NOT LISTED FOR SALE

102 Stowneck Rd Salem, NJ 08079

Estimated Value: $287,000 - $361,000

77 Acres
$4,222 Price per Acre
3,365,010 Sq Ft Lot

Last Sold December 08, 2022

Last sale price $305,000

Est. 7% increase in value since last sale

Current estimated payment $1,883/month

122 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • No HOA
  • Creek or Stream
  • 77.25 Acre Lot

About This Lot

As of December 2022

This could be the property you've been waiting for, whether you're looking for land to build on, farm, hunt, or invest in, this listing covers it all. 77.25 acres (+/-) with approximately 30 acres tillable and 4,152ft (+/-) of road frontage, (according to the tax map) this property meets the requirements to subdivide and potentially build multiple homes. If it's your own personal paradise you're looking for this property could be perfect, build the home of your dreams with the affordable taxes of Lower Alloway's Creek Township while enjoying the sportsman's dream with some of the best all-around hunting in the area. Invest in the one thing that can no longer be made, Land! There is currently a home on the property that according to the owner is not salvageable, please do not enter the home!

Last Agent to Sell the Property

Neal Sheppard

Warner Real Estate & Auction Company Listed on: 07/04/2022

Last Buyer's Agent

Neal Sheppard

Warner Real Estate & Auction Company Listed on: 07/04/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,219

Lot Details

  • 77.25 Acre Lot
  • 1,000 Feet of Waterfront
  • Creek or Stream
  • Ground Rent expires in 1 year
  • Property is zoned AG

Utilities

  • Municipal Trash
  • On Site Septic

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 05-00053-00018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,219

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Hunting, Recreation
  • Automatically Close On Close Date: No
  • Remarks Public: This could be the property you've been waiting for, whether you're looking for land to build on, farm, hunt, or invest in, this listing covers it all. 77.25 acres (+/-) with approximately 30 acres tillable and 4,152ft (+/-) of road frontage, (according to the tax map) this property meets the requirements to subdivide and potentially build multiple homes. If it's your own personal paradise you're looking for this property could be perfect, build the home of your dreams with the affordable taxes of Lower Alloway's Creek Township while enjoying the sportsman's dream with some of the best all-around hunting in the area. Invest in the one thing that can no longer be made, Land! There is currently a home on the property that according to the owner is not salvageable, please do not enter the home!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.10
  • Street Number Modifier: 102

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LOWER ALLOWAYS CREEK TOWN SCHOOLS
  • School District Key: 300200396389
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 21400.00
  • Lot Size Acres: 77.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3365010.00
  • Perc Type: Unknown
  • Possible Use: Agriculture, Investment, Land/Lot Only, Livestock, Mixed Use, Recreational, Residential
  • Year Assessed: 2021
  • Zoning: AG
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 1
  • Lease In Effect: Yes
  • Vacation Rental: No

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Assessor Parcel Number: 2196388
  • Tax Annual Amount: 1218.99
  • Assessor Parcel Number: 05-00053-00018
  • Tax Lot: 00018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/08/2022

MLS Schools

  • School District Name: LOWER ALLOWAYS CREEK TOWN SCHOOLS

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $305,000 -12.9% --
11/03/2022 11/03/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $350,000 0.0% --
08/22/2022 08/22/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $350,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $789 $46,400 $25,000 $21,400
2023 $789 $46,400 $25,000 $21,400
2022 $753 $46,400 $25,000 $21,400
2021 $752 $46,400 $25,000 $21,400
2020 $701 $46,400 $25,000 $21,400
2019 $727 $46,400 $25,000 $21,400
2018 $766 $46,400 $25,000 $21,400
2017 $744 $46,400 $25,000 $21,400
2016 $719 $46,400 $25,000 $21,400
2015 $669 $46,400 $25,000 $21,400
2014 $638 $46,400 $25,000 $21,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2004648

Bright MLS

APN: 05-00053-0000-00018