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1 Broad Street

1 Broad Street, Medford, NJ 08055
Property in Burlington
Sold Mar 01, 2022
$372,000
$297,600 by Republic First Bank
Mortgage Due Feb 01, 2052
Sold Sep 05, 2006
$300,000
$240,000 by Phh Mortgage Services Corp
Mortgage Due Sep 01, 2036
Local assessors in Medford, NJ have categorized 1 Broad Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 19,602 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Broad Street has a total of 2,240 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Broad Street sold most recently in Jan 28, 2022 for a total of $372,000. If you work out the math, that's approximately a cost of $166.07 per sqft. Before that, the property was also sold for $300,000 in Aug 29, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,718 in taxes each year. 1 Broad Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $206,700. If we break it down further, the land itself was valued at $67,500. Improvements to the property, however, were assessed at a total of $139,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.45
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : MCWILLIAMS DONALD
  • Current Owner 2: MCWILLIAMS FATIMA
  • Previous Owner : KRESKY SR THOMAS M
  • Owner Before Previous Owner: 1 & 3 BROAD LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Medford Township School District
  • Census Tract: 703802

Zoning

  • Zoning: RHO

Geography

  • Assessors Map Reference: TAX MAP 14
  • Account Number: 00971000
  • District: 20
  • Parcel: 20 01401- 03-00017
  • Block: 1401.03
  • Lot: 17
  • Municipality: MEDFORD TWP
  • Latitude: 39.902
  • Longitude: -74.8215

    Address

  • Full Address: 1 Broad St
  • Address - House Number: 1
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Medford
  • Carrier Code: C011
  • 4-Digit Zip Code: 2703
  • Zip Code: 08055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,718

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 80
  • Final Value: 392,727
  • High Value: 453,796
  • Low Value: 331,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,600
  • First Open Lien Mortgage Lender: REPUBLIC FIRST BANK
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $297,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $206,700
  • Market Land Value: $67,500
  • Market Improvement Value: $139,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $206,700
  • Assessed Land Value: $67,500
  • Assessed Improvements Value: $139,200

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11881876056
  • Current Sale Price: $372,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5731351
  • Previous Sale Recording Date: Sep 05, 2006
  • Previous Sale Contract Date: Aug 29, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC FIRST BANK
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $297,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • Previous Mortgage Transaction Date: Sep 05, 2006
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Burlington



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Frequently Asked Questions

What neighborhood is 1 Broad Street located in?
The 1 Broad Street is a located in the neighborhood of Burlington in Burlington, Medford.
What is the average sales price for listings in 1 Broad Street?
The average sales price for units in 1 Broad Street is $0 currently.

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