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Sold for $302,000
    • $302,000

    308 Walnut Ave, Gloucester City, NJ 08030

    4beds
    --baths
    1,000sqft
    Duplex
    Built in 1925
    -- sqft lot
    $350,400 Zestimate®
    $302/sqft
    $1,720 Estimated rent

    Home value

    $350,400

    $326,000 - $378,000

    $1,720/mo

    Zestimate® history
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    What's special

    New kitchenKitchen cabinetsPublic transportationBonus porchNew bathroomMini split systemExtra space
    Here is your chance to own an instant income producing property. The roof and 6" gutters are brand new. All the windows have been replaced. The whole exterior has been painted for a fresh look. The downstairs is a completely renovated 3 bed 1 bath apartment, with interior access to the basement and private laundry room. Complete with an all new bathroom, from the tile to shower fixtures, and all new kitchen with long lasting granite counter tops and all new appliances and cabinets. Bonus porch off the kitchen provides extra space for an office, kids play room, or dinning room. The upstairs is an all updated 1 bath, 1 bed apartment, with loads of character. All new appliances, kitchen cabinets, bathroom and heat and AC are provided with a mini split system. BONUS....the current owners built two separate laundry facilities in the basement for each units' personal use. Plenty of parking in the driveway and off street. Close to all major highways, shopping and public transportation. A nice sized fenced in backyard for families. A garage on the property provides storage for the new owner or rent out the garage to tenants for extra income. The property has been approved with section 8. The sellers will not be making any repairs. Everything has just passed the CO for tenants. All inspections are current. Sellers will provide RE-SALE CO and fire cert, if required. Buyers are responsible for New Landlord Registration with Gloucester City. Upstairs unit-1 bed, 1 bath-Currently Rented-$1287.00 Section 8 Contract Downstairs unit-3 bed,1 bath-Currently Rented-$2200.00 Garage-Market Value to rent-$200.00

    Zillow last checked:

    Listing updated:

    Listed by:

    Carolyn Warner 609-213-9819,

    Penzone Realty

    Bought with:

    Rosalie Hadulias, RM424765

    Keller Williams Realty - Atlantic Shore

    Source: Bright MLS,MLS#: NJCD2067624MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 900
    Heating
    • Baseboard, Wall Unit, Electric, Natural Gas
    Cooling
    • Window Unit(s), Wall Unit(s), Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Gas, Oven/Range - Electric, Self Cleaning Oven, Electric Water Heater, Gas Water Heater
    Features
    • Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Kitchen - Table Space, Bathroom - Tub Shower, Upgraded Countertops, Dry Wall
    • Flooring: Luxury Vinyl
    • Windows: Double Hung, Energy Efficient, Replacement
    • Basement: Partial,Full,Exterior Entry,Interior Entry,Concrete,Walk-Out Access,Other
    • Has fireplace: No
    Interior area
    • Total structure area: 1,900
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Asphalt, Driveway, Off Street
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 7,396 Square Feet
    • Dimensions: 87.00 x 85.00
    • Features: Front Yard, Private, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 140027100005
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Duplex
    Materials
    • Block
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1925
    • Major remodel year: 2023

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available

    Community & HOA

    Location
    • Region: Gloucester City
    • Municipality: GLOUCESTER CITY

    Financial & listing details

    • Price per square foot: $302/sqft
    • Tax assessed value: $123,300
    • Annual tax amount: $6,169
    • Date on market: 5/10/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Inclusions: 2 Washers, 2 Dryers, 2 Refrigerators, 2 Ranges / Oven, 2 Dishwashers, And 2 Garbage Disposals
    • Exclusions: All Tenant Personal Property And Owner Property In The Garage.
    • Ownership: Fee Simple
    • Total actual rent: 62000
    • Income includes: Apartment Rentals

    Price history

    DateEventPrice
    6/17/2024Sold$302,000+7.9%$302/sqft
    Source: Bright MLS #NJCD2067624 Report a problem
    5/16/2024Pending sale$280,000$280/sqft
    Source: Bright MLS #NJCD2067624 Report a problem
    5/10/2024Listed for sale$280,000+64.7%$280/sqft
    Source: Bright MLS #NJCD2067624 Report a problem
    1/31/2023Sold$170,000$170/sqft
    Source: Bright MLS #NJCD2039750 Report a problem
    1/30/2023Pending sale$170,000$170/sqft
    Source: Bright MLS #NJCD2039750 Report a problem
    1/30/2023Listing removed$170,000$170/sqft
    Source: Bright MLS #NJCD2039750 Report a problem
    1/6/2023Pending sale$170,000$170/sqft
    Source: Bright MLS #NJCD2039750 Report a problem
    12/17/2022Listed for sale$170,000+36%$170/sqft
    Source: Bright MLS #NJCD2039750 Report a problem
    8/29/2013Sold$125,000$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,189 +48.7%$173,600 +40.8%
    2024$6,181 -59.9%$123,300
    2023$15,418 +2.1%$123,300
    2022$15,108 +163.1%$123,300
    2021$5,743 +5.7%$123,300
    2020$5,433 +2%$123,300
    2019$5,327 +2.1%$123,300
    2018$5,217 +3.9%$123,300
    2017$5,020 +11%$123,300
    2016$4,520 +27.8%$123,300
    2015$3,536 +1.4%$123,300 +82.9%
    2014$3,488 -23.8%$67,400
    2012$4,576 +4.4%$67,400 -23.1%
    2011$4,384 +5.5%$87,600
    2010$4,153 +6.1%$87,600
    2009$3,913 $87,600
    2008-- $87,600
    2007-- $87,600
    2006-- $87,600
    2005-- $87,600
    2004-- $87,600
    2003-- $87,600
    2002-- $87,600
    2001-- $87,600
    Find assessor info on the county website

    Neighborhood: 08030

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Gloucester City Jr. Sr. H.s.
    • District: Gloucester City Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $350,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $350,400

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