NOT LISTED FOR SALE

281 N New Rd Absecon, NJ 08201

Estimated Value: $195,000 - $313,000

3 Beds
1.5 Baths
1,200 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $140,000 $117 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,958/month

21 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property
  • Patio

About This Home

As of June 2023

Investment Opportunity Knocks!! 3 Bedroom, 1.5 Bath Ranch in good condition - tenant occupied at market rent with good rental history.

Last Listed By

John Natale

Keller Williams Realty West Monmouth Listed on: 02/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 76 x 88.13

Home Design

  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-00147-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 76 x 88.13
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Ranch: Yes
  • Cooling None12: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 76 x 88.13
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 01-00147-0000-00006

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5590.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jun 12, 2023
Sold by
Hof I Reo 5 Llc
Bought by
Cherry Holdings Llc
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
John Natale
Real Broker, LLC
List Price
$185,000
Sold Price
$140,000
Premium/Discount to List
-$45,000
-24.32%
Total Days on Market
21
Views
29
Current Estimated Value
$266,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,871
Avg. Annual Appreciation
37.83%
Original Mortgage
$137,380
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Ttk Re Entrprise Llc
Bought by
Hof I Reo 5 Llc

Purchase Details

Closed on
May 22, 2019
Sold by
Vu And Associates Llc
Bought by
Ttk Re Enterprise Llc

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 8, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Vu And Associates Llc
Seller's Agent
MARIA MAZZUCKIS
REALHome Services and Solutions, Inc.
Buyer's Agent
Noel Flamm
KELLER WILLIAMS REALTY ATLANTIC SHORE-Little Egg Harbor
List Price
$90,000
Sold Price
$80,850
Premium/Discount to List
-$9,150
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
Original Mortgage
$99,765
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2018
Sold by
Jacobson Bethany and Jacobson Bethany Ann
Bought by
Deutsche Bank National Trust Company and Fremont Home Loan Trust 2005 1

Purchase Details

Closed on
Dec 17, 2004
Sold by
Jacobson Barry Ray and Jacobson Richard
Bought by
Jacobson Bethany Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Of Judith Jacobson Estate
Bought by
Jacobson Barry and Jacobson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

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
Cherry Holdings Llc $140,000 Landis Title
Hof I Reo 5 Llc -- Wimba Title Agency
Ttk Re Enterprise Llc -- Surety Title Company
Vu And Associates Llc $77,000 Surety Title Co
Deutsche Bank National Trust Company $1,000 Terra Abstarct Inc
Jacobson Bethany Ann -- --
Jacobson Barry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Holdings Llc $221,460
Closed Cherry Holdings Llc $137,380
Previous Owner Vu And Associates Llc $99,765
Previous Owner Jacobson Bethany Ann $110,000
Previous Owner Jacobson Judith A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $140,000 0.0% $117 / Sq Ft
06/23/2023 06/23/23 Sold $140,000 -24.3% $117 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/21/2023 02/21/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $185,000 0.0% $154 / Sq Ft
02/15/2023 02/15/23 Price Changed $185,000 -5.1% $154 / Sq Ft
01/01/2023 01/01/23 For Sale $195,000 +141.2% $163 / Sq Ft
09/12/2018 09/12/18 Sold $80,850 -7.5% $67 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $87,400 -2.9% $73 / Sq Ft
06/21/2018 06/21/18 For Sale $90,000 -- $75 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $5,658 $169,100 $81,200 $87,900
2023 $5,590 $169,100 $81,200 $87,900
2022 $5,590 $169,100 $81,200 $87,900
2021 $5,574 $169,100 $81,200 $87,900
2020 $4,738 $143,500 $81,200 $62,300
2019 $5,543 $169,100 $81,200 $87,900
2018 $5,567 $169,100 $81,200 $87,900
2017 $5,526 $169,100 $81,200 $87,900
2016 $5,371 $169,100 $81,200 $87,900
2015 $5,301 $169,100 $81,200 $87,900
2014 $5,229 $169,100 $81,200 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304334

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00147-0000-00006