5 months on rocket

550 Central Ave Unit C-7, Linwood, NJ, 08221

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
2 Full Baths
977 SqFt
$281/SqFt
Condo

Location

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550 Central Ave Unit C-7, Linwood$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommon, None
Year Built1990
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #22418382
Lot Size0.02 Acres
StatusActive

About 550 Central Ave Unit C-7

Welcome to Unit C-7 at the Village of Linwood. This 2nd floor unit has 2 balconies, 2 bedrooms, and 2 bathrooms. Close to AC, Ventnor,Margate, and Ocean City, with easy access to Central Square, shops, and restaurants. Experience the convenience and charm of thisexceptional community.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper Level
  • Year Built: 1990
  • Stories: 1
  • Living Area: 977 SqFt

Listing Office:

  • Office Name: Weichert Realtors-Brick
  • Listing Agent: Thomas B Donovan

Interior Features

Interior Information:

  • Appliances: Washer, Dryer, Stove, Refrigerator
  • Basement: No
  • Interior: Balcony, Sliding Door

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Common, None

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $281/SqFt

HOA Fees:

  • Amount: $442
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Linwood, NJ.

Med. Sold Price

$434.4K

Med. Price/SqFt

$252

Avg. Days On Market

67

# of Sold Homes

11

550 Central Ave Unit C-7 vs Linwood

172 DAYS ON ROCKET

+105 Days

$275,000

-$159.4K Less

$281/SqFt

+$29 More

KEY TAKEAWAY

This property is $159.4K less than the Median Sold Price and $29/SqFt more than other homes in Linwood, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22418382

Listing Office:

  • Office Name: Weichert Realtors-Brick
  • Listing Agent: Thomas B Donovan

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,882

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4334751
5
/10
  • Northfield Community Elementary School

  • 2000 New Rd

  • 0.69 miles

  • Public District Grades PK-4

school-card-donut-4334752
6
/10
  • Seaview Elementary School

  • 2013 Wabash Ave

  • 1.91 miles

  • Public District Grades PK-4

school-card-donut-4334753
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 2.70 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,432. Most Linwood, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Central Ave Unit C-7

What is the listing price of this property?

The listing price of 550 Central Ave Unit C-7 property is $275,000.

What type of property is this?

The property 550 Central Ave Unit C-7 is a condo located in Linwood, New Jersey, 08221.

Is this property for sale now?

Active Listing: 550 Central Ave Unit C-7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 550 Central Ave Unit C-7 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 Central Ave Unit C-7 is 977 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Central Ave Unit C-7 is 1990.

Rocket HomesNew JerseyAtlantic CountyLinwood08221550 Central Ave Unit C-7

This home is located at 550 Central Ave Unit C-7 in Linwood, NJ and zip code 08221. This 977 square foot home, which was built in 1990, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $275,000.

In November 2024 more than 2 listings in Linwood, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Linwood, NJ between October 2024 and November 2024 decreased by 24%. While the average time on the market in November 2024 was 67 days, the median list price was $434,450.

From Rocket Homes Real Estate and based on county public records data.

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