NOT LISTED FOR SALE

69 Jackson Rd Berlin, NJ 08009

Estimated Value: $361,659 - $408,000

Studio
-- Bath
1,920 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $295,000 $154 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,641/month

8 Days on Market

About This Home

As of January 2023

Owner/Landlord or Investment Opportunity in Berlin. Duplex with 2-2 bedroom units. Both apartments are identical layouts and sizes—ample space for small families. The upstairs unit is vacant and lower unit will be vacant by the end of the year if not sooner. Average rents in the area for 2 bedroom units range from $1300-1600/monthly. There is potential for a 3 unit in the lower level with some renovations

Last Agent to Sell the Property

Christopher Basile

(856) 207-1578 Cbasile@kw.com Keller Williams Realty - Washington Township License #RS365765 Listed on: 10/24/2022

Keller Williams Realty - Washington Township

Last Buyer's Agent

FRANCES MANZONI

(609) 221-5737 fmanzoni@comcast.net Century 21 Rauh & Johns License #NJ-0344511

Century 21 Rauh & Johns

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,116

Year Built

  • Built in 1930

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100.00 x 159.00

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 00002
  • Assessor Parcel Number 05-01500-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,116

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Home Warranty: No
  • Inclusions: All Existing Appliances in both units in as-is condition.
  • New Construction: No
  • Expected On Market: 2022-10-25
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 155.73
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 147800.00
  • Land Assessed Value: 67200.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 100.00 x 159.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15899.00
  • Zoning: R-2

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 36000.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 36000.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1778864
  • Tax Annual Amount: 7116.00
  • Assessor Parcel Number: 05-01500-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: EASTERN CAMDEN COUNTY REG SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Jan 6, 2023
Sold by
Aggarwal Anita
Bought by
Worthington Jeffrey
Seller's Agent
Christopher Basile
Keller Williams Realty - Washington Township
Buyer's Agent
FRANCES MANZONI
Century 21 Rauh & Johns
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Views
25
Current Estimated Value
$390,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,915
Avg. Annual Appreciation
9.64%
Original Mortgage
$221,250
Outstanding Balance
$214,257
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$176,658

Purchase Details

Closed on
May 17, 2005
Sold by
Khan Jehan Z
Bought by
Aggarwal Rajesh and Aggarwal Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.95%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Devito Michael A
Bought by
Khan Jehan Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
7.13%

Purchase Details

Closed on
Jul 27, 1999
Sold by
Maloney Franklin C
Bought by
Devito Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
7.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worthington Jeffrey $295,000 Foundation Title
Worthington Jeffrey $295,000 Foundation Title
Aggarwal Rajesh $245,000 --
Khan Jehan Z $155,000 --
Devito Michael A $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worthington Jeffrey $221,250
Closed Worthington Jeffrey $221,250
Previous Owner Aggarwal Rajesh $157,500
Previous Owner Khan Jehan Z $131,750
Previous Owner Devito Michael A $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $295,000 -1.3% $154 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $299,000 -- $156 / 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 $7,334 $215,000 $67,200 $147,800
2024 $7,267 $215,000 $67,200 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2037166

Bright MLS

APN: 05-01500-0000-00002