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1340 Madison Avenue

1340 Madison Avenue, Toms River, NJ 08757
House in Ocean
Sold Aug 13, 2020
$350,000
$342,705 by Contour Mortgage Corp
Mortgage Due Aug 01, 2050
Local assessors in Toms River, NJ have categorized 1340 Madison Avenue as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1340 Madison Avenue has a total of 1,744 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 1,288 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. 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 frame control joints. The building has a gable style roof that was made of asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 1340 Madison Avenue sold most recently in Jul 23, 2020 for a total of $350,000. If you work out the math, that's approximately a cost of $200.69 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 $6,785 in taxes each year. 1340 Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $306,300. If we break it down further, the land itself was valued at $93,800. Improvements to the property, however, were assessed at a total of $212,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
Off Street Parking
Oversized Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,288
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,744
  • Heating Fuel Type: Gas

    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: 21-27

Ownership

  • Current Owner : YEPEZ CARLOS M
  • Previous Owner : GRAHAM CHRISTOPHER R
  • Previous Owner 2: GRAHAM KRISTEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.04
  • Account Number: 2037
  • District: 19
  • Parcel: 19 00001- 253-00020
  • Block: 1.253
  • Lot: 20
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0042
  • Longitude: -74.2572

    Address

  • Full Address: 1340 Madison Ave
  • Address - House Number: 1340
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1921
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,785

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 554,117
  • High Value: 673,302
  • Low Value: 434,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,705
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $342,705
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $306,300
  • Market Land Value: $93,800
  • Market Improvement Value: $212,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,300
  • Assessed Land Value: $93,800
  • Assessed Improvements Value: $212,500

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11781322138
  • Current Sale Price: $350,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020087183

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $342,705
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

About Pine Lake Park



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Frequently Asked Questions

What neighborhood is 1340 Madison Avenue located in?
The 1340 Madison Avenue is a house located in the neighborhood of Ocean in Pine Lake Park, Toms River.
What is the average sales price for listings in 1340 Madison Avenue?
The average sales price for units in 1340 Madison Avenue is $359,900 , or $206/sqft. currently.

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