NOT LISTED FOR SALE

2321 Gennessee Ave Atco, NJ 08004

Estimated Value: $322,471 - $374,000

3 Beds
1 Bath
1,200 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $185,000 $154 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,475/month

Highlights

  • Greenhouse
  • Rambler Architecture
  • Attic
  • 2.05 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

Stake 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!

Last Agent to Sell the Property

Joe Wiessner

(609) 400-3035 joe@joewiessner.com Joe Wiessner Realty LLC License #9481996 Listed on: 04/19/2018

Last Buyer's Agent

George Terebey

(609) 760-9048 terebey@comcast.net BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,510

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1951
  • Remarks Public: Stake 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!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Water Treat System, Kitchen - Eat-In
  • Window Features: Bay/Bow, Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 158.25
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2321

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Greenhouse
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Oversized
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: WATERFORD TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396635

Lot Info

  • Improvement Assessed Value: 112800.00
  • Land Assessed Value: 52500.00
  • Lot Features: Irregular, Level, Subdivision Possible
  • Lot Size Acres: 2.05
  • Lot Dimensions: 365 X 185
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89298.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1937763
  • Tax Annual Amount: 6510.00
  • Assessor Parcel Number: 35-01705-00003
  • Tax Lot: 00003
  • Tax Year: 2017
  • Close Date: 06/15/2018

MLS Schools

  • School District Name: WATERFORD TOWNSHIP PUBLIC SCHOOLS

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%
Current Estimated Value
$353,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,618
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
Source: Public Records

Range of Values:

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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 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

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
2025 $7,283 $165,300 $52,500 $112,800
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

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Map

Source: Bright MLS

MLS Number: 1000416770

Bright MLS

APN: 35-01705-0000-00003