NOT LISTED FOR SALE

Estimated Value: $339,000 - $376,000

0.23 Acre
$1,527,713 Price per Acre
10,000 Sq Ft Lot

Last Sold March 17, 2020

Last sale price $31,000

Est. 1,033% increase in value since last sale

Current estimated payment $2,702/month

24 Days on Market

About This Lot

As of March 2020

ATTENTION: BUILDERS AND DEVELOPERS. 2 Contiguous vacant building (40x100' & 60x100') lots in the desirable Prospect Park neighborhood within the special-zoned Olden Avenue Redevelopment Plan (OARP). Township seeks housing development in this area to support the OARP. Potential tax incentives are available. Combined lots are approximately 100x100. Perfect for single-family, duplex and townhomes. All utilities available in street.

Last Agent to Sell the Property

Donald Schulte

(609) 883-9795 dschulte@actionusa.com Action USA Jay Robert Realtors License #7819855 Listed on: 12/21/2019

Last Buyer's Agent

Dennis Massimo

(609) 759-1125 justin@tprebrokers.com Turning Point Real Estate License #0572646

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,448

Lot Details

  • 10,000 Sq Ft Lot
  • Subdivision Possible

Schools

  • Parkway Elementary School
  • Gilmore J Fisher Middle School
  • Ewing High School

Community Details

  • No Home Owners Association
  • Weber Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-00026-00109

Property Details

Property Type

Land

Est. Annual Taxes

$1,448

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 3.79

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
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: PARKWAY
  • High School: EWING
  • Middle Or Junior School: GILMORE J FISHER

Lot Info

  • Additional Parcels: No
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100X100, LotWidth:100 X LotDepth:100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2072840
  • Tax Annual Amount: 1448.00
  • Assessor Parcel Number: 02-00026-00109
  • Tax Year: 2019

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Assunpink Homes Llc
Bought by
Ibeh Ifeyinwa C
Current Estimated Value
$351,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,037
Outstanding Balance
$259,904
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$91,470

Purchase Details

Listed on
Dec 21, 2019
Closed on
Mar 17, 2020
Sold by
Prospect Parl Properties Llc
Bought by
Assunpink Homes Llc
Seller's Agent
Donald Schulte
Action USA Jay Robert Realtors
Buyer's Agent
Dennis Massimo
Turning Point Real Estate
List Price
$37,900
Sold Price
$31,000
Premium/Discount to List
-$6,900
-18.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.43%
Original Mortgage
$310,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Sold by
Devincenzi Felicia and Palazzo Ralph D
Bought by
Prospect Park Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ibeh Ifeyinwa C $274,000 National Integrity
Assunpink Homes Llc $31,000 Title Evolution Llc
Prospect Park Properties $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibeh Ifeyinwa C $269,037
Previous Owner Assunpink Homes Llc $310,000
Previous Owner Prospect Park Properties --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2020 03/17/20 Sold $31,000 -18.2% --
01/14/2020 01/14/20 Pending -- -- --
12/21/2019 12/21/19 For Sale $37,900 -- --
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 $10,332 $194,700 $25,000 $169,700
2024 $9,712 $262,700 $25,000 $237,700
2023 $9,712 $262,700 $25,000 $237,700
2022 $899 $25,000 $25,000 $0
2021 $877 $25,000 $25,000 $0
2020 $865 $25,000 $25,000 $0
2019 $842 $25,000 $25,000 $0
2018 $951 $18,000 $18,000 $0
2017 $973 $18,000 $18,000 $0
2016 $960 $18,000 $18,000 $0
2015 $947 $18,000 $18,000 $0
2014 $944 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME289536

Bright MLS

APN: 02-00026-0000-00109