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124 North Drexel Street

124 North Drexel Street, West Deptford, NJ 08096
Property in Gloucester
Sold Sep 13, 2006
$125,000
$118,750 by Gateway Funding Diversified Mt
Mortgage
124 North Drexel Street in West Deptford, NJ was first built in 1950 and is 74 years old. This has been categorized as a residential property type. It is a single story home. 124 North Drexel Street has 1,433 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 520 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,719 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 brick control joints. The exterior walls of the home are made of brick. The property was last sold in Sep 12, 2006 for $125,000. That's $87.23 per sqft. 124 North Drexel Street was last assessed in 2023. The total value of the property was assessed at $150,400. Specifically, the land the property is located on was valued at $46,600. While improvements on the property were assessed at a total of $103,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,979. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,719
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,433
  • Building Area: 1,433
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,433
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JEFFREY FORMANEK
  • Previous Owner : FORMANEK JEFFREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Woodbury City School District
  • Census Tract: 501003

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 22
  • Parcel: 22 00014- 01-00005
  • Block: 14.01
  • Lot: 5
  • Municipality: WOODBURY CITY
  • Latitude: 39.8446
  • Longitude: -75.1661

    Address

  • Full Address: 124 N Drexel St
  • Address - House Number: 124
  • Street Direction: N
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Woodbury
  • Carrier Code: C006
  • 4-Digit Zip Code: 1581
  • Zip Code: 08096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,979

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 266,048
  • High Value: 312,659
  • Low Value: 219,438

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $206,750
  • First Open Lien Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Open Lien Mortgage Recording Date: Sep 13, 2006
  • First Open Lien Mortgage Loan Amount: $118,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 07, 2011
  • Second Open Lien Mortgage Loan Amount: $88,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $180,141
  • Market Land Value: $55,815
  • Market Improvement Value: $124,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,400
  • Assessed Land Value: $46,600
  • Assessed Improvements Value: $103,800

    Sales

  • Current Sale Contract Date: Sep 12, 2006
  • Current Sale Recording Date: Sep 13, 2006
  • Current Sale Transaction ID: 1095611585
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 62811

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Mortgage Transaction Date: Sep 13, 2006
  • First Mortgage Loan Amount: $118,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Woodbury



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Frequently Asked Questions

What neighborhood is 124 North Drexel Street located in?
The 124 North Drexel Street is a located in the neighborhood of Gloucester in Woodbury, West Deptford.
What is the average sales price for listings in 124 North Drexel Street?
The average sales price for units in 124 North Drexel Street is $0 currently.

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