NOT LISTED FOR SALE

530 Porchtown Rd Elmer, NJ 08318

Pittsgrove Township Neighborhood

Estimated Value: $153,000 - $154,532

39.51 Acres
$3,892 Price per Acre
1,721,056 Sq Ft Lot

Last Sold December 28, 2017

Last sale price $100,000

Est. 54% increase in value since last sale

Current estimated payment $988/month

186 Days on Market

Highlights

  • 39.51 Acre Lot
  • Cul-De-Sac
  • En-Suite Primary Bedroom
  • No HOA

About This Lot

As of December 2017

This property has preliminary approval for ten (10) 1.5-acre building lots, which makes it the perfect location for a custom home builder or prospective client looking to escape the "cookie-cutter", prefabricated residential development style typically used by many national home builders. Located just a short distance from major state highway Route 55- you won't have any problem getting to Pennsylvania, Delaware, the Jersey Shore, etc.

Last Agent to Sell the Property

Theodore Myszka

BHHS Fox & Roach-Washington-Gloucester Listed on: 06/01/2017

Last Buyer's Agent

Marla Newmaster

S. Kelly Real Estate LLC License #1111975

Property Details

Property Type

  • Land

Lot Details

  • 39.51 Acre Lot
  • Cul-De-Sac
  • The property's topography is level, heavily wooded

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Pittsgrove Township Middle School
  • Arthur P Schalick High School

Utilities

  • Well
  • On Site Septic
  • Septic Permit Issued
  • No Septic Approved
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00046
  • Assessor Parcel Number 11-00802-00046

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.09
  • Street Number Modifier: 530

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic Approved, Septic Permit Issued, No Septic System, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • Middle School: PITTSGROVE TOWNSHIP
  • High School: ARTHUR P SCHALICK
  • School District Key: 300200396396
  • High School: ARTHUR P SCHALICK
  • Middle Or Junior School: PITTSGROVE TOWNSHIP

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 39.51
  • Lot Dimensions: 1809, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1721056.00
  • Soil Types: Loam
  • Topography: Level, Heavily Wooded
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7798.00
  • Assessor Parcel Number: 11-00802-00046
  • Tax Lot: 00046
  • Tax Year: 2016
  • Close Date: 12/28/2017

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jan 24, 2018
Sold by
530 Porchtown Rd Llc
Bought by
Morrone John
Seller's Agent
Theodore Myszka
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Marla Newmaster
S. Kelly Real Estate LLC
List Price
$199,000
Sold Price
$100,000
Premium/Discount to List
-$99,000
-49.75%
Current Estimated Value
$153,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,766
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Jun 1, 2017
Closed on
Dec 28, 2017
Sold by
530 Porchtown Rd Llc
Bought by
Morrone John
Seller's Agent
Theodore Myszka
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Marla Newmaster
S. Kelly Real Estate LLC
List Price
$199,000
Sold Price
$100,000
Premium/Discount to List
-$99,000
-49.75%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Miller Charles M
Bought by
530 Porchtown Rd Llc

Purchase Details

Closed on
May 25, 2004
Sold by
Maldonado Lionel
Bought by
530 Porchtown Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 1999
Sold by
Beningoso Catherine
Bought by
Maldonado Lionel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 1997
Sold by
Beningoso Catherine
Bought by
Beningoso Catherine
Source: Public Records

Range of Values:

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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
Morrone John $100,000 --
Morrone John $100,000 --
530 Porchtown Rd Llc -- None Available
530 Porchtown Road Llc $380,000 --
Maldonado Lionel $115,500 Intercoastal Title Agency In
Beningoso Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 530 Porchtown Road Llc $250,000
Previous Owner 530 Porchtown Road Llc $350,000
Previous Owner 530 Porchtown Road Llc $1,350,000
Previous Owner 530 Porchtown Road Llc $430,000
Previous Owner Maldonado Lionel $135,000
Previous Owner Maldonado Lionel $17,500
Previous Owner Maldonado Lionel $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $100,000 -33.3% --
12/04/2017 12/04/17 Pending -- -- --
11/07/2017 11/07/17 Price Changed $149,900 -16.3% --
08/30/2017 08/30/17 Price Changed $179,000 -10.1% --
06/01/2017 06/01/17 For Sale $199,000 -- --
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
2024 $1,803 $45,000 $45,000 $0
2023 $1,803 $45,000 $45,000 $0
2022 $1,782 $45,000 $45,000 $0
2021 $1,732 $45,000 $45,000 $0
2020 $1,684 $45,000 $45,000 $0
2019 $6,547 $178,000 $178,000 $0
2018 $6,401 $178,000 $178,000 $0
2017 $8,219 $237,600 $237,600 $0
2016 $7,798 $237,600 $237,600 $0
2015 $7,420 $237,600 $237,600 $0
2014 $7,111 $237,600 $237,600 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Theodore Myszka

    BHHS Fox & Roach

    Section Image

  • M

    Buyer's Agent in 2017

    Marla Newmaster

    S. Kelly Real Estate LLC

    (856) 279-9208

    37 Total Sales

    Marla Newmaster
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000374651

Bright MLS

APN: 11-00802-0000-00046

New Jersey Salem County Elmer 08318 Pittsgrove Township

530 Porchtown Rd, Elmer, NJ

This home is located at 530 Porchtown Rd, Elmer, NJ 08318 since 01 June 2017 and is currently estimated at $153,766. 530 Porchtown Rd is a home located in Salem County with nearby schools including Elmer Elementary School, Pittsgrove Township Middle School, and Arthur P. Schalick High School.

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