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1784494
  • Tax Annual Amount: 3031.00
  • Assessor Parcel Number: 08-00045-00048
  • Tax Lot: 00048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

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
Current Estimated Value
$251,915

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
13.89%
Original Mortgage
$10,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

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
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
Real Portfolio 14 Llc -- --
Real Portfolio 11 Llc -- Brennan Title Abstract
Real Portfolio 8 Llc $138,500 Infinity Title
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 8 Llc $10,000,000
Previous Owner Msh Camden Regrowth Fund Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $3,376 $95,300 $13,500 $101,200
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

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Map

Source: Bright MLS

MLS Number: NJCD414326

Bright MLS

APN: 08-00045-0000-00048