NOT LISTED FOR SALE

623 Salem Quinton Rd Salem, NJ 08079

Estimated Value: $247,228 - $281,000

-- Bed
-- Bath
1,482 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $166,000 $112 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,817/month

116 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Dual Staircase
  • No HOA
  • Porch

About This Home

As of March 2021

ADORABLE 2 unit investment property with 2 bedrooms/1 bath downstairs and a 1 bedroom/1 bath upstairs unit! Easily converted back into single family home as well via interior stairs. This home features many updates and upgrades such as a newer roof and replacement windows, hot water heater, exterior stairs, basement exterior entrance, new flooring, new carpet, new stove, tile bath, and more! You don't want to miss this one!

Last Agent to Sell the Property

Jessica Elwell

Weichert Realtors-Mullica Hill License #0678117 Listed on: 10/04/2020

Weichert Realtors-Mullica Hill

Last Buyer's Agent

Christy Schmidt

Keller Williams Realty - Atlantic Shore

Keller Williams Realty - Atlantic Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1941

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 95.00 x 167.00
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Off-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,482 Sq Ft Home
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Harris Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-00010-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,889

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Automatically Close On Close Date: No
  • Remarks Public: ADORABLE 2 unit investment property with 2 bedrooms/1 bath downstairs and a 1 bedroom/1 bath upstairs unit! Easily converted back into single family home as well via interior stairs. This home features many updates and upgrades such as a newer roof and replacement windows, hot water heater, exterior stairs, basement exterior entrance, new flooring, new carpet, new stove, tile bath, and more! You don't want to miss this one!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile/Brick, Laminated, Carpet
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Pantry, Tub Shower, Wood Floors
  • Fireplace: No
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1482
  • Living Area Sq Ft: 1482
  • Price Per Sq Ft: 109.31
  • Above Grade Finished Sq Ft: 1482
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 623

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: QUINTON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396390
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 95.00 x 167.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15865.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3889.00
  • Assessor Parcel Number: 12-00010-00002
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/15/2021

MLS Schools

  • School District Name: QUINTON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Mar 15, 2021
Sold by
Keen John Reader and Hogate Jenna Nicole
Bought by
Schmidt Michael R and Schmidt Christy L
Seller's Agent
Jessica Elwell
Weichert Realtors-Mullica Hill
Buyer's Agent
Christy Schmidt
Keller Williams Realty - Atlantic Shore
List Price
$162,000
Sold Price
$166,000
Premium/Discount to List
$4,000
2.47%
Current Estimated Value
$265,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,557
Avg. Annual Appreciation
9.59%
Original Mortgage
$162,993
Outstanding Balance
$149,167
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$100,130

Purchase Details

Closed on
Jun 9, 2015
Sold by
Gilliam Tammie Marie
Bought by
Keen Reader and Nicole Hogate Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2014
Sold by
Droppa Gary and Droppa Kathy
Bought by
State Agriculture Development Committee

Purchase Details

Closed on
Oct 22, 2010
Sold by
Mullen Amy and Layman Patricia
Bought by
Gilliam Tammy Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,538
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2010
Sold by
Mullen Amy
Bought by
Layman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,538
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2009
Sold by
Layman Patricia
Bought by
Mullen Amy
Source: Public Records

Range of Values:

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Average Value
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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
Schmidt Michael R $166,000 Fidelity National Ttl Ins Co
Keen Reader $155,000 Commonwealth Land Title
State Agriculture Development Committee -- Coretitle Llc
Gilliam Tammy Marie $110,000 --
Layman Patricia -- --
Mullen Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Michael R $162,993
Previous Owner Stites Tracy L $175,000
Previous Owner Keen Reader $152,192
Previous Owner Gilliam Tammy Marie $108,538
Previous Owner Layman Patricia $71,000
Previous Owner Layman Orville L $111,500
Previous Owner Layman Orville L $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $166,000 +2.5% $112 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/04/2020 10/04/20 For Sale $162,000 -- $109 / 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
2024 $4,439 $125,900 $21,000 $104,900
2023 $4,439 $125,900 $21,000 $104,900
2022 $4,145 $125,900 $21,000 $104,900
2021 $3,889 $125,900 $21,000 $104,900
2020 $3,889 $125,900 $21,000 $104,900
2019 $4,046 $141,800 $32,000 $109,800
2018 $4,004 $141,800 $32,000 $109,800
2017 $4,037 $141,800 $32,000 $109,800
2016 $3,942 $141,800 $32,000 $109,800
2015 $3,729 $141,800 $32,000 $109,800
2014 $3,632 $141,800 $32,000 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA139602

Bright MLS

APN: 12-00010-0000-00002