$143,000
SOLD MAR 17, 2022

108 E Main St Alloway, NJ 08001

3 Beds
1 Bath
1,397 Sq Ft
0.29 Acres

Recently Sold

$102 Per Sq Ft

21% Below List Price

145 Days on Market

Highlights

  • Water Views
  • Deck
  • Pond
  • Property is near a lake
  • Secluded Lot
  • No HOA

About This Home

As of June 2023

LAKEFRONT...LAKEFRONT...LAKEFRONT...Hard to find waterfront property!! This Log Cabin home was built in the mid 1930's as a summer time get away. 70' of lake frontage, dock, deck, 3 bedrooms, 1 full bathroom, living room, dining room , kitchen, brick fireplace. Property has a deeded easement for access and LOW...LOW...LOW TAXES!!!! Property is being sold in "AS IS" condition!!

Last Agent to Sell the Property

Tom Hollinger

BHHS Fox & Roach-Mullica Hill South Listed on: 07/08/2021

BHHS Fox & Roach-Mullica Hill South

Co-Listed By

Joan Melino

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

David Marcantuno

Keller Williams Hometown License #1222774

Keller Williams Hometown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1935

Lot Details

  • 0.29 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Sloped Lot
  • Back and Front Yard
  • Property is in below average condition

Parking

  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Log Cabin
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,397 Sq Ft Home
  • Property has 1 Level
  • Brick Fireplace
  • Crawl Space
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property is near a lake
  • Pond
  • Deck

Schools

  • Alloway Twp. Elementary School
  • Alloway Township Middle School
  • Woodstown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 100 Amp Service
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00030
  • Assessor Parcel Number 01-00055-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,699

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1397
  • Living Area Sq Ft: 1397
  • Price Per Sq Ft: 110.88
  • Above Grade Finished Sq Ft: 1397
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • View: Scenic Vista, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALLOWAY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: ALLOWAY TWP. E.S.
  • Middle School: ALLOWAY TOWNSHIP SCHOOL
  • High School: WOODSTOWN H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396398
  • School District Source: Listing Agent
  • Elementary School: ALLOWAY TWP. E.S.
  • High School: WOODSTOWN H.S.
  • Middle Or Junior School: ALLOWAY TOWNSHIP SCHOOL

Lot Info

  • Lot Features: Front Yard, Rear Yard, Secluded, Sloping, Rural, Pond
  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3699.00
  • Assessor Parcel Number: 01-00055-00030
  • Tax Lot: 00030
  • Tax Total Finished Sq Ft: 1397
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/17/2022

MLS Schools

  • School District Name: ALLOWAY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 30, 2023
Sold by
Nj Re Investors Llc
Bought by
Smith Christina York
Seller's Agent
David Marcantuno
Keller Williams Hometown
Buyer's Agent
David Marcantuno
Keller Williams Hometown
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Views
230
Current Estimated Value
$354,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,120
Avg. Annual Appreciation
4.29%
Original Mortgage
$283,500
Outstanding Balance
$278,035
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$65,836

Purchase Details

Listed on
Jul 8, 2021
Closed on
Feb 4, 2022
Sold by
Reilly Joseph E and Reilly Beth F
Bought by
Nj Re Investors Llc
Seller's Agent
Tom Hollinger
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
David Marcantuno
Keller Williams Hometown
List Price
$179,900
Sold Price
$143,000
Premium/Discount to List
-$36,900
-20.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.45%
Original Mortgage
$100,000
Interest Rate
2.77%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 2002
Sold by
Reilly Beth D and Finlaw Beth D
Bought by
Reilly Joseph E and Reilly Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $315,000 None Listed On Document
Deed $143,000 Wollman David A
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,500 New Conventional
Previous Owner $208,500 New Conventional
Previous Owner $100,000 Construction
Previous Owner $106,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $315,000 +5.0% $225 / Sq Ft
06/30/2023 06/30/23 Price Changed $300,000 -4.8% $215 / Sq Ft
06/30/2023 06/30/23 Price Changed $315,000 0.0% $225 / Sq Ft
05/22/2023 05/22/23 Off Market $315,000 -- --
05/19/2023 05/19/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $300,000 +109.8% $215 / Sq Ft
03/17/2022 03/17/22 Sold $143,000 -7.7% $102 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $154,900 -8.8% $111 / Sq Ft
08/12/2021 08/12/21 Price Changed $169,900 -5.6% $122 / Sq Ft
07/08/2021 07/08/21 For Sale $179,900 -- $129 / Sq Ft
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 $3,904 $179,700 $54,200 $125,500
2023 $3,904 $118,700 $54,200 $64,500
2022 $3,779 $118,700 $54,200 $64,500
2021 $3,698 $118,700 $54,200 $64,500
2020 $3,679 $118,700 $54,200 $64,500
2019 $3,612 $118,700 $54,200 $64,500
2018 $3,561 $118,700 $54,200 $64,500
2017 $3,497 $118,700 $54,200 $64,500
2016 $3,343 $118,700 $54,200 $64,500
2015 $3,226 $118,700 $54,200 $64,500
2014 $3,077 $118,700 $54,200 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000318

Bright MLS

APN: 01-00055-0000-00030