1625 5th St Ewing, NJ 08638
Prospect Neighborhood
2
Beds
1
Bath
976
Sq Ft
6,080
Sq Ft Lot
Highlights
- Rambler Architecture
- No HOA
- Heating Available
About This Home
As of July 2025Investor Special with Endless Potential!
This 2-bedroom, 1-bath home is a prime opportunity for investors or builders. Whether you're planning a full renovation or a brand-new build, this property is ready for transformation. Architect plans are available for new construction, including the option to build a two-family home.
Situated in a well-established Ewing neighborhood, it offers easy access to major highways, schools, shopping, and public transit. The lot features two driveways and a private entrance on the right side of the house, enhancing both value and accessibility.
Whether you choose to restore the existing structure or start fresh, this is a rare chance to bring your vision to life in a promising location. With the right vision and some TLC, the possibilities are endless. Property is strictly sold as-is
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,121
Year Built
- Built in 1955
Lot Details
- 6,080 Sq Ft Lot
- Lot Dimensions are 40.00 x 152.00
Home Design
- Rambler Architecture
- Slab Foundation
- Frame Construction
Interior Spaces
- 976 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Public Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00157
- Assessor Parcel Number 02-00047-00157
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Jul 29, 2024
Sold by
Kelvy Raymond A and Kelvy Joan J
Bought by
New Age Renovation Llc and Kelvy
Seller's Agent
Sharon Roman
Corcoran Sawyer Smith
Buyer's Agent
Sharon Roman
Corcoran Sawyer Smith
List Price
$99,900
Sold Price
$133,000
Premium/Discount to List
$33,100
33.13%
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.75%
Original Mortgage
$242,915
Outstanding Balance
$241,202
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
-$71,676
Purchase Details
Closed on
Nov 15, 2001
Sold by
Kelvy Raymond
Bought by
Nuttall Frederick
Purchase Details
Closed on
Oct 16, 1996
Sold by
Metropolitan Sav Bank
Bought by
Kelvy Raymond A and Kelvy Joan J
Purchase Details
Closed on
Sep 12, 1991
Sold by
Colby Patricia M
Bought by
Baez Jon N
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-
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $133,000 | American Land Title | |
| Deed | $45,000 | -- | |
| Deed | $29,900 | -- | |
| Deed | $15,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,915 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $152,500 | +9.7% | $156 / Sq Ft |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $139,000 | +4.5% | $142 / Sq Ft |
| 08/15/2024 08/15/24 | Sold | $133,000 | +33.1% | $136 / Sq Ft |
| 06/30/2024 06/30/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $99,900 | -- | $102 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,874 | $104,800 | $44,800 | $60,000 |
| 2023 | $3,874 | $104,800 | $44,800 | $60,000 |
| 2022 | $3,770 | $104,800 | $44,800 | $60,000 |
| 2021 | $3,677 | $104,800 | $44,800 | $60,000 |
| 2020 | $3,375 | $104,800 | $44,800 | $60,000 |
| 2019 | $3,531 | $104,800 | $44,800 | $60,000 |
| 2018 | $3,650 | $69,100 | $23,400 | $45,700 |
| 2017 | $3,735 | $69,100 | $23,400 | $45,700 |
| 2016 | $3,684 | $69,100 | $23,400 | $45,700 |
| 2015 | $3,385 | $69,100 | $23,400 | $45,700 |
| 2014 | $3,192 | $65,600 | $23,400 | $42,200 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Boutros
Seller's Agent in 2025
Peter Boutros
EXP Realty, LLC
(201) 831-7697
1 in this area
202 Total Sales
-
Carlene Herring
Buyer's Agent in 2025
Carlene Herring
Radiance Realty & Associates
(609) 963-7582
6 in this area
38 Total Sales
-
Sharon Roman
S
Seller's Agent in 2024
Sharon Roman
Corcoran Sawyer Smith
(609) 306-0351
1 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2061202
APN: 02-00047-0000-00157
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