6 East Avenue

Quinton, NJ 08072

$315,000
Last Sold Price
Beds
2,000 Sq. Ft.
$158 / Sq. Ft.
2,000
Sq. Ft.
$158
per Sq. Ft.

Description

5 Unit income producing/investment property! 2 separate buildings on the same block and lot conveniently located on the corner of Rt 49 and East Ave. in desirable Quinton Township with public sewer. Buildings consist of, 1-3 bedroom unit, 2-2 bedroom units, 1-1 bedroom unit, and 1 unfinished unit with potential for either residential or commercial use (pending township approval). Each unit has it's own laundry connection. 3 units are currently occupied by long term residents, with one of them being...5 Unit income producing/investment property! 2 separate buildings on the same block and lot conveniently located on the corner of Rt 49 and East Ave. in desirable Quinton Township with public sewer. Buildings consist of, 1-3 bedroom unit, 2-2 bedroom units, 1-1 bedroom unit, and 1 unfinished unit with potential for either residential or commercial use (pending township approval). Each unit has it's own laundry connection. 3 units are currently occupied by long term residents, with one of them being grounds keeper/maintenance man. Excluding the unfinished unit, all units are well maintained and producing rental income. Property has met all township required inspections and requirements. The unfinished unit was in the process of being constructed as a residential unit with the capability of housing another 1 bedroom unit. This property has the potential to produce a greater income than currently being collected. Schedule your showing today and let this property start working for you!
  1. Listed by Neal C Sheppard • Warner Real Estate & Auction Company
    P: 8567694111 neal@warnerrealtors.com

Property Details for 6 East Avenue

Tax ID Number
12-00025-00001
Ownership
Fee Simple
HOA
No
Structure Type
Other
Style
Dwelling with Rental
Waterfront
No
Garage
No
Municipality
QUINTON TWP

Location

Listing Courtesy of Warner Real Estate & Auction Company

Sold By Home and Heart Realty

Add your commute
LISTING UPDATED: 08/14/2022 11:27 AM

Property Details for 6 East Avenue

StatusClosed
MLS #NJSA2000354
Days on Market373
Taxes$9,217 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.15 AC / 6,750 SF
CountySalem County

Location

Listing Courtesy of Warner Real Estate & Auction Company

Sold By Home and Heart Realty

Add your commute

Building Information for 6 East Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$2,487 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$768

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6 East Avenue

Location
Location
  • School District Name: QUINTON TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396390
  • SchoolDistrictSource: Listing Agent
  • County: SALEM
  • MLS Area: Quinton Twp (21712)
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
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $291,500
  • Year Assessed: 2021
  • Improvement Assessed Value: $276,700
  • Land Assessed Value: $14,800
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: VR
  • Zoning Dscrp: Village Residential
  • Tax Lot: 00001
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Snow Removal, Taxes - Real Estate, Water, Lawn/Shrub Care
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 5
  • Units Leased Count: 5
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 4
Multi Family
Unit 1
  • Type: Unit 5
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Lease Type: None
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
  • Unit Type Features: Unfinished, commercial or residential potential
  • Total Rooms: 0
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
  • Operating Expense Includes: Insurance, Snow Removal
  • Electric Avg Month: $25
  • Electric Prev 12 Months: $300
Financial Information
  • Annual Rental Income: $41,700
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x 135.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2214019
  • Ground Rent Exists: Yes
Parking
Parking
  • Type Of Parking: On Street
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: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Oil, Electric
  • Hot Water: Electric
  • Water Source: Private
  • Sewer Septic: Public Sewer

Property History for 6 East Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6 East Avenue

Taxable ValueLand$14,800Additions$276,700Total$291,500
Tax Record2021$9,215 ($768 / month)
Home Facts
Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories2Lot Size6,752 SqFtStyleMiscellaneous CommercialYear Built1920CountySALEMAPN12 00025-0000-00001

Schools near 6 East Avenue

This home is within Quinton Township Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Quinton Township Elementary School
PublicPK 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.

Similar Homes

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Listing Courtesy of Warner Real Estate & Auction Company

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.