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1016 W 3rd Street, Florence, NJ 08518
$325,000
1016 W 3rd Street, Florence, NJ 08518View this property at 1016 W 3rd Street, Florence, NJ 08518
1016 W 3rd StreetFlorenceNJ08518
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Property Description
Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate-seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!
Full Property Details
Full Property Details for 1016 W 3rd St
General
- Price: $325,000
- Taxes: $3,657 (2023)
- Status: Under Contract
- Type: Duplex
- MLS ID: NJBL2063876
- Updated: 4/23/2024
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Dryer, Oven/Range - Gas, Refrigerator, Washer
Parking
- Total Spaces: 2
- Parking Type: On Street, Driveway
Location
- Area: Florence Twp (20315)
- Municipality: FLORENCE TWP
- County: Burlington
- Driving Directions: GPS
- Location Details: Suburban
School Information
- School District: Florence Township Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Block
- Stories/Levels: 0
- Square Feet: 2,063
- Sq. Ft. Source: Estimated
- Living Area: 2,063 Sq. Ft.
- Finished Above Grnd: 1,718 Sq. Ft.
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,450
- Lot Size Source: Estimated
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $189.17
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $137,100
- Tax Amount: $3,657
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 1
Listed by Century 21 Veterans-Newtown, Melanie C Elliott
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Schools
Schools serving 1016 W 3rd St
School District:Florence Township Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
500 E Front St, Florence, NJ 08518 | 4-8 | 1.2 mi | |
1330 Hornberger Ave, Roebling, NJ 08554 | PK-3 | 2.1 mi | |
1050 Cedar Ln, Burlington, NJ 08016 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1016 W 3rd St
Date
Details
Price
Change
Source
4/19/2024
Listed
$325,000
44.44%
MLS
9/22/2022
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1016 W 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,580
1%
$137,100
—
2021
$3,548
2%
$137,100
—
2018
$3,473
1%
$137,100
—
2017
$3,430
2%
$137,100
—
2016
$3,364
-4%
$137,100
—
2019
$3,503
-4%
$137,100
-9%
2015
$3,640
1%
$151,400
—
2013
$3,618
—
$151,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1016 W 3rd St
1016 W 3rd Street, Florence, NJ 08518 (MLS# NJBL2063876) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1016 W 3rd Street is currently listed for $325,000 and was received on April 19, 2024. Want to learn more about 1016 W 3rd Street? Do you have questions about finding other Duplex real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.