Seller's Agent in 2023
Christina Seiler
RE/MAX
(609) 560-0283
14 in this area
134 Total Sales
21 W Broad St Burlington, NJ 08016
London NeighborhoodEstimated Value: $439,048
--
Bed
1
Bath
3,903
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1-minute walk to Burlington Towne Center
- Historic Home
- Shed
- Hot Water Heating System
- 5-minute walk to Barclay Street Playground
About This Home
As of June 2023Well kept 4 unit investment property for sale in historic Burlington City. Located less than a block from the center of town and right in front of a Riverline and bus station this property currently generates approx $4300 a month fully occupied. Units include one 3 bedroom, 2 one bedrooms and first floor commercial office space. Each unit has its own heater, its own electric meter, its own hot water heater and tenants pay their own utilities. Besides a basement there is also a spacious storage shed in the back of the property and no flood insurance is required. Location is just a few blocks from The Burlington Bristol Bridge, Rt 130 and the downtown shopping district. If you are looking for a turn key investment property and generous additional monthly income check this one out. You won't be disappointed!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,621
Year Built
- Built in 1840
Lot Details
- 3,568 Sq Ft Lot
- Lot Dimensions are 30.00 x 119.00
- Historic Home
Parking
- On-Street Parking
Home Design
- 3,903 Sq Ft Home
- Quadruplex
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
Outdoor Features
- Shed
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 4 Units
- London Square Subdivision
Listing and Financial Details
- Tax Lot 00047
- Assessor Parcel Number 05-00013-00047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2023
Closed on
Jun 28, 2023
Sold by
Jdc 21 W Broad St Limited Liability Comp
Bought by
21 W Broad Llc
Seller's Agent
Christina Seiler
RE/MAX World Class Realty
Buyer's Agent
Lilly Villar
BHHS Fox & Roach - Manalapan
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Total Days on Market
15
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,048
Avg. Annual Appreciation
5.19%
Original Mortgage
$300,000
Outstanding Balance
$294,195
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$144,853
Purchase Details
Closed on
May 25, 2007
Sold by
Lumadue Clyde R and Lumadue Dorothy A
Bought by
Jdc 21 W Broad St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
6.19%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 21 W Broad Llc | $400,000 | None Listed On Document | |
| Jdc 21 W Broad St Llc | $260,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 21 W Broad Llc | $300,000 | |
| Previous Owner | Jdc 21 W Broad St Llc | $246,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $400,000 | +0.3% | $102 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $399,000 | 0.0% | $102 / Sq Ft |
| 04/15/2021 04/15/21 | Rented | $1,000 | 0.0% | -- |
| 03/22/2021 03/22/21 | Under Contract | -- | -- | -- |
| 02/24/2021 02/24/21 | For Rent | $1,000 | -32.2% | -- |
| 09/01/2020 09/01/20 | Rented | $1,475 | 0.0% | -- |
| 08/11/2020 08/11/20 | Under Contract | -- | -- | -- |
| 06/29/2020 06/29/20 | For Rent | $1,475 | +60.3% | -- |
| 11/01/2019 11/01/19 | Rented | $920 | 0.0% | -- |
| 09/19/2019 09/19/19 | Price Changed | $920 | -0.5% | $0 / Sq Ft |
| 09/12/2019 09/12/19 | Price Changed | $925 | -2.6% | $0 / Sq Ft |
| 08/28/2019 08/28/19 | For Rent | $950 | +11.8% | -- |
| 04/01/2017 04/01/17 | Rented | $850 | 0.0% | -- |
| 03/15/2017 03/15/17 | Under Contract | -- | -- | -- |
| 02/23/2017 02/23/17 | For Rent | $850 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,729 | $228,700 | $37,100 | $191,600 |
| 2023 | $9,729 | $228,700 | $37,100 | $191,600 |
| 2022 | $9,621 | $228,700 | $37,100 | $191,600 |
| 2021 | $9,482 | $228,700 | $37,100 | $191,600 |
| 2020 | $9,143 | $228,700 | $37,100 | $191,600 |
| 2019 | $8,720 | $228,700 | $37,100 | $191,600 |
| 2018 | $8,572 | $228,700 | $37,100 | $191,600 |
| 2017 | $8,309 | $228,700 | $37,100 | $191,600 |
| 2016 | $7,995 | $228,700 | $37,100 | $191,600 |
| 2015 | $7,709 | $228,700 | $37,100 | $191,600 |
| 2014 | $7,456 | $228,700 | $37,100 | $191,600 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Seiler
-
Lilly Villar
L
Buyer's Agent in 2023
Lilly Villar
BHHS Fox & Roach - Manalapan
(732) 672-5232
1 in this area
8 Total Sales
-
Brad Sasaki
Seller's Agent in 2021
Brad Sasaki
RE/MAX
(609) 937-2261
4 in this area
104 Total Sales
-
JENNIFER BAILEY
Buyer's Agent in 2021
JENNIFER BAILEY
BHHS Fox & Roach
(856) 914-4823
11 Total Sales
-
Kyra Brinson
Buyer's Agent in 2020
Kyra Brinson
EXP Realty, LLC
(201) 774-0019
3 in this area
172 Total Sales
Map
Similar Home in Burlington, NJ
Source: Bright MLS
MLS Number: NJBL2042434
APN: 05-00013-0000-00047
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