NOT LISTED FOR SALE
-- Bed
-- Bath
3,600 Sq Ft
7,797 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $200,000 $56 Per Sq Ft

44 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Hot Water Heating System
  • Central Air

About This Home

As of December 2021

Fantastic Opportunity to own a fully occupied 3 unit property. This property is currently used as an first floor office with several office/work areas as well as a kitchen and 1.5 baths. In addition, there are 2 one-bedroom apartments upstairs. There is off street parking at the rear of the property as well as on street parking. Landlord provides heat and common area electric, tenants pay their own electric. The property currently has oil fired radiator heat (multi-zoned), but there is natural gas available at the street. Please allow at least 24 hour notice for appointments to coordinate with all tenants. Central air conditioning in part of office only and the unit is property of the tenant.

Last Agent to Sell the Property

Neal Evans

ROARKE AGENCY, LLC Listed on: 10/11/2021

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,658

Lot Details

  • 7,797

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Stove

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Porch
  • Lot Dimensions are 60x 130

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,658

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 10/11/2021
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Basement: 6 Ft. Or More Head Room, Full, Inside Entrance, Outside Entrance, Unfinished

Exterior Features

  • Outside Features: Curbs, Porch, Sidewalks
  • Siding Exterior: Aluminum

Garage/Parking

  • Driveway: Blacktop
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Hot Water, Oil, Radiator, Tank In Basement
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 60x 130

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 2
  • Separate Meters: Electric, Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 23, 2021
Sold by
Dawson Richard W
Bought by
N & Y Propertys Resources Llc
Seller's Agent
Neal Evans
ROARKE AGENCY, LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Total Days on Market
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$119,729
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Morita Paul M
Bought by
Dawson Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,511
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 1997
Sold by
Ogden Chester
Bought by
Hutton Carol
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 Buyer Sale Price Title Company
N & Y Propertys Resources Llc $200,000 Dominion Title
Dawson Richard W $80,000 --
Hutton Carol $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open N & Y Propertys Resources Llc $185,000
Closed N & Y Propertys Rsrcs Llc $185,000
Previous Owner Dawson Richard W $110,080
Previous Owner Dawson Richard W $59,629
Previous Owner Dawson Richard W $80,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $200,000 -11.1% $56 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $224,900 -- $62 / Sq Ft
Source: South Jersey Shore Regional 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 $6,658 $125,900 $20,500 $105,400
2023 $6,389 $125,900 $20,500 $105,400
2022 $6,330 $125,900 $20,500 $105,400
2021 $6,316 $125,900 $20,500 $105,400
2020 $6,275 $125,900 $20,500 $105,400
2019 $6,133 $125,900 $20,500 $105,400
2018 $5,863 $125,900 $20,500 $105,400
2017 $5,693 $125,900 $20,500 $105,400
2016 $5,523 $125,900 $20,500 $105,400
2015 $5,426 $125,900 $20,500 $105,400
2014 $4,708 $83,100 $13,000 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556381

South Jersey Shore Regional MLS

APN: 01-00268-0000-00006