OFF MARKET

Off market oct 2021 for $70K

$154,856

•

911

sq ft

118 Madison St, Deepwater, NJ 08023

About this home

Attention Savvy Investors. .. Court Ordered Receiver Sale. Check out this vacant 2 bedroom, 1 bath bungalow with loads of potential. Property sold strictly "AS IS, WHERE IS, with all faults" - Buyer will be responsible for all repairs , inspections and certifications, if applicable. Incredible income potential and convenient location make this an investment you should consider for your long term real estate holdings. Invest in your future today. Sale subject to court approval.

Single-familyProperty Type

1917Year Built

3,472 sq ftLot Size

$170Est. Price/Sq.Ft.

Listed by Rich Warner • Warner Real Estate & Auction Company

•856-769-4111 (broker)

Bought with Mr. Jason Torres • Better Homes and Gardens Real Estate Realty Connect

•856-316-0777 (broker)

•rob@betternjagents.com (broker)

Redfin checked: 3 minutes ago

•Source:BRIGHT MLS #NJSA2000700

Redfin Estimate

$154,856

$85K since sold in October 2021$8,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.3% lower than the average sale price ($202K) of 6 comparable homes.

SOLD AUG 21, 2026
$183,000
A
3 beds1 bath891 sq ft
56 Van Buren St, Deepwater, NJ 08023
SOLD AUG 21, 2026
$162,500
B
2 beds1 bath1,051 sq ft
52 Van Buren St, Deepwater, NJ 08023
SOLD SEP 30, 2026
$215,000
C
2 beds1 bath1,022 sq ft
337 Jackson Ave, Carneys Point, NJ 08069
SOLD SEP 25, 2026
$185,000
D
2 beds1 bath1,014 sq ft
259 A St, Carneys Point, NJ 08069
SOLD AUG 3, 2026
340 Jackson Ave, Carneys Point, NJ 08069
$205,000
E
2 beds1 bath1,049 sq ft
340 Jackson Ave, Carneys Point, NJ 08069
SOLD APR 23, 2026
$261,000
F
3 beds1 bath1,051 sq ft
581 N Broadway, Deepwater, NJ 08023

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Earn from this home

Rent

$1,725/mo

Redfin rental estimate

List your home for rent

Market trends in 08023, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

104.4%

0.0% MoM

Median sale price

$261K

$0 MoM

Avg. days on market

13d

0 days MoM

Recently sold homes

0 MoM

Provided by Redfin

Sale history for 118 Madison St

Date

Event

Price

BRIGHT MLS #NJSA2000700

Oct 7, 2021

Sold

$70,000

$77/sq ft

Aug 23, 2021

Pending

—

Aug 11, 2021

Listed

$75,000

$82/sq ft

BRIGHT MLS #NJSA133954

Oct 31, 2019

Listing Removed

—

May 1, 2019

Listed

$59,900

$66/sq ft

BRIGHT MLS #1000374587

Apr 1, 2018

Listing Removed

—

Sep 8, 2017

Listed

$65,000

$71/sq ft

BRIGHT MLS #1007002572

Jul 31, 2012

Listing Removed

—

Jun 1, 2011

Listed

$89,000

$98/sq ft

BRIGHT MLS #1006666360

Mar 15, 2011

Listing Removed

—

Oct 22, 2009

Listed

$113,000

$124/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

56 ft.

Lot depth

62 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Salem County

APN

09-00112-00010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 8, 2023.

Property details

Parking

Parking Information
On Street

Interior

Bedroom Information
# of Bedrooms On Main Level: 2

Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1

Interior Information
Living Area Sq.Ft. Source: Assessor

Basement Information
Basement: No

Exterior

Property Information
Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Horse: No
Improvement Assessed Value: $64,400
Ownership Interest: Fee Simple
Property Condition: Major Rehab Needed
Year Built Source: Assessor

Building Information
Construction Materials: Stucco
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Building Not Winterized

Lot Information
Lot Size Dimensions: 56.00 x 62.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $26,900

Above Grade Information
Finished Sq.Ft.: 911
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $91,300
Tax Year: 2020
Tax Annual Amount: $4,093

Assessments Information
Year Assessed: 2020

Lease Information
Lease Considered: No

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Central
Heating Fuel: Natural Gas
Hot Water: Other
Sewer Septic: Public Sewer
Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Source: Public

Location

School Information
School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
School District Source: Listing Agent

Location Information
Directions: Broadway, (R) on Jackson, PIQ on corner of Madison Street
Municipality: PENNSVILLE TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Salem County
APN: 09-00112-00010

Home facts updated by county records on Apr 8, 2023

Around this home

Schools

K - 12
Preschool & daycare

Central Park Elementary School

Public K-3 • Assigned • 1.9mi

4/10

Pennsville Middle School

Public 6-8 • Assigned • 3.0mi

4/10

Pennsville Memorial High School

Public 9-12 • Assigned • 2.9mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 104° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Deepwater, NJ • 08023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$148,000 – $179,000

Sell confidently with a local market expert in Deepwater. 3 minutes to get started.

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Home values near 118 Madison St

Data from public records.

Address	Redfin Estimate
119 Madison St, Deepwater, NJ 3 Beds \| 1 Baths \| 980 Sq. Ft.	$199,455
115 Madison St, Deepwater, NJ 3 Beds \| 1 Baths \| 891 Sq. Ft.	$155,706
116 Madison St, Penns Grove, NJ 3 Beds \| 1 Baths \| 896 Sq. Ft.	$188,706
114 Madison St, Deepwater, NJ - Beds \| - Baths \| - Sq. Ft.	$137,788
216 Harrison St, Deepwater, NJ 3 Beds \| 1 Baths \| 1215 Sq. Ft.	$207,356
595 North Broadway, Deepwater, NJ - Beds \| - Baths \| 891 Sq. Ft.	$176,456
587 North Broadway, Deepwater, NJ - Beds \| - Baths \| 1051 Sq. Ft.	$163,863

Address	Redfin Estimate
109 Madison St, Deepwater, NJ 3 Beds \| 1 Baths \| 1103 Sq. Ft.	$253,187
112 Madison St, Penns Grove, NJ 4 Beds \| 1 Baths \| 1091 Sq. Ft.	$219,552
118 Madison St, Penns Grove, NJ - Beds \| - Baths \| 911 Sq. Ft.	$175,126
596 North Broadway, Deepwater, NJ - Beds \| - Baths \| 1740 Sq. Ft.	$289,451
214 Harrison St, Deepwater, NJ 3 Beds \| 1 Baths \| 1051 Sq. Ft.	$224,992
593 North Broadway, Deepwater, NJ 3 Beds \| 1 Baths \| 1051 Sq. Ft.	$104,070
216 HARRISON St, DEEPWATER, NJ - Beds \| - Baths \| - Sq. Ft.	$179,977

Address	Redfin Estimate
113 Madison St, Deepwater, NJ 3 Beds \| 1 Baths \| 914 Sq. Ft.	$184,023
114 Madison St, Penns Grove, NJ - Beds \| - Baths \| 891 Sq. Ft.	$144,697
110 Madison St, Deepwater, NJ 3 Beds \| 1.5 Baths \| 1187 Sq. Ft.	$207,460
218 Harrison St, Deepwater, NJ 4 Beds \| 1 Baths \| 1250 Sq. Ft.	$245,717
210 Harrison St, Deepwater, NJ - Beds \| - Baths \| 891 Sq. Ft.	$175,853
591 North Broadway, Deepwater, NJ 2 Beds \| 1 Baths \| 891 Sq. Ft.	$180,025

Property information provided by BRIGHT MLS when last listed in 2021. This data may not match . Learn more.

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