NOT LISTED FOR SALE

50 1/2 Georgetown Rd Bordentown, NJ 08505

3 Beds
2 Baths
2,571 Sq Ft
11.92 Acres

Last Sold February 25, 2022

Last sale price $245,000 $95 Per Sq Ft

170 Days on Market

Highlights

  • 11.92 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

This is an amazing 2,500 sq ft multi-use building on nearly 12 acres in a great location in Bordentown. The building has plenty of office space, a 2 car garage, tons of outdoor parking and has a ton of potential to the right buyer. Property is 4A commercial pre-existing to the zoning change currently commercial in an R10 zone. This is the perfect property for someone who wants to live here as a residence and run their business here as well. This is a must see! Please see the video tour!

Last Agent to Sell the Property

Sean Mulligan

ARC Real Estate License #0681608 Listed on: 08/18/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,064

Year Built

  • Built in 1962

Lot Details

  • 11.92 Acre Lot
  • Property is in good condition
  • Property is zoned RESIDENTIAL- R10 ZONE

Home Design

  • Frame Construction

Interior Spaces

  • 2,571 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Bathrooms

Parking

  • 20 Parking Spaces
  • 20 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Powered By Leased Propane
  • Natural Gas Water Heater
  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007 01
  • Assessor Parcel Number 04-00129-00007 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,064

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: This is an amazing 2,500 sq ft multi-use building on nearly 12 acres in a great location in Bordentown. The building has plenty of office space, a 2 car garage, tons of outdoor parking and has a ton of potential to the right buyer. Property is 4A commercial pre-existing to the zoning change currently commercial in an R10 zone. This is the perfect property for someone who wants to live here as a residence and run their business here as well. This is a must see! Please see the video tour!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 2571
  • Living Area Sq Ft: 2571
  • Price Per Sq Ft: 108.52
  • Above Grade Finished Sq Ft: 2571
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 2

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: 20
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Cess Pool
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: BORDENTOWN REGIONAL SCHOOL DISTRICT
  • School District Key: 300200396946
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 173000.00
  • Land Assessed Value: 137000.00
  • Lot Size Acres: 11.92
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 519322.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL- R10 ZONE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1602493
  • Tax Annual Amount: 11064.00
  • Assessor Parcel Number: 04-00129-00007 01
  • Tax Lot: 00007 01
  • Tax Total Finished Sq Ft: 2571
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/25/2022

MLS Schools

  • School District Name: BORDENTOWN REGIONAL SCHOOL DISTRICT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 23, 2022
Sold by
50 & A Half Georgetown Road Llc
Bought by
Maguluri Sai Leela
Seller's Agent
Sean Mulligan
ARC Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$279,000
Sold Price
$245,000
Premium/Discount to List
-$34,000
-12.19%
Total Days on Market
170

Purchase Details

Closed on
Jul 22, 2016
Sold by
Weisberg Myrna J
Bought by
Fifth & A Half Georgetown Road Llc

Purchase Details

Closed on
Dec 14, 2015
Sold by
The Estate Of Milton Weisberg and Weisberg Gary
Bought by
Weisberg Myrna J

Purchase Details

Closed on
Jun 4, 2015
Sold by
New Jersey Turnpike Authority
Bought by
Weisberg Milton

Purchase Details

Closed on
Nov 14, 2008
Sold by
Weisberg Milton and Weisberg Sylvia
Bought by
New Jersey Turnpike Authority
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
Maguluri Sai Leela $245,000 Capital Title
Fifth & A Half Georgetown Road Llc $225,000 Madison Title Agency Llc
Weisberg Myrna J -- Attorney
Weisberg Milton -- Attorney
New Jersey Turnpike Authority $145,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $245,000 -12.2% $95 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $279,000 0.0% $109 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $279,000 -- $109 / 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 $10,444 $310,000 $137,000 $173,000
2023 $10,444 $310,000 $137,000 $173,000
2022 $10,543 $310,000 $137,000 $173,000
2021 $11,064 $310,000 $137,000 $173,000
2020 $11,048 $310,000 $137,000 $173,000
2019 $10,847 $310,000 $137,000 $173,000
2018 $10,707 $310,000 $137,000 $173,000
2017 $10,376 $310,000 $137,000 $173,000
2016 $10,140 $310,000 $137,000 $173,000
2015 $9,923 $310,000 $137,000 $173,000
2014 $9,339 $305,500 $132,200 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2005204

Bright MLS

APN: 04-00129-0000-00007-01