NOT LISTED FOR SALE

119 Route 50 Corbin City, NJ 08270

-- Bed
-- Bath
-- Sq Ft
-- Built

About This Home

This home is located at 119 Route 50, Corbin City, NJ 08270. 119 Route 50 is a home located in Atlantic County with nearby schools including Westminster Christian Academy, Families United Network Academy, and Parkway South SDA Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Leps Ray
Bought by
Gathering Church Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,807
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 12, 2023
Sold by
Mmg Reo Ii Llc
Bought by
Leps Raymond E

Purchase Details

Closed on
Mar 22, 2022
Sold by
Commercial Loan Investment Ix Llc
Bought by
Mmg Reo Ii Llc

Purchase Details

Closed on
Jun 19, 2019
Sold by
Licata Jerome and Licata Mary
Bought by
Commercial Loan Investment Ix Llc

Purchase Details

Closed on
Dec 12, 2005
Sold by
Route 50 Associates Llc
Bought by
Mar-Jer Inc

Purchase Details

Closed on
Dec 19, 2002
Sold by
Keane Anthony
Bought by
Route 50 Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 1999
Sold by
The Family Godfather Inc
Bought by
Keane Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 1993
Sold by
Mch Restaurant Holding Corp
Bought by
Family Godfather

Purchase Details

Closed on
Feb 27, 1992
Sold by
Floriani Mario F Sheriff
Bought by
Mch Restaurant Holding Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Gathering Church Inc $300,000 Surety Title
Leps Raymond E $187,000 Foundation Title
Mmg Reo Ii Llc -- --
Commercial Loan Investment Ix Llc $1,000 Fortune Title Agency Inc
Mar-Jer Inc $470,000 --
Route 50 Associates Llc $500,000 --
Route 50 Associates Llc $500,000 --
Keane Anthony $375,000 --
Family Godfather $156,000 --
Mch Restaurant Holding Corp $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gathering Church Inc $295,807
Previous Owner Mar Jer Inc $900,000
Previous Owner Route 50 Associates Llc $25,000
Previous Owner Route 50 Associates Llc $375,000
Previous Owner Keane Anthony $10,000
Previous Owner Keane Anthony $32,000
Previous Owner Keane Anthony $200,000
Previous Owner Keane Anthony $200,000
Source: Public Records

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
2025 $11,550 $525,000 $69,800 $455,200
2024 $11,550 $525,000 $69,800 $455,200
2023 $19,855 $550,000 $69,800 $480,200
2022 $19,855 $984,400 $69,800 $914,600
2021 $19,334 $984,400 $69,800 $914,600
2020 $18,704 $984,400 $69,800 $914,600
2019 $18,556 $984,400 $69,800 $914,600
2018 $18,802 $984,400 $69,800 $914,600
2017 $18,654 $984,400 $69,800 $914,600
2016 $17,916 $984,400 $69,800 $914,600
2015 $19,624 $751,600 $40,000 $711,600
2014 $19,248 $751,600 $40,000 $711,600
Source: Public Records

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