NOT LISTED FOR SALE

155 Locust Ave Salem, NJ 08079

Estimated Value: $254,000 - $429,000

2 Beds
1 Bath
1,344 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $223,000 $166 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,235/month

17 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Sandy Beach
  • River View
  • Access to Tidal Water
  • Fishing Allowed
  • Coastal Architecture

About This Home

As of October 2021

WATERFRONT LIVING - Riverfront living is a lifestyle! Historic home (former Pilot house apparently floated from Delaware City). Cute as a button. Two good sized bedrooms, oil baseboard heat and electric baseboard heat. Newer roof shingles, replacement windows. Enjoy the cool breeze off the water. Whether this will be your second home or a primary residence there is nothing quite like living on the water.

Last Agent to Sell the Property

Carol M Smith

(856) 678-5533 mahoney.realty@yahoo.com Mahoney Realty Pennsville, LLC License #7943294 Listed on: 08/30/2021

Last Buyer's Agent

Vincent Grova

(856) 678-4663 pinoagency1@gmail.com Pino Agency License #1752643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1920

Lot Details

  • 58 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 2 Levels
  • Replacement Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • River Views
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Storm Doors
  • Flood Lights

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway
  • Dirt Driveway

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • River Nearby
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted
  • Patio
  • Rain Gutters
  • Porch

Location

  • Flood Risk

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 150 Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • On Site Septic

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 04-00016-00009

Community Details

Overview

  • No Home Owners Association
  • Oakwood Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,014

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Inclusions: Kitchen appliances
  • New Construction: No
  • Story List: Lower 2, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Refrigerator, Microwave
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Combination Kitchen/Dining
  • Window Features: Replacement
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 167.41
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • 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: Vinyl Siding
  • Exterior Features: Gutter System, Flood Lights
  • Roof: Architectural Shingle
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 58

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Dirt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91100.00
  • Land Assessed Value: 122000.00
  • Lot Dimensions: 39.00 x 188.00 IRR
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 2194501
  • Tax Annual Amount: 6014.00
  • Assessor Parcel Number: 04-00016-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 15, 2021
Sold by
Simpkins Betty A
Bought by
Mcdermott Matthew
Seller's Agent
Carol M Smith
Mahoney Realty Pennsville, LLC
Buyer's Agent
Vincent Grova
Pino Agency
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$326,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,287
Avg. Annual Appreciation
9.19%
Original Mortgage
$200,700
Outstanding Balance
$183,020
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$143,267

Purchase Details

Closed on
Jun 24, 1981
Bought by
Simpkins James C and Simpkins Betty A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcdermott Matthew $223,000 West Jersey Title Agency
Simpkins James C $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Matthew $200,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $223,000 -0.9% $166 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $225,000 -- $167 / Sq Ft
Source: Bright MLS

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 $6,649 $213,100 $122,000 $91,100
2024 $6,301 $213,100 $122,000 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000962

Bright MLS

APN: 04-00016-0000-00009

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