NOT LISTED FOR SALE

274 Morrison Ave Salem, NJ 08079

Estimated Value: $157,635 - $207,000

3 Beds
1 Bath
1,552 Sq Ft
$119/Sq Ft Est. Value

Highlights

  • Dutch Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Living Room

About This Home

As of July 2023

This beautifully renovated 1950's Cape Cod boasts newer hardwood floors in the first floor Living and Dining Rooms. The upper floor has two very spacious bedrooms. The basement houses a newer gas heater and central air unit as well as the washer and dryer hookup. The tenant is responsible for all utilities, lawn maintenance and snow removal.

Last Agent to Rent the Property

Chris Twardy

(856) 222-0077 Christopher.twardy@foxroach.com BHHS Fox & Roach-Mt Laurel License #1540241 Listed on: 10/14/2022

BHHS Fox & Roach-Mt Laurel

Last Renter's Agent

Nicole Peranteau

nicole@realestatemvpteam.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50.00 x 115.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Dutch Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,552 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 10/14/22
  • Assessor Parcel Number 13-00031-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,024

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Date Available: 2022-10-14
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Dutch
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-14
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1552
  • Living Area Sq Ft: 1552
  • Price Per Sq Ft: 0.81
  • Above Grade Finished Sq Ft: 1552
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 274

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SALEM COUNTY PUBLIC SCHOOLS
  • School District Key: 300204230017
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 50.00 x 115.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 13-00031-00012
  • Tax Total Finished Sq Ft: 1552
  • Tax Data Updated: No
  • Close Date: 07/15/2023

MLS Schools

  • School District Name: SALEM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Actlien Loan Spv V Llc
Bought by
Actlien Loan Spv13 Llc
Current Estimated Value
$184,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,019,000
Outstanding Balance
$1,959,718
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,775,559

Purchase Details

Closed on
Dec 20, 2018
Sold by
Actro Llc
Bought by
Actlien Loan Spv 5 Llc

Purchase Details

Closed on
Jul 25, 2011
Sold by
Simpkins James E
Bought by
Simpkins Lois J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Actlien Loan Spv13 Llc -- Servicelink
Actlien Loan Spv 5 Llc -- --
Simpkins Lois J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Actlien Loan Spv13 Llc $2,019,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2023 07/15/23 Rented $1,250 0.0% --
06/19/2023 06/19/23 Under Contract -- -- --
03/28/2023 03/28/23 Price Changed $1,250 -3.8% $1 / Sq Ft
12/01/2022 12/01/22 Price Changed $1,300 -7.1% $1 / Sq Ft
10/14/2022 10/14/22 For Rent $1,400 +21.7% --
05/07/2021 05/07/21 Rented $1,150 0.0% --
01/19/2021 01/19/21 For Rent $1,150 +9.5% --
04/08/2020 04/08/20 Rented $1,050 -4.5% --
03/16/2020 03/16/20 Price Changed $1,100 -8.3% $1 / Sq Ft
10/10/2019 10/10/19 For Rent $1,200 0.0% --
09/09/2018 09/09/18 Rented $1,200 0.0% --
09/04/2018 09/04/18 Under Contract -- -- --
05/14/2018 05/14/18 For Rent $1,200 -- --
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 $5,024 $61,100 $14,300 $46,800
2024 $4,803 $61,100 $14,300 $46,800
2023 $4,803 $61,100 $14,300 $46,800
2022 $4,593 $61,100 $14,300 $46,800
2021 $4,435 $61,100 $14,300 $46,800
2020 $4,345 $61,100 $14,300 $46,800
2019 $4,319 $61,100 $14,300 $46,800
2018 $4,224 $61,100 $14,300 $46,800
2017 $4,173 $61,100 $14,300 $46,800
2016 $4,625 $118,100 $34,600 $83,500
2015 $4,566 $118,100 $34,600 $83,500
2014 $4,542 $118,100 $34,600 $83,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2005708

Bright MLS

APN: 13-00031-0000-00012