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$389,000

Beds
4
Baths
2.0
sq ft
1,582

506 Colonial Ave, West Deptford, NJ 08096

506 Colonial Ave

WEST DEPTFORD, NJ 08096

  • 31 days on market
Don't miss this 4-bed, 2-bath home that was Completely Updated in 2018/19 yet still has all the Charm and Character of an older home. You'll love the welcoming front porch and spacious contemporary open floor plan on the first floor. Plenty of natural light and room to entertain with bamboo flooring throughout the first floor. Large open kitchen with island, pendant lights, stainless appliances, granite countertops and white soft-close cabinets with loads of storage. Through the kitchen, you can walk out to a gorgeous 12 x 20 Trex deck with outdoor TV hookup that overlooks the large backyard. Main level also includes a bedroom/den/office and full bath. Second floor has three good sized bedrooms and an updated full bath. There is an attic accessible via a pull down set of stairs for storage. Additional storage and the laundry are located in the basement, which had a waterproofing system professionally installed in 2024. Outside, the roof, energy efficient windows and vinyl siding were all updated in 2018/19 renovation. Current owner added a concrete driveway, shed and electric fence. The interior of the house was remodeled in 2018/19 down to studs with new insulation, 200 amp electrical service and wiring, new interior plumbing/beautiful fixtures, new HVAC systems, new sheetrock, interior trim and two panel doors. Conveniently located to I-295, shopping, dining, schools and recreational facilities. Schedule a tour today while you still can!

Details

Property type

Single Family Residence

Est. home value

$355,295

Lot size

8,756 sq ft

Price per sq ft

$246

Year built

1924

Annual property taxes

$6,858

HOA

No

Price History

02/27/2025
Bright

Bright #NJGL2052084

Listed
$389,000
02/12/2025
Bright

Bright #NJGL2052084

Pending
$389,000
02/01/2025
Bright

Bright #NJGL2052084

Listed
$389,000
+64.14%

Schools & Community

Elementary school: 

RED BANK

Middle school: 

WEST DEPTFORD M.S.

High school: 

WEST DEPTFORD H.S.

Community features: 

Sidewalks

School district: 

WEST DEPTFORD 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

$152,408
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$205,472
Cash to seller
$152,408

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

July 2020

Original loan amount

$228,000

Est. remaining balance

$205,472

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Kaitlyn Mae Wilson and Roert William Wilson

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: 03/04/2025 at 12:50 AM

Listing updated: 03/02/2025 at 2:14 PM

Listed by: Sue Bromley, Keller Williams Realty - Cherry Hill Phone #: (856) 321-1212

MLS: Bright #NJGL2052084

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