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$1,275,000   Price Analysis
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7 Jennings Rd
Medford, NJ 08055
4 bed 3 bath 2,442 SqFt ($522/SqFt)
14.71 acre lot. Built 1980
Listed 2024-04-30, Taxes $14,337
May be USDA loan restricted due to income limits
near Medford

Remarkable property and location.

* Has Contingent Offer *

Check out the Virtual Tour for Drone Footage which can also be found on Vimeo By Searching the Address. Perfect for a gentleman's farm, winery, venue space. Home is in tremendous condition needs some cosmetic updting. The large pole barns can be the perfect compliment to your landscaping busi ness or farm stand. Less than 700 feet from Route 70 provides easy access to all major roadways but offers seclusion and tranquility while on the property.

The property has several water elements including a pond with a fountain and bulkhead and Sharps Run creek. There is a foot bridge over the creek and a tractor bridge on the peninsula. The opportunity for multifamily housing or single family development could exist with necessary approvals and subdivision as the property borders the highly sought after Hawthorne Estates where homes are ranging between 750-900k. The property is being sold strictly As-Is 7 please conduct your own due diligence.


Presented by David Spaventa at
Weichert, Realtors - Moorestown.


Property MLS #NJBL2064456 from BrightMLS

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Basement

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Waterfront
Water access
Waterfront Feet: 180

Lot Size Acres: 14.71001
Lot Size Square Feet: 640768

Garage Spaces: 2
Garage Features: Additional Storage Area
Parking Features: Attached Garage Spaces: 2, Attached Garage, Driveway
Parking Total: 2

View: Creek/Stream, Pasture, Pond, Trees/Woods, Water

Association: No
Calculated Total Monthly Association Fees: 0

School District: LENAPE REGIONAL HIGH

Haines Memorial 6thgr Center is a public elementary and middle school located approximately 1.2 miles away.
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St. Mary of the Lakes School is a private elementary and middle school located approximately 0.6 miles away.
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Lenape High School is a public high school located approximately 1.4 miles away.
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Municipality: MEDFORD TWP
Annual Tax Amount: 14043.0
Source Listing Status: Active Under Contract
County: BURLINGTON
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: BURLINGTON
Postal Code Plus 4: 9536
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$272,700 + $159,400
$432,100
$14,337
2022$272,700 + $159,400
$432,100
$14,043
2021$272,700 + $159,400
$432,100
$13,965
2020$272,700 + $93,700
$366,400
$11,768
2019$272,700 + $93,700
$366,400
$11,611
2018$272,700 + $93,700
$366,400
$11,450
2017$272,700 + $93,700
$366,400
$11,369
2016$272,700 + $93,700
$366,400
$11,329
2015$272,700 + $93,700
$366,400
$11,160
2014$272,700 + $93,700
$366,400
$10,819
2013$272,700 + $93,700
$366,400
$10,464
2012$272,700 + $93,700
$366,400
$10,105
2011$176,600 + $35,000
$211,600
$9,458
2009$176,600 + $35,000
$211,600
$9,115
2008$176,600 + $35,000
$211,600
$9,050
2007$176,600 + $35,000
$211,600
$9,119

Listed 2024-04-30
$1,275,000
BrightMLS
Sold 2023-08-24
$1,100,000
Public Record
Listing removed 2023-08-10
$0
BrightMLS
Listed 2023-04-13
$1,100,000
BrightMLS
Sold 1979-08-01
$65,000
Public Record

Year Built: 1980
Above Grade Finished Area: 2442
Construction Materials: Brick
Property Age: 44
Levels or Stories: 2
Structure Type: Detached
House Style: Colonial
Total Area Sqft: 2442
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.