361 Oakshade Road

Closed 11/7/22

Last Sold Price

$340,045

6 beds3 baths2,322 sqft$146/sqft

361 Oakshade Rd, Shamong, NJ 08088

Description

Endless potential with this property offering both residential and commercial opportunities! The 2,322 sq ft home/building sits on one acre (with a neighboring parcel of 5.4 acres also included – 108 Tuckerton Road – currently nonconforming w/ wetlands but could possibly be used for pineland development credits – more research & application needed) close to the intersection of two popular roads, Tuckerton Road and Oakshade Road, in Shamong Township. The many different uses include: 1.) Owner Occupied...Endless potential with this property offering both residential and commercial opportunities! The 2,322 sq ft home/building sits on one acre (with a neighboring parcel of 5.4 acres also included – 108 Tuckerton Road – currently nonconforming w/ wetlands but could possibly be used for pineland development credits – more research & application needed) close to the intersection of two popular roads, Tuckerton Road and Oakshade Road, in Shamong Township. The many different uses include: 1.) Owner Occupied as a Primary Residence (some modifications may be needed as well as township approval – it is already in a residential zone). 2.) Owner Occupied w/ Owner’s Business – live in and operate your business out of the same dwelling (some modifications may be needed as well as township approval – it is in a residential zone w/ currently commercial office space being rented). 3.) Commercial Property – operate your business here (some modifications may be needed as well as township approval depending on business type – it is currently used for professional office use & zoning officer has stated there should be no approvals needed if continuing to be used as professional office use w/ change of ownership). 4.) Commercial Rental Investment – purchase this as an investment opportunity w/ several rental spaces available w/ high income opportunity (this is the current use). The dwelling is currently divided into two separate rental areas with the first floor offering a reception area/waiting room or could be a living room, one larger office or could be a dining room, 3 other offices or could be bedrooms, 1.5 bathrooms & an eat-in kitchen area (would need a stove for residential use). The second floor is currently rented on a month to month basis for $1200/mo (tenants would like to stay) & offers a separate outside entrance (also inside access to lower half), open reception area, 3 offices or bedrooms, kitchenette & a full bathroom. There is also a finished basement that both the second floor and first floor can access or just limit use to one floor. There is a deck, approximately 12 lined parking spots & potential for more parking on the gravel area & the shed (approx. 12x20) can be utilized for separate rental purposes or storage. There are two separate electric meters. The total building was receiving $4100/mo ($2900/mo for 1st floor & $1200/mo for 2nd floor) rental income in the past. Professional office use would be suitable for engineering, architects, accounting, insurance, surveyors, photographer, consulting, attorneys, real estate office, travel agency, financial, computer/tech, medical, dental & more! (Please confirm business use w/ zoning officer.)

LISTING CLOSED: 11/07/2022 12:00 AM

Listed by Jennifer M D'Alesandro • Weichert Realtors-Medford
P: (609) 320-3122 jenagent4u@gmail.com

Property Details for 361 Oakshade Road

Status

Closed

MLS #

NJBL2024158

Days on Market

168

Taxes

$8,567 / year

HOA Fees

Condo/Co-op Fees

Property Type

Single Family

MLS Type

Residential / Fee Simple

Year Built

1991

Lot Size

1.00 AC / 43,560 SF

County

Burlington County

Tax ID Number

32-00004 01-00006 03

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Detached

Style

Colonial

Levels/Stories

Waterfront

Garage

Subdivision

NONE AVAILABLE

Subdivision

NONE AVAILABLE (BURLINGTON NJ)

Cross Street

Tuckerton Road

Municipality

SHAMONG TWP

Total Parking Spaces

Central Air

Yes

Basement

Yes

Above Grade Finished SQFT

2,322.00

Above Grade Fin SQFT Source

Assessor

Below Grade Finished SQFT

.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

.00

Total Below Grade SQFT Source

Assessor

New Construction

Property Condition

Excellent, Very Good

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Location

Listing Courtesy of Weichert Realtors-Medford

Sold By Schneider Real Estate Agency

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Building Information for 361 Oakshade Road

Stories2Year Built1991Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$2,442 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,728

Property Taxes

$714

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 361 Oakshade Road

Location

School District Name: SHAMONG TOWNSHIP PUBLIC SCHOOLS
School District County ID: 300200396572

SchoolDistrictSource: Listing Agent
High School: SENECA H.S. (BURLINGTON NJ)
HighSchoolSource: Listing Agent
County: BURLINGTON
MLS Area: Shamong Twp (20332)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2021
Tax Assessed Value: $305,300

Year Assessed: 2021
County Tax: $0
Improvement Assessed Value: $205,300
City Town Tax: $0
Land Assessed Value: $100,000
Clean Green Assessed: No
Land Use Code: 0
Zoning: RG
Tax Lot: 00006 03
School Tax: $0
Automatically Update Tax Values Y/N: Yes

Lease Information

Concessions: Yes
Concessions Amount: $20,000

Rooms

Main

# Bedrooms Count Main Level: 3
# Bathrooms Count Main Level: 2

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 1

All Upper Levels

# Bedrooms Count All Upper Levels: 3
# Bathrooms Count All Upper Levels: 1

# Bathrooms Full All Upper Levels: 1

Upper Level 1

# Bedrooms Count Upper Level: 3
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

Rooms

Stories: Main, Upper 1

Financial Information

Annual Rental Income: $49,200

Building Info

Total Finished SQFT: 2,322.00
Total Finished SQFT Source: Assessor

Tax Total Finished SQFT: 2,322.00
Total SQFT: 2,322.00
Total SQFT Source: Assessor
Construction Materials: Frame
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8015/2121/0468/801521210468_512_384_WM_3jdWsYbEi57MAEUy.jpg
Basement Type: Full, Fully Finished, Interior Access
Foundation Details: Block
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1
# Bathrooms Full: 2
# Bathrooms Half: 1

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 0.00 x 0.00

Lot Dimensions Source: Assessor
Lot Features: Front Yard, Open, Rear Yard, Road Frontage, SideYard(s), Additional Lot(s)
Parcel ID: 1734700

Parking

Type Of Parking: Parking Lot
Parking Lot - # of Spaces: 12

Parking Features: Paved Parking

Interior Features

Interior Features: Attic, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Store/Office, Wood Floors
Fireplaces Count: 0

Accessibility Features: None
Virtual Tour URL Unbranded: http://spws.homevisit.com/mls/375845/361-OAKSHADE-ROAD-SHAMONG-NJ-08055

Exterior Features

Exterior Features: Exterior Lighting
Outdoor Living Structures: Deck(s)

Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Zoned, Central
Heating Fuel: Electric
Hot Water: Electric
Water Source: Well
Sewer Septic: On Site Septic

Confidential Data

Listing Office

List Agent AOR: NEXUS Association of Realtors
List Agent URL: www.jenagent4u.com

Property History for 361 Oakshade Road

Date	Event & Source	Price	Appreciation
Nov 7, 2022	Closed BRIGHT #NJBL2024158	$340,045	—
Nov 4, 2022	Closed (Public Record) Public Record #1501506717	$340,045	—
Sep 2, 2022	Price Change BRIGHT #NJBL2024158	$325,000	—
Sep 2, 2022	Pending BRIGHT #NJBL2024158		—
Sep 2, 2022	Active Under Contract BRIGHT #NJBL2024158		—
Aug 4, 2022	Price Change BRIGHT #NJBL2024158	$350,000	—
Jul 13, 2022	Price Change BRIGHT #NJBL2024158	$385,000	—
May 16, 2022	Expired BRIGHT #NJBL2010960		—
Apr 28, 2022	Listed (Active) BRIGHT #NJBL2024158	$395,000	—
Apr 8, 2022	Withdrawn BRIGHT #NJBL2010960		—
Feb 18, 2022	Price Change BRIGHT #NJBL2010960	$399,900	—
Jan 4, 2022	Expired BRIGHT #NJBL2008904		—
Nov 15, 2021	Listed (Active) BRIGHT #NJBL2010960	$425,000	—
Oct 29, 2021	Withdrawn BRIGHT #NJBL2008904		—
Oct 18, 2021	Listed (Active) BRIGHT #NJBL2008904	$425,000	—

Date	Event & Source	Price
11/07/2022	Closed BRIGHT #NJBL2024158	$340,045
11/04/2022	Closed (Public Record) Public Record #1501506717	$340,045
09/02/2022	Price Change BRIGHT #NJBL2024158	$325,000
09/02/2022	Pending BRIGHT #NJBL2024158	—
09/02/2022	Active Under Contract BRIGHT #NJBL2024158	—
08/04/2022	Price Change BRIGHT #NJBL2024158	$350,000
07/13/2022	Price Change BRIGHT #NJBL2024158	$385,000
05/16/2022	Expired BRIGHT #NJBL2010960	—
04/28/2022	Listed (Active) BRIGHT #NJBL2024158	$395,000
04/08/2022	Withdrawn BRIGHT #NJBL2010960	—
02/18/2022	Price Change BRIGHT #NJBL2010960	$399,900
01/04/2022	Expired BRIGHT #NJBL2008904	—
11/15/2021	Listed (Active) BRIGHT #NJBL2010960	$425,000
10/29/2021	Withdrawn BRIGHT #NJBL2008904	—
10/18/2021	Listed (Active) BRIGHT #NJBL2008904	$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 361 Oakshade Road

Taxable ValueLand$106,500Additions$205,300Total$311,800

Tax Record2025$10,361 ($863 / month)

Home Facts

Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtLot Size278,784 SqFtStyleOffice BuildingYear Built1991Year Renovated1991ZoningRGCountyBURLINGTONAPN32-00004-01-00006-17

Schools near 361 Oakshade Road

This home is within Shamong Township School District.


Rating	School	Type	Grades	Distance
7/10	Indian Mills Elementary School	Public - Serves this home	PK to 4	2.0 mi
8/10	Indian Mills Memorial School	Public - Serves this home	5 to 8	0.7 mi
6/10	Seneca High School	Public - Serves this home	9 to 12	3.0 mi
6/10	Cherokee High School	Public - Serves this home	9 to 12	8.2 mi
7/10	Shawnee High School	Public - Serves this home	9 to 12	2.3 mi


Rating	School	Distance
7/10	Indian Mills Elementary School PublicPK to 4 Serves this home	2.0 mi
8/10	Indian Mills Memorial School Public5 to 8 Serves this home	0.7 mi
6/10	Seneca High School Public9 to 12 Serves this home	3.0 mi
6/10	Cherokee High School Public9 to 12 Serves this home	8.2 mi
7/10	Shawnee High School Public9 to 12 Serves this home	2.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 361 Oakshade Road, Shamong, NJ 08088	$340,045	6	3	2,322	43,560
2 Colebrick Court, Shamong, NJ 08088	$399,580	4	3	–	49,222
358 Oakshade Road, Shamong, NJ 08088	–	–	–	1,560	44,997
4 Colebrick Court, Shamong, NJ 08088	$394,900	4	3	–	43,560
362 Oakshade Road, Shamong, NJ 08088	$442,000	4	4	3,689	108,203
108 Tuckerton Road, Shamong, NJ 08088	–	–	–	–	235,224
6 Colebrick Court, Shamong, NJ 08088	$445,000	4	3	2,941	55,757
1 Colebrick Court, Shamong, NJ 08088	$375,000	–	–	2,619	55,887
6 Bainbridge Court, Shamong, NJ 08088	$572,900	4	4	3,296	87,011
3 Colebrick Court, Shamong, NJ 08088	$920,000	4	4	2,541	43,560
5 Colebrick Court, Shamong, NJ 08088	$485,000	4	4	2,985	61,028
366 Oakshade Road, Shamong, NJ 08088	$578,000	4	3	3,231	147,233
4 Bainbridge Court, Shamong, NJ 08088	$505,000	5	3	3,089	43,734
118 Tuckerton Road, Shamong, NJ 08088	$395,000	4	3	3,000	121,967
2 Bainbridge Court, Shamong, NJ 08088	–	–	–	2,338	60,548
348 Oakshade Road, Shamong, NJ 08088	–	–	–	1,016	54,145

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Listing Courtesy of Weichert Realtors-Medford

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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