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Sold for $365,000
  • $365,000

    225 Malaga Park Dr, Malaga, NJ 08328

    3beds
    1,392sqft
    Single Family Residence
    Built in 2004
    0.59 Acres Lot
    $391,300 Zestimate®
    $262/sqft
    $2,577 Estimated rent

    Home value

    $391,300

    $352,000 - $434,000

    $2,577/mo

    Zestimate® history
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    What's special

    Recently rehabbed and ready for new owners, this charming 3-bedroom, 2-bathroom home offers an opportunity to live on the water, with majestic Malaga Lake right in your backyard. Inside, you will find a thoughtful floor plan, a large living area, new flooring, and all new appliances. The modern kitchen is fully equipped with granite countertops, ample cabinetry, and stainless steel appliances, ideal for preparing meals while enjoying the view. The main bedroom has its own en-suite bathroom featuring a brand new whirlpool style tub. Two additional well-sized bedrooms provide comfort and versatility, perfect for family members, guests, or even a home office. A second full bathroom ensures convenience for everyone. The unfinished basement offers incredible potential for transformation, with large windows framing a lake view with natural light flooding the space . The generous 9-foot ceilings provide ample headroom, creating an open and airy feel that is rare for basements. With these key features, this space is primed to become a bright and inviting living area, home office, or entertainment room—whatever your vision may be. The large windows and picturesque lake backdrop set the stage for creating a truly exceptional, multi-functional space that seamlessly blends with the beauty of the outdoors. Outside, the backyard is a nature lover’s paradise, ideal for enjoying morning coffee or evening sunsets overlooking the lake. Whether you enjoy kayaking, birdwatching, or simply unwinding by the water, this home offers a unique opportunity to embrace the beauty of lakeside living. Conveniently located near Routes 55, 40, and 47 yet tucked away in a peaceful setting, this home provides the perfect balance of comfort, style, and nature.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Bailey 856-430-1381,

    Excel Realty & Property Management,

    Co-Listing Agent: Nicholas A Jacoby 609-214-4726,

    Excel Realty & Property Management

    Bought with:

    Laura Tucker, 0560961

    Weichert Realtors-Turnersville

    Source: Bright MLS,MLS#: NJGL2052194MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
    Bedroom 1
    • Features: Walk-In Closet(s)
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 2
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Bedroom 3
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bathroom 1
    • Level: Main
    • Area: 54 Square Feet
    • Dimensions: 9 x 6
    Bathroom 2
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 12 x 7
    Dining room
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12 x 9
    Laundry
    • Level: Main
    Living room
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15 x 12
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Hookup, Laundry Room
    Features
    • Flooring: Carpet, Luxury Vinyl
    • Basement: Unfinished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,392
    • Total interior livable area: 1,392 sqft
    • Finished area above ground: 1,392
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Asphalt, Driveway
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Boat - Electric Motor Only, Canoe/Kayak, Fishing Allowed, Lake
    • Body of water: Malaga Lake
    • Frontage length: Road Frontage: 100,Water Frontage Ft: 100
    Lot
    • Size: 0.59 Acres
    • Dimensions: 100 x 250
    • Features: Backs to Trees, Fishing Available, Front Yard, Irregular Lot, Not In Development, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 050490400010
    • Zoning: HCMV
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 2004
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: On Site Septic
    • Water: Well
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Malaga
    • Municipality: FRANKLIN TWP

    Financial & listing details

    • Price per square foot: $262/sqft
    • Tax assessed value: $204,500
    • Annual tax amount: $7,842
    • Date on market: 1/23/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,FHA,VA Loan,Cash,Other
    • Inclusions: As Shown With All Existing Appliances
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/8/2025Sold$365,000-5.2%$262/sqft
    Source: Bright MLS #NJGL2052194 Report a problem
    3/6/2025Pending sale$385,000$277/sqft
    Source: Bright MLS #NJGL2052194 Report a problem
    1/23/2025Price change$385,000-3.5%$277/sqft
    Source: Bright MLS #NJGL2052194 Report a problem
    1/20/2025Price change$398,9990%$287/sqft
    Source: Owner Report a problem
    12/22/2024Listed for sale$399,000+107.3%$287/sqft
    Source: Owner Report a problem
    9/24/2024Sold$192,500+552.5%$138/sqft
    Source: Public Record Report a problem
    3/19/2004Sold$29,500+150%$21/sqft
    Source: Public Record Report a problem
    9/10/1998Sold$11,800$8/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,468 $204,500
    2024$7,468 -2.5%$204,500
    2023$7,659 +2.7%$204,500
    2022$7,454 +1.7%$204,500
    2021$7,331 +2.7%$204,500
    2020$7,141 +1.5%$204,500
    2019$7,037 $204,500
    2018$7,037 +2.3%$204,500
    2017$6,881 +4.2%$204,500
    2016$6,601 +4%$204,500
    2015$6,346 +2.6%$204,500
    2014$6,186 +19.1%$204,500
    2013$5,195 +0.2%$204,500 +75.4%
    2012$5,185 +2%$116,600
    2011$5,081 +2.8%$116,600
    2010$4,942 +1.4%$116,600
    2009$4,875 $116,600
    2008-- $116,600
    2007-- $116,600
    2006-- $116,600
    2005-- $116,600
    Find assessor info on the county website

    Neighborhood: 08328

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Franklin 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.

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