$100,000
$110,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1,800 SqFt
SOLD DATE : 03/08/2022
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $55
MLS Listing ID NJSA142232
Sold Date 03/08/22
Style Ranch/Rambler
HOA Y/N N
Abv Grd Liv Area 1,800
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,267
Tax Year 2021
Lot Size 0.419 Acres
Acres 0.42
Lot Dimensions 50.00 x 365.00
Property Description
tremendous investment opportunity to own a cash-flowing asset near an area of an economic resurgence with low taxes. Industrial Jobs and Amazon are expected to continue to increase job opportunities in the area which means you could potentially experience a low vacancy, appreciation, and increased rents. The property is nearly a half-acre and could build a garage for even more potential income.rents are currently unit 1 - 1100 (the current tenant is paying half of that right now, he has been trying to get state assistance but has not yet been approved. ) and unit 2 - 950. Please do not go on property. Showings drive by only until serious qualified buyer wants to make an offer we can try to arrange access with tenants. Updates are recently done including 2 new heaters.
Location
State NJ
County Salem
Area Carneys Point Twp (21702)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Penns Grove-Carneys Point Schools
Others
Tax ID 02-00039-00006 04
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Justin Kelly • RE/MAX Connection Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "