408 Cornell Rd

Beds
Baths
2,230 Sq. Ft.
$112 / Sq. Ft.
2,230
Sq. Ft.
$112
per Sq. Ft.

Description

Look no further! Located on a quiet street less than a mile from Rowan University, this up/down style duplex is an investors dream! The property includes a 3 bedroom, 2 bathroom first floor unit and 2 bedroom, 1 bathroom second floor unit. The first floor unit features spacious rooms, a large brick fireplace, and on-site laundry access in the basement. The second floor unit includes a private, outdoor entrance and an eat-in kitchen, The large, partially fenced-in backyard is conveniently divided...Look no further! Located on a quiet street less than a mile from Rowan University, this up/down style duplex is an investors dream! The property includes a 3 bedroom, 2 bathroom first floor unit and 2 bedroom, 1 bathroom second floor unit. The first floor unit features spacious rooms, a large brick fireplace, and on-site laundry access in the basement. The second floor unit includes a private, outdoor entrance and an eat-in kitchen, The large, partially fenced-in backyard is conveniently divided in half for occupants of both units to enjoy. The backyard includes a deck off of the first floor unit and a concrete patio. Not only does each tenant have their own back yard space but they also each have their own driveway! A bonus kitchenette downstairs and multiple entrances could allow for an easy conversion to a third unit studio. The possibilities here are endless! Don't miss out on the chance to invest in an up-and-coming area and build wealth from a cash flowing property! Lower unit lease expires 5/31/2022 and the monthly rent is $1400. Upper unit lease expires 3/31/2022 and the monthly rent is $1000.
  1. Listed by Brian Belko • BHHS Fox & Roach-Washington-Gloucester
    P: (856)-905-8929 brian.belko@foxroach.com

Property Details for 408 Cornell Road

Tax ID Number
06-00133-00006
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Dwelling with Rental
Waterfront
No
Garage
No
Municipality
GLASSBORO BORO
LISTING CLOSED: 12/16/2021 12:00 AM

Property Details for 408 Cornell Road

StatusClosed
MLS #NJGL2003284
Days on Market101
Taxes$5,447 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1927
Lot Size0.37 AC / 15,987 SF
CountyGloucester County

Location

Listing Courtesy of BHHS Fox & Roach-Washington-Gloucester

Sold By Sage Realty Group LLC

Add your commute

Building Information for 408 Cornell Road

Stories-Residences2Year Built1927Building Size-Lot Size0.37 AC / 15,987 SF

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$1,700 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,246

Property Taxes

$454

HOA Dues

$0

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Property Information for 408 Cornell Road

Location
Location
  • School District Name: GLASSBORO PUBLIC SCHOOLS
  • School District County ID: 300200397475
  • SchoolDistrictSource: Listing Agent
  • County: GLOUCESTER
  • MLS Area: Glassboro Boro (20806)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $154,600
  • Year Assessed: 2021
  • Improvement Assessed Value: $91,200
  • Land Assessed Value: $63,400
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R2
  • Tax Lot: 00006
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Leased Count: 2
Financial Information
Financial Information
  • Annual Rental Income: $28,800
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,230.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1986868
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Electric Available
  • Heating: Yes
  • Cooling Type: Window Unit(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central, Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS
  • List Agent URL: www.BrianBelko.com

Property History for 408 Cornell Road

DateEvent & SourcePriceAppreciation
Dec 16, 2021

Closed

BRIGHT #NJGL2003284

$250,000
Dec 14, 2021

Closed (Public Record)

Public Record #1479333276

$250,000

+6.6% / yr

Nov 19, 2021

Pending

BRIGHT #NJGL2003284

DateEvent & SourcePrice
12/16/2021

Closed

BRIGHT #NJGL2003284

$250,000
12/14/2021

Closed (Public Record)

Public Record #1479333276

$250,000

+6.6% / yr

11/19/2021

Pending

BRIGHT #NJGL2003284

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 408 Cornell Road

Taxable ValueLand$63,400Additions$108,000Total$171,400
Tax Record2024$6,033 ($503 / month)
Home Facts
Beds0Total Finished SqFt2,230 SqFtAbove Grade Finished SqFt2,230 SqFtStories1Lot Size15,987 SqFtStyleSingle Family ResidenceYear Built1927ZoningR2CountyGLOUCESTERAPN06 00133-0000-00006

Schools near 408 Cornell Road

This home is within Glassboro Public School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 7 to 12
Private - K to 8
Rating
School
Distance
Dorothy L Bullock School
Public1 to 5

Thomas E. Bowe Elementary School
Public6 to 8

Glassboro High School
Public7 to 12

Ambassador Christian Academy
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Washington-Gloucester

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.