325 N Burlington St, Gloucester City, NJ 08030 - MLS NJCD2075708

325 N Burlington Street, Gloucester City, NJ 08030 - Photo 1

1/1

$275,000

Sold
Closed
Duplex
1,680 Sq. Ft.
Updated 3 days ago

1/1

Property Description

MULTIPLE OFFERS REC'D. PLEASE SUBMIT HIGHEST & BEST BY 7pm MON 9/16. (CLEAN OFFERS. NO ESCALATION CLAUSES, No seller love letters); INCLUDE your TERMS such as whether buyer will waive inspection, guarantee appraisal - appraisal gap coverage, etc. TURNKEY INVESTMENT OPPORTUNITY WITH GREAT CASH FLOW! Current rents are $1920 Unit 1 and $1350 unit 2. HUD FMR tables for 2025 show $1600 for a 1 bedroom (unit2) and $2300 FOR A 3 BEDROOM (Unit1) allowing for rents up to $3900/month in Year 2025. Renovated (2020-21) DUPLEX which consists of a 1st Floor 3 bedroom, 1 bath apartment & a 2nd floor 1 bedroom 1 bath unit in desirable Gloucester City. In 2021 the additions were: New HVAC with gas heat & central air. Vinyl plank wood-look floors, neutral theme, fresh white paint and a white and gray color scheme throughout. Tile floors in bathroom, vinyl everywhere else. New kitchens, baths & laundry including Stainless steel appliances, Quartz counter tops with a Carrera marble look; tile backsplash; microwave, refrigerator, & Washer/dryer. Full Basement used only by unit 1 and shared use of Front porch. Unit 1 has exclusive use of the fenced yard! Non-smoking units and no pets! Both long-term tenants with good rental history who are keeping units nicely maintained. AS-IS Where-is; Inspections for buyer info only-this is firm! Sellers prefer use of Infinity Title Agency.

Full Property Details

Full Property Details for 325 N Burlington St

General

Sold For: $275,000
Taxes: $4,958 (2023)
Status: Closed
Type: Duplex
Source: BrightMLSPhilly
MLS ID: NJCD2075708
Added to Site: 28 day(s) ago

Interior

Number of Rooms: 6
Interior Features: Breakfast Area, Combination Dining/Living, Combination Kitchen/Living, Entry Level Bedroom, Kitchen - Island, Wood Floors, Upgraded Countertops
Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater
Flooring: Ceramic Tile, Luxury Vinyl Plank

Parking

Parking Type: On Street

Location

Area: Gloucester City (20414)
Municipality: GLOUCESTER CITY
County: Camden
Driving Directions: Market St to Burlington

School Information

School District: Gloucester City Schools
Elementary School: Mary E. Costello E.S.
Middle School: Gloucester City Junior Senior
High School: Gloucester City Jr. Sr. H.S.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: Twin/Semi-Detached
Construction: Frame
Basement: Yes
Basement Desc.: Full
Foundation: Brick/Mortar
Stories/Levels: 2
Square Feet: 1,680
Sq. Ft. Source: Assessor
Living Area: 1,680 Sq. Ft.
Finished Above Grnd: 1,680 Sq. Ft.
Year Built: 1910
Year Built Source: Assessor
Property Condition: Excellent

Unit Information

1 Bedroom Units: 1
3 Bedroom Units: 1

Lot Features

Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Estimated
Lot Dimensions: 20.00 x 100.00
Frontage Feet: 20
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $157.74
Assessment Year: 2023
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $99,100
Tax Amount: $4,958
Tax Year: 2023
Terms: Standard Sale
Owner Pays: Taxes - Real Estate, Water, Sewer, Sewer Maintenance, Management
Landlord Pays: Taxes - Real Estate, Water, Sewer, Sewer Maintenance, Management
Tax Total Finished Sq. Ft.: 1680

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants' Personalty
Inclusions: All Appliances in their AS-IS condition
Lot Number: 16

Listed and Sold by Vanguard Realty Group Inc, Kimberly L Burnett-Thomas

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Listing agent

— 325 N Burlington St —

Kimberly L Burnett-Thomas

Vanguard Realty Group Inc

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Schools

Schools serving 325 N Burlington St

School District:Gloucester City Schools

Name	Grades	Distance
Mary Ethel Costello School 500 Market St, Gloucester Cy, NJ 08030	4-8	0.5 mi
Cold Springs School 1194 Market St, Gloucester Cy, NJ 08030	PK-3	1.1 mi
Gloucester City Junior Senior High School 1300 Market St, Gloucester Cy, NJ 08030	9-12	1.3 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 325 N Burlington St

Date

Details

Price

Change

Source

10/03/2024

Sold

$275,000

3.77%

MLS

9/10/2024

Listed

$265,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Broker, LLC, William B Spinner and Real of Pennsylvania, Richard M Lauletta

325 N Burlington Street, Gloucester City, NJ 08030 (MLS# NJCD2075708) is a Duplex property that was sold at $275,000 on October 03, 2024. Want to learn more about 325 N Burlington Street? Do you have questions about finding other Duplex real estate for sale in Gloucester City? You can browse all Gloucester City real estate or contact a Coldwell Banker agent to request more information.

325 N Burlington St Gloucester City, NJ 08030