SOLD FEB 28, 2024
RENTED JUL 15, 2024
634B Berkley St Camden, NJ 08103
Lanning Square Neighborhood
3
Beds
2
Baths
1,260
Sq Ft
$65/mo
HOA Fee
Highlights
- Living Room
- Forced Air Heating and Cooling System
- 3-minute walk to Sheila L. Roberts Park/Cooper Park
About This Home
As of February 2024RARE INVESTMENT OPPORTUNITY!!! LOCATION, LOCATION, LOCATION!!! x23 unit portfolio located in Cooper Plaza down the street from Cooper Hospital!! Excellent opportunity to provide reliable & safe housing to Dr's, Nurses, Medical Students, interns, and any and all Hospital Staff for all time high premium rents!!! Located in the highly sought after neighborhood of Lanning Square with the hospital just down the street as well as Coriell Institute and all the developments and improvements that the number one appreciating City in the Country continues to deliver. Generate steady income AND become the majority stakeholder in the Cooper Plaza HOA!!! All Units must be bought as a package for $2,300,000. Purchaser will have Majority control of Cooper Plaza HOA. Run the HOA as you see fit including levying assessments or dissolving HOA if one wishes. The portfolio should qualify for a myriad of programs! Not only is this portfolio located in an opportunity zone, the portfolio should also qualify for redevelopment grants via the Historic Property Reinvestment Program in conjunction with the Federal Historic Tax Credit Program. Portfolio offers residents access to TWO parking lots. A novel commodity for the area that you won't want to miss!!! Entrances for the lots are located on S 7th St. Properties were fully renovated in the 90's to offer a more contemporary design while maintaining their Victorian charm! This Portfolio is OVERFLOWING with massive intrinsic potential!! All units being sold in as-is condition. Buyer is Responsible for Certificate of Occupancy. Schedule a showing TODAY, you won't want to miss this!!! *Please note: portfolio includes the following units: 620A Berkley St, 620B Berkley St, 622A Berkley St, 624B Berkley St, 626B Berkley St, 628A Berkley St, 630A Berkley St, 630B Berkley St, 632A Berkley St, 632B Berkley St, 634A Berkley St, 634B Berkley St, 636B Berkley St, 638A Berkley St, 638B Berkley St, 640A Berkley St, 640B Berkley St, 642B Berkley St, 644A Berkley St, 644B Berkley St, 653A Berkley St, 653B Berkley St, 657B Berkley St*
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,100
Year Built
- Built in 1880 | Remodeled in 1997
Lot Details
- 980 Sq Ft Lot
- Lot Dimensions are 14.00 x 70.00
HOA Fees
- $65 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Permanent Foundation
Interior Spaces
- 1,260 Sq Ft Home
- Property has 2 Levels
- Living Room
Bedrooms and Bathrooms
Parking
- On-Street Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Electric Water Heater
Community Details
- Cooper Plaza HOA
- Lanning Square Subdivision
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 08-01411-00011-C0035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2023
Closed on
Feb 28, 2024
Sold by
Definitive Properties Llc
Bought by
Jannah Real Estate 1 Llc
Seller's Agent
Patrick Gorman
Keller Williams - Main Street
Buyer's Agent
Patrick Gorman
Keller Williams - Main Street
List Price
$100,000
Sold Price
$108,696
Premium/Discount to List
$8,696
8.7%
Total Days on Market
53
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,866
Avg. Annual Appreciation
34.54%
Purchase Details
Closed on
Mar 22, 2005
Sold by
Robinson Toni
Bought by
Definitive Prop Llc
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,500,000 | Infinity Title | |
| Deed | $43,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Rented | $1,800 | 0.0% | -- |
| 04/24/2024 04/24/24 | For Rent | $1,800 | 0.0% | -- |
| 02/28/2024 02/28/24 | Sold | $108,696 | +8.7% | $86 / Sq Ft |
| 01/12/2024 01/12/24 | Pending | -- | -- | -- |
| 11/20/2023 11/20/23 | For Sale | $100,000 | -- | $79 / Sq Ft |
Source: Bright MLS
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 | $2,141 | $62,500 | $5,500 | $57,000 |
| 2023 | $2,141 | $62,500 | $5,500 | $57,000 |
| 2022 | $2,101 | $62,500 | $5,500 | $57,000 |
| 2021 | $2,093 | $62,500 | $5,500 | $57,000 |
| 2020 | $1,988 | $62,500 | $5,500 | $57,000 |
| 2019 | $1,903 | $62,500 | $5,500 | $57,000 |
| 2018 | $1,893 | $62,500 | $5,500 | $57,000 |
| 2017 | $1,847 | $62,500 | $5,500 | $57,000 |
| 2016 | $1,788 | $62,500 | $5,500 | $57,000 |
| 2015 | $1,721 | $62,500 | $5,500 | $57,000 |
| 2014 | $1,653 | $61,500 | $5,500 | $56,000 |
Source: Public Records
About the Listing Agent
When you work with Patrick, you will receive a knowledgeable and professional real estate agent, a committed ally to negotiate on your behalf, the systems in place to streamline buying or selling your home, and the backing of the #1 Real Estate company in America, Keller Williams Realty.
Patrick's Other Listings
Source: Bright MLS
MLS Number: NJCD2057960
APN: 08-01411-0000-00011-0000-C0035
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