$146,000
SOLD AUG 27, 2021

751 Route 50 Mays Landing, NJ 08330

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

8% Below List Price

28 Days on Market

Highlights

  • Shed
  • Central Air
  • Fenced
  • Cedar Creek High School Rated A-
  • Baseboard Heating

About This Home

As of August 2021

great duplex close to shopping restaurant with easy access to all of AC's amenities.. Fully occupied and producing almost $25,000 of income.. Gas, central AC,public sewer and water, fence yard storage sheds...Great investment opportunity..24 hour notice

Last Agent to Sell the Property

Bernie Cohen

Vylla Home - Northfield License #0454993 Listed on: 06/11/2021

Last Buyer's Agent

Cindy Kaczmarski

Compass New Jersey-Ocean City (O463E) License #0451773

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 65x107
  • Fenced

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Crawl Space
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Stove

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,342

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds
  • Lvt Date: 06/11/2021
  • Year Built: 1920
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Gas Stove, Self Cleaning Oven, Washer
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Fenced Yard, Shed
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 65x107

Rental Info

  • Rental Information: 100 Percent Occupancy, Lease Required, Monthly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 27, 2021
Sold by
Defrancisco Marylou and Defrancisco Tara
Bought by
211 213 Clay St Llc
Seller's Agent
Bernie Cohen
Vylla Home - Northfield
Buyer's Agent
Cindy Kaczmarski
Compass New Jersey-Ocean City (O463E)
List Price
$159,000
Sold Price
$146,000
Premium/Discount to List
-$13,000
-8.18%
Current Estimated Value
$256,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,731
Avg. Annual Appreciation
14.53%
Original Mortgage
$102,200
Outstanding Balance
$94,002
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$155,158

Purchase Details

Closed on
Jan 30, 2002
Sold by
Cain Charles
Bought by
Defrancisco Tara and Defrancisco Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,950
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2000
Sold by
Cain Charles and Cain Ann Marie
Bought by
Cain Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1995
Sold by
Lagatore Thomas Peter and Lagatore Marie Louise Hermine
Bought by
Cain Charles and Cain Ann Marie
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 Type Sale Price Title Company
Bargain Sale Deed $146,000 Title Company Of Jersey
Bargain Sale Deed $131,000 --
Interfamily Deed Transfer -- Mutual Title
Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,200 Commercial
Previous Owner $147,200 No Value Available
Previous Owner $128,950 FHA
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Rented -- -- --
10/17/2022 10/17/22 For Rent $1,400 0.0% --
08/27/2021 08/27/21 Sold $146,000 -8.2% --
07/09/2021 07/09/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $159,000 0.0% --
11/01/2020 11/01/20 Rented -- -- --
09/05/2020 09/05/20 For Rent $900 -- --
Source: South Jersey Shore Regional 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
2024 $5,342 $155,700 $38,100 $117,600
2023 $5,023 $155,700 $38,100 $117,600
2022 $5,023 $155,700 $38,100 $117,600
2021 $5,012 $155,700 $38,100 $117,600
2020 $5,012 $155,700 $38,100 $117,600
2019 $5,024 $155,700 $38,100 $117,600
2018 $4,849 $155,700 $38,100 $117,600
2017 $4,772 $155,700 $38,100 $117,600
2016 $4,638 $155,700 $38,100 $117,600
2015 $4,481 $155,700 $38,100 $117,600
2014 $4,516 $171,900 $45,900 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 551779

South Jersey Shore Regional MLS

APN: 12-00772-0000-00004-02