NOT LISTED FOR SALE

621 E Pine St Millville, NJ 08332

Estimated Value: $180,000 - $236,000

-- Bed
-- Bath
1,500 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $80,000 $53 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,442/month

409 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Attic
  • Family Room Off Kitchen
  • Forced Air Heating System

About This Home

As of May 2020

Great investment opportunity now available in Millville! 3 total units, one 2-bedroom, and two 1 bedroom unit, fully leased out and ready for purchase! Renovated in 2012! Close proximity to downtown and recently renovated.

Last Agent to Sell the Property

Cecily Cao

(856) 318-2966 cecily.cao@remax.net RE/MAX Preferred - Cherry Hill License #RS320084 Listed on: 03/19/2019

RE/MAX Preferred - Cherry Hill

Last Buyer's Agent

Cecily Cao

(856) 318-2966 cecily.cao@remax.net RE/MAX Preferred - Cherry Hill License #RS320084 Listed on: 03/19/2019

RE/MAX Preferred - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1900 | Remodeled in 2012

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 18.00 x 100.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Eat-In Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, sewer
  • Tax Lot 00005
  • Assessor Parcel Number 10-00434-00005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Operating Expense $5,437
  • Net Operating Income $16,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,930

Year Built

Built in 1900 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2012
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Attic/House Fan, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 76.67
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • Spa: No
  • 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 Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43700.00
  • Land Assessed Value: 12400.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Property Condition: Good
  • Zoning: TRIPLEX

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Sewer
  • Rent Control: No
  • Total Actual Rent: 22200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Income: 22200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 5437.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 3136686
  • Tax Annual Amount: 1930.00
  • Assessor Parcel Number: 10-00434-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2009
Sold by
Souder Moore Donna and Souder Thomas C
Bought by
Affordable Investments And Rentals Llc
Current Estimated Value
$206,206
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Affordable Investments And Rentals Llc $67,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $80,000 -30.4% $53 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $115,000 -8.0% $77 / Sq Ft
08/03/2019 08/03/19 Price Changed $125,000 -3.8% $83 / Sq Ft
05/14/2019 05/14/19 For Sale $129,900 0.0% $87 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $129,900 +3.9% $87 / Sq Ft
03/19/2019 03/19/19 For Sale $125,000 0.0% $83 / Sq Ft
08/01/2013 08/01/13 Rented -- -- --
07/02/2013 07/02/13 Under Contract -- -- --
01/24/2013 01/24/13 For Rent -- -- --
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 $4,376 $111,500 $25,200 $86,300
2024 $4,376 $111,500 $25,200 $86,300
2023 $4,340 $111,500 $25,200 $86,300
2022 $4,227 $111,500 $25,200 $86,300
2021 $2,058 $56,100 $12,400 $43,700
2020 $2,024 $56,100 $12,400 $43,700
2019 $1,930 $56,100 $12,400 $43,700
2018 $1,890 $56,100 $12,400 $43,700
2017 $1,873 $56,100 $12,400 $43,700
2016 $1,849 $56,100 $12,400 $43,700
2015 $1,808 $56,100 $12,400 $43,700
2014 $1,811 $56,100 $12,400 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB118414

Bright MLS

APN: 10-00434-0000-00005