NOT LISTED FOR SALE

641 E Wood St Vineland, NJ 08360

Estimated Value: $391,407

-- Bed
-- Bath
-- Sq Ft
7,500 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $195,000

Est. 101% increase in value since last sale

Current estimated payment $2,689/month

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Landis Park
  • En-Suite Primary Bedroom

About This Home

As of December 2018

Come see this Incredible investment oppurtunity. 5 unit apartment property. (1) 2 bedroom, (2) 1 bedroom, (2) effeciency. Strong rental history. All units occupied. Seperate gas and electric meters. Property in Center City Redevelopement Plan. Multi-use property. Permitted uses in this zoning also include retail sales, storefront retail, banks, restaurant, store and shops. Located near major highways, shopping centers, public transporations, theaters, restaurants etc. Annual gross income 37,740. Money maker!!

Last Agent to Sell the Property

Naomi Kenelia

(856) 305-8426 naomikenelia@kw.com Keller Williams Prime Realty License #0560564 Listed on: 03/30/2018

Keller Williams Prime Realty

Last Buyer's Agent

William Gruccio

(856) 305-4733 wgruccio@gmail.com Atlas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,408

Year Built

  • Built in 1926

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-03020-00008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,000
  • Operating Expense $10,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,408

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Remarks Public: Come see this Incredible investment oppurtunity. 5 unit apartment property. (1) 2 bedroom, (2) 1 bedroom, (2) effeciency. Strong rental history. All units occupied. Seperate gas and electric meters. Property in Center City Redevelopement Plan. Multi-use property. Permitted uses in this zoning also include retail sales, storefront retail, banks, restaurant, store and shops. Located near major highways, shopping centers, public transporations, theaters, restaurants etc. Annual gross income 37,740. Money maker!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 641

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • 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 Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1850.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115

Lot Info

  • Improvement Assessed Value: 115000.00
  • Land Assessed Value: 125000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37740.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 3151045
  • Tax Annual Amount: 6408.00
  • Assessor Parcel Number: 14-03020-00008
  • Tax Lot: 00008
  • Tax Year: 2017
  • Close Date: 12/21/2018

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
818 Properties Llc
Bought by
City Of Vineland
Current Estimated Value
$391,407

Purchase Details

Listed on
Mar 30, 2018
Closed on
Dec 21, 2018
Sold by
Pizzo Anthony and Pizzo Sally B
Bought by
818 Properties Llc
Seller's Agent
Naomi Kenelia
Keller Williams Prime Realty
Buyer's Agent
William Gruccio
Atlas Real Estate
List Price
$240,000
Sold Price
$195,000
Premium/Discount to List
-$45,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Jan 14, 2002
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
City Of Vineland $315,000 Beacon Title
818 Properties Llc $195,000 --
-- $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $195,000 0.0% --
10/06/2018 10/06/18 Pending -- -- --
09/30/2018 09/30/18 Off Market $195,000 -- --
09/15/2018 09/15/18 Price Changed $220,000 -8.3% --
03/30/2018 03/30/18 For Sale $240,000 -- --
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 -- $125,000 $125,000 --
2024 -- $125,000 $125,000 $0
2023 $7,366 $125,000 $125,000 $0
2022 $7,366 $240,000 $125,000 $115,000
2021 $7,231 $240,000 $125,000 $115,000
2020 $7,025 $240,000 $125,000 $115,000
2019 $6,929 $240,000 $125,000 $115,000
2018 $6,746 $240,000 $125,000 $115,000
2017 $6,408 $240,000 $125,000 $115,000
2016 $6,182 $240,000 $125,000 $115,000
2015 $5,954 $240,000 $125,000 $115,000
2014 $5,630 $240,000 $125,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000326334

Bright MLS

APN: 14-03020-0000-00008