NOT LISTED FOR SALE

81 Erial Rd Clementon, NJ 08021

Estimated Value: $365,000 - $466,000

-- Bed
-- Bath
2,303 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $347,500 $151 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,766/month

11 Days on Market

Highlights

  • 0.5 Acre Lot
  • Backs to Trees or Woods
  • Forced Air Heating System
  • Contemporary Architecture
  • Back, Front, and Side Yard
  • Electric Baseboard Heater

About This Home

As of December 2023

This 4 unit apartment building is in very good condition. The tenants pay their own heat, electric and hot water. The landlord pays the insurance ($1,054), CCMUA ($1,408), water & sewer ($1,784), common electric ($72), landscaping and snow removal ($430), license ($350) and real estate taxes ($7,678). The two vacant apartments are ready to be rented. Seller decided to keep vacant in case buyer wants to occupy one of the units. Very easy to rent. Please give over night notice to show. Tenants are cooperative.

Last Agent to Sell the Property

Ed Mcnally

(609) 504-9141 etm0919@msn.com EXP Realty, LLC License #8436068 Listed on: 10/16/2023

EXP Realty, LLC

Last Buyer's Agent

Ed Mcnally

(609) 504-9141 etm0919@msn.com EXP Realty, LLC License #8436068 Listed on: 10/16/2023

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,678

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100.00 x 217.00
  • Cleared Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in very good condition

Home Design

  • 2,303 Sq Ft Home
  • Quadruplex
  • Contemporary Architecture
  • Brick Foundation
  • Frame Construction

Basement

  • Partial Basement
  • Side Exterior Basement Entry
  • Drainage System
  • Sump Pump
  • Crawl Space

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 4 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00026 01
  • Assessor Parcel Number 11-00146-00026 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,678

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Tenant owned property.
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar, Crawl Space
  • Basement: Yes
  • Basement Type: Partial, Sump Pump, Drainage System, Outside Entrance, Side Entrance
  • Total Sq Ft: 2303
  • Living Area Sq Ft: 2303
  • Price Per Sq Ft: 151.98
  • Above Grade Finished Sq Ft: 2303
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Cleared, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.50
  • Lot Dimensions: 100.00 x 217.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21702.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Gross, Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 7678.00
  • Assessor Parcel Number: 11-00146-00026 01
  • Tax Lot: 00026 01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CLEMENTON BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 14, 2023
Sold by
Pezzella Anthony J
Bought by
Ahmed Zubair and Ahmed Tanjina
Seller's Agent
Ed Mcnally
EXP Realty, LLC
Buyer's Agent
Ed Mcnally
EXP Realty, LLC
List Price
$350,000
Sold Price
$347,500
Premium/Discount to List
-$2,500
-0.71%
Views
79
Current Estimated Value
$401,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,553
Avg. Annual Appreciation
7.63%
Original Mortgage
$260,625
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Ad Management Llc
Bought by
Pezzella Anthony J

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mccleary Ellen
Bought by
Anderson Albert and Dahdah Salema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,667
Interest Rate
6.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ahmed Zubair $347,500 American Land Title
Ahmed Zubair $347,500 American Land Title
Pezzella Anthony J $215,000 --
Anderson Albert $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahmed Zubair $260,625
Previous Owner Anderson Albert $168,667
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $347,500 -0.7% $151 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $350,000 -- $152 / 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 $7,950 $192,400 $39,600 $152,800
2024 $7,809 $176,200 $39,600 $136,600
2023 $7,809 $176,200 $39,600 $136,600
2022 $7,679 $176,200 $39,600 $136,600
2021 $7,668 $176,200 $39,600 $136,600
2020 $7,575 $176,200 $39,600 $136,600
2019 $7,476 $176,200 $39,600 $136,600
2018 $7,570 $176,200 $39,600 $136,600
2017 $7,581 $195,500 $46,900 $148,600
2016 $7,306 $195,500 $46,900 $148,600
2015 $7,116 $195,500 $46,900 $148,600
2014 $7,061 $195,500 $46,900 $148,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2056884

Bright MLS

APN: 11-00146-0000-00026-01