NOT LISTED FOR SALE

625 New Bridge Rd Salem, NJ 08079

Estimated Value: $179,525 - $367,000

2 Beds
1 Bath
1,060 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $125,000 $118 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,460/month

73 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2017

Situated in the quiet town of Lower Alloway's Creek, this charming bungalow was completely remodeled in 2014 and features 1 bedroom with a finished walk up attic for added space. An open floor plan makes it perfect for entertaining. It offers a separate dining area for more formal setting, which is a feature not commonly afforded with this style home. Right off the kitchen you will find a separate laundry room and separate bath. As an added bonus, there is a fully enclosed porch off the rear of the home where you can enjoy the views of your private well-manicured backyard. The yard is fenced, and partially shaded by a grand oak tree. In addition, there is a two-car garage as well as a single bay garage (perfect man cave/workshop!!) As if all this wasn't enough, just check out the TAXES!!!!!! You will not want to let this one slip by!!

Last Agent to Sell the Property

Eric Krwawecz

(856) 343-6000 soldbyek@gmail.com Valco Real Estate Services Listed on: 05/04/2017

Last Buyer's Agent

Marla Newmaster

(856) 279-9208 legacymarlas@gmail.com S. Kelly Real Estate LLC License #1111975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1944

Lot Details

  • 0.63 Acre Lot
  • Irregular Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Self-Cleaning Oven

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Porch

Schools

  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 05-00021-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: Shed
  • New Construction: No
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Stove - Wood, Dining Area
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 117.45
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Access To Pool: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 55200.00
  • Land Assessed Value: 20300.00
  • Lot Features: Irregular
  • Lot Size Acres: 0.63
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27443.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2195459
  • Tax Annual Amount: 1169.00
  • Assessor Parcel Number: 05-00021-00007
  • Tax Lot: 00007
  • Tax Year: 2016

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 22, 2017
Sold by
Summiel Douglas R
Bought by
Souza Laurel D
Seller's Agent
Eric Krwawecz
Valco Real Estate Services
Buyer's Agent
Marla Newmaster
S. Kelly Real Estate LLC
List Price
$124,500
Sold Price
$125,000
Premium/Discount to List
$500
0.4%
Current Estimated Value
$256,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,381
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Summiel David R and Summiel Saundra R
Bought by
Summiel Douglass R

Purchase Details

Closed on
May 27, 2005
Sold by
Summiel David R and Summiel Saundra R
Bought by
Summiel Douglas R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Souza Laurel D $125,000 Foundation Title
Summiel Douglass R -- None Available
Summiel Douglas R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $125,000 +0.4% $118 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $124,500 0.0% $117 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $124,500 -- $117 / 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 $1,342 $75,500 $20,300 $55,200
2024 $1,284 $75,500 $20,300 $55,200
2023 $1,284 $75,500 $20,300 $55,200
2022 $1,225 $75,500 $20,300 $55,200
2021 $1,224 $75,500 $20,300 $55,200
2020 $1,140 $75,500 $20,300 $55,200
2019 $1,183 $75,500 $20,300 $55,200
2018 $1,247 $75,500 $20,300 $55,200
2017 $1,211 $75,500 $20,300 $55,200
2016 $1,170 $75,500 $20,300 $55,200
2015 $1,088 $75,500 $20,300 $55,200
2014 $1,039 $75,500 $20,300 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001799749

Bright MLS

APN: 05-00021-0000-00007