NOT LISTED FOR SALE

83 S Locust Ave Salem, NJ 08079

Estimated Value: $277,000 - $426,000

3 Beds
1.5 Baths
1,146 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $260,000 $227 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,379/month

6 Days on Market

Highlights

  • 44 Feet of Waterfront
  • Sandy Beach
  • River View
  • Access to Tidal Water
  • Fishing Allowed
  • Cape Cod Architecture

About This Home

As of October 2022

Welcome to Oakwood Beach where you can own a piece of paradise! This 3-bedroom home is adjacent to the sandy beaches of the Delaware River, just walk out the front door and put your toes in the sand! Enjoy sunsets from the 2nd story deck or your morning coffee on the large screened in porch, either way you have gorgeous water views. The large grassy lot situated behind the home is also included along with the storage shed. Newer roof and tankless hot water heater. Propane furnace and central air makes this home perfect for year-round use. Enjoy the peace & quiet, this home is situated on a dead-end road in this quaint neighborhood. A short 20 minute drive to all major highways; NJ Turnpike, Delaware Memorial Bridge, Rt. 295, and only 2 ½ hours to New York City.

Last Agent to Sell the Property

Wendy Sparks

(856) 344-3722 southjerseysparksgroup@gmail.com EXP Realty, LLC License #RS-0037140 Listed on: 08/11/2022

EXP Realty, LLC

Last Buyer's Agent

Allison Hamilton

(973) 207-2564 allison.hamilton@foxroach.com BHHS Fox & Roach - Robbinsville License #1753568

BHHS Fox & Roach - Robbinsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,206

Year Built

  • Built in 1907

Lot Details

  • 0.29 Acre Lot
  • 44 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Level Lot
  • Irregular Lot
  • Property is zoned LR

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,146 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Living Room
  • River Views
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Swimming Allowed
  • Stream or River on Lot
  • Deck
  • Screened Patio
  • Shed
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • 150 Amp Service
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00004 03
  • Assessor Parcel Number 04-00019-00004 03

Community Details

Overview

  • No Home Owners Association
  • Oakwood Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,206

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Bungalow
  • Ownership: Fee Simple
  • Exclusions: chest freezer
  • Inclusions: Refrigerator, Range, Dishwasher, Washer & Dryer, window treatments all in AS-IS condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-11
  • Federal Flood Zone: Yes
  • Year Built: 1907
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Washer, Dryer
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1146
  • Living Area Sq Ft: 1146
  • Price Per Sq Ft: 222.51
  • Above Grade Finished Sq Ft: 1146
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • View: River
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Public Beach, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 44

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Propane, Tankless
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Well
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 102500.00
  • Land Assessed Value: 114800.00
  • Lot Features: Irregular, Level
  • Lot Size Acres: 0.29
  • Lot Dimensions: 53x242 IRR.
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12826.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: LR

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Sandy Beach

Tax Info

  • Assessor Parcel Number: 2194538
  • Tax Annual Amount: 6206.00
  • Assessor Parcel Number: 04-00019-00004 03
  • Tax Lot: 00004 03
  • County Tax Payment Frequency: Quarterly
  • Tax Year: 2021

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 9, 2022
Sold by
Slavin Janet D
Bought by
Vuono Mark A and Vuono Caroline
Seller's Agent
Wendy Sparks
EXP Realty, LLC
Buyer's Agent
Allison Hamilton
BHHS Fox & Roach - Robbinsville
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Views
7
Current Estimated Value
$344,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,758
Avg. Annual Appreciation
9.37%
Original Mortgage
$195,000
Outstanding Balance
$187,391
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$157,367

Purchase Details

Closed on
Feb 13, 1985
Bought by
Slavin Janet D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vuono Mark A $260,000 Trident Land Transfer
Vuono Mark A $260,000 Trident Land Transfer
Slavin Janet D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuono Mark A $195,000
Closed Vuono Mark A $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $260,000 +2.0% $227 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $255,000 -- $223 / 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 $6,780 $217,300 $114,800 $102,500
2024 $6,426 $217,300 $114,800 $102,500
2023 $6,426 $217,300 $114,800 $102,500
2022 $6,265 $217,300 $114,800 $102,500
2021 $6,045 $217,300 $114,800 $102,500
2020 $6,132 $217,300 $114,800 $102,500
2019 $6,045 $217,300 $114,800 $102,500
2018 $5,904 $217,300 $114,800 $102,500
2017 $5,785 $217,300 $114,800 $102,500
2016 $5,574 $217,300 $114,800 $102,500
2015 $5,263 $217,300 $114,800 $102,500
2014 $5,091 $217,300 $114,800 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2005000

Bright MLS

APN: 04-00019-0000-00004-03