NOT LISTED FOR SALE

261 Lebanon Rd Bridgeton, NJ 08302

Deerfield Township Neighborhood

Estimated Value: $101,000 - $257,000

4 Beds
1 Bath
1,316 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $95,000 $72 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,250/month

8 Days on Market

Highlights

  • 5.08 Acre Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Premium Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2023

FIX & FLIP OPPORTUNITY IN DEERFIELD TWP ON 5 ACRES! Incredible opportunity to acquire a pristine, high-value piece of land with a rehab house in one of the most sought after locations in growing South Jersey. Surrounded by beautiful homes and rural views, wineries, parks, and great schools, this property is a home run for your next rehab project. The land itself is worth the price -- house is a bonus! 4 bedrooms, 1 bathroom, 1300+ sqft home is ready to be brought back to life. Open up the kitchen/living space and add a second bathroom and watch the after repaired value skyrocket. Whether you want to fix and flip the home or simply buy the land, demo the home, and rebuild new construction, the opportunity here is endless. At the end of the day real estate is about location, location, location... couldn't be more true of this property. Don't miss this one!

Last Agent to Sell the Property

Michael DePalma

DePalma Realty Listed on: 11/09/2023

Last Buyer's Agent

Nancy Kowalik

Your Home Sold Guaranteed, Nancy Kowalik Group License #0571544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1889

Lot Details

  • 5.08 Acre Lot
  • Premium Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Stone Foundation

Interior Spaces

  • 1,316 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Cesspool

Community Details

  • No Home Owners Association
  • None Available Subdivision

Listing and Financial Details

  • Tax Lot 00003 06
  • Assessor Parcel Number 03-00080-00003 06

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,661

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Everything at the property.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1889
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Stone, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1316
  • Living Area Sq Ft: 1316
  • Price Per Sq Ft: 67.63
  • Above Grade Finished Sq Ft: 1316
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 261

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Cess Pool
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: DEERFIELD TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396114
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Cleared, Front Yard, Premium, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 5.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 221285.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3661.00
  • Assessor Parcel Number: 03-00080-00003 06
  • Tax Lot: 00003 06
  • Tax Year: 2022
  • Close Date: 12/15/2023

MLS Schools

  • School District Name: DEERFIELD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 12, 2023
Sold by
Sab Equities 1 Llc
Bought by
Oppg Lebanon Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Nancy Kowalik
Your Home Sold Guaranteed, Nancy Kowalik Group
List Price
$89,000
Sold Price
$95,000
Premium/Discount to List
$6,000
6.74%
Views
94
Current Estimated Value
$174,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,355
Avg. Annual Appreciation
34.65%
Original Mortgage
$208,000
Interest Rate
7.44%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 12, 2023
Closed on
Feb 24, 2023
Sold by
Bjork Group Llc
Bought by
Sab Equities 1 Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$89,000
Sold Price
$78,000
Premium/Discount to List
-$11,000
-12.36%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.56%

Purchase Details

Listed on
Feb 12, 2023
Closed on
Feb 3, 2023
Sold by
Earnest Frank
Bought by
Bjork Group Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$89,000
Sold Price
$78,000
Premium/Discount to List
-$11,000
-12.36%
Views
108
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
Oppg Lebanon Llc $95,000 None Listed On Document
Sab Equities 1 Llc $78,000 Landis Title
Bjork Group Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Oppg Lebanon Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $95,000 +6.7% $72 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $89,000 +14.1% $68 / Sq Ft
02/24/2023 02/24/23 Sold $78,000 -12.4% $59 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/12/2023 02/12/23 For Sale $89,000 -- $68 / 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 $3,537 $95,000 $53,600 $41,400
2024 $3,537 $95,000 $53,600 $41,400
2023 $3,472 $95,000 $53,600 $41,400
2022 $3,661 $95,000 $53,600 $41,400
2021 $3,572 $95,000 $53,600 $41,400
2020 $3,544 $95,000 $53,600 $41,400
2019 $3,394 $95,000 $53,600 $41,400
2018 $3,227 $95,000 $53,600 $41,400
2017 $3,179 $95,000 $53,600 $41,400
2016 $3,141 $95,000 $53,600 $41,400
2015 $3,028 $95,000 $53,600 $41,400
2014 $2,938 $95,000 $53,600 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Michael DePalma

    Seller's Agent in 2023

    Michael DePalma

    DePalma Realty

    (609) 501-4162

    3 in this area

    200 Total Sales

    Section Image
  • Nancy Kowalik

    Buyer's Agent in 2023

    Nancy Kowalik

    Your Home Sold Guaranteed, Nancy Kowalik Group

    (856) 478-3122

    1 in this area

    496 Total Sales

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Map

Source: Bright MLS

MLS Number: NJCB2015378

Bright MLS

APN: 03-00080-0000-00003-06

New Jersey Cumberland County Bridgeton 08302 Deerfield Township

261 Lebanon Rd, Bridgeton, NJ

This home is located at 261 Lebanon Rd, Bridgeton, NJ 08302 since 09 November 2023 and is currently estimated at $188,282, approximately $143 per square foot. This property was built in 1889. 261 Lebanon Rd is a home located in Cumberland County with nearby schools including Deerfield Township School, Cumberland Regional High School, and Bridgeton Public Charter School.

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