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124 North 7th Avenue

124 North 7th Avenue, Manville, NJ 08835
Property in Somerset
Sold Aug 19, 2021
$360,000
$342,000 by Towne Mortgage Company
Mortgage Due Sep 01, 2051
124 North 7th Avenue has been categorized by the local assessors in Manville, NJ as a residential type of property. The building on the property was first built in 1951 and is 73 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 124 North 7th Avenue has 1,152 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 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, 124 North 7th Avenue sold most recently in Aug 4, 2021 for a total of $360,000. If you work out the math, that's approximately a cost of $312.50 per sqft. 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 $8,568 in taxes each year. 124 North 7th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $356,400. If we break it down further, the land itself was valued at $181,000. Improvements to the property, however, were assessed at a total of $175,400. 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: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L45

Ownership

  • Current Owner : GRANDA JOSHUALYNN
  • Current Owner 2: RODRIGUEZ BRYAN S
  • Previous Owner : MICHAEL LOVENGUTH JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Manville Borough School District
  • Census Tract: 051600

Geography

  • District: 11
  • Parcel: 11 00056-0000-00044
  • Block: 56
  • Lot: 44
  • Municipality: MANVILLE BORO
  • Latitude: 40.545
  • Longitude: -74.5935

    Address

  • Full Address: 124 N 7th Ave
  • Address - House Number: 124
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1214
  • Zip Code: 08835

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,568

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 459,714
  • High Value: 531,939
  • Low Value: 387,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Loan Amount: $342,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $338,655
  • Market Land Value: $171,988
  • Market Improvement Value: $166,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,400
  • Assessed Land Value: $181,000
  • Assessed Improvements Value: $175,400

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Transaction ID: 11850247094
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50396

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Mortgage Transaction Date: Aug 19, 2021
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

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

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