$91,000
SOLD JUN 30, 2022

827 829 Gershal Ave Elmer, NJ 08318

-- Bed
-- Bath
4,196 Sq Ft
0.52 Acres

Recently Sold

$22 Per Sq Ft

48% Below List Price

About This Home

As of September 2022

Great Property, ready for renovations and make this into the cash cow it can become. Large property, great location, and high rents, Possible 4 units, Property needs work, but it is located in a great school district which will make it easy to find tenants to occupy and has the potential to become a sound investment for your future. Motivated seller, bring all offer

Last Agent to Sell the Property

Daniel West

(856) 906-8711 danielwest27@gmail.com EXP Realty, LLC Listed on: 05/17/2022

EXP Realty, LLC

Last Buyer's Agent

Daniel West

(856) 906-8711 danielwest27@gmail.com EXP Realty, LLC Listed on: 05/17/2022

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.52 Acre Lot

Parking

  • Driveway

Home Design

  • 4,196 Sq Ft Home
  • Triplex
  • Farmhouse Style Home
  • Brick Foundation
  • Frame Construction

Utilities

  • Radiator
  • Well
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 11-02501-00009

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great Property, ready for renovations and make this into the cash cow it can become. Large property, great location, and high rents, Possible 4 units, Property needs work, but it is located in a great school district which will make it easy to find tenants to occupy and has the potential to become a sound investment for your future. Motivated seller, bring all offer
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4196
  • Living Area Sq Ft: 4196
  • Price Per Sq Ft: 29.79
  • Above Grade Finished Sq Ft: 4196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 827

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Well

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396396
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 183500.00
  • Land Assessed Value: 34300.00
  • Lot Size Acres: 0.52
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2212784
  • Tax Annual Amount: 8432.00
  • Assessor Parcel Number: 11-02501-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 4196
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 9, 2022
Sold by
Curtis Thomas
Bought by
Figueroa-Zepeda Sonia N
Seller's Agent
Daniel West
EXP Realty, LLC
Buyer's Agent
Elizabeth Valero
S. Kelly Real Estate LLC
List Price
$85,000
Sold Price
$85,000
Views
139
Current Estimated Value
$419,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,341
Avg. Annual Appreciation
67.62%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Mohan Nicholas and Mohan Annamarie
Bought by
Thomas Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.5%
Mortgage Type
Construction
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
Bargain Sale Deed $85,000 Dominion Title Services
Bargain Sale Deed $85,000 Dominion Title Services
Deed $92,500 Landis Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $83,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2022 09/13/22 Sold $85,000 0.0% $20 / Sq Ft View Prior Sale
08/12/2022 08/12/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $85,000 -6.6% $20 / Sq Ft
06/30/2022 06/30/22 Sold $91,000 -27.2% $22 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $125,000 -28.6% $30 / Sq Ft
05/17/2022 05/17/22 For Sale $174,999 -- $42 / 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 $9,222 $99,000 $34,300 $64,700
2024 $8,777 $217,800 $34,300 $183,500
2023 $8,777 $217,800 $34,300 $183,500
2022 $8,671 $217,800 $34,300 $183,500
2021 $8,433 $217,800 $34,300 $183,500
2020 $8,200 $217,800 $34,300 $183,500
2019 $8,061 $217,800 $34,300 $183,500
2018 $7,880 $217,800 $34,300 $183,500
2017 $7,575 $217,800 $34,300 $183,500
2016 $7,190 $217,800 $34,300 $183,500
2015 $6,845 $217,800 $34,300 $183,500
2014 $6,562 $217,800 $34,300 $183,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2004106

Bright MLS

APN: 11-02501-0000-00009