NOT LISTED FOR SALE

675 Main St Sewell, NJ 08080

Estimated Value: $305,000 - $373,000

Studio
-- Bath
2,006 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $245,100 $122 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,284/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Backs to Trees or Woods
  • Forced Air Heating System
  • Centre City School Rated A-
  • Cooling Available
  • Hot Water Heating System

About This Home

As of May 2022

This Twin Style (side by side) Duplex has been in the same family of landlords since 1976. The building consists of two 3 bedroom and 1 full bath homes. Unit A is currently rented for $1350 per month. The unit was renovated in it's entirety in 2020. The current tenant has been there for 2 years. Unit B is currently rented for $1200 per month. The current tenant has been there 5 years. This unit offers a new kitchen and bath within the last 5 years. Tenants pay their own gas, electric and water and sewer. Both of these units come with a mudroom, washer and dryer hook up and a full basement. The property also comes with a two car garage which is currently rented for $150 per month. There is a large area behind the garage that many of the tenants over the years have used as a barbeque, picnic, fire pit etc and backs up to the woods. Both of these units have been approved for Section 8 in the past. The current Section 8 rate in Mantua for a 3 bedroom unit is $2304 per month. If this property was being rented at the current Section 8 rents for Mantua, including the garage, the rents would equal $4750 per moth, Taxes and insurance come to $621 per month. Do the math and come take a look for yourself!

Last Agent to Sell the Property

Marcy Ireland

(856) 418-1324 ireland.marcy@gmail.com Home and Heart Realty Listed on: 04/11/2022

Home and Heart Realty

Last Buyer's Agent

Nathaniel Geary

(856) 582-1200 natgeary@kw.com Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 1950

Lot Details

  • 0.53 Acre Lot
  • Backs to Trees or Woods

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,006 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Dishwasher

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 10-00152-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,120

Year Built

Built in 1950

Lot Details

0.53 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2006
  • Living Area Sq Ft: 2006
  • Price Per Sq Ft: 114.61
  • Above Grade Finished Sq Ft: 2006
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125200.00
  • Land Assessed Value: 48500.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22869.00
  • Zoning: 2SF

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2003710
  • Tax Annual Amount: 6120.00
  • Assessor Parcel Number: 10-00152-00016
  • Tax Lot: 00016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CLEARVIEW REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 20, 2022
Sold by
Jpall Llc
Bought by
Mckeon Stephen and Mckeon Rachel
Seller's Agent
Marcy Ireland
Home and Heart Realty
Buyer's Agent
Nathaniel Geary
Keller Williams Realty - Washington Township
List Price
$229,900
Sold Price
$245,100
Premium/Discount to List
$15,200
6.61%
Current Estimated Value
$337,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,678
Avg. Annual Appreciation
8.76%
Original Mortgage
$183,825
Outstanding Balance
$174,630
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$163,148

Purchase Details

Closed on
Jul 23, 2009
Sold by
Pallies Donald W and Pallies Karen L
Bought by
Jpall Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mckeon Stephen $245,100 Agrawal Amar A
Jpall Llc $180,000 Homestead Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeon Stephen $183,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $245,100 +6.6% $122 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $229,900 -- $115 / 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
2025 $6,322 $245,500 $58,800 $186,700
2024 $6,255 $245,500 $58,800 $186,700
2023 $6,255 $245,500 $58,800 $186,700
2022 $6,076 $173,700 $48,500 $125,200
2021 $6,121 $173,700 $48,500 $125,200
2020 $6,073 $173,700 $48,500 $125,200
2019 $5,970 $173,700 $48,500 $125,200
2018 $5,885 $173,700 $48,500 $125,200
2017 $5,796 $173,700 $48,500 $125,200
2016 $5,730 $173,700 $48,500 $125,200
2015 $5,590 $173,700 $48,500 $125,200
2014 $5,402 $173,700 $48,500 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJGL2013854

Bright MLS

APN: 10-00152-0000-00016

Your Personal Tour Guide

Ask me questions while you tour the home.