NOT LISTED FOR SALE

Estimated Value: $408,320

-- Bed
-- Bath
-- Sq Ft
14.38 Acres

Last Sold April 08, 2022

Last sale price $350,000

Est. 17% increase in value since last sale

Current estimated payment $2,295/month

269 Days on Market

Highlights

  • 14.38 Acre Lot
  • No HOA
  • Farm
  • Lenape High School Rated A-
  • Pasture
  • Hunting Land

About This Home

As of April 2022

Approved Gentleman’s Farm. This represents one of the few larger undeveloped property parcels in Mount Laurel. The property 15 acres + is approved for a Gentleman’s Farm and single family residence. You can have it all. A very private setting, perfectly situated, with the mix of luxury living, along with a country flair. With the township's approval, a residence can be built on the property. Once that has been prepared and approved by local and county municipalities construction can begin. Everything is in place for gracious country living, in a suburban environment…with unlimited potential. The area affords access to all the resources needed for the family compound i.e:….recreational activities, restaurants, city art galleries, fine dining, museums, boutique shops, education, horticulture, botanical gardens, etc. It is close to high end medical facilities associated with Jefferson, Penn, Cooper, Fox Chase, etc. This parcel is within close proximity to the high-end Promenade Shopping center, and minutes away from the Cherry Hill & Moorestown Malls, the Market Place at Garden State, and Centerton Square, Moorestown. Excellent Dense and Affluent Demographics surrounded by high income developments in a five-mile radius. Access to numerous points of interest. It is centrally & strategically located in Mount Laurel. It is accessible by I-295, Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway and, close proximity to center Philadelphia and Shore points. Approximately 30 minutes to center Philadelphia. About an hours drive to the Jersey Beaches or New York City, and the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra or Burlington/Bristol Bridges connecting with I-95 & Bucks County. Easily accessible to the Philadelphia International Airport and Atlantic City International Airport, Centrally located in the Tri-State area. 1. A driveway has been approved to access one single-family residence under the Freshwater Wetlands General Permit. 2. The State of NJ has approved a Freshwater Wetlands Agricultural Activity Exemption. The construction of temporary farm structures with dirt or fabric floor including a 40’x80’ Pole Barn with horse stalls and workshop; A 20’x80’ Greenhouse; fence without foundations; and a 12’x24’ walk-in horse shelter within the modified agricultural wetlands, which would be part of the ongoing farming operation. 3. Extreme care has been taken to protect all rare animal species. The owner has a letter that serves as a signed statement certifying that the proposed development activities subject of this application will not result in any direct or indirect adverse impacts to bog turtles or to their documented habitat. Bog turtle is not documented from the local area per review of NJDEP Landscape Project Mapping and NJDEP Natural Heritage Program Database correspondence. Furthermore, an inspection of the wetlands on the site by this firm did not reveal the presence of the specialty habitat type required by this species. 4. This is most certainly positioned and perfectly laid out to be an incredible gentleman’s farm, horses, and an equestrian’s enthusiast’s dream…. along with, possible other uses. 5. There is public water and sewer in the street, which the owner is presently in the process of getting permits for the water and sewer taps for the property. 6. The present owner has farmland assessment and exemption from the requirements of freshwater wetlands or open water fill permits. The Q-Farm Lot is 14.38 acres, Block #509, Lot#10. Lot #11 is a one acre ...for the designated home site….for a total of 15.38 acres. 7. Most important, all of the permits have approvals, so this is a turnkey property for those who are seeking a gentleman’s farm, or country flair. 8. The property can be used for equestrian uses. 9. The property grounds is nestled in a very natural setting. Lush natural greenery embraces this property.

Last Agent to Sell the Property

James Moffa

Keller Williams Realty - Marlton Listed on: 02/28/2021

Keller Williams Realty - Marlton

Last Buyer's Agent

James Moffa

Keller Williams Realty - Marlton Listed on: 02/28/2021

Keller Williams Realty - Marlton

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $134

Year Built

  • 1492

Lot Details

  • 14.38 Acre Lot
  • Hunting Land
  • Property is zoned QFARM

Home Design

  • Farm

Interior Spaces

  • Property has 1 Level

Parking

  • Driveway
  • Off-Street Parking

Farming

  • Pasture
  • Horse Farm

Utilities

  • Well
  • Well Permit Applied For
  • Not Applied For Permit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 24-00509-00010-QFARM

Property Details

Property Type

Other

Est. Annual Taxes

$134

Year Built

1492

Lot Details

0

Listing Details

  • Property Type: Farm
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1492
  • Automatically Close On Close Date: No
  • Remarks Public: Approved Gentleman’s Farm. This represents one of the few larger undeveloped property parcels in Mount Laurel. The property 15 acres + is approved for a Gentleman’s Farm and single family residence. You can have it all. A very private setting, perfectly situated, with the mix of luxury living, along with a country flair. With the township's approval, a residence can be built on the property. Once that has been prepared and approved by local and county municipalities construction can begin. Everything is in place for gracious country living, in a suburban environment…with unlimited potential. The area affords access to all the resources needed for the family compound i.e:….recreational activities, restaurants, city art galleries, fine dining, museums, boutique shops, education, horticulture, botanical gardens, etc. It is close to high end medical facilities associated with Jefferson, Penn, Cooper, Fox Chase, etc. This parcel is within close proximity to the high-end Promenade Shopping center, and minutes away from the Cherry Hill & Moorestown Malls, the Market Place at Garden State, and Centerton Square, Moorestown. Excellent Dense and Affluent Demographics surrounded by high income developments in a five-mile radius. Access to numerous points of interest. It is centrally & strategically located in Mount Laurel. It is accessible by I-295, Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway and, close proximity to center Philadelphia and Shore points. Approximately 30 minutes to center Philadelphia. About an hours drive to the Jersey Beaches or New York City, and the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra or Burlington/Bristol Bridges connecting with I-95 & Bucks County. Easily accessible to the Philadelphia International Airport and Atlantic City International Airport, Centrally located in the Tri-State area. 1. A driveway has been approved to access one single-family residence under the Freshwater Wetlands General Permit. 2. The State of NJ has approved a Freshwater Wetlands Agricultural Activity Exemption. The construction of temporary farm structures with dirt or fabric floor including a 40’x80’ Pole Barn with horse stalls and workshop; A 20’x80’ Greenhouse; fence without foundations; and a 12’x24’ walk-in horse shelter within the modified agricultural wetlands, which would be part of the ongoing farming operation. 3. Extreme care has been taken to protect all rare animal species. The owner has a letter that serves as a signed statement certifying that the proposed development activities subject of this application will not result in any direct or indirect adverse impacts to bog turtles or to their documented habitat. Bog turtle is not documented from the local area per review of NJDEP Landscape Project Mapping and NJDEP Natural Heritage Program Database correspondence. Furthermore, an inspection of the wetlands on the site by this firm did not reveal the presence of the specialty habitat type required by this species. 4. This is most certainly positioned and perfectly laid out to be an incredible gentleman’s farm, horses, and an equestrian’s enthusiast’s dream…. along with, possible other uses. 5. There is public water and sewer in the street, which the owner is presently in the process of getting permits for the water and sewer taps for the property. 6. The present owner has farmland assessment and exemption from the requirements of freshwater wetlands or open water fill permits. The Q-Farm Lot is 14.38 acres, Block #509, Lot#10. Lot #11 is a one acre ...for the designated home site….for a total of 15.38 acres. 7. Most important, all of the permits have approvals, so this is a turnkey property for those who are seeking a gentleman’s farm, or country flair. 8. The property can be used for equestrian uses. 9. The property grounds is nestled in a very natural setting. Lush natural greenery embraces this property.
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Not Applied For Permit
  • Water Source: Well Permit Applied For, Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396964
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Crops Included: No
  • Farm Features: Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: General, Horse, Pasture
  • Land Assessed Value: 4500.00
  • Lot Size Acres: 14.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 626393.00
  • Year Assessed: 2021
  • Zoning: QFARM
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1701147
  • Tax Annual Amount: 134.00
  • Assessor Parcel Number: 24-00509-00010-QFARM
  • Tax Lot: 00010
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/08/2022

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Apr 8, 2022
Sold by
Joanne White
Bought by
Tubbs Jeffrey D and Nussbaum Emily
Seller's Agent
James Moffa
Keller Williams Realty - Marlton
Buyer's Agent
James Moffa
Keller Williams Realty - Marlton
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Total Days on Market
269
Current Estimated Value
$408,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,320
Avg. Annual Appreciation
5.35%
Original Mortgage
$245,000
Interest Rate
5.27%
Mortgage Type
New Conventional
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
Tubbs Jeffrey D $350,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nussbaum Emily $1,097,826
Previous Owner Tubbs Jeffrey D $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $350,000 -12.5% --
11/24/2021 11/24/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $399,900 0.0% --
10/04/2021 10/04/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $399,900 -- --
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 $143 $4,800 $4,800 $0
2023 $143 $4,700 $4,700 $0
2022 $136 $4,500 $4,500 $0
2021 $134 $4,500 $4,500 $0
2020 $137 $4,700 $4,700 $0
2019 $136 $4,700 $4,700 $0
2018 $137 $4,800 $4,800 $0
2017 $134 $4,800 $4,800 $0
2016 $132 $4,800 $4,800 $0
2015 $130 $4,800 $4,800 $0
2014 $140 $5,200 $5,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2000154

Bright MLS

APN: 24-00509-0000-00010-0000-QFARM