Seller's Agent in 2014
Paul Podgorski
Premier Real Estate Corp.
(856) 848-3554
53 Total Sales
618 W Maple Ave Merchantville, NJ 08109
--
Bed
--
Bath
--
Sq Ft
1,060
Sq Ft Lot
Highlights
- No HOA
- Heating System Uses Oil
- 2-minute walk to Wellwood Park
- En-Suite Primary Bedroom
About This Home
As of November 2014Well maintained commercial. multi unit property that can generate positive cash flow immediately or provide the opportunity to operate your retail business while generating rental income from the apartment unit. There is over 1,000 square feet of retail space on the main level that was formerly a deli. The space has been remolded and is ready for business. There is existing equipment that is fully functional including ovens, gill, fryer, slicer and other deli type equipment. This space provides flexibility for many different types of business that one could have operating in a very short period. The upstairs, two bedroom apartment with eat in kitchen and full bath is currently rented and generates over eight thousand dollars in rent annually. Located right off Route 130 that provides easy access to transportation.
Last Agent to Sell the Property
(856) 848-3554 premier777@aol.com Premier Real Estate Corp. License #8938084 Listed on: 07/02/2014
Last Buyer's Agent
(732) 261-9277 brockvanni@gmail.com Innovate Realty License #1111288
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,983
Lot Details
- 1,060 Sq Ft Lot
- Lot Dimensions are 20x53
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Oil Water Heater
Additional Features
- En-Suite Primary Bedroom
- Washer and Dryer Hookup
- Basement Fills Entire Space Under The House
Community Details
- No Home Owners Association
- Operating Expense $5,792
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 24-00009-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2022
Sold by
First Jay Sai Llc
Bought by
Sai Dhara 21 Llc
Purchase Details
Listed on
Jul 2, 2014
Closed on
Nov 21, 2014
Sold by
Vergilio Michael
Bought by
First Jay Sai Llc
Seller's Agent
Paul Podgorski
Premier Real Estate Corp.
Buyer's Agent
Gail Griffith
Innovate Realty
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 15, 2002
Sold by
Michael Vergilio
Bought by
Michael Vergilio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.08%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Sai Dhara 21 Llc | -- | -- | |
| First Jay Sai Llc | $120,000 | Surety Title Co Llc | |
| Michael Vergilio | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | First Jay Sai Llc | $580,000 | |
| Previous Owner | Michael Vergilio | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2014 11/21/14 | Sold | $120,000 | -13.7% | -- |
| 09/23/2014 09/23/14 | Pending | -- | -- | -- |
| 07/02/2014 07/02/14 | For Sale | $139,000 | -- | -- |
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 | $6,395 | $120,000 | $15,000 | $105,000 |
| 2024 | $6,088 | $120,000 | $15,000 | $105,000 |
| 2023 | $6,088 | $120,000 | $15,000 | $105,000 |
| 2022 | $5,830 | $120,000 | $15,000 | $105,000 |
| 2021 | $5,790 | $120,000 | $15,000 | $105,000 |
| 2020 | $5,677 | $120,000 | $15,000 | $105,000 |
| 2019 | $5,572 | $120,000 | $15,000 | $105,000 |
| 2018 | $5,306 | $120,000 | $15,000 | $105,000 |
| 2017 | $5,082 | $120,000 | $15,000 | $105,000 |
| 2016 | $4,849 | $120,000 | $15,000 | $105,000 |
| 2015 | $6,210 | $161,800 | $15,000 | $146,800 |
| 2014 | $5,983 | $161,800 | $15,000 | $146,800 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Podgorski
-
Gail Griffith
G
Buyer's Agent in 2014
Gail Griffith
Innovate Realty
(732) 261-9277
2 Total Sales
Map
Source: Bright MLS
MLS Number: 1002992918
APN: 24-00009-0000-00011
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