NOT LISTED FOR SALE

Estimated Value: $241,000 - $322,000

Studio
-- Bath
1,440 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2019

Last sale price $90,000 $62 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,766 / mo

330 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Wall to Wall Carpet
  • Mobility Improvements
  • Replacement Windows

About This Home

As of December 2019

Huge price reduction! No, not a bank owned home or a short sale. Back on the market! Seller says sell!! Are you looking for an income producing Duplex in a prime area of Deptford? Are you looking for a property that begins generating passive income from day 1? Are you looking for a property that has long-term tenants who have both been living in the home for 15+ years? If you answered yes to any of these questions, then this property is the one for you! The first floor unit is a spacious 1 bedroom, which features handicap access, a large living room with a beautiful brick fireplace, dining room, and large kitchen and master bedroom. Unit 1 also has basement access and washer and dryer. Unit 2 features 2 bedrooms, a cozy living room, and a large bathroom, which also has a washer/dryer. This property is a great value for the savvy investor, as both tenants have both lived there for 15+ years. Due to the length of time the tenants have been there, some updating is needed, but the tenants are very happy there, and all you need to do start collecting those rents! The current owner is also in the process of replacing all the windows, which is one less thing for a new owner to worry about! Don't wait on this, because at this bargain price, you might miss out on a great opportunity.

Last Agent to Sell the Property

Nicholas Alvini

(856) 858-2200 njrealtortara@gmail.com Keller Williams - Main Street License #RS357150 Listed on: 11/19/2018

Keller Williams - Main Street

Last Buyer's Agent

Shawn Wentz

(856) 888-9505 matt@sellingsj.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1910

Lot Details

  • 12,000 Sq Ft Lot
  • Lot Dimensions are 100x120
  • Property is in good condition

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Replacement Windows
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Unassigned Parking

Accessible Home Design

  • Mobility Improvements

Schools

  • Monongahela Middle School
  • Deptford Township High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 00020
  • Assessor Parcel Number 02-00096-00020

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Crossroads At Mullica Subdivision

Building Details

  • Insurance Expense $700
  • Maintenance Expense $1,500
  • Operating Expense $4,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,899

Year Built

Built in 1910

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: All Existing Appliances In "As-Is" Condition
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Laminated
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 68.68
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: DEPTFORD TOWNSHIP
  • Middle Or Junior School: MONONGAHELA

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 100X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 17580.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 17580.00
  • Operating Expense: 1680.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4899.00
  • Assessor Parcel Number: 02-00096-00020
  • Tax Lot: 00020
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: DEPTFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2019
Sold by
Dinunzio James F and Dinunzio Mclissa T
Bought by
Wentz Shawn and Wentz Kristyn
Current Estimated Value
$277,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Dinunzio James F
Bought by
Dinunzio James F and Dinunzio Melissa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wentz Shawn $90,000 Foundation Title Llc
Dinunzio James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wentz Shawn $67,500
Previous Owner Dinunzio James F $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2019 12/02/19 Sold $90,000 -9.0% $63 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $98,899 0.0% $69 / Sq Ft
10/05/2019 10/05/19 Price Changed $98,900 -13.9% $69 / Sq Ft
04/12/2019 04/12/19 Price Changed $114,900 -4.2% $80 / Sq Ft
02/07/2019 02/07/19 Price Changed $119,900 -14.3% $83 / Sq Ft
11/19/2018 11/19/18 For Sale $139,900 -- $97 / Sq Ft
Source: Bright MLS

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 $3,227 $90,000 $38,800 $51,200
2024 $3,123 $90,000 $38,800 $51,200
2023 $3,123 $90,000 $38,800 $51,200
2022 $3,101 $90,000 $38,800 $51,200
2021 $3,056 $90,000 $38,800 $51,200
2020 $5,109 $90,000 $38,800 $51,200
2019 $5,012 $152,200 $38,800 $113,400
2018 $4,899 $152,200 $38,800 $113,400
2017 $4,768 $152,200 $38,800 $113,400
2016 $4,671 $152,200 $38,800 $113,400
2015 $4,526 $152,200 $38,800 $113,400
2014 $4,409 $152,200 $38,800 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL118206

Bright MLS

APN: 02-00096-0000-00020

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