$117,000
SOLD FEB 7, 2020

805 Broadway Westville, NJ 08093

-- Bed
-- Bath
1,360 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

4% Below List Price

6 Days on Market

About This Home

As of February 2020

This well-maintained brick duplex is a great investment opportunity! Benefit from positive cash flow every month. This property rents easily because it is located close to public transportation and just a short walk to downtown shops. Each unit includes a living room, eat-in kitchen, one bedroom and full bathroom. The property has a full basement with plenty of storage space, laundry area, and a fenced in back yard located next to an end unit with a paver patio out front. The units have separate electric and gas meters, individual heating systems and combined water and sewer. Don't miss this excellent investment with low property taxes and the convenience most tenants want.

Last Agent to Sell the Property

Carmela Cetkowski

EXP Realty, LLC License #1754982 Listed on: 01/15/2020

EXP Realty, LLC

Last Buyer's Agent

Daniel Calatozzo

EXP Realty, LLC License #1757729

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1948

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25.00 x 80.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 00016
  • Assessor Parcel Number 21-00078-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,498

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Tenants Property
  • Inclusions: Existing Refrigerators, Dishwashers, Stoves, Washer & Dryer
  • New Construction: No
  • Year Built: 1948
  • Remarks Public: This well-maintained brick duplex is a great investment opportunity! Benefit from positive cash flow every month. This property rents easily because it is located close to public transportation and just a short walk to downtown shops. Each unit includes a living room, eat-in kitchen, one bedroom and full bathroom. The property has a full basement with plenty of storage space, laundry area, and a fenced in back yard located next to an end unit with a paver patio out front. The units have separate electric and gas meters, individual heating systems and combined water and sewer. Don't miss this excellent investment with low property taxes and the convenience most tenants want.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1360
  • Living Area Sq Ft: 1360
  • Price Per Sq Ft: 89.71
  • Above Grade Finished Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 805

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GATEWAY REGIONAL SCHOOLS
  • School District Key: 300200397473
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96100.00
  • Land Assessed Value: 19800.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2019
  • Zoning: R

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 18480.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2056217
  • Tax Annual Amount: 5498.00
  • Assessor Parcel Number: 21-00078-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/07/2020

MLS Schools

  • School District Name: GATEWAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Feb 7, 2020
Sold by
Cerasi Michael
Bought by
Athanassiou Theophilos
Seller's Agent
Carmela Cetkowski
EXP Realty, LLC
Buyer's Agent
Daniel Calatozzo
EXP Realty, LLC
List Price
$122,000
Sold Price
$117,000
Premium/Discount to List
-$5,000
-4.1%
Current Estimated Value
$247,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,243
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Battista James J and Battista Gloria A
Bought by
Cerasi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,902
Interest Rate
6.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2006
Sold by
Berger Edward T
Bought by
Battista James J and Battista Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
Sold by
Reese Michael L and Reese Lisa A
Bought by
Barger Edward T and Barger Bridget A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $117,000 None Available
Bargain Sale Deed $140,000 None Available
Deed $139,000 --
Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,867 FHA
Previous Owner $138,902 FHA
Previous Owner $104,250 Purchase Money Mortgage
Previous Owner $65,700 No Value Available
Previous Owner $55,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Rented $1,325 0.0% --
07/17/2022 07/17/22 For Rent $1,325 0.0% --
02/07/2020 02/07/20 Sold $117,000 -4.1% $86 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $122,000 -- $90 / 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 $6,306 $115,900 $19,800 $96,100
2024 $6,104 $115,900 $19,800 $96,100
2023 $6,104 $115,900 $19,800 $96,100
2022 $5,929 $115,900 $19,800 $96,100
2021 $5,821 $115,900 $19,800 $96,100
2020 $5,647 $115,900 $19,800 $96,100
2019 $5,498 $115,900 $19,800 $96,100
2018 $5,261 $115,900 $19,800 $96,100
2017 $5,403 $115,900 $19,800 $96,100
2016 $5,225 $115,900 $19,800 $96,100
2015 $4,991 $115,900 $19,800 $96,100
2014 $4,797 $129,100 $21,800 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL253170

Bright MLS

APN: 21-00078-0000-00016