See Home Value
Gloucester City 08030
514 MIDDLESEX STREET
$249,000
● House - Off Market

514 MIDDLESEX STREET

GLOUCESTER CITY, NJ 08030
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$1,619
Est. Monthly
8.94%
Cap Rate

About This Property

Gloucester City Duplex available at a great price! 2 beds, 1 bath downstairs, 1 bedroom, 1 bath upstairs. The upstairs is currently rented under market value for 975.00 per month. The downstairs was recently vacated. Market rent for downstairs is 1650.00. Market Rent for upstairs is 1200.00. This would give you a NOI of about 29,000 per year, a great CAP rate! Or, live in the bottom floor while your upstairs tenant pays most of your mortgage! This home features a covered front porch and fenced in backyard. Each unit has a nicely sized kitchen and bathroom.
Unit Size
1,712 Ft²
Days on Market
13 days
Land Size
0.05 acres
Price per sqft
$145
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #NJCD2089944)

Price History

Date / Event Date Event Price
May 26, 2025 Sold
Sold
Apr 21, 2025 Listed by Exit Realty Defined $249,000
Listed by Exit Realty Defined
Nov 7, 2021 No longer available -
No longer available
Oct 9, 2021 Listed by Harvest Realty $165,000
Listed by Harvest Realty
Attention investors or owner occupant, 2 unit end unit. 1st floor unit offers 2 bedrooms, kitchen, dining room, living room, sun room and fully fenced in back yard. Downstair unit is fully rent for 950 a month. The upstairs unit is currently vacant with a renter coming in for a month to month lease on October 15th. for $775.00 a month. This offers a kitchen living room and bedroom with plenty of storage. The basement is assessable from the outside and can be an additional rent income for storage. The Roof is only 9 years old, each unit has separate utilities, Water heaters are 3 and 5 years old. Hot water heat with separated furnaces. The units are fully registered and has up to date and inspections with hard wired smoke detectors. The manager has listed the unit size as 1536 square feet.

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 32
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Gloucester City School District
  • Census Tract: 611000

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: 00291600
  • District: 14
  • Parcel: 14 00177-0000-00008
  • Block: 177
  • Lot: 8
  • Municipality: GLOUCESTER CITY
  • Latitude: 39.8983
  • Longitude: -75.1189

    Address

  • Full Address: 514 Middlesex St
  • Address - House Number: 514
  • Address - Street Name: Middlesex
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Gloucester City
  • Carrier Code: C004
  • 4-Digit Zip Code: 1132
  • Zip Code: 08030

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,879

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 214,433
  • High Value: 269,703
  • Low Value: 159,163

    Market Valuation

  • Market Total Value: $94,700
  • Market Land Value: $16,200
  • Market Improvement Value: $78,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,700
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $78,500

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22859
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Contract Date: Jun 10, 2005
  • Previous Sale Amount: $119,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester City


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Frequently Asked Questions

When was property at 514 Middlesex Street built and last sold?
The property at 514 Middlesex Street was built in 1900 and last sold on Jan 4, 2022 for $165,000.
How much is this home worth?
The estimated value of the home located at 514 Middlesex Street is $253,563.
What are some comparable homes to 514 Middlesex Street?
There are currently no comparable homes to 514 Middlesex Street.