1174 Stokes Road
1174 Stokes Road
Medford, NJ 08055
$487,777
Last Sold Price
4
Beds
2
Baths
1,708 Sq. Ft.
$286 / Sq. Ft.
1,708
Sq. Ft.
$286
per Sq. Ft.
Closed 5/17/23
Closed 5/17/23
Description
This is a multi-unit property - 2 homes for 1 price - a duplex with both sides (1174 and 1176 Stokes) being sold - such a RARE OPPORTUNITY to purchase both sides or "twins" as so many have been condo'd out and sold separately and both are now fully renovated! The renovations are now complete on the both units - 1174 Stokes and 1176 Stokes! Based on comparable rentals, each unit should rent for approx. $2,500 per month. The ROI is estimated at 11%/yr. This truly is a RARE OFFERING where both “twins”...This is a multi-unit property - 2 homes for 1 price - a duplex with both sides (1174 and 1176 Stokes) being sold - such a RARE OPPORTUNITY to purchase both sides or "twins" as so many have been condo'd out and sold separately and both are now fully renovated! The renovations are now complete on the both units - 1174 Stokes and 1176 Stokes! Based on comparable rentals, each unit should rent for approx. $2,500 per month. The ROI is estimated at 11%/yr. This truly is a RARE OFFERING where both “twins” are being sold and WOW this is exceptionally priced! The location is PRIME as it is centrally located in Medford across from Medford Lakes & a short walk to P. J. Whelihans and the shops on Trading Post Way. Nicely set back from the road & situated on a huge 1.24077 acre lot, the yard has been partially cleared, there is plenty of parking and it is Oh So Private! It is steps away to the Medford Pines beach / lake for swimming in the summer and skating in the winter and a trail to the right leads back to Sunset Trail & walking/biking path . This duplex was previously on the market when it was tenant occupied – both tenants have vacated and each unit is/has been entirely renovated top to bottom! The units are mirror images of each other. Each features a lovely freshly painted screened front porch, living room with stone wood-burning fireplace, brand new kitchen with solid wood cabinets and a full appliance package. New stacker washer/dryers are located in the hall closets. There are 2 bedrooms in each unit and both full baths have been fully renovated with new flooring, tubs and are freshly painted. Each boasts a lovely front porch freshly painted. The front door leads into the foyer of the living room – the hardwood floors throughout have just been refinished, the walls here are knotty pine, the ceiling is beamed and freshly painted and the focal point is the lovely stone wood-burning fireplace. A doorway off the living room leads to the rear of the home – brand new stacker washer and dryers have been installed in the hall closets – what great planning and oh so convenient! The full baths have been refreshed, painted and each boast a combination tub-shower. The kitchens are EXCEPTIONAL and boast all new abundant 42” slate gray cabinets, new appliances including stove, microwave, dishwasher & refrigerator. The counters are granite and there is an attractive shiplap backsplash. The flooring here is luxury vinyl plank. A door off the kitchen leads to a back porch and steps lead to the rear yard which extends all the way to Sunset Trail & Oh so Private! There are two nice size bedrooms in each – the floors are hardwood – just refinished, the walls are knotty pine and all four have nice size closets. So many of the "big ticket" items were completed in the past few years including conversion from oil (tanks were always in the basement and have been removed) to gas heat with a separate heater in each unit (at nearly $10,000 EACH installed by Medford Heating), the windows were replaced with tilt-in thermopane and the exterior was recently painted. There are So Many Options with this property-- What a GREAT opportunity for an Investor to rent both units - short term or long term, live in one side & rent out the other (short or long term) to help cover expenses! (Each have separate utilities – each has its own heater & electrical panel so the utilities may be transferred into the Tenant's names). The location is PRIME & because the home is on a 1.24077 acre lot, the home can be expanded as it runs all the way back to Sunset Trail. Serviced by public sewer through Medford Lakes, this home has well water & the well water certification is already completed. The Certificates of Continuing Occupancy have been issued (on both) & this home is ready for a discriminating Buyer to purchase. Hurry!
- Listed by Carol C Latti • BHHS Fox & Roach-MedfordP: 6094104200 carol.latti@foxroach.com
Property Details for 1174 Stokes Road
Tax ID Number
20-05011-00008 05
OwnershipFee Simple
Condo Coop AssociationNo
HOAYes
Structure TypeDetached
StyleRanch/Rambler
Levels/Stories1
WaterfrontNo
Location
Listing Courtesy of BHHS Fox & Roach-Medford
Sold By Keller Williams Realty - Marlton
Add your commute
LISTING UPDATED: 10/23/2023 08:48 PM
Property Details for 1174 Stokes Road
| Status | Closed |
|---|---|
| MLS # | NJBL2042900 |
| Days on Market | 19 |
| Taxes | $6,246 / year |
| HOA Fees | $658 / year |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Fee Simple |
| Year Built | 1955 |
| Lot Size | 1.24 AC / 54,045 SF |
| County | Burlington County |
Location
Listing Courtesy of BHHS Fox & Roach-Medford
Sold By Keller Williams Realty - Marlton
Add your commute
Building Information for 1174 Stokes Road
Stories1Year Built1955Building Size-Lot Size1.24 AC / 54,045 SF
Payment Calculator
$3,237 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,662
Property Taxes
$521
HOA Dues
$55
The Payment Calculator is for illustrative purposes only.
Property Information for 1174 Stokes Road
Location
Location
- School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS
- School District County ID: 300200396871
- SchoolDistrictSource: Listing Agent
- Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL (BURLINGTON NJ)
- MiddleSchoolSource: Listing Agent
- High School: SHAWNEE H.S. (BURLINGTON NJ)
- HighSchoolSource: Listing Agent
- County: BURLINGTON
- MLS Area: Medford Twp (20320)
Waterfront / Water Access
Waterfront / Water Access
- Water View: Yes
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- HOA Condo Coop Amenities: Beach, Lake
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2022
- Tax Assessed Value: $192,200
- Year Assessed: 2022
- Zoning: RES
- Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
- Pets Allowed: Yes
- Pet Restrictions: No Pet Restrictions
- Concessions: Yes
- Concessions Amount: $200
Rooms
Main
- # Bedrooms Count Main Level: 4
- # Bathrooms Count Main Level: 2
- # Bathrooms Full Main Level: 2
- # Bathrooms Half Main Level: 0
Rooms
- Stories: Main
Building Info
Building Info
- Total Finished SQFT: 1,708.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 1,708.00
- Total SQFT Source: Estimated
- Construction Materials: Frame
- Flooring Type: Hardwood
- Basement Type: Outside Entrance, Unfinished
- Foundation Details: Block
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2
- # Bathrooms Full: 2
- # Bathrooms Half: 0
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 23377709
Parking
Parking
- Type Of Parking: Driveway
- Parking Features: Circular Driveway
Interior Features
Interior Features
- Interior Features: Wood Floors
- Fireplace: Yes
- Fireplaces Count: 1
- Fireplace Features: Stone, Wood
- Accessibility Features: None
- Window Features: Double Hung, Double Pane, Energy Efficient
- Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit, Main Floor
Exterior Features
Exterior Features
- Spa: No
- Exterior Features: Exterior Lighting
- Pool: No Pool
- Horse: No
- Other Structures: Above Grade, Below Grade
Utilities
Utilities
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Well
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: NEXUS Association of Realtors
Property History for 1174 Stokes Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1174 Stokes Road
Taxable ValueLand$500Additions-Total$500
Tax Record2022$16 ($1 / month)
Home Facts
Beds0Lot Size79,279 SqFtStyleMiscellaneous Vacant LandZoningRGD1CountyBURLINGTONAPN20 05011-0000-00008- 02
Schools near 1174 Stokes Road
This home is within Lenape Regional High School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Cranberry Pines Elementary School PublicK to 5 | ||
Medford Township Memorial School Public7 to 8 | ||
Shawnee High School Public9 to 12 | ||
Seneca High School Public9 to 12 |
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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Listing Courtesy of BHHS Fox & Roach-Medford
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