NOT LISTED FOR SALE

700 Main St Riverton, NJ 08077

Estimated Value: $484,000 - $494,000

-- Bed
-- Bath
3,157 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $407,000 $129 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,543/month

52 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Riverton
  • Eat-In Kitchen
  • Deck
  • Porch
  • 3-minute walk to Riverton Memorial Park

About This Home

As of July 2022

Welcome to this BEAUTIFUL 3-Story Triplex situated on a CORNER LOT in historic Riverton!! Great opportunity!! The property has been updated over the years for today’s living! The home has plenty of historic charm with high ceilings and original woodworking! There are 3 separate units, all with 2 Bedrooms, 1 Bath, with large rooms and spacious closets, and a neutral color palate. All units have updated kitchens and baths, upgraded electric, plumbing, and windows. The first floor has newly installed carpeting and freshly painted throughout with its own private entrance from the back porch. There’s also a basement that can be easily accessed outside the home. Unit 1 is Vacant. Units 2 and 3 are tenant occupied - both paying $1,150/Month and are currently month-month. Landlord pays Water/Sewer/Heat for entire home. There are 4 separate gas/electric bills — one for each unit and landlord pays one for common areas/heat on entire home and laundry area that’s accessed from separate area on back porch. In walking distance to restaurants and ice cream, RiverLine, and the River! Front Porch also on Main Street, which is the location for Riverton’s 4th of July parade! Don’t miss your opportunity!

Last Agent to Sell the Property

Raymond Moorhouse

Keller Williams Realty - Cherry Hill License #8936099 Listed on: 03/31/2022

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Michele Arnold

Compass New Jersey, LLC - Moorestown License #18385

Compass New Jersey, LLC - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1900

Lot Details

  • 9,496 Sq Ft Lot
  • Lot Dimensions are 50.00 x 190.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • A-Frame Home
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 3,157 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Riverton Elementary School
  • Riverton Middle School
  • Palmyra High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, lawn/shrub care, sewer, snow removal, water
  • Tax Lot 00001
  • Assessor Parcel Number 31-01104-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: A-Frame, Colonial
  • Ownership: Fee Simple
  • Exclusions: All personal property
  • Inclusions: Existing Appliances in all three units
  • New Construction: No
  • Expected On Market: 2022-04-08
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this BEAUTIFUL 3-Story Triplex situated on a CORNER LOT in historic Riverton!! Great opportunity!! The property has been updated over the years for today’s living! The home has plenty of historic charm with high ceilings and original woodworking! There are 3 separate units, all with 2 Bedrooms, 1 Bath, with large rooms and spacious closets, and a neutral color palate. All units have updated kitchens and baths, upgraded electric, plumbing, and windows. The first floor has newly installed carpeting and freshly painted throughout with its own private entrance from the back porch. There’s also a basement that can be easily accessed outside the home. Unit 1 is Vacant. Units 2 and 3 are tenant occupied - both paying $1,150/Month and are currently month-month. Landlord pays Water/Sewer/Heat for entire home. There are 4 separate gas/electric bills — one for each unit and landlord pays one for common areas/heat on entire home and laundry area that’s accessed from separate area on back porch. In walking distance to restaurants and ice cream, RiverLine, and the River! Front Porch also on Main Street, which is the location for Riverton’s 4th of July parade! Don’t miss your opportunity!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven - Self Cleaning, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Kitchen - Eat-In, Tub Shower
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3157
  • Living Area Sq Ft: 3157
  • Price Per Sq Ft: 126.67
  • Above Grade Finished Sq Ft: 3157
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 700

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • 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: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RIVERTON BOROUGH PUBLIC SCHOOLS
  • Elementary School: RIVERTON E.S.
  • Middle School: RIVERTON
  • High School: PALMYRA H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396960
  • School District Source: Listing Agent
  • Elementary School: RIVERTON E.S.
  • High School: PALMYRA H.S.
  • Middle Or Junior School: RIVERTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 184800.00
  • Land Assessed Value: 89100.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9496.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: RES.

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 1734222
  • Tax Annual Amount: 10000.00
  • Assessor Parcel Number: 31-01104-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 3157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/12/2022

MLS Schools

  • School District Name: RIVERTON BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 11, 2022
Sold by
Danela Llc
Bought by
Rainer Joseph
Seller's Agent
Raymond Moorhouse
Keller Williams Realty - Cherry Hill
Buyer's Agent
Michele Arnold
Compass New Jersey, LLC - Moorestown
List Price
$399,900
Sold Price
$407,000
Premium/Discount to List
$7,100
1.78%
Current Estimated Value
$489,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,196
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Pinkham Derek J
Bought by
Danlea Llc

Purchase Details

Closed on
Aug 13, 1999
Sold by
Danowitz Edmund M and Danowitz Anita G
Bought by
Pinkham Derek J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rainer Joseph $407,000 Fidelity National Title
Danlea Llc $195,000 Security First Title Partner
Pinkham Derek J $157,500 Group 21 Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Danlea Llc $50,000
Previous Owner Pinkham Derek J $149,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $407,000 +1.8% $129 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $399,900 0.0% $127 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $399,900 0.0% $127 / Sq Ft
03/31/2022 03/31/22 Price Changed $399,900 -- $127 / 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 $10,534 $273,900 $89,100 $184,800
2024 $10,236 $273,900 $89,100 $184,800
2023 $10,236 $273,900 $89,100 $184,800
2022 $9,986 $273,900 $89,100 $184,800
2021 $10,000 $273,900 $89,100 $184,800
2020 $10,006 $273,900 $89,100 $184,800
2019 $9,833 $273,900 $89,100 $184,800
2018 $9,721 $273,900 $89,100 $184,800
2017 $9,526 $273,900 $89,100 $184,800
2016 $9,143 $273,900 $89,100 $184,800
2015 $8,962 $273,900 $89,100 $184,800
2014 $8,743 $273,900 $89,100 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2021484

Bright MLS

APN: 31-01104-0000-00001