Seller's Agent in 2025
SHANNON OBERMAN
Better Homes and Gardens Real Estate Maturo
(609) 202-4539
139 Total Sales
130 E Main St Alloway, NJ 08001
2
Beds
1
Bath
1,213
Sq Ft
0.34
Acres
Highlights
- 100 Feet of Waterfront
- Private Water Access
- Rambler Architecture
- 1 Boat Dock
- Fishing Allowed
- Wood Flooring
About This Home
As of October 2025Welcome to your perfect lakeside retreat! This charming 2-bedroom, 1-bathroom bungalow is nestled along the tranquil banks of beautiful Alloway Lake in Salem County, NJ. Whether you're looking for a peaceful weekend getaway or a year-round escape, this home offers the ideal setting to unwind and enjoy nature’s beauty. This property is Zone X so no flood insurance is currently paid by the homeowner. Step inside to a cozy living space with large windows that flood the rooms with natural light and offer breathtaking lake views. The open-concept living area is perfect for relaxation and entertaining, while the well-maintained kitchen provides all the essentials for cooking your favorite meals. Nestled in the middle of the home is a second living space that could be a formal dining room or den – whatever fits your needs! The two spacious bedrooms are designed with comfort in mind, offering peaceful spots to rest after a day spent exploring the lake. The bathroom is simple yet functional, with modern updates. Outside, the property truly shines. A large deck overlooks the serene lake, providing the perfect spot to enjoy morning coffee, entertain guests, or simply soak in the beauty of the surrounding nature. With its own private dock, whether you love fishing, kayaking, or just taking in the scenery, this property offers endless outdoor enjoyment. The home has a new concrete horseshoe-style driveway for easy access to the property. The homeowners have also installed a fence along the property to create more security along the road. Located in a friendly neighborhood, this bungalow provides the perfect combination of seclusion and convenience. Enjoy the serenity of lake living, while still being just a short drive from shopping, dining, and major roadways. Don't miss out on this rare opportunity to own a lakeside property in Salem County. Brand new vinyl plank flooring installed in primary bedroom and laundry room. Schedule your showing today and start living the peaceful life you've always dreamed of! Photos have been virtually staged to show the rooms potential. Furniture and personal property not included in the sale of this property.
Last Agent to Sell the Property
(609) 202-4539 shannonoberman@gmail.com Better Homes and Gardens Real Estate Maturo License #1644674 Listed on: 03/23/2025
Last Buyer's Agent
yfavorito@weichert.com HomeSmart First Advantage Realty License #1645183
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,014
Year Built
- Built in 1950 | Remodeled in 2021
Lot Details
- 0.34 Acre Lot
- 100 Feet of Waterfront
- Home fronts navigable water
- Level Lot
- Open Lot
- Side Yard
Parking
- Driveway
Home Design
- Rambler Architecture
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,213 Sq Ft Home
- Property has 1 Level
- Water Views
- Laundry on main level
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Outdoor Features
- Private Water Access
- Property is near a lake
- 1 Boat Dock
- Private Dock
- Porch
Location
- Flood Risk
Schools
- Alloway Twp. Elementary School
- Alloway Tw Middle School
- Woodstown High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 00035
- Assessor Parcel Number 01-00055-00035
Community Details
Overview
- No Home Owners Association
- Alloway Lake Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2025
Closed on
Oct 31, 2025
Sold by
Pham Vinh and Tran Bao
Bought by
Favorito Group Llc
Seller's Agent
SHANNON OBERMAN
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Yekaterina Favorito
HomeSmart First Advantage Realty
List Price
$265,000
Sold Price
$237,500
Premium/Discount to List
-$27,500
-10.38%
Views
516
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.18%
Purchase Details
Listed on
Feb 23, 2022
Closed on
Apr 1, 2022
Sold by
Ilacqua and Kyra
Bought by
Pham Vinh and Tran Bao
Seller's Agent
Jessica Elwell
Weichert Realtors-Mullica Hill
Buyer's Agent
Kenneth Murphy
HomeSmart First Advantage Realty
List Price
$200,000
Sold Price
$200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$160,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2021
Sold by
Iiacqua Kim and Iiacqua Joseph
Bought by
Iiacqua Benjamin J and Iiacqua Kyra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2009
Sold by
Estate Of Louisa E Talley
Bought by
Ilacqua Joseph J and Ilacqua Kim W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $237,500 | Reliant Land Services | |
| Deed | $200,000 | Donohugh Clyde J | |
| Deed | $95,000 | Foundation Title Llc | |
| Deed | $95,000 | Foundation Title | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $76,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $237,500 | -12.0% | $196 / Sq Ft | |
| 10/07/2025 10/07/25 | Pending | -- | -- | -- | |
| 08/26/2025 08/26/25 | Price Changed | $270,000 | +1.9% | $223 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $265,000 | 0.0% | $218 / Sq Ft | |
| 06/29/2025 06/29/25 | Off Market | $265,000 | -- | -- | |
| 05/14/2025 05/14/25 | Price Changed | $265,000 | -5.4% | $218 / Sq Ft | |
| 04/14/2025 04/14/25 | Price Changed | $280,000 | -6.7% | $231 / Sq Ft | |
| 03/23/2025 03/23/25 | For Sale | $300,000 | +50.0% | $247 / Sq Ft | |
| 04/01/2022 04/01/22 | Sold | $200,000 | 0.0% | $165 / Sq Ft | View Prior Sale |
| 03/04/2022 03/04/22 | Pending | -- | -- | -- | |
| 02/23/2022 02/23/22 | For Sale | $200,000 | -- | $165 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,014 | $115,100 | $61,800 | $53,300 |
| 2024 | $3,786 | $115,100 | $61,800 | $53,300 |
| 2023 | $3,786 | $115,100 | $61,800 | $53,300 |
| 2022 | $3,665 | $115,100 | $61,800 | $53,300 |
| 2021 | $3,587 | $115,100 | $61,800 | $53,300 |
| 2020 | $3,567 | $115,100 | $61,800 | $53,300 |
| 2019 | $3,502 | $115,100 | $61,800 | $53,300 |
| 2018 | $3,453 | $115,100 | $61,800 | $53,300 |
| 2017 | $3,391 | $115,100 | $61,800 | $53,300 |
| 2016 | $3,241 | $115,100 | $61,800 | $53,300 |
| 2015 | $3,128 | $115,100 | $61,800 | $53,300 |
| 2014 | $2,983 | $115,100 | $61,800 | $53,300 |
Source: Public Records
Agents Affiliated with this Home
-
SHANNON OBERMAN
-
Yekaterina Favorito
Buyer's Agent in 2025
Yekaterina Favorito
HomeSmart First Advantage Realty
(570) 855-2602
27 Total Sales
-
Jessica Elwell
Seller's Agent in 2022
Jessica Elwell
Weichert Corporate
(856) 275-3673
52 Total Sales
-
Kenneth Murphy
Buyer's Agent in 2022
Kenneth Murphy
HomeSmart First Advantage Realty
(609) 792-8599
14 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2014222
APN: 01-00055-0000-00035
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