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1025 Commonwealth Boulevard

1025 Commonwealth Boulevard, Toms River, NJ 08757
Property in Ocean
Sold Sep 02, 2021
$330,000
$264,000 by Ark Mortgage Inc
Mortgage Due Sep 01, 2051
Sold Sep 22, 1998
$69,000
1025 Commonwealth Boulevard in Toms River, NJ was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1025 Commonwealth Boulevard has 1,850 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1025 Commonwealth Boulevard sold most recently in Aug 27, 2021 for a total of $330,000. If you work out the math, that's approximately a cost of $178.38 per sqft. Before that, the property was also sold for $69,000 in Sep 3, 1998. 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 $4,951 in taxes each year. 1025 Commonwealth Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,500. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $143,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Bi-level
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,850
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 36-38

Ownership

  • Current Owner : MAGID BENZION
  • Previous Owner : COOK DAVID
  • Previous Owner 2: COOK JANET E
  • Owner Before Previous Owner: ALFIERI ANTHONY
  • Owner Before Previous Owner 2: ALFIERI IDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.03
  • Account Number: 1853
  • District: 19
  • Parcel: 19 00001- 240-00035
  • Block: 1.240
  • Lot: 35
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0022
  • Longitude: -74.2633

    Address

  • Full Address: 1025 Commonwealth Blvd
  • Address - House Number: 1025
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R002
  • 4-Digit Zip Code: 1829
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,951

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 468,879
  • High Value: 572,009
  • Low Value: 365,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: ARK MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $223,500
  • Market Land Value: $80,000
  • Market Improvement Value: $143,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,500
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $143,500

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11855618373
  • Current Sale Price: $330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021128660
  • Previous Sale Recording Date: Sep 22, 1998
  • Previous Sale Contract Date: Sep 03, 1998
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK MORTGAGE INC
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 1025 Commonwealth Boulevard located in?
The 1025 Commonwealth Boulevard is a located in the neighborhood of Ocean in Pine Lake Park, Toms River.
What is the average sales price for listings in 1025 Commonwealth Boulevard?
The average sales price for units in 1025 Commonwealth Boulevard is $0 currently.

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