NOT LISTED FOR SALE

1577 Highway 77 Elmer, NJ 08318

Upper Deerfield Township Neighborhood

Estimated Value: $265,000 - $447,000

4 Beds
1.5 Baths
2,208 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $135,000 $61 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,366/month

90 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Oil Above Ground
  • Wood Flooring

About This Home

As of October 2023

Introducing an Investor's Delight Property in Elmer, NJ! This is 4-bed, 1-bath property. Buyer responsible for TCO and township requirements. Sold ''As-is'' Exercise caution when inside. Incredible investment opportunity with enormous potential. Schedule a viewing today!

Last Agent to Sell the Property

Roman Balandin

Roman Balandin Realty LLC License #1008501 Listed on: 06/29/2023

Co-Listed By

Jennifer Boncic

RE/MAX Homeland Realtors License #1859616

RE/MAX Homeland Realtors

Last Buyer's Agent

Jennifer Boncic

RE/MAX Homeland Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1875

Lot Details

  • 0.39 Acre Lot

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Utilities

  • No Cooling
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-00202-0000-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,024

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 4240
  • Co List Office Phone: 732-786-3838
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1875
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.39
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Foyer Floor - Wood: Yes
  • Cooling None12: Yes
  • Heating Oil Above Ground: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.39
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 13-00202-0000-00022

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Shivshakti Investment Corp
Bought by
Hoffman William
Current Estimated Value
$366,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,606
Outstanding Balance
$341,447
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$25,417

Purchase Details

Listed on
Jun 29, 2023
Closed on
Oct 16, 2023
Sold by
Khoudary Joann
Bought by
Shivshakti Investment Corp
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
Jennifer Boncic
RE/MAX Homeland Realtors
List Price
$200,000
Sold Price
$135,000
Premium/Discount to List
-$65,000
-32.5%
Views
473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.98%
Original Mortgage
$198,305
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1989
Bought by
R+B Associates
Source: Public Records

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
Hoffman William $353,000 Sjs Title
Hoffman William $353,000 Sjs Title
Shivshakti Investment Corp $135,000 None Listed On Document
R+B Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman William $346,606
Closed Hoffman William $346,606
Previous Owner Shivshakti Investment Corp $198,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $135,000 -10.0% $61 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $150,000 -16.7% $68 / Sq Ft
07/10/2023 07/10/23 Price Changed $180,000 -10.0% $82 / Sq Ft
06/29/2023 06/29/23 For Sale $200,000 -- $91 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,052 $211,800 $29,900 $181,900
2024 $5,052 $151,000 $29,900 $121,100
2023 $5,052 $151,000 $29,900 $121,100
2022 $5,034 $151,000 $29,900 $121,100
2021 $4,719 $151,000 $29,900 $121,100
2020 $4,864 $151,000 $29,900 $121,100
2019 $4,719 $151,000 $29,900 $121,100
2018 $1,190 $151,000 $29,900 $121,100
2017 $4,385 $151,000 $29,900 $121,100
2016 $4,281 $151,000 $29,900 $121,100
2015 $4,290 $151,000 $29,900 $121,100
2014 $3,994 $151,000 $29,900 $121,100
Source: Public Records

Agents Affiliated with this Home

  • Roman Balandin

    Seller's Agent in 2023

    Roman Balandin

    Roman Balandin Realty LLC

    (732) 786-3838

    1 in this area

    398 Total Sales

    Roman Balandin
    Section Image
  • Jennifer Boncic

    Seller Co-Listing Agent in 2023

    Jennifer Boncic

    RE/MAX

    (732) 589-8509

    1 in this area

    64 Total Sales

    Jennifer Boncic
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22317756

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00202-0000-00022

New Jersey Cumberland County Elmer 08302 Upper Deerfield Township

1577 Highway 77, Elmer, NJ

This home is located at 1577 Highway 77, Elmer, NJ 08318 since 29 June 2023 and is currently estimated at $366,864, approximately $166 per square foot. This property was built in 1875. 1577 Highway 77 is a home located in Cumberland County with nearby schools including Charles F. Seabrook School, Elizabeth F. Moore School, and Woodruff Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes