NOT LISTED FOR SALE

7 Franklin St Penns Grove, NJ 08069

Estimated Value: $128,000 - $176,000

-- Bed
-- Bath
1,631 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $75,000 $46 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,069/month

Highlights

  • Victorian Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2021

Great Investment property!!! The bottom floor unit has 2 bedrooms and one bath and the upper unit has 2 bedroom and 1 bath with a finished attic space. New roof. The combined rents are $1768.

Last Agent to Sell the Property

Patricia Settar

(856) 297-5790 patsettar@realtor.com BHHS Fox & Roach-Mullica Hill South Listed on: 03/03/2021

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

kevin boucher

kevintboucher@gmail.com Keller Williams Premier License #2080443

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1970

Lot Details

  • 5,839 Sq Ft Lot
  • Lot Dimensions are 43.00 x 135.80

Parking

  • On-Street Parking

Home Design

  • 1,631 Sq Ft Home
  • Duplex
  • Victorian Architecture

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 08-00049-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,174

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Sq Ft: 1631
  • Living Area Sq Ft: 1631
  • Price Per Sq Ft: 55.18
  • Above Grade Finished Sq Ft: 1631
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Heating Fuel: Oil
  • 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: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 43.00 x 135.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5839.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3174.00
  • Assessor Parcel Number: 08-00049-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1631
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/22/2021

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jul 1, 2021
Sold by
Howdershell Property Investments Llc
Bought by
Talon Property Tnvestements Llc
Seller's Agent
Patricia Settar
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
kevin boucher
Keller Williams Premier
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%
Current Estimated Value
$146,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,609
Avg. Annual Appreciation
17.35%

Purchase Details

Listed on
Mar 28, 2016
Closed on
Feb 7, 2017
Sold by
Felcol 7 Franklin Llc
Bought by
Howdershell Property Investments Llc
Seller's Agent
BETSEY DEFILLIPPIS
OMNI Real Estate Professionals
Buyer's Agent
Michael DeFillippis
OMNI Real Estate Professionals
List Price
$74,900
Sold Price
$47,667
Premium/Discount to List
-$27,233
-36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$107,250
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 27, 2007
Sold by
Stewart William L
Bought by
Ferrell Robert and Ferrell Colosi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2006
Sold by
Bk Realty Solutions Llc
Bought by
Stewart Wililam L and Stewart Jill H

Purchase Details

Closed on
Dec 1, 2004
Sold by
Adelmann Daniel P
Bought by
Bk Realty Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Stewart William L and Stewart Jill H
Bought by
Adelmann Daniel P

Purchase Details

Closed on
Mar 11, 1998
Sold by
Sbs Investments
Bought by
Stewart William L and Stewart Jill

Purchase Details

Closed on
Feb 13, 1998
Sold by
Lynlind Properties
Bought by
S B S Investments
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Talon Property Tnvestements Llc $75,000 Foundation Title Llc
Howdershell Property Investments Llc $47,667 None Available
Ferrell Robert $80,000 --
Stewart Wililam L -- Salem Oak Title Agency Inc
Bk Realty Solutions Llc $585,000 Salem Oak Title Agency Inc
Adelmann Daniel P $75,200 Salem Oak Title Agency Inc
Stewart William L $35,000 Salem Oak Title Agency Inc
S B S Investments $15,000 West Jersey Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howdershell Property Investments Llc $107,250
Previous Owner Ferrell Robert $80,000
Previous Owner Bk Realty Solutions Llc $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $75,000 -16.7% $46 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $90,000 0.0% $55 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $90,000 +88.8% $55 / Sq Ft
01/31/2017 01/31/17 Sold $47,667 -36.4% $34 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $74,900 -- $54 / 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 $3,500 $63,100 $11,200 $51,900
2024 $3,382 $63,100 $11,200 $51,900
2023 $3,382 $63,100 $11,200 $51,900
2022 $3,260 $63,100 $11,200 $51,900
2021 $3,120 $63,100 $11,200 $51,900
2020 $3,161 $63,100 $11,200 $51,900
2019 $3,174 $63,100 $11,200 $51,900
2018 $3,905 $96,800 $19,200 $77,600
2017 $3,918 $96,800 $19,200 $77,600
2016 $3,770 $96,800 $19,200 $77,600
2015 $3,612 $96,800 $19,200 $77,600
2014 $3,572 $96,800 $19,200 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA141022

Bright MLS

APN: 08-00049-0000-00007