11 days on rocket

Backup Offers

1016 W 3rd St, Florence, NJ, 08518

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
2,063 SqFt
$158/SqFt
Multi
Schools Nearby

Location

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1016 W 3rd St, Florence Township$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street, Driveway
Year Built1910
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #NJBL2063876
Lot Size0.08 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1016 W 3rd St

Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate—seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Living Area: 2,063 SqFt

Listing Office:

  • Office Name: Century 21 Veterans-Newtown
  • Office Phone: (267) 352-8000
  • Listing Agent: Melanie C Elliott

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Gas Range, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Florence Township Memorial High School, Public District Grades 9-12
  • Florence Riverfront School, Public District Grades 4-8

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Florence Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $3,534
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Florence Township, NJ.

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Florence Township, NJ

City

Med. Sold Price

$298.5K

Med. Price/SqFt

$200

Avg. Days On Market

22

# of Sold Homes

5

1016 W 3rd St vs Florence Township

11 DAYS ON ROCKET

-11 Days

$325,000

+$26.5K More

$158/SqFt

-$42 Less

KEY TAKEAWAY

This property is $26.5K more than the Median Sold Price and $42/SqFt less than other homes in Florence Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2063876

Listing Office:

  • Office Name: Century 21 Veterans-Newtown
  • Office Phone: (267) 352-8000
  • Listing Agent: Melanie C Elliott

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 6:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2005Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,534$137,100
2019$3,472$137,100
2018$3,473$137,100
2017$3,430$137,100

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6099670
5
/10

  • Florence Riverfront School

  • 500 FRONT ST

  • 0.36 miles

  • Public District Grades 4-8

High School

school-card-donut-6099671
6
/10

  • Florence Township Memorial High School

  • 1050 Cedar Ln

  • 1.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,250. The most common annual income of people living in Florence Township, NJ is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Burlington County›Florence Township›08518›1016 W 3rd St

This home is located at 1016 W 3rd St in Florence, NJ and zip code 08518 in the Florence neighborhood. This 2,063 square foot home, which was built in 1910, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $325,000.

While more than 2 listings in Florence Township, NJ in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between March 2024 and April 2024, Florence Township, NJ real estate market has seen increase in the number of listings by 14.3%. Listings spent 22 days on the market in April 2024, and had a median list price of $298,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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