NOT LISTED FOR SALE

8 Oak Ln New Egypt, NJ 08533

Estimated Value: $492,000 - $552,000

3 Beds
2.5 Baths
873 Sq Ft
$597/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $445,000 $510 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,363/month

24 Days on Market

Highlights

  • Parking available for a boat
  • 1 Fireplace
  • Oversized Lot
  • Custom Home
  • No HOA
  • 2 Car Detached Garage

About This Home

As of April 2023

Welcome Home! Check out this charming and updated 3 bedroom 2.5 bathroom home close to downtown New Egypt. This home has much to offer from the first floor Master Suite with a walk in closet, a modern paint theme, to the kitchen that has a farm house sink, stainless steel appliances, and epoxy counter tops. Right off the kitchen is the dining room which has ample space for entertaining and has been updated with a modern chandelier. The second floor provides 2 more generously sized bedrooms and an additional full bathroom. There is plenty of parking in the spacious driveway for your car, camper, or recreation vehicles. Use the oversized garage as a home gym or workshop that can be heated with the wood burning stove. The backyard has an established Hop Yard with its own irrigation.

Last Agent to Sell the Property

Alex Doane

Keller Williams Realty Ocean Living License #1865524 Listed on: 01/06/2023

Keller Williams Realty Ocean Living

Last Buyer's Agent

Ryan Andrews

Global Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Schools

  • New Egypt Middle School
  • New Egypt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Property Sauna in Upstairs Bedroom
  • Assessor Parcel Number 24-00095-0000-00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,025

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Oversized
  • Inclusions: Washer, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Reso Flooring: Vinyl, Laminate
  • Reso Interior Features: Dec Molding
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • General Property Info Acreage: 0.26
  • General Property Info Farm: No
  • Location Middle School: New Egypt
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • Floors Vinyl3: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Floors Laminate: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Included Counter Top Range: Yes
  • Allowable Boats: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Allowable Recreational Vehicles: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Floor - Laminate4: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Waterfront: No
  • Exclusions: Personal Property Sauna in Upstairs Bedroom
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: New Egypt

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 24-00095-0000-00062
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6025.0

MLS Schools

  • High School: New Egypt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 14, 2023
Sold by
Palermo Anthony and Palermo Lauren
Bought by
Sanborn Jessica
Seller's Agent
Alex Doane
Keller Williams Realty Ocean Living
Buyer's Agent
Ryan Andrews
Global Realty Group
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Views
90
Current Estimated Value
$520,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,804
Avg. Annual Appreciation
6.66%
Original Mortgage
$407,508
Outstanding Balance
$397,271
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$120,494

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 29, 2019
Sold by
Smethy Martin R and Smethy Dawn M
Bought by
Palermo Anthony and Palermo Lauren
Seller's Agent
Dawn Lantz
ERA Central Realty Group
Buyer's Agent
Alex Doane
Keller Williams Realty Ocean Living
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$260,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
Manger Michael D and Yeretzian Steven
Bought by
Smethy Martin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,210
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2008
Sold by
Citifinancial Inc
Bought by
Yeretzian Steven and Manger Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.36%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 22, 2008
Sold by
Chamberlain Tonja
Bought by
Citifinancial Inc

Purchase Details

Closed on
Dec 1, 1998
Sold by
Chamberlain Robert H and Chamberlain Tonja L
Bought by
Chamberlain Tonja L
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 Buyer Sale Price Title Company
Sanborn Jessica $445,000 Old Republic Title
Palermo Anthony $289,000 Afrm Title & Abstract
Smethy Martin R $234,500 First Heritage Title Agency
Yeretzian Steven $86,000 Surety Title Corporation
Citifinancial Inc -- None Available
Chamberlain Tonja L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanborn Jessica $407,508
Previous Owner Revinski Anthony R $227,000
Previous Owner Palermo Anthony $260,100
Previous Owner Smethy Martin R $213,800
Previous Owner Smethy Martin R $223,210
Previous Owner Yeretzian Steven $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $445,000 -1.1% $510 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $450,000 +55.7% $515 / Sq Ft
11/01/2019 11/01/19 Sold $289,000 -- $331 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,314 $225,000 $85,200 $139,800
2023 $6,025 $217,500 $85,200 $132,300
2022 $6,025 $217,500 $85,200 $132,300
2021 $5,814 $217,500 $85,200 $132,300
2020 $5,679 $217,500 $85,200 $132,300
2019 $5,561 $217,500 $85,200 $132,300
2018 $5,659 $217,500 $85,200 $132,300
2017 $5,561 $217,500 $85,200 $132,300
2016 $5,481 $217,500 $85,200 $132,300
2015 $5,327 $217,500 $85,200 $132,300
2014 $5,203 $217,500 $85,200 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22300447

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00095-0000-00062