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1071 North Avenue

1071 North Avenue, Elizabeth, NJ 07201
Property in Union
Local assessors in Elizabeth, NJ have categorized 1071 North Avenue as a vacant type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,800 square feet. The linear feet between the front and back of the lot was measured at 100,000 ft and the front of the lot was measured at 280 ft. If we look only at the heated or air conditioned part of the building, then 1071 North Avenue has a total of 1,208 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. 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, 1071 North Avenue sold most recently in Jan 12, 2023 for a total of $863,000. If you work out the math, that's approximately a cost of $714.40 per sqft. Before that, the property was also sold for $290,000 in Mar 15, 2022. 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 $2,829 in taxes each year. 1071 North Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,000. If we break it down further, the land itself was valued at $9,000. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Lot Size Depth Feet: 100,000
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,208
  • Building Area: 1,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.064
  • Standard Land Use Code: Vacant land (general)

Ownership

  • Current Owner : NEYS4 LLC
  • Previous Owner : RBN CONTRACTOR LLC
  • Owner Before Previous Owner: 1071 NORTH AVE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 031500

Geography

  • District: 04
  • Parcel: 04 00217-0000-00038
  • Block: 217
  • Lot: 38
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6793
  • Longitude: -74.2013

    Address

  • Full Address: 1071 North Ave
  • Address - House Number: 1071
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C077
  • 4-Digit Zip Code: 1672
  • Zip Code: 07201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,829

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 395,619
  • High Value: 480,171
  • Low Value: 311,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,750
  • First Open Lien Mortgage Lender: AMWEST FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $516,750
  • 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: Jan 13, 2053

    Market Valuation

  • Market Total Value: $9,000
  • Market Land Value: $9,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $9,000

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Transaction ID: 11900972191
  • Current Sale Price: $863,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 25942
  • Previous Sale Recording Date: Mar 21, 2022
  • Previous Sale Contract Date: Mar 15, 2022
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMWEST FUNDING CORP
  • First Mortgage Transaction Date: Jan 13, 2023
  • First Mortgage Loan Amount: $516,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FRANK MILATTA IRA 3335
  • Previous Mortgage Transaction Date: Mar 21, 2022
  • Previous Mortgage Loan Amount: $295,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Elizabeth



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Frequently Asked Questions

What neighborhood is 1071 North Avenue located in?
The 1071 North Avenue is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 1071 North Avenue?
The average sales price for units in 1071 North Avenue is $0 currently.

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