Views
Address
235 Center Street, Moorestown, NJ
Price
$ 449,000
Property Attributes
- MLS#NJBL2052666
- TypePending
- CountyBURLINGTON
- CityMoorestown
- AreaMoorestown Twp
- Zip08057
- StyleCape Cod
- Year Built1951
- Taxes$ 5853
- Price$ 449,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.46 Acres
Data Source:
Bright MLS
Property Description
Don't miss this Investment opportunity home! This duplex is a multi-family home and is a solid moneymaker with excellent cash flow and a low expense ratio. It has a beautiful lush large yard, a nice 20'x12' woodshed in the back yard, and a large driveway/parking. The living room has lots of space! Kitchens are just the right size with lots of cabinets. Downstairs Apartment 1 is a 2 Bedroom and Upstairs Apartment 2 has 3 bedrooms. Live in one half while you rent the other. The utilities are separated. The back porch is a good size and accessible from the backyard. The backyard is large and great for a growing family. This home backs to the woods, and the lot extends approximately75 feet into the woods. There is wood flooring and carpet throughout the home. All rooms are good-sized bedrooms with ample closet space. New Paint and New Carpet! The building is in a great location for a multifamily and the desirable town of Moorestown. The lot is large and has potential. A lot of houses for the money & highly sought-after Moorestown schools!!! Close to shopping, transportation, and a great investment property!!
| Price History | |
|---|---|
| 9/10/2023 | Listed $460,000 |
| 11/29/2023 | 3% - $449,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Ceiling Fan(s) |
| Utilities | Electric Available,Natural Gas Available,Phone Available,Cable TV Available,Water Available |
| Possession | 31-60 Days CD |
| Roof | Asphalt,Shingle |
| Pool Y/N | No Pool |
| Architectural Style | Cape Cod |
| Construction Materials | Stucco |
| Year Built | 1951 |
| Electric | 100 Amp Service |
| View | Garden/Lawn,Street,Trees/Woods |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| OwnerPays | Taxes - Real Estate |
| Accessibility | None |
| County | BURLINGTON |
| Net Operating Income | 25000.00 |
| Operating Expense | 25000.00 |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | Mid way Property on Center St |
| ModificationTimestamp | 2024-05-02T14:37:43 |
| City | MOORESTOWN |
| Buyer Agent Compensation | 3 |
| Disclosures | Lead Free Paint,Prop Disclosure |
| Total Units | 1 |
| MLS Area | Moorestown Twp (20322) |
| Lot Size Square Feet | 19920.00 |
| Tax Assessed Value | 211100.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 2 |
| Street Name | CENTER |
| Tax Annual Amount | 5853.0 |
| Property Condition | Good |
| Two Bedroom | 1 |
| Structure Type | Detached |
| Price Per Sq Ft | 267.26 |
| Acceptable Financing | Conventional,Cash,VA |
| Avg. Electric Per Month | 110.0 |
| Avg. Gas Per Month | 100.0 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Avg. Water Per Month | 30.0 |
| Total SQFT | 1680 |
| Days on Market | 127 |
| Location Type | Middle Of Block |
| Lease Type | Month to Month |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Tax Lot | 00038 |
| Total Actual Rent | 31000.00 |
| Cap Rate | 5.30 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric,Natural Gas |
|---|---|
| Basement | Partially Finished |
| Flooring | Carpet,Ceramic Tile,Hardwood |
| Hot Water | Natural Gas |
| Total Stories | 3 |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Lot Features | Backs to Trees |
|---|---|
| Water Source | Public |
| Type of Parking | Driveway |
| Foundation Details | Block |
| Water View Y/N | No |
| Lot Dimensions | 80.00 x 249.00 |
| Lot Size Acres | 0.46 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Soil Types | Mixed |
| Land Assessed Value | 74800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 08057
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Taxes
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