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1040 Central Avenue

1040 Central Avenue, Lakewood, NJ 08701
House in Ocean
Sold Apr 25, 2022
$392,700
$314,160 by Fm Home Loans Llc
Mortgage Due May 01, 2062
Sold Jul 28, 2015
$299,000
$284,050 by Investors Home Mortgage
Mortgage Due Aug 01, 2045
1040 Central Avenue has been categorized by the local assessors in Lakewood, NJ as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1040 Central Avenue has 1,757 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,141 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 8,395 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Central Avenue was last sold in Apr 13, 2022 for $392,700. According to our calculations, that's $223.51 per sqft. Prior to that sales transaction, the property was sold for $299,000 in Jul 10, 2015. Current property owners are expected to pay $7,636 in taxes per year. The property on 1040 Central Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $334,600. To break that down further, the land itself was valued at $197,600. While improvements to the property were assessed at a total of $137,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,141
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,395
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,757
  • Building Area: 1,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,757
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 1040 CENTRAL LLC
  • Previous Owner : TEREBELO
  • Previous Owner 2: ESTHER
  • Owner Before Previous Owner: SANTOS JUAN
  • Owner Before Previous Owner 2: SANTOS MARIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715503

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: TAX MAP 71
  • Account Number: 00081380
  • District: 15
  • Parcel: 15 00286-0000-00012
  • Block: 286
  • Lot: 12
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0892
  • Longitude: -74.2303

    Address

  • Full Address: 1040 Central Ave
  • Address - House Number: 1040
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C066
  • 4-Digit Zip Code: 3045
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,636

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 640,273
  • High Value: 780,576
  • Low Value: 499,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,160
  • First Open Lien Mortgage Lender: FM HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 25, 2022
  • First Open Lien Mortgage Loan Amount: $314,160
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2062

    Market Valuation

  • Market Total Value: $334,600
  • Market Land Value: $197,600
  • Market Improvement Value: $137,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,600
  • Assessed Land Value: $197,600
  • Assessed Improvements Value: $137,000

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11886009287
  • Current Sale Price: $392,700
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 49517
  • Previous Sale Recording Date: Jul 28, 2015
  • Previous Sale Contract Date: Jul 10, 2015
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM HOME LOANS LLC
  • First Mortgage Transaction Date: Apr 25, 2022
  • First Mortgage Loan Amount: $314,160
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2062

    Previous Mortgages

  • Previous Mortgage Lender: INVESTORS HOME MORTGAGE
  • Previous Mortgage Transaction Date: Jul 28, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $284,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 1040 Central Avenue located in?
The 1040 Central Avenue is a house located in the neighborhood of Ocean in Lakewood, Lakewood.
What is the average sales price for listings in 1040 Central Avenue?
The average sales price for units in 1040 Central Avenue is $0 currently.

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