See Home Value
Olivet 08318
62 MARGARETE DR
$325,000
House - Off Market

62 MARGARETE DR

ELMER, NJ 08318
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1920 Sqft
$1,596
Estimated Monthly
$0
HOA / Fees

About This Property

Charming 3-bed, 2-bath Cape Cod in a fantastic neighborhood. Cozy up by the wood-burning fireplace in the spacious living room. Well-maintained, with a functional layout and ample natural light. Enjoy the convenience of two full bathrooms. Don't miss the opportunity to make this welcoming home yours!

Additional features include: central AC; new water treatment system; Atlas RO System; solar panels; sprinkler system; main floor laundry; main floor bedroom;  Property is contingent upon sellers finding suitable housing.
Unit Size
1,920Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
Last updated: 3 months ago (Bright MLS #NJSA2009634)

Price History

Date / Event Date Event Price
Feb 11, 2024 No longer available -
No longer available
Dec 30, 2023 Listed by Tealestate LLC $325,000
Listed by Tealestate LLC
Aug 8, 2019 Sold to Victoria Wean $178,500
Sold to Victoria Wean

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WEAN VICTORIA
  • Previous Owner : SWAIN KENNETH L
  • Previous Owner 2: SWAIN ANNE P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pittsgrove Township School District
  • Census Tract: 021101

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 11
  • Parcel: 11 01602-0000-00004
  • Block: 1602
  • Lot: 4
  • Municipality: PITTSGROVE TWP
  • Latitude: 39.5395
  • Longitude: -75.1645

    Address

  • Full Address: 62 Margarete Dr
  • Address - House Number: 62
  • Address - Street Name: Margarete
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Elmer
  • Carrier Code: R004
  • 4-Digit Zip Code: 3013
  • Zip Code: 08318

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,657

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 333,462
  • High Value: 385,334
  • Low Value: 281,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,266
  • First Open Lien Mortgage Lender: ACRE MORTGAGE & FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Aug 08, 2019
  • First Open Lien Mortgage Loan Amount: $175,266
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 08, 2049

    Market Valuation

  • Market Total Value: $165,800
  • Market Land Value: $64,700
  • Market Improvement Value: $101,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,800
  • Assessed Land Value: $64,700
  • Assessed Improvements Value: $101,100

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11637628500
  • Current Sale Price: $178,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019007358
  • Previous Sale Recording Date: Jun 30, 1978
  • Previous Sale Contract Date: Jun 30, 1978
  • Previous Sale Amount: $44,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACRE MORTGAGE & FINANCIAL INC
  • First Mortgage Transaction Date: Aug 08, 2019
  • First Mortgage Loan Amount: $175,266
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,632 ft²
$202/ft²
$330,000 Sep 7, 2023
$330,000 Oct 13, 2023
-

About Olivet


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Frequently Asked Questions

When was property at 62 Margarete Drive built and last sold?
The property at 62 Margarete Drive was built in 1978 and last sold on Jul 26, 2019 for $178,500.
How much is this home worth?
The estimated value of the home located at 62 Margarete Drive is $330,879.
What are some comparable homes to 62 Margarete Drive?
Homes that are comparable to 62 Margarete Drive include a house property at 17 Alanna Lane, located in PITTSGROVE, NJ.

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