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$338,000

  • Sold
  • Closed
  • Duplex
See This Home
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Welcome to 48 W. Atlantic Ave, Audubon, NJ, a charming duplex situated in the heart of the town. This property boasts exceptionally low property taxes of just $3,707 annually, making it a standout investment opportunity. Located right off Merchant St, this duplex offers unparalleled convenience with ample parking available in the public lot adjacent to the home. Both units are currently occupied, generating a strong cash flow of $2,400 per month, ensuring a steady and reliable income stream. Each unit features one bedroom and one bathroom, with the first-floor unit having undergone renovations three years ago, including new cabinets, an updated bathroom, and new flooring throughout. The property's prime location allows residents to enjoy the small-town feel while being within walking distance of local shops, restaurants, and community amenities. With its modern updates, stable income, and incredibly low taxes, this duplex is an ideal investment for expanding your portfolio. Both units are currently rented. The lower unit lease is until September 2026. The second-floor lease is until June 30, 2025. The owner is honoring the lease agreements in place.

Full Property Details for 48 W Atlantic Ave

General

  • Sold For: $338,000
  • Taxes: $3,183 (2016)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSPhilly
  • MLS ID: NJCD2073542
  • Added to Site: 160 day(s) ago

Interior

  • Appliances: Built-In Range, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring: Wood, Fully Carpeted

Exterior

  • Exterior Features: Sidewalks

Parking

  • Total Spaces: 4
  • Parking Features: Public
  • Parking Type: On Street, Parking Lot

Location

  • Area: Audubon Boro (20401)
  • Municipality: AUDUBON BORO
  • County: Camden
  • Cross Streets: W Merchant
  • Driving Directions: Put it into your GPS

School Information

  • School District: Audubon Public Schools

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Interior Row/Townhouse
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation: Block
  • Stories/Levels: 0
  • Sq. Ft. Source: Assessor
  • Year Built: 1955
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2
  • 1 Bedroom Units: 2

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 995
  • Lot Size Source: Estimated
  • Lot Dimensions: 16.58 x 60.00
  • Zoning: RES

Financial Considerations

  • Assessment Year: 2023
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $95,000
  • Tax Amount: $3,183
  • Tax Year: 2016
  • Terms: Standard Sale
  • Owner Pays: Water, Sewer
  • Landlord Pays: Water, Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants items.
  • Inclusions: All Fixtures
  • Lot Number: 00005 05

Listed by Compass New Jersey, LLC - Haddon Township, Suzanne Hoover
Sold by Keller Williams Realty - Marlton, Jenna Lynn Whitney

Listing agent

— 48 W Atlantic Ave —

  • Suzanne Hoover

    Compass New Jersey, LLC - Haddon Township

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 48 W Atlantic Ave

School District:Audubon Public Schools
RatingNameGradesDistance
NR
Haviland Avenue School
240 S Haviland Ave, Audubon, NJ 08106
PK-20.4 mi
7
Mansion Avenue School
300 Mansion Ave, Audubon, NJ 08106
3-60.4 mi
6
Audubon Jr-Sr High School
350 Edgewood Ave, Audubon, NJ 08106
7-120.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 48 W Atlantic Ave

Date
Details
Price
Change
Source
9/18/2024
Sold
$338,000
0.9%
MLS
8/08/2024
Listed
$334,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass New Jersey, LLC - Haddon Township, Suzanne Hoover
Sold by Keller Williams Realty - Marlton, Jenna Lynn Whitney

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48 W Atlantic Avenue, Audubon, NJ 08106 (MLS# NJCD2073542) is a Duplex property that was sold at $338,000 on September 18, 2024. Want to learn more about 48 W Atlantic Avenue? Do you have questions about finding other Duplex real estate for sale in Audubon? You can browse all Audubon real estate or contact a Coldwell Banker agent to request more information.

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