NOT LISTED FOR SALE

524 New Bridge Rd Salem, NJ 08079

Estimated Value: $185,000 - $207,000

3 Beds
1.5 Baths
2,160 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $155,000 $72 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,285/month

346 Days on Market

Highlights

  • Water Views
  • Stream or River on Lot
  • Traditional Floor Plan
  • Colonial Architecture
  • Partially Wooded Lot
  • Corner Lot

About This Home

As of March 2024

Estate Sale. Check out this classic two-story, colonial style home (circa 1899) resting on a salt water creek offering breathtaking views of nature and wildlife abound. This two-story, three bedroom, 1 1/2 bath home offers an open layout and screened in porch for your enjoyment. Oversized eat-in kitchen. Spacious living room and family room too. Being sold in "As Is, with all Faults" condition. Seller will not be responsible for any repairs. Buyer is responsible for all inspection and certifications. Sale is subject to Short Sale Approval. Very reasonable taxes. Invest in your future today! This property has so much potential.

Last Listed By

Richard Warner

Warner Real Estate & Auction Company Listed on: 12/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1899

Lot Details

  • 1.19 Acre Lot
  • Corner Lot
  • Partially Wooded Lot
  • Marsh on Lot
  • Tidal Wetland on Lot
  • Property is in below average condition

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Family Room
  • Dining Room
  • Screened Porch
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Country Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Dirt Driveway

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Stream or River on Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1899
  • Automatically Close On Close Date: No
  • Remarks Public: Estate Sale. Check out this classic two-story, colonial style home (circa 1899) resting on a salt water creek offering breathtaking views of nature and wildlife abound. This two-story, three bedroom, 1 1/2 bath home offers an open layout and screened in porch for your enjoyment. Oversized eat-in kitchen. Spacious living room and family room too. Being sold in "As Is, with all Faults" condition. Seller will not be responsible for any repairs. Buyer is responsible for all inspection and certifications. Sale is subject to Short Sale Approval. Very reasonable taxes. Invest in your future today! This property has so much potential.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Country, Kitchen - Eat-In
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Bathroom 1, Screened Porch
  • Basement: Yes
  • Basement Type: Interior Access, Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 81.02
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 524

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding
  • Spa: No
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • 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: SALEM COUNTY PUBLIC SCHOOLS
  • School District Key: 300204230017
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Corner, Flood Plain, Marshy, Partly Wooded, Road Frontage, Stream/Creek, Trees/Wooded, Tidal Wetland
  • Lot Size Acres: 1.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51836.40
  • Property Condition: Below Average
  • Year Assessed: 2022
  • Zoning: RESI

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2088.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 1.03
  • Tax Year: 2022
  • Close Date: 03/28/2024

MLS Schools

  • School District Name: SALEM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 25, 2024
Sold by
Loatman Mary Jane and Sylvester Jane D
Bought by
Johnson Tina and Schuler Adam
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
Gabrielle Weiland
Keller Williams Realty - Cherry Hill
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Total Days on Market
346
Views
919
Current Estimated Value
$197,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,849
Avg. Annual Appreciation
24.84%

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
Johnson Tina $155,000 Core Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sylvester Jane D $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $155,000 -11.4% $72 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $175,000 0.0% $81 / Sq Ft
07/25/2023 07/25/23 For Sale $175,000 0.0% $81 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
05/11/2023 05/11/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $175,000 -12.5% $81 / Sq Ft
02/27/2023 02/27/23 Price Changed $199,900 -11.2% $93 / Sq Ft
12/06/2022 12/06/22 For Sale $225,000 0.0% $104 / Sq Ft
01/02/2019 01/02/19 Rented $1,300 0.0% --
12/10/2018 12/10/18 For Rent $1,300 -- --
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
2024 $2,190 $128,800 $28,900 $99,900
2023 $2,190 $128,800 $28,900 $99,900
2022 $2,089 $128,800 $28,900 $99,900
2021 $2,088 $128,800 $28,900 $99,900
2020 $1,945 $128,800 $28,900 $99,900
2019 $2,018 $128,800 $28,900 $99,900
2018 $2,126 $128,800 $28,900 $99,900
2017 $2,066 $128,800 $28,900 $99,900
2016 $1,995 $128,800 $28,900 $99,900
2015 $1,856 $128,800 $28,900 $99,900
2014 $1,772 $128,800 $28,900 $99,900
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJSA2006156

Bright MLS

APN: 05-00022-0000-00001-02