Come check out this income earning QUAD today! Four - 1 bed 1 bath units Contact the listing agent for all financials that have to do with this property 648A - $865 Per mo- Section 8 long term tenant 648B- $925 Per mo 650A- $1,050 potential rent once rehabbed 650B- $950 Per mo Each unit us due for a rent increase once leases end. Two units leases are up in November and the section 8 tenant just got a new HAP contract. Three of the Four units are occupied all PAYING tenants with leases in tact. Unit 650 A is vacant and just has been cleaned out. Needs work! EXPENSES Common Gas (Hot water, whole house)/common area electric(lights) $1300/ year Taxes $8400/year Water/sewer $3300/year Insurance $2000 Building has four gas boilers, all separately metered. Tenants pay gas heat. One was replaced 02/2023 Building has a whole house tankless hot water heater that was replaced 02/2023. Owner pays this bill. Building has property management in place for 8% of gross rents. The property is being sold AS-IS. The buyer is responsible for all inspections, including but not limited to certificate of occupancy and fire inspection.
Sold for $275,000
$275,000
648 N Broad St #650, Woodbury, NJ 08096
4beds
--baths
2,208sqft
Quadruplex
Built in 1930
-- sqft lot
$355,500 Zestimate®
$125/sqft
$2,119 Estimated rent
Home value
$355,500
$331,000 - $380,000
$2,119/mo
Zestimate® history
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Hot water
Zillow last checked:
Listing updated:
Listed by:
John Rinick 267-205-1824,
Tesla Realty Group LLC,
Listing Team: 23, Real Estate
Bought with:
John Rinick, 1865546
Tesla Realty Group LLC
Source: Bright MLS,MLS#: NJGL2029218
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Attic, Floor Plan - Traditional
- Flooring: Carpet
- Basement: Exterior Entry,Sump Pump,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Pool features: None
Lot
- Size: 5,798 Square Feet
- Dimensions: 40.00 x 145.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 220012500015
- Zoning: -
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Crawl Space
Condition
- Good,Average
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Woodbury
- Municipality: WOODBURY CITY
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $185,300
- Annual tax amount: $8,445
- Date on market: 5/9/2023
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,Negotiable,Other
- Exclusions: Tenants Personal Property
- Ownership: Fee Simple
- Total actual rent: 4000
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2023 | Sold | $275,000-8%$125/sqft |
Source:  Bright MLS #NJGL2029218 Report a problem | ||
| 5/26/2023 | Pending sale | $299,000$135/sqft |
Source: Bright MLS #NJGL2029218 Report a problem | ||
| 5/10/2023 | Listed for sale | $299,000$135/sqft |
Source: Bright MLS #NJGL2029218 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08096
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Nearby schools
GreatSchools rating
- 6/10Walnut Street Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Woodbury Jr Sr High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Woodbury 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
$355,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$355,500
- New Jersey
- Gloucester County
- Woodbury
- 08096
- 648 N Broad St Unit 650
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