NOT LISTED FOR SALE

59 Institute Place Bridgeton, NJ 08302

Estimated Value: $200,991 - $280,000

3 Beds
2 Baths
1,644 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $170,400 $104 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,689/month

Highlights

  • Colonial Architecture
  • Attic
  • Formal Dining Room
  • Traditional Floor Plan
  • No HOA
  • 2 Car Detached Garage

About This Home

As of August 2020

Take advantage of this great OPPORTUNITY!! This 3 bedroom and 2 bath home will check off all of your needs and wants! No need to buy a vacuum since this home features all new luxury vinyl flooring and ceramic tile in the baths. NEW ROOF was recently installed as well, so there is no need to have that worry for a long time! Relax by the cozy fireplace in the nice sized living room! Loads of light flows into the sun room, a great place for kids homework, an office or a place to read that favorite book! Kitchen is located in the rear of the home and features a gas range / oven as well as a nice sized stainless sink, quartz counter tops and European soft close 42" cabinets and drawers! There is a beautiful FULL BATH with a large walk in shower and glass door, with lots of ceramic tile, located on the main floor off of the kitchen. The upstairs offers three other bedrooms and another large FULL BATH which has subway tile surrounding the tub and a linen closet as well! This home was rehabbed with a new roof, new vinyl siding, new vinyl replacement windows and freshly painted inside and out! There is a 16 x 16 concrete patio in the rear yard and waiting for your patio set and Barbecue grill. Large clean basement with a painted floor offers additional living space or storage and is also the location of the washer and dryer hook up. The entire house was rewired and a NEW natural gas heater and hot water heater was installed. The entire plumbing system was also updated with pex plumbing. A nice sized DETACHED 2 CAR GARAGE is located in the rear yard with NEW roof and garage doors, and offers additional storage place or a warm and sheltered area to keep cars, boats or maintain your hobbies! Give a call today for your private tour!!! Home is vacant and easy to show!!

Last Agent to Sell the Property

Vincent Parenti

(856) 297-7537 parentipropertieskw@gmail.com Keller Williams Prime Realty Listed on: 04/20/2020

Keller Williams Prime Realty

Last Buyer's Agent

Carmen Minguela

(609) 501-2340 carmen@kapitalmrealty.com Better Homes and Gardens Real Estate Maturo License #9805877

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1930 | Remodeled in 2020

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Paneling
  • Ceiling Fan
  • Brick Fireplace
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 01-00217-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,173

Year Built

Built in 1930 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1930
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Take advantage of this great OPPORTUNITY!! This 3 bedroom and 2 bath home will check off all of your needs and wants! No need to buy a vacuum since this home features all new luxury vinyl flooring and ceramic tile in the baths. NEW ROOF was recently installed as well, so there is no need to have that worry for a long time! Relax by the cozy fireplace in the nice sized living room! Loads of light flows into the sun room, a great place for kids homework, an office or a place to read that favorite book! Kitchen is located in the rear of the home and features a gas range / oven as well as a nice sized stainless sink, quartz counter tops and European soft close 42" cabinets and drawers! There is a beautiful FULL BATH with a large walk in shower and glass door, with lots of ceramic tile, located on the main floor off of the kitchen. The upstairs offers three other bedrooms and another large FULL BATH which has subway tile surrounding the tub and a linen closet as well! This home was rehabbed with a new roof, new vinyl siding, new vinyl replacement windows and freshly painted inside and out! There is a 16 x 16 concrete patio in the rear yard and waiting for your patio set and Barbecue grill. Large clean basement with a painted floor offers additional living space or storage and is also the location of the washer and dryer hook up. The entire house was rewired and a NEW natural gas heater and hot water heater was installed. The entire plumbing system was also updated with pex plumbing. A nice sized DETACHED 2 CAR GARAGE is located in the rear yard with NEW roof and garage doors, and offers additional storage place or a warm and sheltered area to keep cars, boats or maintain your hobbies! Give a call today for your private tour!!! Home is vacant and easy to show!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Range Hood
  • Flooring Type: Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1644
  • Living Area Sq Ft: 1644
  • Price Per Sq Ft: 109.12
  • Above Grade Finished Sq Ft: 1644
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 59

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRIDGETON PUBLIC SCHOOLS
  • School District Key: 300200396116
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 96700.00
  • Land Assessed Value: 9500.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3103297
  • Tax Annual Amount: 5173.00
  • Assessor Parcel Number: 01-00217-00022
  • Tax Lot: 00022
  • Tax Total Finished Sq Ft: 1644
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/17/2020

MLS Schools

  • School District Name: BRIDGETON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Aug 19, 2020
Sold by
Bridgeton House Llc
Bought by
Lopez Marcelino S
Seller's Agent
Vincent Parenti
Keller Williams Prime Realty
Buyer's Agent
Carmen Minguela
Better Homes and Gardens Real Estate Maturo
List Price
$195,000
Sold Price
$170,400
Premium/Discount to List
-$24,600
-12.62%
Current Estimated Value
$230,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,098
Avg. Annual Appreciation
5.99%
Original Mortgage
$176,150
Outstanding Balance
$155,966
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$74,532

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 23, 2019
Sold by
Atlantica Llc
Bought by
Bridgeton House Llc
Seller's Agent
Christina Harris
Coldwell Banker Excel Realty
Buyer's Agent
Jan Elwell
RE/MAX Preferred - Vineland
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.46%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Hickman Bruce H and Hickman Merri S
Bought by
Butler Kelly and Butler Sookja

Purchase Details

Closed on
Sep 6, 1996
Sold by
Police & Firemens Retirement System
Bought by
Hickman Bruce H and Hickman Merri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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
Lopez Marcelino S $179,400 None Available
Bridgeton House Llc $50,000 --
Butler Kelly $149,000 --
Hickman Bruce H $67,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Marcelino S $176,150
Previous Owner Hickman Bruce H $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $170,400 -5.0% $104 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $179,400 -0.3% $109 / Sq Ft
06/12/2020 06/12/20 Price Changed $179,900 -4.1% $109 / Sq Ft
05/31/2020 05/31/20 Price Changed $187,500 -1.3% $114 / Sq Ft
05/13/2020 05/13/20 Price Changed $189,900 -1.4% $116 / Sq Ft
05/05/2020 05/05/20 Price Changed $192,500 -1.3% $117 / Sq Ft
04/20/2020 04/20/20 For Sale $195,000 +290.0% $119 / Sq Ft
10/15/2019 10/15/19 Sold $50,000 -33.2% $30 / Sq Ft View Prior Sale
09/20/2019 09/20/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $74,900 -- $46 / 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 $5,759 $108,900 $9,500 $99,400
2024 $5,759 $108,900 $9,500 $99,400
2023 $5,527 $108,900 $9,500 $99,400
2022 $5,475 $108,900 $9,500 $99,400
2021 $5,293 $108,900 $9,500 $99,400
2020 $5,293 $106,200 $9,500 $96,700
2019 $5,173 $106,200 $9,500 $96,700
2018 $4,946 $106,200 $9,500 $96,700
2017 $4,802 $106,200 $9,500 $96,700
2016 $4,659 $106,200 $9,500 $96,700
2015 $4,577 $106,200 $9,500 $96,700
2014 $4,623 $81,600 $5,500 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB126518

Bright MLS

APN: 01-00217-0000-00022