NOT LISTED FOR SALE

64 Penn St Penns Grove, NJ 08069

Estimated Value: $156,000 - $211,000

-- Bed
-- Bath
1,550 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $145,000 $94 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,474/month

53 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceiling Fan
  • Backs to Trees or Woods
  • Forced Air Heating System
  • Property is in very good condition

About This Home

As of May 2021

Perfect for the savvy Investor looking for either two rental income properties or maybe live in one and lease the other. This sale would include the 4 bedroom home (64 Penns) and the 1 bedroom apartment (64 1/2 Penns) over the separate building (prior garage). Main house (Tenant occupied) is spacious and well maintained. First floor conveniently features two Bedrooms and full Bathroom. Living room is perfectly sized for your family gatherings. Separate Dining room offers space for nicely sized table, chairs and extra space for additional furniture. Kitchen includes refrigerator and electric range. Access to the second floor is a focal point with a beautiful set of stairs with wrought iron railing. The 3rd and 4th Bedrooms on the second floor are quite large. Basement provides additional storage space and hook-up for Washer and Dryer. Separate Building has a second floor - 1 Bedroom Apartment with Living room, Kitchen and Full Bathroom. This unit also has its own hot water heater, heater and electric panel. This is an AS IS sale with all inspections, repairs, certifications the responsibility of the buyer.

Last Agent to Sell the Property

Christy Myers

American Dream Realty of South Jersey License #1649390 Listed on: 02/27/2021

Last Buyer's Agent

Melanie Elliott

Century 21 Veterans-Newtown License #RS307403

Century 21 Veterans-Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 1954

Lot Details

  • 3,850 Sq Ft Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Home Design

  • Duplex
  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Tenant House

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 09-00125-00002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,393

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings plus - shed in back of main house, washer/dryer, extra freezer, microwave, mini fridge, window units, wooden shelves in basement
  • Inclusions: Electric Range, Refrigerator
  • New Construction: No
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Perfect for the savvy Investor looking for either two rental income properties or maybe live in one and lease the other. This sale would include the 4 bedroom home (64 Penns) and the 1 bedroom apartment (64 1/2 Penns) over the separate building (prior garage). Main house (Tenant occupied) is spacious and well maintained. First floor conveniently features two Bedrooms and full Bathroom. Living room is perfectly sized for your family gatherings. Separate Dining room offers space for nicely sized table, chairs and extra space for additional furniture. Kitchen includes refrigerator and electric range. Access to the second floor is a focal point with a beautiful set of stairs with wrought iron railing. The 3rd and 4th Bedrooms on the second floor are quite large. Basement provides additional storage space and hook-up for Washer and Dryer. Separate Building has a second floor - 1 Bedroom Apartment with Living room, Kitchen and Full Bathroom. This unit also has its own hot water heater, heater and electric panel. This is an AS IS sale with all inspections, repairs, certifications the responsibility of the buyer.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished, Sump Pump
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 93.55
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 64

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Tenant House
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396394

Lot Info

  • Improvement Assessed Value: 114900.00
  • Land Assessed Value: 27700.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3850.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: 01

Rental Info

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

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 2201186
  • Tax Annual Amount: 6393.00
  • Assessor Parcel Number: 09-00125-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/24/2021

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Wolcott Richard
Bought by
Velazquez Marta Janet Sanabria
Current Estimated Value
$193,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,040
Outstanding Balance
$42,311
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$127,421

Purchase Details

Closed on
Dec 22, 2003

Purchase Details

Closed on
Apr 11, 2003
Sold by
Smith James K
Bought by
Hud

Purchase Details

Closed on
Oct 4, 2001
Sold by
Foreclosure 911 Inc
Bought by
Smith James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,202
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2001
Sold by
Manufacturers & Traders Trust Company
Bought by
Foreclosure 911 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.85%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Brooks John H and Brooks Patricia A
Bought by
Manufacturers & Traders Trust Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velazquez Marta Janet Sanabria $53,000 Heritage Title And Abstract
-- $50,200 --
Wolcott Richard $50,220 Independence Abstract & Titl
Hud -- First Financial Title Agency
Smith James K $88,900 --
Foreclosure 911 Inc $33,500 --
Manufacturers & Traders Trust Company $8,129 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Marta Janet Sanabria $52,040
Previous Owner Smith James K $88,202
Previous Owner Foreclosure 911 Inc $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $145,000 0.0% $94 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $145,000 0.0% $94 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $145,000 -- $94 / 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 $5,060 $94,400 $11,900 $82,500
2023 $5,060 $94,400 $11,900 $82,500
2022 $4,878 $94,400 $11,900 $82,500
2021 $4,667 $94,400 $11,900 $82,500
2020 $4,729 $94,400 $11,900 $82,500
2019 $4,748 $94,400 $11,900 $82,500
2018 $4,333 $107,400 $19,900 $87,500
2017 $4,348 $107,400 $19,900 $87,500
2016 $4,183 $107,400 $19,900 $87,500
2015 $4,007 $107,400 $19,900 $87,500
2014 $3,963 $107,400 $19,900 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA140938

Bright MLS

APN: 08-00003-0000-00006