$307,000
SOLD JUL 26, 2024

402 Franklin Rd Glassboro, NJ 08028

3 Beds
1.5 Baths
1,868 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

3% Below List Price

41 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • Ceiling Fan
  • Deck
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of July 2024

Discover this charming split-level home in the sought-after Chestnut Ridge neighborhood, ideally situated close to Rowan University, and perfect for home owner or investor looking for student rental income. Step inside to find a spacious living room adorned with brand-new carpet, seamlessly flowing into the kitchen and oversized dining room, creating an inviting open floor plan perfect for entertaining guests.
The kitchen features gas cooking, tile floors, ample counter and cabinet space, and a convenient built-in desk area. The lower level, also with fresh new carpet, offers easy access from the driveway and is perfect for a game room. An additional versatile room on this level, also with new carpet, can serve as an office or bonus space, providing direct access to the backyard, laundry room, and a half bath.
Enjoy outdoor living in the expansive backyard, featuring a large grassy area and a deck that leads to an above-ground pool – perfect for summer gatherings. Upstairs, you'll find three generously sized bedrooms, each with ample closet space, and a full bathroom with tile floors.
This home has seen numerous recent upgrades, including a newer hot water heater, HVAC system, roof, and a brand-new sewer line. Although being sold "as is," the property has been vey well maintained. The solar panels are currently leased, offering potential energy savings.
Located in a prime spot close to Route 55, Philadelphia, Rowan University, and a variety of restaurants and bars, this home is perfect for those seeking convenience and comfort for either personal or investment purposes. Don't miss your chance to see this property – schedule your showing today and envision your future in this wonderful home!

Last Agent to Sell the Property

Greg Damone

Better Homes and Gardens Real Estate Maturo License #0344310 Listed on: 04/23/2024

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Christine Boysen

Vylla Home License #2076943

Vylla Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,941

Year Built

  • Built in 1957

Lot Details

  • 8,015 Sq Ft Lot
  • Property is zoned R2

Home Design

  • Split Level Home
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,868 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dining Area
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chestnut Ridge Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 06-00129-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,941

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1957
  • Automatically Close On Close Date: Yes
  • Remarks Public: Discover this charming split-level home in the sought-after Chestnut Ridge neighborhood, ideally situated close to Rowan University, and perfect for home owner or investor looking for student rental income. Step inside to find a spacious living room adorned with brand-new carpet, seamlessly flowing into the kitchen and oversized dining room, creating an inviting open floor plan perfect for entertaining guests. The kitchen features gas cooking, tile floors, ample counter and cabinet space, and a convenient built-in desk area. The lower level, also with fresh new carpet, offers easy access from the driveway and is perfect for a game room. An additional versatile room on this level, also with new carpet, can serve as an office or bonus space, providing direct access to the backyard, laundry room, and a half bath. Enjoy outdoor living in the expansive backyard, featuring a large grassy area and a deck that leads to an above-ground pool – perfect for summer gatherings. Upstairs, you'll find three generously sized bedrooms, each with ample closet space, and a full bathroom with tile floors. This home has seen numerous recent upgrades, including a newer hot water heater, HVAC system, roof, and a brand-new sewer line. Although being sold "as is," the property has been vey well maintained. The solar panels are currently leased, offering potential energy savings. Located in a prime spot close to Route 55, Philadelphia, Rowan University, and a variety of restaurants and bars, this home is perfect for those seeking convenience and comfort for either personal or investment purposes. Don't miss your chance to see this property – schedule your showing today and envision your future in this wonderful home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet
  • Interior Amenities: Ceiling Fan(s), Dining Area
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1868
  • Living Area Sq Ft: 1868
  • Price Per Sq Ft: 168.63
  • Above Grade Finished Sq Ft: 1868
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Pool Features: Above Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GLASSBORO PUBLIC SCHOOLS
  • School District Key: 300200397475
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8015.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5941.00
  • Assessor Parcel Number: 06-00129-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 1868
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/26/2024

MLS Schools

  • School District Name: GLASSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 26, 2024
Sold by
Marshall Rosemarie A
Bought by
Negley Diane L
Seller's Agent
Greg Damone
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Christine Boysen
Vylla Home
List Price
$315,000
Sold Price
$307,000
Premium/Discount to List
-$8,000
-2.54%
Total Days on Market
41
Views
81
Current Estimated Value
$318,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,179
Avg. Annual Appreciation
4.05%
Original Mortgage
$276,300
Outstanding Balance
$274,400
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$43,779

Purchase Details

Closed on
Oct 25, 2002
Sold by
Murray Edward B and Murray Theresa
Bought by
Marshall John H and Marshall Rosemarie A

Purchase Details

Closed on
Apr 19, 2002
Sold by
Carr Claudia D
Bought by
Murray Edward B and Murray Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
6.63%

Purchase Details

Closed on
Mar 17, 2001
Sold by
Carr James R
Bought by
Carr Claudia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Bargain Sale Deed $307,000 Chicago Title
Deed $129,000 --
Bargain Sale Deed $121,500 Fidelity National Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,300 New Conventional
Previous Owner $155,900 No Value Available
Previous Owner $30,000 Credit Line Revolving
Previous Owner $109,350 No Value Available
Previous Owner $85,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $307,000 -2.5% $164 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $315,000 -- $169 / 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
2024 $5,941 $169,800 $54,200 $115,600
2023 $5,941 $169,800 $54,200 $115,600
2022 $5,882 $169,800 $54,200 $115,600
2021 $5,671 $169,800 $54,200 $115,600
2020 $6,016 $169,800 $54,200 $115,600
2019 $6,026 $169,800 $54,200 $115,600
2018 $6,030 $169,800 $54,200 $115,600
2017 $6,058 $169,800 $54,200 $115,600
2016 $5,884 $169,800 $54,200 $115,600
2015 $5,756 $169,800 $54,200 $115,600
2014 $5,625 $169,800 $54,200 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2041728

Bright MLS

APN: 06-00129-0000-00002