***INVESTORS NEW LISTING ALERT***2 HOMES ON 1 LOT W/ 1 TAX BILL***SEPARATE METERS FOR ELECTRIC, WATER & SEWER***0.49 ACRE***TAXES $4,082*** DOS CASA @ BROOK LN~Absolutely AMAZING investment opportunity in Galloway featuring 2 income properties on 1 parcel of land! 1st home is 2 bed 1 bath w/full unfinished basement! HVAC was updated 4 years ago, features central air along with gas forced-air heat. Gas water heater. Enclosed porch area at front of home. Loft bedroom on 2nd floor. Full bed & bath are on main floor along with family room & kitchen. Home is very well maintained and shows very well. Rent is month to month @ $1,350. 2nd home consists of family room, kitchen, bedroom along with full bath. Heat is electric as well as water heater. Rent is month to month @ $650. With a renovation of the cottage, this number will go up exponentially. Gas on property, cottage could easily be converted. Eventual plans for a 2nd floor are more than doable. Above ground oil tank is not in use and will be removed prior to closing.
Sold for $307,775
$307,775
521 E Brook Ln, Galloway, NJ 08205
--beds
--baths
--sqft
Duplex
Built in 1931
-- sqft lot
$372,400 Zestimate®
$--/sqft
$2,264 Estimated rent
Home value
$372,400
$350,000 - $398,000
$2,264/mo
Zestimate® history
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$2,264/mo
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$2,148/mo
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Full bedLoft bedroomCentral air
Zillow last checked:
Listing updated:
Listed by:
CHRISTIAN LUCIA 609-992-1051,
NEW ERA REAL ESTATE-D
Bought with:
KAREN SALVO, SFR, 1003793
Source: SJSRMLS,MLS#: 579724
Facts & features
Interior
Heating
- Electric, Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Electric Stove, Gas Stove, Microwave, Refrigerator
Features
- Basement: Full,Inside Entrance,Partial
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Lot
- Size: 0.50 Acres
- Dimensions: 96 x 225
Details
- Parcel number: 1064.01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Senior living
- Senior community: Yes
Location
- Region: Galloway
Other
Other facts
- Available date: 11/16/2023
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2024 | Sold | $307,775 |
Source:  SJSRMLS #579724 Report a problem | ||
| 12/28/2023 | Pending sale | $307,775 |
Source: SJSRMLS #579724 Report a problem | ||
| 11/16/2023 | Listed for sale | $307,775+242% |
Source: SJSRMLS #579724 Report a problem | ||
| 1/10/2020 | Listing removed | $1,200 |
Source: GALLOWAY REAL ESTATE INC #532136 Report a problem | ||
| 1/3/2020 | Price change | $1,200-7.7% |
Source: Galloway Real Estate Report a problem | ||
| 12/9/2019 | Listed for rent | $1,300 |
Source: Zillow Rental Manager Report a problem | ||
| 3/23/2015 | Sold | $90,000-30.7% |
Source: Public Record Report a problem | ||
| 8/3/2014 | Listed for sale | $129,900 |
Source: GALLOWAY REAL ESTATE INC #433399 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,194 +26.8% | $155,600 +26.8% |
| 2024 | $4,096 +0.4% | $122,700 |
| 2023 | $4,081 +5.7% | $122,700 |
| 2022 | $3,861 +1.6% | $122,700 |
| 2021 | $3,800 +1.9% | $122,700 |
| 2020 | $3,730 -1.4% | $122,700 |
| 2019 | $3,783 | $122,700 |
| 2018 | $3,783 +0.9% | $122,700 |
| 2017 | $3,750 +0.5% | $122,700 |
| 2016 | $3,733 +3.4% | $122,700 |
| 2015 | $3,609 -10.7% | $122,700 |
| 2014 | $4,040 +7.4% | $122,700 -33% |
| 2013 | $3,763 | $183,200 |
Find assessor info on the county website
Neighborhood: Absecon Highlands
Nearby schools
GreatSchools rating
- 5/10Arthur Rann Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 3/10Galloway Twp Middle SchoolGrades: 7-8Distance: 3.3 mi
- 4/10Absegami High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$372,400
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Estimated market value
$372,400
- New Jersey
- Atlantic County
- Galloway
- 08205
- Absecon Highlands
- 521 E Brook Ln
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