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113 Hammond Avenue

113 Hammond Avenue, Passaic, NJ 07055
Property in Passaic
Sold Jan 10, 2020
$245,000
$235,686 by Freedom Mortgage Corporation
Mortgage Due Feb 01, 2052
Sold Mar 24, 2005
$375,000
Seller
$300,000 by Eastern American Mortgage Co
Mortgage Due Apr 01, 2035
Local assessors in Passaic, NJ have categorized 113 Hammond Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 3,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 113 Hammond Avenue has a total of 2,892 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 113 Hammond Avenue was last sold in Dec 13, 2019 for $245,000. According to our calculations, that's $84.72 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Mar 3, 2005. Current property owners are expected to pay $10,891 in taxes per year. The property on 113 Hammond Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $280,400. To break that down further, the land itself was valued at $64,100. While improvements to the property were assessed at a total of $216,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,892
  • Gross Building Area: 2,892
  • Building Area: 2,892
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : CRUZ JOSE R DE LA
  • Current Owner 2: CRUZ MARIA DE LA
  • Previous Owner : JIMENEZ GUELMY A
  • Previous Owner 2: ABREU FRANCISCO A
  • Owner Before Previous Owner: REYES ANA

Neighborhood

  • School District Name: Passaic City School District
  • Census Tract: 175500

Geography

  • District: 07
  • Parcel: 07 02195- 02-00014
  • Block: 2195.02
  • Lot: 14
  • Municipality: PASSAIC CITY
  • Latitude: 40.864
  • Longitude: -74.1408

    Address

  • Full Address: 113 Hammond Ave
  • Address - House Number: 113
  • Address - Street Name: Hammond
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Passaic
  • Carrier Code: C022
  • 4-Digit Zip Code: 2247
  • Zip Code: 07055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,891

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 78
  • Final Value: 561,804
  • High Value: 657,245
  • Low Value: 466,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,686
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 03, 2022
  • First Open Lien Mortgage Loan Amount: $235,686
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $280,400
  • Market Land Value: $64,100
  • Market Improvement Value: $216,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,400
  • Assessed Land Value: $64,100
  • Assessed Improvements Value: $216,300

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Transaction ID: 11720000910
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020001707
  • Previous Sale Recording Date: Mar 24, 2005
  • Previous Sale Contract Date: Mar 03, 2005
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jan 10, 2020
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EASTERN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 24, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2035

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Frequently Asked Questions

What neighborhood is 113 Hammond Avenue located in?
The 113 Hammond Avenue is a located in the neighborhood of Passaic in Passaic, Passaic.
What is the average sales price for listings in 113 Hammond Avenue?
The average sales price for units in 113 Hammond Avenue is $0 currently.

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