NOT LISTED FOR SALE

422 W Lincoln Ave Magnolia, NJ 08049

Estimated Value: $382,010 - $435,000

5 Beds
2 Baths
2,686 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $68,000 $25 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $2,905/month

Highlights

  • Deck
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 3-minute walk to Richard Michielli Park

About This Home

As of August 2018

Great opportunity for affordable living in this magnificent 5 bed 2 bath Magnolia Gardens two story home sitting on an over-sized lot. The main floor offers a large living room with plenty of light coming in. The over sized, eat-in kitchen offers lots of cabinets and counter space!! Off the kitchen is ultity room for extra storage space. A large bedroom with full bath to finish off the main floor. Upstairs are 4 nice-sized bedrooms with a shared full bath. A generous covered deck overlooking fenced in rear yard with shade trees, great for family gatherings. Full basement ready to finish for additional living/play space. Just a short walk to Albertson Park, rec center and elem school. Easy access to 295 and NJ Turnpike. A lot of home for a great price! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in as is condition. Buyer inspections are for Buyer info only. Selling AS IS. Buyer responsible for paying all transfer tax and obtaining C O. NO letters of intent, no exceptions. Corporate addendums generated with accepted offer. Best & Final offers due by Noon on 7/1/2018

Last Agent to Sell the Property

William Lublin

Century 21 Advantage Gold-Cherry Hill Listed on: 06/06/2018

Century 21 Advantage Gold-Cherry Hill

Last Buyer's Agent

Tristan Richardson

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x140

Parking

  • On-Street Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,686 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 23-00002 07-00017

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Remarks Public: Great opportunity for affordable living in this magnificent 5 bed 2 bath Magnolia Gardens two story home sitting on an over-sized lot. The main floor offers a large living room with plenty of light coming in. The over sized, eat-in kitchen offers lots of cabinets and counter space!! Off the kitchen is ultity room for extra storage space. A large bedroom with full bath to finish off the main floor. Upstairs are 4 nice-sized bedrooms with a shared full bath. A generous covered deck overlooking fenced in rear yard with shade trees, great for family gatherings. Full basement ready to finish for additional living/play space. Just a short walk to Albertson Park, rec center and elem school. Easy access to 295 and NJ Turnpike. A lot of home for a great price! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in as is condition. Buyer inspections are for Buyer info only. Selling AS IS. Buyer responsible for paying all transfer tax and obtaining C O. NO letters of intent, no exceptions. Corporate addendums generated with accepted offer. Best & Final offers due by Noon on 7/1/2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2686
  • Living Area Sq Ft: 2686
  • Net Sq Ft: 2686.00
  • Price Per Sq Ft: 25.28
  • Above Grade Finished Sq Ft: 2686
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 422

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil
  • 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: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396856

Lot Info

  • Improvement Assessed Value: 110100.00
  • Land Assessed Value: 51600.00
  • Lot Size Acres: 0.29
  • Lot Dimensions: 90X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12600.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897549
  • Tax Annual Amount: 6688.00
  • Assessor Parcel Number: 23-00002 07-00017
  • Tax Lot: 00017
  • Tax Year: 2017
  • Close Date: 08/07/2018

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2019
Sold by
Kaur Pritam
Bought by
Jumpp Yannick T and Harrity Tanisha
Current Estimated Value
$411,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Outstanding Balance
$208,465
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$245,340

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 10, 2018
Sold by
Kaur Kulwant
Bought by
Kaur Pritam
Seller's Agent
William Lublin
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Tristan Richardson
HomeSmart First Advantage Realty
List Price
$67,900
Sold Price
$68,000
Premium/Discount to List
$100
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.60%

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 6, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kaur Kulwant
Seller's Agent
William Lublin
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Tristan Richardson
HomeSmart First Advantage Realty
List Price
$67,900
Sold Price
$68,000
Premium/Discount to List
$100
0.15%
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 Buyer Sale Price Title Company
Jumpp Yannick T $240,000 Emerald Title Agency
Kaur Pritam -- Emerald Title Agency
Kaur Kulwant $68,000 Emerald Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jumpp Yannick T $235,653
Previous Owner Rivera Jacqueline $205,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $68,000 +0.1% $25 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $67,900 -- $25 / 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 $8,565 $178,400 $51,600 $126,800
2024 $8,356 $178,400 $51,600 $126,800
2023 $8,356 $178,400 $51,600 $126,800
2022 $8,139 $178,400 $51,600 $126,800
2021 $8,060 $178,400 $51,600 $126,800
2020 $7,907 $178,400 $51,600 $126,800
2019 $7,031 $161,700 $51,600 $110,100
2018 $6,888 $161,700 $51,600 $110,100
2017 $6,688 $161,700 $51,600 $110,100
2016 $6,500 $161,700 $51,600 $110,100
2015 $6,276 $161,700 $51,600 $110,100
2014 $6,187 $161,700 $51,600 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798594

Bright MLS

APN: 23-00002-07-00017