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$275,000   Price Analysis
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64 Grove Ave
Browns Mills, NJ 08015
4 bed None bath 1,264 SqFt ($217/SqFt)
9,997SqFt lot. Built 1969
Listed 2024-06-10, Taxes $5,984
USDA Eligible
near Browns Mills, NJ
 

Excellent investment property available located off Lakeshore Drive near Mirror Lake in Browns Mills.

Excellent potential for this top and bottom duplex with large, oversized garage for extra income. The lower level features a 3-bedrom apartment with washer/ dryer, eat-in kitchen, laundry room, dining and living room area, backyard area. The upstairs unit is a large 1-bedroom apartment with skylights, high ceilings, large living room area and eat-in kitchen.

Separate entrances for tenants with large yard and parking area, separate utilities, well and septic, upgraded electric/ HVAC. Large garage for storage for tenants, new owner or separate rental unit. Current rents are well below market value at $1200 for the 3 bedroom and 800 for the 1 bedroom. Property needs updating and with rental increases would make a exceptional investment property for new owner. Minimal expenses for new landlord and gr eat upside.


Presented by Dawn Varallo at
BHHS Fox & Roach Marlton-Voorhees Home Marketing Center.
Listing Agent Photo

Property MLS #NJBL2067182 from BrightMLS

Bedrooms: 4

Cooling Features: Central A/C
Heating Features: 90% Forced Air
Heating: Yes

Garage Spaces: 1
Parking Features: Attached Garage Spaces: 1, Driveway, Attached Garage
Parking Total: 1

Lot Size Acres: 0.2294995
Lot Size Square Feet: 9996

Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 3 Bedroom Units: 1

School District: PEMBERTON TOWNSHIP SCHOOLS

Little Lambs Preschool is a private elementary school located approximately 2.3 miles away.
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Harker Wylie Haines Elementary School is a public elementary school located approximately 2.5 miles away.
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Burlington Co JDC is a public high school located approximately 5 miles away.
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Helen A Fort Middle School is a public middle school located approximately 6.4 miles away.
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Annual Tax Amount: 5984.0
Source Listing Status: Active
County: BURLINGTON
Source Property Type: Multi-Family
Area: BURLINGTON
Source Neighborhood: BURLINGTON
Postal Code Plus 4: 3549
Township: PEMBERTON TWP
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$169,100 + $39,000
$208,100
$5,984
2022$169,100 + $39,000
$208,100
$5,539
2021$169,100 + $39,000
$208,100
$5,312
2020$169,100 + $39,000
$208,100
$5,113
2019$169,100 + $39,000
$208,100
$4,896
2018$169,100 + $39,000
$208,100
$4,730
2017$169,100 + $39,000
$208,100
$4,382
2016$90,200 + $16,900
$107,100
$3,753
2015$90,200 + $16,900
$107,100
$3,721
2014$90,200 + $16,900
$107,100
$3,546
2013$90,200 + $16,900
$107,100
$3,791
2012$90,200 + $16,900
$107,100
$3,501
2011$90,200 + $16,900
$107,100
$3,472
2009$90,200 + $16,900
$107,100
$3,504
2008$90,200 + $16,900
$107,100
$3,439
2007$90,200 + $16,900
$107,100
$3,402

Listed 2024-06-10
$275,000
BrightMLS
Sold 1985-01-01
$54,506
Public Record
Sold 1981-09-01
$47,533
Public Record
Sold 1979-07-01
$39,000
Public Record

Total Square Feet Living: 1264
Year Built: 1969
Construction Materials: Frame
Property Age: 55
Structure Type: Detached
Architectural Style: Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.