NOT LISTED FOR SALE

137 E Adams Ave Magnolia, NJ 08049

Estimated Value: $246,000 - $306,000

2 Beds
1 Bath
896 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $215,000 $240 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,928/month

61 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Entry For Accessibility
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2023

Do not miss out on viewing this charming Cape Cod nestled in the town of Magnolia, NJ. Magnolia is a lovely town that boasts a variety of amenities, including parks, restaurants, shops, and services. This 2 bedroom 1 bathroom home is the perfect place to call home. Entering through the front door, you will find a spacious living room with big windows to allow a ton of natural light to enter. On the same level you will find bedrooms, bathroom, and the kitchen. Off the kitchen, you will find a bonus room with sliding glass doors to access the back yard. Laundry area is located downstairs in unfinished basement and do not forget to head upstairs to check out the large unfinished attic.

Last Agent to Sell the Property

Kristina Gallagher

Society License #1863498 Listed on: 11/11/2022

Co-Listed By

Chris Larcome

HomeSmart Nexus Realty Group - Newtown

Last Buyer's Agent

John Cascio

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1956

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 896 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 23-00003 05-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,729

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-11-11
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: Do not miss out on viewing this charming Cape Cod nestled in the town of Magnolia, NJ. Magnolia is a lovely town that boasts a variety of amenities, including parks, restaurants, shops, and services. This 2 bedroom 1 bathroom home is the perfect place to call home. Entering through the front door, you will find a spacious living room with big windows to allow a ton of natural light to enter. On the same level you will find bedrooms, bathroom, and the kitchen. Off the kitchen, you will find a bonus room with sliding glass doors to access the back yard. Laundry area is located downstairs in unfinished basement and do not forget to head upstairs to check out the large unfinished attic.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 896
  • Living Area Sq Ft: 896
  • Price Per Sq Ft: 239.96
  • Above Grade Finished Sq Ft: 896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 137

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81400.00
  • Land Assessed Value: 44200.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1897819
  • Tax Annual Amount: 5729.00
  • Assessor Parcel Number: 23-00003 05-00020
  • Tax Lot: 00020
  • Tax Total Finished Sq Ft: 896
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
May 19, 2023
Sold by
Stefanick John H
Bought by
Cifala Ariel
Seller's Agent
Kristina Gallagher
Society
Buyer's Agent
John Cascio
EXP Realty, LLC
List Price
$215,000
Sold Price
$215,000
Views
168
Current Estimated Value
$260,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,297
Avg. Annual Appreciation
8.62%
Original Mortgage
$196,886
Interest Rate
6.57%
Mortgage Type
FHA
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
Cifala Ariel $215,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cifala Ariel $196,886
Previous Owner Stetanick Nina $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $215,000 0.0% $240 / Sq Ft
04/03/2023 04/03/23 Price Changed $215,000 0.0% $240 / Sq Ft
04/03/2023 04/03/23 For Sale $215,000 +2.4% $240 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/21/2022 12/21/22 Price Changed $210,000 -2.3% $234 / Sq Ft
11/11/2022 11/11/22 For Sale $215,000 -- $240 / 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 $6,030 $125,600 $44,200 $81,400
2024 $5,883 $125,600 $44,200 $81,400
2023 $5,883 $125,600 $44,200 $81,400
2022 $5,730 $125,600 $44,200 $81,400
2021 $5,053 $125,600 $44,200 $81,400
2020 $5,567 $125,600 $44,200 $81,400
2019 $5,461 $125,600 $44,200 $81,400
2018 $5,351 $125,600 $44,200 $81,400
2017 $5,195 $125,600 $44,200 $81,400
2016 $5,049 $125,600 $44,200 $81,400
2015 $4,625 $125,600 $44,200 $81,400
2014 $4,555 $125,600 $44,200 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2037786

Bright MLS

APN: 23-00003-05-00020