NOT LISTED FOR SALE

8 E Nicholson Rd Audubon, NJ 08106

Estimated Value: $448,000 - $502,000

-- Bed
-- Bath
2,574 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $320,000 $124 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,129/month

Highlights

  • Deck
  • Traditional Floor Plan
  • No HOA
  • Contemporary Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of March 2021

Two story well maintained triplex ready for new investors. This property has three units and a two car garage, all units are fully rented. First floor unit is a spacious 3 bedroom, 1 1/2 bathroom unit with a large open living and dining room. Multi-use front porch is currently an additional bedroom. Enter this unit from the freshened up side porch and brand new screen door. This unit has access to a full basement. Bedroom to left of the bathroom is off limits due to a disabled resident. Second floor boasts two 1 bedroom, 1 bathroom units. These units have their own main entrance. Owners are having property painted currently. Very close to public transportation on a quiet street and a large shared driveway for easy parking. The two car garage is rented also. So in total this is a property with 4 fully rented units. Property exterior is in the process of being painted. In order to keep within the Covid19 recommendations, have your buyer sign attached addendum prior to requesting showing. Bring antibacterial soap, hand sanitizer, and Clorox wipes. Only allow 1 person in at a time, make sure they wash their hands and use sanitizer, use antibacterial wipes on any touched surfaces. THIS FORM MUST BE SENT TO LISTING AGENT @ jtalarico81@gmail.com PRIOR TO SHOWING OR IT WILL NOT BE CONFIRMED. Thank you for assisting in keeping all of our customers and clients safe. First floor unit Bedroom to the left the bathroom is off limits due to a disabled resident.

Last Agent to Sell the Property

JANEEN ALBERTSON

(609) 352-5894 janeenalbertson@gmail.com Weichert Realtors - Moorestown License #0679053 Listed on: 12/24/2020

Weichert Realtors - Moorestown

Last Buyer's Agent

Larry Steinberg

(609) 405-4111 larrysellsnj@gmail.com Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 45.00 x 140.00
  • Irregular Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,574 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Awning
  • Dining Area
  • Flood Lights

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Audubon Jr-Sr Middle School
  • Audubon High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Above Ground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001 01
  • Assessor Parcel Number 01-00016 01-00001 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal property, ALL Window AC Units, Washer & Dryer in First Floor Apartment.
  • Historic: No
  • Home Warranty: No
  • Inclusions: 3 refrigerators, 3 ranges.
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Two story well maintained triplex ready for new investors. This property has three units and a two car garage, all units are fully rented. First floor unit is a spacious 3 bedroom, 1 1/2 bathroom unit with a large open living and dining room. Multi-use front porch is currently an additional bedroom. Enter this unit from the freshened up side porch and brand new screen door. This unit has access to a full basement. Bedroom to left of the bathroom is off limits due to a disabled resident. Second floor boasts two 1 bedroom, 1 bathroom units. These units have their own main entrance. Owners are having property painted currently. Very close to public transportation on a quiet street and a large shared driveway for easy parking. The two car garage is rented also. So in total this is a property with 4 fully rented units. Property exterior is in the process of being painted. In order to keep within the Covid19 recommendations, have your buyer sign attached addendum prior to requesting showing. Bring antibacterial soap, hand sanitizer, and Clorox wipes. Only allow 1 person in at a time, make sure they wash their hands and use sanitizer, use antibacterial wipes on any touched surfaces. THIS FORM MUST BE SENT TO LISTING AGENT @ jtalarico81@gmail.com PRIOR TO SHOWING OR IT WILL NOT BE CONFIRMED. Thank you for assisting in keeping all of our customers and clients safe. First floor unit Bedroom to the left the bathroom is off limits due to a disabled resident.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Primary Bath(s), Tub Shower, Entry Level Bedroom, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Poured Concrete, Unfinished, Sump Pump, Windows
  • Total Sq Ft: 2574
  • Living Area Sq Ft: 2574
  • Price Per Sq Ft: 128.17
  • Above Grade Finished Sq Ft: 2574
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Flood Lights, Exterior Lighting, Awning(s), Sidewalks
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Shared Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, 220 Volts, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • Middle School: AUDUBON JR-SR
  • High School: AUDUBON H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396982
  • School District Source: Listing Agent
  • High School: AUDUBON H.S.
  • Middle Or Junior School: AUDUBON JR-SR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 106600.00
  • Land Assessed Value: 68400.00
  • Lot Features: Irregular
  • Lot Dimensions: 45.00 x 140.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: MULTI FAMILY

Rental Info

  • Existing Lease Type: Yearly, Gross
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

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

Tax Info

  • Assessor Parcel Number: 1768099
  • Tax Annual Amount: 6310.00
  • Assessor Parcel Number: 01-00016 01-00001 01
  • Tax Lot: 00001 01
  • Tax Total Finished Sq Ft: 2574
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/15/2021

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Mar 15, 2021
Sold by
Talarico James S and Talarico Donna
Bought by
Williams Nicholas
Seller's Agent
JANEEN ALBERTSON
Weichert Realtors - Moorestown
Buyer's Agent
Larry Steinberg
Keller Williams Realty - Cherry Hill
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$478,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,968
Avg. Annual Appreciation
8.28%
Original Mortgage
$314,204
Outstanding Balance
$285,709
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,821

Purchase Details

Closed on
Mar 3, 2001
Sold by
Newell H Bertram
Bought by
Talarico James S and Talarico Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

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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
Williams Nicholas $320,000 Core Title
Talarico James S $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Nicholas $314,204
Previous Owner Talarico James S $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $320,000 -3.0% $124 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/24/2020 12/24/20 For Sale $329,900 -- $128 / 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 $7,065 $175,000 $68,400 $106,600
2024 $6,830 $175,000 $68,400 $106,600
2023 $6,830 $175,000 $68,400 $106,600
2022 $6,648 $175,000 $68,400 $106,600
2021 $6,372 $175,000 $68,400 $106,600
2020 $6,311 $175,000 $68,400 $106,600
2019 $6,227 $175,000 $68,400 $106,600
2018 $6,150 $175,000 $68,400 $106,600
2017 $6,022 $175,000 $68,400 $106,600
2016 $5,864 $175,000 $68,400 $106,600
2015 $5,674 $175,000 $68,400 $106,600
2014 $7,572 $235,800 $68,400 $167,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD408796

Bright MLS

APN: 01-00016-01-00001-01