NOT LISTED FOR SALE
7 Acres
-- Price per Acre
304,920 Sq Ft Lot

Sale Details

Date 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 Agent to Sell the Property

Carlo Losco

BALSLEY/LOSCO Listed on: 12/28/2017

Last Buyer's Agent

Rich Suthard

BALSLEY/LOSCO

BALSLEY/LOSCO
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Property Details

Property Type

  • Land

Lot Details

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

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

7 Acres

Listing Details

  • Class: Lots/Land
  • Type: 1+ To 5 Acres
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jul 18, 2023
Sold by
Bought by
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

Listed on
Dec 28, 2017
Closed on
Jun 23, 2023
Sold by
Bought by
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
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$995,000 Old Republic Title
$650,000 None Available
$650,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,918 $183,100 $183,100
2025 $28,129 $183,100 $183,100
2024 $27,761 $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

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 498771

South Jersey Shore Regional MLS

APN: 18-00092-0000-00025

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