312 W Monroe Ave Magnolia, NJ 08049
3
Beds
2
Baths
1,722
Sq Ft
7,000
Sq Ft Lot
Highlights
- Colonial Architecture
- Traditional Floor Plan
- Attic
- Deck
- Wood Flooring
- No HOA
About This Home
As of April 2025Your search ends here! Classic 3-story Colonial with plenty of room to grow. Start or end the day on the welcoming front porch. Inside you will find a previously updated sunny and bright interior that features hardwoods, lovely millwork, and arched doorways. Living and dining rooms are connected by a large arched doorway with hardwood flooring in both rooms. The spacious eat-in kitchen offers crisp white cabinets and access to the deck via sliders. Also on the main floor is a full bath with stall shower and the laundry room. All bedrooms are located on the 2nd floor and have ceiling fans with hardwoods. A full bath with tub shower is also on the 2nd floor. Travel up to the 3rd floor to access the attic space ready to be finished for additional living or bedrooms. If even more room is needed, the unfinished basement offers potential for additional living or storage as well. Enjoy the outdoors on the deck that overlooks the large backyard with ample room to create outdoor living spaces. So much potential here. Bring your imagination and make this great property your own!
Last Agent to Sell the Property
RE/MAX at the Sea License #1753965 Listed on: 03/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,599
Year Built
- Built in 1912
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50.00 x 140.00
- Northwest Facing Home
- Chain Link Fence
- Property is in average condition
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,722 Sq Ft Home
- Property has 3 Levels
- Traditional Floor Plan
- Ceiling Fan
- Combination Dining and Living Room
- Attic
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
Outdoor Features
- Deck
- Rain Gutters
- Porch
Schools
- Sterling High School
Utilities
- Central Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
- Magnolia Gardens Subdivision
Listing and Financial Details
- Tax Lot 00007
- Assessor Parcel Number 23-00001 07-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
Mar 31, 2025
Sold by
Lsf9 Master Participation Trust and Us Bank Trust Na
Bought by
Grayson Realty Llc
Seller's Agent
Bill Hamberg
RE/MAX at the Sea
Buyer's Agent
Amanda Marquez
Impact Realty Group LLC
List Price
$279,900
Sold Price
$305,000
Premium/Discount to List
$25,100
8.97%
Views
224
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.51%
Original Mortgage
$375,000
Outstanding Balance
$343,964
Interest Rate
1.5%
Mortgage Type
Construction
Estimated Equity
-$65,541
Purchase Details
Closed on
Jun 24, 2016
Sold by
Bailey Jennifer L
Bought by
U S Bank Trust Na
Purchase Details
Closed on
Jan 9, 2009
Sold by
Carroll Louise V
Bought by
Gray Jennifer L and Bailey Jennifer L
Purchase Details
Closed on
Jul 26, 2007
Sold by
Bailey Daniel
Bought by
Bailey Jennifer L and Carroll Louise V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,565
Interest Rate
6.67%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 29, 1998
Sold by
Wilbraham Henry
Bought by
Bailey Daniel and Bailey Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.08%
Mortgage Type
FHA
Similar Homes in Magnolia, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $305,000 | Southern United Title | |
| Deed | $305,000 | Southern United Title | |
| Bargain Sale Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $84,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Construction | |
| Closed | $375,000 | Construction | |
| Previous Owner | $173,565 | FHA | |
| Previous Owner | $85,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $305,000 | +9.0% | $177 / Sq Ft |
| 03/23/2025 03/23/25 | Off Market | $279,900 | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $279,900 | -- | $163 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,415 | $158,300 | $44,200 | $114,100 |
| 2023 | $7,415 | $158,300 | $44,200 | $114,100 |
| 2022 | $7,222 | $158,300 | $44,200 | $114,100 |
| 2021 | $7,152 | $158,300 | $44,200 | $114,100 |
| 2020 | $7,016 | $158,300 | $44,200 | $114,100 |
| 2019 | $6,883 | $158,300 | $44,200 | $114,100 |
| 2018 | $6,744 | $158,300 | $44,200 | $114,100 |
| 2017 | $6,547 | $158,300 | $44,200 | $114,100 |
| 2016 | $6,364 | $158,300 | $44,200 | $114,100 |
| 2015 | $6,144 | $158,300 | $44,200 | $114,100 |
| 2014 | $6,057 | $158,300 | $44,200 | $114,100 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Hamberg
Seller's Agent in 2025
Bill Hamberg
RE/MAX
(267) 388-3520
1 in this area
212 Total Sales
-
Amanda Marquez
A
Buyer's Agent in 2025
Amanda Marquez
Impact Realty Group LLC
1 in this area
2 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2088030
APN: 23-00001-07-00007
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