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111 Yale Terrace

111 Yale Terrace, Linden, NJ 07036
Property in Union
Sold Aug 13, 2020
$355,900
$398,105 by Family First Funding Llc
Mortgage Due Sep 01, 2050
Sold Feb 27, 1975
$41,600
Buyer
111 Yale Terrace has been categorized by the local assessors in Linden, 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. In addition, 111 Yale Terrace has 919 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,800 square feet.

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. 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 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, 111 Yale Terrace sold most recently in Jul 6, 2020 for a total of $355,900. If you work out the math, that's approximately a cost of $387.27 per sqft. Before that, the property was also sold for $41,600 in Feb 27, 1975. 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 $10,915 in taxes each year. 111 Yale Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $158,700. If we break it down further, the land itself was valued at $69,300. Improvements to the property, however, were assessed at a total of $89,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 919
  • Building Area: 919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 199,1800/1802

Ownership

  • Current Owner : JEDRA MELISSA S
  • Previous Owner : KATZ IRVING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Linden City School District
  • Census Tract: 034800

Geography

  • Assessors Map Reference: TAX MAP 24
  • District: 09
  • Parcel: 09 00273-0000-00017
  • Block: 273
  • Lot: 17
  • Municipality: LINDEN CITY
  • Latitude: 40.6377
  • Longitude: -74.2688

    Address

  • Full Address: 111 Yale Ter
  • Address - House Number: 111
  • Address - Street Name: Yale
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Linden
  • Carrier Code: C022
  • 4-Digit Zip Code: 3930
  • Zip Code: 07036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,915

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 543,589
  • High Value: 667,078
  • Low Value: 420,100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $398,105
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $398,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $158,700
  • Market Land Value: $69,300
  • Market Improvement Value: $89,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,700
  • Assessed Land Value: $69,300
  • Assessed Improvements Value: $89,400

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11783478657
  • Current Sale Price: $355,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 326927
  • Previous Sale Recording Date: Feb 27, 1975
  • Previous Sale Contract Date: Feb 27, 1975
  • Previous Sale Amount: $41,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $398,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 111 Yale Terrace located in?
The 111 Yale Terrace is a located in the neighborhood of Union in Linden, Linden.
What is the average sales price for listings in 111 Yale Terrace?
The average sales price for units in 111 Yale Terrace is $0 currently.

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