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
Sold for $302,000
$302,000
308 Walnut Ave, Gloucester City, NJ 08030
4beds
--baths
1,000sqft
Duplex
Built in 1925
-- sqft lot
$338,000 Zestimate®
$302/sqft
$1,990 Estimated rent
Home value
$338,000
$314,000 - $365,000
$1,990/mo
Zestimate® history
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$2,208/mo
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$2,208/mo
Est. payment
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List your homeWhat's special
New kitchenKitchen cabinetsPublic transportationBonus porchNew bathroomMini split systemExtra space
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#: NJCD2067624
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 sqft
- 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 & neighborhood
Location
- Region: Gloucester City
- Municipality: GLOUCESTER CITY
HOA & financial
Other financial information
- Total actual rent: 62000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2024 | Sold | $302,000+7.9%$302/sqft |
Source:  Bright MLS #NJCD2067624 Report a problem | ||
| 5/16/2024 | Pending sale | $280,000$280/sqft |
Source: Bright MLS #NJCD2067624 Report a problem | ||
| 5/10/2024 | Listed for sale | $280,000+64.7%$280/sqft |
Source: Bright MLS #NJCD2067624 Report a problem | ||
| 1/31/2023 | Sold | $170,000$170/sqft |
Source: Bright MLS #NJCD2039750 Report a problem | ||
| 1/30/2023 | Pending sale | $170,000$170/sqft |
Source: Bright MLS #NJCD2039750 Report a problem | ||
| 1/30/2023 | Listing removed | $170,000$170/sqft |
Source: Bright MLS #NJCD2039750 Report a problem | ||
| 1/6/2023 | Pending sale | $170,000$170/sqft |
Source: Bright MLS #NJCD2039750 Report a problem | ||
| 12/17/2022 | Listed for sale | $170,000+36%$170/sqft |
Source: Bright MLS #NJCD2039750 Report a problem | ||
| 8/29/2013 | Sold | $125,000$125/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 schools
GreatSchools rating
- 3/10Cold Springs SchoolGrades: PK-3Distance: 0.5 mi
- 5/10Gloucester City Middle SchoolGrades: 4-8Distance: 1.2 mi
- 6/10Gloucester City High SchoolGrades: 9-12Distance: 0.4 mi
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
$338,000
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Estimated market value
$338,000
- New Jersey
- Camden County
- Gloucester City
- 08030
- 308 Walnut Ave
Nearby cities
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