See Home Value
Burlington 08057
702 COMMONWEALTH DR
$1,050,000
● House - Off Market

702 COMMONWEALTH DR

MOORESTOWN, NJ 08057
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,471 Ft²
$1,158,273
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Over 4400 ft. of luxury living designed for a sophisticated lifestyle, offering a hidden paradise of park-like grounds, and a fantastic Sylvan in-ground pool! Enjoy entertaining family and guests in your  updated chief's dream kitchen. Tedd wood cabinetry, granite counter tops, state of the art appliances including a six burner commercial Wolf range, GE Monogram wall oven & built-in microwave, KitchenAid dishwasher, Subzero refrigerator, and Marvel wine cooler.  A custom built butler's pantry offers that needed extra storage. Enjoy gathering in the sunlit Breakfast Room with vaulted ceiling, skylight, wall-to-wall windows and Pella doors opening out to the wrap-around deck. Open to the Kitchen is the Family Room with gas fireplace centered between circle top windows offering comfort and relaxation.  Beautiful wainscoting and woodwork, upgraded fixtures and hardware throughout. A large party can be accommodated in the expansive dining room  and living room.  Also a quiet Study with gas fireplace and built-in bookcases, cabinets and  french door entry. A Conservatory lined with picture windows highlighting the lush landscaping and beautiful grounds for additional gathering. Anderson French door opens out to the deck. The upper level offers 4 generous sized bedrooms, including a sumptuous Owner's Suite. Double doors open to the main Bedroom with cathedral ceiling and skylights with sliding glass doors to the private deck. The main suite includes a luxurious personal spa. This magnificent Main Bath offers a dressing area with large vanities, granite counter tops, an oversized stall shower with open face entry, dual shower heads, and built-in tiled bench, and private water closet. Also featured are 2 walk in closets, additional 9x16 walk-in closet, and convenient Laundry Room that will keep you organized! The finished lower level with wet bar with wine storage, expansive recreation area, hobby room, guest bedroom/bonus room across from spacious full bathroom. A landscape architect transformed the 2 acres of picturesque grounds with striking plant specimens and lighting. Barbecue on the expansive wood deck that is the entire length of the house, overlooking the fully fenced in Sylvan gunite heated pool with hot tub and charming gazebo. Additional amenities include an enhanced  interior and exterior sound system, recessed lighting, cedar closet, two zone high-efficiency HVAC, upgraded security system, multi zone irrigation system and  three car garage. This property offers a highly ranked school district plus is minutes to major access routes to Philadelphia and NYC, Laurel Creek Country Club, shopping malls and more!
Unit Size
4,471 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$246
Property Type
House
Property Taxes
$1,851
HOA Dues
-
Year Built
1992

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #NJBL2011242)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Sold
Nov 29, 2021 Listed by Compass New Jersey, LLC $1,100,000
Listed by Compass New Jersey, LLC
Dec 18, 2019 No longer available -
No longer available
Oct 28, 2019 No longer available -
No longer available
Sep 30, 2019 Sold
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 4,282
  • Building Area: 4,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: I/J18

Neighborhood

  • School District Name: Moorestown Township School District
  • Census Tract: 700505

Geography

  • Assessors Map Reference: TAX MAP 81
  • District: 22
  • Parcel: 22 08100-0000-00013
  • Block: 8100
  • Lot: 13
  • Municipality: MOORESTOWN TWP
  • Latitude: 39.9924
  • Longitude: -74.911

    Address

  • Full Address: 702 Commonwealth Dr
  • Address - House Number: 702
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Moorestown
  • Carrier Code: R042
  • 4-Digit Zip Code: 4400
  • Zip Code: 08057

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,305,836

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 1,188,776
  • High Value: 1,388,469
  • Low Value: 989,082

    Market Valuation

  • Market Total Value: $846,800
  • Market Land Value: $154,600
  • Market Improvement Value: $692,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $846,800
  • Assessed Land Value: $154,600
  • Assessed Improvements Value: $692,200

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5744644
  • Previous Sale Recording Date: Oct 19, 2019
  • Previous Sale Contract Date: Sep 30, 2019
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2604 Auburn Court, MT LAUREL, NJ, 08054

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,434 ft²
2604 Auburn Court #B, MT LAUREL, NJ, 08054 Listing by Xiu Feng Lin
Unit for rent at 208 Hartford Road, MOUNT LAUREL, NJ, 08054

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,777 ft²
208 Hartford Road, MOUNT LAUREL, NJ, 08054 Listing by Cristin M. Holloway
Unit for rent at 6803a Normandy Drive, MOUNT LAUREL, NJ, 08054

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,321 ft²
6803a Normandy Drive, MOUNT LAUREL, NJ, 08054 Listing by Donna S Granacher


Frequently Asked Questions

When was property at 702 Commonwealth Drive built and last sold?
The property at 702 Commonwealth Drive was built in 1992 and last sold on Feb 24, 2022 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 702 Commonwealth Drive is $0.
What are some comparable homes to 702 Commonwealth Drive?
There are currently no comparable homes to 702 Commonwealth Drive.