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1094 Kensington Terrace

1094 Kensington Terrace, Union, NJ 07083
Property in Union
Sold Jan 22, 2003
$275,000
$214,503 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2043
1094 Kensington Terrace has been categorized by the local assessors in Union, NJ as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 4,948 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 underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 exterior walls of the building are made of brick. 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, 1094 Kensington Terrace sold most recently in Dec 31, 2002 for a total of $275,000. 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 $10,553 in taxes each year. 1094 Kensington Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,700. If we break it down further, the land itself was valued at $18,700. Improvements to the property, however, were assessed at a total of $30,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,948
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FAISON PERCY
  • Current Owner 2: FORD PAMELA
  • Previous Owner : FISCHETTI ANTHONY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Union Township School District
  • Census Tract: 032902

Geography

  • District: 19
  • Parcel: 19 04505-0000-00017
  • Block: 4505
  • Lot: 17
  • Municipality: UNION TWP
  • Latitude: 40.7078
  • Longitude: -74.295

    Address

  • Full Address: 1094 Kensington Ter
  • Address - House Number: 1094
  • Address - Street Name: Kensington
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Union
  • Carrier Code: C055
  • 4-Digit Zip Code: 4807
  • Zip Code: 07083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,553

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 552,653
  • High Value: 658,215
  • Low Value: 447,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,503
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 12, 2013
  • First Open Lien Mortgage Loan Amount: $214,503
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2043

    Market Valuation

  • Market Total Value: $48,700
  • Market Land Value: $18,700
  • Market Improvement Value: $30,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,700
  • Assessed Land Value: $18,700
  • Assessed Improvements Value: $30,000

    Sales

  • Current Sale Contract Date: Dec 31, 2002
  • Current Sale Recording Date: Jan 22, 2003
  • Current Sale Transaction ID: 11474133984
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FUNDING
  • First Mortgage Transaction Date: Jan 22, 2003
  • First Mortgage Loan Amount: $265,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 1094 Kensington Terrace located in?
The 1094 Kensington Terrace is a located in the neighborhood of Union in Union, Union.
What is the average sales price for listings in 1094 Kensington Terrace?
The average sales price for units in 1094 Kensington Terrace is $0 currently.

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