$140,000
SOLD JUN 23, 2023

281 N New Rd Absecon, NJ 08201

3 Beds
1.5 Baths
1,200 Sq Ft
6,700 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

28% Below List Price

51 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Hot Water Heating System

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 Agent to Sell the Property

John Natale

Real Broker, LLC License #790719

Real Broker, LLC

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1955

Lot Details

  • 6,700 Sq Ft Lot
  • Lot Dimensions are 76.00 x 88.13

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Absecon Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 01-00147-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: Investment Opportunity Knocks!! 3 Bedroom, 1.5 Bath Ranch in good condition - tenant occupied at market rent with good rental history.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 154.17
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 281

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ABSECON CITY SCHOOLS
  • School District Key: 300200396905
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87900.00
  • Land Assessed Value: 81200.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 76.00 x 88.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6700.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3291805
  • Tax Annual Amount: 5590.00
  • Assessor Parcel Number: 01-00147-00006
  • Tax Lot: 00006
  • Tax Year: 2022
  • Close Date: 06/23/2023

MLS Schools

  • School District Name: ABSECON CITY SCHOOLS

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
51
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

Map

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 Type Sale Price Title Company
Bargain Sale Deed $140,000 Landis Title
Deed -- Wimba Title Agency
Deed -- Surety Title Company
Bargain Sale Deed $77,000 Surety Title Co
Sheriffs Deed $1,000 Terra Abstarct Inc
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,460 New Conventional
Closed $137,380 New Conventional
Previous Owner $99,765 Commercial
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $85,000 Unknown
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: Bright MLS

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

Source: Bright MLS

MLS Number: NJAC2006868

Bright MLS

APN: 01-00147-0000-00006