INVESTOR ALERT!! Here is a great opportunity to renovate a raised ranch home. Situated on nearly 3 acres acres of land, this property has potential to be a 2-3 bedroom home. Property being sold in as-is condition. Buyer is responsible for any township zoning/co requirements.
For sale
$125,000
48 Watsons Mill Rd, Elmer, NJ 08318
0beds
1,200sqft
Est.:
Single Family Residence
Built in 2005
2.82 Acres Lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
- 6 days |
- 3,723 |
- 290 |
Zillow last checked:
Listing updated:
Listed by:
Suzanne Shaheen 215-917-5555,
Real of Pennsylvania
Source: Bright MLS,MLS#: NJSA2018766
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Oil
Cooling
- Ductless, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Garage Access,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
Property
Parking
- Total spaces: 5
- Parking features: Basement, Storage, Oversized, Attached, Detached, Driveway, Off Street
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 2.82 Acres
Details
- Additional structures: Above Grade
- Parcel number: 010003900016
- Zoning: LOW RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet,Raised Ranch/Rambler,Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Combination
- Foundation: Other
- Roof: Unknown
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: On Site Septic
- Water: Private, Well
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Elmer
- Municipality: ALLOWAY TWP
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $88,600
- Annual tax amount: $3,213
- Date on market: 4/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $125,000-10.7%$104/sqft |
Source:  Bright MLS #NJSA2018766 Report a problem | ||
| 12/19/2025 | Sold | $140,000$117/sqft |
Source: Bright MLS #NJSA2017310 Report a problem | ||
| 12/12/2025 | Pending sale | $140,000$117/sqft |
Source: Bright MLS #NJSA2017310 Report a problem | ||
| 11/28/2025 | Listed for sale | $140,000$117/sqft |
Source: Bright MLS #NJSA2017310 Report a problem | ||
| 11/24/2025 | Pending sale | $140,000$117/sqft |
Source: Bright MLS #NJSA2017310 Report a problem | ||
| 11/23/2025 | Listed for sale | $140,000+229.4%$117/sqft |
Source: Bright MLS #NJSA2017310 Report a problem | ||
| 7/9/2025 | Sold | $42,500$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,089 | $88,600 |
| 2024 | $3,089 +6% | $88,600 |
| 2023 | $2,914 +5.6% | $88,600 |
| 2022 | $2,761 +0.5% | $88,600 |
| 2021 | $2,746 +1.8% | $88,600 |
| 2020 | $2,696 +1.6% | $88,600 |
| 2019 | $2,653 | $88,600 -18.9% |
| 2018 | $2,653 +44.9% | $109,300 +68.2% |
| 2017 | $1,830 +3.6% | $65,000 |
| 2016 | $1,767 +4.9% | $65,000 |
| 2015 | $1,685 +4.6% | $65,000 |
| 2014 | $1,611 +3.2% | $65,000 |
| 2012 | $1,562 -37.3% | $65,000 |
| 2011 | $2,492 +79.1% | $65,000 -34.7% |
| 2010 | $1,392 -31.4% | $99,600 +140% |
| 2009 | $2,029 | $41,500 -31.7% |
| 2008 | -- | $60,800 |
| 2007 | -- | $60,800 |
| 2006 | -- | $60,800 |
| 2005 | -- | $60,800 |
| 2004 | -- | $60,800 |
| 2003 | -- | $60,800 -14.1% |
| 2002 | -- | $70,800 -12.4% |
| 2001 | -- | $80,800 |
Find assessor info on the county website
Monthly payment
Est. payment
$917/mo
Principal & interest
$645
Property taxes
$272
More affordability tools
Climate risks
Neighborhood: 08318
Nearby schools
GreatSchools rating
- 6/10Alloway Twp SchoolGrades: PK-8Distance: 4.1 mi
Schools provided by the listing agent
- High: Woodstown H.s.
- District: Alloway Township Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Jersey
- Salem County
- Elmer
- 08318
- 48 Watsons Mill Rd
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