NOT LISTED FOR SALE

125 Fort Dix St Wrightstown, NJ 08562

Estimated Value: $315,737

-- Bed
-- Bath
2,504 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $290,000 $116 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,221/month

64 Days on Market

Highlights

  • Open Floorplan
  • Home Security System
  • 90% Forced Air Heating System
  • Traditional Architecture
  • More Than Two Accessible Exits
  • 60+ Gallon Tank

About This Home

As of September 2023

Commercial building, restaurant equipment and business included in the sale. Full agent featured property tour on YouTube by searching the address and or listing agent. The Stone House Eatery has been a successful establishment serving the local community for the last 14 years. Located in a prime location just a few hundred yards from the Joint Base McGuire AFB, Fort Dix and Navy Lakehurst entrance gate. Current configuration offers over 20 dining tables, two ½ bathrooms, large commercial kitchen, cashier kiosk, ample storage, multiple freezers throughout, 2 fryers, large grill area with steam table, large refrigerated food prep area, huge dishwashing station, private administrative office, walk-in freezer capabilities, large screen TV with surround sound in dining area, security cameras and extra deep lot with outdoor seating opportunities and trash storage in the rear of the building. Recent renovations include new kitchen exhaust system and chimney that ventilates via the top of the building, new mini split air conditioning system, new EPDM rubber membrane roof and new freezers throughout. Take advantage of this high traffic area to include the proposed new development “Wrightstown Town Center” directly across the street. According to Wrightstown Borough: The development across the street received final major site plan and subdivision approval from the Joint Land Use Board in preparation for 215 townhomes, 183 apartments, 4 story hotel with 111 rooms, 19 multi-family units and 23 single family homes. Rarely offered large commercial building with plenty of opportunity for the right buyer.

Last Agent to Sell the Property

Justin Epperson

RealtyMark Properties License #2324260 Listed on: 06/11/2023

RealtyMark Properties

Last Buyer's Agent

Justin Epperson

RealtyMark Properties License #2324260 Listed on: 06/11/2023

RealtyMark Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1960

Lot Details

  • 4,514 Sq Ft Lot
  • Lot Dimensions are 37.00 x 122
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 2,504 Sq Ft Home
  • Open Floorplan
  • Dining Area
  • Home Security System

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • 60+ Gallon Tank

Community Details

  • 1-Story Building

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 40-00402-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,009

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: None.
  • Historic: No
  • Inclusions: All restaurant equipment, TV and security system.
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Open
  • Foundation Details: Slab
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 2504
  • Living Area Sq Ft: 2504
  • Price Per Sq Ft: 151.76
  • Above Grade Finished Sq Ft: 2504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NORTHERN BURLINGTON COUNT SCHOOLS
  • School District Key: 300200396968
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 37.00 x 122
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4514.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Furnished: All
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 5009.00
  • Assessor Parcel Number: 40-00402-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/14/2023

MLS Schools

  • School District Name: NORTHERN BURLINGTON COUNT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Aug 31, 2023
Sold by
Stone House Property Llc
Bought by
Vedamata Management Llc
Seller's Agent
Justin Epperson
RealtyMark Properties
Buyer's Agent
Justin Epperson
RealtyMark Properties
List Price
$400,000
Sold Price
$290,000
Premium/Discount to List
-$110,000
-27.5%
Total Days on Market
64
Views
91
Current Estimated Value
$315,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,737
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Leblanc Ronald and Leblanc Donna
Bought by
Stone House Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Chong Tong and Chong Lillian
Bought by
Leblanc Ronald and Leblanc Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 1993
Sold by
Yi Pyong Tae and Yi Kyong Sun
Bought by
Chong Tong and Chong Lillian
Source: Public Records

Range of Values:

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Average Value
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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
Vedamata Management Llc $290,000 None Listed On Document
Stone House Property Llc $220,000 First Choice Title Agcy Inc
Leblanc Ronald $250,000 None Available
Chong Tong $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone House Property Llc $140,000
Previous Owner Leblanc Ronald $20,000
Previous Owner Leblanc Ronald $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $290,000 -23.7% $116 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $380,000 -5.0% $152 / Sq Ft
06/11/2023 06/11/23 For Sale $400,000 -- $160 / 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 $5,488 $167,100 $29,000 $138,100
2023 $5,488 $167,100 $29,000 $138,100
2022 $5,010 $167,100 $29,000 $138,100
2021 $4,858 $167,100 $29,000 $138,100
2020 $4,918 $167,100 $29,000 $138,100
2019 $4,868 $167,100 $29,000 $138,100
2018 $4,642 $167,100 $29,000 $138,100
2017 $4,166 $167,100 $29,000 $138,100
2016 $3,894 $103,900 $25,650 $78,250
2015 $3,817 $103,900 $25,650 $78,250
2014 $4,086 $103,900 $25,650 $78,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2047996

Bright MLS

APN: 40-00402-0000-00002