109 East Main Street

Maple Shade, NJ 08052

$559,900
Last Sold Price
Beds
3,000 Sq. Ft.
$187 / Sq. Ft.
3,000
Sq. Ft.
$187
per Sq. Ft.

Description

Property is back on the market and available to be shown. To accommodate the tenants, showings will be restricted to specific open house windows. Excellent investment opportunity awaits! SOLD IN "AS IS" CONDITION, but property is in good shape. This well-kept, 4 unit, 2 story apartment building in the heart of Maple Shade presents a wonderful chance for you to use a real estate asset to grow your wealth! This central location, is convenient to major highways and public transportation, shops & restaurants...Property is back on the market and available to be shown. To accommodate the tenants, showings will be restricted to specific open house windows. Excellent investment opportunity awaits! SOLD IN "AS IS" CONDITION, but property is in good shape. This well-kept, 4 unit, 2 story apartment building in the heart of Maple Shade presents a wonderful chance for you to use a real estate asset to grow your wealth! This central location, is convenient to major highways and public transportation, shops & restaurants on Main Street, making it very desirable for Tenants. Tenants will love to call this place their home, because it is well maintained, neat and clean and makes a great presentation as you approach. All 4 units are currently tenant occupied and the building has a solid rental history. There's a keyed, common side entry to a wide hallway & staircase, for the tenants with 4 total, sunlit apartments, 2 on each floor, all of which consist of a Living Room, Kitchen with eating area, Bedroom, Bathroom & stacked washer/dryer. Property also has a full basement Each unit has hardwood flooring, nicely updated Kitchens and tiled Bathrooms and separately metered utilities. Current owner pays water/gas and the tenants are responsible for the electric. Each unit has a window unit air conditioner. There's a detached garage in back for additional rental income if you choose, or use it for your own personal storage. The private rear parking lot offers one off-street space for each tenant. On-Street parking is also available and easy to find. Rents for the Units are as follows: all are month to month leases One Unit at $1,200/mo; One Unit at $1,100.00/mo; One Unit at $1,000.00/mo; and One Unit at $950.00/mo. (The Tenant at $950/mo gets a slightly reduced rent price because they help the owner with the Building.) A great combination of location, condition, return on investment.
  1. Listed by Eleanor A. McKenna • EXP Realty, LLC
    P: 8569830704 eleanormckenna@patmckennarealtors.com

Property Details for 109 East Main Street

Tax ID Number
19-00057-00020 01
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
Yes
Municipality
MAPLE SHADE TWP
Total Parking Spaces
2

Location

Listing Courtesy of EXP Realty, LLC

Sold By RE/MAX Of Cherry Hill

Add your commute
LISTING UPDATED: 04/04/2023 01:10 PM

Property Details for 109 East Main Street

StatusClosed
MLS #NJBL2020478
Days on Market102
Taxes$7,958 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1932
Lot Size0.13 AC / 5,625 SF
CountyBurlington County

Location

Listing Courtesy of EXP Realty, LLC

Sold By RE/MAX Of Cherry Hill

Add your commute

Building Information for 109 East Main Street

Stories-Residences4Year Built1932Building Size-Lot Size0.13 AC / 5,625 SF

Payment Calculator

$3,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,056

Property Taxes

$663

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 109 East Main Street

Location
Location
  • School District Name: MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396959
  • SchoolDistrictSource: Listing Agent
  • High School: MAPLE SHADE H.S. (BURLINGTON NJ)
  • HighSchoolSource: Listing Agent
  • County: BURLINGTON
  • MLS Area: Maple Shade Twp (20319)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $220,800
  • Year Assessed: 2021
  • Improvement Assessed Value: $186,800
  • Land Assessed Value: $34,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RES
  • Tax Lot: 00020 01
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Heat, Water, Sewer, Insurance
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 37.50 x 150.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1667423
Parking
Parking
  • Type Of Parking: Detached Garage, Off Street, Parking Lot
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Front Entry, Additional Storage Area
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Hot Water, Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Broadband, Cable
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 109 East Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 109 East Main Street

Taxable ValueLand$34,000Additions$186,800Total$220,800
Tax Record2022$8,013 ($668 / month)
Home Facts
Beds0Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories2Lot Size5,624 SqFtStyleSingle Family ResidenceYear Built1932CountyBURLINGTONAPN19 00057-0000-00020- 01

Schools near 109 East Main Street

This home is within Maple Shade School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 12
Public - 2 to 4
Public - 5 to 6
Rating
School
Distance
Howard R Yocum School
PublicPK to 1

Maple Shade High School
PublicPK to 12

Maude M. Wilkins Elementary School
Public2 to 4

Ralph J Steinhauer Elementary School
Public5 to 6

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.