NOT LISTED FOR SALE

111 Shad Roe Ln Salem, NJ 08079

Estimated Value: $316,000 - $403,000

3 Beds
2 Baths
2,094 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $195,000 $93 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,633/month

41 Days on Market

Highlights

  • 219 Feet of Waterfront
  • Fishing Allowed
  • Rambler Architecture
  • Sandy Beach
  • Stream or River on Lot
  • Attic

About This Home

As of August 2019

Take advantage of this incredibly rare opportunity to have a beach house with a large beach without the stress & congestion of driving to the shore! With a little TLC, this could truly be your dream home! This beach house offers an open floor plan with spectacular views of the Delaware River. What could be nicer than a beach home without the stress of the commute to the shore and dealing with crowds when you just want to relax! At the end of the day...grab a beach chair and a glass of wine and enjoy the good life. A home like this truly comes around once in a lifetime!

Last Agent to Sell the Property

Haley DeStefano

Real Broker, LLC Listed on: 05/18/2019

Real Broker, LLC

Last Buyer's Agent

Haley DeStefano

Real Broker, LLC Listed on: 05/18/2019

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,754

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 157.70 x 219.00
  • 219 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 2,094 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Brick Fireplace
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Basement
  • Exterior Basement Entry
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Cesspool

Listing and Financial Details

  • Tax Lot 00025 24
  • Assessor Parcel Number 04-00023-00025 24

Community Details

Overview

  • No Home Owners Association
  • River Front Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,754

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1922
  • Remarks Public: Take advantage of this incredibly rare opportunity to have a beach house with a large beach without the stress & congestion of driving to the shore! With a little TLC, this could truly be your dream home! This beach house offers an open floor plan with spectacular views of the Delaware River. What could be nicer than a beach home without the stress of the commute to the shore and dealing with crowds when you just want to relax! At the end of the day...grab a beach chair and a glass of wine and enjoy the good life. A home like this truly comes around once in a lifetime!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Built-Ins, Attic
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Great Room
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2094
  • Living Area Sq Ft: 2094
  • Price Per Sq Ft: 95.51
  • Above Grade Finished Sq Ft: 2094
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Water
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Swimming Allowed, Waterski/Wakeboard, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 219

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Cess Pool
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 197100.00
  • Land Assessed Value: 161900.00
  • Lot Dimensions: 157.70 x 219.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2194709
  • Tax Annual Amount: 9754.00
  • Assessor Parcel Number: 04-00023-00025 24
  • Tax Lot: 00025 24
  • Tax Total Finished Sq Ft: 2094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/15/2019

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2019
Closed on
Aug 5, 2019
Sold by
Riley Sidney L Est
Bought by
Mcbride Edward and Mcbride Elizabeth
Seller's Agent
Haley DeStefano
Real Broker, LLC
Buyer's Agent
Haley DeStefano
Real Broker, LLC
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Total Days on Market
41
Current Estimated Value
$366,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,704
Avg. Annual Appreciation
11.75%
Original Mortgage
$165,750
Outstanding Balance
$147,007
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$224,458

Purchase Details

Closed on
Jan 17, 1985
Bought by
Riley Sidney L and Riley Joan K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcbride Edward $195,000 --
Riley Sidney L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Edward $100,000
Open Mcbride Edward $165,750
Previous Owner Riley Sidney L $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $195,000 -2.5% $93 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $200,000 -- $96 / 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 $8,238 $284,700 $129,500 $155,200
2023 $8,238 $278,600 $129,500 $149,100
2022 $8,032 $278,600 $129,500 $149,100
2021 $7,751 $278,600 $129,500 $149,100
2020 $7,862 $278,600 $129,500 $149,100
2019 $7,751 $278,600 $129,500 $149,100
2018 $9,754 $359,000 $161,900 $197,100
2017 $9,557 $359,000 $161,900 $197,100
2016 $9,208 $359,000 $161,900 $197,100
2015 $8,695 $359,000 $161,900 $197,100
2014 $8,411 $359,000 $161,900 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA134192

Bright MLS

APN: 04-00023-0000-00025-24