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Off market

Buy a houseat 313 S LAUREL STREET, LANDISVILLE, NJ 08326

$395,000

$0/mo

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Multifamily

2,600 Sq. Ft.

11,325 Sq. Ft. lot

335 Days on market

NJAC2007370 MLS ID

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About 313 S LAUREL STREET house

Back on market, buyer could not secure financing. Investors Delight! This property is located in the suburbs of Buena, New Jersey and would be ideal for either a smart investor or someone who loves cars. First off, the square footage on Zillow is wrong. There is no way for me to change it on Zillow. This property has 3 apartments and a 4 car garage. There are 2 houses on the property. The property sits on a corner lot. One house faces Laurel St. and the other house faces Summer Ave. The house on Laurel St. has 2 apartments - an upstairs apartment consisting of 1 bedroom, an office (which could be used as a bedroom), 1 bath, a full kitchen and a washer and dryer. The downstairs has 2 bedrooms, 1 bathroom, a full kitchen, a living room with a beautiful brick fireplace and a large basement with a washer and dryer. There is also another room in the basement that could be used as an office or game room. All kitchens and bathrooms have tile floors. The other building faces Summer Ave. and has 2 bedrooms, 2 FULL bathrooms, a washer / dryer and an attached 4 car garage. The garage is heated and air conditioned and has a half bath with a bar sink. In total there are 6 Bedrooms, 3 kitchens, 4 bd; bathrooms and a 4 car garage! There is also a chimney in the garage where I used to have a wood stove if you ever want to re-install one. All structures are made of concrete block. All 4 units have central air conditioning. Almost all the appliances are natural gas. All units have alarm systems. There is an underground sprinkler system as well as a camera system that allows you to monitor the property on your phone. There is city water and city sewer. Property taxes are $5,859 per year. The area is extremely safe and the neighbors are awesome. You could live in one unit and rent the other two and live here for free. You could use the smaller apartment as an Airbnb. The possibilities are endless. The property appraised for $465,000. I am offering it for sale for $395,000. Here is an opportunity to make $70,000 in IMMEDIATE equity, plus you get all the potential rental income! Please note that I am the owner of the property and for the right buyer, this will be an incredible opportunity! The stock market is down 20%, but rents are UP 20%. Do the math. I have owned this property for 23 years and it was the BEST investment I ever made! Someday, you'll look back and say the same.
Back on market, buyer could not secure financing. Investors Delight! This property is located in the suburbs of Buena, New Jersey and would be ideal for either a smart investor or someone who loves cars. First off, the square footage on Zillow is wrong. There is no way for me to change it on Zillow. This property has 3 apartments and a 4 car garage. There are 2 houses on the property. The property sits on a corner lot. One house faces Laurel St. and the other house faces Summer Ave. The house on Laurel St. has 2 apartments - an upstairs apartment consisting of 1 bedroom, an office (which could be used as a bedroom), 1 bath, a full kitchen and a washer and dryer. The downstairs has 2 bedrooms, 1 bathroom, a full kitchen, a living room with a beautiful brick fireplace and a large basement with a washer and dryer. There is also another room in the basement that could be used as an office or game room. All kitchens and bathrooms have tile floors. The other building faces Summer Ave. and has 2 bedrooms, 2 FULL bathrooms, a washer / dryer and an attached 4 car garage. The garage is heated and air conditioned and has a half bath with a bar sink. In total there are 6 Bedrooms, 3 kitchens, 4 bd; bathrooms and a 4 car garage! There is also a chimney in the garage where I used to have a wood stove if you ever want to re-install one. All structures are made of concrete block. All 4 units have central air conditioning. Almost all the appliances are natural gas. All units have alarm systems. There is an underground sprinkler system as well as a camera system that allows you to monitor the property on your phone. There is city water and city sewer. Property taxes are $5,859 per year. The area is extremely safe and the neighbors are awesome. You could live in one unit and rent the other two and live here for free. You could use the smaller apartment as an Airbnb. The possibilities are endless. The property appraised for $465,000. I am offering it for sale for $395,000. Here is an opportunity to make $70,000 in IMMEDIATE equity, plus you get all the potential rental income! Please note that I am the owner of the property and for the right buyer, this will be an incredible opportunity! The stock market is down 20%, but rents are UP 20%. Do the math. I have owned this property for 23 years and it was the BEST investment I ever made! Someday, you'll look back and say the same.

Property details

House

Structure Type: Detached

Wall & Ceiling Types: Block Walls,Dry Wall

Listing

Property Sub Type: Triplex

Location

Municipality: BUENA BORO

County: Atlantic

MLS Area: Buena Boro (20104)

Subdivision: Landisville

Lot

Lot Size Dimensions: 75.00 x 150.00

Property

Other Structures: Above Grade,Below Grade

Schools

School District: BUENA REGIONAL SCHOOLS

Elementary School: BUENA

Middle School: CLEARY MIDDLE

High School: BUENA REGIONAL

Taxes

City/Town Tax Pymnt Freq: Annually

County Tax Pymnt Freq: Annually

Tax Annual Amount: $5,858

Tax Year: 2022

Utilities

Electric Service: 120/240V

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$3,087/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Nov 1, 2012

Price

-

Date

Dec 11, 2002

Price

$77,007

Date

Apr 4, 2002

Price

$100

DatePrice
Nov 1, 2012-
Dec 11, 2002$77,007
Apr 4, 2002$100

Schools

This home is within the Buena Regional School District.

Buena & Minotola & Williamstown enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$371,300

+$11,850

$383,150

Seller agent commission$11,850 (3%)*

$0 (0%)

Buyer agent commission$11,850 (3%)*

$11,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $11,850 more selling your home
with a Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Jul 6, 2023 at 12:04 p.m.

Courtesy of Ronnie Glomb, Your Town Realty {attribution_contact}
This content last updated on 07/06/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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