NOT LISTED FOR SALE

315 S Main St Elmer, NJ 08318

Estimated Value: $203,000 - $295,000

3 Beds
2 Baths
1,783 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $150,000 $84 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,912/month

77 Days on Market

Highlights

  • 74 Feet of Waterfront
  • Private Water Access
  • Colonial Architecture
  • 1 Boat Dock
  • Fishing Allowed
  • Deck

About This Home

As of April 2023

**BACK ON THE MARKET** Calling all investors! CASH ONLY! Here is the project you have been waiting for. This lakefront 3bed 2bath Colonial located in Elmer Borough, is waiting for the new owner to restore it to the original beauty. This property needs extensive work inside and out. On the first floor there is a living room, side mud room, nice sized formal dining room with an eat in kitchen. In addition, there is a family room and sitting room to take in the view of the lake. The full unfished basement has access to the backyard by Bilco doors. Current owner converted from oil heat to gas heat. Property is being sold as is condition, Buyer will be responsible for any municipal/inspections/repairs that are required. Seller will make no repairs.

Last Agent to Sell the Property

Dawn Palilonis

(215) 391-7005 realestatewithdawnp@gmail.com Realty One Group Central Listed on: 12/27/2022

Realty One Group Central

Last Buyer's Agent

Meenu Bhular

(856) 906-3779 mbhular@weichert.com Weichert Realtors-Cherry Hill

Weichert Realtors-Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,893

Year Built

  • Built in 1901

Lot Details

  • 5,871 Sq Ft Lot
  • 74 Feet of Waterfront
  • Home fronts navigable water
  • Level Lot
  • Irregular Lot
  • Back, Front, and Side Yard
  • Property is in below average condition
  • Property is zoned R125

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,783 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Private Parking
  • Gravel Driveway
  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Private Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Arthur P Schalick High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 100 Amp Service
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00046
  • Assessor Parcel Number 03-00027-00046

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,893

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-12-28
  • Federal Flood Zone: No
  • Year Built: 1901
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: **BACK ON THE MARKET** Calling all investors! CASH ONLY! Here is the project you have been waiting for. This lakefront 3bed 2bath Colonial located in Elmer Borough, is waiting for the new owner to restore it to the original beauty. This property needs extensive work inside and out. On the first floor there is a living room, side mud room, nice sized formal dining room with an eat in kitchen. In addition, there is a family room and sitting room to take in the view of the lake. The full unfished basement has access to the backyard by Bilco doors. Current owner converted from oil heat to gas heat. Property is being sold as is condition, Buyer will be responsible for any municipal/inspections/repairs that are required. Seller will make no repairs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 1783
  • Living Area Sq Ft: 1783
  • Price Per Sq Ft: 84.13
  • Above Grade Finished Sq Ft: 1783
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 315

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Wood Siding
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • View: Water
  • Water Access Features: Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Elmer lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 74

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Private, Unpaved
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • High School: ARTHUR P SCHALICK
  • School District Key: 300200396396
  • School District Source: Listing Agent
  • High School: ARTHUR P SCHALICK

Lot Info

  • Lot Features: Irregular, Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5871.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Below Average
  • Zoning: R125
  • Zoning Description: Residential

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 2194069
  • Tax Annual Amount: 5893.00
  • Assessor Parcel Number: 03-00027-00046
  • Tax Lot: 00046
  • Tax Page Number: 305
  • Tax Year: 2021
  • Close Date: 04/03/2023

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Mar 31, 2023
Sold by
Murnane Joseph P
Bought by
Singh Bhupinder
Seller's Agent
Dawn Palilonis
Realty One Group Central
Buyer's Agent
Meenu Bhular
Weichert Realtors-Cherry Hill
List Price
$149,999
Sold Price
$150,000
Premium/Discount to List
$1
0.0%
Views
326
Current Estimated Value
$259,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,451
Avg. Annual Appreciation
24.61%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Renwick Harry F and Renwick Martha A
Bought by
Murnane Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,700
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Singh Bhupinder $150,000 --
Murnane Joseph P $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murnane Joseph P $118,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $150,000 0.0% $84 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $149,999 -- $84 / 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 $6,428 $157,000 $29,000 $128,000
2024 $6,198 $157,000 $29,000 $128,000
2023 $6,198 $157,000 $29,000 $128,000
2022 $6,049 $157,000 $29,000 $128,000
2021 $5,705 $157,000 $29,000 $128,000
2020 $5,930 $157,000 $29,000 $128,000
2019 $5,705 $157,000 $29,000 $128,000
2018 $5,622 $157,000 $29,000 $128,000
2017 $4,903 $157,000 $29,000 $128,000
2016 $4,693 $157,000 $29,000 $128,000
2015 $4,391 $157,000 $29,000 $128,000
2014 $4,343 $157,000 $29,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2006112

Bright MLS

APN: 03-00027-0000-00046