NOT LISTED FOR SALE

523 Reeves Rd Millville, NJ 08332

Estimated Value: $232,000 - $289,000

2 Beds
2 Baths
1,036 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $243,000 $235 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,699/month

12 Days on Market

Highlights

  • Water Views
  • Private Water Access
  • No HOA
  • Home fronts navigable water
  • Stream or River on Lot
  • Upgraded Countertops

About This Home

As of April 2024

Discover a hidden gem! Prepare to be captivated by this property's serene charm, nestled along the picturesque Maurice River. This meticulously maintained home boasts two bedrooms and two bathrooms. The inviting kitchen and dining area seamlessly flow into a cozy living room, complete with a stunning tongue and groove ceiling for a rustic ambiance and a beautiful wood burning fireplace insert ensuring warmth throughout the first floor. Laundry is located on the main floor and sale will also include the washer & dryer. Additional space is found with two extra rooms, including a spacious den at the rear and an ideal office space at the front. The kitchen showcases modern upgrades with granite countertops and comes equipped with appliances (Refrigerator, Dishwasher, Stove/Oven). Upstairs, two bedrooms await, one of which opens onto a sizable balcony, perfect for unwinding and soaking in the property's tranquility. Step outside to revel in a beautiful stroll to the river's edge, where a privately owned dock awaits, complete with a screened gazebo adorned with lights and a ceiling fan, offering an idyllic spot to savor the breathtaking views and soothing sounds of nature. Additional storage space is provided by a one-car garage and shed. Don't let this incredible opportunity slip away; act now as it won't be available for long! Sold As Is. Appointment required, No same-day showings.

Last Agent to Sell the Property

Stephanie Verderose

Exit Homestead Realty Professi License #8737276 Listed on: 02/22/2024

Exit Homestead Realty Professi

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • Home fronts navigable water
  • Irregular Lot
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • River Nearby
  • Stream or River on Lot
  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 02-00165-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Exclusions: Free & Clear of all personal property.
  • Inclusions: Refrigerator, Electric Stove/Oven, Dishwasher, Washer & Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-23
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Discover a hidden gem! Prepare to be captivated by this property's serene charm, nestled along the picturesque Maurice River. This meticulously maintained home boasts two bedrooms and two bathrooms. The inviting kitchen and dining area seamlessly flow into a cozy living room, complete with a stunning tongue and groove ceiling for a rustic ambiance and a beautiful wood burning fireplace insert ensuring warmth throughout the first floor. Laundry is located on the main floor and sale will also include the washer & dryer. Additional space is found with two extra rooms, including a spacious den at the rear and an ideal office space at the front. The kitchen showcases modern upgrades with granite countertops and comes equipped with appliances (Refrigerator, Dishwasher, Stove/Oven). Upstairs, two bedrooms await, one of which opens onto a sizable balcony, perfect for unwinding and soaking in the property's tranquility. Step outside to revel in a beautiful stroll to the river's edge, where a privately owned dock awaits, complete with a screened gazebo adorned with lights and a ceiling fan, offering an idyllic spot to savor the breathtaking views and soothing sounds of nature. Additional storage space is provided by a one-car garage and shed. Don't let this incredible opportunity slip away; act now as it won't be available for long! Sold As Is. Appointment required, No same-day showings.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Washer, Refrigerator
  • Interior Amenities: Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1036
  • Living Area Sq Ft: 1036
  • Price Per Sq Ft: 250.00
  • Above Grade Finished Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 523

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Frame
  • Exterior Features: Underground Lawn Sprinkler
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Maurice River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COMMERCIAL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396119
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Irregular
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3172.00
  • Assessor Parcel Number: 02-00165-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1036
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/12/2024

MLS Schools

  • School District Name: COMMERCIAL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 12, 2024
Sold by
Pansa Vicki L and Pansa Wayne K
Bought by
Vaughn Todd Michael
Seller's Agent
Stephanie Verderose
Exit Homestead Realty Professi
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$259,000
Sold Price
$243,000
Premium/Discount to List
-$16,000
-6.18%
Views
1091
Current Estimated Value
$261,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,974
Avg. Annual Appreciation
5.77%
Original Mortgage
$248,224
Interest Rate
7.1%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2016
Sold by
Pansa Vicki L and Pansa Wayne K
Bought by
Pansa Vicki L and Pansa Wayne K

Purchase Details

Closed on
Sep 10, 2016
Sold by
Pansa Tammy B
Bought by
Pansa Wayne K

Purchase Details

Closed on
Jan 31, 1994
Sold by
Wasicki Robert
Bought by
Pansa Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.12%
Mortgage Type
FHA
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
Vaughn Todd Michael $243,000 None Listed On Document
Pansa Vicki L -- None Available
Pansa Wayne K -- None Available
Pansa Wayne $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Todd Michael $248,224
Previous Owner Pansa Wayne $14,157
Previous Owner Pansa Wayne $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $243,000 -6.2% $235 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $259,000 -- $250 / 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 $3,248 $108,500 $34,600 $73,900
2024 $3,248 $108,500 $34,600 $73,900
2023 $3,204 $108,500 $34,600 $73,900
2022 $3,173 $108,500 $34,600 $73,900
2021 $3,120 $108,500 $34,600 $73,900
2020 $3,053 $108,500 $34,600 $73,900
2019 $2,855 $108,500 $34,600 $73,900
2018 $2,876 $108,500 $34,600 $73,900
2017 $2,780 $108,500 $34,600 $73,900
2016 $2,690 $108,500 $34,600 $73,900
2015 $2,707 $108,500 $34,600 $73,900
2014 $2,602 $108,500 $34,600 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2016790

Bright MLS

APN: 02-00165-0000-00003