Off Market Apr 2023 for $49K

$247,281

Est. refi paymentEst. refi $314/mo

•

1,254

sq ft

7 Main St, Hancocks Bridge, NJ 08038

About this home

This home is being sold as-is and is currently laid out as a 2 bed 1 bath home over 1200 sq ft. There are plans to restore the home to a 3 bed 1.5 bath finish with structural engineer approval. The home was recently appraised by a lender for 205k as well. It is on well water with public sewer. The area is undergoing major economic gentrification with the NJ Wind Port under development. The roof is less than 5 years old as well. The lot backs to a canal as well near the boat launch in downtown historic Hancocks Bridge. The listing agent has a financial interest in the property.

Single-familyProperty Type

1888Year Built

$197Est. Price/Sq.Ft.

Listed by David Ralic • Society

•856-229-7094 (broker)

Bought with Gina Romano • Romano Realty

•856-434-4050 (broker)

•admin@theromanoteam.net (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #NJSA2006126

Redfin Estimate

$247,281

$198K since sold in April 2023$21K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 68.1% higher than the average sale price ($147K) of 6 comparable homes.

SOLD MAY 15, 2026
$161,000
A
3 beds1.5 baths1,197 sq ft
14 Yorke St, Salem, NJ 08079
SOLD APR 24, 2026
$280,000
B
3 beds1 bath1,342 sq ft
56 Main St, Hancocks Bridge, NJ 08038
SOLD AUG 27, 2026
$95,000
C
3 beds1 bath1,214 sq ft
97 Chestnut St, Salem, NJ 08079
SOLD JUL 17, 2026
$117,500
D
4 beds1 bath1,317 sq ft
23 Yorke St, Salem, NJ 08079
SOLD AUG 18, 2026
$139,000
E
3 beds1 bath1,204 sq ft
112 8th St, Salem, NJ 08079
SOLD AUG 21, 2026
$90,000
F
3 beds1.5 baths1,456 sq ft
324 Allen Ave, Salem, NJ 08079

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Earn from this home

Sell

$194,002

Est. take-home

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Refinance

Est. cash available

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Rent

$1,988/mo

Redfin rental estimate

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Market trends in 08038, NJ

Last updated August 2026

Sale-to-List Price

100.0%

+42.8% MoM

Median sale price

$310K

$135K MoM

Avg. days on market

41d

3 days MoM

Recently sold homes

0 MoM

Provided by Redfin

Sale history for 7 Main St

Date

Event

Price

BRIGHT MLS #NJSA2006126

Apr 25, 2023

Sold

$49,000

$39/sq ft

Apr 11, 2023

Pending

—

Apr 6, 2023

Contingent

—

Apr 4, 2023

Price Changed

$49,000

$39/sq ft

Nov 30, 2022

Listed

$50,000

$40/sq ft

BRIGHT MLS #NJSA2000816

Oct 28, 2022

Listing Removed

—

Aug 14, 2021

Listed

$425,000

$339/sq ft

BRIGHT MLS #NJSA140662

Jul 2, 2021

Listing Removed

—

May 3, 2021

Relisted

—

Apr 29, 2021

Pending

—

Apr 26, 2021

Contingent

—

Apr 8, 2021

Price Changed

$40,000

$32/sq ft

Mar 8, 2021

Relisted

—

Mar 5, 2021

Listing Removed

—

Jan 15, 2021

Listed

$50,000

$40/sq ft

BRIGHT MLS #NJSA140660

Jan 15, 2021

Sold

$15,000

$12/sq ft

Jan 15, 2021

Listed

$15,000

$12/sq ft

BRIGHT MLS #NJSA136826

Sep 3, 2020

Listing Removed

—

May 21, 2020

Price Changed

$40,000

$32/sq ft

May 8, 2020

Relisted

—

Apr 30, 2020

Listing Removed

—

Apr 10, 2020

Price Changed

$29,999

$24/sq ft

Jan 13, 2020

Listed

$40,000

$32/sq ft

BRIGHT MLS #NJSA136438

Nov 11, 2019

Listing Removed

—

Nov 7, 2019

Relisted

—

Nov 7, 2019

Listing Removed

—

Nov 7, 2019

Listed

$30,000

$24/sq ft

Public Records

Oct 10, 2001

Sold

$49,000

$39/sq ft

BRIGHT MLS #NJSA114238

Jun 30, 2000

Sold

$43,000

$34/sq ft

Mar 24, 1998

Listed

$43,000

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,142 (+12.7%)

$40,900 + $150,500

$191,400

2024

$1,013 (+4.6%)

$15,000 + $42,000

$57,000

2023

$969 (+4.8%)

$15,000 + $42,000

$57,000

2022

$925

$15,000 + $42,000

$57,000

2021

$924 (+7.4%)

$15,000 + $42,000

$57,000

2020

$861 (−3.6%)

$15,000 + $42,000

$57,000

2019

$893 (−5.1%)

$15,000 + $42,000

$57,000

2018

$941 (+2.9%)

$15,000 + $42,000

$57,000

2017

$914 (+3.7%)

$15,000 + $42,000

$57,000

2016

$882 (+12.5%)

$15,000 + $42,000

$57,000

2014

$784 (+14.0%)

$15,000 + $42,000

$57,000

2013

$688 (−2.2%)

$15,000 + $42,000

$57,000

2012

$703 (−2.7%)

$15,000 + $42,000

$57,000

2011

$723 (+13.6%)

$15,000 + $42,000

$57,000

2010

$636 (−16.5%)

$15,000 + $42,000

$57,000

2009

$762

$15,000 + $42,000

$57,000

Tax history for 7 Main St

Year

Property tax

Land + Additions

Assessment*

2025

$1,142 (+12.7%)

$40,900 + $150,500

$191,400

2024

$1,013 (+4.6%)

$15,000 + $42,000

$57,000

2023

$969 (+4.8%)

$15,000 + $42,000

$57,000

2022

$925

$15,000 + $42,000

$57,000

2021

$924 (+7.4%)

$15,000 + $42,000

$57,000

2020

$861 (−3.6%)

$15,000 + $42,000

$57,000

2019

$893 (−5.1%)

$15,000 + $42,000

$57,000

2018

$941 (+2.9%)

$15,000 + $42,000

$57,000

2017

$914 (+3.7%)

$15,000 + $42,000

$57,000

2016

$882 (+12.5%)

$15,000 + $42,000

$57,000

2014

$784 (+14.0%)

$15,000 + $42,000

$57,000

2013

$688 (−2.2%)

$15,000 + $42,000

$57,000

2012

$703 (−2.7%)

$15,000 + $42,000

$57,000

2011

$723 (+13.6%)

$15,000 + $42,000

$57,000

2010

$636 (−16.5%)

$15,000 + $42,000

$57,000

2009

$762

$15,000 + $42,000

$57,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

143 ft.

Lot depth

29 ft.

Lot size

4,061 Sq. Ft.

Year renovated

—

Sq. Ft.

1,254

Year built

1888

Style

Single Family Residential

County

Salem County

APN

0500017 00001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

Property details

Parking

Parking Information
Other

Interior

Bedroom Information
# of Bedrooms On Main Level: 3

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

Interior Information
Living Area Sq.Ft. Source: Assessor

Basement Information
Basement: Yes
Unfinished

Exterior

Property Information
Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $42,000
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Construction Materials: Frame
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 142.50 x 0.00
Lot Dimensions Source: Assessor
Has Water View
Tidal Water: No

Land Information
Land Assessed Value: $15,000

Above Grade Information
Finished Sq.Ft.: 1,254
Finished Sq.Ft. Source: Assessor

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

Financial

Tax Information
Tax Assessed Value: $57,000
Tax Year: 2022
Tax Annual Amount: $924

Assessments Information
Year Assessed: 2022

Utilities

Utilities Information
Sewer Septic: Public Sewer
Water Source: Well

Location

School Information
Elementary School: LOWER ALLOWAYS CREEK
Middle Or Junior School: LOWER ALLOWAYS CREEK
School District Name: LOWER ALLOWAYS CREEK TOWN SCHOOLS
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
School District Source: 3rd Party

Location Information
Directions: Continue onto County Rd 551 S 4.9 mi Turn left onto NJ-49 E 3.1 mi Continue straight onto S Front St 0.3 mi Continue onto Grieves Pkwy 1.1 mi Turn right onto Yorke St 0.4 mi Continue onto Salem Hancocks Bridge Rd 3.3 mi Continue onto Locust Island Rd 466 ft Turn right onto New St 0.2 mi Turn right onto Main St
Municipality: LOWER ALLOWAYS CREEK

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,254
Stories: 2.0
Lot Size: 4,061 square feet
Style: Single Family Residential
Year Built: 1888
Year Renovated: —
County: Salem County
APN: 0500017 00001

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Lower Alloways Creek Elementary School

Public PreK-8 • Assigned • 4.0mi

5/10

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

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 101° expected this year, 16 days in 30 years

6/10 Wind Factor

45% chance of strong winds in next 30 years

2/10 Air Factor

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

Provided by First Street

Historical weather

Hancocks Bridge, NJ • 08038

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 9.1 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$235,000 – $285,000

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Home values near 7 Main St

Data from public records.

Address	Redfin Estimate
21 Main Street, Hancocks Bridge, NJ - Beds \| - Baths \| 1912 Sq. Ft.	$286,020
17 Main Street, Hancocks Bridge, NJ - Beds \| - Baths \| 1122 Sq. Ft.	$187,392

Address	Redfin Estimate
11 Main Street #13, Hancocks Bridge, NJ - Beds \| - Baths \| 1984 Sq. Ft.	$286,333
32 Main Street, Hancocks Bridge, NJ 1 Beds \| 1 Baths \| 980 Sq. Ft.	$230,630

Address	Redfin Estimate
15 Main Street, Hancocks Bridge, NJ - Beds \| - Baths \| 1559 Sq. Ft.	$272,153
28 Main Street, Hancocks Bridge, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$338,196

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08038, NJ

Sale history for 7 Main St

Tax history for 7 Main St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 7 Main St

More real estate resources