NOT LISTED FOR SALE

628 E Chestnut Ave Vineland, NJ 08360

Estimated Value: $63,723 - $148,000

0.37 Acre
$286,114 Price per Acre
16,117 Sq Ft Lot

Last Sold August 30, 2023

Last sale price $55,000

Est. 92% increase in value since last sale

Current estimated payment $727/month

406 Days on Market

About This Lot

As of August 2023

Great Multi Use Opportunity! to build to your own specifications. Property Zoned - NC (Neighborhood-Commercial/Retail) Buildable Lot, previously had 2 homes on the property. Permitted use: Office, Parking Lot, Restaurant, residential single/2 fam home, duplex/multi fam home, townhouse, retail commercial sales & service, gas station. Application available with city of vineland zoning for additional permitted use variance if approved. Public water (city of vineland), Public sewer (Landis Sewerage Authority). School District - City of Vineland Public schools. Christian schools in district. No wetlands, No pinelands, No flood zone. Close to Cumberland Mall , Cumberland Crossings & Union Lake Crossings shopping Centers, restaurants, Deli, grocery stores, off route 55. City of Vineland supporting docs map, zoning, building spec envelop. lot size 100x160 0.367 acres Buyer is responsible for their own due diligence, fees and inspections with the City of Vineland. Sold "as is"

Are you looking for the perfect location to build your dream home or commercial retail space? Look no further than this vacant property, located at 628 East Chestnut Ave., Vineland NJ.
With endless possibilities for development, this property offers a unique opportunity to create a custom-built residential single family home, multi family duplex or commercial retail space that meets your needs.
Located in a desirable neighborhood, this property is easily accessible and offers a convenient location for a variety of uses.

Whether you are looking to build your dream home or a commercial retail space, this property is a blank canvas waiting for your creative vision.
As a residential property, this lot provides ample space to build a custom home or duplex that suits your style and preferences. The property's size and location provide an opportunity for privacy while still being close to local amenities such as schools, parks, and shopping centers.
Alternatively, as a commercial or retail property, this vacant lot offers an excellent opportunity for investors and business owners to build a retail space that caters to the local community's needs. The neighborhood commercial zoning allows for a variety of uses, including small retail stores, restaurants, cafes, and other similar businesses.
Don't miss out on this unique opportunity that offers a convenient location with a variety of uses to build your dream home or commercial retail space in this neighborhood business district. Start your journey of possibilities today!

Last Agent to Sell the Property

Valerie Gentile

(856) 285-6934 realestatebuyvalerie@gmail.com Balsley-Losco Realtors License #2293737 Listed on: 05/27/2022

Balsley-Losco Realtors

Last Buyer's Agent

Valerie Gentile

(856) 285-6934 realestatebuyvalerie@gmail.com Balsley-Losco Realtors License #2293737 Listed on: 05/27/2022

Balsley-Losco Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,970

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100.00 x 160.00
  • Cleared Lot
  • Property is zoned NC, Neighborhood Commercial/Retail District - Buildable Lot

Schools

  • Dr William Mennies Elementary School
  • Veterans Memorial Middle School
  • Vineland Senior High School North

Utilities

  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 14-04115-00017

Property Details

Property Type

Land

Est. Annual Taxes

$1,970

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Land/Lot Only
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 3.69

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Street
  • 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 Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: DR WILLIAM MENNIES
  • High School: VINELAND SENIOR H.S. NORTH
  • Middle Or Junior School: VETERANS MEMORIAL

Lot Info

  • Additional Parcels: No
  • Lot Count: 1
  • Lot Features: Cleared
  • Lot Size Acres: 0.37
  • Lot Dimensions: 100.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16000.00
  • Zoning: NC
  • Zoning Description: Neighborhood Commercial/Retail District - Buildable Lot
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1970.00
  • Assessor Parcel Number: 14-04115-00017
  • Tax Lot: 00017
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 30, 2023
Sold by
Ferreri Frank Paul
Bought by
Rawls Tracy
Seller's Agent
Valerie Gentile
Balsley-Losco Realtors
Buyer's Agent
Valerie Gentile
Balsley-Losco Realtors
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%
Views
454
Current Estimated Value
$105,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,862
Avg. Annual Appreciation
33.44%
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
Rawls Tracy $55,000 Foundation Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $55,000 0.0% --
08/30/2023 08/30/23 Sold $55,000 -6.8% -- View Prior Sale
07/07/2023 07/07/23 Pending -- -- --
07/07/2023 07/07/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $59,000 0.0% --
03/06/2023 03/06/23 Price Changed $59,000 -21.3% --
05/27/2022 05/27/22 For Sale $75,000 0.0% --
05/04/2022 05/04/22 For Sale $75,000 -- --
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 $2,044 $64,200 $64,200 --
2024 $2,044 $64,200 $64,200 $0
2023 $2,031 $64,200 $64,200 $0
2022 $1,970 $64,200 $64,200 $0
2021 $1,934 $64,200 $64,200 $0
2020 $1,879 $64,200 $64,200 $0
2019 $1,853 $64,200 $64,200 $0
2018 $1,805 $64,200 $64,200 $0
2017 $1,714 $64,200 $64,200 $0
2016 $1,654 $64,200 $64,200 $0
2015 $1,593 $64,200 $64,200 $0
2014 $1,506 $64,200 $64,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2006962

Bright MLS

APN: 14-04115-0000-00017