$1,100,000
SOLD JUL 30, 2018
59 Acres
$18,562 Price per Acre
2,581,366 Sq Ft Lot

Recently Sold

27% Below List Price

366 Days on Market

Highlights

  • 59.26 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom

About This Lot

As of July 2018

Check out this prime industrial development opportunity of +/- 60 acres of land in East Greenwich Twp. Currently zoned B-2 (Interstate Business), this property is perfect for warehousing, storage facilities, offices, hotels, restaurants, banks, light fabrication shops, and contractor/construction yards. Located just minutes from I-295 and the NJ Turnpike-- getting to Philadephia, Delaware, the Jersey Shore, etc is a breeze! With nearly 60 acres bundled into this parcel; the sky's the limit for an industrial developer looking to take on such a large project.

Last Agent to Sell the Property

Brandon Hedenberg

Hedenberg Real Estate Company LLC License #1752988 Listed on: 06/05/2017

Last Buyer's Agent

Brandon Hedenberg

Hedenberg Real Estate Company LLC License #1752988 Listed on: 06/05/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,734

Lot Details

  • 59.26 Acre Lot
  • Rural Setting
  • The property's topography is level
  • Property is zoned B-2

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003-QFARM
  • Assessor Parcel Number 03-00201-00003-QFARM

Property Details

Property Type

Land

Est. Annual Taxes

$31,734

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.58
  • Street Number Modifier: 198

Exterior Features

  • Road Surface Type: Us Highway/Interstate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Water Available, Sewer Available, Electric Available, Phone Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EAST GREENWICH TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396131

Lot Info

  • Lot Features: Rural
  • Lot Size Acres: 59.26
  • Lot Dimensions: 2391, LotWidth:2391
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2581365.00
  • Soil Types: Loam
  • Topography: Level
  • Zoning: B-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 72.00
  • Assessor Parcel Number: 03-00201-00003-QFARM
  • Tax Lot: 00003-QFARM
  • Tax Year: 2017
  • Close Date: 07/30/2018

MLS Schools

  • School District Name: EAST GREENWICH TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Knight Owl Holdings V Llc
Bought by
Duke Realty Democrat Road Urban Renewal Llc

Purchase Details

Closed on
Dec 10, 2021
Sold by
Knight Owl Holdings V Llc
Bought by
Duke Rlty Democrat Road Urban Renewal Ll

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 30, 2018
Sold by
530 Porchtown Rd Llc
Bought by
Knight Owl Holdings V Llc
Seller's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
Buyer's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Kintzing Scott H and Kintzing Maryann H
Bought by
530 Porchtown Rd Llc

Purchase Details

Closed on
Apr 14, 2006
Sold by
Manchester Machinery & Salvage
Bought by
Nz-530 Porchtown Road Llc
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 Type Sale Price Title Company
Bargain Sale Deed $27,095,000 First American Title
Bargain Sale Deed $27,095,000 First American Title Ins Co
Deed $1,100,000 Foundation Title
Sheriffs Deed -- Attorney
Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $1,100,000 -26.7% --
06/06/2018 06/06/18 Pending -- -- --
06/05/2017 06/05/17 For Sale $1,500,000 -- --
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
2024 $31,734 $1,031,000 $1,031,000 $0
2023 $31,734 $1,031,000 $1,031,000 $0
2022 $30,227 $1,010,600 $1,010,600 $0
2021 $30,429 $1,010,600 $1,010,600 $0
2020 $30,571 $1,010,600 $1,010,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000363055

Bright MLS

APN: 03-00201-0000-00002