$575,000
SOLD AUG 1, 2025

401 E Commerce St Bridgeton, NJ 08302

5 Beds
3.5 Baths
4,986 Sq Ft
0.9 Acres

Recently Sold

$115 Per Sq Ft

28% Below List Price

55 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Private Pool
  • 0.9 Acre Lot
  • 1 Boat Dock
  • Lake View
  • Carriage House

About This Home

As of August 2025

INCOME PRODUCING PROPERTY...........If you are an investor looking for a historic 1920's lake front property to become that perfect “Airbnb” this might be for you! This unique property has, in the past, been registered as an ”Airbnb” and wedding venue. A sandy beach, lake front gazebo private dock and a stunning lake fed pool all make this property a fantastic location for an “Airbnb” property.
... OR
If you are a family looking for a large estate to call home, this might be it!! This property is situated on East Lake in Bridgeton, New Jersey. Amenities that one might be looking for in such a property such as many thought-out gardens and seating areas throughout, a lake fed pool, and a private dock for lake use along with a gazebo for those restful moments, are all here!
Upon entering the grand foyer of this Lakefront Estate, you are welcomed by the spaciousness of the area and a great staircase leading to the second floor. Straight ahead is a half bath. To the Right is a spacious Living room with a fireplace. Continuing thru the Living room to a sunroom with a second fireplace. To the left of the foyer entrance is a large formal dining room with a hall entrance. Beyond the Dining Room is a full kitchen with a wall Oven, Electric Range, Dishwasher, Disposer and an eat-in area.
Proceeding up the staircase to the second floor there is a primary suite with sitting Room, a walk-in closet and full bath along with plenty of windows overlooking the Lake.
There are 4 more bedrooms on this floor along with 2 additional baths.
On the third level is an additional living area with another possible bedroom if needed.
The basement is partially finished with a recreation room and possible bedroom if needed and featuring a third fireplace.
The property is serviced by public water and public sewer.
There is also a separate “Carriage House” on this property that would be great for storage along with a second floor 1-bedroom apartment that has a Kitchen, Living Room, 1-full bath and 1-bedroom. This unit is currently rented.

This is an Estate sale. The sellers never lived in the property. Therefore, the seller could not execute the "Property Disclosure". The Sellers recommend that the Buyer obtain a "Home Inspection" prior to purchasing the property.

Last Agent to Sell the Property

Michael Scull

(609) 364-4566 gscull@gmail.com S. Kelly Real Estate LLC License #8541472 Listed on: 02/02/2025

Last Buyer's Agent

Michael Scull

(609) 364-4566 gscull@gmail.com S. Kelly Real Estate LLC License #8541472 Listed on: 02/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,136

Year Built

  • Built in 1920

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 265.00 x 148.00
  • 140 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Non-Tidal Wetland
  • Back, Front, and Side Yard
  • Carriage House with 2nd Floor Apartment (Block-103, Lot-58)
  • Historic Home
  • Property is in good condition
  • Property is zoned WF-RESI-REC, Waterfront, Residential & Recreational

Parking

  • Driveway

Property Views

  • Lake
  • Garden

Home Design

  • Carriage House
  • Tudor Architecture
  • Brick Foundation
  • Plaster Walls
  • Masonry

Interior Spaces

  • 4,986 Sq Ft Home
  • Property has 3 Levels
  • Dual Staircase
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Flood Lights
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Private Pool
  • Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock
  • Exterior Lighting
  • Gazebo
  • Outbuilding

Location

  • Flood Risk

Schools

  • Bridgeton Senior High School

Utilities

  • Zoned Heating
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58 & 59
  • Assessor Parcel Number 01-00103-00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,136

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • Exclusions: All Personal Property in the House including the Grand Piano in Living Room.
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven - Single, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Additional Stairway, Attic, Carpet, Formal/Separate Dining Room, Primary Bath(s), Kitchen - Eat-In, Wood Floors
  • Other Equipment: Negotiable
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Plaster Walls
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Sun/Florida Room, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Heated, Interior Access, Partially Finished
  • Total Sq Ft: 4986
  • Living Area Sq Ft: 4986
  • Price Per Sq Ft: 120.34
  • Above Grade Finished Sq Ft: 4986
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Gazebo
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Outbuilding(s), Sidewalks, Underground Lawn Sprinkler
  • View: Lake, Garden/Lawn
  • Water Access: Yes
  • Water Body Name: EAST LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 140

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: BRIDGETON SENIOR H.S.

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Carriage House with 2nd Floor Apartment (Block-103, Lot-58)
  • Lot Features: Front Yard, Non-Tidal Wetland, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.90
  • Lot Dimensions: 265.00 x 148.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39221.00
  • Property Condition: Good
  • Zoning: WF-RESI-REC
  • Zoning Description: Waterfront, Residential & Recreational

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Waterfront Features: Private Dock Site

Tax Info

  • Tax Annual Amount: 11136.00
  • Assessor Parcel Number: 01-00103-00059
  • Tax Lot: 58 & 59
  • Tax Year: 2024

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2025
Closed on
Jul 23, 2025
Sold by
Dragotta Robert G and Dragotta Karen L
Bought by
Cutler Timothy G
Seller's Agent
Michael Scull
S. Kelly Real Estate LLC
Buyer's Agent
Michael Scull
S. Kelly Real Estate LLC
List Price
$799,000
Sold Price
$575,000
Premium/Discount to List
-$224,000
-28.04%
Views
118
Current Estimated Value
$571,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,959
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
Oct 11, 1995
Sold by
Nolan Robert B
Bought by
Dragotta Robert G

Purchase Details

Closed on
Mar 12, 1990
Bought by
Dragotta Robert G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $575,000 None Listed On Document
Deed $575,000 None Listed On Document
Deed $60,000 --
Deed $290,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $575,000 -4.2% $115 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $600,000 -24.9% $120 / Sq Ft
02/02/2025 02/02/25 For Sale $799,000 -- $160 / 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 $11,137 $210,600 $17,200 $193,400
2024 $11,137 $210,600 $17,200 $193,400
2023 $10,688 $210,600 $17,200 $193,400
2022 $10,589 $210,600 $17,200 $193,400
2021 $9,783 $210,600 $17,200 $193,400
2020 $10,496 $210,600 $17,200 $193,400
2019 $10,258 $210,600 $17,200 $193,400
2018 $9,808 $210,600 $17,200 $193,400
2017 $9,523 $210,600 $17,200 $193,400
2016 $9,239 $210,600 $17,200 $193,400
2015 $9,077 $210,600 $17,200 $193,400
2014 $10,384 $183,300 $30,500 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2022244

Bright MLS

APN: 01-00103-0000-00059