Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 798-7451
151 Total Sales
1 in Galloway
$277,500 Price
521 E Brook Ln Galloway, NJ 08205
Galloway AreaEstimated Value: $345,885
Studio
--
Baths
--
Sq Ft
0.5
Acre Lot
About This Home
As of February 2024***INVESTORS NEW LISTING ALERT***2 HOMES ON 1 LOT W/ 1 TAX BILL***SEPARATE METERS FOR ELECTRIC, WATER & SEWER***0.49 ACRE***TAXES $4,082*** DOS CASA @ BROOK LN~Absolutely AMAZING investment opportunity in Galloway featuring 2 income properties on 1 parcel of land! 1st home is 2 bed 1 bath w/full unfinished basement! HVAC was updated 4 years ago, features central air along with gas forced-air heat. Gas water heater. Enclosed porch area at front of home. Loft bedroom on 2nd floor. Full bed & bath are on main floor along with family room & kitchen. Home is very well maintained and shows very well. Rent is month to month @ $1,350. 2nd home consists of family room, kitchen, bedroom along with full bath. Heat is electric as well as water heater. Rent is month to month @ $650. With a renovation of the cottage, this number will go up exponentially. Gas on property, cottage could easily be converted. Eventual plans for a 2nd floor are more than doable. Above ground oil tank is not in use and will be removed prior to closing.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- Lot Dimensions are 96x225
Home Design
- Duplex
- Vinyl Siding
Kitchen
- Stove
- Microwave
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
Parking
- 3 Parking Spaces
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Gas Water Heater
Community Details
- 2 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Feb 16, 2024
Sold by
Falivene Gerald G and Falivene Stephanie R
Bought by
Seller's Agent
Christian Lucia
LPT Realty
Buyer's Agent
KAREN SALVO, SFR
Century 21 Action Plus Realty - Northfield
List Price
$307,775
Sold Price
$307,775
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,110
Avg. Annual Appreciation
4.61%
Original Mortgage
$302,199
Interest Rate
6.62%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 4, 2015
Sold by
521 Brook Lane Llc
Bought by
Falivene Gerald G and Falivene Stephanie R
Purchase Details
Closed on
Apr 6, 2011
Sold by
Wallen Jerry
Bought by
521 Brook Lane Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Galloway, NJ
-
Peter Madden
-
Valerie Dickson
Valerie Dickson
RE/MAX at Barnegat Bay
(848) 277-0659
64 Total Sales
4 in Galloway
$360K - $523K Price Range
-
Christine Jordan
Christine Jordan
LPT Realty
(640) 900-3524
75 Total Sales
28 in Galloway
$50K - $780K Price Range
-
Daniel Smith
DS
Daniel Smith
DANIEL J SMITH REAL ESTATE INC
(609) 905-7873
24 Total Sales
1 in Galloway
$595,000 Price
-
Hader Rivas
Hader Rivas
EXP Realty, LLC
(640) 900-5237
124 Total Sales
11 in Galloway
$21K - $390K Price Range
-
Karolyn Tochterman
Karolyn Tochterman
Balsley-Losco Realtors
(609) 849-5755
82 Total Sales
4 in Galloway
$80K - $300K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $307,775 | None Listed On Document | ||
| Falivene Gerald G | $90,000 | Surety Title | |
| 521 Brook Lane Llc | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $304,645 | ||
| Closed | Marin Steven | $302,199 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $307,775 | 0.0% | -- |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $307,775 | 0.0% | -- |
| 03/01/2021 03/01/21 | Rented | -- | -- | -- |
| 02/09/2021 02/09/21 | For Rent | $1,300 | +8.3% | -- |
| 01/15/2020 01/15/20 | Rented | -- | -- | -- |
| 01/08/2020 01/08/20 | For Rent | $1,200 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,275 | $155,600 | $50,000 | $105,600 |
| 2025 | $4,096 | $155,600 | $50,000 | $105,600 |
| 2024 | $4,096 | $122,700 | $50,000 | $72,700 |
| 2023 | $3,940 | $122,700 | $50,000 | $72,700 |
| 2022 | $3,940 | $122,700 | $50,000 | $72,700 |
| 2021 | $3,861 | $122,700 | $50,000 | $72,700 |
| 2020 | $3,800 | $122,700 | $50,000 | $72,700 |
| 2019 | $3,730 | $122,700 | $50,000 | $72,700 |
| 2018 | $3,783 | $122,700 | $50,000 | $72,700 |
| 2017 | $3,783 | $122,700 | $50,000 | $72,700 |
| 2016 | $3,750 | $122,700 | $50,000 | $72,700 |
| 2015 | $3,733 | $122,700 | $50,000 | $72,700 |
| 2014 | $3,609 | $122,700 | $50,000 | $72,700 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Lucia
Seller's Agent in 2024
Christian Lucia
LPT Realty
(609) 992-1051
300 Total Sales
-
KAREN SALVO, SFR
Buyer's Agent in 2024
KAREN SALVO, SFR
Century 21 Action Plus Realty - Northfield
(609) 513-8127
90 Total Sales
-
Kevin Weeks
KW
Seller's Agent in 2021
Kevin Weeks
GALLOWAY REAL ESTATE INC
(609) 204-5801
29 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 579724
APN: 11-01064-01-00019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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