702 Petersburg Rd
This analysis was generated on 4/4/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$499,000
Fair Range
$425,000 - $475,000
Negotiation Leverage
4 points to consider in your offer
Recommended Offer
AI Rationale
Reflects market conditions, necessary repairs, and seller motivation. The offer provides room for negotiation while addressing key issues.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Exterior Paint Color
The exterior of the house is painted a bright pink color, which is an unusual and potentially off-putting choice for many buyers. This will likely need to be repainted.
Outdated Bathroom
The bathroom features outdated wallpaper and fixtures, including a pink countertop and a dated shower enclosure.
Dated Kitchen
The kitchen has a mix of old and newer appliances, with a rustic aesthetic that may not appeal to all buyers. The cabinets appear to be older and may need updating.
Worn Wood Floors
The floors in the living areas appear to be original wood, but they show signs of wear and tear. They may need refinishing or replacement.
Worn Staircase
The wooden stairs show signs of wear and tear, with some areas appearing discolored or damaged. This could be a safety hazard and detracts from the overall appearance.
Damaged Brickwork
The exterior brickwork on the steps and patio appears to be deteriorating, with some bricks missing or cracked. This could lead to further damage and is a safety concern.
Sunroom Interior
The sunroom has an orange interior with a checkered floor, which may not be to everyone's taste.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Exterior Repainting
Bathroom Renovations
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Days on market decreasing 82.6% over the past 3 months suggests stronger seller position.
Subject Property
Stats in the Area
Based on 2 comparable properties nearby
Average Price
$189,900
Your price is 162.8% above average
Median Price
$189,900
Based on 2 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1175 rt 47, Dennisville, NJ 08270 | $189,900 | N/A | 3 | 2 | N/A | 3/11/2025 |
| 1175 Route 47, Woodbine Borough, NJ 08270 | $189,900 | N/A | 3 | 2 | N/A | 3/6/2025 |
Schools
Details about nearby schools in this area
Climate Risks
Assessment of climate-related hazards for this property
Major Risk Profile
This property has 0 severe, 2 major, and 1 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Tour Checklist
Key items to inspect during your property tour
Inspect the foundation for cracks, especially near the waterfront and areas with damaged brickwork.
Thoroughly inspect all wood floors, especially in areas with visible wear and tear, for signs of rot, water damage, or insect infestation.
Inspect the electrical panel for proper labeling, adequate amperage, and any signs of overheating or damage.
Check the ceilings and walls for water stains, cracks, or signs of mold, especially in bathrooms and near the roofline.
Questions to Ask
Important questions to ask during the tour
What is the age of the electric water heater, and when was it last serviced?
Are there any known issues with the septic system or well (if applicable), and when was the last inspection?
Can you provide any documentation regarding the age and condition of the roof?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
Property Discussion
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Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
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