NOT LISTED FOR SALE

50 Railroad Ave Penns Grove, NJ 08069

Estimated Value: $203,740 - $250,000

3 Beds
1 Bath
1,577 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $165,000 $105 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,687/month

135 Days on Market

Highlights

  • Filtered Pool
  • Traditional Architecture
  • Attic
  • Traditional Floor Plan
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of January 2022

"BACK ON THE MARKET, buyer's financing fell through. Located in Historic Penns Grove welcome to 50 Railroad Avenue. A traditional home with a Colonial flare, on a large corner lot with an oversized two car detached garage complete with full electric service. This three bedroom one bath home offers the new owner all the benefits associated with quality construction; built, 1955. The house boasts comfortable living whether seated in the enclosed side sunporch; enjoying the fireplace of the living room or just snacking at the kitchen table of this roomy fully functional eat-in "country sized" kitchen. We feel confident that a new owner will undoubtedly enjoy the comforts of this house with all its design features and the abundance of potential left for one's own imagination. Entering either from the enclosed side porch, described herein as the enclosed Florida or sunroom or be it through the front door and find yourself standing in this large oversized front "Living Room", with working fireplace and it's direct access to the house in its entirety. Original hardwood flooring found throughout beneath the wall to wall carpeting. With it's high ceilings across the lower level, the living room features plenty of natural lighting; a brick faced wood burning fireplace now utilized with a decorative electric heater insert. The formal dining room accentuates the lower level with its pristine large "bay window"; the beautiful hanging chandelier light and the room's chair rail. From the dining room enter the roomy eat-in kitchen and again bright with an abundance of natural light streaming in. Electric Stove, Refrigerator, dishwasher and microwave will accompany the house. The natural gas, radiator heat is accented throughout the house by placement of custom made radiator covers. Accentuating the look of each and every room. From the kitchen, access to the lower level once considered a fully finished basement, hosting parties and sleepovers with it's customized decorative wooden walls and tile flooring. Not to mention the work shop area found off the main basement area with all its amenities, Once considered a fully finished basement this home offers three levels of living comfort, large rooms throughout, well kept in all aspects over the years and truly maintained properly. The second floor offers three large bedrooms, one full bath with tub/shower enclosure. Ceiling Fans in all three bedrooms. A walk up full attic with separate access where you find yourself in another level of space, storage or your choice whatever. The house is a must see. Being sold "As-Is" and the buyer responsible for all permits, certifications etc.

Last Agent to Sell the Property

Joseph Venello

(609) 238-3389 jevenello@yahoo.com American Dream Realty of South Jersey License #893531 Listed on: 07/16/2021

Last Buyer's Agent

Tyler Gazzano

(848) 210-1591 tyler.gazzano.aa@redfin.com Redfin

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50.00 x 180.00
  • Rural Setting
  • North Facing Home
  • Landscaped
  • Corner Lot
  • Back and Side Yard
  • Property is in very good condition
  • Property is zoned RES.

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 1,577 Sq Ft Home
  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Pool

  • Filtered Pool
  • Above Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Location

  • Flood Risk

Schools

  • Lafayette-Pershing Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Central Air
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 08-00061-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,900

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: personal property, some curtains
  • Historic: No
  • Home Warranty: No
  • Inclusions: window treatments in Bed 1 and 2 only sheers.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Chair Railings, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Sun/Florida Room, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 1577
  • Living Area Sq Ft: 1577
  • Price Per Sq Ft: 107.17
  • Above Grade Finished Sq Ft: 1577
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Block
  • Exterior Features: Exterior Lighting, Gutter System, Outbuilding(s), Sidewalks, Street Lights
  • Pool Features: Above Ground, Fenced, Filtered
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Connected
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Satellite

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LAFAYETTE-PERSHING SCHOOL
  • High School: PENNS GROVE H.S.
  • Middle Or Junior School: PENNS GROVE M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 81000.00
  • Land Assessed Value: 18100.00
  • Lot Features: Corner, Landscaping, Rear Yard, Road Frontage, Rural, Sideyard(s)
  • Lot Dimensions: 50.00 x 180.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: RES.

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 2200075
  • Tax Annual Amount: 4900.00
  • Assessor Parcel Number: 08-00061-00002
  • Tax Lot: 00002
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jan 15, 2022
Sold by
Redkoles Marie C
Bought by
Bennett Darnetta Lashawn
Seller's Agent
Joseph Venello
American Dream Realty of South Jersey
Buyer's Agent
Tyler Gazzano
Redfin
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$234,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,435
Avg. Annual Appreciation
9.47%
Original Mortgage
$162,011
Outstanding Balance
$149,965
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$84,470
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennett Darnetta Lashawn $165,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Darnetta Lashawn $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $165,000 -2.4% $105 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $169,000 -6.1% $107 / Sq Ft
11/04/2021 11/04/21 Price Changed $180,000 -4.8% $114 / Sq Ft
10/26/2021 10/26/21 For Sale $189,000 0.0% $120 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $189,000 -0.5% $120 / Sq Ft
08/13/2021 08/13/21 Price Changed $190,000 -3.6% $120 / Sq Ft
07/26/2021 07/26/21 Price Changed $197,000 -4.8% $125 / Sq Ft
07/16/2021 07/16/21 For Sale $207,000 -- $131 / 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 $5,496 $99,100 $18,100 $81,000
2024 $5,312 $99,100 $18,100 $81,000
2023 $5,312 $99,100 $18,100 $81,000
2022 $5,121 $99,100 $18,100 $81,000
2021 $4,285 $99,100 $18,100 $81,000
2020 $4,714 $99,100 $18,100 $81,000
2019 $4,735 $99,100 $18,100 $81,000
2018 $5,131 $133,400 $26,100 $107,300
2017 $5,150 $133,400 $26,100 $107,300
2016 $4,946 $133,400 $26,100 $107,300
2015 $4,727 $133,400 $26,100 $107,300
2014 $4,672 $133,400 $26,100 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000378

Bright MLS

APN: 08-00061-0000-00002