$60,000
SOLD JUN 30, 2020

8 Nelson Ave Salem, NJ 08079

2 Beds
1 Bath
700 Sq Ft
0.25 Acres

Recently Sold

$86 Per Sq Ft

14% Below List Price

101 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Paneling
  • Laundry Room

About This Home

As of May 2023

2 bedroom home on large lot on quiet private lane, 2 car garage has one side finished as a family room with beautiful woodstove. House has laundry room and newer bathroom. The enclosed front porch is heated is could be used as an office or den. The attic is completely floored and the kitchen table and chairs will remain. Located in the Oakwod Beach section of Elsinboro. Near the river and beach, Property is not in a flood insurance zone as per FEMA 2016 flood maps.

Last Agent to Sell the Property

Judy MacNeal

Mahoney Realty Pennsville, LLC Listed on: 02/21/2020

Last Buyer's Agent

Judy MacNeal

Mahoney Realty Pennsville, LLC Listed on: 02/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 59.00 x 76.00
  • 59x76, 43x75, 80x74, 43x75
  • Property is in good condition

Home Design

  • Rambler Architecture
  • Batts Insulation
  • Asphalt Roof
  • Shake Siding

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Electric Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Oakwood Beach Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 04-00022-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: SHED
  • Historic: No
  • Home Warranty: No
  • Inclusions: WOOD STOVE IN GARAGE
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: 2 bedroom home on large lot on quiet private lane, 2 car garage has one side finished as a family room with beautiful woodstove. House has laundry room and newer bathroom. The enclosed front porch is heated is could be used as an office or den. The attic is completely floored and the kitchen table and chairs will remain. Located in the Oakwod Beach section of Elsinboro. Near the river and beach, Property is not in a flood insurance zone as per FEMA 2016 flood maps.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric
  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Laundry, Bathroom 1
  • Basement: No
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 100.00
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed Plumbing, Batts Insulation, Block, Shake Siding
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: ELSINBORO TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397454
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 59x76, 43x75, 80x74, 43x75
  • Improvement Assessed Value: 52600.00
  • Land Assessed Value: 41000.00
  • Lot Dimensions: 59.00 x 76.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2194648
  • Tax Annual Amount: 2604.00
  • Assessor Parcel Number: 04-00022-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
May 24, 2023
Sold by
Johnson Naamon Dontae
Bought by
Arambu Juan Alberto and Aguirre Ruben O
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Ashley Kryszczak
Opus Elite Real Estate of NJ, LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Views
271
Current Estimated Value
$131,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,743
Avg. Annual Appreciation
61.76%

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 8, 2020
Sold by
Cheeseman Brenda Lee and Halstead Garry Lloyd
Bought by
Johnson Naamon Dontae
Seller's Agent
Judy MacNeal
Mahoney Realty Pennsville, LLC
Buyer's Agent
Judy MacNeal
Mahoney Realty Pennsville, LLC
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.05%
Original Mortgage
$58,913
Interest Rate
3%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Deed $50,000 Old Republic Title
Deed $60,000 Heritage Ttl & Abstract Agcy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,807 FHA
Previous Owner $58,913 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $50,000 0.0% $71 / Sq Ft
12/20/2022 12/20/22 Price Changed $50,000 -33.3% $71 / Sq Ft
10/29/2022 10/29/22 For Sale $75,000 +25.0% $107 / Sq Ft
06/30/2020 06/30/20 Sold $60,000 -14.3% $86 / Sq Ft
02/21/2020 02/21/20 For Sale $70,000 -- $100 / 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
2024 $2,768 $93,600 $41,000 $52,600
2023 $2,768 $93,600 $41,000 $52,600
2022 $2,698 $93,600 $41,000 $52,600
2021 $2,423 $93,600 $41,000 $52,600
2020 $2,641 $93,600 $41,000 $52,600
2019 $2,354 $93,600 $41,000 $52,600
2018 $2,293 $93,600 $41,000 $52,600
2017 $2,242 $93,600 $41,000 $52,600
2016 $2,151 $93,600 $41,000 $52,600
2015 $2,017 $93,600 $41,000 $52,600
2014 $1,943 $93,600 $41,000 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA137342

Bright MLS

APN: 04-00022-0000-00008