NOT LISTED FOR SALE

648 N Broad St Unit 50 Woodbury, NJ 08096

Estimated Value: $305,000 - $353,000

-- Bed
-- Bath
2,208 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $215,000 $97 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,451/month

Highlights

  • No HOA
  • Hot Water Heating System
  • Energy-Efficient Windows
  • En-Suite Primary Bedroom
  • Replacement Windows
  • Wall to Wall Carpet

About This Home

As of December 2017

Investor looking for a great positive cash flow has found it here with this 4-one Bedroom apartment building with an amazing rental history. Tenants pay their own heat and electric. Each unit has it's own newer gas heaters, approximately 6 years old. Each unit has it's own electric meter and gas meter. Landlord pays water, sewer and common electric. Property is all vinyl sided. Replacement windows were replaced approximately 10 years ago. Each unit consist of a Living room, Kitchen, 1 Bedroom and 1 Bath. Conveniently located on N. Broad Street with public transportation bus stop within 1 block. Also conveniently located to shopping, restaurants and quick access to Rt 295 North and South to be in the CIty within 10 minutes and Delaware within 20 minutes. Run the numbers and you will love the rate of return on your investment.

Last Agent to Sell the Property

Ron Bruce

(856) 343-6098 ron.bruce@foxroach.com BHHS Fox & Roach-Mullica Hill South License #8541117 Listed on: 05/08/2017

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Daniel Mauz

(856) 343-0130 dan@themauzgroup.com Keller Williams Realty - Washington Township License #0559622

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,640

Year Built

  • Built in 1930

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 40x145
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,208 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Woodbury Jr Sr High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 22-00125-00015

Community Details

Overview

  • No Home Owners Association
  • North Woodbury Subdivision

Building Details

  • Electric Expense $900
  • Insurance Expense $1,384
  • Other Expense $870
  • Operating Expense $13,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,640

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: 4 Ranges
  • New Construction: No
  • Other Expense: 870.00
  • Year Built: 1930
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2208
  • Living Area Sq Ft: 2208
  • Price Per Sq Ft: 101.90
  • Above Grade Finished Sq Ft: 2208
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 900.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3842.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: WOODBURY JR SR

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 40X145
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5800.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 40212.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 6640.00
  • Assessor Parcel Number: 22-00125-00015
  • Tax Lot: 00015
  • Tax Year: 2016

MLS Schools

  • School District Name: WOODBURY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Connery Property Holdings Llc
Bought by
Fried Avrohom
Current Estimated Value
$326,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$201,751
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$124,703

Purchase Details

Listed on
May 8, 2017
Closed on
Dec 21, 2017
Sold by
Dunn Donald J and Dunn Kathleen M
Bought by
Connery Property Holdings Llc
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Daniel Mauz
Keller Williams Realty - Washington Township
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Mar 30, 1995
Sold by
Dunn Donald J and Dunn Kathleen M
Bought by
Dunn Donald J and Dunn Kathleen M
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
Fried Avrohom $275,000 Old Republic National Title
Fried Avrohom $275,000 Old Republic National Title
Connery Property Holdings Llc $215,000 None Available
Dunn Donald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fried Avrohom $206,250
Closed Fried Avrohom $206,250
Closed Connery Property Holdings Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $215,000 -4.4% $97 / Sq Ft
12/20/2017 12/20/17 Price Changed $225,000 0.0% $102 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
10/17/2017 10/17/17 Price Changed $225,000 -10.0% $102 / Sq Ft
10/03/2017 10/03/17 For Sale $250,000 0.0% $113 / Sq Ft
10/02/2017 10/02/17 Price Changed $250,000 0.0% $113 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $250,000 -- $113 / 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
2025 $8,915 $185,300 $26,700 $158,600
2024 $8,598 $185,300 $26,700 $158,600
2023 $8,598 $185,300 $26,700 $158,600
2022 $8,446 $185,300 $26,700 $158,600
2021 $8,335 $185,300 $26,700 $158,600
2020 $7,249 $146,800 $20,300 $126,500
2019 $7,005 $146,800 $20,300 $126,500
2018 $6,850 $146,800 $20,300 $126,500
2017 $6,734 $146,800 $20,300 $126,500
2016 $6,640 $146,800 $20,300 $126,500
2015 $6,531 $146,800 $20,300 $126,500
2014 $6,428 $146,800 $20,300 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000358285

Bright MLS

APN: 22-00125-0000-00015