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Prices for Gloucester City Homes Increasing; But, Over 700 Properties with Liens Or In Foreclosure

 
 
 
 
William E. Cleary Sr.| CNBNews
 
 
(June 10, 2021)--CNBNewsnet has been watching the real estate market in Gloucester City and has noticed the prices of homes in the community are increasing.  One home in the Riverview Heights section of the city received 14 bids from interested buyers before selling it for more money than they were asking for it.
 
 
There are 64 residential properties listed ranging from a low of $39,900 for the three-bedroom home at 110 N Sussex St. to a high of $250,000 for the six-bedroom home at 222 Monmouth Street. Looking through the list of residential properties we noticed rowhomes are now being called townhouses and condos. 
 
We found 20 commercial properties listed. The prices range from a low of $175,000 for the defunct Train Station Restaurant,  Monmouth, and the Railroad to a high of $2.8 million for the former GAF site on Water Street.  The Train Station has been up for sale for several years. When it was first listed the asking price was near $500,000.
 
Screen Shot 2021-06-09 at 15.8.09
 
 
 
We were surprised to find the old Gloucester Catholic boys building, also known as the Rams Annex, 1 South Burlington Street was listed in the commercial properties for sale; the asking price $450,000. Five years ago St. Mary's parish, the previous owner, sold it for about the same amount to WEBO, LLC, located in Philadelphia. The new owners are Rich Lauletta and Paul Margaritis. "WEBO is our best acronym for West of Broadway which is our area of focus in Gloucester City," said Lauletta. 
 
 
Asked about their plans for the building Lauletta said, "We have a few different ideas for the school, but I assure you they all include keeping and preserving that amazing building", he said. Lauletta said he and his partner are investing in Gloucester City because "We see big potential for the city! It's a walkable close-knit community that is very undervalued right now. We see it turning into more of a ‘Collingswood’ type area or even Philly’s version of a Hoboken."   
 
Lauletta was contacted earlier this week and he said the reason the old school was being sold was since commercial properties are not selling in Gloucester City.
 
"It’s currently very hard to attract new businesses to town.  Our residential properties are doing great, but we didn’t get the commercial demand or support we needed to start development on that building. Hopefully, the town will continue to see housing increase in quality and quantity, and in the near future it’s easier to attract new businesses to town."
 
Related: 
 
 
To our astonishment, there are 718 properties in foreclosure or have tax liens filed against them.
 
 
20 COMMERCIAL PROPERTIES LISTED
 
Screen Shot 2021-06-04 at 20.13.50
 
Screen Shot 2021-06-04 at 19.44.26 Screen Shot 2021-06-04 at 19.44.06 Screen Shot 2021-06-04 at 19.43.48
 
 
Screen Shot 2021-06-05 at 10.28.10410 Eight Street, $950,000
 
 
 
 
 
64 HOMES FOR SALE


 
 
608 Division St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$110,000
Bd 1 Ba 1,200 Sqft $92/Sqft
608 Division St, Gloucester City, NJ 08030
New 18 Hours
1 E Thompson Ave, Gloucester City, NJ 08030
 Multi-Family Home For Sale
$165,000
— Bd — Ba 1,792 Sqft $92/Sqft
1 E Thompson Ave, Gloucester City, NJ 08030
New 18 Hours
154 S Broadway, Gloucester City, NJ 08030
 Multi-Family Home For Sale
$200,000
— Bd — Ba 2,754 Sqft $73/Sqft
154 S Broadway, Gloucester City, NJ 08030
New 18 Hours
174 S Burlington St, Gloucester City, NJ 08030
 House For Sale
$110,000
Bd 1 Ba 1,636 Sqft $67/Sqft
174 S Burlington St, Gloucester City, NJ 08030
New 32 Hours
1407 Baetzel Ave, Gloucester City, NJ 08030
 House For Sale
$150,000
Bd 1 Ba 1,026 Sqft $146/Sqft
1407 Baetzel Ave, Gloucester City, NJ 08030
New 3 Days Open 6/05
10 
423 Hunter St, Gloucester City, NJ 08030
 House For Sale
$153,900
Bd 1 Ba 1,454 Sqft $106/Sqft
423 Hunter St, Gloucester City, NJ 08030
New 3 Days
42 
610 Division St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$150,000
Bd 1 Ba 1,200 Sqft $125/Sqft
610 Division St, Gloucester City, NJ 08030
New 6 Days
43 
438 Somerset St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$162,000
Bd 2 Ba 1,132 Sqft $143/Sqft
438 Somerset St, Gloucester City, NJ 08030
New 7 Days Open 6/05
16 
222 Monmouth St, Gloucester City, NJ 08030
 House For Sale
$250,000
Bd 2 Ba 2,844 Sqft $88/Sqft
222 Monmouth St, Gloucester City, NJ 08030
New 7 Days
20 
405 Jersey Ave, Gloucester City, NJ 08030
 Condo/Townhouse For Sale $139,900$5K
$135,000
Bd 1 Ba 1,288 Sqft $105/Sqft
405 Jersey Ave, Gloucester City, NJ 08030
11 Days Open 6/06
29 
220 N King St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$140,000
Bd 2 Ba 1,456 Sqft $96/Sqft
220 N King St, Gloucester City, NJ 08030
16 Days
11 
218-220 S Broadway, Gloucester City, NJ 08030
 Multi-Family Home For Sale
$425,000
— Bd — Ba 4,240 Sqft $100/Sqft
218-220 S Broadway, Gloucester City, NJ 08030
19 Days
24 
128 Hickman Ave, Gloucester City, NJ 08030
 House For Sale
$135,000
Bd 1 Ba 1,034 Sqft $131/Sqft
128 Hickman Ave, Gloucester City, NJ 08030
21 Days
875 Powell St, Gloucester City, NJ 08030
 Multi-Family Home For Sale
$189,900
— Bd — Ba 1,888 Sqft $101/Sqft
875 Powell St, Gloucester City, NJ 08030
21 Days
44 
322 Jersey Ave, Gloucester City, NJ 08030
 House For Sale
$150,000
Bd 1 Ba 1,564 Sqft $96/Sqft
322 Jersey Ave, Gloucester City, NJ 08030
37 Days
0 Cherry St, Gloucester City, NJ 08030
 Lot/Land For Sale
$62,500
0.28 Acre $223K/Acre
0 Cherry St, Gloucester City, NJ 08030
45 Days
228 3rd St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$109,900
Bd 2 Ba 1,128 Sqft $97/Sqft
228 3rd St, Gloucester City, NJ 08030
48 Days
821 Paul St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$99,900
Bd 1 Ba 1,040 Sqft $96/Sqft
821 Paul St, Gloucester City, NJ 08030
54 Days
23 
235 Essex St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale
$89,000
Bd 1 Ba 816 Sqft $109/Sqft
235 Essex St, Gloucester City, NJ 08030
83 Days
309 Somerset St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale $129,000$5K
$123,900
Bd 2 Ba 1,372 Sqft $90/Sqft
309 Somerset St, Gloucester City, NJ 08030
101 Days
12 
306 Market St, Gloucester City, NJ 08030
 House For Sale
$119,900
Bd 1 Ba 1,440 Sqft $83/Sqft
306 Market St, Gloucester City, NJ 08030
102 Days
11 
129 Atlantic St, Gloucester City, NJ 08030
 Lot/Land For Sale $32,500$3K
$29,990
0.08 Acre $375K/Acre
129 Atlantic St, Gloucester City, NJ 08030
108 Days
17 
427 429 Ridgeway St, Gloucester City, NJ 08030
 Lot/Land For Sale $32,500$3K
$29,990
0.06 Acre $500K/Acre
427 429 Ridgeway St, Gloucester City, NJ 08030
108 Days
10 
920 Bergen St, Gloucester City, NJ 08030
 House For Sale $162,000$10K
$152,000
Bd 1 Ba 1,152 Sqft $132/Sqft
920 Bergen St, Gloucester City, NJ 08030
116 Days 3D Tour
15 
929 Hudson St, Gloucester City, NJ 08030
 House For Sale
$209,500
Bd 1 Ba 1,399 Sqft $150/Sqft
929 Hudson St, Gloucester City, NJ 08030
122 Days
526 Ridgeway St, Gloucester City, NJ 08030
 Condo/Townhouse For Sale $149,900$10K
$139,900
Bd 3 Ba 1,195 Sqft $117/Sqft
526 Ridgeway St, Gloucester City, NJ 08030
139 Days
10 
830 Little Somerset St, Gloucester City, NJ 08030
 House For Sale
$125,000
Bd 1 Ba 1,344 Sqft $93/Sqft
830 Little Somerset St, Gloucester City, NJ 08030
231 Days
10 
446 Chambers Ave, Gloucester City, NJ 08030
 Condo/Townhouse For Sale $105,900$14K
$119,900
Bd 2 Ba 1,120 Sqft $107/Sqft
446 Chambers Ave, Gloucester City, NJ 08030
280 Days
 
221 Ridgeway St, Gloucester City, NJ 08030
 Lot/Land For Sale
$15,000
0.06 Acre $250K/Acre
221 Ridgeway St, Gloucester City, NJ 08030
576 Days
44 Champion Rd, Gloucester City, NJ 08030
 Multi-Family Home For Sale $111,000$16K
$95,000
— Bd — Ba
44 Champion Rd, Gloucester City, NJ 08030
1057 Days
18 
19 Cornell Ave, Gloucester City, NJ 08030
 House Under Contract
$179,900
Bd 2 Ba 1,228 Sqft $146/Sqft
19 Cornell Ave, Gloucester City, NJ 08030
New 7 Days
22 
61 Princeton Ave, Gloucester City, NJ 08030
 House Under Contract
$165,000
Bd 2 Ba 1,196 Sqft $138/Sqft
61 Princeton Ave, Gloucester City, NJ 08030
 Active Under Contract
28 
334 Ridgeway St, Gloucester City, NJ 08030
 House Under Contract
$150,000
Bd 2 Ba 1,440 Sqft $104/Sqft
334 Ridgeway St, Gloucester City, NJ 08030
 Pending
26 
339 Hudson St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$110,000
Bd 2 Ba 1,040 Sqft $106/Sqft
339 Hudson St, Gloucester City, NJ 08030
 Pending
14 
934 Hudson St, Gloucester City, NJ 08030
 House Under Contract
$175,000
Bd 1 Ba 1,554 Sqft $113/Sqft
934 Hudson St, Gloucester City, NJ 08030
 Pending
24 
322 Bergen St, Gloucester City, NJ 08030
 House Under Contract
$95,000
Bd 2 Ba 1,600 Sqft $59/Sqft
322 Bergen St, Gloucester City, NJ 08030
 Pending
4 Goldy Dr, Gloucester City, NJ 08030
 House Under Contract
$264,900
Bd 2 Ba 1,515 Sqft $175/Sqft
4 Goldy Dr, Gloucester City, NJ 08030
 Pending
42 
134 N King St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$84,900
Bd 2 Ba 1,664 Sqft $51/Sqft
134 N King St, Gloucester City, NJ 08030
 Pending
714 Market St, Gloucester City, NJ 08030
 House Under Contract
$134,900
Bd 1 Ba 1,536 Sqft $88/Sqft
714 Market St, Gloucester City, NJ 08030
 Pending
87 
128 Koehler St, Gloucester City, NJ 08030
 House Under Contract
$150,000
Bd 1 Ba 1,200 Sqft $125/Sqft
128 Koehler St, Gloucester City, NJ 08030
 Pending
25 
954 Somerset St, Gloucester City, NJ 08030
 House Under Contract
$205,000
Bd 2 Ba 1,120 Sqft $183/Sqft
954 Somerset St, Gloucester City, NJ 08030
 Pending
34 
44 Princeton Ave, Gloucester City, NJ 08030
 House Under Contract
$170,000
Bd 2 Ba 1,328 Sqft $128/Sqft
44 Princeton Ave, Gloucester City, NJ 08030
 Pending
36 
513 Cumberland St, Gloucester City, NJ 08030
 House Under Contract
$184,900
Bd 2 Ba 1,713 Sqft $108/Sqft
513 Cumberland St, Gloucester City, NJ 08030
 Pending
24 
408 Hudson St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$100,000
Bd 1 Ba 1,224 Sqft $82/Sqft
408 Hudson St, Gloucester City, NJ 08030
 Pending
13 
337 Hudson St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$110,000
Bd 1 Ba 1,160 Sqft $95/Sqft
337 Hudson St, Gloucester City, NJ 08030
 Pending
111 Westminster St, Gloucester City, NJ 08030
 House Under Contract
$135,000
Bd 2 Ba 1,280 Sqft $105/Sqft
111 Westminster St, Gloucester City, NJ 08030
 Active Under Contract
30 
300 Morris St, Gloucester City, NJ 08030
 House Under Contract
$125,000
Bd 1 Ba 904 Sqft $138/Sqft
300 Morris St, Gloucester City, NJ 08030
 Pending
22 
605 Powell St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$132,500
Bd 1 Ba 1,088 Sqft $122/Sqft
605 Powell St, Gloucester City, NJ 08030
 Pending
26 
126 S Sussex St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract $123,000$11K
$112,000
Bd 2 Ba 1,087 Sqft $103/Sqft
126 S Sussex St, Gloucester City, NJ 08030
 Pending
21 
8 N Stinson Ave, Gloucester City, NJ 08030
 House Under Contract $180,000$5K
$185,000
Bd 1 Ba 1,340 Sqft $138/Sqft
8 N Stinson Ave, Gloucester City, NJ 08030
 
51 - 64 of 64 Homes
926 Somerset St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$155,000
Bd 2 Ba 1,310 Sqft $118/Sqft
926 Somerset St, Gloucester City, NJ 08030
 Pending
27 
918 Essex St, Gloucester City, NJ 08030
 House Under Contract
$220,000
Bd 1 Ba 1,684 Sqft $131/Sqft
918 Essex St, Gloucester City, NJ 08030
 Pending
36 
238 N Broadway, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract
$189,000
Bd 2 Ba 1,920 Sqft $98/Sqft
238 N Broadway, Gloucester City, NJ 08030
 Pending
25 
633 Division St, Gloucester City, NJ 08030
 Condo/Townhouse Under Contract $165,000$2K
$163,000
Bd 1 Ba 1,188 Sqft $137/Sqft
633 Division St, Gloucester City, NJ 08030
 Pending
27 
326 S Broadway, Gloucester City, NJ 08030
 House Under Contract
$144,999
Bd 1 Ba 1,152 Sqft $126/Sqft
326 S Broadway, Gloucester City, NJ 08030
 Pending
10 
920 Ridgeway St, Gloucester City, NJ 08030
 House Under Contract
$119,000
Bd 1 Ba 765 Sqft $156/Sqft
920 Ridgeway St, Gloucester City, NJ 08030
 Pending
512 Sherwood Ave, Gloucester City, NJ 08030
 House Under Contract
$189,000
Bd 2 Ba 1,330 Sqft $142/Sqft
512 Sherwood Ave, Gloucester City, NJ 08030
 Pending
32 
1417 Chestnut Ave, Gloucester City, NJ 08030
 House Under Contract
$229,900
Bd 2 Ba 1,708 Sqft $135/Sqft
1417 Chestnut Ave, Gloucester City, NJ 08030
 Pending
50 
539 Monmouth St, Gloucester City, NJ 08030
 House Under Contract
$156,900
Bd 1 Ba 1,734 Sqft $90/Sqft
539 Monmouth St, Gloucester City, NJ 08030
 Pending
28 
407 Hudson St, Gloucester City, NJ 08030
 House Under Contract
$125,000
Bd 2 Ba 1,700 Sqft $74/Sqft
407 Hudson St, Gloucester City, NJ 08030
 Active Under Contract
24 
110 N Sussex St, Gloucester City, NJ 08030
 House Under Contract
$39,900
Bd 1 Ba 930 Sqft $43/Sqft
110 N Sussex St, Gloucester City, NJ 08030
 Pending
935 Paul St, Gloucester City, NJ 08030
 House Under Contract $110,000$5K
$105,000
Bd 2 Ba 1,308 Sqft $80/Sqft
935 Paul St, Gloucester City, NJ 08030
 Pending
14 
139 Barnaby Ave, Gloucester City, NJ 08030
 House Under Contract $134,900$11K
$123,900
Bd 1 Ba 1,227 Sqft $101/Sqft
139 Barnaby Ave, Gloucester City, NJ 08030
 Pending
25 
901 Ridgeway St, Gloucester City, NJ 08030
 House Under Contract $59,900$20K
$79,900
Bd 2 Ba 1,232 Sqft $65/Sqft
901 Ridgeway St, Gloucester City, NJ 08030
 
Screen Shot 2021-06-09 at 15.1.10
++++++++++++++++++++++++++++++++++++++++++++++++
 

718 Foreclosure/TAX LIENS Homes in 08030

 
N-king-st-Gloucester-NJ-08030
 PREFORECLOSURE NEW
 

N King St
Gloucester, NJ 08030

N-brown-st-Gloucester-city-NJ-08030
 PREFORECLOSURE NEW
$115,345 EMV

N Brown St
Gloucester City, NJ 08030

Bergen-st-Gloucester-NJ-08030
 PREFORECLOSURE NEW
 

Bergen St
Gloucester, NJ 08030

S-king-st-Gloucester-city-NJ-08030
 TAX LIEN NEW
$194,480 EMV

S King St
Gloucester City, NJ 08030

Orlando-ave-Gloucester-city-NJ-08030
 TAX LIEN NEW
 

Orlando Ave
Gloucester City, NJ 08030

Klemm-ave-Gloucester-city-NJ-08030
 TAX LIEN NEW
$229,160 EMV

Klemm Ave
Gloucester City, NJ 08030

Monmouth-st-Gloucester-city-NJ-08030
 TAX LIEN NEW
 

Monmouth St
Gloucester City, NJ 08030

Green-acres-ln-Gloucester-city-NJ-08030
 TAX LIEN NEW
$207,570 EMV

Green Acres Ln
Gloucester City, NJ 08030

Monmouth-st-Gloucester-city-NJ-08030
 TAX LIEN NEW
$125,120 EMV

Monmouth St
Gloucester City, NJ 08030

 
 

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