$518,000
SOLD FEB 7, 2025

282 Hopewell Rd Medford, NJ 08055

4 Beds
2 Baths
2,606 Sq Ft
0.5 Acres

Recently Sold

$199 Per Sq Ft

4% Above List Price

23 Days on Market

Highlights

  • Beach
  • 0.5 Acre Lot
  • Community Lake
  • Haines Memorial 6th Grade Center Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of February 2025

Are you looking for a home with enough space and land for your whole family? Would you like to be surrounded by nature with access to a private community lake? Do you want to live in a town with exceptional schools, a variety of landscapes, a rich history, and a vibrant downtown? 282 Hopewell Rd is the home you’ve been searching for! This 2 story colonial sits on half an acre among the pines of Medford in the quaint community of Blue Lake. This home has been lovingly maintained and tastefully updated by its original owners. It’s time for a new family to move in and make cherished memories. As you walk inside, you are greeted by the natural light coming through the large windows in the living room. There are gleaming hardwood floors, fresh paint, and bright recessed lighting throughout the first floor. The living room has decorative trim work and also a gas fireplace to keep you warm and cozy. The kitchen features granite countertops, light wood cabinets, a coffee bar, and decorative beadboard. The dining room, which opens to the living room and kitchen, has sliding glass doors that lead to the backyard deck. The family room has been converted to a first floor bedroom with a barn door and wardrobe units. There is an updated bathroom across the hall with a walk-in shower and bidet toilet with heated seat.. The adjacent laundry room has a door to the backyard. There are 3 generously sized bedrooms with fresh paint and new carpet on the second floor. What makes this property truly unique is the enormous bonus room with its endless possibilities. This room was designed to house the extensive collections of the owner including toys, trains, puppets, robots, and Western memorabilia. It is now a blank slate ready to be designed to meet the needs of your family. It could be converted into a primary suite. (See proposed design in the photos.) This room features a second staircase that leads down to the garage and out to the backyard so it would make a great family room, playroom, or several home offices. There have been many recent updates including the roof, windows, and porch railing in 2023. The first floor bathroom, septic system, driveway, garage doors, exterior paint, front door, and back door were done in 2022 This home has plenty of space for storage with 2 attics, numerous closets, shed, and 2-car garage with workshop The large backyard is the perfect place to relax with its composite deck and paver patio. The oversized circular driveway is fully paved and offers extra parking on the side. Whenever you want to escape into nature, the private Blue Lake community beach is a short walk less than five minutes away. You will really enjoy the swimming and canoeing plus the small private lake is a great place to fish and even ice skate when the lake freezes. Also within walking distance you have the famous Donkey’s Cheesesteaks, Leo’s Ice Cream, La Scala's Pizza and a convenience store. Medford is not just another suburban town, it’s a return to a somewhat forgotten way of life. Along with its picturesque lakes, woods, and farmlands, the heart of this town is historic Medford Village. This idyllic downtown, which has been on the upswing for the last few years, hosts several annual events and is home to numerous shops, breweries, and restaurants. Sitting on the edge of the Pinelands, this area is loaded with parks that offer hiking biking and paddling trails. All conveniently located 30 minutes from Philly and 45 minutes from the Jersey shore. This home and the surrounding area have so much to offer, schedule an appointment to see 282 Hopewell Rd today!

Last Agent to Sell the Property

SCOTT FARRELL

(609) 439-2155 scottfarrell@kw.com Keller Williams Realty - Cherry Hill License #RS349383 Listed on: 12/18/2024

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Laura Tucker

(856) 275-6345 laurasells65@gmail.com Weichert Realtors-Turnersville License #0560961

Weichert Realtors-Turnersville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Property is in excellent condition
  • Property is zoned RGD-

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,606 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Laundry on main level
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Cranberry Pine Elementary School
  • Medford Township Memorial Middle School
  • Shawnee High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Natural Gas Water Heater
  • Municipal Trash
  • Septic Tank

Listing and Financial Details

  • Tax Lot 00002 05
  • Assessor Parcel Number 20-05603-00002 05

Community Details

Overview

  • No Home Owners Association
  • Blue Lake HOA
  • Blue Lake Subdivision
  • Community Lake

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,061

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Range
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-12-20
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Are you looking for a home with enough space and land for your whole family? Would you like to be surrounded by nature with access to a private community lake? Do you want to live in a town with exceptional schools, a variety of landscapes, a rich history, and a vibrant downtown? 282 Hopewell Rd is the home you’ve been searching for! This 2 story colonial sits on half an acre among the pines of Medford in the quaint community of Blue Lake. This home has been lovingly maintained and tastefully updated by its original owners. It’s time for a new family to move in and make cherished memories. As you walk inside, you are greeted by the natural light coming through the large windows in the living room. There are gleaming hardwood floors, fresh paint, and bright recessed lighting throughout the first floor. The living room has decorative trim work and also a gas fireplace to keep you warm and cozy. The kitchen features granite countertops, light wood cabinets, a coffee bar, and decorative beadboard. The dining room, which opens to the living room and kitchen, has sliding glass doors that lead to the backyard deck. The family room has been converted to a first floor bedroom with a barn door and wardrobe units. There is an updated bathroom across the hall with a walk-in shower and bidet toilet with heated seat.. The adjacent laundry room has a door to the backyard. There are 3 generously sized bedrooms with fresh paint and new carpet on the second floor. What makes this property truly unique is the enormous bonus room with its endless possibilities. This room was designed to house the extensive collections of the owner including toys, trains, puppets, robots, and Western memorabilia. It is now a blank slate ready to be designed to meet the needs of your family. It could be converted into a primary suite. (See proposed design in the photos.) This room features a second staircase that leads down to the garage and out to the backyard so it would make a great family room, playroom, or several home offices. There have been many recent updates including the roof, windows, and porch railing in 2023. The first floor bathroom, septic system, driveway, garage doors, exterior paint, front door, and back door were done in 2022 This home has plenty of space for storage with 2 attics, numerous closets, shed, and 2-car garage with workshop The large backyard is the perfect place to relax with its composite deck and paver patio. The oversized circular driveway is fully paved and offers extra parking on the side. Whenever you want to escape into nature, the private Blue Lake community beach is a short walk less than five minutes away. You will really enjoy the swimming and canoeing plus the small private lake is a great place to fish and even ice skate when the lake freezes. Also within walking distance you have the famous Donkey’s Cheesesteaks, Leo’s Ice Cream, La Scala's Pizza and a convenience store. Medford is not just another suburban town, it’s a return to a somewhat forgotten way of life. Along with its picturesque lakes, woods, and farmlands, the heart of this town is historic Medford Village. This idyllic downtown, which has been on the upswing for the last few years, hosts several annual events and is home to numerous shops, breweries, and restaurants. Sitting on the edge of the Pinelands, this area is loaded with parks that offer hiking biking and paddling trails. All conveniently located 30 minutes from Philly and 45 minutes from the Jersey shore. This home and the surrounding area have so much to offer, schedule an appointment to see 282 Hopewell Rd today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Utility Room, Workshop, Bathroom 1, Bathroom 2, Bonus Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2606
  • Living Area Sq Ft: 2606
  • Price Per Sq Ft: 191.86
  • Above Grade Finished Sq Ft: 2606
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 282

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Block, Aluminum Siding, Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Lake
  • HOA Name: BLUE LAKE
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MEDFORD TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBERRY PINE E.S.
  • Middle School: MEDFORD TOWNSHIP MEMORIAL
  • High School: SHAWNEE H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396871
  • School District Source: Listing Agent
  • Elementary School: CRANBERRY PINE E.S.
  • High School: SHAWNEE H.S.
  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Lot Size Acres: 0.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RGD-

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10061.00
  • Assessor Parcel Number: 20-05603-00002 05
  • Tax Lot: 00002 05
  • Tax Total Finished Sq Ft: 2606
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/07/2025

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Mar 21, 2025
Sold by
Anniemac Private Equity Cash2keys and Analytical Sciences Marketing Group Llc
Bought by
Gahagan William and Gahagan Kayla
Seller's Agent
SCOTT FARRELL
Keller Williams Realty - Cherry Hill
Buyer's Agent
Laura Tucker
Weichert Realtors-Turnersville
List Price
$500,000
Sold Price
$518,000
Premium/Discount to List
$18,000
3.6%
Views
267
Current Estimated Value
$553,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,518
Avg. Annual Appreciation
11.29%
Original Mortgage
$440,300
Outstanding Balance
$438,420
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$115,098

Purchase Details

Listed on
Dec 18, 2024
Closed on
Feb 7, 2025
Sold by
Farrell Rosemary
Bought by
Anniemac Private Equity Cash2keys Llc and Analytical Sciences Marketing Group Llc
Seller's Agent
SCOTT FARRELL
Keller Williams Realty - Cherry Hill
Buyer's Agent
Laura Tucker
Weichert Realtors-Turnersville
List Price
$500,000
Sold Price
$518,000
Premium/Discount to List
$18,000
3.6%
Views
267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,300
Outstanding Balance
$438,420
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$115,098

Purchase Details

Closed on
Apr 6, 2023
Sold by
Farrell Raymond L and Farrell Rosemary
Bought by
Farrell Rosemary
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 Type Sale Price Title Company
Deed $518,000 Core Title
Deed $518,000 Core Title
Deed $518,000 Core Title
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,300 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $120,000 Unknown
Previous Owner $65,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $518,000 +3.6% $199 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $500,000 -- $192 / 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 $10,061 $283,500 $73,800 $209,700
2024 $9,407 $283,500 $73,800 $209,700
2023 $9,407 $283,500 $73,800 $209,700
2022 $9,214 $283,500 $73,800 $209,700
2021 $9,163 $283,500 $73,800 $209,700
2020 $9,106 $283,500 $73,800 $209,700
2019 $8,984 $283,500 $73,800 $209,700
2018 $8,859 $283,500 $73,800 $209,700
2017 $8,797 $283,500 $73,800 $209,700
2016 $8,766 $283,500 $73,800 $209,700
2015 $8,635 $283,500 $73,800 $209,700
2014 $8,372 $283,500 $73,800 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2077274

Bright MLS

APN: 20-05603-0000-00002-05