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$434,900

Beds
3
Baths
2.5
sq ft
2,018

40 Grant Ave, Cherry Hill, NJ 08002

40 Grant Ave

CHERRY HILL, NJ 08002

  • 3 days on market
    • Open house Nov 09
Welcome to this beautiful, move-in-ready home in the Erlton South neighborhood of Cherry Hill. This beauty underwent a major renovation in 2019 and has been drastically improved since then. From the moment you pull up to the curb, you notice all of it’s charm. From the newly paved driveway to the gorgeous front porch with swing and the brand-new oversized garage, this one will not disappoint. Walking in the front door, you notice the wonderful open space with gorgeous, inlaid detailed hardwood floors and neutral color throughout. The living room is spacious with a wood-burning fireplace and open to the dining room. The dining room is the perfect size for both everyday meals and holiday dinners. The kitchen has stainless steel appliances, white cabinetry, and granite countertops, and it also has an additional wall of built-ins and counter space for the perfect beverage station. The generous coat closet and half bath complete this level. Just inside the side door, off the driveway, is mudroom space. This is convenient for bringing in groceries and dropping shoes and backpacks. On the second floor, you will find three good-sized bedrooms and a full bathroom with a tub/shower combination. There is a walk-up third floor, which is great for storing out-of-season clothes and holiday decorations. The basement has recently been refinished and offers three new rooms. There is a large recreation area, a separate office, and a gorgeous full bathroom with a marble walk-in shower. Aside from this, there is a laundry room with extra storage space. The garage has been completely rebuilt, and it is any handyperson’s dream for a workshop! Pull-down stairs also lead to a fully floored second level for more storage. The garage has an added fun bonus: a remote-controlled drop-down movie screen. How fun to drop this down and set up camp in your private driveway for movie-watching? The backyard has plenty of grass play space and a slate paver patio space perfect for outdoor dining and entertaining. The newer HVAC, water heater, and roof will give you extra peace of mind. The location of this home could not be more perfect. You are close to the park with jogging/walking paths, the community swim club, playgrounds, and major highways making it an easy commute to Philadelphia and the Jersey Shore. There is nothing left to do but unpack your bags and move in! Don’t miss this one as it will not last long! Showings will begin Sunday, November 3.

Details

Property type

Single Family Residence

Est. home value

$396,360

Lot size

6,251 sq ft

Price per sq ft

$216

Year built

1928

Annual property taxes

$9,310

HOA

No

Price History

11/02/2024
Bright

Bright #NJCD2079058

Listed
$434,900
+58.15%
11/08/2019
Bright

Bright #NJCD372090

Sold
$275,000

Schools & Community

Neighborhood: 

Erlton-Ellisburg

Elementary school: 

Unknown

Middle school: 

CARUSI

High school: 

CHERRY HILL HIGH-WEST H.S.

Community features: 

Sidewalks, Street Lights

School district: 

CHERRY HILL 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

$176,792
Asking price
$434,900
Closing costs (~8% of asking)
-$34,792
Est. remaining loan balance
-$223,316
Cash to seller
$176,792

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

Seller’s Loan History

Lender

Republic First Bank

Loan start date

November 2019

Original loan amount

$247,500

Est. remaining balance

$223,316

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Jonathan Phelps and Amy S Phelps

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: 11/04/2024 at 11:15 PM

Listing updated: 11/02/2024 at 9:49 AM

Listed by: Bonnie L Walter, Keller Williams Realty - Cherry Hill Phone #: (856) 321-1212

MLS: Bright #NJCD2079058

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