5 months on rocket

500 S 8th St, Vineland, NJ, 08360

$235,000

Home List Price

$2,791*

Closing Credit

0 Baths
2,024 SqFt
$116/SqFt
Multi
Schools Nearby

Location

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500 S 8th St, Vineland$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1900
HeatingRadiant, Baseboard
CoolingNone
BasementYes
MLS #NJCB2015730
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 500 S 8th St

Your next investment opportunity just hit the market! Large duplex on a corner lot waiting to be brought back to life and maxed out for profit. Live in one apartment and rent the other, or rent both out to maximize income. Downstairs is a comfortably sized 3 bedroom unit with a large eat-in kitchen, large living room, and spacious bedrooms. Unit has access interior access to the basement for additional storage. Upstairs is a 1 bedroom unit with a large bedroom, eat-in kitchen, and a sizeable walk-up attic allowing for extra storage. 1st floor is rented for $1,200. 2nd floor is rented for $850, both tenants on a month-to-month basis. Plenty of space for parking on and off-street and incredibly LOW taxes! This property also qualifies for down payment assistance from the City of Vineland (subject to availability of funds at the time of applying) of up to $5,000 towards down payment and closing costs. Cash, conventional, or rehab loans only. Being sold in AS-IS condition. This property won't last long in this market! Schedule your showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 2,024 SqFt

Listing Office:

  • Office Name: RE/MAX Connection Realtors
  • Office Phone: (856) 415-1210
  • Listing Agent: Melanie Rios

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Veterans Memorial Middle School, Public District Grades 6-8
  • Thomas W. Wallace Jr. Middle School, Public District Grades 6-8
  • Anthony Rossi Middle School, Public District Grades 6-8
  • Gloria M. Sabater Elementary School, Public District Grades KG-5
  • John. H. Winslow Elementary School, Public District Grades KG-5
  • Dane Barse Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Vineland City

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $2,847
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Vineland, NJ.

Med. Sold Price

$266.5K

Med. Price/SqFt

$184

Avg. Days On Market

20

# of Sold Homes

29

500 S 8th St vs Vineland

150 DAYS ON ROCKET

+130 Days

$235,000

-$31.5K Less

$116/SqFt

-$68 Less

KEY TAKEAWAY

This property is $31.5K less than the Median Sold Price and $68/SqFt less than other homes in Vineland, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJCB2015730

Listing Office:

  • Office Name: RE/MAX Connection Realtors
  • Office Phone: (856) 415-1210
  • Listing Agent: Melanie Rios

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, 5:20:38 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

Jan 26, 2016Home Sold
$105,000
Apr 13, 2011Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,847$98,600
2019$2,771$98,600
2018$2,772$98,600
2017$2,633$98,600

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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.

Elementary School

school-card-donut-6066145
1
/10
  • Gloria M. Sabater Elementary School

  • 301 S East Blvd

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-6066146
2
/10
  • John. H. Winslow Elementary School

  • 1335 Magnolia Rd

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-6066147
3
/10
  • Dane Barse Elementary School

  • 240 S Orchard Rd

  • 1.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6066148
2
/10
  • Veterans Memorial Middle School

  • 424 S Main Rd

  • 0.92 miles

  • Public District Grades 6-8

school-card-donut-6066149
2
/10
  • Thomas W. Wallace Jr. Middle School

  • 688 N Mill Rd

  • 2.61 miles

  • Public District Grades 6-8

school-card-donut-6066150
6
/10
  • Anthony Rossi Middle School

  • 2572 Palermo Ave

  • 3.09 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,424. Most Vineland, NJ residents have annual incomes less than $35k. 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 HomesNew JerseyCumberland CountyVineland08360500 S 8th St

This home is located at 500 S 8th St in Vineland, NJ and zip code 08360. This 2,024 square foot home, which was built in 1900, sits on a 0.17 acre lot. It has been listed on Rocket Homes since December 06, 2023 and is currently priced at $235,000.

In April 2024, from all listings sold in Vineland, NJ there were more than 13 sold above asking price, over 9 sold below and more than 5 were sold right at the asked price. The number of listings in Vineland, NJ increased by 3.2% between March 2024 and April 2024. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $266,500.

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

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