NOT LISTED FOR SALE

124 Bay St Penns Grove, NJ 08069

Estimated Value: $182,000 - $211,000

3 Beds
1 Bath
1,049 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $170,000 $162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,410/month

12 Days on Market

Highlights

  • Rambler Architecture
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 2-minute walk to Dunn's Park

About This Home

As of March 2023

Welcome to 124 Bay Street, a 3 bedroom home in Salem County with pride of ownership shining through from the moment you walk in. This property has been freshly painted and fitted with new flooring throughout, making it move-in ready for you! Enjoy the bright and inviting sunroom at the front of the house, perfect for welcoming guests.

Living here means that you don't need to rent - own your own home right here at an affordable price with low taxes! The living room is ideal for unwinding after a long day's work and the spacious kitchen makes meal prepping and entertaining a breeze. The laundry room also doubles as mudroom equipped with side entry to ensure easy access.

The backyard offers plenty of space to relax or play games while also providing ample area for four-legged friends to run around. Plus, this location is close to Route 295 so commutes are quick both north and south! Don't miss out on this adorable and affordable house - call us today for more information!

Last Agent to Sell the Property

Scott Kompa

EXP Realty, LLC License #675454 Listed on: 01/23/2023

EXP Realty, LLC

Last Buyer's Agent

SHANNON OBERMAN

Better Homes and Gardens Real Estate Maturo License #RS375375

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1920

Lot Details

  • 4,930 Sq Ft Lot
  • Lot Dimensions are 85.00 x 58.00

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,049 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 02-00103 01-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,146

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 124 Bay Street, a 3 bedroom home in Salem County with pride of ownership shining through from the moment you walk in. This property has been freshly painted and fitted with new flooring throughout, making it move-in ready for you! Enjoy the bright and inviting sunroom at the front of the house, perfect for welcoming guests. Living here means that you don't need to rent - own your own home right here at an affordable price with low taxes! The living room is ideal for unwinding after a long day's work and the spacious kitchen makes meal prepping and entertaining a breeze. The laundry room also doubles as mudroom equipped with side entry to ensure easy access. The backyard offers plenty of space to relax or play games while also providing ample area for four-legged friends to run around. Plus, this location is close to Route 295 so commutes are quick both north and south! Don't miss out on this adorable and affordable house - call us today for more information!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1049
  • Living Area Sq Ft: 1049
  • Price Per Sq Ft: 161.11
  • Above Grade Finished Sq Ft: 1049
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

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: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65100.00
  • Land Assessed Value: 46100.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 85.00 x 58.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4930.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2191621
  • Tax Annual Amount: 3146.00
  • Assessor Parcel Number: 02-00103 01-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 03/17/2023

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 17, 2023
Sold by
Ayares Cory D
Bought by
Zakian Lindsey
Seller's Agent
Scott Kompa
EXP Realty, LLC
Buyer's Agent
SHANNON OBERMAN
Better Homes and Gardens Real Estate Maturo
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%
Views
118
Current Estimated Value
$200,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,323
Avg. Annual Appreciation
6.62%
Original Mortgage
$166,920
Outstanding Balance
$162,602
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$33,904

Purchase Details

Listed on
Oct 31, 2016
Closed on
Apr 6, 2017
Sold by
Franceschini Jonathan F and Franceschini Jacquelyn D
Bought by
Ayares Cory D
Seller's Agent
James Sullivan III
Century 21 Rauh & Johns
Buyer's Agent
Donna Scarfo
Dj Scarfo Realty Group
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$90,909
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Gellert Scott B
Bought by
Franceschini Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Krivda Gerald and Krivda Andrea
Bought by
Gellert Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 8, 2004
Sold by
Jones W Clifford and Pierson Mary Ella Northam
Bought by
Krivda Gerald and Krivda Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Vongruenigen Dudley and Stewart Evelyn M
Bought by
Vongruenigen Dudley
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
Zakian Lindsey $170,000 Old Republic Title
Ayares Cory D $90,000 Heritage Title & Abstract
Franceschini Jonathan $129,000 --
Francesechini Jonathan $129,000 Heritage Title & Abstract Ag
Gellert Scott B $116,000 --
Krivda Gerald $48,000 Intercoastal Title Agency In
Vongruenigen Dudley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakian Lindsey $166,920
Previous Owner Ayares Cory D $90,909
Previous Owner Francesechini Jonathan $110,000
Previous Owner Gellert Scott B $23,200
Previous Owner Gellert Scott B $92,800
Previous Owner Krivda Gerald $65,000
Closed Zakian Lindsey $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $170,000 +0.6% $162 / Sq Ft
02/06/2023 02/06/23 For Sale $169,000 -0.6% $161 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 Off Market $170,000 -- --
01/31/2023 01/31/23 Price Changed $169,000 -6.1% $161 / Sq Ft
01/23/2023 01/23/23 For Sale $180,000 +100.0% $172 / Sq Ft
03/17/2017 03/17/17 Sold $90,000 -5.3% $86 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $95,000 -- $91 / 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 $3,528 $99,100 $37,000 $62,100
2023 $3,528 $99,100 $37,000 $62,100
2022 $3,320 $99,100 $37,000 $62,100
2021 $3,288 $99,100 $37,000 $62,100
2020 $3,317 $99,100 $37,000 $62,100
2019 $3,345 $99,100 $37,000 $62,100
2018 $3,281 $104,200 $39,100 $65,100
2017 $3,265 $111,200 $46,100 $65,100
2016 $3,146 $111,200 $46,100 $65,100
2015 $3,517 $130,400 $46,100 $84,300
2014 $3,329 $130,400 $46,100 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2006458

Bright MLS

APN: 02-00103-01-00009