J
Seller's Agent in 2024
John Rinick
Prime Realty Partners
(267) 205-1824
4 in this area
50 Total Sales
8-10 S Smith Ave Penns Grove, NJ 08069
--
Bed
--
Bath
1,921
Sq Ft
4,400
Sq Ft Lot
About This Home
As of October 2024INVESTOR OPPORTUNITY. Great Multifamily Home with two 2 Bedroom units. Both units need updating. Identical layouts in each. Walk through the front door into a living room, dining room and then into the kitchen. Full bath is on the first floor of each unit. Bedrooms are on the second floors. Both units have access to the backyard. Property needs work. Buyer is responsible for Certificate of Occupancy and Fire Inspections if required by the township or municipality. SOLD AS IS.
Last Agent to Sell the Property
Prime Realty Partners License #RS351154 Listed on: 05/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,199
Year Built
- Built in 1929
Lot Details
- 4,400 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Permanent Foundation
Interior Spaces
- 1,921 Sq Ft Home
- Partial Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 08-00074-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Oct 15, 2024
Sold by
Delaware Valley Opportunity Fund Llc
Bought by
Strandhill Capital Llc
Seller's Agent
John Rinick
Prime Realty Partners
Buyer's Agent
Austin Cennimo
Keller Williams Realty - Moorestown
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
0
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,923
Avg. Annual Appreciation
5.12%
Original Mortgage
$172,000
Outstanding Balance
$170,998
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$55,925
Purchase Details
Listed on
May 16, 2024
Closed on
Jun 21, 2024
Sold by
District Home Buyers Llc
Bought by
Delaware Vly Opportunity Fund
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
John Rinick
Prime Realty Partners
List Price
$115,000
Sold Price
$117,500
Premium/Discount to List
$2,500
2.17%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
532.60%
Original Mortgage
$115,000
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 28, 2012
Sold by
Ricciardi Edward
Bought by
Cruz Felipe
Purchase Details
Closed on
Jul 21, 2003
Sold by
Hud
Bought by
Ricciardi Edward J and Cruz Felipe
Purchase Details
Closed on
May 10, 2002
Sold by
Bayard Karen A
Bought by
Hud
Purchase Details
Closed on
Sep 8, 1999
Sold by
Moulder Janet E
Bought by
Bayard Karen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,483
Interest Rate
7.65%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 9, 1998
Sold by
Moulder Thomas C and Moulder Janet E
Bought by
Moulder Janet E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Security Title | |
| Deed | $117,500 | None Listed On Document | |
| Deed | $80,000 | None Listed On Document | |
| Deed | $10,000 | -- | |
| Special Warranty Deed | $32,600 | Independence Abstract & Titl | |
| Sheriffs Deed | -- | -- | |
| Deed | $60,000 | Heritage Title & Abstract | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | New Conventional | |
| Previous Owner | $115,000 | Credit Line Revolving | |
| Previous Owner | $59,483 | FHA | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $220,000 | -2.2% | $115 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | For Sale | $225,000 | +91.5% | $117 / Sq Ft |
| 06/16/2024 06/16/24 | Sold | $117,500 | +2.2% | $61 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $115,000 | -- | $60 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,218 | $78,700 | $11,200 | $67,500 |
| 2023 | $4,218 | $78,700 | $11,200 | $67,500 |
| 2022 | $4,066 | $78,700 | $11,200 | $67,500 |
| 2021 | $3,891 | $78,700 | $11,200 | $67,500 |
| 2020 | $3,942 | $78,700 | $11,200 | $67,500 |
| 2019 | $3,959 | $78,700 | $11,200 | $67,500 |
| 2018 | $4,131 | $102,400 | $19,200 | $83,200 |
| 2017 | $4,145 | $102,400 | $19,200 | $83,200 |
| 2016 | $3,988 | $102,400 | $19,200 | $83,200 |
| 2015 | $3,821 | $102,400 | $19,200 | $83,200 |
| 2014 | $3,779 | $102,400 | $19,200 | $83,200 |
Source: Public Records
Agents Affiliated with this Home
-
John Rinick
-
Robert Bunis
Seller's Agent in 2024
Robert Bunis
Prime Realty Partners
(609) 220-6311
1 in this area
353 Total Sales
-
Austin Cennimo
Buyer's Agent in 2024
Austin Cennimo
Keller Williams Realty - Moorestown
(609) 372-6863
1 in this area
165 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2010984
APN: 08-00074-0000-00005
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