Fortescue, NJ 08321,261 NEW JERSEY AVE
Fortescue, NJ 08321,261 NEW JERSEY AVE
Fortescue, NJ 08321,261 NEW JERSEY AVE
Fortescue, NJ 08321,261 NEW JERSEY AVE
Fortescue, NJ 08321,261 NEW JERSEY AVE
Fortescue, NJ 08321,261 NEW JERSEY AVE
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$153,000

$150,000

2.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

1 Bath

1,040 SqFt


SOLD DATE : 03/23/2023

Key Details

Sold Price $153,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $147

Subdivision None Available

MLS Listing ID NJCB2011050

Sold Date 03/23/23

Style Colonial

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,040

Originating Board BRIGHT

Year Built 1945

Annual Tax Amount $3,275

Tax Year 2022

Lot Size 1,742 Sqft

Acres 0.04

Property Description

INCREDIBLE opportunity! This property is literally one block off of the Bay in the lovely small fishing town of Fortescue. Use this as your summer getaway, your primary residence year round, or your extremely profitable Short Term Rental (AIRBNB or VRBO). The quaint town of Fortescue is one of the only places left on the Eastern Seaboard where you can buy land this close to a major body of water at this price. To make it even better, Downe Township is set to bring in PUBLIC SEWER to the area so there will be no more septic worries. The fundamentals are here for long-term appreciation! This gorgeous 2 bedroom, 1064 sqft home was once home to the Popeye of Fortescue. This property offers a beautifully remodeled main floor with LVP flooring in the kitchen, new cabinetry, a gas range, stainless steel refrigerator and granite countertops. All of the electrical and plumbing in the first floor as well as structural supports beneath the home have been recently updated (and all permitted!). Past the kitchen you'll find the full bathroom conveniently near the steps upstairs, also recently renovated. The other side of the main floor is made up of a large living room space, again with new flooring paint, vinyl windows, and two propane heaters. This space is perfect for a dining area, for entertaining family or guests, or anything you can dream up -- think game nights listening to the sounds of the bay. The first floor is rounded out by a lovely screened in porch to take in the gorgeous summer nights. Upstairs you will find the first sleeping area to your left before moving through to the first spacious bedroom. Through the bedroom you will walk into another screened in porch, this time with amazing BAY VIEWS. This porch offers access to the second AND POTENTIALLY THIRD bedroom (steps still exist that can lead to this 3rd bedroom area and can be easily uncovered for this use). These rooms need only a little bit of TLC to bring them to their potential. As a short term rental property you could theoretically sleep 5-6 guests in the upstairs with simple renovations. If the main home was not enough value, you will also be getting the lot at 254 Pennsylvania Avenue, directly behind the property and backing up to preserved land, which acts as a uniquely spacious backyard in a town where this is hard to find! Both properties will convey in the sale. Enjoy a flat play or hangout area behind your home after a great day at the beach. The summer months are phenomenal and getting even more popular in Fortescue. Crabbing, fishing, and fine dining with insane views are here for you to enjoy! Whether you are an investor looking for a value add and profitable property, someone looking for a place to enjoy summers without breaking the bank, or someone that simply enjoys the fishing/crabbing/small town lifestyle that Fortescue offers, this property has a role in your life. You do not want to miss this -- you never know when you will get another chance!

Location

State NJ

County Cumberland

Area Downe Twp (20604)

Zoning R

Rooms

Other Rooms Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Screened Porch

Basement Unfinished

Interior

Interior Features Breakfast Area, Dining Area, Family Room Off Kitchen

Hot Water Propane

Heating Other

Cooling Window Unit(s), Wall Unit

Equipment Oven/Range - Gas, Dryer, Washer, Refrigerator

Furnishings No

Appliance Oven/Range - Gas, Dryer, Washer, Refrigerator

Heat Source Propane - Leased

Laundry Main Floor

Exterior

Garage Spaces 4.0

Water Access N

View Bay

Accessibility None

Total Parking Spaces 4

Garage N

Building

Story 2

Foundation Pilings, Block

Sewer Private Septic Tank

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District Downe Township Public Schools

Others

Senior Community No

Tax ID 04-00091-00015

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael DePalma • DePalma Realty
Bought with Daniel Adam Vasapollo • BHHS Fox & Roach - Haddonfield
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