$315,000
SOLD AUG 16, 2024

840 Cumberland St Gloucester City, NJ 08030

-- Bed
-- Bath
2,464 Sq Ft
1900 Built

Recently Sold

$128 Per Sq Ft

5% Above List Price

13 Days on Market

Highlights

  • Traditional Architecture
  • Radiator
  • 4-minute walk to Martin Lake
  • Level Entry For Accessibility

About This Home

As of August 2024

EXCEPTIONAL INVESTMENT OPPORTUNITY IN GLOUCESTER CITY- 2023'S NUMBER ONE APPRECIATING MARKETS IN THE COUNTRY!!! Take advantage of this awesome house hacking opportunity as well as one of the many grant programs allowing you the possibility of buying this investment property with as little as 3.5% down, if you combine that with one of the many grant programs it is possible to purchase this property with ZERO money out of pocket. Fully vacant duplex just waiting for you! Both units each feature three spacious bedrooms, in-unit washers & dryers, contemporary upgrades & an abundance of natural cascading light! Unit 1 is located on the first floor & offers one floor living and access to the basement - truly a rare gem! Unit 2, with main entry on the second floor, showcases a sprawling open-concept floor plan. One bedroom and full tiled bathroom are located on the main level, with two more HUGE bedrooms upstairs. Fully fenced, generously sized backyard also offers spacious deck. Double paved driveway to the side of the building for private off street parking. This property undoubtedly offers an exceptional wealth/income-generating opportunity! Schedule a private tour TODAY & see the possibilities for yourself!!

Last Agent to Sell the Property

Patrick Gorman

Keller Williams - Main Street Listed on: 06/19/2024

Keller Williams - Main Street

Last Buyer's Agent

Kimberly Holstein

Garden Realty of Haddonfield, LLC

Garden Realty of Haddonfield, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,036

Year Built

  • Built in 1900

Home Design

  • Duplex
  • Traditional Architecture
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Lot Dimensions are 65.00 x 0.00

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00040
  • Assessor Parcel Number 14-00140-00040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,036

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: EXCEPTIONAL INVESTMENT OPPORTUNITY IN GLOUCESTER CITY- 2023'S NUMBER ONE APPRECIATING MARKETS IN THE COUNTRY!!! Take advantage of this awesome house hacking opportunity as well as one of the many grant programs allowing you the possibility of buying this investment property with as little as 3.5% down, if you combine that with one of the many grant programs it is possible to purchase this property with ZERO money out of pocket. Fully vacant duplex just waiting for you! Both units each feature three spacious bedrooms, in-unit washers & dryers, contemporary upgrades & an abundance of natural cascading light! Unit 1 is located on the first floor & offers one floor living and access to the basement - truly a rare gem! Unit 2, with main entry on the second floor, showcases a sprawling open-concept floor plan. One bedroom and full tiled bathroom are located on the main level, with two more HUGE bedrooms upstairs. Fully fenced, generously sized backyard also offers spacious deck. Double paved driveway to the side of the building for private off street parking. This property undoubtedly offers an exceptional wealth/income-generating opportunity! Schedule a private tour TODAY & see the possibilities for yourself!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2464
  • Living Area Sq Ft: 2464
  • Price Per Sq Ft: 121.71
  • Above Grade Finished Sq Ft: 2464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 840

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 65.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8036.00
  • Assessor Parcel Number: 14-00140-00040
  • Tax Lot: 00040
  • Tax Total Finished Sq Ft: 2464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/16/2024

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Feb 7, 2020
Sold by
Melton Jonathan and Melton Sheronda
Bought by
First State Residential Properties Llc
Seller's Agent
Susan DiGiovanne
Weichert Realtors-Burlington
Buyer's Agent
Chris Twardy
BHHS Fox & Roach-Mt Laurel
List Price
$129,000
Sold Price
$130,000
Premium/Discount to List
$1,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.25%
Original Mortgage
$133,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2018
Sold by
Melton Jonathon
Bought by
Melton Sheronda

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 12, 2017
Sold by
Githes Tammy
Bought by
Melton Jonathon
Seller's Agent
Tammy Githens
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Jerry Fisher
Sell All Properties LLC Realty
List Price
$15,000
Sold Price
$15,001
Premium/Discount to List
$1
0.007%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.02%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Randolph Lisa
Bought by
Githens Tammy

Purchase Details

Listed on
Feb 15, 2017
Closed on
May 5, 2017
Sold by
New Hersy Housing & Mortgage Finance Age
Bought by
Randolph Lisa and Githens Tammy
Seller's Agent
Peter Lozito
ERA Statewide Realty-Hillsborough
Buyer's Agent
Tammy Githens
BHHS Fox & Roach - Haddonfield
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.08%

Purchase Details

Closed on
Nov 18, 2016
Sold by
Panick Barry L
Bought by
New Jersey Housing And Mortgage Finance
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $130,000 Surety Title Company
Interfamily Deed Transfer -- None Available
Deed $15,001 Surety Title Co
Deed -- None Available
Deed $10,000 Heritage Title And Abstract
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,000 New Conventional
Closed $137,000 New Conventional
Closed $133,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $384,900 -3.8% $156 / Sq Ft
05/14/2025 05/14/25 For Sale $399,900 +27.0% $162 / Sq Ft
08/16/2024 08/16/24 Sold $315,000 +5.0% $128 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $299,900 +130.7% $122 / Sq Ft
02/07/2020 02/07/20 Sold $130,000 +0.8% $53 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $129,000 +759.9% $52 / Sq Ft
11/27/2017 11/27/17 Sold $15,001 0.0% $6 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $15,000 0.0% $6 / Sq Ft
10/08/2017 10/08/17 Off Market $15,001 -- --
10/06/2017 10/06/17 For Sale $15,000 +50.0% $6 / Sq Ft
05/05/2017 05/05/17 Sold $10,000 -32.9% $4 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $14,900 -- $6 / 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
2024 $6,785 $160,600 $35,300 $125,300
2023 $6,785 $135,600 $0 $0
2022 $6,380 $135,600 $0 $0
2021 $6,316 $135,600 $0 $0
2020 $6,099 $135,600 $0 $0
2019 $5,975 $160,600 $35,300 $125,300
2018 $5,499 $127,300 $35,300 $92,000
2017 $5,386 $127,300 $35,300 $92,000
2016 $5,182 $127,300 $35,300 $92,000
2015 $4,667 $127,300 $35,300 $92,000
2014 $3,410 $65,000 $22,100 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2069992

Bright MLS

APN: 14-00140-0000-00040