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$299,999

Beds
3
Baths
2.0
sq ft
1,420

116 Center St, Gibbstown, NJ 08027

116 Center St

GIBBSTOWN, NJ 08027

  • 28 days on market
This charming 3-bedroom, 2-bathroom home is the perfect blend of classic design and modern updates, offering everything you need in a highly sought-after location. Situated on a quiet residential street, the home features a timeless traditional layout, starting with a welcoming enclosed front porch that’s perfect for enjoying your morning coffee or unwinding in the evening. There is a full bathroom with a stand-up shower on the main floor. Inside, you’ll find a spacious formal living room and dining room, both ideal for entertaining or relaxing with family. The gourmet kitchen is fully equipped with ample storage and pantry space, making it easy to prepare meals. For added convenience, there’s a first-floor laundry area and a mudroom that leads out to the expansive backyard, offering plenty of space for outdoor activities or simply enjoying the fresh air. Upstairs, the home has been thoughtfully updated with new flooring, modernized bathroom fixtures, and contemporary door hardware, all freshly painted in neutral tones that provide a clean, inviting atmosphere. The homes exterior has excellent curb appeal, and the backyard offers nearly a quarter acre of space for recreation, gardening, or simply enjoying some downtime outdoors. Located in Gloucester County, this home provides quick access to major highways including the NJ Turnpike, 295, 55, 42, and 76, making commuting to both NYC, North Jersey, and Philadelphia a breeze. It’s a rare find—affordable, move-in ready, and full of potential. Don’t wait—schedule your showing today and make an offer before it’s gone!

Details

Property type

Single Family Residence

Est. home value

$250,220

Lot size

9,800 sq ft

Price per sq ft

$212

Year built

1920

Annual property taxes

$4,357

HOA

No

Price History

11/26/2024
Bright

Bright #NJGL2050394

Listed
$299,999
+38.25%
01/14/2022
Bright

Bright #NJGL2007054

Sold
$217,000
+60.74%
05/29/2020
Bright

Bright #NJGL256350

Sold
$135,000
+8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

GREENWICH TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$92,750
Asking price
$299,999
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$183,249
Cash to seller
$92,750

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

January 2022

Original loan amount

$195,300

Est. remaining balance

$183,249

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Rosemary Cipriano

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:15 AM

Listing updated: 12/02/2024 at 6:59 PM

Listed by: Christopher E. Sooy, EXP Realty, LLC Phone #: (866) 201-6210

MLS: Bright #NJGL2050394

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Tomo Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2024 Bright MLS. All rights reserved.