NOT LISTED FOR SALE

359-377 Methodist Rd Newport, NJ 08345

Estimated Value: $110,502

5.24 Acres
$21,088 Price per Acre
228,254 Sq Ft Lot

Last Sold March 26, 2018

Last sale price $32,000

Est. 245% increase in value since last sale

Current estimated payment $687/month

119 Days on Market

Highlights

  • 5.24 Acre Lot
  • No HOA
  • Interior Lot

About This Lot

As of March 2018

Ready to build your dream home? This half cleared and half wooded property in beautiful, quiet, rural Downe Township is close to fishing, crabbing, boating or just to enjoy the sunrise or sunsets. Per township, minimum of 1 acre to build, therefore, you could sub-divide property or bring the entire family and build multiple units. Per Township Zoning is Residential/Commercial/Multi-Family.

Last Agent to Sell the Property

Elaine Garrison

(800) 238-2964 elainegarrison@kw.com Tealestate LLC License #337589 Listed on: 11/01/2017

Last Buyer's Agent

SANDRA SANDY BOLAND

(856) 691-0091 sandy.boland@foxroach.com BHHS Fox & Roach-Vineland

BHHS Fox & Roach-Vineland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $824

Lot Details

  • 5.24 Acre Lot
  • Interior Lot
  • The property's topography is level, part wooded
  • Property is zoned MULTI

Utilities

  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30

Property Details

Property Type

Land

Est. Annual Taxes

$824

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.18

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System
  • Utilities: Electric Available, Phone Available, Cable Tv Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Interior
  • Lot Size Acres: 5.24
  • Lot Dimensions: 5.24, LotWidth:40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 228254.00
  • Topography: Level, Part Wooded
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3111602
  • Tax Annual Amount: 824.00
  • Assessor Parcel Number: 0000000000000000000
  • Tax Lot: 30
  • Tax Year: 2017

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Boland Jr George M
Bought by
Munson Duncan and Herrera Marquita
Current Estimated Value
$110,502

Purchase Details

Closed on
Jun 14, 2004
Sold by
Gerard Andrew L
Bought by
Mannino Joseph and Phrampus Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.2%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Headley Daniel and Headley Daniel P
Bought by
Gerard Andrew L and Gerard Leona M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Munson Duncan $48,000 Foundation Title
Mannino Joseph $50,000 --
Gerard Andrew L $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mannino Joseph $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $32,000 -20.0% --
02/28/2018 02/28/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $40,000 -- --
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 $1,283 $44,500 $44,500 --
2024 $1,283 $44,500 $44,500 $0
2023 $1,170 $44,500 $44,500 $0
2022 $1,141 $44,500 $44,500 $0
2021 $1,086 $44,500 $44,500 $0
2020 $1,070 $44,500 $44,500 $0
2019 $1,052 $44,500 $44,500 $0
2018 $1,066 $44,500 $44,500 $0
2017 $1,024 $44,500 $44,500 $0
2016 $1,023 $44,500 $44,500 $0
2015 $959 $44,500 $44,500 $0
2014 $889 $44,500 $44,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Garrison

    Seller's Agent in 2018

    Elaine Garrison

    Tealestate LLC

    (800) 238-2964

    1 in this area

    26 Total Sales

    Elaine Garrison
    Section Image

  • S

    Buyer's Agent in 2018

    SANDRA SANDY BOLAND

    BHHS Fox & Roach

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004336055

Bright MLS

APN: 04-00018-0000-00030

New Jersey Cumberland County Newport 08345

359-377 Methodist Rd, Newport, NJ

Not Listed for Sale

Lots

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