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120 North Avenue

120 North Avenue, Dunellen, NJ 08812
Commercial in Middlesex
Sold Jun 23, 2021
$885,000
$740,000 by Glen Rock Svgs Bank
Mortgage Due Jun 23, 2051
Sold Oct 06, 2015
$600,000
$806,250 by Magyar Bank
Mortgage
Local assessors in Dunellen, NJ have categorized 120 North Avenue as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. 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 120 North Avenue has a total of 4,798 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 concrete block control joints. Lots of concrete block 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, 120 North Avenue was last sold in Apr 20, 2021 for $885,000. According to our calculations, that's $184.45 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Aug 3, 2015. Current property owners are expected to pay $19,051 in taxes per year. The property on 120 North Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $840,000. To break that down further, the land itself was valued at $180,000. While improvements to the property were assessed at a total of $660,000. 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. 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. 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

Exterior

Block Exterior
Brick Exterior / Wood Exterior
Vinyl Siding
Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,798
  • Gross Building Area: 4,798
  • Building Area: 4,798
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : NORTH AVE PORTFOLIOS LLC
  • Previous Owner : JDA REALTY LLC
  • Owner Before Previous Owner: PRATSCHER ROBERT L
  • Owner Before Previous Owner 2: PRATSCHER CAROL ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dunellen Borough School District
  • Census Tract: 000300

Zoning

  • Zoning: RDT

Geography

  • District: 03
  • Parcel: 03 00001-0000-00021
  • Block: 1
  • Lot: 21
  • Municipality: DUNELLEN BORO
  • Latitude: 40.5945
  • Longitude: -74.4593

    Address

  • Full Address: 120 North Ave
  • Address - House Number: 120
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Dunellen
  • Carrier Code: C008
  • 4-Digit Zip Code: 1255
  • Zip Code: 08812

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $740,000
  • First Open Lien Mortgage Lender: GLEN ROCK SVGS BANK
  • First Open Lien Mortgage Recording Date: Jun 23, 2021
  • First Open Lien Mortgage Loan Amount: $740,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 23, 2051

    Market Valuation

  • Market Total Value: $840,000
  • Market Land Value: $180,000
  • Market Improvement Value: $660,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $840,000
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $660,000

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Transaction ID: 11841496194
  • Current Sale Price: $885,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021082260
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GLEN ROCK SVGS BANK
  • First Mortgage Transaction Date: Jun 23, 2021
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: MAGYAR BANK
  • Previous Mortgage Transaction Date: Oct 06, 2015
  • Previous Mortgage Loan Amount: $806,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Dunellen



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 120 North Avenue located in?
The 120 North Avenue is a commercial located in the neighborhood of Middlesex in Dunellen, Dunellen.
What is the average sales price for listings in 120 North Avenue?
The average sales price for units in 120 North Avenue is $0 currently.

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