41 North Main Street

Medford, NJ 08055

$405,000
Last Sold Price
Beds
2,740 Sq. Ft.
$148 / Sq. Ft.
2,740
Sq. Ft.
$148
per Sq. Ft.

Description

Welcome to Main Street USA_Downtowntown Medford You will find this Victorian 4 Apartment residential complex for sale. Location,Location is the reason that this Historic property is always rented. The large private parking lot is a great asset. omeof the amenities: hardwood floors,upgraded kitchens, baths and large rooms are very appealing to the tenants. Downtown activities include Oktoberfest, Halloween Parade, Dickens Festival and many more. The Restaurants Brewery,many retail shops on Main street...Welcome to Main Street USA_Downtowntown Medford You will find this Victorian 4 Apartment residential complex for sale. Location,Location is the reason that this Historic property is always rented. The large private parking lot is a great asset. omeof the amenities: hardwood floors,upgraded kitchens, baths and large rooms are very appealing to the tenants. Downtown activities include Oktoberfest, Halloween Parade, Dickens Festival and many more. The Restaurants Brewery,many retail shops on Main street are conducive for a good walk,Jog or Bicycle ride. .
  1. Listed by Michael J Maher • Century 21 Alliance-Medford
    P: 6094401484 mjmaher3@comcast.net

Property Details for 41 North Main Street

Tax ID Number
20-01401 01-00002
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Victorian
Waterfront
No
Views
City, Water, Street
Garage
No

Location

Listing Courtesy of Century 21 Alliance-Medford

Sold By HomeSmart First Advantage Realty

Add your commute
LISTING UPDATED: 05/13/2020 10:39 PM

Property Details for 41 North Main Street

StatusClosed
MLS #NJBL351766
Days on Market99
Taxes$9,856 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1860
Lot Size0.42 AC / 18,295 SF
CountyBurlington County

Location

Listing Courtesy of Century 21 Alliance-Medford

Sold By HomeSmart First Advantage Realty

Add your commute

Building Information for 41 North Main Street

Stories-Residences4Year Built1860Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$3,032 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,210

Property Taxes

$821

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41 North Main Street

Location
Location
  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396871
  • SchoolDistrictSource: Listing Agent
  • Elementary School: MILTON H. ALLEN E.S. (BURLINGTON NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: MEDFORD TWP 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
  • Elevator Use Fee: $0
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2019
  • Tax Assessed Value: $311,000
  • Year Assessed: 2019
  • Improvement Assessed Value: $169,200
  • Land Assessed Value: $141,800
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Historic: No
  • Zoning: HVC
  • Zoning Dscrp: commercial
  • Tax Lot: 00002
  • Tax Page Number: 628
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Owner Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Pest Control, Sewer, Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water, Repairs
  • Concessions: Yes
  • Concessions Amount: $8,100
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 4
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $16,850
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Maintenance Expense: $400
  • Water Avg Month: $75
  • Water Prev 12 Months: $900
  • Heating Oil Avg Month: $0
  • Heating Oil Prev 12 Months: $0
  • Electric Avg Month: $71
  • Electric Prev 12 Months: $850
  • Gas Avg Month: $242
  • Gas Prev 12 Months: $2,900
Financial Information
  • Gross Income: $45,600
  • Gross Scheduled Income: $45,600
  • Net Operating Income: $45,600
  • Annual Rental Income: $45,600
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.75
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
  • Total Finished SQFT: 2,740.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,740.00
  • Total SQFT: 2,740.00
  • Total SQFT Source: Assessor
  • Elevators Count: 0
  • Construction Materials: Frame
  • Roof: Pitched, Shingle
  • Wall and Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Flooring Type: Hardwood, Partially Carpeted, Tile/Brick
  • Basement Type: Full, Interior Access, Poured Concrete, Unfinished, Combination
  • Foundation Details: Stone
  • Other Structure: None
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Additional Lot(s)
  • Soil Types: Mixed
  • Road Surface Type: Black Top
  • Road Responsibility: Boro/Township, State
  • Location Type: Downtown
  • Parcel ID: 1673132
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Total Non-Garage Parking Spaces: 6
  • Parking Features: Gravel Driveway, Lighted Parking, Parking Fee, Private
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Built-Ins, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Country, Master Bath(s), Tub Shower, Wood Floors
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Built-In Range, Cooktop, Dryer, Oven - Single, Oven - Wall, Refrigerator, Washer, Water Heater
  • Accessibility Features: Doors - Swing In, Accessible Switches/Outlets, 48"+ Halls
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Door Features: Six Panel
  • Window Features: Casement, Double Hung, Green House
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Exterior Lighting, Flood Lights
  • Outdoor Living Structures: Porch(es), Wrap Around, Enclosed
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Above Ground, Cable TV, Electric Available, Natural Gas Available, Propane, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 110 Volts

Property History for 41 North 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 41 North Main Street

Taxable ValueLand$141,800Additions$169,200Total$311,000
Tax Record2022$10,108 ($842 / month)
Home Facts
Total Finished SqFt2,740 SqFtAbove Grade Finished SqFt2,740 SqFtStories2Lot Size18,295 SqFtStyleMiscellaneous CommercialYear Built1860ZoningHVCCountyBURLINGTONAPN20 01401- 01-00002

Schools near 41 North Main Street

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
Milton H. Allen Elementary School
PublicK to 5

Medford Township Memorial School
Public7 to 8

Lenape High School
Public9 to 12

Shawnee 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.

Similar Homes

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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 Century 21 Alliance-Medford

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.