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131 Raymond Avenue

131 Raymond Avenue, South Orange, NJ 07079
Property in Essex
Sold Nov 10, 2021
$730,000
$657,000 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
131 Raymond Avenue in South Orange, NJ was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. 131 Raymond Avenue has 3,246 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 1,060 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 12,850 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. 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, 131 Raymond Avenue sold most recently in Nov 1, 2021 for a total of $730,000. If you work out the math, that's approximately a cost of $224.89 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 $24,058 in taxes each year. 131 Raymond Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $686,000. If we break it down further, the land itself was valued at $330,700. Improvements to the property, however, were assessed at a total of $355,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,850
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 3,246
  • Building Area: 3,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,246
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ORTEGA RODRIGUEZ SEALTIEL
  • Previous Owner : BERGER MILES
  • Previous Owner 2: ESTATE OF CALVIN D WEST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019100

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 19
  • Parcel: 19 01104-0000-00020
  • Block: 1104
  • Lot: 20
  • Municipality: SOUTH ORANGE VILLAGE TW
  • Latitude: 40.7493
  • Longitude: -74.2538

    Address

  • Full Address: 131 Raymond Ave
  • Address - House Number: 131
  • Address - Street Name: Raymond
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: South Orange
  • Carrier Code: C002
  • 4-Digit Zip Code: 2339
  • Zip Code: 07079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,058

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 996,750
  • High Value: 1,210,523
  • Low Value: 782,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $657,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $657,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $686,000
  • Market Land Value: $330,700
  • Market Improvement Value: $355,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $686,000
  • Assessed Land Value: $330,700
  • Assessed Improvements Value: $355,300

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11873583460
  • Current Sale Price: $730,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2021134559

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $657,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 131 Raymond Avenue located in?
The 131 Raymond Avenue is a located in the neighborhood of Essex in Essex, South Orange.
What is the average sales price for listings in 131 Raymond Avenue?
The average sales price for units in 131 Raymond Avenue is $0 currently.

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