$101,700
SOLD OCT 31, 2019

224 E 5th St Florence, NJ 08518

4 Beds
2 Baths
1,848 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

5% Above List Price

78 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of May 2025

Diamond in the rough, great rehab project or flip! Needs work and updating. Best for cash or hard money. Walking distance to River and downtown areas. Listing broker & seller assume no responsibility and make no guarantees, representations, warranties (expressed, implied or otherwise) as to the condition and or use of said property, nor the accuracy or availability of information contained herein. Buyer is responsible for any and all Federal/State/Local inspections and certifications needed to purchase this asset at buyers cost. This is an As-Is Sale, and no repairs or concessions will be made. Oil Tank was removed from yard. No utilities will be turned on. Multiple Offers- Highest And Best due Date Is 10/1/2019 11:59:00 PM MST

Last Agent to Sell the Property

James Barger

Keller Williams Cornerstone Realty License #9808364 Listed on: 07/24/2019

Keller Williams Cornerstone Realty

Last Buyer's Agent

Maryann Rogalski

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,893

Year Built

  • Built in 1935

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Level Lot
  • Open Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,848 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 15-00065-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,893

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: AS-IS
  • Home Warranty: No
  • Inclusions: AS-IS
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1935
  • Remarks Public: Diamond in the rough, great rehab project or flip! Needs work and updating. Best for cash or hard money. Walking distance to River and downtown areas. Listing broker & seller assume no responsibility and make no guarantees, representations, warranties (expressed, implied or otherwise) as to the condition and or use of said property, nor the accuracy or availability of information contained herein. Buyer is responsible for any and all Federal/State/Local inspections and certifications needed to purchase this asset at buyers cost. This is an As-Is Sale, and no repairs or concessions will be made. Oil Tank was removed from yard. No utilities will be turned on. Multiple Offers- Highest And Best due Date Is 10/1/2019 11:59:00 PM MST
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1848
  • Price Per Sq Ft: 52.33
  • Above Grade Finished Sq Ft: 1848
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas Available
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396948
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113500.00
  • Land Assessed Value: 78000.00
  • Lot Features: Level, Open
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1651334
  • Tax Annual Amount: 4893.00
  • Assessor Parcel Number: 15-00065-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1848
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/31/2019

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 5, 2025
Sold by
Jackson Anthony Dewayne and Anyssa Rose
Bought by
Heiss Karl E and Recek Korinne L
Seller's Agent
Lizzie Biddle
Weichert Realtors - Moorestown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.12%
Original Mortgage
$340,000
Outstanding Balance
$339,700
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$70,914

Purchase Details

Listed on
Sep 1, 2020
Closed on
Mar 12, 2021
Sold by
Ndtco
Bought by
Jackson Anthony Dewayne and Jackson Anyssa Rose
Seller's Agent
Maryann Rogalski
Coldwell Banker Realty
Buyer's Agent
Lizzie Biddle
Weichert Realtors - Moorestown
List Price
$297,700
Sold Price
$302,000
Premium/Discount to List
$4,300
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$308,946
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Jul 24, 2019
Closed on
Oct 21, 2019
Sold by
U S Bank National Association
Bought by
Ndtco and Fbo Brian Demarchi Ira
Seller's Agent
James Barger
Keller Williams Cornerstone Realty
Buyer's Agent
Maryann Rogalski
Coldwell Banker Realty
List Price
$96,700
Sold Price
$101,700
Premium/Discount to List
$5,000
5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.32%

Purchase Details

Closed on
Feb 5, 2018
Sold by
Watson Daratunde A
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 5, 2005
Sold by
Grant Turner Tracy
Bought by
Watson Baratunde A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1998
Sold by
Helping Hands Financial Services Inc
Bought by
Grant Turner Tracy

Purchase Details

Closed on
Dec 15, 1997
Sold by
Kuchnicki Edmund J and Kuchnicki Helen M
Bought by
Roebling Svgs Bank Sla Us
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 $425,000 Green Label Title
Bargain Sale Deed $425,000 Green Label Title
Deed $302,000 City Abstract
Limited Warranty Deed $101,700 Foundation Title Llc
Sheriffs Deed -- None Available
Deed $202,500 None Available
Deed $91,000 Freedom Title & Abstract
Deed $60,000 Freedom Title & Abstract
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Closed $340,000 New Conventional
Previous Owner $308,946 VA
Previous Owner $236,000 Balloon
Previous Owner $202,500 Fannie Mae Freddie Mac
Previous Owner $91,946 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $425,000 +3.7% $230 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $410,000 +35.8% $222 / Sq Ft
03/15/2021 03/15/21 Sold $302,000 +1.4% $163 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $297,700 0.0% $161 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/09/2020 12/09/20 Price Changed $297,700 +8.5% $161 / Sq Ft
12/09/2020 12/09/20 For Sale $274,500 0.0% $149 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/11/2020 10/11/20 Price Changed $274,500 0.0% $149 / Sq Ft
10/11/2020 10/11/20 For Sale $274,500 -9.1% $149 / Sq Ft
09/18/2020 09/18/20 Off Market $302,000 -- --
09/01/2020 09/01/20 For Sale $275,000 +170.4% $149 / Sq Ft
10/31/2019 10/31/19 Sold $101,700 +5.2% $55 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $96,700 0.0% $52 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $96,700 -- $52 / 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
2024 $7,281 $272,900 $78,000 $194,900
2023 $7,281 $272,900 $78,000 $194,900
2022 $7,125 $272,900 $78,000 $194,900
2021 $4,956 $191,500 $78,000 $113,500
2020 $4,937 $191,500 $78,000 $113,500
2019 $4,893 $191,500 $78,000 $113,500
2018 $4,851 $191,500 $78,000 $113,500
2017 $4,791 $191,500 $78,000 $113,500
2016 $4,699 $191,500 $78,000 $113,500
2015 $4,604 $191,500 $78,000 $113,500
2014 $4,475 $191,500 $78,000 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL352978

Bright MLS

APN: 15-00065-0000-00015