NOT LISTED FOR SALE

43 Kerlin Rd Salem, NJ 08079

Estimated Value: $225,000

1.87 Acres
$120,321 Price per Acre
81,457 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $35,000 $32 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $1,428/month

67 Days on Market

About This Lot

As of February 2024

Looking for land to build your new home, Look no further. Come see this Vacant 1.87 Acre Lot nestled in a quite neighborhood close to the best Salem County has to offer. The home on this lot was recently demolished, making this lot ready to build on (pending building permits). Come drive by the property and see where your dreams can come true! A Variance will be needed in order to build. The minimum land to build on is 3 Acres and this lot is 2.11 Acres.
Make your appointment to see it today!

Last Agent to Sell the Property

Mark Cuccuini

EXP Realty, LLC License #341323 Listed on: 01/05/2023

EXP Realty, LLC

Last Buyer's Agent

Raquel Page

ERA Central Realty Group - Bordentown

ERA Central Realty Group - Bordentown

Property Details

Property Type

  • Land

Lot Details

  • 1.87 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00048
  • Assessor Parcel Number 01-00003-00048

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 0.43
  • Street Number Modifier: 43

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

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

Schools

  • School District: WOODSTOWN-PILESGROVE REGI SCHOOLS
  • School District Key: 300200396393
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.87
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 81457.00
  • Year Assessed: 2022
  • Zoning: SFR
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2146.00
  • Assessor Parcel Number: 01-00003-00048
  • Tax Lot: 00048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/22/2024

MLS Schools

  • School District Name: WOODSTOWN-PILESGROVE REGI SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 22, 2024
Sold by
Weihe David and Weihe Melissa
Bought by
Rice Brennan C
Seller's Agent
Mark Cuccuini
EXP Realty, LLC
Buyer's Agent
Raquel Page
ERA Central Realty Group - Bordentown
List Price
$35,000
Sold Price
$35,000
Views
196
Current Estimated Value
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,000
Avg. Annual Appreciation
257.69%
Original Mortgage
$22,750
Outstanding Balance
$20,953
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$204,047

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 21, 2021
Sold by
U S Bank National Association
Bought by
Weihe David and Weihe Melissa
Seller's Agent
BRETT NEAL
Shoreside Realty, LLC.
Buyer's Agent
Lisa Carrick
EXP Realty, LLC
List Price
$60,000
Sold Price
$58,000
Premium/Discount to List
-$2,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.41%

Purchase Details

Closed on
Jun 28, 2021
Sold by
Montemore Dorothy B and Nationstar Mortgage Llc
Bought by
Us Bank National Association and Mortgage Eqt Converstion Asset Tr 2011 1

Purchase Details

Closed on
Aug 18, 2000
Sold by
Montemore Hugo S and Montemore Dorothy B
Bought by
Montemore Hugo S and Montemore Dorothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.66%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Rice Brennan C $35,000 West Jersey Title
Weihe David $58,000 Foundation Title Llc
Us Bank National Association $154,317 None Available
Montemore Hugo S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Brennan C $22,750
Previous Owner Montemore Dorothy B $225,000
Previous Owner Montemore Hugo S $78,000
Previous Owner Montemore Hugo S $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $35,000 0.0% $32 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $35,000 -39.7% $32 / Sq Ft
10/22/2021 10/22/21 Sold $58,000 -3.3% $53 / Sq Ft
07/21/2021 07/21/21 For Sale $60,000 -- $55 / 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 $2,217 $67,400 $67,400 $0
2023 $2,217 $67,400 $67,400 $0
2022 $3,480 $109,300 $67,400 $41,900
2021 $3,156 $109,300 $67,400 $41,900
2020 $3,137 $109,300 $67,400 $41,900
2019 $3,076 $109,300 $67,400 $41,900
2018 $3,029 $109,300 $67,400 $41,900
2017 $2,970 $109,300 $67,400 $41,900
2016 $2,828 $109,300 $67,400 $41,900
2015 $2,721 $109,300 $67,400 $41,900
2014 $2,583 $109,300 $67,400 $41,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Cuccuini

    Seller's Agent in 2024

    Mark Cuccuini

    EXP Realty, LLC

    (609) 923-3694

    197 Total Sales

    Section Image
  • Raquel Page

    Buyer's Agent in 2024

    Raquel Page

    ERA Central Realty Group - Bordentown

    (856) 516-7788

    10 Total Sales

    Section Image

  • B

    Seller's Agent in 2021

    BRETT NEAL

    Shoreside Realty, LLC.

    (856) 229-2229

    108 Total Sales

    Section Image
  • Lisa Carrick

    Buyer's Agent in 2021

    Lisa Carrick

    EXP Realty, LLC

    (609) 682-0474

    140 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJSA2006346

Bright MLS

APN: 01-00003-0000-00048

New Jersey Salem County Salem 08079

43 Kerlin Rd, Salem, NJ

This home is located at 43 Kerlin Rd, Salem, NJ 08079 since 05 January 2023 and is currently estimated at $225,000, approximately $204 per square foot. 43 Kerlin Rd is a home located in Salem County with nearby schools including Alloway Township School.

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