$310,000
SOLD APR 1, 2025

122 E Lafayette Ave Magnolia, NJ 08049

3 Beds
2 Baths
1,080 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

3% Above List Price

22 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

HIGHEST AND BEST DUE Monday 2/17 at 3 pm.

Well maintained 3 bed, 2 full bath home. First floor boasts a spacious living room and an eat in kitchen along with a bedroom and a large bathroom that has both a spa shower and spa tub with dual sink. Upstairs has 2 bedroom with one having its' own private full bath. Home has plenty of entertaining space with a 3 seasons room and a fenced backyard that includes chicken coop. Close to major highways and Philadelphia.

Last Agent to Sell the Property

Tanea Hoffman

Jason Mitchell Real Estate New Jersey, LLC License #2185133 Listed on: 01/29/2025

Jason Mitchell Real Estate New Jersey, LLC

Last Buyer's Agent

David Omojogunra

Space & Company

Space & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,428

Year Built

  • Built in 1952

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Drainage System

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 23-00003 14-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,428

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-01-29
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: HIGHEST AND BEST DUE Monday 2/17 at 3 pm. Well maintained 3 bed, 2 full bath home. First floor boasts a spacious living room and an eat in kitchen along with a bedroom and a large bathroom that has both a spa shower and spa tub with dual sink. Upstairs has 2 bedroom with one having its' own private full bath. Home has plenty of entertaining space with a 3 seasons room and a fenced backyard that includes chicken coop. Close to major highways and Philadelphia.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Drainage System, Unfinished
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6428.00
  • Assessor Parcel Number: 23-00003 14-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/01/2025

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 31, 2025
Sold by
Smith Justin
Bought by
Ziener Erin K and Ziener Mary
Seller's Agent
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
Buyer's Agent
David Omojogunra
Space & Company
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Views
258
Current Estimated Value
$306,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,205
Avg. Annual Appreciation
-2.56%
Original Mortgage
$299,653
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 12, 2022
Sold by
Donaldson Kevin M and Donaldson Lauren
Bought by
Smith Justin
Seller's Agent
Tara Maloney
Keller Williams Realty - Marlton
Buyer's Agent
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$276,210
Interest Rate
5.55%
Mortgage Type
VA

Purchase Details

Closed on
Jan 10, 2018
Sold by
Manna Scott F and The Estate Of Dorothy M Baldwi
Bought by
Moss Donaldson Kevin and Moss Donaldson Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,238
Interest Rate
4.6%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $310,000 None Listed On Document
Bargain Sale Deed $310,000 None Listed On Document
Bargain Sale Deed $270,000 National Integrity
Deed $146,900 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,653 FHA
Previous Owner $276,210 VA
Previous Owner $150,844 FHA
Previous Owner $144,238 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $310,000 +3.3% $287 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $300,000 +11.1% $278 / Sq Ft
09/09/2022 09/09/22 Sold $270,000 +8.0% $250 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $249,900 -- $231 / 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
2025 $6,429 $133,900 $44,900 $89,000
2024 $6,272 $133,900 $44,900 $89,000
2023 $6,272 $133,900 $44,900 $89,000
2022 $6,109 $133,900 $44,900 $89,000
2021 $6,050 $133,900 $44,900 $89,000
2020 $5,934 $133,900 $44,900 $89,000
2019 $5,822 $133,900 $44,900 $89,000
2018 $5,704 $133,900 $44,900 $89,000
2017 $5,538 $133,900 $44,900 $89,000
2016 $5,383 $133,900 $44,900 $89,000
2015 $4,947 $133,900 $44,900 $89,000
2014 $4,873 $133,900 $44,900 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2082958

Bright MLS

APN: 23-00003-14-00011