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$285,000

Beds
4
Baths
2.0
sq ft
1,292

5 Hopewell Rd, Bridgeton, NJ 08302

5 Hopewell Rd

BRIDGETON, NJ 08302

  • 101 days on market
    • Price drop $4,000↓
Introducing a timeless gem from the 1950s, this charming rancher is a true embodiment of classic style and comfort. Upstairs, you'll find three inviting bedrooms, each exuding its own unique charm, complemented by a full bath. The arched doorways add a touch of character throughout, creating an atmosphere of warmth and nostalgia. The heart of this home is the welcoming eat-in kitchen, perfect for creating lasting memories with family and friends. Adjacent to the kitchen is a spacious dining room, providing an ideal setting for gatherings. The living room and family room areas offer versatile spaces for relaxation and entertainment. Venture downstairs to discover a full basement that extends the possibilities. An additional room provides flexibility for a home office or guest quarters. The entertainment area is a haven for leisure, complete with a small kitchen for added convenience. The laundry room area, featuring a wash tub, adds practicality to daily living. Step outside to a generous lot that beckons outdoor enjoyment. With ample space for entertaining, gardening, or simply soaking in the fresh air, this property invites you to create your own outdoor haven. Don't miss the chance to embrace the character and potential of this 1950s rancher – a home that seamlessly blends nostalgic charm with modern living.

Details

Property type

Single Family Residence

Est. home value

$256,443

Lot size

0.52 acres

Price per sq ft

$221

Year built

1953

Annual property taxes

$6,658

HOA

No

Price History

11/06/2024
Bright

Bright #NJCB2020428

Price change
$285,000
-1.38%
10/03/2024
Bright

Bright #NJCB2020428

Price change
$289,000
-2.03%
09/19/2024
Bright

Bright #NJCB2020428

Listed
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BRIDGETON 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

$1,120
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$261,080
Cash to seller
$1,120

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

July 2023

Original loan amount

$265,109

Est. remaining balance

$261,080

Interest rate

6.79%

Loan type

FHA, 30 year

Seller

Kimberly Adams

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: 12/29/2024 at 12:40 PM

Listing updated: 11/06/2024 at 12:54 PM

Listed by: Desiree Sheppard, Coldwell Banker Excel Realty Phone #: (856) 696-1111

MLS: Bright #NJCB2020428

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