NOT LISTED FOR SALE

Estimated Value: $145,000 - $186,000

0.23 Acre
$713,287 Price per Acre
9,801 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $110,000

Est. 49% increase in value since last sale

Current estimated payment $1,073/month

11 Days on Market

About This Lot

As of February 2022

***PLEASE READ IN FULL*** BEST OFFER WINS, ON SUNDAY JANUARY 23! 2-bedroom bungalow on a large, double-sized corner lot in Riverside Township! Features a detached 2-car garage with a mechanic's floor pit and an in-law apartment on the second floor. Garage has electric, public water and public sewer. House also has natural gas. Both house and garage need a lot of work but water heater and oil furnace are only a few years old. Inquire with township for allowable uses and/or options for subdivision or new construction. Sold as-is. The best part? You can NAME YOUR PRICE! This is NOT a foreclosure and NOT a short sale. Property is corporate-owned as part of a relocation assistance program, and needs to be liquidated ASAP. Clear title ready for immediate settlement. Now for the terms: We seek proposals/offers from any and all interested buyers, whether they be handy homeowners, investors, builders, contractors, etc. Offers can be submitted informally via email. Contract will be offered to the best overall offer, taking both price and terms into account. Owner welcomes both cash and financed offers, so that all options can be considered. Note though, that any financing must be "hard money" or a construction loan or an FHA 203(k) renovation loan. This is an as-is sale and owner will make no repairs. Buyer is responsible for U&O/CO. Informal offers are due via email at 7 pm on Sunday, January 23. Outline key terms in your offer. Note that the listing price is the minimum acceptable offer price. Actual offers may exceed listing price substantially. Price has been set low to guarantee a sale by January 23. Please make your BEST one-time and strongest offer no later than January 23. Be prepared to provide proof of funds for cash offers, or commitment letters for financed offers. Owner desires as few contingencies as possible and you are encouraged to do any inspections before finalizing your offer. No deposit needed with initial offer; deposit will be collected at time of contract. Email with any questions (contact info is in the agent notes). Happy bidding!

Last Listed By

Tim Cao

United Real Estate Listed on: 01/13/2022

United Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,361

Year Built

  • 1945

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 99.00 x 99.00

Utilities

  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 30-02508-00016

Property Details

Property Type

Land

Est. Annual Taxes

$5,361

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Inclusions: Any personal property remaining in or on the property at settlement are to be included in the sale
  • Expected On Market: 2022-01-13
  • Federal Flood Zone: No
  • Remarks Public: ***PLEASE READ IN FULL*** BEST OFFER WINS, ON SUNDAY JANUARY 23! 2-bedroom bungalow on a large, double-sized corner lot in Riverside Township! Features a detached 2-car garage with a mechanic's floor pit and an in-law apartment on the second floor. Garage has electric, public water and public sewer. House also has natural gas. Both house and garage need a lot of work but water heater and oil furnace are only a few years old. Inquire with township for allowable uses and/or options for subdivision or new construction. Sold as-is. The best part? You can NAME YOUR PRICE! This is NOT a foreclosure and NOT a short sale. Property is corporate-owned as part of a relocation assistance program, and needs to be liquidated ASAP. Clear title ready for immediate settlement. Now for the terms: We seek proposals/offers from any and all interested buyers, whether they be handy homeowners, investors, builders, contractors, etc. Offers can be submitted informally via email. Contract will be offered to the best overall offer, taking both price and terms into account. Owner welcomes both cash and financed offers, so that all options can be considered. Note though, that any financing must be "hard money" or a construction loan or an FHA 203(k) renovation loan. This is an as-is sale and owner will make no repairs. Buyer is responsible for U&O/CO. Informal offers are due via email at 7 pm on Sunday, January 23. Outline key terms in your offer. Note that the listing price is the minimum acceptable offer price. Actual offers may exceed listing price substantially. Price has been set low to guarantee a sale by January 23. Please make your BEST one-time and strongest offer no later than January 23. Be prepared to provide proof of funds for cash offers, or commitment letters for financed offers. Owner desires as few contingencies as possible and you are encouraged to do any inspections before finalizing your offer. No deposit needed with initial offer; deposit will be collected at time of contract. Email with any questions (contact info is in the agent notes). Happy bidding!
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Price Per Sq Ft: 11.22
  • Street Number Modifier: 704

Exterior Features

  • Other Structures List: Garage(s)
  • Construction Completed: No
  • 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

Schools

  • School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396961
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 99.00 x 99.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9801.00
  • Possible Use: Funeral Home, Church, Residential, Telecommunication Site
  • Year Assessed: 2021
  • Zoning: R-1
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1732699
  • Tax Annual Amount: 5361.00
  • Assessor Parcel Number: 30-02508-00016
  • Tax Lot: 00016
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 18, 2022
Sold by
Harvester Properties Inc
Bought by
Leonardo Group Investments Llp
Seller's Agent
Tim Cao
United Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$90,000
Sold Price
$110,000
Premium/Discount to List
$20,000
22.22%
Total Days on Market
11
Current Estimated Value
$164,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,056
Avg. Annual Appreciation
13.26%
Original Mortgage
$70,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 13, 2022
Closed on
Dec 22, 2021
Sold by
Manuel Velez Jose
Bought by
Harvester Properties Inc
Seller's Agent
Tim Cao
United Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$90,000
Sold Price
$110,000
Premium/Discount to List
$20,000
22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2015
Sold by
Velez Jose A
Bought by
Velez Jose Manuel

Range of Values:

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Average Value
Not Available
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
Leonardo Group Investments Llp $110,000 Gelade Richard B
Harvester Properties Inc $65,000 Title365
Velez Jose Manuel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvester Properties Inc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $110,000 0.0% --
01/25/2022 01/25/22 Pending -- -- --
01/24/2022 01/24/22 Off Market $110,000 -- --
01/19/2022 01/19/22 Price Changed $89,900 -0.1% --
01/17/2022 01/17/22 Price Changed $90,000 +0.1% --
01/13/2022 01/13/22 Price Changed $89,900 -0.1% --
01/13/2022 01/13/22 For Sale $90,000 0.0% --
01/12/2022 01/12/22 Price Changed $90,000 -10.0% --
01/11/2022 01/11/22 Price Changed $100,000 -9.1% --
01/10/2022 01/10/22 Price Changed $110,000 -- --
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
2024 $5,535 $138,400 $57,100 $81,300
2023 $5,535 $138,400 $57,100 $81,300
2022 $5,420 $138,400 $57,100 $81,300
2021 $5,362 $138,400 $57,100 $81,300
2020 $5,268 $138,400 $57,100 $81,300
2019 $5,187 $138,400 $57,100 $81,300
2018 $4,098 $110,000 $56,300 $53,700
2017 $3,988 $110,000 $56,300 $53,700
2016 $3,839 $110,000 $56,300 $53,700
2015 $3,515 $110,000 $56,300 $53,700
2014 $3,348 $110,000 $56,300 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2015026

Bright MLS

APN: 30-02508-0000-00016