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Sold for $338,000
  • $338,000

    48 W Atlantic Ave, Audubon, NJ 08106

    2beds
    2baths
    --sqft
    Townhouse
    Built in 1955
    -- sqft lot
    $348,200 Zestimate®
    $--/sqft
    $1,786 Estimated rent

    Home value

    $348,200

    $331,000 - $366,000

    $1,786/mo

    Zestimate® history
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    What's special

    Welcome to 48 W. Atlantic Ave, Audubon, NJ, a charming duplex situated in the heart of the town. This property boasts exceptionally low property taxes of just $3,707 annually, making it a standout investment opportunity. Located right off Merchant St, this duplex offers unparalleled convenience with ample parking available in the public lot adjacent to the home. Both units are currently occupied, generating a strong cash flow of $2,400 per month, ensuring a steady and reliable income stream. Each unit features one bedroom and one bathroom, with the first-floor unit having undergone renovations three years ago, including new cabinets, an updated bathroom, and new flooring throughout. The property's prime location allows residents to enjoy the small-town feel while being within walking distance of local shops, restaurants, and community amenities. With its modern updates, stable income, and incredibly low taxes, this duplex is an ideal investment for expanding your portfolio. Both units are currently rented. The lower unit lease is until September 2026. The second-floor lease is until June 30, 2025. The owner is honoring the lease agreements in place.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzanne Hoover 856-938-4205,

    Compass New Jersey, LLC - Haddon Township

    Bought with:

    Jenna Whitney

    Keller Williams Realty - Marlton

    Source: Bright MLS,MLS#: NJCD2073542MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Built-In Range, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Water Heater, Gas Water Heater
    Features
    • Flooring: Wood, Carpet
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Public, On Street, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 995 Square Feet
    • Dimensions: 16.58 x 60.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 010006600005 05
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Aluminum Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Location
    • Region: Audubon
    • Municipality: AUDUBON BORO

    Financial & listing details

    • Tax assessed value: $95,000
    • Annual tax amount: $3,183
    • Date on market: 8/8/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: All Fixtures
    • Exclusions: Tenants Items.
    • Ownership: Fee Simple
    • Total actual rent: 28800

    Price history

    DateEventPrice
    9/18/2024Sold$338,000+0.9%
    Source: Bright MLS #NJCD2073542 Report a problem
    8/26/2024Pending sale$334,999
    Source: Bright MLS #NJCD2073542 Report a problem
    8/8/2024Listed for sale$334,999+91.4%
    Source: Bright MLS #NJCD2073542 Report a problem
    6/22/2021Sold$175,000
    Source: Public Record Report a problem
    4/23/2021Pending sale$175,000+52.2%
    Source: Bright MLS #NJCD417740 Report a problem
    6/27/2018Listing removed$900
    Source: Realty Solutions LLC Report a problem
    6/5/2018Listed for rent$900
    Source: Realty Solutions LLC - Property # 570814 Report a problem
    11/22/2017Sold$115,000+11.7%
    Source: Public Record Report a problem
    10/9/2017Pending sale$103,000
    Source: RE/MAX Preferred - Sewell #7063091 Report a problem
    10/3/2017Listed for sale$103,000+8.4%
    Source: RE/MAX Preferred-Sewell #7063091 Report a problem
    1/13/2011Sold$95,000+46.2%
    Source: Public Record Report a problem
    4/13/1998Sold$65,000+100%
    Source: Public Record Report a problem
    2/17/1998Sold$32,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,990 +4%$95,000
    2024$3,835 +3.4%$95,000
    2023$3,708 +2.7%$95,000
    2022$3,609 +4.3%$95,000
    2021$3,459 +2.3%$95,000
    2020$3,380 +1.3%$95,000
    2019$3,338 $95,000
    2018$3,338 +4.9%$95,000
    2017$3,183 +3.4%$95,000
    2016$3,080 +1%$95,000
    2015$3,050 $95,000
    Find assessor info on the county website

    Neighborhood: 08106

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Audubon Public 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
    $348,200
    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
    $348,200