NOT LISTED FOR SALE

1823 Wabash Ave Northfield, NJ 08225

7 Acres
-- Price per Acre
304,920 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $995,000

922 Days on Market

About This Lot

As of June 2023

Formally used as an approved Construction Business/Yard. Office, shop and storage building on the property. Across from bike path, library and walk to school. Any approvals for the property is the responsibility of the Buyer. No Further Action letter from NJ DEP in Associated Docs. Present Zoning-Non Conforming Use/Residential. Approved 19 lot Residential Subdivision. The City has included this site in their housing plan for higher density, age restricted affordable housing. However they have not yet amended the zoning ordinance, chiefly because they need to upgrade their sewer infrastructure we believe.

Last Listed By

Carlo Losco

BALSLEY/LOSCO License #RB-7854227 Listed on: 12/28/2017

BALSLEY/LOSCO

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,129

Lot Details

  • 7 Acre Lot
  • Property is zoned Business/Shop/Office

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$28,129

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1+ To 5 Acres
  • Lvt Date: 01/02/2018
  • Development Status: Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 7+ acres
  • Number Of Acres: 7
  • Topography: Partially Cleared
  • Zoning: Business/Shop/Office, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jul 18, 2023
Sold by
Gables On Wabash Llc
Bought by
New Jersey Department Of Environmental Protec
Seller's Agent
Carlo Losco
BALSLEY/LOSCO
Buyer's Agent
Rich Suthard
BALSLEY/LOSCO
List Price
$1,150,000
Sold Price
$995,000
Premium/Discount to List
-$155,000
-13.48%
Total Days on Market
922

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jun 23, 2023
Sold by
Mason Properties Llc
Bought by
Gables On Wabash Llc
Seller's Agent
Carlo Losco
BALSLEY/LOSCO
Buyer's Agent
Rich Suthard
BALSLEY/LOSCO
List Price
$1,150,000
Sold Price
$995,000
Premium/Discount to List
-$155,000
-13.48%

Purchase Details

Closed on
Apr 1, 2007
Sold by
Weco Construction Inc
Bought by
Mason Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.23%
Mortgage Type
Commercial

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
New Jersey Department Of Environmental Protec -- None Listed On Document
Gables On Wabash Llc $995,000 Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $995,000 -0.4% --
07/07/2020 07/07/20 Pending -- -- --
03/12/2019 03/12/19 Price Changed $999,000 -13.1% --
12/28/2017 12/28/17 For Sale $1,150,000 -- --
Source: South Jersey Shore Regional 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
2024 $28,129 $783,100 $183,100 $600,000
2023 $27,346 $783,100 $183,100 $600,000
2022 $27,346 $783,100 $183,100 $600,000
2021 $27,056 $783,100 $183,100 $600,000
2020 $27,158 $783,100 $183,100 $600,000
2019 $26,696 $783,100 $183,100 $600,000
2018 $26,218 $783,100 $183,100 $600,000
2017 $35,982 $1,111,600 $784,000 $327,600
2016 $34,549 $1,111,600 $784,000 $327,600
2015 $34,071 $1,111,600 $784,000 $327,600
2014 $32,214 $1,111,600 $784,000 $327,600
Source: Public Records

Agents Affiliated with this Home

  • Carlo Losco

    Seller's Agent in 2023

    Carlo Losco

    BALSLEY/LOSCO

    (609) 293-2976

    67 Total Sales

    Carlo Losco
    Section Image
  • Rich Suthard

    Buyer's Agent in 2023

    Rich Suthard

    BALSLEY/LOSCO

    (609) 226-0400

    80 Total Sales

    Rich Suthard
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 498771

South Jersey Shore Regional MLS

APN: 18-00092-0000-00025

New Jersey Atlantic County Northfield 08225

1823 Wabash Ave, Northfield, NJ

Homes for Sale in Northfield, NJ

This home is located at 1823 Wabash Ave, Northfield, NJ 08225 since 28 December 2017. 1823 Wabash Ave is a home located in Atlantic County with nearby schools including Northfield Community Elementary School, Northfield Community Middle School, and Mainland Regional High School.

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