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$164,497Estimated home value

Beds
Unknown
Baths
1.0
sq ft
2,000

112 N 8th St, Vineland, NJ 08360

112 N 8th St

VINELAND, NJ 08360

  • Sold On 7/31/2024
    • Price drop $5,000↓
Attention Investors! This prime property presents an exciting chance to convert a former commercial building into a lucrative residential opportunity. Zoned for Residential (R), this property holds immense potential for rental income or flipping. With the possibility of transforming it into a spacious 3-bedroom, 2-bathroom dwelling, the options are endless. This property is ideally situated for residential purposes. However, conversion may necessitate obtaining variances for bulk regulations. Situated directly on the property line on the southern and western sides, this building offers an advantageous layout. Could still be used for a commercial or professional office use. For further information and inquiries, interested parties are encouraged to reach out to the City of Vineland Zoning Office. Don't miss out on this promising investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$164,497

Lot size

6,752 sq ft

Price per sq ft

$73

Year built

1973

Annual property taxes

$4,143

HOA

No

Price History

07/26/2024
Bright

Bright #NJCB2017540

Sold
$130,000
-10.34%
06/27/2024
Bright

Bright #NJCB2017540

Pending
$145,000
06/06/2024
Bright

Bright #NJCB2017540

Price change
$145,000
-3.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CITY OF VINELAND BOARD OF EDUCATION

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Minotola National Bank

Loan start date

May 2002

Original loan amount

$56,000

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

Commercial

Seller

Morton Fern None

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 09/28/2024 at 2:45 PM

Listing updated: 07/31/2024 at 2:47 PM

Listed by: Gregory Charles Hennis Jr., Coldwell Banker Excel Realty Phone #: (856) 696-1111

MLS: Bright #NJCB2017540

Bright logo

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