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$259,900

Beds
3
Baths
2.0
sq ft
1,468

306 Madison Ave, Newfield, NJ 08344

306 Madison Ave

NEWFIELD, NJ 08344

  • 66 days on market
    • Price drop $20,000↓
Just Reduced!!!! Welcome to this character-filled rancher, perfectly set in beautiful Newfield. With 3 bedrooms and 2 baths. Full basement and large kitchen. Home in need of TLC. Buyer to assume solar lease.

Details

Property type

Single Family Residence

Est. home value

$268,679

Lot size

0.41 acres

Price per sq ft

$178

Year built

1946

HOA

No

Price History

12/02/2024
Bright

Bright #NJGL2048946

Price change
$259,900
-7.15%
10/28/2024
Bright

Bright #NJGL2048946

Listed
$279,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

School district: 

FRANKLIN TOWNSHIP BOARD OF EDUCATION

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

$128,515
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$110,593
Cash to seller
$128,515

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

Seller’s Loan History

Lender

Oak Mortgage Company Llc

Loan start date

March 2012

Original loan amount

$156,000

Est. remaining balance

$110,593

Interest rate

3.87%

Loan type

VA, 30 year

Seller

William F Carlin Jr and Leona Carlin

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 6:45 AM

Listing updated: 12/02/2024 at 10:34 AM

Listed by: Brian L. Pierce, Tirelli Pierce Real Estate, Inc. Phone #: (856) 362-5651

MLS: Bright #NJGL2048946

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