tomo logo

$599,999

Beds
3
Baths
1.0
sq ft
1,348

1202 Laurel Rd, Lindenwold, NJ 08021

1202 Laurel Rd

LINDENWOLD, NJ 08021

  • 85 days on market
Golden opportunity to own your own garden center and farm market on busy Laurel Road, with traffic coming and going from the Lindenwold Speedline and across from Super WAWA. This property is situated on 3.5 acres and the land can be developed into other scenarios such as townhouses, retail, etc. Endless possibilities are available. There are approved engineering and blueprint plans available. A three bedroom, 1 bath, full unfinished basement home is on the property as well as several outbuildings. There is 426' frontage of Laurel Road. This is a good scenario for a person that would like to live in the premises and have the ability to use land as commercial. Call for a private showing.

Details

Property type

Single Family Residence

Est. home value

$650,372

Lot size

3.5 acres

Price per sq ft

$446

Year built

1929

Annual property taxes

$7,532

HOA

No

Price History

07/12/2024
Bright

Bright #NJCD2072238

Listed
$599,999
+250%
02/28/2020
Bright

Bright #NJCD375478

Sold
$171,430

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

LINDENWOLD BOROUGH 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

$427,440
Asking price
$599,999
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$124,559
Cash to seller
$427,440

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

Seller’s Loan History

Lender

Trident Mortgage Company Lp

Loan start date

February 2020

Original loan amount

$137,144

Est. remaining balance

$124,559

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

David Cherubini and Evelyn Cherubini

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: 10/05/2024 at 6:45 PM

Listing updated: 08/14/2024 at 3:47 AM

Listed by: Bill Souders, BHHS Fox & Roach - Haddonfield Phone #: (856) 428-2600

MLS: Bright #NJCD2072238

Bright logo

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