$65,000
SOLD DEC 15, 2023

116 Pennington Ave Egg Harbor Township, NJ 08234

0.64 Acre
$101,562 Price per Acre
27,878 Sq Ft Lot

Recently Sold

4 Days on Market

About This Lot

As of April 2025

Huge Lot in Egg Harbor Twp, off of Reega road near Victoria Crossing, on a private cul-de-sac. Really great street

Last Agent to Sell the Property

Michael Kravchak

eXp Realty - Montclair License #1867271 Listed on: 10/23/2023

eXp Realty - Montclair

Last Buyer's Agent

BRIAN MUSTO

ROYAL ONE REALTY License #8531862

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,124

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 100 x 280

Property Details

Property Type

Land

Est. Annual Taxes

$1,124

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 20,001 Sqft To 1 Acre
  • Lvt Date: 10/23/2023
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Dimensions: 100 X 280
  • Number Of Acres: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Apr 14, 2025
Sold by
Dr Horton Inc-New Jersey
Bought by
Uduma Charles Enyioma
Seller's Agent
Randi Yoshioka
D.R. Horton Realty of New Jersey
Buyer's Agent
Stella Oluwaseun-Apo
Weichert Realtors-Princeton Junction
List Price
$649,990
Sold Price
$529,990
Premium/Discount to List
-$120,000
-18.46%
Views
106
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,990
Avg. Annual Appreciation
-7.74%
Original Mortgage
$503,491
Outstanding Balance
$503,048
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$15,952

Purchase Details

Closed on
Oct 10, 2024
Sold by
Bvm Development Llc
Bought by
Dr Horton Inc-New Jersey

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 20, 2023
Sold by
Jones Wayne S
Bought by
Bvm Development Llc
Seller's Agent
Michael Kravchak
eXp Realty - Montclair
Buyer's Agent
BRIAN MUSTO
ROYAL ONE REALTY
List Price
$65,000
Sold Price
$65,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
263.42%
Original Mortgage
$400,000
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $529,990 Dhi Title
Deed $240,000 None Listed On Document
Deed $240,000 None Listed On Document
Bargain Sale Deed $65,000 Shore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $503,491 New Conventional
Previous Owner $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $529,990 0.0% $226 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
11/23/2024 11/23/24 Price Changed $529,990 -18.5% $226 / Sq Ft
10/26/2024 10/26/24 For Sale $649,990 +900.0% $278 / Sq Ft
12/15/2023 12/15/23 Sold $65,000 0.0% --
10/27/2023 10/27/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $65,000 -- --
Source: South Jersey Shore Regional 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 $1,124 $33,500 $33,500 $0
2023 $1,117 $33,500 $33,500 $0
2022 $1,117 $33,500 $33,500 $0
2021 $1,126 $33,500 $33,500 $0
2020 $1,106 $33,500 $33,500 $0
2019 $1,076 $33,500 $33,500 $0
2018 $1,053 $33,500 $33,500 $0
2017 $1,049 $33,500 $33,500 $0
2016 $1,007 $33,500 $33,500 $0
2015 $993 $33,500 $33,500 $0
2014 $973 $33,500 $33,500 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Randi Yoshioka

    D.R. Horton Realty of New Jersey

    (609) 579-1158

    183 Total Sales

    Section Image

  • S

    Buyer's Agent in 2025

    Stella Oluwaseun-Apo

    Weichert Corporate

    (609) 325-8701

    5 Total Sales

    Section Image
  • Michael Kravchak

    Seller's Agent in 2023

    Michael Kravchak

    eXp Realty - Montclair

    (609) 389-8734

    124 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    BRIAN MUSTO

    ROYAL ONE REALTY

    15 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 579032

South Jersey Shore Regional MLS

APN: 08-02803-0000-00004

New Jersey Atlantic County Egg Harbor Township 08234

116 Pennington Ave, Egg Harbor Township, NJ

This home is located at 116 Pennington Ave, Egg Harbor Township, NJ 08234 and is currently priced at $65,000. 116 Pennington Ave is a home located in Atlantic County with nearby schools including Egg Harbor Township High School, Islamic Academy of South Jersey, and English Creek Academy.

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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