NOT LISTED FOR SALE

131 New Albany Rd Moorestown, NJ 08057

Lenola Neighborhood

Estimated Value: $247,000

4 Beds
1.5 Baths
1,641 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $110,000 $67 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,593/month

36 Days on Market

Highlights

  • 0.4 Acre Lot
  • Colonial Architecture
  • No HOA
  • Mary E. Roberts Elementary School Rated A
  • 1 Fireplace
  • 2-minute walk to Jeff Young Memorial Park

About This Home

As of October 2016

This property is for the savvy buyer, investor or builder ONLY, with prospective buyers encouraged to view premises with a qualified contractor or engineer.Build a new home or take advantage of Moorestown RLC-2 zoning, which allows or construction of multi-family units. Please see Moorestown zoning regulations for specifics. The home is seriously damaged throughout, so absolutely no repairs will be made by seller. The only realistic buyer options are to take the home down to the studs or raze it for new construction. 2-car garage might be salvageable. Lot measures 50' across the front, 98' across the back with side lengths of 190' and 231' for the two side depths. Lot must be completely leveled and cleared. Great value! This is a serious investment opportunity. FOR SAFETY REASONS, LISTING AGENT MUST ACCOMPANY ALL SHOWINGS.

Last Agent to Sell the Property

George Stalle

Keller Williams Realty - Cherry Hill Listed on: 08/15/2016

Last Buyer's Agent

Rachael Han-Ong

Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1903

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 75x230
  • Property is zoned RLC-2

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,641 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 22-01300-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,768

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Remarks Public: This property is for the savvy buyer, investor or builder ONLY, with prospective buyers encouraged to view premises with a qualified contractor or engineer.Build a new home or take advantage of Moorestown RLC-2 zoning, which allows or construction of multi-family units. Please see Moorestown zoning regulations for specifics. The home is seriously damaged throughout, so absolutely no repairs will be made by seller. The only realistic buyer options are to take the home down to the studs or raze it for new construction. 2-car garage might be salvageable. Lot measures 50' across the front, 98' across the back with side lengths of 190' and 231' for the two side depths. Lot must be completely leveled and cleared. Great value! This is a serious investment opportunity. FOR SAFETY REASONS, LISTING AGENT MUST ACCOMPANY ALL SHOWINGS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1641
  • Living Area Sq Ft: 1641
  • Net Sq Ft: 1641.00
  • Price Per Sq Ft: 79.22
  • Above Grade Finished Sq Ft: 1641
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • 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: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396965

Lot Info

  • Improvement Assessed Value: 82200.00
  • Land Assessed Value: 104800.00
  • Lot Size Acres: 0.40
  • Lot Dimensions: 75X230
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17250.00
  • Zoning: RLC-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1682835
  • Tax Annual Amount: 4768.00
  • Assessor Parcel Number: 22-01300-00005
  • Tax Lot: 00005
  • Tax Year: 2015
  • Close Date: 10/04/2016

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2019
Sold by
Cys International Llc
Bought by
131 New Albany Llc
Current Estimated Value
$247,000

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 19, 2016
Sold by
Sr Roger T Letts and Brady Sandra
Bought by
Cys International Llc
Seller's Agent
George Stalle
Keller Williams Realty - Cherry Hill
Buyer's Agent
Rachael Han-Ong
Keller Williams Realty - Cherry Hill
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Oct 7, 1966
Bought by
Letts Roger T % Brady Sandra
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
131 New Albany Llc -- None Available
Cys International Llc $110,000 Surety Title
Letts Roger T % Brady Sandra -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $110,000 -15.4% $67 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $130,000 -- $79 / 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 $2,996 $104,800 $104,800 --
2024 $2,906 $104,800 $104,800 $0
2023 $2,906 $104,800 $104,800 $0
2022 $2,891 $104,800 $104,800 $0
2021 $2,855 $104,800 $104,800 $0
2020 $2,836 $104,800 $104,800 $0
2019 $2,785 $104,800 $104,800 $0
2018 $2,703 $104,800 $104,800 $0
2017 $2,721 $104,800 $104,800 $0
2016 $4,582 $187,000 $104,800 $82,200
2015 $4,519 $187,000 $104,800 $82,200
2014 $4,285 $187,000 $104,800 $82,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Stalle

    Keller Williams Realty - Cherry Hill

    Section Image

  • R

    Buyer's Agent in 2016

    Rachael Han-Ong

    Keller Williams Realty - Cherry Hill

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002470584

Bright MLS

APN: 22-01300-0000-00005

New Jersey Burlington County Moorestown 08057 Lenola

131 New Albany Rd, Moorestown, NJ

This home is located at 131 New Albany Rd, Moorestown, NJ 08057 since 15 August 2016 and is currently estimated at $247,000, approximately $150 per square foot. This property was built in 1903. 131 New Albany Rd is a home located in Burlington County with nearby schools including Mary E. Roberts Elementary School, Moorestown Upper Elementary School, and William Allen Middle School.

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