NOT LISTED FOR SALE

701 N Warwick Rd Magnolia, NJ 08049

Estimated Value: $324,101 - $417,000

-- Bed
-- Bath
3,018 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $200,000 $66 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,536/month

5 Days on Market

About This Home

As of August 2020

***CONTRACTS GOING OUT 7/13/2020, Multi Offer bids were due 7/12/2020*** Great Investment Opportunity, fully rented 4 unit property. Unit A features 2 bedrooms, 1 bath lower level front. Unit B (side access) 2nd floor features 3 bedrooms, 1 bath. Unit C (1st floor) Open Airy Unit featuring 3 bedrooms. Unit D features 2 bedrooms (upper level unit). Property is being sold strictly AS-IS buyer responsible for all lender / municipal certifications. Seller / Landlord currently pays Water / Sewer for Tenants. Leases Agreements all vary & will be provided as per request.

Last Agent to Sell the Property

Donna Rossell

EXP Realty, LLC License #902330 Listed on: 07/09/2020

EXP Realty, LLC

Last Buyer's Agent

Thomas Sadler

Ovation Realty LLC License #787778

Ovation Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 55.00 x 134.00

Parking

  • On-Street Parking

Home Design

  • 3,018 Sq Ft Home
  • Triplex
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00013
  • Assessor Parcel Number 23-00005 01-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1928
  • Remarks Public: ***CONTRACTS GOING OUT 7/13/2020, Multi Offer bids were due 7/12/2020*** Great Investment Opportunity, fully rented 4 unit property. Unit A features 2 bedrooms, 1 bath lower level front. Unit B (side access) 2nd floor features 3 bedrooms, 1 bath. Unit C (1st floor) Open Airy Unit featuring 3 bedrooms. Unit D features 2 bedrooms (upper level unit). Property is being sold strictly AS-IS buyer responsible for all lender / municipal certifications. Seller / Landlord currently pays Water / Sewer for Tenants. Leases Agreements all vary & will be provided as per request.
  • Special Features: None

Interior Features

  • Total Sq Ft: 3018
  • Living Area Sq Ft: 3018
  • Price Per Sq Ft: 59.64
  • Above Grade Finished Sq Ft: 3018
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112200.00
  • Land Assessed Value: 25800.00
  • Lot Dimensions: 55.00 x 134.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: MULTI FAMILY

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Water
  • Units Leased Count: 4
  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1898147
  • Tax Annual Amount: 6000.00
  • Assessor Parcel Number: 23-00005 01-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 3018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/05/2020

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Solomon Aaron
Bought by
Prescott Holding Company Llc
Current Estimated Value
$364,775

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 5, 2020
Sold by
Manders Mark
Bought by
Solomon Aaron
Seller's Agent
Donna Rossell
EXP Realty, LLC
Buyer's Agent
Thomas Sadler
Ovation Realty LLC
List Price
$180,000
Sold Price
$200,000
Premium/Discount to List
$20,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jun 23, 2014
Sold by
Mcquaid Bernice M
Bought by
Manders Mark
Seller's Agent
Michelle Carite
Weichert Realtors - Moorestown
Buyer's Agent
JOSEPH PASSON
Graham/Hearst Real Estate Company
List Price
$130,000
Sold Price
$153,000
Premium/Discount to List
$23,000
17.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$114,750
Interest Rate
4.12%
Mortgage Type
Commercial
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
Prescott Holding Company Llc -- None Listed On Document
Solomon Aaron $200,000 Trident Land Transfer
Manders Mark $153,000 Agent For Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manders Mark $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $200,000 +11.1% $66 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $180,000 +17.6% $60 / Sq Ft
06/20/2014 06/20/14 Sold $153,000 +17.7% $51 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $130,000 -- $43 / 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 $6,625 $138,000 $25,800 $112,200
2024 $6,464 $138,000 $25,800 $112,200
2023 $6,464 $138,000 $25,800 $112,200
2022 $6,296 $138,000 $25,800 $112,200
2021 $6,235 $138,000 $25,800 $112,200
2020 $6,116 $138,000 $25,800 $112,200
2019 $6,000 $138,000 $25,800 $112,200
2018 $5,879 $138,000 $25,800 $112,200
2017 $5,708 $138,000 $25,800 $112,200
2016 $5,548 $138,000 $25,800 $112,200
2015 $5,356 $138,000 $25,800 $112,200
2014 $5,280 $138,000 $25,800 $112,200
Source: Public Records

Agents Affiliated with this Home

  • Donna Rossell

    Seller's Agent in 2020

    Donna Rossell

    EXP Realty, LLC

    (856) 701-1562

    50 Total Sales

    Donna Rossell
    Section Image
  • Thomas Sadler

    Buyer's Agent in 2020

    Thomas Sadler

    Ovation Realty LLC

    (609) 617-0620

    3 in this area

    618 Total Sales

    Thomas Sadler
    Section Image
  • Michelle Carite

    Seller's Agent in 2014

    Michelle Carite

    Weichert Corporate

    (609) 923-2735

    221 Total Sales

    Michelle Carite
    Section Image

  • J

    Buyer's Agent in 2014

    JOSEPH PASSON

    Graham/Hearst Real Estate Company

See All Agents

Map

Source: Bright MLS

MLS Number: NJCD397496

Bright MLS

APN: 23-00005-01-00013

New Jersey Camden County Magnolia 08049

701 N Warwick Rd, Magnolia, NJ

This home is located at 701 N Warwick Rd, Magnolia, NJ 08049 since 09 July 2020 and is currently estimated at $364,775, approximately $120 per square foot. This property was built in 1928. 701 N Warwick Rd is a home located in Camden County with nearby schools including Magnolia Elementary School and Sterling High School.

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