NOT LISTED FOR SALE

80 Delaware Ave Penns Grove, NJ 08069

Estimated Value: $179,000 - $358,000

-- Bed
-- Bath
3,074 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $97,500 $32 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,942/month

144 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Panoramic View
  • Stream or River on Lot
  • Access to Tidal Water
  • 1.04 Acre Lot
  • Traditional Floor Plan

About This Home

As of January 2020

Waterfront Property. Fantastic sunsets and the calm and tranquility of living a riverfront lifestyle. This large Victorian duplex, a side by side presently provides the best of that era's architecture and design. Large rooms throughout, vaulted ceilings and the charm of original wood. Currently two individual units but don't rule out the possibility of converting back to the single family estate, it once was. Or, the many other possibilities for use in an area geared for further development. Situated within blocks of the Penns Grove Marina district, in need of some basic TLC to maintain its present use, or think River Access! 130 foot of river frontage with 191 foot of road frontage. Newer replacement windows throughout, newer roofs on house and detached three bay block built garage. Front wrap around porch for viewing those fantastic sunsets over the Wilmington skyline. For the boating or fishing enthusiastic, the perfect setting. Full frontage at the river with a raised concrete bulkhead, fully intact. RIVER LIFE PRIVACY, to the max! Completely fenced yard and situated on over 1 acre of ground. Sold as-is; great investment. A must see to appreciate all aspects of this property's potential. INVESTOR ALERT !! Property sale to include a total of four (4) lots. Great Buy....make your appointments today.

Last Agent to Sell the Property

Joseph Venello

(609) 238-3389 jevenello@yahoo.com American Dream Realty of South Jersey License #893531 Listed on: 07/18/2019

Last Buyer's Agent

Rob Moussally

(609) 970-1937 rpmoussally@yahoo.com American Dream Realty of South Jersey License #893532

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 130.00 x 348.30
  • 130 Feet of Waterfront
  • Home fronts navigable water
  • No Through Street
  • Corner Lot
  • Back, Front, and Side Yard
  • Additional Land
  • Property is in good condition
  • The community has rules related to exclusive easements

Parking

  • 3 Car Detached Garage
  • 8 Open Parking Spaces
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 3,074 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Dining Area
  • Wood Flooring
  • Flood Lights
  • Eat-In Kitchen

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • River Nearby
  • Bulkhead
  • Stream or River on Lot
  • Shed

Schools

  • Lafayette-Pershing Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 08-00002-00015

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1889
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Interior Access, Sump Pump, Unfinished, Full
  • Total Sq Ft: 3074
  • Living Area Sq Ft: 3074
  • Price Per Sq Ft: 48.76
  • Above Grade Finished Sq Ft: 3074
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Block, Brick, Copper Plumbing, Mixed Plumbing, Steel Siding
  • Exterior Features: Flood Lights
  • View: River, Panoramic, Scenic Vista
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 130

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Garage Features: Covered Parking, Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas, Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Heating Fuel: Natural Gas Available
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LAFAYETTE-PERSHING E.S.
  • High School: PENNS GROVE H.S.
  • Middle Or Junior School: PENNS GROVE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86000.00
  • Land Assessed Value: 64000.00
  • Lot Features: Additional Lot(s), Bulkheaded, Corner, Front Yard, No Thru Street, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 1.04
  • Lot Dimensions: 130.00 x 348.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45279.00
  • Property Condition: Below Average, Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Waterfront Features: Exclusive Easement

Tax Info

  • Assessor Parcel Number: 2199216
  • Tax Annual Amount: 6051.00
  • Assessor Parcel Number: 08-00002-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Rh Property Holdings Corporation
Bought by
Haldeman Raymond
Current Estimated Value
$310,925

Purchase Details

Listed on
Jul 18, 2019
Closed on
Dec 31, 2019
Sold by
4 Leaf Clover Dev Lp
Bought by
Rh Property Holdings Corp
Seller's Agent
Joseph Venello
American Dream Realty of South Jersey
Buyer's Agent
Rob Moussally
American Dream Realty of South Jersey
List Price
$149,900
Sold Price
$97,500
Premium/Discount to List
-$52,400
-34.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Mccarson Robert D
Bought by
Four Leaf Clover Development Lp

Purchase Details

Closed on
Apr 16, 2000
Sold by
Schmidt Gail H Caso and Schmidt James B
Bought by
Perella Gregory N and Bellis Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,919
Interest Rate
8.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
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

Purchase History

Date Buyer Sale Price Title Company
Haldeman Raymond $97,500 Salem Oak Title Agency Inc
Rh Property Holdings Corp $97,500 None Available
Four Leaf Clover Development Lp $200,000 --
Perella Gregory N $160,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perella Gregory N $159,919
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $97,500 -35.0% $32 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $149,900 0.0% $49 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $149,900 0.0% $49 / Sq Ft
03/01/2015 03/01/15 Rented $600 -25.0% --
02/05/2015 02/05/15 Under Contract -- -- --
11/15/2014 11/15/14 For Rent $800 -- --
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 $10,720 $193,300 $74,400 $118,900
2024 $10,361 $193,300 $74,400 $118,900
2023 $10,361 $193,300 $74,400 $118,900
2022 $8,526 $165,000 $74,400 $90,600
2021 $8,158 $165,000 $74,400 $90,600
2020 $8,265 $165,000 $74,400 $90,600
2019 $8,300 $165,000 $74,400 $90,600
2018 $6,051 $150,000 $64,000 $86,000
2017 $6,072 $150,000 $64,000 $86,000
2016 $5,843 $150,000 $64,000 $86,000
2015 $6,193 $166,000 $74,000 $92,000
2014 $9,576 $259,500 $113,300 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA135014

Bright MLS

APN: 08-00002-0000-00015