tomo logo

$379,900

Beds
5
Baths
2.0
sq ft
1,795

321 Swarthmore Rd, Glassboro, NJ 08028

321 Swarthmore Rd

GLASSBORO, NJ 08028

  • 5 days on market
Capitalize on a Unique Investment Opportunity with this Property located near Rowan University Positioned Attract a Steady Stream of Tenants, Including Students,Faculty and University Staff, this Property Promises Consistent Rental Income and Excellent Growth Potential! The Property is being Offered in “As Is Condition" with Buyer Obtaining the CO and Fire Code Letter from the Municipality and all Certifications and Inspections Required to Close. Currently Rented to Rowan Students until May 31, 2025. Monthly Income with Current Lease is 3,000 a Month. FOYER Features Newer Vinyl Flooring and Large Coat Closet. LIVING ROOM/DINING ROOM (21’x16') Featuring Newer W/W Carpeting, Brick Wood Burning Fireplace and Newer Windows. NEWER EAT IN KITCHEN Features Newer White Cabinets, Vinyl Plank Flooring, Samsung Stainless Steel Electric Range, GE Stainless Steel Microwave, Granite Counter Tops, Under Mounted Stainless Steel Sink, Faucet, Frigidaire Stainless Steel Dishwasher, Track Lighting , Chandelier, Disposal and Double Hung Tilt in Windows. NEWER REMODELED FULL BATH FIRST FLOOR Featuring Newer Vinyl Plank Flooring, Stall Shower, Toilet, Vanity and Mirror and Lighting Fixture. PRIMARY BEDROOM Featuring Newer W/W Carpeting, Lighting Fixture, Windows and Newer Ceiling Fan w/Light. 2nd BEDROOM Features Wall-to-Wall Carpeting, Newer Lighting Fixture and Large Closet. 3rd BEDROOM Features Large Closet,Newer W/W Carpeting , Newer Lighting Fixture and Newer Windows. 4TH BEDROOM Features, Newer Vinyl Plank Flooring, Newer Lighting Fixture and Large Walk-In Closet. 5TH BEDROOM Features Large Closet, Newer W/W Carpeting, Newer Windows, Newer Lighting Fixture. NEWER REMODELED FULL BATH Features Newer Vinyl Plank Flooring, Newer Tub/Shower, Linen Closet, Newer Vanity, Newer Toilet, Ceramic Tile Half Wall and Newer Medicine Cabinet. ADDITIONAL INCLUSIONS AND UPGRADES 2 Car Detached Garage, 6 Car Driveway Parking. Additional Covered Area behind Garage, Newer W/W Carpeting on Stairs and Hallway, Newer Front Door, Newer Storm Door, Newer Roof (Approx. 12-15 Years Old), Wall Units, Newer Gas Hot Water Heater, New 200 Amp Electrical Panel, Enclosed Pool House (Owner Uses) As is Condition, Newer Vinyl Siding, Back Concrete Patio and Full Basement. See Attached Inclusion List. Wont’ Last at this Price!

Details

Property type

Single Family Residence

Est. home value

$307,755

Lot size

7,754 sq ft

Price per sq ft

$212

Year built

1925

Annual property taxes

$6,151

HOA

No

Price History

06/29/2024

Bright #NJGL2044498

Listed
$379,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GLASSBORO PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$291,538
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$57,970
Cash to seller
$291,538

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Unity Mortgage

Loan start date

January 2003

Original loan amount

$120,016

Est. remaining balance

$57,970

Interest rate

6.04%

Loan type

Not Provided, 30 year

Seller

Kim Harrison and Wilbur Calloway

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: Active

Tomo last checked: 07/04/2024 at 3:20 PM

Listing updated: 06/29/2024 at 10:43 PM

Listed by: Andrea Schoelkopf, Century 21 Rauh & Johns Phone #: (856) 582-0366

MLS: Bright #NJGL2044498

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