515 N Walnut Ave Magnolia, NJ 08049
Estimated payment $2,258/month
Total Views
5,438
3
Beds
1
Bath
1,488
Sq Ft
$202
Price per Sq Ft
Highlights
- Cape Cod Architecture
- Forced Air Heating and Cooling System
- 3-minute walk to Richard Michielli Park
- No HOA
About This Home
**We have received multiple offers on the property. Please submit your best and final offer by Tuesday, July 1st at 5:00 PM. The seller will review all offers and is expected to respond by Wednesday. **Charming Expanded Cape in the heart of historic Magnolia! Welcome to 515 N Walnut Ave—a delightful 3-bedroom 1 bath home that blends classic character with great space and comfort. Step inside to find a cozy front living room with large windows that let in tons of natural light. Hardwood floors lie beneath the carpeting, ready to be uncovered and refinished. The main level features two spacious bedrooms and a full bathroom, offering convenient single-level living. A standout feature of this home is the rear addition, which includes a formal dining room and a spacious great room with vaulted ceilings. Perfect for entertaining or everyday living. Downstairs, the finished basement offers even more room to spread out, with a large third bedroom and flexible space for a home office, gym, or playroom. Step outside and enjoy a large backyard with a beautiful wooden deck—ideal for outdoor dining, summer BBQs, or simply relaxing in your private outdoor space. Additional highlights include central A/C, a two-car driveway, and a fantastic location close to schools, shopping, and major roadways. This adorable home is full of potential—don’t miss your chance to make it yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,393
Year Built
- Built in 1946
Lot Details
- 7,501 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
Parking
- Driveway
Home Design
- Cape Cod Architecture
- Bungalow
- Block Foundation
- Frame Construction
Interior Spaces
- 1,488 Sq Ft Home
- Property has 2 Levels
- Finished Basement
Bedrooms and Bathrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00017
- Assessor Parcel Number 23-00006-00017
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,394 | $154,000 | $46,000 | $108,000 |
| 2024 | $7,213 | $154,000 | $46,000 | $108,000 |
| 2023 | $7,213 | $154,000 | $46,000 | $108,000 |
| 2022 | $7,025 | $154,000 | $46,000 | $108,000 |
| 2021 | $6,958 | $154,000 | $46,000 | $108,000 |
| 2020 | $6,825 | $154,000 | $46,000 | $108,000 |
| 2019 | $6,696 | $154,000 | $46,000 | $108,000 |
| 2018 | $6,560 | $154,000 | $46,000 | $108,000 |
| 2017 | $6,369 | $154,000 | $46,000 | $108,000 |
| 2016 | $6,191 | $154,000 | $46,000 | $108,000 |
| 2015 | $5,977 | $154,000 | $46,000 | $108,000 |
| 2014 | $5,892 | $154,000 | $46,000 | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | For Sale | $299,900 | 0.0% | $202 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $299,900 | +150.1% | $202 / Sq Ft |
| 10/16/2015 10/16/15 | Sold | $119,900 | 0.0% | $81 / Sq Ft |
| 08/17/2015 08/17/15 | Pending | -- | -- | -- |
| 07/30/2015 07/30/15 | For Sale | $119,900 | -- | $81 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Miller Andrew L | |
| Bargain Sale Deed | $119,900 | -- | |
| Deed | $119,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $183,200 | New Conventional | |
| Previous Owner | $4,091 | FHA | |
| Previous Owner | $117,727 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: NJCD2096180
APN: 23-00006-0000-00017
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