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82 New Rd, Malaga, NJ, 08328

3beds
1baths
1,007sqft
$275,000
$273price/sqft
$2,263/moest. monthly cost
$90,520/yrincome needed

About This Home

Investor Special – 1 Acre Development Opportunity! 3-bedroom, 1-bath property situated on an expansive 1-acre lot in the desirable Malaga section of Franklin Township. Property requires a complete renovation and is being sold strictly as-is. Vacant and ready for immediate access. Tremendous opportunity for investors, builders, or end-users looking to renovate, expand, or redevelop. Endless potential—bring your vision and capitalize on this rare offering.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
5/10
4/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Permanent
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area above ground: 1,007

Heating & Cooling

  • Heating features: None
  • Cooling features: Other

Interior Area

  • Total structure area: 1,007
  • Total interior livable area: 1,007 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 050473200026
  • Zoning: MV
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Drought
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$130$1,560
Property Taxes $550$6,600
Electricity $193$2,318
Total$2,263$27,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,588/yr
40% on housing$67,890/yr
45% on housing$60,346/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 08328$80
Gloucester County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 08328$291
Gloucester County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$295,000
2026-04-02Listed for sale$310,000
2024-11-22Sold$126,000
2024-11-12Pending sale$85,001
2024-10-29Contingent$85,001
2024-10-19Listed for sale$85,001

For Sale by Agent

AgentAmir Zakikhani
BrokerageRealty Prime Holdings LLC

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