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$395,000

Beds
4
Baths
1.5
sq ft
2,252

28 W Walnut Ave, Merchantville, NJ 08109

28 W Walnut Ave

MERCHANTVILLE, NJ 08109

  • 49 days on market
    • Price drop $20,000↓
Welcome to this charming home located in the historic section of Merchantville. This home is full of character and ready to welcome its next owner. It features an updated kitchen and a renovated full bath, combining modern convenience with timeless appeal. The large bedrooms offer plenty of space for rest and relaxation. Recent updates include a new refrigerator and a new water heater, ensuring peace of mind for years to come. The huge, fully fenced backyard provides plenty of room for outdoor activities and privacy. Located just a short walk from downtown Merchantville, you'll enjoy easy access to local shops, dining, and entertainment. Merchantville is also known for its excellent schools, making it an ideal location for families. Don’t miss out on this fantastic property in a highly desirable area! Update- The seller is offering a brand-new roof for this home, ensuring long-term durability and peace of mind for the new owner.

Details

Property type

Single Family Residence

Est. home value

$416,402

Lot size

0.34 acres

Price per sq ft

$176

Year built

1890

Annual property taxes

$12,032

HOA

No

Price History

03/03/2025
Bright

Bright #NJCD2083086

Listed
$395,000
02/12/2025
Bright

Bright #NJCD2083086

Pending
$395,000
02/03/2025
Bright

Bright #NJCD2083086

Price change
$395,000
-4.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MERCHANTVILLE 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

$149,422
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$213,978
Cash to seller
$149,422

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

February 2021

Original loan amount

$235,653

Est. remaining balance

$213,978

Interest rate

2.66%

Loan type

FHA, 30 year

Seller

Theresa Austin

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: 03/03/2025 at 11:40 PM

Listing updated: 03/03/2025 at 10:14 AM

Listed by: Jim V Bertino, HomeSmart First Advantage Realty Phone #: (856) 363-3000

MLS: Bright #NJCD2083086

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