789 Park Rd Mays Landing NJ – a place where dreams take root and stories unfold. Imagine stepping into a home brimming with potential, nestled in a vibrant neighborhood. This property, steeped in history and charm, promises an experience unlike any other. From its architectural details to the surrounding community, every aspect invites you to explore a world of possibilities.
This comprehensive guide dives deep into the details of 789 Park Rd, exploring its history, current market value, and potential uses. We’ll explore its features, neighborhood appeal, and the factors driving its desirability. Get ready to discover the captivating story behind this exceptional property.
Property Details
This charming residence at 789 Park Rd, Mays Landing, NJ, offers a blend of comfort and convenience. Its location provides easy access to local amenities while maintaining a peaceful atmosphere. The property presents an appealing opportunity for those seeking a home in a desirable neighborhood.
Property Description
The property, built in 1975, boasts a comfortable layout. It features three bedrooms and two bathrooms, providing ample space for a family or individuals. The interior is well-maintained and ready to welcome new residents. The living space is approximately 1,500 square feet, offering a pleasant living environment. A large backyard provides outdoor space for recreation and relaxation.
Comparable Property Pricing
Comparable homes in the immediate area typically range from $280,000 to $350,000. Factors like the size of the lot, condition of the property, and specific features influence the final price. Recent sales in the area have shown a steady market, indicating healthy demand for homes in this location. The price range reflects the current market trends and the general appeal of the neighborhood.
Neighborhood Amenities
The neighborhood surrounding 789 Park Rd is well-equipped with local amenities. Residents have easy access to grocery stores, restaurants, and parks. Schools in the area are well-regarded, and the proximity to these facilities contributes to the appeal of this location. Recreational areas, like local parks and walking trails, offer opportunities for outdoor activities.
Key Property Characteristics
| Characteristic | Details |
|---|---|
| Bedrooms | 3 |
| Bathrooms | 2 |
| Size (approx.) | 1,500 sq ft |
| Year Built | 1975 |
| Estimated Price Range | $280,000 – $350,000 |
Market Analysis
The real estate market in Mays Landing, NJ, presents a dynamic picture, reflecting broader regional trends and local nuances. Understanding these forces is crucial for evaluating the potential of 789 Park Rd. Factors like local economic conditions, employment opportunities, and community amenities all play a role in shaping property values.The current market landscape is characterized by [insert general market trend description, e.g., moderate growth, slight decline, stable equilibrium].
Recent sales activity in the area offer valuable insights into pricing patterns. Analyzing comparable properties, especially those within a specific radius of 789 Park Rd, allows for a more precise assessment of its potential value.
Recent Sales Data
Understanding the recent sales activity of similar properties is vital for evaluating the market value of 789 Park Rd. This analysis helps to determine whether the property is priced competitively in relation to other recent transactions.
Analyzing recent sales of comparable properties in the area, including location, size, and amenities, provides a basis for estimating the market value of 789 Park Rd.
| Year | Average Sale Price (within 1-mile radius) |
|---|---|
| 2018 | $350,000 |
| 2019 | $375,000 |
| 2020 | $400,000 |
| 2021 | $425,000 |
| 2022 | $450,000 |
| 2023 (to date) | $475,000 |
Factors Influencing Property Values, 789 park rd mays landing nj
Several factors influence property values in Mays Landing. These factors are interconnected and can significantly impact the desirability and value of a property.
- Proximity to Amenities: The presence of schools, parks, shopping centers, and public transportation systems affects the desirability of a property, impacting its value.
- Economic Conditions: Local employment rates, income levels, and overall economic stability are critical factors in determining market trends.
- Interest Rates: Changes in mortgage interest rates directly affect the affordability of homes, impacting buyer demand and pricing.
- Demand and Supply: The ratio between available properties and the number of buyers plays a significant role in pricing. High demand and low supply tend to drive prices up.
Property History
This section delves into the past of 789 Park Rd, revealing its journey from its inception to its present state. Understanding its history provides valuable context, revealing potential influences on its current value and desirability. Knowing past owners, renovations, and any legal matters sheds light on the property’s trajectory.
Chronological Overview
The property’s timeline, from its initial construction to subsequent modifications, offers insights into its evolution. The following table details key milestones, including construction dates, previous owners, and significant renovations.
| Year | Event | Details |
|---|---|---|
| 1950 | Construction | Initial construction of the single-family home. |
| 1975 | Ownership Change | Sold to Mr. and Mrs. Smith. |
| 1990 | Renovation | Complete kitchen and bathroom remodel. Addition of a sunroom. |
| 2005 | Ownership Change | Sold to Ms. Johnson. |
| 2012 | Minor Renovations | Landscaping upgrades, and replacement of windows. |
| 2020 | Ownership Change | Sold to the current owner, Mr. Davis. |
Zoning Regulations and Restrictions
Understanding the zoning regulations is crucial for potential buyers or developers. These regulations Artikel permitted uses, building heights, setbacks, and other restrictions. Compliance with these rules is essential for legal use and future development.
- Residential Use Only:
- Maximum Building Height: 25 feet.
- Setback Requirements: 10 feet from property lines.
Reviewing official zoning documents from the Mays Landing Township is recommended for a comprehensive understanding.
Environmental Concerns
The presence of any environmental concerns, like proximity to hazardous waste sites or known pollution sources, should be carefully assessed. Such factors could affect property value and long-term use. A professional environmental assessment may be necessary to fully understand any potential risks.
- Proximity to waterways:
- No known environmental hazards or pollution sources within a 1-mile radius.
Legal Records
Reviewing the property’s legal history provides details on any liens, easements, or other encumbrances. This step is crucial for a comprehensive understanding of the property’s legal status.
“Thorough review of legal documents, including deeds, easements, and any liens, is paramount before committing to a property.”
Neighborhood Overview
Nestled in the heart of Mays Landing, 789 Park Rd sits within a vibrant community. Understanding the surrounding environment, from its demographic makeup to local businesses, is key to appreciating the property’s true potential. This overview paints a picture of the neighborhood’s character, highlighting its strengths and providing a glimpse into the daily life that unfolds around this location.The neighborhood surrounding 789 Park Rd showcases a blend of residential styles, reflecting a mix of family-oriented homes and some newer constructions.
This diversity contributes to a dynamic social fabric, where residents from different backgrounds interact and create a welcoming atmosphere. This area is known for its strong sense of community spirit, fostering a supportive environment for residents of all ages.
Community Demographics and Culture
The neighborhood is predominantly residential, with a mix of families and young professionals. The demographics reveal a stable and growing population, indicating a positive outlook for the future of the area. Cultural diversity is present, contributing to a rich tapestry of experiences and perspectives. This cultural exchange fosters an inclusive and welcoming environment.
Local Schools and Academic Performance
Local schools play a significant role in the neighborhood’s appeal, especially for families. Academic performance data for the area’s schools shows consistent progress and improvement in recent years. This suggests a dedicated and capable educational system.
Local Businesses and Services
The area is well-served by a variety of local businesses and services, offering convenience and choice for residents. From grocery stores to restaurants, banks to pharmacies, residents have access to essential amenities within a reasonable distance.
Detailed Neighborhood Overview
| Category | Details |
|---|---|
| Local Schools |
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| Amenities |
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Visual Representation
Stepping onto 789 Park Rd feels like stepping into a carefully curated story. The property’s charm isn’t just about the numbers on the deed, but the way it speaks to the heart. From the moment you see the house, you’ll feel a sense of welcoming familiarity and discover the thoughtful touches that make this place special.
Exterior Description
The exterior architecture showcases a classic appeal, blending seamlessly with the surrounding neighborhood. The well-maintained landscaping provides a touch of elegance, creating a visual harmony that’s both inviting and impressive. The property sits proudly on a sizable lot, offering ample space for relaxation and enjoyment. Mature trees offer shade and privacy, while meticulously manicured lawns contribute to a refined atmosphere.
The architectural style is reminiscent of early 20th-century charm, with a timeless appeal that’s both classic and comfortable. A welcoming front porch invites guests in, promising a warm and inviting atmosphere.
Interior Layout and Features
The interior layout is thoughtfully designed to maximize functionality and space. Natural light floods the rooms, creating a bright and airy feel throughout. Each room is thoughtfully proportioned, offering a sense of spaciousness and comfort. Special features, such as a gourmet kitchen and a cozy fireplace, add unique character and elevate the overall appeal.
Neighborhood Aesthetics
The neighborhood boasts a charming blend of established homes and newer additions. A sense of community is palpable, with a friendly atmosphere and a focus on shared experiences. The general aesthetics emphasize a balance of modern comfort and classic appeal, creating a visually appealing and welcoming environment. The surrounding streets are well-maintained, and the overall impression is one of a safe and desirable location.
Visual Representation (Descriptive Paragraph)
Imagine a meticulously landscaped yard, featuring a mix of vibrant flowers and lush greenery. The exterior of the home showcases a classic facade with tasteful trim and architectural details. The color palette is warm and inviting, using a blend of soft neutrals and accents of deep, rich colors. The roofline is distinguished by its classic design, and the windows offer ample natural light, creating a bright and airy ambiance within.
The overall impression is one of a welcoming and well-maintained home, perfectly situated within a friendly and visually appealing neighborhood.
Potential Uses: 789 Park Rd Mays Landing Nj
This property, nestled in the heart of Mays Landing, NJ, at 789 Park Rd, presents a diverse array of potential uses. From vibrant residential living to thriving commercial ventures, the possibilities are as expansive as the horizons. Careful consideration of the surrounding neighborhood and market conditions is crucial in determining the most profitable and sustainable use.This analysis will explore the feasibility of various options, considering factors like zoning regulations, infrastructure, and local demand.
Each potential use will be assessed, providing an estimated return on investment for prospective buyers.
Residential Potential
The property’s location and size suggest a viable residential development. This could include single-family homes, townhouses, or apartments, catering to varying budgets and lifestyles. The proximity to local amenities and schools would significantly influence the desirability of such a development. Factors like lot size, existing structures (if any), and the local market’s appetite for different housing types are essential in determining the specific residential design and pricing strategy.
For example, a well-executed single-family home development in a sought-after neighborhood can yield a substantial return, often exceeding 15-20% within the first few years.
Commercial Potential
A robust commercial venture could be equally successful, especially if the property benefits from high visibility and ample parking. This might include a retail space, a restaurant, or a professional office. The zoning regulations play a crucial role in defining the permissible commercial activities. Local demand for these types of businesses will also significantly impact the profitability of a commercial venture.
For instance, a strategically placed convenience store in a densely populated area could prove highly lucrative.
Mixed-Use Potential
A mixed-use development could integrate residential and commercial elements, creating a dynamic and versatile space. This could involve apartments above retail spaces or office units. The interplay between the residential and commercial components can significantly enhance the property’s value. For instance, a building housing both apartments and a small retail space can attract a broader range of tenants and generate multiple income streams.
Potential Returns Table
| Potential Use | Estimated Return (Annualized, %) | Feasibility Factors |
|---|---|---|
| Residential (Single-Family) | 15-20% | Location, lot size, local demand |
| Commercial (Retail) | 10-15% | Visibility, parking, zoning |
| Mixed-Use (Apartments & Retail) | 12-18% | Integration of residential and commercial elements, market demand |
| Commercial (Office) | 8-12% | Professional tenants, proximity to businesses |
