NOT LISTED FOR SALE

7 Gillison Ave Penns Grove, NJ 08069

Estimated Value: $184,000 - $268,000

3 Beds
2 Baths
1,228 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $40,000 $33 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $1,758/month

637 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • 1 Fireplace
  • Living Room
  • Central Heating and Cooling System

About This Home

As of September 2020

In need of TLC but would be a great starter home or someone looking to downsize. With a little sweat equity make it your forever home. This is a short sale and is subject to bank approval. As a SHORT SALE, the property is being sold "AS-IS" and the Buyer will be responsible for all inspections, and certifications. LA & Seller assume no responsibility & make no guarantees,representations,warranties (express,implied or otherwise)as to the availability or accuracy of information contained herein.Agent and Buyer must wear gloves and mask for all showings and abide by the CDC guidelines. Seller may deny entrance if Agent and Buyer are not wearing gloves or mask. Please do not tour the home if you believe that you or someone you know has been exposed to the COVID-19 virus. We will be happy to assist with rescheduling showings or setting up virtual showings. Please keep in mind that we can not guarantee the health status of all others who have entered this home, so be sure to take all necessary precautions for your own health and safety.

Last Agent to Sell the Property

Melissa Morfin

Coldwell Banker Realty License #1328433 Listed on: 11/13/2018

Coldwell Banker Realty

Last Buyer's Agent

Melissa Morfin

Coldwell Banker Realty License #1328433 Listed on: 11/13/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 50x110

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,228 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

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

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 08-00036-00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Existing Fixtures, Appliances, "As Is"
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: In need of TLC but would be a great starter home or someone looking to downsize. With a little sweat equity make it your forever home. This is a short sale and is subject to bank approval. As a SHORT SALE, the property is being sold "AS-IS" and the Buyer will be responsible for all inspections, and certifications. LA & Seller assume no responsibility & make no guarantees,representations,warranties (express,implied or otherwise)as to the availability or accuracy of information contained herein.Agent and Buyer must wear gloves and mask for all showings and abide by the CDC guidelines. Seller may deny entrance if Agent and Buyer are not wearing gloves or mask. Please do not tour the home if you believe that you or someone you know has been exposed to the COVID-19 virus. We will be happy to assist with rescheduling showings or setting up virtual showings. Please keep in mind that we can not guarantee the health status of all others who have entered this home, so be sure to take all necessary precautions for your own health and safety.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1228
  • Living Area Sq Ft: 1228
  • Net Sq Ft: 1228.00
  • Price Per Sq Ft: 67.18
  • Above Grade Finished Sq Ft: 1228
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5500.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5075.00
  • Assessor Parcel Number: 08-00036-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 09/10/2020

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Myers Eric
Bought by
Shvartsberg Alan Elan and Ye Celeste Li
Total Days on Market
637
Current Estimated Value
$236,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,548
Outstanding Balance
$169,568
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$67,160

Purchase Details

Listed on
Nov 13, 2018
Closed on
Sep 9, 2020
Sold by
Fortino Mary L and Chavez Roxanne
Bought by
Myers Eric
Seller's Agent
Melissa Morfin
Coldwell Banker Realty
Buyer's Agent
Melissa Morfin
Coldwell Banker Realty
List Price
$82,500
Sold Price
$40,000
Premium/Discount to List
-$42,500
-51.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.40%

Purchase Details

Closed on
Sep 16, 1986
Bought by
Fortino John M and Fortino Mary
Source: Public Records

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Range of Values:

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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
Shvartsberg Alan Elan $189,990 National Integrity Llc
Myers Eric $40,000 Foundation Title Llc
Fortino John M $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shvartsberg Alan Elan $186,548
Previous Owner Fortino John M $131,585
Previous Owner Fortino John M $130,650
Previous Owner Fortino John M $124,502
Previous Owner Fortino John N $114,450
Previous Owner Fortino John M $135,000
Previous Owner Fortino John $118,000
Previous Owner Fortino John M $88,000
Previous Owner Fortino John M $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $40,000 -51.5% $33 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $82,500 +106.3% $67 / Sq Ft
06/30/2020 06/30/20 Off Market $40,000 -- --
12/02/2019 12/02/19 For Sale $82,500 0.0% $67 / Sq Ft
12/02/2019 12/02/19 Price Changed $82,500 -2.9% $67 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $85,000 -- $69 / 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
2024 $6,025 $112,400 $18,200 $94,200
2023 $6,025 $112,400 $18,200 $94,200
2022 $5,808 $112,400 $18,200 $94,200
2021 $4,583 $92,700 $18,200 $74,500
2020 $4,643 $92,700 $18,200 $74,500
2019 $4,413 $92,700 $18,200 $74,500
2018 $4,825 $125,800 $25,200 $100,600
2017 $4,842 $125,800 $25,200 $100,600
2016 $4,650 $125,800 $25,200 $100,600
2015 $4,444 $125,800 $25,200 $100,600
2014 $4,392 $125,800 $25,200 $100,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA100634

Bright MLS

APN: 08-00036-0000-00005