NOT LISTED FOR SALE

251 New Jersey Ave Fortescue, NJ 08321

Estimated Value: $78,000 - $162,000

0.07 Acre
$1,716,043 Price per Acre
3,049 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $97,000

Est. 24% increase in value since last sale

Current estimated payment $692/month

42 Days on Market

Highlights

  • Home fronts navigable water
  • Bay View
  • No HOA
  • Water Access

About This Lot

As of October 2022

Beautiful water-view property with 2-story garage with electric in the charming town of Fortescue, NJ. The property is across the street from the Delaware Bay and is slightly elevated, so it provides outstanding views with lower flood risks. The garage has room for a trailered boat on one side and a car on the other, and includes a separate workshop and loft storage. The construction is modern and in excellent condition, with the possibility of being easily framed into a home or whatever buyer's vision (buyer is responsible for doing their own due diligence on permitting/zoning).

Enjoy your stunning water views and amazing sunsets, your sunrise over the marsh, fishing, boating, kayaking, walking, and just relaxing. Downe Township has information regarding installing municipal sewer system. Seller filed for property through the Township. Not only do you get this awesome piece of property but this well-built garage which is perfect for storing all your water activity toys.

Last Agent to Sell the Property

THERESA SIMONINI

Coldwell Banker Excel Realty Listed on: 07/22/2022

Coldwell Banker Excel Realty

Last Buyer's Agent

THERESA SIMONINI

Coldwell Banker Excel Realty Listed on: 07/22/2022

Coldwell Banker Excel Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $390

Lot Details

  • 3,049 Sq Ft Lot
  • Home fronts navigable water

Additional Features

  • Bay Views
  • No Septic System

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 04-00091-00010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$390

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful water-view property with 2-story garage with electric in the charming town of Fortescue, NJ. The property is across the street from the Delaware Bay and is slightly elevated, so it provides outstanding views with lower flood risks. The garage has room for a trailered boat on one side and a car on the other, and includes a separate workshop and loft storage. The construction is modern and in excellent condition, with the possibility of being easily framed into a home or whatever buyer's vision (buyer is responsible for doing their own due diligence on permitting/zoning). Enjoy your stunning water views and amazing sunsets, your sunrise over the marsh, fishing, boating, kayaking, walking, and just relaxing. Downe Township has information regarding installing municipal sewer system. Seller filed for property through the Township. Not only do you get this awesome piece of property but this well-built garage which is perfect for storing all your water activity toys.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 39.03
  • Street Number Modifier: 251

Exterior Features

  • Construction Completed: No
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Utilities: Water Available, Natural Gas Available, Electric Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DOWNE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397435
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 10000.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2021
  • Zoning: R
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3113156
  • Tax Annual Amount: 390.00
  • Assessor Parcel Number: 04-00091-00010
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/13/2022

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Oct 12, 2022
Sold by
Archibald Stephen R
Bought by
Grabfelder Amy
Seller's Agent
THERESA SIMONINI
Coldwell Banker Excel Realty
Buyer's Agent
THERESA SIMONINI
Coldwell Banker Excel Realty
List Price
$129,000
Sold Price
$97,000
Premium/Discount to List
-$32,000
-24.81%
Views
36
Current Estimated Value
$120,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,123
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Oct 1, 2007
Sold by
Archibald Harry E and Archibald Lillian
Bought by
Archibald Stephen R

Purchase Details

Closed on
Oct 23, 2003
Sold by
Archibald Harry
Bought by
Green Stephen J
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Grabfelder Amy $97,000 Fidelity National Title
Archibald Stephen R -- --
Green Stephen J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $97,000 -18.5% --
09/02/2022 09/02/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $119,000 -7.8% --
07/22/2022 07/22/22 For Sale $129,000 -- --
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
2025 $461 $16,000 $6,000 $10,000
2024 $461 $16,000 $6,000 $10,000
2023 $421 $16,000 $6,000 $10,000
2022 $410 $16,000 $6,000 $10,000
2021 $391 $16,000 $6,000 $10,000
2020 $385 $16,000 $6,000 $10,000
2019 $378 $16,000 $6,000 $10,000
2018 $383 $16,000 $6,000 $10,000
2017 $368 $16,000 $6,000 $10,000
2016 $368 $16,000 $6,000 $10,000
2015 $345 $16,000 $6,000 $10,000
2014 $320 $16,000 $6,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2008044

Bright MLS

APN: 04-00091-0000-00010