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$300,000

Beds
2
Baths
1.0
sq ft
1,213

130 E Main St, Alloway, NJ 08001

130 E Main St

ALLOWAY, NJ 08001

  • 12 days on market
Welcome to your perfect lakeside retreat! This charming 2-bedroom, 1-bathroom bungalow is nestled along the tranquil banks of beautiful Alloway Lake in Salem County, NJ. Whether you're looking for a peaceful weekend getaway or a year-round escape, this home offers the ideal setting to unwind and enjoy nature’s beauty. Step inside to a cozy living space with large windows that flood the rooms with natural light and offer breathtaking lake views. The open-concept living area is perfect for relaxation and entertaining, while the well-maintained kitchen provides all the essentials for cooking your favorite meals. Nestled in the middle of the home is a second living space that could be a formal dining room or den – whatever fits your needs! The two spacious bedrooms are designed with comfort in mind, offering peaceful spots to rest after a day spent exploring the lake. The bathroom is simple yet functional, with modern updates throughout. Outside, the property truly shines. A large deck overlooks the serene lake, providing the perfect spot to enjoy morning coffee, entertain guests, or simply soak in the beauty of the surrounding nature. With its own private dock, whether you love fishing, kayaking, or just taking in the scenery, this property offers endless outdoor enjoyment. The home has a new concrete horseshoe-style driveway for easy access to the property. The homeowners have also installed a fence along the property to create more security along the road. Located in a friendly neighborhood, this bungalow provides the perfect combination of seclusion and convenience. Enjoy the serenity of lake living, while still being just a short drive from shopping, dining, and major roadways. Don't miss out on this rare opportunity to own a lakeside property in Salem County. Schedule your showing today and start living the peaceful life you've always dreamed of!

Details

Property type

Single Family Residence

Est. home value

$215,228

Lot size

0.34 acres

Price per sq ft

$248

Year built

1950

Annual property taxes

$4,014

HOA

No

Price History

03/23/2025
Bright

Bright #NJSA2014222

Listed
$300,000
+50%
04/01/2022
Bright

Bright #NJSA2003028

Sold
$200,000

Schools & Community

Elementary school: 

ALLOWAY TWP. E.S.

Middle school: 

ALLOWAY TW

High school: 

WOODSTOWN H.S.

School district: 

WOODSTOWN-PILESGROVE REGI 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

$125,256
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$150,744
Cash to seller
$125,256

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

April 2022

Original loan amount

$160,000

Est. remaining balance

$150,744

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Vinh Pham and Bao Tran

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: 04/02/2025 at 8:40 PM

Listing updated: 03/24/2025 at 4:31 PM

Listed by: Shannon Oberman, Better Homes and Gardens Real Estate Maturo Phone #: (856) 316-0777

MLS: Bright #NJSA2014222

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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 © 2025 Bright MLS. All rights reserved.