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218 Salem Street

218 Salem Street, Egg Harbor Township, NJ 08234
Property in Atlantic
Sold Jun 24, 2005
$284,900
$270,750 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2035
Sold Jun 10, 2003
$170,985
$153,885 by Countrywide Home Loans Inc
Mortgage
218 Salem Street has been categorized by the local assessors in Egg Harbor Township, NJ as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The building has a total of 2 stories. In addition, 218 Salem Street has 1,726 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 6,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 218 Salem Street sold most recently in Jun 23, 2004 for a total of $284,900. If you work out the math, that's approximately a cost of $165.06 per sqft. Before that, the property was also sold for $170,985 in May 29, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,970 in taxes each year. 218 Salem Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $209,000. If we break it down further, the land itself was valued at $47,500. Improvements to the property, however, were assessed at a total of $161,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,726
  • Building Area: 1,726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,726
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINES ENGLISH CRK HOMEOWNERS A
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LORENZO RACHELE
  • Current Owner 2: LORENZO FRED
  • Previous Owner : NGUYEN KIM
  • Owner Before Previous Owner: TRADITION HOMES AT THE PINE LL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Egg Harbor Township School District
  • Census Tract: 011701

Zoning

  • Zoning: RG2

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 08
  • Parcel: 08 01614-0000-00009
  • Block: 1614
  • Lot: 9
  • Municipality: EGG HARBOR TOWNSHIP
  • Latitude: 39.4247
  • Longitude: -74.6205

    Address

  • Full Address: 218 Salem St
  • Address - House Number: 218
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Egg Harbor Township
  • Carrier Code: R053
  • 4-Digit Zip Code: 4869
  • Zip Code: 08234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,970

    Appraisal Valuation

  • Standard Deviation: 0.2696
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 61
  • Final Value: 346,933
  • High Value: 440,490
  • Low Value: 253,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 24, 2005
  • First Open Lien Mortgage Loan Amount: $270,750
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $209,000
  • Market Land Value: $47,500
  • Market Improvement Value: $161,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $209,000
  • Assessed Land Value: $47,500
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Jun 23, 2004
  • Current Sale Recording Date: Jun 24, 2005
  • Current Sale Transaction ID: 1061224743
  • Current Sale Price: $284,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5067831
  • Previous Sale Recording Date: Jun 10, 2003
  • Previous Sale Contract Date: May 29, 2003
  • Previous Sale Amount: $170,985
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 24, 2005
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 10, 2003
  • Previous Mortgage Loan Amount: $153,885
  • Previous Mortgage Term: 360

About Atlantic



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Frequently Asked Questions

What neighborhood is 218 Salem Street located in?
The 218 Salem Street is a located in the neighborhood of Atlantic in Atlantic, Egg Harbor Township.
What is the average sales price for listings in 218 Salem Street?
The average sales price for units in 218 Salem Street is $0 currently.

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