NOT LISTED FOR SALE

492 Salem Ave Newfield, NJ 08344

Estimated Value: $205,000 - $293,000

3 Beds
1 Bath
904 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $189,000 $209 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,693/month

26 Days on Market

Highlights

  • Cape Cod Architecture
  • Carpet
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of October 2021

Looking for that perfect home off the beaten path? Well look no further! This charming cottage has been tastefully updated and is ready for it's new owner! If you want the feel of being off the grid, but still need to be near highways and amenities, then this is the perfect home for you! As you pull into the wooded lot, you'll drive down the long driveway. You are greeted with a front covered porch, great for enjoying all the natural views! You enter into the large great room, which can be configured any way you can imagine! There are ceiling fans and overhead lights all around! The kitchen as been updated with white shaker cabinets, and a beautiful white and grey granite. There is a laundry/mud room off the kitchen that also has outside access. The kitchen has sliders that open to the rear deck. This deck has amazing wooded views! Don't be surprised when you see deer and other cute woodland creatures wandering through! There is a large cleared area in the back, and the back end is wooded, for a very scenic and private feel! There is a large bedroom on the first floor, and a full bath also on the first floor. This is great if you need 1 story living! Upstairs you have 2 more bedrooms, complete with closets. There is an additional room that would make a great craft room, play room, office...you name it! You could possibly make it a 4th bedroom. You must see this home today! The low price and taxes under $3000 make this a no brainer!

Last Agent to Sell the Property

Omar Din

(267) 918-0890 omardinrealtor@gmail.com EXP Realty, LLC License #RS358935 Listed on: 07/09/2021

EXP Realty, LLC

Last Buyer's Agent

Mark Nemeth

(609) 332-5372 nemethrealestate@gmail.com HomeSmart First Advantage Realty License #1220455

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 68.00 x 294.00

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 904 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • None Available Subdivision

Listing and Financial Details

  • Tax Lot 00029
  • Assessor Parcel Number 14-00202-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All present appliances.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Laminated, Carpet
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access, Partial, Poured Concrete
  • Total Sq Ft: 904
  • Living Area Sq Ft: 904
  • Price Per Sq Ft: 209.07
  • Above Grade Finished Sq Ft: 904
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58200.00
  • Land Assessed Value: 36500.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 68.00 x 294.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19992.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3144589
  • Tax Annual Amount: 2772.00
  • Assessor Parcel Number: 14-00202-00029
  • Tax Lot: 00029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 27, 2021
Sold by
G Sawyer Llc
Bought by
Velez Brian David
Seller's Agent
Omar Din
EXP Realty, LLC
Buyer's Agent
Mark Nemeth
HomeSmart First Advantage Realty
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$259,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,753
Avg. Annual Appreciation
8.04%
Original Mortgage
$185,576
Outstanding Balance
$170,096
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$89,657

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 26, 2020
Sold by
Usa Hud
Bought by
G Sawyer Llc
Seller's Agent
Stephanie Verderose
Exit Homestead Realty Professi
Buyer's Agent
Andrew Baus
BHHS Fox & Roach-Washington-Gloucester
List Price
$49,556
Sold Price
$46,000
Premium/Discount to List
-$3,556
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.11%
Original Mortgage
$112,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2019
Sold by
Wells Fargo Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Jul 16, 2019
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
Oct 31, 2011
Closed on
May 14, 2012
Sold by
Garcia Migdalia L and Bossi Migdalia
Bought by
Mayhew Roy H
Seller's Agent
Terry Wister
Keller Williams Realty - Washington Township
Buyer's Agent
Michelle Evans
The Roarke Agency
List Price
$120,000
Sold Price
$108,000
Premium/Discount to List
-$12,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$105,242
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bossi Donald P
Bought by
Garcia Migdalia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,600
Interest Rate
6.43%

Purchase Details

Closed on
Nov 30, 1995
Sold by
Candler Charlene C Cox
Bought by
Bossi Donald and Bossi Migdalia

Purchase Details

Closed on
Nov 3, 1995
Sold by
Candler Paul B
Bought by
Cox Candler Charlene C
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
Velez Brian David $189,000 North American Title
G Sawyer Llc $46,000 None Available
Usa Hud -- Boston National Title
Wells Fargo Bank Na -- --
Mayhew Roy H $108,000 --
Garcia Migdalia L -- --
Bossi Donald $76,500 Beacon Title Services Agency
Cox Candler Charlene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Brian David $185,576
Previous Owner G Sawyer Llc $112,000
Previous Owner Mayhew Roy H $105,242
Previous Owner Garcia Migdalia L $78,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $189,000 0.0% $209 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $189,000 +310.9% $209 / Sq Ft
08/28/2020 08/28/20 Sold $46,000 -7.2% $51 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $49,556 0.0% $55 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $49,556 0.0% $55 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $49,556 -10.0% $55 / Sq Ft
05/07/2020 05/07/20 Price Changed $55,062 -8.0% $61 / Sq Ft
03/30/2020 03/30/20 Price Changed $59,850 -5.0% $66 / Sq Ft
02/21/2020 02/21/20 For Sale $63,000 -41.7% $70 / Sq Ft
05/14/2012 05/14/12 Sold $108,000 0.0% -- View Prior Sale
03/09/2012 03/09/12 Pending -- -- --
12/08/2011 12/08/11 Price Changed $108,000 -6.1% --
11/22/2011 11/22/11 Price Changed $115,000 -4.2% --
10/31/2011 10/31/11 For Sale $120,000 -- --
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 $3,923 $123,200 $36,500 $86,700
2024 $3,923 $123,200 $36,500 $86,700
2023 $3,897 $123,200 $36,500 $86,700
2022 $2,906 $94,700 $36,500 $58,200
2021 $2,853 $94,700 $36,500 $58,200
2020 $2,772 $94,700 $36,500 $58,200
2019 $2,734 $94,700 $36,500 $58,200
2018 $2,662 $94,700 $36,500 $58,200
2017 $2,528 $94,700 $36,500 $58,200
2016 $2,439 $94,700 $36,500 $58,200
2015 $2,350 $94,700 $36,500 $58,200
2014 -- $94,700 $36,500 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2000552

Bright MLS

APN: 14-00202-0000-00029