NOT LISTED FOR SALE

1603 Pennsauken St Cinnaminson, NJ 08077

Estimated Value: $81,143

0.12 Acre
$676,192 Price per Acre
5,355 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $70,000 $66 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $611/month

56 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Creek or Stream View
  • Creek or Stream
  • Cinnaminson High School Rated A-
  • No HOA

About This Lot

As of August 2022

Perfect spot to build your waterfront home. Located at the back of a nice established neighborhood. Previous older home was removed so it's a clean slate for new owner. We do have plans that present owner had done by an architect to build a new home if buyer is interested but they would have to sign a hold harmless and get the final approvals. Water , electric and sewer are all available. Backs to Pennsauken Creek. ***Present dock is unstable so DO NOT try to use or allow children on it. **

Last Agent to Sell the Property

Debra Caporale

Weichert Realtors - Moorestown Listed on: 06/14/2022

Weichert Realtors - Moorestown

Last Buyer's Agent

Debra Caporale

Weichert Realtors - Moorestown Listed on: 06/14/2022

Weichert Realtors - Moorestown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,900

Lot Details

  • 5,355 Sq Ft Lot
  • Lot Dimensions are 85.00 x 63.00
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Cleared Lot

Location

  • Flood Risk
  • Suburban Location

Schools

  • Cinnaminson Middle School
  • Cinnaminson High School

Additional Features

  • Creek or Stream Views
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 08-01925-00015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Canoe or Kayak Water Access
  • Private Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential, Vacant
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Perfect spot to build your waterfront home. Located at the back of a nice established neighborhood. Previous older home was removed so it's a clean slate for new owner. We do have plans that present owner had done by an architect to build a new home if buyer is interested but they would have to sign a hold harmless and get the final approvals. Water , electric and sewer are all available. Backs to Pennsauken Creek. ***Present dock is unstable so DO NOT try to use or allow children on it. **
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 13.07
  • Street Number Modifier: 1603

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Pennsauken Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS
  • Middle School: CINNAMINSON
  • High School: CINNAMINSON
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396950
  • School District Source: 3rd Party
  • High School: CINNAMINSON
  • Middle Or Junior School: CINNAMINSON

Lot Info

  • Additional Parcels: No
  • Lot Count: 1
  • Lot Features: Cleared
  • Lot Size Acres: 0.12
  • Lot Dimensions: 85.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5355.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: RESID
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1618001
  • Tax Annual Amount: 1900.00
  • Assessor Parcel Number: 08-01925-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/29/2022

MLS Schools

  • School District Name: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 24, 2022
Sold by
Hagen Properties Llc
Bought by
Carvalho Carpentry Inc
Seller's Agent
Debra Caporale
Weichert Realtors - Moorestown
Buyer's Agent
Debra Caporale
Weichert Realtors - Moorestown
List Price
$98,500
Sold Price
$70,000
Premium/Discount to List
-$28,500
-28.93%
Views
4
Current Estimated Value
$81,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,143
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 15, 2020
Sold by
Schlear Jennifer
Bought by
Hagen Properties Llc
Seller's Agent
Jeff George
BHHS Fox & Roach-Cherry Hill
Buyer's Agent
Frank Gallagher
Hometown Realty Associates, LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%

Purchase Details

Closed on
Apr 15, 2020
Sold by
Schlear Jennifer
Bought by
Hagen Properties Llc

Purchase Details

Listed on
Oct 26, 2017
Closed on
Feb 12, 2018
Sold by
U S Bank National Association
Bought by
Schlear Jennifer
Seller's Agent
Nicole Sommese
Tesla Realty Group LLC
Buyer's Agent
ROBERT A. Hoge
Real Broker, LLC
List Price
$62,400
Sold Price
$33,500
Premium/Discount to List
-$28,900
-46.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
May 23, 2016
Sold by
Mickles Rudolph
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 31, 2006
Sold by
Meyers Frederick L
Bought by
Mickles Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,800
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2003
Sold by
Brown Linda L and Brown Bruce R
Bought by
Meyers Frederick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 18, 1996
Sold by
Carnuccio Lucy and Carnuccio Joseph
Bought by
Tusano Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carvalho Carpentry Inc $70,000 --
Hagen Properties Llc $50,000 None Available
Hagen Properties Llc $50,000 None Listed On Document
Schlear Jennifer $33,500 Westcor Land Title Ins Co
U S Bank National Association -- Attorney
Mickles Rudolph $169,000 Surety Title Corporation
Meyers Frederick L $155,000 --
Tusano Linda $90,500 Medford Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mickles Rudolph $33,800
Previous Owner Mickles Rudolph $135,200
Previous Owner Meyers Frederick L $155,000
Previous Owner Tusano Linda $70,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $70,000 -12.5% $66 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $80,000 -18.8% $76 / Sq Ft
06/14/2022 06/14/22 For Sale $98,500 +97.0% $93 / Sq Ft
06/18/2020 06/18/20 Sold $50,000 -27.5% $47 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $69,000 -1.3% $65 / Sq Ft
05/17/2020 05/17/20 Price Changed $69,900 -0.1% $66 / Sq Ft
05/05/2020 05/05/20 Price Changed $69,999 -6.5% $66 / Sq Ft
04/28/2020 04/28/20 Price Changed $74,900 -0.1% $71 / Sq Ft
04/18/2020 04/18/20 For Sale $75,000 +123.9% $71 / Sq Ft
02/23/2018 02/23/18 Sold $33,500 -16.0% $32 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $39,900 -19.2% $38 / Sq Ft
12/09/2017 12/09/17 Price Changed $49,400 -9.2% $47 / Sq Ft
11/06/2017 11/06/17 Price Changed $54,400 -12.8% $52 / Sq Ft
10/26/2017 10/26/17 For Sale $62,400 -- $59 / 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 $2,007 $52,700 $52,700 --
2024 $1,959 $52,700 $52,700 $0
2023 $1,959 $52,700 $52,700 $0
2022 $1,916 $52,700 $52,700 $0
2021 $4,736 $131,300 $52,700 $78,600
2020 $4,690 $131,300 $52,700 $78,600
2019 $4,624 $131,300 $52,700 $78,600
2018 $4,592 $131,300 $52,700 $78,600
2017 $4,544 $131,300 $52,700 $78,600
2016 $4,481 $131,300 $52,700 $78,600
2015 $4,339 $131,300 $52,700 $78,600
2014 $4,132 $131,300 $52,700 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2027742

Bright MLS

APN: 08-01925-0000-00015