NOT LISTED FOR SALE

159 River Ln Salem, NJ 08079

Estimated Value: $225,000 - $364,000

2 Beds
2 Baths
1,160 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $197,500 $170 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,990/month

91 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Private Beach
  • Fishing Allowed
  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Bay View

About This Home

As of October 2019

You'll love coming home to this gorgeous beachfront property! The landscaped yard will welcome you in, but the captivating panoramic view of the water will make you want to stay. The large patio is perfect for entertaining guests at a summer cookout. This beautiful home is remodeled to perfection! Here are just a few of its wonderful newer features: kitchen cabinets, Stonemaster countertops in kitchen & bathrooms, flooring (entryway, dining room, sitting area, kitchen & bathrooms), light & fan fixtures, pellet stove. New 1 year old architectural shingled roof with a 30 year transferable warranty. Newer detached 12'x24' garage/shed. This property won't last long. Make your appointment today...Call the listing agent, Dawn Bishop, at 856-628-1308

Last Agent to Sell the Property

Dawn Bishop

(856) 628-1308 dawn.bishop@foxroach.com BHHS Fox & Roach-Mullica Hill North Listed on: 06/27/2019

BHHS Fox & Roach-Mullica Hill North

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1923

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50.00 x 231.00
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Public Beach
  • Southeast Facing Home
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Front Yard
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 6 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Bay
  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Cottage
  • Bungalow
  • Architectural Shingle Roof
  • Vinyl Siding
  • CPVC or PVC Pipes

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Casement Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Extra Refrigerator or Freezer

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted
  • Patio
  • Wood or Metal Shed

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00025 07
  • Assessor Parcel Number 04-00023-00025 07

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Bungalow, Coastal
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Furniture
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Pellet Stove, Convection Oven
  • New Construction: No
  • Story List: Main
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Front Loading, Dryer - Electric, Dual Flush Toilets, Extra Refrigerator/Freezer, Microwave, Oven - Self Cleaning, Washer - Front Loading, Water Heater
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Flat, Primary Bath(s), Primary Bedroom - Bay Front
  • Window Features: Casement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1160
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 168.88
  • Above Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Wood/Metal Shed
  • Construction Materials: Vinyl Siding, Concrete, Cpvc/Pvc
  • Exterior Features: Private Beach
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay, River, Scenic Vista, Panoramic, Water
  • Water Access Features: Fishing Allowed, Personal Watercraft (PWC), Swimming Allowed, Public Beach, Private Access, Sail, Canoe/Kayak, Boat - Powered, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Gravel Driveway, Paved Driveway, Private
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 90000.00
  • Lot Features: Level, Irregular, Landscaping, Bulkheaded, Front Yard
  • Lot Size Acres: 0.27
  • Lot Dimensions: 50.00 x 231.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11550.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good, Good
  • Soil Types: Mixed, Sandy
  • Zoning: RES

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2194692
  • Tax Annual Amount: 4347.00
  • Assessor Parcel Number: 04-00023-00025 07
  • Tax Lot: 00025 07
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Oct 30, 2019
Sold by
Vanderslice Michael W and Vanderslice Karenrae
Bought by
Tompkins Jeanne
Seller's Agent
Dawn Bishop
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$209,000
Sold Price
$197,500
Premium/Discount to List
-$11,500
-5.5%
Current Estimated Value
$299,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,722
Avg. Annual Appreciation
7.04%
Original Mortgage
$191,912
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 22, 2015
Sold by
Emerson Jonathan and Emerson Margaret E
Bought by
Vanderslice Michael W and Vanderslice Karenrae
Seller's Agent
David Wright
Mahoney Realty Pennsville, LLC
Buyer's Agent
Dawn Bishop
BHHS Fox & Roach-Mullica Hill North
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$165,280
Interest Rate
3.84%
Mortgage Type
VA

Purchase Details

Closed on
Nov 21, 2003
Sold by
Desmond Joseph J
Bought by
Emerson Margaret E and Jonathan Emerson S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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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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
Tompkins Jeanne $197,500 None Available
Vanderslice Michael W $160,000 Heritage Title
Emerson Margaret E $165,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tompkins Jeanne $191,912
Previous Owner Vanderslice Michael W $165,280
Previous Owner Emerson Margaret E $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2019 10/30/19 Sold $197,500 +0.8% $170 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $195,900 -2.0% $169 / Sq Ft
08/07/2019 08/07/19 Price Changed $199,900 -3.0% $172 / Sq Ft
08/05/2019 08/05/19 Price Changed $206,000 -1.4% $178 / Sq Ft
06/27/2019 06/27/19 For Sale $209,000 +30.6% $180 / Sq Ft
06/22/2015 06/22/15 Sold $160,000 -20.0% $138 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $199,900 -- $172 / 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 $4,992 $160,000 $90,000 $70,000
2024 $4,731 $160,000 $90,000 $70,000
2023 $4,731 $160,000 $90,000 $70,000
2022 $4,613 $160,000 $90,000 $70,000
2021 $4,570 $160,000 $90,000 $70,000
2020 $4,515 $160,000 $90,000 $70,000
2019 $4,451 $160,000 $90,000 $70,000
2018 $4,347 $160,000 $90,000 $70,000
2017 $4,259 $160,000 $90,000 $70,000
2016 $4,104 $160,000 $90,000 $70,000
2015 $3,875 $160,000 $90,000 $70,000
2014 $5,457 $232,900 $112,800 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA134790

Bright MLS

APN: 04-00023-0000-00025-07