tomo logo

$890,100

Beds
4
Baths
2.0
sq ft
2,273

812 Garden Rd, Elmer, NJ 08318

812 Garden Rd

ELMER, NJ 08318

  • 43 days on market
    • Price drop $98,900↓
NEWLY PRICED!! VINEYARD/POTENTIAL WINERY! 37+/- ACRES PRESERVED FARMLAND plus a SINGLE FAMILY HOME, a live-in cottage, and several storage buildings on the property! 4+ Acre vineyard is surrounded by newer deer fence and has been cultivated with sandy loam soil with great drainage for maximum production and excellent quality of wine grapes. All set for net profit next year with the first commercial crop and double the year after. Opportunity to seek PLENARY LICENSE and possible WINERY permit. This property is actually 4 parcels deeded as one and includes a 4 bedroom-2 bath home, a 400 square foot cottage with vaulted ceilings, a 70x30 machine shed, a 400 linear ft chicken coop, and a hay barn. The house is currently being rented, tenant on a month-to-month basis. *Approximately 20 acres being leased to a local farmer at this time. Close to Route 55, Parvin State Park, shopping, and shore points.

Details

Property type

Single Family Residence

Est. home value

$336,088

Lot size

37.0 acres

Price per sq ft

$392

Year built

1939

Annual property taxes

$6,193

HOA

No

Price History

12/09/2024
Bright

Bright #NJSA2012920

Price change
$890,100
-10%
11/09/2024
Bright

Bright #NJSA2012920

Listed
$989,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Farm Credit East Aca

Loan start date

July 2021

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

2.94%

Loan type

Stand Alone First

Seller

Cape Grape Llc

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 6:40 AM

Listing updated: 12/09/2024 at 5:44 PM

Listed by: Loretta N DeTetta-Aureli, BHHS Fox & Roach-Vineland Phone #: (856) 691-0091

MLS: Bright #NJSA2012920

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