NOT LISTED FOR SALE

7 Salem Ave Newfield, NJ 08344

Estimated Value: $333,555

2 Beds
2.5 Baths
1,064 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $325,500 $306 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,255/month

96 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • Combination Kitchen and Living
  • Open Floorplan
  • Engineered Wood Flooring
  • No HOA

About This Home

As of October 2022

Wait till you see this absolutely gorgeous home. Remodeled in 2020, this home is perfect in every way. Where to start? There is a wrap-around open porch that just invites you in. Perfect for those cool summer evenings or to enjoy your morning coffee. Stepping through the front door, you are greeted by a spacious living room kitchen combination. The area features beautiful flooring that flows into the kitchen. There is a gas fireplace with a custom enclosure. The fabulous kitchen has a large center island and comfortably seats four. The kitchen also features leathered granite counters, gun-smoke stainless-steel appliances, and plenty of cabinet space. The pebble stone backsplash perfectly complements this kitchen. Take your time and take in all the fine details of these rooms. There is a modern remodeled powder room with an exquisite sink. The oak staircase features beautifully wrought iron spindles. Ascending the stairs to the second floor, look up to see the fantastic stairwell chandelier. There is a window in the stairwell that allows for plenty of natural light. Almost the entire second floor is the primary bedroom with an extra-large walk-in closet with custom closet organizers. The primary bath is just as beautiful as the rest of the house and gives that high-end spa feeling. The marble-top vanity is perfect and has plenty of counter space. The laundry room is conveniently located on the second floor. The details in the home are just impeccable. Heading outside to the oversized garage, this building is a car-lovers dream come true. Large enough for several cars, multiple boats, or even a class A full-size RV, with plenty of room for all your tools or extra storage. The garage features a 12' high ceiling and 11' X 9' wide door with an auto opener. This garage has a full drive-in basement (yes, a basement) that is 58' X 27'. There is a wood stove and pool table. The drive-in door is 8.5' wide by 6.5' high. There is definitely room for more toys and/or cars. Attached to the garage is a full guest house or in-law suite. The space is estimated at 900 sq. ft. +/-. This space consists of a living room, kitchen, bedroom, walk-in closet, and a full bath. The in-law suite was remodeled around the same time as the main home. There is an entrance through the garage and at the rear of the building. There is a 5-car carport and two separate aluminum carports. The sale of this home also includes adjoining lot 9. It is a separate block and lot and is 52' X 166'. This lot is possibly buildable or just keep the lot for yourself for all of those big family and friend parties. This home has to be seen to be appreciated. Call today for your personal tour.

Last Agent to Sell the Property

Christopher Valianti

(856) 347-0052 chris@chrisSoldit.com RE/MAX Preferred - Mullica Hill Listed on: 06/03/2022

RE/MAX Preferred - Mullica Hill

Last Buyer's Agent

Daniel Tranchina

(856) 723-1062 dan@exithomepros.com Exit Homestead Realty Professi

Exit Homestead Realty Professi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,112

Year Built

  • Built in 1888 | Remodeled in 2020

Lot Details

  • 0.31 Acre Lot
  • Property is Fully Fenced
  • Additional Land
  • Lot 9
  • Property is in very good condition
  • Property is zoned COMMERCIAL, Legal Non-Conforming Grandfather Residential

Parking

  • 4 Car Detached Garage
  • 5 Detached Carport Spaces
  • Basement Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Gravel Driveway
  • Dirt Driveway
  • Fenced Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Combination Kitchen and Living
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Additional Features

  • Porch
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 13-00106-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,112

Year Built

Built in 1888 | Remodeled in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Small aluminum carport, aluminum storage container, main house living room TV, in-law suite living room TV.
  • Home Warranty: No
  • Inclusions: Primary bedroom TV. Two Fridges, 2 Stoves, 2 washers, 2 dryers, Primary bedroom TV, Pool Table, Kitchen Island stools, Large aluminum carport, and wooden shed.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1888
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Engineered Wood, Carpet
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island
  • Window Features: Insulated, Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Primary Bathroom
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 305.45
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Crushed Stone, Dirt Driveway, Fenced
  • Garage Features: Basement Garage, Additional Storage Area, Garage - Front Entry, Oversized
  • Number Of Detached Carport Spaces: 5
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage, Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 9
  • Fencing: Fully
  • Improvement Assessed Value: 120000.00
  • Land Assessed Value: 42400.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.31
  • Lot Dimensions: 100x166 irr
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13503.60
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: COMMERCIAL
  • Zoning Description: Legal Non-Conforming Grandfather Residential

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2020315
  • Tax Annual Amount: 6112.00
  • Assessor Parcel Number: 13-00106-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Oct 26, 2022
Sold by
Sullins Jeff and Sullins Anna Maria
Bought by
Tranchina Daniel R
Seller's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Daniel Tranchina
Exit Homestead Realty Professi
List Price
$435,000
Sold Price
$325,500
Premium/Discount to List
-$109,500
-25.17%
Views
39
Current Estimated Value
$333,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,055
Avg. Annual Appreciation
0.79%
Original Mortgage
$260,000
Outstanding Balance
$251,893
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$81,662

Purchase Details

Closed on
May 21, 2018
Sold by
Sullins Stephen
Bought by
Sullins Jeff

Purchase Details

Closed on
Jul 30, 2010
Sold by
Sullins Ted J
Bought by
Sullins Jeff and Sullins Stephen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tranchina Daniel R $325,000 None Listed On Document
Sullins Jeff $24,450 None Available
Sullins Jeff -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tranchina Daniel R $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $325,500 +0.2% $306 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $325,000 -7.1% $305 / Sq Ft
08/10/2022 08/10/22 Price Changed $349,900 -12.5% $329 / Sq Ft
07/06/2022 07/06/22 Price Changed $399,900 -8.1% $376 / Sq Ft
06/03/2022 06/03/22 For Sale $435,000 +33.6% $409 / Sq Ft
06/03/2022 06/03/22 Off Market $325,500 -- --
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 $5,996 $193,200 $42,400 $150,800
2024 $6,093 $162,400 $42,400 $120,000
2023 $6,093 $162,400 $42,400 $120,000
2022 $6,103 $162,400 $42,400 $120,000
2021 $6,113 $162,400 $42,400 $120,000
2020 $6,045 $162,400 $42,400 $120,000
2019 $5,629 $162,400 $42,400 $120,000
2018 $5,525 $162,400 $42,400 $120,000
2017 $5,596 $162,400 $42,400 $120,000
2016 $5,452 $162,400 $42,400 $120,000
2015 $5,257 $162,400 $42,400 $120,000
2014 $5,031 $162,400 $42,400 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2016188

Bright MLS

APN: 13-00106-0000-00005