NOT LISTED FOR SALE

503 Route 45 Salem, NJ 08079

Estimated Value: $478,000 - $1,310,000

3 Beds
1 Bath
-- Sq Ft
62.59 Acres

Last Sold August 30, 2017

Last sale price $675,000

Est. 33% increase in value since last sale

Current estimated payment $6,229/month

Highlights

  • Barn
  • Water Oriented
  • Pond
  • Mannington Township School Rated A-
  • 62.59 Acre Lot
  • Farmhouse Style Home

About This Home

As of August 2017

Whether you are looking for a special property for your horses, prime farmland or a development opportunity this charming 3BR farmhouse with a 60 x 20 heated 3-bay garage, 10 stall barn with washroom and office/tack room situated on 63 /- picture-perfect rural acres in desirable Mannington Township is a smart choice! Great starter farm with good soil types. This one-of-a-kind property is truly an investment in your future. Property has approximately 1664 feet of road frontage and is currently zoned agriculture(AGR). Buyer responsible for any and all rollback taxes if applicable. Close proximity to Delaware Memorial Bridge, I-295, PA Bridges and NJ Turnpike(exit 1).

Last Agent to Sell the Property

Richard Warner

(856) 430-0072 rich@warnerrealtors.com Warner Real Estate & Auction Company Listed on: 01/23/2017

Last Buyer's Agent

Kerry Featherer

(609) 221-4402 kerryfeatherer@email.com American Dream Realty of South Jersey

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1947

Lot Details

  • 62.59 Acre Lot
  • Wood Fence
  • Interior Lot
  • The property's topography is level, pasture, clear/open
  • Subdivision Possible
  • Property is zoned AGR, Subject To Zoning

Home Design

  • Farmhouse Style Home
  • Farm

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond

Schools

  • Salem High School

Farming

  • Barn
  • Crops
  • Horse Farm
  • Livestock

Utilities

  • Well
  • Approved Septic System
  • On Site Septic
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00034-QFARM
  • Assessor Parcel Number 06-00039-00034-QFARM

Property Details

Property Type

Other

Est. Annual Taxes

$1,062

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Farm
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1947
  • Remarks Public: Whether you are looking for a special property for your horses, prime farmland or a development opportunity this charming 3BR farmhouse with a 60 x 20 heated 3-bay garage, 10 stall barn with washroom and office/tack room situated on 63 /- picture-perfect rural acres in desirable Mannington Township is a smart choice! Great starter farm with good soil types. This one-of-a-kind property is truly an investment in your future. Property has approximately 1664 feet of road frontage and is currently zoned agriculture(AGR). Buyer responsible for any and all rollback taxes if applicable. Close proximity to Delaware Memorial Bridge, I-295, PA Bridges and NJ Turnpike(exit 1).
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Room Count: 6
  • Room List: Primary Bedroom
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures List: Barn, Garage(s)
  • Road Surface Type: Us Highway/Interstate
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, Septic Exists, On Site Septic
  • Utilities: Natural Gas Available, Electric Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • High School: SALEM
  • School District Key: 300200396391
  • High School: SALEM

Lot Info

  • Farm Operation: Horse, Row Crop, Livestock, Dairy
  • Fencing: Wood
  • Land Assessed Value: 38900.00
  • Lot Features: Subdivision Possible, Interior
  • Lot Size Acres: 62.59
  • Lot Dimensions: 1,664 X 1,895, LotWidth:1664
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2726400.00
  • Soil Types: Loam
  • Topography: Level, Pasture, Clear/Open
  • Zoning: AGR
  • Zoning Description: Subject To Zoning

Rental Info

  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2197345
  • Tax Annual Amount: 1062.00
  • Assessor Parcel Number: 06-00039-00034-QFARM
  • Tax Lot: 00034-QFARM
  • Tax Year: 2016
  • Close Date: 08/30/2017

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Aug 30, 2017
Sold by
Booth Kevin M and Booth Joyce M
Bought by
Velasquez Juan E
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
Kerry Featherer
American Dream Realty of South Jersey
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$899,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,822
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Feb 4, 2016
Sold by
Booth Dathan Morse and Estate Of Verna B Clemente
Bought by
Booth Kevin M and Booth Joyce M
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
Velasquez Juan E $675,000 Continental Title
Booth Kevin M -- None Available
Booth Kevin M -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $675,000 -3.6% --
05/25/2017 05/25/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $700,000 -- --
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 $17,500 $503,300 $286,300 $217,000
2024 $17,374 $503,300 $286,300 $217,000
2023 $17,374 $503,300 $286,300 $217,000
2022 $17,449 $503,300 $286,300 $217,000
2021 $15,353 $503,300 $286,300 $217,000
2020 $15,770 $495,900 $286,300 $209,600
2019 $15,353 $495,900 $286,300 $209,600
2018 $7,373 $249,600 $40,000 $209,600
2017 $7,176 $249,600 $40,000 $209,600
2016 $6,812 $249,600 $40,000 $209,600
2015 $6,297 $249,600 $40,000 $209,600
2014 $6,103 $249,600 $40,000 $209,600
Source: Public Records

Agents Affiliated with this Home

  • Richard Warner

    Seller's Agent in 2017

    Richard Warner

    Warner Real Estate & Auction Company

    (856) 430-0072

    167 Total Sales

    Richard Warner
    Section Image
  • Kerry Featherer

    Buyer's Agent in 2017

    Kerry Featherer

    American Dream Realty of South Jersey

    (609) 221-4402

    12 Total Sales

    Kerry Featherer
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001799211

Bright MLS

APN: 06-00039-0000-00034

New Jersey Salem County Salem 08079

503 Route 45, Salem, NJ

This home is located at 503 Route 45, Salem, NJ 08079 since 23 January 2017 and is currently estimated at $899,822. This property was built in 1947. 503 Route 45 is a home located in Salem County with nearby schools including Mannington Township School.

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