Seller's Agent in 2023
David Ralic
Society
(609) 553-4117
258 Total Sales
7 Main St Hancocks Bridge, NJ 08038
Estimated Value: $59,000 - $156,000
3
Beds
1.5
Baths
1,254
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- Canal View
- Colonial Architecture
- No HOA
About This Home
As of April 2023This home is being sold as-is and is currently laid out as a 2 bed 1 bath home over 1200 sq ft. There are plans to restore the home to a 3 bed 1.5 bath finish with structural engineer approval. The home was recently appraised by a lender for 205k as well. It is on well water with public sewer. The area is undergoing major economic gentrification with the NJ Wind Port under development. The roof is less than 5 years old as well. The lot backs to a canal as well near the boat launch in downtown historic Hancocks Bridge. The listing agent has a financial interest in the property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $924
Year Built
- Built in 1888
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- 1,254 Sq Ft Home
- Property has 2 Levels
- Canal Views
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Schools
- Lower Alloways Creek Elementary And Middle School
Additional Features
- Lot Dimensions are 142.50 x 0.00
- Flood Risk
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 05-00017-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2022
Closed on
Apr 18, 2023
Sold by
Holdec Llc
Bought by
Gaunt Terressa L
Seller's Agent
David Ralic
Society
Buyer's Agent
Gina Romano
Romano Realty
List Price
$50,000
Sold Price
$49,000
Premium/Discount to List
-$1,000
-2%
Total Days on Market
127
Views
171
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,405
Avg. Annual Appreciation
51.11%
Purchase Details
Closed on
Sep 28, 2022
Sold by
Cooper St Development Llc
Bought by
Holdec Llc
Purchase Details
Closed on
Jan 7, 2021
Sold by
Rios Javier Luis Martinez
Bought by
Cooper St Development Llc
Purchase Details
Closed on
Jul 31, 2019
Sold by
Partridge Investments Llc
Bought by
Martinez-Rios Javier L
Purchase Details
Closed on
Oct 4, 2001
Sold by
Smith Stacy A
Bought by
Genovese Carmella M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
6.93%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 30, 2000
Sold by
Coleman Harry M
Bought by
Smith Stacy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,850
Interest Rate
8.59%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gaunt Terressa L | $49,000 | National Integrity | |
| Holdec Llc | -- | -- | |
| Cooper St Development Llc | $15,000 | Homestead Title Agency | |
| Martinez-Rios Javier L | $2,300 | -- | |
| Genovese Carmella M | $49,000 | -- | |
| Smith Stacy A | $43,000 | Intercoastal Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Belber Timothy | $40,000 | |
| Previous Owner | Genovese Carmella M | $48,200 | |
| Previous Owner | Smith Stacy A | $40,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $49,000 | 0.0% | $39 / Sq Ft |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | Price Changed | $49,000 | -2.0% | $39 / Sq Ft |
| 11/30/2022 11/30/22 | For Sale | $50,000 | -- | $40 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $969 | $57,000 | $15,000 | $42,000 |
| 2023 | $969 | $57,000 | $15,000 | $42,000 |
| 2022 | $925 | $57,000 | $15,000 | $42,000 |
| 2021 | $924 | $57,000 | $15,000 | $42,000 |
| 2020 | $861 | $57,000 | $15,000 | $42,000 |
| 2019 | $893 | $57,000 | $15,000 | $42,000 |
| 2018 | $941 | $57,000 | $15,000 | $42,000 |
| 2017 | $914 | $57,000 | $15,000 | $42,000 |
| 2016 | $883 | $57,000 | $15,000 | $42,000 |
| 2015 | $821 | $57,000 | $15,000 | $42,000 |
| 2014 | $784 | $57,000 | $15,000 | $42,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Ralic
-
Gina Romano
Buyer's Agent in 2023
Gina Romano
Romano Realty
(856) 889-3963
341 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2006126
APN: 05-00017-0000-00001
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