NOT LISTED FOR SALE

501 Salem Way Galloway, NJ 08205

Estimated Value: $380,016 - $404,000

2 Beds
2 Baths
-- Sq Ft
6,142 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $335,100

Est. 17% increase in value since last sale

Current estimated payment $2,495/month

6 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Den
  • Absegami High School Rated A-
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of June 2023

WELCOME TO 501 SALEM WAY, FOUR SEASONS AT SMITHVILLE ACTIVE ADULT 55+ COMMUNITY, CHATHAM VILLAGE (BRIAR MODEL). THIS CORNER LOT IS DIRECTLY ACROSS THE STREET FROM THE WALKING/BIKING PATH, LOT HAS TWO BEAUTIFUL TULIP TREES AND ENDLESS SPACE TO CALL HOME. THIS SPACIOUS, SUNNY AND BRIGHT HOME HAS 2BR/2BA IS GREAT FOR RELAXING AND ENJOYING YOUR NEW HOME. LIVING ROOM DINING ROOM COMBINATION, 3 SEASON SUNROOM AND DEN OFF KITCHEN, HOUSE IS FRESHLY PAINTED AND MULCHED LANDSCAPING FOR THE NEW SEASON. TWO CAR GARAGE WITH BLACKTOP DRIVE OFFERS PLENTY OF PARKING SPACE. THIS HOME OFFERS A NEWER ROOF (MAY 2022) NEWER HVAC (MARCH 2021) OUTDOOR GENERATOR INSTALLED (2015) ENJOY FOUR SEASONS BEAUTIFUL CLUB HOUSE WHICH OFFERS INDOOR AND OUTDOOR POOL ALONG WITH MANY RACKET SPORTS COURTS, PICKLE BALL COURT, BOCCE BALL, POOL HALL AND PLENTY OF SOCIAL ACTIVES INCLUDING CARD GAMES AND FULL GYM EQUIPMENT. DON'T WAIT! VERY LOW TAXES YEAR 2022 $4,971.00

Last Agent to Sell the Property

Renee Kunze

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 05/15/2023

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Co-Listed By

Joe Marmo & Robyn Marmo

Quail Hill Realty at Smithville

Last Buyer's Agent

Dan Boddy

CENTURY 21 FRICK REALTORS

CENTURY 21 FRICK REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 1999

Lot Details

  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Four Seasons Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,167

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 21 To 25 Years
  • Also Includes: Blinds
  • Lvt Date: 05/15/2023
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Washer
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Storage, Walk In Closet
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Basement: Slab
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Florida Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Porch Enclosed, Sprinkler System, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Gas
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly

Lot Info

  • Location: Corner
  • Lot Dimensions: 54"X92"
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 26, 2023
Sold by
Loeb Marjorie S
Bought by
Jorgensen Frederick and Jorgensen Donna
Seller's Agent
Renee Kunze
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Dan Boddy
CENTURY 21 FRICK REALTORS
List Price
$330,000
Sold Price
$335,100
Premium/Discount to List
$5,100
1.55%
Views
37
Current Estimated Value
$390,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,654
Avg. Annual Appreciation
7.07%
Original Mortgage
$268,080
Outstanding Balance
$261,685
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$129,069

Purchase Details

Closed on
Mar 31, 2004
Sold by
Butterworth Raymond J and Butterworth Cecelia A
Bought by
Loeb Franklin X and Loeb Marjorie S
Source: Public Records

Range of Values:

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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
Jorgensen Frederick $335,100 Surety Title
Loeb Franklin X $259,900 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Frederick $268,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $335,100 +1.5% --
05/21/2023 05/21/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $330,000 -- --
Source: South Jersey Shore Regional 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 $5,167 $154,800 $33,500 $121,300
2024 $5,167 $154,800 $33,500 $121,300
2023 $4,971 $154,800 $33,500 $121,300
2022 $4,971 $154,800 $33,500 $121,300
2021 $4,872 $154,800 $33,500 $121,300
2020 $4,794 $154,800 $33,500 $121,300
2019 $4,706 $154,800 $33,500 $121,300
2018 $4,772 $154,800 $33,500 $121,300
2017 $4,772 $154,800 $33,500 $121,300
2016 $4,731 $154,800 $33,500 $121,300
2015 $4,459 $154,800 $33,500 $121,300
2014 $4,303 $154,800 $33,500 $121,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Renee Kunze

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (817) 757-3125

    7 in this area

    11 Total Sales

    Renee Kunze
    Section Image
  • Joe Marmo & Robyn Marmo

    Seller Co-Listing Agent in 2023

    Joe Marmo & Robyn Marmo

    Quail Hill Realty at Smithville

    (609) 752-6824

    79 in this area

    115 Total Sales

    Joe Marmo & Robyn Marmo
    Section Image
  • Dan Boddy

    Buyer's Agent in 2023

    Dan Boddy

    CENTURY 21 FRICK REALTORS

    (609) 703-6666

    10 in this area

    191 Total Sales

    Dan Boddy
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573987

South Jersey Shore Regional MLS

APN: 11-01173-22-00046

New Jersey Atlantic County Galloway 08205

501 Salem Way, Galloway, NJ

This home is located at 501 Salem Way, Galloway, NJ 08205 since 15 May 2023 and is currently estimated at $390,754. This property was built in 1999. 501 Salem Way is a home located in Atlantic County with nearby schools including Absegami High School, Cedar Creek High School, and Oakcrest High School.

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