NOT LISTED FOR SALE

703 W Maple Ave Merchantville, NJ 08109

-- Bed
-- Bath
-- Sq Ft
6,250 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $48,370

50 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Wellwood Park
  • Shed
  • Baseboard Heating

About This Home

As of March 2018

Investor's Special! Mixed use with 4 units on main thoroughfare, in Merchantville Borough. Get in early and cheap as the redevelopment plans for this area start to unfold. This property is perfect for a business owner, or an owner occupied buyer, or strictly an investor looking for a good positive cash flow. The property is comprised of a first floor office, having approx. 1,100 sq ft, 2 main rooms, large storage room, kitchenette and 1 full and 1 half baths. Apartment 1 has a large living rm/dining area, kitchen, 1 bedroom and 1 full bath. Apartment 2 has a living rm/kitchen area, stairs up to a loft w. balcony overlooking the neighborhood, 1 bedroom and 1 full bath. Apartment 3 has a large entrance foyer, living rm/kitchen area, basement landing room w. basement access for storage, 1 bedroom and 1 full bath. There is a large storage shed in the rear, and off-street parking for 4 vehicles. This property needs work, so bring your contractor. Selling completely as-is.

Last Agent to Sell the Property

Christopher Martin

(609) 932-3959 cpmartin@comcast.net RE/MAX Preferred - Medford Listed on: 01/22/2018

RE/MAX Preferred - Medford

Last Buyer's Agent

Cheryl McNair-Johnson

(609) 781-0505 cmjohnson430@gmail.com Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is in below average condition

Home Design

  • Quadruplex
  • Aluminum Siding
  • Stucco

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Operating Expense $9,266

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 24-00003-00007

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Shed
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished

Exterior Features

  • Construction Materials: Aluminum Siding, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 163800.00
  • Land Assessed Value: 55000.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: COM/R

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Assessor Parcel Number: 1898934
  • Tax Annual Amount: 9266.00
  • Assessor Parcel Number: 24-00003-00007
  • Tax Lot: 00007
  • Tax Year: 2017

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $48,370 -17.9% --
03/13/2018 03/13/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $58,900 -7.8% --
01/22/2018 01/22/18 For Sale $63,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004933749

Bright MLS

APN: 24 00003-0000-00006