NOT LISTED FOR SALE

53 W Main St Unit 55 Penns Grove, NJ 08069

Estimated Value: $251,837 - $340,000

-- Bed
-- Bath
2,940 Sq Ft
$99/Sq Ft Est. Value

About This Home

This home is located at 53 W Main St Unit 55, Penns Grove, NJ 08069 and is currently estimated at $292,459, approximately $99 per square foot. 53 W Main St Unit 55 is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Field Street Elementary School, and Paul W. Carleton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Rdp Properties Llc
Bought by
Penns Grove Property Associates Llc
Current Estimated Value
$292,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,492,441
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$1,199,982

Purchase Details

Closed on
May 12, 2017
Sold by
5355 West Main Llc
Bought by
Rdp Properties Llc

Purchase Details

Closed on
Jul 13, 2010
Sold by
Burke John J and Burke Michele E
Bought by
5355 West Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lloyd Vernetta I
Bought by
Burke John J and Burke Michele E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Lloyd Vernetta
Bought by
Lloyd Vernetta
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Penns Grove Property Associates Llc $255,000 Pittman Title
Rdp Properties Llc -- None Available
5355 West Main Llc $198,000 --
Burke John J $80,000 Salem Oak Title Agency Inc
Lloyd Vernetta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penns Grove Property Associates Llc $1,500,000
Previous Owner 5355 West Main Llc $158,400
Previous Owner Burke John J $100,000
Source: Public Records

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 $8,940 $161,200 $18,300 $142,900
2024 $8,640 $161,200 $18,300 $142,900
2023 $8,640 $161,200 $18,300 $142,900
2022 $8,329 $161,200 $18,300 $142,900
2021 $7,970 $161,200 $18,300 $142,900
2020 $8,075 $161,200 $18,300 $142,900
2019 $8,108 $161,200 $18,300 $142,900
2018 $8,056 $125,000 $26,300 $98,700
2017 $8,084 $199,700 $26,300 $173,400
2016 $7,778 $199,700 $26,300 $173,400
2015 $7,451 $199,700 $26,300 $173,400
2014 $7,369 $199,700 $26,300 $173,400
Source: Public Records

Map

New Jersey Salem County Penns Grove 08069

53 W Main St Unit 55, Penns Grove, NJ

This home is located at 53 W Main St Unit 55, Penns Grove, NJ 08069 and is currently estimated at $292,459, approximately $99 per square foot. 53 W Main St Unit 55 is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Field Street Elementary School, and Paul W. Carleton Elementary School.

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.

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