NOT LISTED FOR SALE

148 Sherron Ave Salem, NJ 08079

Estimated Value: $170,000 - $300,000

3 Beds
1 Bath
1,068 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $55,000 $51 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,611/month

9 Days on Market

About This Home

As of March 2022

This is a portfolio company pending acquisition. You can purchase the property to be completed to your specification at a sales price to be agreed to with a desired level of finish. This asset can also be purchased as is where is prior to the finish schedule as an assignment of contract. This is currently marketed and sold under equitable interest terms. This property is sold as-is where-is currently. There are no records or reports. Any inaccuracies are not the liabilities of the seller; the buyer is responsible for their own due diligence. The listing agent has an ownership interest in the investment firm

Last Listed By

David Ralic

Society License #340342 Listed on: 02/08/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 120.00 x 175.00
  • Zoning described as Buyer responsible for their own due diligence. Please call the local municipality to confirm zoning

Home Design

  • Frame Construction

Interior Spaces

  • 1,068 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 12-00011-00009

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property of the seller/owner
  • Home Warranty: No
  • Inclusions: As-is where is. Property may be left with contents post closing. Buyer assumes responsibility to clean out.
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: This is a portfolio company pending acquisition. You can purchase the property to be completed to your specification at a sales price to be agreed to with a desired level of finish. This asset can also be purchased as is where is prior to the finish schedule as an assignment of contract. This is currently marketed and sold under equitable interest terms. This property is sold as-is where-is currently. There are no records or reports. Any inaccuracies are not the liabilities of the seller; the buyer is responsible for their own due diligence. The listing agent has an ownership interest in the investment firm
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1068
  • Living Area Sq Ft: 1068
  • Price Per Sq Ft: 51.50
  • Above Grade Finished Sq Ft: 1068
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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

Utilities

  • Central Air Conditioning: No
  • 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: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 83500.00
  • Land Assessed Value: 24800.00
  • Lot Size Acres: 0.48
  • Lot Dimensions: 120.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21000.00
  • Year Assessed: 2021
  • Zoning Description: Buyer responsible for their own due diligence. Please call the local municipality to confirm zoning

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2213743
  • Tax Annual Amount: 3424.00
  • Assessor Parcel Number: 12-00011-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/03/2022

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Prime Property Solutions Llc
Bought by
Dreamland Home And Resort Llc
Total Days on Market
9
Current Estimated Value
$232,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,458
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$74,858

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 3, 2022
Sold by
John Haiduck Sr
Bought by
Prime Property Solutions Llc
Seller's Agent
David Ralic
Society
Buyer's Agent
David Ralic
Society
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-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
55.80%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dreamland Home And Resort Llc $250,000 Homestead Title
Prime Property Solutions Llc $45,000 Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreamland Home And Resort Llc $150,000
Previous Owner Prime Property Solutions Llc $122,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $55,000 0.0% $51 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/11/2022 02/11/22 Price Changed $55,000 -15.4% $51 / Sq Ft
02/08/2022 02/08/22 For Sale $65,000 -- $61 / 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
2024 $3,819 $108,300 $24,800 $83,500
2023 $3,819 $108,300 $24,800 $83,500
2022 $3,565 $108,300 $24,800 $83,500
2021 $2,252 $108,300 $24,800 $83,500
2020 $3,095 $108,300 $24,800 $83,500
2019 $3,425 $128,800 $44,800 $84,000
2018 $3,387 $128,800 $44,800 $84,000
2017 $3,417 $128,800 $44,800 $84,000
2016 $3,331 $128,800 $44,800 $84,000
2015 $3,137 $128,800 $44,800 $84,000
2014 $3,049 $128,800 $44,800 $84,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Salem, NJ

  • 310 Keasbey St, Salem, NJ 08079

    $258,000

    • 3 Beds
    • 1.5 Baths
    • 1,652 Sq Ft
    • 310 Keasbey St
    • Salem, NJ

    Welcome home to 310 Keasbey st!! This 3 bedroom 1.5 bath home is ready for you to move right in! Situated on a quiet street in up and coming Salem you will love all this home has to offer! Pull into your large driveway and park in your 2 car garage! Inside the home you will find new vinyl flooring throughout with plenty of windows for natural lighting! The brand new kitchen boasts a new stainless

    Bradley Perez Real Broker, LLC

    Section Image
  • 10 Davis Ave, Salem, NJ 08079

    $279,900

    • 4 Beds
    • 2 Baths
    • 2,685 Sq Ft
    • 10 Davis Ave
    • Salem, NJ

    Welcome to this beautifully renovated 4-bedroom, 2-bathroom home in the heart of Salem City, NJ! This charming property has been thoughtfully updated to blend modern comforts with timeless appeal. Upon entering, you’ll be greeted by a spacious open floor plan, featuring an inviting living room with abundant natural light and a seamless flow into the dining area. The kitchen boasts brand-new

    SHANNON OBERMAN Better Homes and Gardens Real Estate Maturo

    Section Image
  • 316 Fenwick Ave, Salem, NJ 08079

    $179,999

    • 2 Beds
    • 1 Bath
    • 1,440 Sq Ft
    • 316 Fenwick Ave
    • Salem, NJ

    Welcome to this delightful home in Salem, NJ! With two bedrooms, one bathroom, and an abundance of potential, this property is a wonderful opportunity to create a space that feels uniquely yours. Recent upgrades include a brand-new kitchen and fresh flooring throughout, offering a modern and polished starting point while leaving room for your personal touch. As you step inside, you’ll immediately

    Joe Polidoro Society

    Section Image
  • 324 E Broadway, Salem, NJ 08079

    $185,000

    • 4 Beds
    • 2 Baths
    • 2,520 Sq Ft
    • 324 E Broadway
    • Salem, NJ

    Price Adjustment!! This Charming and spacious 2 Story home has a lot to offer. 4 bedrooms, 2 full baths, Living room with decorative fireplace, Dining room. Full basement and walk up attic. The interior staircase is front to back leading to the kitchen. The floors are original plank wood. If you are looking for plenty of space this boasts 2520sq ft. Outside features include a garage and a back

    Kellyann Peterson Better Homes and Gardens Real Estate Maturo

    Section Image
  • 207 9th St, Salem, NJ 08079

    $190,000

    • 3 Beds
    • 1.5 Baths
    • 1,562 Sq Ft
    • 207 9th St
    • Salem, NJ

    Don’t miss this great opportunity! This charming three-bedroom, one-and-a-half-bath home offers a bright and welcoming layout with plenty of space for everyday living. Enjoy a large living room, an eat-in kitchen, and a convenient half bath on the main floor. Upstairs, three spacious bedrooms and a full bath provide comfortable accommodations. The detached garage is perfect for parking, storage,

    Jennifer Derevlany Coldwell Banker Realty

    Section Image
  • 106 7th St, Salem, NJ 08079

    $170,000

    • 4 Beds
    • 1.5 Baths
    • 816 Sq Ft
    • 106 7th St
    • Salem, NJ

    Welcome to this charming 4 bed, 1.5 bath home offering a perfect blend of comfort and convenience. Situated in a friendly neighborhood, this well-maintained property is move in ready and ideal for families, first time home buyers or anyone looking for extra space. Inside you will find a bright and inviting living area, a functional kitchen with plenty of storage, and generously sized bedrooms.

    Kenneth LePosa Coldwell Banker Realty

    Section Image
  • 93 7th St, Salem, NJ 08079

    $179,999

    • 6 Beds
    • 2.5 Baths
    • 2,042 Sq Ft
    • 93 7th St
    • Salem, NJ

    Exterior Painting Underway! Kitchen Updates Nearly Complete!Welcome to 93 7th St., a beautifully revitalized Victorian home that seamlessly blends timeless charm with modern updates. This rare gem sits on a spacious corner lot and offers over 2,000 sq. ft. of living space, providing an abundance of room for comfortable living.Featuring 5 to 6 generously sized bedrooms, this home is designed to

    John Rinick Prime Realty Partners

    Section Image
  • 4 Walnut St, Salem, NJ 08079

    $265,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft
    • 4 Walnut St
    • Salem, NJ

    SELLER OFFERING $5000 CREDIT FOR BUYER TO BUY DOWN RATE (INCLUDED IN PRICE)!!!! For cash buyers - price would just become 260,000–USDA AREA, qualified for 0% down , call us about special financing. Welcome to 4 Walnut- private corner lot - Brand new SS appliances - Quartz tops - Luxury Vinyl Planks throughout - EE hit hat lighting - New roof and siding - 6 panel solid doors - Buying agent

    jeffrey pilla Tesla Realty Group LLC

    Section Image

Source: Bright MLS

MLS Number: NJSA2002780

Bright MLS

APN: 12-00011-0000-00009