See Home Value
Bordentown 08505
518 REEDER AVE
$400,000
House - Off Market

518 REEDER AVE

BORDENTOWN, NJ 08505
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2193 Sqft
$470,653
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

In an age where we are spending so much time in & close to our homes, this is an awesome find in a great area.  Bordentown is known as a little city with a lot of charm, popular for its sense of community, friendly atmosphere, history, fabulous restaurants, shops, art galleries, professional offices, season events and its location along the Delaware River .  This BEAUTIFUL Victorian home is within walking distance to downtown or escape for some fresh air to take a  walk along banks of the river.   Impressive and inviting curb appeal from the moment you pull up with intricate gingerbread carvings, partially sided & partial cedar shakes (in newer, low maintenance vinyl) enhance the character while a spindled rail adorns the wrap around front porch and special little details are found, such as the elegant door knob.  The interior further entices starting with the foyer entry boasting wood floors, natural finished wood staircase and gorgeous stained glass window.  Boasting approx. 8.5ft ceilings throughout the first floor with recessed lighting gracing the ceilings, as well as several ceiling fans.  The front room is perfect for use as a living room or great for a home office (easily closed off for privacy or the need for quiet).  The great room/dining room runs the entire width of the home and is open concept.  Massive family room with 5 recessed lights, hardwood flooring, to the left you will find a box bay with a beautiful 15 pane glass door accessing the side porch.  Gracious dining room with exposed wood floors, 5 recessed lights + chandelier.  Fantastic, open, light & bright kitchen makes preparing food a pleasure.  Flooded with natural light, 6 recessed light fixtures, ceiling fan and offering an abundance of cabinetry & counter space.  Featuring tiled floor, solid oak custom cabinetry with some decorative glass fronts and custom range hood dressed in oak above a stainless Thermador range/oven (note 1 burner is not operational) plus stainless dishwasher and refrigerator.  2nd staircase situated behind door is currently closed off.  Convenient and roomy laundry/mud room includes washer & dryer, is situated of of the kitchen and provides access to the deck and rear yard.  An updated powder room with leaded glass window rounds out the 1st floor.  The delightful master suite offers a retreat complete with solid wood closet doors, oak hardwood flooring, ceiling fan and a wonderful master bathroom. The master bath was remodeled in 2016 and keeping with the history of the home, a claw foot tub was added.  Raised height vanity cabinet with granite counter, raised vessel bowl sink, attractive mirror, dual scones & ceramic tiled floor.  3 additional, graciously sized bedrooms  been updated and are found at the 2nd floor.  Massive walk-up attic with 5 windows, partially floored, could be finished for additional living space!!  Basement with access from kitchen features brick walls, height to stand, partial crawl space area, original (not used) well, quick recovery water heater, heater new in 2017.  NOTE:  Basement has an old well or possible underground tunnel (as per the previous owner) covered by a removable metal plate for safety.   Massive deck at the rear yard leads to a great yard with plenty of room for family/friends! An approx.  20 x 10, 1 car detached garage with auto opener at the rear of the property can be accessed out back of the property. Other fine features include -  NEW HEAT & A/C 2017; NEW PORCH ROOF 2020; 22 NEW WINDOWS installed in 2007.  Great schools include Clara Barton Elementary (K-2), MacFarland Intermediate School (3rd-5th), Bordentown Regional Middle School (6-8) and Bordentown Regional High School (9-12).  Awesome location with easy access to I-295, Rt. 206, Rt. 130,NJ Turnpike, NJ Transit River Line train, Trenton, New York, Philadelphia - for more info....(https://cityofbordentown.com/). Asbestos removed from basement Summer 2019 - see in documents section.  See OPRA report in documents section.
Unit Size
2,193Ft²
Days on Market
56 days
Land Size
0.16 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1906
Last updated: 2 years ago (Bright MLS #NJBL388004)

Price History

Date / Event Date Event Price
Mar 17, 2021 Sold to Kendall Fortunato, Robert J... $400,000
Sold to Kendall Fortunato, Robert J...
Feb 5, 2021 Sold $400,000
Sold
Dec 11, 2020 Listed by BHHS Fox & Roach-Mt Laurel $369,999
Listed by BHHS Fox & Roach-Mt Laurel

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,193
  • Building Area: 2,193
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,193
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FORTUNATO ROBERT J
  • Current Owner 2: FORTUNATO KENDALL
  • Previous Owner : BYRNE NANCY
  • Previous Owner 2: RICHARDSON NANCY
  • Owner Before Previous Owner: HOFRICHTER CHRISTOPHER
  • Owner Before Previous Owner 2: GOWER HOFRICHTER KAREN E
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bordentown Regional School District
  • Census Tract: 701700

Geography

  • Account Number: B83 L08
  • District: 03
  • Parcel: 03 00304-0000-00008
  • Block: 304
  • Lot: 8
  • Municipality: BORDENTOWN CITY
  • Latitude: 40.1423
  • Longitude: -74.7075

    Address

  • Full Address: 518 Reeder Ave
  • Address - House Number: 518
  • Address - Street Name: Reeder
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bordentown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2030
  • Zip Code: 08505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,653

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 466,278
  • High Value: 546,181
  • Low Value: 386,374

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: GREENTREE MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $312,500
  • Market Land Value: $86,100
  • Market Improvement Value: $226,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $312,500
  • Assessed Land Value: $86,100
  • Assessed Improvements Value: $226,400

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Transaction ID: 11828005239
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5624965
  • Previous Sale Recording Date: Jul 26, 2006
  • Previous Sale Contract Date: Jun 09, 2006
  • Previous Sale Amount: $417,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENTREE MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Mar 17, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Jul 26, 2006
  • Previous Mortgage Loan Amount: $333,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$405,561 May 15, 2013
$405,561 Dec 20, 2013
-
House
5 Beds
2 Baths
-
$425,000 Sep 12, 2009
$425,000 Apr 30, 2012
-
House
3 Beds
2 Baths
-
$389,900 Feb 16, 2023
-
-
House
3 Beds
2 Baths
-
$335,000 Dec 8, 2022
-
-
House
2 Beds
1 Bath
-
$299,000 Oct 11, 2022
-
-

About Bordentown


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Frequently Asked Questions

When was property at 518 Reeder Avenue built and last sold?
The property at 518 Reeder Avenue was built in 1906 and last sold on Jan 25, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 518 Reeder Avenue is $389,804.
What are some comparable homes to 518 Reeder Avenue?
There are currently no comparable homes to 518 Reeder Avenue.

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