NOT LISTED FOR SALE

131 Locktown Flemington Rd Flemington, NJ 08822

Estimated Value: $523,942 - $777,000

4 Beds
2 Baths
-- Sq Ft
51.6 Acres

Last Sold April 07, 2017

Last sale price $425,000

Est. 42% increase in value since last sale

Current estimated payment $3,972/month

23 Days on Market

Highlights

  • 51.6 Acre Lot
  • Cape Cod Architecture
  • No HOA
  • Hunterdon Central Regional High School District Rated A
  • Barn or Farm Building
  • 2 Car Detached Garage

About This Home

As of April 2017

Back on the Market with New Septic! Delaware Township is known as one of Hunterdon County's most desirable places to live. Great vistas, rolling farmland, quiet country roads, historical villages, and New Jersey's last surviving covered bridge attract locals and out-of-towners alike. Farms in this township rarely go on the market?especially in this price range. Here is a great opportunity to own 50 Preserved acres already in farmland and woodland assessment with low taxes. This lovely farm has three large fields and two ponds with wooded acres in the rear, including a stream. All outbuildings are in great condition and lend themselves to a variety of purposes. The longest barn can easily hold 1000+ hay bales on the second floor, and the pole barn is tall enough to accommodate an RV. Either one could be outfitted with stalls, adding potential for a horse property. There is a vintage 4 bedroom house on the property that has been continually occupied (tenant has recently moved). Included in this parcel is a 6-acre exception area which allows you to run a non-agricultural business if desired (such as a farm stand or antique shop). Less than 90 minutes from New York.

Last Agent to Sell the Property

Adam Shapiro

Corcoran Sawyer Smith Listed on: 02/08/2017

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1917

Lot Details

  • 51.6 Acre Lot
  • Property is in good condition
  • Property is zoned A-2

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Hunterdon Central High School

Farming

  • Barn or Farm Building

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00025-Q0204
  • Assessor Parcel Number 07-00014-00025-Q0204

Home Details

Home Type

Single Family

Est. Annual Taxes

$264

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Remarks Public: Back on the Market with New Septic! Delaware Township is known as one of Hunterdon County's most desirable places to live. Great vistas, rolling farmland, quiet country roads, historical villages, and New Jersey's last surviving covered bridge attract locals and out-of-towners alike. Farms in this township rarely go on the market?especially in this price range. Here is a great opportunity to own 50 Preserved acres already in farmland and woodland assessment with low taxes. This lovely farm has three large fields and two ponds with wooded acres in the rear, including a stream. All outbuildings are in great condition and lend themselves to a variety of purposes. The longest barn can easily hold 1000+ hay bales on the second floor, and the pole barn is tall enough to accommodate an RV. Either one could be outfitted with stalls, adding potential for a horse property. There is a vintage 4 bedroom house on the property that has been continually occupied (tenant has recently moved). Included in this parcel is a 6-acre exception area which allows you to run a non-agricultural business if desired (such as a farm stand or antique shop). Less than 90 minutes from New York.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Barn/Farm Building
  • Other Structures List: Barn/Farm Building
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HUNTERDON CENTRAL REGIONA SCHOOLS
  • High School: HUNTERDON CENTRAL
  • School District Key: 300200396160
  • High School: HUNTERDON CENTRAL

Lot Info

  • Land Assessed Value: 10600.00
  • Lot Size Acres: 51.60
  • Lot Dimensions: 51.6
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2204136.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: A-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3696157
  • Tax Annual Amount: 264.00
  • Assessor Parcel Number: 07-00014-00025-Q0204
  • Tax Lot: 00025-Q0204
  • Tax Year: 2016
  • Close Date: 04/07/2017

MLS Schools

  • School District Name: HUNTERDON CENTRAL REGIONA SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Apr 20, 2017
Sold by
Passerello Mary and Salerno Barbara A
Bought by
Flytown Farms Llc
Seller's Agent
Adam Shapiro
Corcoran Sawyer Smith
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$479,000
Sold Price
$425,000
Premium/Discount to List
-$54,000
-11.27%
Current Estimated Value
$604,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,102
Avg. Annual Appreciation
4.25%
Interest Rate
3.97%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Timko John A and Passarello Mary
Bought by
Timsoland Llc

Purchase Details

Closed on
Sep 15, 1991
Sold by
Timko John
Bought by
Salerno Barbara and Salerno Timko,Allen G
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
Flytown Farms Llc $425,000 --
Timsoland Llc -- None Available
Salerno Barbara $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Flytown Farms Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $425,000 -11.3% --
03/03/2017 03/03/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $479,000 -- --
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 $7,975 $297,800 $147,000 $150,800
2023 $7,975 $297,800 $147,000 $150,800
2022 $7,695 $297,800 $147,000 $150,800
2021 $7,600 $297,800 $147,000 $150,800
2020 $7,692 $297,800 $147,000 $150,800
2019 $7,600 $300,500 $147,000 $153,500
2018 $7,663 $300,500 $147,000 $153,500
2017 $7,537 $300,500 $147,000 $153,500
2016 $7,476 $300,500 $147,000 $153,500
2015 $7,573 $300,500 $147,000 $153,500
2014 $7,401 $300,500 $147,000 $153,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003663557

Bright MLS

APN: 07-00014-0000-00025