361 Oakshade Road

Shamong, NJ 08088

$340,045
Last Sold Price
6
Beds
2
Baths
1
1/2 Bath
2,322 Sq. Ft.
$146 / Sq. Ft.
2,322
Sq. Ft.
$146
per Sq. Ft.

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.)
  1. Listed by Jennifer M D'Alesandro • Weichert Realtors-Medford
    P: 6093203122 jenagent4u@gmail.com

Property Details for 361 Oakshade Road

Tax ID Number
32-00004 01-00006 03
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
2
Waterfront
No

Location

Listing Courtesy of Weichert Realtors-Medford

Sold By Schneider Real Estate Agency

Add your commute
LISTING UPDATED: 05/10/2024 03:28 PM

Property Details for 361 Oakshade Road

StatusClosed
MLS #NJBL2024158
Days on Market168
Taxes$8,567 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1991
Lot Size1.00 AC / 43,560 SF
CountyBurlington County

Location

Listing Courtesy of Weichert Realtors-Medford

Sold By Schneider Real Estate Agency

Add your commute

Building Information for 361 Oakshade Road

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

Payment Calculator

$2,570 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,856

Property Taxes

$714

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 361 Oakshade Road

Location
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
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
Association / Community Info
  • Senior Community: No
Taxes and Assessment
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
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
Financial Information
  • Annual Rental Income: $49,200
Building Info
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
  • 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 / 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
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 12
  • Parking Features: Paved Parking
Interior Features
Interior Features
  • Interior Features: Attic, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Store/Office, Wood Floors
  • Fireplaces Count: 0
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting
  • Outdoor Living Structures: Deck(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors-Medford

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.