NOT LISTED FOR SALE

5993 Lake Rd Newfield, NJ 08344

Franklin Township Neighborhood

Estimated Value: $385,577 - $463,000

3 Beds
1.5 Baths
1,676 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $275,000 $164 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,107/month

Highlights

  • In Ground Pool
  • Rambler Architecture
  • 4 Garage Spaces | 2 Attached and 2 Detached
  • 2 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

This home is located at 5993 Lake Rd, Newfield, NJ 08344 since 19 March 2021 and is currently estimated at $426,144, approximately $254 per square foot. This property was built in 1973. 5993 Lake Rd is a home located in Gloucester County with nearby schools including Delsea Regional Middle School, Delsea Regional High School, and Edgarton Christian Academy.

Last Agent to Sell the Property

Valerie Coppola

(609) 221-3022 vcoppola6@gmail.com HOF Realty License #562938 Listed on: 03/19/2021

Last Buyer's Agent

Valerie Coppola

(609) 221-3022 vcoppola6@gmail.com HOF Realty License #562938 Listed on: 03/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1973

Lot Details

  • 2 Acre Lot
  • Property is zoned PRR

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,676 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 05-05802-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,973

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Stove, Oven, Microwave, Dishwasher, Fans, Light Fixtures
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1676
  • Living Area Sq Ft: 1676
  • Price Per Sq Ft: 164.08
  • Above Grade Finished Sq Ft: 1676
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Attached Garage, Detached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 130800.00
  • Land Assessed Value: 36000.00
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: PRR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1983032
  • Tax Annual Amount: 5973.00
  • Assessor Parcel Number: 05-05802-00024
  • Tax Lot: 00024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Salvatore Fricano
Bought by
Fricano Salvatore and Fricano Lisa
Current Estimated Value
$426,144

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 23, 2021
Sold by
Sc & Bg Properties Llc
Bought by
Fricano Salvatore
Seller's Agent
Valerie Coppola
HOF Realty
Buyer's Agent
Valerie Coppola
HOF Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$125,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2020
Sold by
Rosemont Farms Llc
Bought by
Sc & Bg Properties Llc

Purchase Details

Closed on
Mar 21, 2018
Sold by
Abiuso John C and Abiuso Amelia F
Bought by
Rosemont Farmss Llc

Purchase Details

Closed on
Nov 22, 2010
Sold by
Abiuso John C and Abiuso Amelia D
Bought by
Abiuso John C and Abiuso Amelia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,145
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1999
Sold by
Abiuso John C and Abiuso Amelia D
Bought by
Abiuso John C and Abiuso Amelia D

Purchase Details

Closed on
Nov 21, 1994
Sold by
Abiuso John C
Bought by
Abiuso Amelia D and Abiuso Dolores M

Purchase Details

Closed on
Oct 31, 1994
Sold by
Copan Augustin
Bought by
Abiuso Dolores M and Abiuso John C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fricano Salvatore -- --
Fricano Salvatore -- None Listed On Document
Fricano Salvatore $275,000 Fidelity National Ttl Ins Co
Fricano Salvatore $275,000 None Listed On Document
Sc & Bg Properties Llc $152,500 None Available
Rosemont Farmss Llc $101,400 None Available
Abiuso John C -- None Available
Abiuso John C -- --
Abiuso Amelia D -- --
Abiuso Dolores M $192,000 The Title Group Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fricano Salvatore $125,000
Previous Owner Abiuso John C $287,145
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $275,000 0.0% $164 / Sq Ft
03/19/2021 03/19/21 For Sale $275,000 -- $164 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
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 $10,386 $269,000 $36,000 $233,000
2024 $10,141 $269,000 $36,000 $233,000
2023 $10,141 $269,000 $36,000 $233,000
2022 $8,887 $242,100 $36,000 $206,100
2021 $6,036 $166,800 $36,000 $130,800
2020 $8,594 $166,800 $36,000 $130,800
2019 $8,474 $240,000 $36,000 $204,000
2018 $8,366 $240,000 $36,000 $204,000
2017 $8,198 $240,000 $36,000 $204,000
2016 $8,155 $240,000 $36,000 $204,000
2015 $7,836 $240,000 $36,000 $204,000
2014 $7,543 $240,000 $36,000 $204,000
Source: Public Records

Agents Affiliated with this Home

  • Valerie Coppola

    Seller's Agent in 2021

    Valerie Coppola

    HOF Realty

    (609) 221-3022

    15 in this area

    123 Total Sales

    Valerie Coppola
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Map

Source: Bright MLS

MLS Number: NJGL272708

Bright MLS

APN: 05-05802-0000-00024

New Jersey Gloucester County Newfield 08344 Franklin Township

5993 Lake Rd, Newfield, NJ

Not Listed for Sale

Detached

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