NOT LISTED FOR SALE

7158 1st Ave Mays Landing, NJ 08330

Estimated Value: $370,000 - $437,923

27.96 Acres
$14,448 Price per Acre
1,217,938 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $60,000

Est. 573% increase in value since last sale

Current estimated payment $2,892/month

148 Days on Market

Highlights

  • 27.96 Acre Lot
  • Wooded Lot
  • Level Lot
  • Cedar Creek High School Rated A-

About This Lot

As of December 2020

27.96 acres for just $80,000 located in hamilton Township with one old structure that needs tio be torn down. This land would be well suited for a single family home, gentleman's farm, or agriculture. Even though it is zoned an FA70 there is one older structure home on the property, whereas if using the same footprint a single family home may be built. If a different or larger footprint a variance would be required. There have been wetland studies and where the home is currently located is no problem. There I some wetland on the parcel and it is located in the Pinelands area. Excellent location convenient to a number of amenities including schools, shopping, resort beach areas, etc. This is prime agriculture property. It is being offered at just $2861 per acre.

Last Agent to Sell the Property

Michael Mavromates

LONG and FOSTER REAL ESTATE INC-Avalon License #0345948 Listed on: 01/09/2020

LONG and FOSTER REAL ESTATE INC-Avalon

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,109

Lot Details

  • 27.96 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$9,109

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 20+ To 50 Acres
  • Development Status: Wetlands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric

Lot Info

  • Location: Wooded Lot
  • Lot Dimensions: 27.96 acres
  • Number Of Acres: 27.96
  • Number Of Lots: One
  • Price Per Acre: 2861
  • Topography: Level, Partially Cleared
  • Zoning: Agricultural, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 14, 2021
Sold by
Johnson Amalia and Dibartolomeo Antoinette
Bought by
Boyd Stephen and Anthonson Sarah
Seller's Agent
Michael Mavromates
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$95,000
Sold Price
$60,000
Premium/Discount to List
-$35,000
-36.84%
Current Estimated Value
$403,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,962
Avg. Annual Appreciation
46.66%
Original Mortgage
$177,280
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1974
Bought by
Dibartolomeo Dibartolomeo D and Dibartolomeo Johnson H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boyd Stephen $60,000 National Integrity
Dibartolomeo Dibartolomeo D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Stephen $177,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $60,000 -25.0% --
06/05/2020 06/05/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $80,000 -15.8% --
01/09/2020 01/09/20 For Sale $95,000 -- --
Source: South Jersey Shore Regional 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 $9,109 $265,500 $60,000 $205,500
2024 $9,109 $265,500 $60,000 $205,500
2023 $8,262 $256,100 $60,000 $196,100
2022 $1,936 $60,000 $60,000 $0
2021 $1,996 $62,000 $60,000 $2,000
2020 $1,996 $62,000 $60,000 $2,000
2019 $2,001 $62,000 $60,000 $2,000
2018 $2,566 $82,400 $80,400 $2,000
2017 $2,526 $82,400 $80,400 $2,000
2016 $2,455 $82,400 $80,400 $2,000
2015 $2,371 $82,400 $80,400 $2,000
2014 $2,630 $100,100 $95,500 $4,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 532233

South Jersey Shore Regional MLS

APN: 12-00520-0000-00009