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124 7th Avenue

124 7th Avenue, Pitman, NJ 08071
Property in Gloucester
Sold Mar 07, 2016
$27,000
Sold Dec 23, 2010
$55,000
$55,000 by Robin M Mollenhauer Etal
Mortgage Due Jan 01, 2016
124 7th Avenue in Pitman, NJ was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. 124 7th Avenue has 616 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 390. In total, the area measurement of the land is 1,755 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 124 7th Avenue sold most recently in Mar 2, 2016 for a total of $27,000. If you work out the math, that's approximately a cost of $43.83 per sqft. Before that, the property was also sold for $55,000 in Dec 20, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,027 in taxes each year. 124 7th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,000. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $65,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,755
  • Lot Size Depth Feet: 390
  • Lot Size Frontage Feet: 450
  • Total Building Area: 616
  • Building Area: 616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 616
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLLINSWORTH GREG
  • Previous Owner : MOLLENHAUER ROBIN M
  • Previous Owner 2: MOLLENHAUER JOANNE L
  • Owner Before Previous Owner: MOLLENHAUER ROBIN M

Neighborhood

  • School District Name: Pitman Borough School District
  • Census Tract: 501302

Zoning

  • Zoning: RH

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 15
  • Parcel: 15 00020-0000-00008
  • Block: 20
  • Lot: 8
  • Municipality: PITMAN BORO
  • Latitude: 39.7302
  • Longitude: -75.1325

    Address

  • Full Address: 124 7th Ave
  • Address - House Number: 124
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pitman
  • Carrier Code: C010
  • 4-Digit Zip Code: 2204
  • Zip Code: 08071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,027

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 116,235
  • High Value: 139,870
  • Low Value: 92,601

    Market Valuation

  • Market Total Value: $88,707
  • Market Land Value: $23,921
  • Market Improvement Value: $64,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,000
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $65,000

    Sales

  • Current Sale Contract Date: Mar 02, 2016
  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Transaction ID: 1757400996
  • Current Sale Price: $27,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 08464
  • Previous Sale Recording Date: Dec 23, 2010
  • Previous Sale Contract Date: Dec 20, 2010
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROBIN M MOLLENHAUER ETAL
  • First Mortgage Transaction Date: Mar 07, 2016
  • First Mortgage Loan Amount: $24,000
  • First Mortgage Terms: 71
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 15, 2022

    Previous Mortgages

  • Previous Mortgage Lender: ROBIN M MOLLENHAUER ETAL
  • Previous Mortgage Transaction Date: Dec 23, 2010
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $55,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2016

About Pitman



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Frequently Asked Questions

What neighborhood is 124 7th Avenue located in?
The 124 7th Avenue is a located in the neighborhood of Gloucester in Pitman, Pitman.
What is the average sales price for listings in 124 7th Avenue?
The average sales price for units in 124 7th Avenue is $0 currently.

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