361 Oakshade Road
361 Oakshade Road
$340,045
6
2
1
2,322
2,322
$146
Closed 11/7/22
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.)
- Listed by Jennifer M D'Alesandro • Weichert Realtors-MedfordP: 6093203122 jenagent4u@gmail.com
Property Details for 361 Oakshade Road
Tax ID Number
32-00004 01-00006 03
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleColonial
Levels/Stories2
WaterfrontNo
Location
LISTING UPDATED: 05/10/2024 03:28 PM
Property Details for 361 Oakshade Road
Status | Closed |
---|---|
MLS # | NJBL2024158 |
Days on Market | 168 |
Taxes | $8,567 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1991 |
Lot Size | 1.00 AC / 43,560 SF |
County | Burlington County |
Location
Building Information for 361 Oakshade Road
Stories2Year Built1991Building Size-Lot Size1.00 AC / 43,560 SF
Payment Calculator
$2,570 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 361 Oakshade Road
Property History for 361 Oakshade Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass 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 Record2022$8,829 ($736 / month)
Home Facts
Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtLot Size43,560 SqFtStyleMiscellaneous CommercialYear Built1991ZoningRGCountyBURLINGTONAPN32 00004- 01-00006- 03
Schools near 361 Oakshade Road
This home is within Shamong Township School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Indian Mills Elementary School PublicPK to 4 | ||
Indian Mills Memorial School Public5 to 8 | ||
Seneca High School Public9 to 12 | ||
Cherokee High School Public9 to 12 |
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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