$180,000
SOLD FEB 3, 2021

740 E 3rd St Florence, NJ 08518

3 Beds
2 Baths
2,144 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

12% Above List Price

30 Days on Market

Highlights

  • Rambler Architecture
  • Additional Land
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of November 2021

May be viewed at open house on Saturday, December 26th. All final and best offers to be submitted by midnight January 6, 2021. Offers MUST state contingent upon suitable housing for occupant. This home is waiting to be updated and rehabbed! What an opportunity for an investor or homeowner occupancy. The current property has 3 tax bills, which add up to approximately $7900/year. Taxes are current and this is for informational purposes only. The house is on two adjoining lots on E 3rd St and the lot behind is a separate 65 x 100 lot, which does have the paved driveway on it that leads to the rear of the main home. Lot not being sold separately, for those who would want to pursue legal aspects of building a home on E 2nd St. The home had an addition constructed many years ago, adding the right-wing that has a huge family room, main bedroom, and bath with a shower stall. The original portion of the home is on a slab, while there is a small unfinished basement and a rear garage door. The former garage is now storage area the size of a shed. Parking is in the rear of the sloping yard, so configure how you see best. If you want massive rear yard space, this is for you. Maybe thoughts of a big garage added down the road, or a pool to enjoy! The entire home is being sold as-is, where-is. ONLY cash or conventional buyers, and sellers will not supply the CCO or do any repairs. Gas furnace is in working order, but the central AC not functional. Buyers to assume and all inspections and certifications for settlement.

Last Agent to Sell the Property

Mary Bauer

RE/MAX at Home License #8740414 Listed on: 12/08/2020

RE/MAX at Home

Last Buyer's Agent

Cheryl Washington

Keller Williams Real Estate - Princeton

Keller Williams Real Estate - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,628

Year Built

  • Built in 1956

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65.00 x 100.00
  • Back Yard
  • Additional Land
  • House sits on Block 90, lots 14 and 15. Block 90, lot 9 is a separate 65' x 100' lot. Rear driveway entry for home from E 2nd.
  • Property is in below average condition

Home Design

  • Rambler Architecture
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,144 Sq Ft Home
  • Property has 1 Level
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • On-Street Parking

Schools

  • Roebling Elementary School
  • Riverfront Middle School
  • Florence Township Memorial High School

Utilities

  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Florence Heights Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 15-00090-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,628

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: May be viewed at open house on Saturday, December 26th. All final and best offers to be submitted by midnight January 6, 2021. Offers MUST state contingent upon suitable housing for occupant. This home is waiting to be updated and rehabbed! What an opportunity for an investor or homeowner occupancy. The current property has 3 tax bills, which add up to approximately $7900/year. Taxes are current and this is for informational purposes only. The house is on two adjoining lots on E 3rd St and the lot behind is a separate 65 x 100 lot, which does have the paved driveway on it that leads to the rear of the main home. Lot not being sold separately, for those who would want to pursue legal aspects of building a home on E 2nd St. The home had an addition constructed many years ago, adding the right-wing that has a huge family room, main bedroom, and bath with a shower stall. The original portion of the home is on a slab, while there is a small unfinished basement and a rear garage door. The former garage is now storage area the size of a shed. Parking is in the rear of the sloping yard, so configure how you see best. If you want massive rear yard space, this is for you. Maybe thoughts of a big garage added down the road, or a pool to enjoy! The entire home is being sold as-is, where-is. ONLY cash or conventional buyers, and sellers will not supply the CCO or do any repairs. Gas furnace is in working order, but the central AC not functional. Buyers to assume and all inspections and certifications for settlement.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Refrigerator, Range Hood, Oven/Range - Gas, Dishwasher
  • Flooring Type: Carpet, Vinyl
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab, Block
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2144
  • Living Area Sq Ft: 2144
  • Price Per Sq Ft: 92.82
  • Above Grade Finished Sq Ft: 2144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 740

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Concrete Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: ROEBLING E.S.
  • Middle School: RIVERFRONT SCHOOL
  • High School: FLORENCE TOWNSHIP MEMORIAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396948
  • School District Source: Listing Agent
  • Elementary School: ROEBLING E.S.
  • High School: FLORENCE TOWNSHIP MEMORIAL
  • Middle Or Junior School: RIVERFRONT SCHOOL

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: House sits on Block 90, lots 14 and 15. Block 90, lot 9 is a separate 65' x 100' lot. Rear driveway entry for home from E 2nd.
  • Improvement Assessed Value: 177600.00
  • Land Assessed Value: 79500.00
  • Lot Features: Additional Lot(s), Rear Yard
  • Lot Size Acres: 0.15
  • Lot Dimensions: 65.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Property Condition: Below Average
  • Year Assessed: 2020
  • Zoning: RES

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1651631
  • Tax Annual Amount: 6628.00
  • Assessor Parcel Number: 15-00090-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2144
  • County Tax Payment Frequency: Quarterly
  • Tax Year: 2020
  • Close Date: 02/03/2021

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Nov 16, 2021
Sold by
Mft 1 Llc
Bought by
Nair Shanker and Roe Suzanne
Seller's Agent
Cheryl Washington
Keller Williams Real Estate - Princeton
Buyer's Agent
Cathy Hutchison
RE/MAX at Home
List Price
$398,900
Sold Price
$379,000
Premium/Discount to List
-$19,900
-4.99%
Current Estimated Value
$476,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,185
Avg. Annual Appreciation
6.22%
Original Mortgage
$303,200
Outstanding Balance
$278,976
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$197,209

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 3, 2021
Sold by
Morris Richard P and Estate Of Ruth P Morris
Bought by
Mft 1 Llc
Seller's Agent
Mary Bauer
RE/MAX at Home
Buyer's Agent
Cheryl Washington
Keller Williams Real Estate - Princeton
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.64%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $379,000 S&H Abstract
Bargain Sale Deed $379,000 New Title Company Name
Deed $180,000 Foundation Title Llc
Executors Deed $180,000 Keller Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,200 New Conventional
Closed $303,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $379,000 0.0% $177 / Sq Ft
08/05/2021 08/05/21 Price Changed $379,000 -5.0% $177 / Sq Ft
07/15/2021 07/15/21 For Sale $398,900 +5.3% $186 / Sq Ft
07/12/2021 07/12/21 Off Market $379,000 -- --
07/11/2021 07/11/21 For Sale $398,900 +121.6% $186 / Sq Ft
02/03/2021 02/03/21 Sold $180,000 -9.5% $84 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $199,000 +24.4% $93 / Sq Ft
12/08/2020 12/08/20 For Sale $160,000 -- $75 / 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
2025 $7,971 $286,000 $79,500 $206,500
2024 $7,630 $286,000 $79,500 $206,500
2023 $7,630 $286,000 $79,500 $206,500
2022 $6,713 $257,100 $79,500 $177,600
2021 $6,055 $257,100 $79,500 $177,600
2020 $6,628 $257,100 $79,500 $177,600
2019 $6,569 $257,100 $79,500 $177,600
2018 $6,512 $257,100 $79,500 $177,600
2017 $6,433 $257,100 $79,500 $177,600
2016 $6,309 $257,100 $79,500 $177,600
2015 $6,181 $257,100 $79,500 $177,600
2014 $6,008 $257,100 $79,500 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL388076

Bright MLS

APN: 15-00090-0000-00014