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Address
125 Earl Avenue Glassboro, NJ
Price
$ 600,000
Property Attributes
  • MLS#NJGL256376
  • TypeContingent
  • CountyGLOUCESTER
  • CityGlassboro
  • AreaGlassboro Boro
  • Zip08028
  • StyleColonial,Traditional,Side-by-Side
  • Year Built2008
  • Taxes14484
  • Price$ 600,000
  • Bedrooms12
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.13 Acres
Listing Provided Courtesy Of:
Vanguard Realty Group Inc
Data Source:
Bright MLS
Property Description

*Investor & Developer Alert** Rent averages approx $1450/per month per unit (under market value -you can freshen up these units and charge more!) This is a 13-year young Quad project split into two buildings. Each Building features two mirror image, 2-story townhomes. TENANTS PAY ALL UTILITIES. Owner's basic expenses are taxes, insurance and grounds maintenance. Great investment package for novice or expert Real Estate Investor. Located approx 2 miles & 4 minute drive to Rowan University/Rowan Blvd; Rts 47, 322 & 55 and the newer Glassboro Town Square development. Close to all major shopping centers. Couple it with the seller's property at 123 Earl to provide a 9 (potentially 10) unit private development. These units boast 3 bedrooms, a large living room, dining room, L-shaped kitchen, 1st floor 1/2 bath and 1st fl laundry closet. Upstairs you'll find 3 bedrooms and a generously-sized full bath. Units have central a/c, gas heat, patio doors from dining room to rear yard and paved off-street parking. Tenants pay all utilities. The lot is 1.13 acres, and is NOT FULLY DEVELOPED! Owner says THERE IS ROOM TO ADD ANOTHER DUPLEX or TWO AT THE REAR OF THE PROPERTY - but must apply for a variance & provide site plan to township. Glassboro is experiencing a renaissance with new development everywhere! Retail outlets, new nearby $356-million dollar Inspira Hospital completed 12/19 - adjacent to Rowan's West Campus and Tech Campus; a new multi-million dollar True North church (opened 3/20) recently built Tech & Medical Campuses at Rowan, New Fine Dining & Casual Eateries and MicroBreweries. Private property - Do NOT PULL INTO DRIVEWAYS ONTO THE PROPERTY. DO NOT DISTURB TENANTS! (Buyers must perform their own due diligence with township regarding obtaining variances for additional units). 2OF 4 leases have rolled over to m-to-m. Leases APPEAR TO BE under market value for newer 3 bed 1.5 bath UNITS in Glassboro. Strictly AS-IS Sale. Owner will update his landlord registrations and c.o's. . New owner will need to register as landlord as well. Buyer or buyer's rep to order, pay for all inspections, certifications and other township or lender requirements pre- and post-closing. Glassboro does a "Transfer of title" on AS-IS sales,. All units are set up just as shown in unit 3 photos within the listing.

Price History
3/2/2021 Listed $600,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Architectural Style Colonial, Traditional, Side-by-Side
Construction Materials Vinyl Siding
Cool Fuel Electric
Cooling Central A/C
County GLOUCESTER
Days on Market 391
Electric 100 Amp Service
Exclusions Tenant's personalty
Garage Y/N No
Heating Forced Air
High School District GLASSBORO PUBLIC SCHOOLS
Interior Features Floor Plan - Traditional
MLS Area Glassboro Boro (20806)
Municipality GLASSBORO BORO
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 3
Ownership Fee Simple
Parking Features Paved Parking
Possession Immediate
Price Per Sq Ft 129.31
Property SubType Quadruplex
Property Type Multi-Family
PropertyCondition Good
Rent Control Y/N No
Roof Architectural Shingle
Sewer Public Sewer
Structure Type Twin/Semi-Detached
Tax Annual Amount 14484.0
Tax Lot 00028
Tax Year 2020
Total Rooms 12
Total Units 4
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning R5

Interior Features

Basement Y/N No
Central Air Y/N Yes
Fireplace Y/N No
Furnished Units None
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 4640
Three Bedroom Units Count 4

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Features Backs to Trees, Level, No Thru Street, Partly Wooded
Lot Size Acres 1.13
Lot Size Source Assessor
Lot Size Square Feet 49223.00
Navigable Water Y/N No
Off Street - # Of Spaces 12
Pool Y/N No Pool
Road Surface Type Black Top
Spa No
Total Parking Spaces 12
Type of Parking Off Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08028

Price
AVG $160K
$600K
Taxes
AVG $7,072
$14,484
Visits
AVG 100
72
Year Built
AVG 1970
2008
Walkscore
AVG 33
12
Data Provided by Walkscore ® not using MLS data

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