2321 Gennessee Ave Atco, NJ 08004
Waterford Township NeighborhoodEstimated Value: $294,559 - $351,000
3
Beds
1
Bath
1,200
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Greenhouse
- Rambler Architecture
- Attic
- 2.05 Acre Lot
- Wood Flooring
- No HOA
About This Home
As of June 2018Stake Your Claim. Waterford Township. (2.05 Acres) Rare Opportunity to buy a house that's in good shape with easily sub-dividable land. The house is nice (3 beds, 1 bath) with a one car attached garage and a two car detached garage. Mostly new vinyl windows, gorgeous golden brown "real" hardwood floors, and full (high ceiling) basement. This is only part of the story. Of course subject to approvals, this property appears to be sub-dividable to a total of 4 lots (the existing home is lot 1 with another 3 lots possible). It appears to meet the required criteria for local and Pineland approvals: public sewer, plenty of land area (the minimum requirement for buildable land area is 10,250 SQ FT per lot). The total land area for this lot is 89,298 SQ FT or 2.05 acres, this easily meets the land area requirement. The frontage required for each lot is 100' of frontage (there are multiple ways to configure the 3 additional lots at 100' frontage). See the attached examples in the photos. Although I advised the Seller to get the property sub-divided themselves, they are leaving that up to the new owner after closing. The Buyer can do their Due Diligence (30 days)to gather the information to satisfy their desires with the property. The Seller will not wait for any Local or Pineland approvals. There is an underground oil tank which the Seller will remove with an appropriate Buyer offer. The exterior greenhouse-shed that is functional, but along with all out-buildings, being sold as is. If you had the dream to build a family legacy, Here It Is!. Build Waterford Wealth. Call Today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,510
Year Built
- Built in 1951
Lot Details
- 2.05 Acre Lot
- Lot Dimensions are 365 x 185
- East Facing Home
- Level Lot
- Irregular Lot
- Subdivision Possible
- Property is in good condition
- Property is zoned R2
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
Home Design
- Rambler Architecture
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Replacement Windows
- Bay Window
- Family Room
- Living Room
- Dining Room
- Laundry Room
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Exterior Lighting
- Greenhouse
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Water Treatment System
- Well
- Oil Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00003
- Assessor Parcel Number 35-01705-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2018
Closed on
Jun 26, 2018
Sold by
Halper John and Rebardo Catherinre T
Bought by
Terebey Jason
Seller's Agent
Joe Wiessner
Joe Wiessner Realty LLC
Buyer's Agent
George Terebey
BHHS Fox & Roach - Princeton
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,390
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2010
Sold by
Pagano Barbara J
Bought by
Rebardo Catherine T
Create a Home Valuation Report for This Property
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terebey Jason | $185,000 | Title Evolutions Llc | |
| Rebardo Catherine T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terebey Jason | $113,000 | |
| Closed | Terebey Jason | $149,500 | |
| Closed | Terebey Jason | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2018 06/15/18 | Sold | $185,000 | -2.6% | $154 / Sq Ft |
| 04/22/2018 04/22/18 | Pending | -- | -- | -- |
| 04/19/2018 04/19/18 | For Sale | $189,900 | -- | $158 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,103 | $165,300 | $52,500 | $112,800 |
| 2023 | $7,103 | $165,300 | $52,500 | $112,800 |
| 2022 | $6,787 | $165,300 | $52,500 | $112,800 |
| 2021 | $6,754 | $165,300 | $52,500 | $112,800 |
| 2020 | $6,721 | $165,300 | $52,500 | $112,800 |
| 2019 | $6,619 | $165,300 | $52,500 | $112,800 |
| 2018 | $6,612 | $165,300 | $52,500 | $112,800 |
| 2017 | $6,510 | $165,300 | $52,500 | $112,800 |
| 2016 | $6,415 | $165,300 | $52,500 | $112,800 |
| 2015 | $6,247 | $165,300 | $52,500 | $112,800 |
| 2014 | $6,733 | $121,900 | $51,200 | $70,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Wiessner
Seller's Agent in 2018
Joe Wiessner
Joe Wiessner Realty LLC
(609) 400-3035
6 in this area
269 Total Sales
-
George Terebey
G
Buyer's Agent in 2018
George Terebey
BHHS Fox & Roach
(609) 760-9048
Map
Source: Bright MLS
MLS Number: 1000416770
APN: 35-01705-0000-00003
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