$315,000
$295,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
1202 NEW PEACH ST Vineland, NJ 08360
1,595 SqFt
Key Details
Sold Price $315,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,595 sqft
Price per Sqft $197
MLS Listing ID NJCB2019018
Style Side-by-Side
Year Built 1920
Annual Tax Amount $4,526
Tax Year 2023
Lot Size 0.637 Acres
Property Description
Calling first-time homebuyers and investors! Considering a duplex can be a smart move since it offers the benefits of homeownership with the added potential of rental income to help pay the mortgage. This alone, makes duplexes a hot new home type to consider. One of the most alluring aspects of this duplex is its dual-unit setup. Essentially, you get two properties under one roof, providing flexibility in how you choose to use the space. Whether you decide to rent out both units or live in one and rent the other, the financial advantages are significant. Vineland, known for its wonderful, giving people, prides itself on maintaining a small-town character while embracing progress and growth. The friendly business environment and cost of living well below the state average make Vineland an attractive place to call home. Unlike many properties, this duplex does not come with HOA fees, making it more affordable to maintain. Each unit can be rented out, potentially offering a more appealing option to renters compared to traditional apartments. Additionally, the maintenance costs can be lower than managing two individual rental units, adding to the financial benefits. Each side offers 2 bedrooms, a full bath and basement w/laundry and separate meters for water and electric. Situated on the Maurice River, just 33 miles south of Philadelphia and 38 miles from the Atlantic Ocean, Vineland boasts a unique location with easy access to major cities and natural beauty. Don't miss out on this fantastic opportunity to own a duplex in Vineland, rich in history, including being the birthplace of Welch's Grape Juice and home to the largest farmer's cooperative on the East Coast. Experience the best of both worlds with suburban tranquility and a vibrant community.
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning 02
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Exterior
Garage Spaces 4.0
Water Access N
Building
Foundation Concrete Perimeter
Sewer On Site Septic
Water Public
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Acceptable Financing FHA, Conventional, Cash, VA
Listing Terms FHA, Conventional, Cash, VA
Special Listing Condition Standard
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Bought with Jacqueline Acevedo • Weichert Realtors-Haddonfield