Newfield, NJ 08344,103 CATAWBA AVE
Newfield, NJ 08344,103 CATAWBA AVE
Newfield, NJ 08344,103 CATAWBA AVE
Newfield, NJ 08344,103 CATAWBA AVE
Newfield, NJ 08344,103 CATAWBA AVE
Newfield, NJ 08344,103 CATAWBA AVE
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$425,018

$399,890

6.3%
Est.Price: ?

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Est. payment /mo

1,914 SqFt


SOLD DATE : 07/13/2022

Key Details

Sold Price $425,018

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,914 sqft

Price per Sqft $222

Subdivision None Available

MLS Listing ID NJGL2013482

Sold Date 07/13/22

Style Carriage House,Victorian

Abv Grd Liv Area 1,914

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $10,625

Tax Year 2021

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 68.00 x 0.00

Property Description

Offer Accepted, waiting on contracts to be signed with attorneys! ***INVESTOR ALERT****Looking for a well maintained 6 PLEX? Your search is officially over! Consisting of 2 separate buildings on a large lot, this property has been well maintained and updated over the years. The front house has a 2 bedroom unit on each level and is equipped with gas forced air heat, central AC (Newer Goodman unit was installed in 2020), a full unfinished walkout basement, with access to it from the first level unit, a floored storage attic with access from the second level unit, and updated 200 amp electric. The back unit contains 4/ 1 bedroom units, all equipped with electric baseboard heat and no AC (Just window units). There is also a small efficiency unit that is currently being used for storage but could be turned back into an income producing unit. Tenants pay gas and electricity (all utilities are separate). Landlord pays Water, Taxes, Insurance, Septic maintenance, Private trash collection, Common area electric and lawn care/snow removal. Total income is $ 64,800 with expense at approx... $ 27,394. Annual income is around $37,406! It is registered as a 6 Unit. The state inspection was completed 9/3/19 (good for 5 years). All tenants are current on rent. The roof on the front building is 2 years old. The roof on the back building is 15 years old. The septic was replaced 12 years ago. It doesn't get any better than this! Units 2, 4, & 7: Tenants work nights and will not be available to show. 5 of the 6 rented units are on month to month leases. Great long term tenants that would all enjoy staying. In a quite area of Newfield. Make your offer today!

Location

State NJ

County Gloucester

Area Newfield Boro (20813)

Zoning R5H

Rooms

Basement Partial, Unfinished

Interior

Interior Features Ceiling Fan(s), Attic, Carpet, Combination Kitchen/Dining, Kitchen - Eat-In, Tub Shower

Hot Water Natural Gas, Electric

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Window Unit(s)

Flooring Vinyl, Carpet

Fireplace N

Window Features Energy Efficient

Heat Source Natural Gas, Electric

Exterior

Exterior Feature Porch(es)

Garage Spaces 10.0

Waterfront N

Water Access N

View Garden/Lawn

Roof Type Pitched,Shingle

Accessibility None

Porch Porch(es)

Total Parking Spaces 10

Garage N

Building

Lot Description Cleared, Rear Yard, SideYard(s)

Foundation Concrete Perimeter, Brick/Mortar

Sewer On Site Septic

Water Public

Architectural Style Carriage House, Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Franklin Township Board Of Education

Others

Tax ID 13-00204-00002

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

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Patricia K. Gallardo

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Bright MLS (BMLS)
Listed by Thomas P. Duffy • Keller Williams Realty - Washington Township
Bought with Yechiel Schwartz • Investors Edge Realty
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1765 Greensboro Station Place, Suite 900, Mclean

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