Seller's Agent in 2025
Robert Bailey
Excel Realty & Property Management
(856) 430-1381
73 Total Sales
225 Malaga Park Dr Malaga, NJ 08328
Franklin AreaEstimated Value: $338,000 - $393,345
3
Beds
2
Baths
1,392
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Lake View
- Backs to Trees or Woods
- Fishing Allowed
- Raised Ranch Architecture
- 5-minute walk to Malaga Lake Park
About This Home
As of April 2025Recently rehabbed and ready for new owners, this charming 3-bedroom, 2-bathroom home offers an opportunity to live on the water, with majestic Malaga Lake right in your backyard. Inside, you will find a thoughtful floor plan, a large living area, new flooring, and all new appliances. The modern kitchen is fully equipped with granite countertops, ample cabinetry, and stainless steel appliances, ideal for preparing meals while enjoying the view.
The main bedroom has its own en-suite bathroom featuring a brand new whirlpool style tub. Two additional well-sized bedrooms provide comfort and versatility, perfect for family members, guests, or even a home office. A second full bathroom ensures convenience for everyone.
The unfinished basement offers incredible potential for transformation, with large windows framing a lake view with natural light flooding the space . The generous 9-foot ceilings provide ample headroom, creating an open and airy feel that is rare for basements. With these key features, this space is primed to become a bright and inviting living area, home office, or entertainment room—whatever your vision may be. The large windows and picturesque lake backdrop set the stage for creating a truly exceptional, multi-functional space that seamlessly blends with the beauty of the outdoors. Outside, the backyard is a nature lover’s paradise, ideal for enjoying morning coffee or evening sunsets overlooking the lake. Whether you enjoy kayaking, birdwatching, or simply unwinding by the water, this home offers a unique opportunity to embrace the beauty of lakeside living. Conveniently located near Routes 55, 40, and 47 yet tucked away in a peaceful setting, this home provides the perfect balance of comfort, style, and nature.
Last Agent to Sell the Property
(856) 226-3311 jaynacordell@gmail.com Excel Realty & Property Management License #1120103 Listed on: 01/23/2025
Co-Listed By
(856) 226-3311 jaynacordell@gmail.com Excel Realty & Property Management License #0346305
Last Buyer's Agent
(856) 227-1950 khansbury@weichertrealtors.net Weichert Realtors-Turnersville License #0560961
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,842
Year Built
- Built in 2004 | Remodeled in 2024
Lot Details
- 25,700 Sq Ft Lot
- Lot Dimensions are 100x 250
- 100 Feet of Waterfront
- Irregular Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is in very good condition
- Property is zoned HCMV
Home Design
- Raised Ranch Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,392 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Lake Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 5 Parking Spaces
- 5 Driveway Spaces
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a lake
- Electric Motor Boats Only
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Well
- Natural Gas Water Heater
- On Site Septic
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 05-04904-00010
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing Allowed
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
Closed on
Feb 27, 2026
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
0.0609%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 23, 2025
Closed on
Apr 8, 2025
Sold by
Bought by
Seller's Agent
Robert Bailey
Excel Realty & Property Management
Buyer's Agent
Laura Tucker
Weichert Realtors-Turnersville
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
107
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$12,775
Interest Rate
0.094%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2024
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
$144,375
Interest Rate
0.0647%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2004
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
$149,400
Interest Rate
0.0571%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | American Land Title | ||
| $365,000 | First American Title | ||
| $192,500 | Homestead Title | ||
| $29,500 | -- | ||
| $11,800 | Beacon Title Services Agency |
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 |
|---|---|---|---|
| Open | $361,000 | ||
| Previous Owner | $12,775 | ||
| Previous Owner | $358,388 | ||
| Previous Owner | $144,375 | ||
| Previous Owner | $149,400 |
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 |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $365,000 | -5.2% | $262 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 01/23/2025 01/23/25 | For Sale | $385,000 | -- | $277 / Sq Ft |
Source: Bright 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 | $8,035 | $204,500 | $37,500 | $167,000 |
| 2025 | $8,035 | $204,500 | $37,500 | $167,000 |
| 2024 | $7,659 | $204,500 | $37,500 | $167,000 |
| 2023 | $7,659 | $204,500 | $37,500 | $167,000 |
| 2022 | $7,331 | $204,500 | $37,500 | $167,000 |
| 2021 | $7,331 | $204,500 | $37,500 | $167,000 |
| 2020 | $7,237 | $204,500 | $37,500 | $167,000 |
| 2019 | $7,141 | $204,500 | $37,500 | $167,000 |
| 2018 | $7,037 | $204,500 | $37,500 | $167,000 |
| 2017 | $6,908 | $204,500 | $37,500 | $167,000 |
| 2016 | $6,881 | $204,500 | $37,500 | $167,000 |
| 2015 | $6,601 | $204,500 | $37,500 | $167,000 |
| 2014 | $6,346 | $204,500 | $37,500 | $167,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Bailey
-
Nicholas Jacoby
Seller Co-Listing Agent in 2025
Nicholas Jacoby
Excel Realty & Property Management
(609) 214-4726
54 Total Sales
-
Laura Tucker
Buyer's Agent in 2025
Laura Tucker
Weichert Corporate
(856) 275-6345
26 Total Sales
Map
Source: Bright MLS
MLS Number: NJGL2052194
APN: 05-04904-0000-00010
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