$37,500
SOLD OCT 1, 2020

625 Chestnut Ave Woodbury Heights, NJ 08097

0.22 Acre
$170,455 Price per Acre
9,750 Sq Ft Lot

Recently Sold

17% Below List Price

76 Days on Market

About This Lot

As of August 2021

Take advantage of the hot real estate market with this affordably priced, turn-key (conforming with Woodbury Height's residential zoning ordinance) building lot! Check out 625 Chestnut Ave, one of the last remaining residential building lots nestled between Woodbury Heights and Wenonah. With public water, public sewer, natural gas & electric hook-ups available in-front of the property, this 1/4 acre (75'x130') lot is the perfect candidate for your dream home and/or the perfect opportunity for a quick spec-build. Located just a stone's throw from Philadelphia, the Jersey Shore, etc, and with easy highway access to Route 55, Route 45, Route 295, etc; you'll be hard-pressed to find a better location to build in South Jersey. Conceptual site plan and zoning ordinance available for review via MLS listing.

Last Agent to Sell the Property

Brandon Hedenberg

Hedenberg Real Estate Company LLC License #1752988 Listed on: 07/07/2020

Last Buyer's Agent

Ron Bruce

BHHS Fox & Roach-Mullica Hill South License #8541117

BHHS Fox & Roach-Mullica Hill South

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,116

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75.00 x 130.00
  • Zoning described as WOODBURY HEIGHTS RESIDENTIAL Zoning Ord: https://clerkshq.com//Content/WoodburyHeights-nj/books/code/wheightsc70art4.htm#_CPA2

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 23-00086-00008

Property Details

Property Type

Land

Est. Annual Taxes

$1,116

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Land/Lot Only
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 4.36
  • Street Number Modifier: 625

Exterior Features

  • Construction Completed: No
  • 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: Public Hook/Up Avail
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: GATEWAY REGIONAL SCHOOLS
  • School District Key: 300200397473
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 75.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9750.00
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • Zoning Description: WOODBURY HEIGHTS RESIDENTIAL Zoning Ord: https://clerkshq.com//Content/WoodburyHeights-nj/books/code/wheightsc70art4.htm#_CPA2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 1116.00
  • Assessor Parcel Number: 23-00086-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/01/2020

MLS Schools

  • School District Name: GATEWAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 6, 2021
Sold by
Custom Cuts Construction
Bought by
Wagner Matthew and Wagner Jillian
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$437,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,241
Avg. Annual Appreciation
4.37%
Original Mortgage
$342,000
Outstanding Balance
$311,654
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,058

Purchase Details

Listed on
Jul 15, 2021
Closed on
Jun 14, 2021
Sold by
Stigale Evan
Bought by
Custom Cuts Construction
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$311,654
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,058

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 1, 2020
Sold by
Hedeneerg Brandon
Bought by
Stigale Evan
Seller's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
Buyer's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
List Price
$45,000
Sold Price
$37,500
Premium/Discount to List
-$7,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1424.89%

Purchase Details

Listed on
Apr 23, 2018
Closed on
Sep 28, 2018
Sold by
Demareo Mark Conway and Demareo John Joseph
Bought by
Hedenberg Brandon
Seller's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
Buyer's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
List Price
$21,000
Sold Price
$21,277
Premium/Discount to List
$277
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.76%

Purchase Details

Closed on
Dec 16, 2006
Sold by
Demareo Property Holdings Llc
Bought by
Mary Demareo

Purchase Details

Closed on
Nov 27, 2006
Sold by
Demareo Mary
Bought by
Demareo Property Holdings
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 Type Sale Price Title Company
Bargain Sale Deed $380,000 Surety Title Company Llc
Interfamily Deed Transfer -- Foundation Title Llc
Deed $37,500 None Available
Deed $37,500 New Title Company Name
Deed $21,277 Fidelity Natl Title Ins Co
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $380,000 0.0% $190 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $380,000 +913.3% $190 / Sq Ft
10/01/2020 10/01/20 Sold $37,500 -11.8% --
09/21/2020 09/21/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $42,500 -5.6% --
08/14/2020 08/14/20 For Sale $45,000 0.0% --
07/13/2020 07/13/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $45,000 +111.5% --
10/01/2018 10/01/18 Sold $21,277 0.0% --
07/30/2018 07/30/18 Pending -- -- --
07/29/2018 07/29/18 Off Market $21,277 -- --
07/22/2018 07/22/18 For Sale $21,000 -1.3% --
07/22/2018 07/22/18 Off Market $21,277 -- --
04/23/2018 04/23/18 For Sale $21,000 -- --
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
2025 $12,151 $254,800 $41,200 $213,600
2024 $12,095 $254,800 $41,200 $213,600
2023 $12,095 $254,800 $41,200 $213,600
2022 $11,978 $254,800 $41,200 $213,600
2021 $1,134 $24,700 $24,700 $0
2020 $1,134 $24,700 $24,700 $0
2019 $1,116 $24,700 $24,700 $0
2018 $1,809 $41,200 $41,200 $0
2017 $1,771 $41,200 $41,200 $0
2016 $1,725 $41,200 $41,200 $0
2015 $1,667 $41,200 $41,200 $0
2014 $1,595 $41,200 $41,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL261024

Bright MLS

APN: 23-00086-0000-00008