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Backup Offers

355 Penny Ln, Mays Landing, NJ, 08330

$150,000

Home List Price

$1,781*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
4,434 SqFt
$34/SqFt
House
Schools Nearby

Location

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355 Penny Ln, Mays Landing$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1954
HeatingForced Air
CoolingWindow Unit(s), Wall Unit(s)
MLS #NJAC2012184
Lot Size0.34 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 355 Penny Ln

Are you seeking an ultra-unique home with a full guest suite, nearby water access, and tons of investment potential? Look no further! Situated on a 0.34-acre lot just minutes from dining and shopping, this 6 Bedroom 3.5 Bathroom property emanates storybook charm with castle-inspired architecture and lovely exterior brickwork. Although in need of significant repairs, the home whimsically charms with a spacious living room, two rustic fireplaces, a large eat-in kitchen, and abundant natural light. Each bedroom is well-sized for modern design preferences, while multiple bathrooms provide generous amounts of convenience. For those seeking multigenerational appeal, the property has a sizable guest suite with a full kitchen. Whether you are seeking to fully customize your forever home or delight in renovating houses with a high ARV, this one-of-a-kind home impresses with both style and cash-flow potential. Other features: ample parking, close to water for boating, and much more! Call now for a tour! **Cash, Renovation Loans or Investors with hard money only! Extensive Renovations Needed**

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1954
  • Stories: 2
  • Living Area: 4,434 SqFt

Listing Office:

  • Office Name: Your Home Sold Guaranteed, Nancy Kowalik Group
  • Office Phone: (856) 478-6562
  • Listing Agent: Nancy Kowalik

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s), Wall Unit(s)

School Info

Assigned Schools Information:

  • Oakcrest High School, Public District Grades 9-12
  • William Davies Middle School, Public District Grades 6-8
  • George L. Hess Educational Complex, Public District Grades 2-5

Other

Directions Information:

  • Directions: Right off Crescent Blvd.

Municipality:

  • Hamilton Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $34/SqFt

Tax Information:

  • Annual Amount: $3,308
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mays Landing, NJ.

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Mays Landing, NJ

City

Med. Sold Price

$299K

Med. Price/SqFt

$185

Avg. Days On Market

26

# of Sold Homes

39

355 Penny Ln vs Mays Landing

9 DAYS ON ROCKET

-17 Days

$150,000

-$149K Less

$34/SqFt

-$151 Less

KEY TAKEAWAY

This property is $149K less than the Median Sold Price and $151/SqFt less than other homes in Mays Landing, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJAC2012184

Listing Office:

  • Office Name: Your Home Sold Guaranteed, Nancy Kowalik Group
  • Office Phone: (856) 478-6562
  • Listing Agent: Nancy Kowalik

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 16, 2002Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,308$113,700
2019$3,669$113,700
2018$3,541$113,700
2017$3,485$113,700

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4406657
4
/10

  • George L. Hess Educational Complex

  • 700 Babcock Rd

  • 1.54 miles

  • Public District Grades 2-5

Middle School

school-card-donut-4406658
2
/10

  • William Davies Middle School

  • 1876 Dr Dennis Foreman Dr

  • 2.94 miles

  • Public District Grades 6-8

High School

school-card-donut-4406659
2
/10

  • Oakcrest High School

  • 1824 Dr Dennis Foreman Dr

  • 3.33 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,296. Residents of Mays Landing, NJ typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 355 Penny Ln

What is the listing price of this property?

The listing price of 355 Penny Ln property is $150,000.

What type of property is this?

The property 355 Penny Ln is a house located in Mays Landing, New Jersey, 08330.

Is this property for sale now?

Accepting Backup Offers: 355 Penny Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 355 Penny Ln are:
George L. Hess Educational Complex: GreatSchools Rating 4/10
William Davies Middle School: GreatSchools Rating 2/10
Oakcrest High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,308 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 16, 2002 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 355 Penny Ln has 6 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 355 Penny Ln is 4,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 355 Penny Ln is 1954.

Rocket Homes›New Jersey›Atlantic County›Mays Landing›08330›355 Penny Ln

This home is located at 355 Penny Ln in Mays Landing, NJ and zip code 08330. This 4,434 square foot home, which was built in 1954, sits on a 0.34 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $150,000.

While more than 15 listings in Mays Landing, NJ in April 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. The number of listings in Mays Landing, NJ decreased by 9% between March 2024 and April 2024. Listings spent 26 days on the market in April 2024, and had a median list price of $299,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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