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1402 Mays Landing Road

1402 Mays Landing Road, Hammonton, NJ 08037
Property in Atlantic
Local assessors in Hammonton, NJ have categorized 1402 Mays Landing Road as a commercial type of property. The property's lot size has been calculated to be 277,547 square feet. 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.

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. 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. 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, 1402 Mays Landing Road sold most recently in Aug 22, 2017 for a total of $205,000. If you work out the math, that's approximately a cost of $19.08 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 $31,950 in taxes each year. 1402 Mays Landing Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,477,100. If we break it down further, the land itself was valued at $266,100. Improvements to the property, however, were assessed at a total of $1,211,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 277,547
  • Total Building Area: 10,746
  • Gross Building Area: 10,746
  • Building Area: 10,746
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: STATE HIGHWAY DEVELOPMENT
  • Land Acres: 6.372
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : FOLSOM DEVELOPMENT ASSOCIATES LLC
  • Previous Owner : SMITH LORRAINE S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Folsom Borough School District
  • Census Tract: 011201

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 10
  • Parcel: 10 00502-0000-00017- 01
  • Block: 502
  • Lot: 17.01
  • Municipality: FOLSOM BOROUGH
  • Latitude: 39.5995
  • Longitude: -74.8398

    Address

  • Full Address: 1402 Mays Landing Rd
  • Address - House Number: 1402
  • Address - Street Name: Mays Landing
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hammonton
  • Carrier Code: R006
  • 4-Digit Zip Code: 9134
  • Zip Code: 08037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,950

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,755,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2017
  • First Open Lien Mortgage Loan Amount: $1,755,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 30, 2047

    Market Valuation

  • Market Total Value: $1,477,100
  • Market Land Value: $266,100
  • Market Improvement Value: $1,211,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,477,100
  • Assessed Land Value: $266,100
  • Assessed Improvements Value: $1,211,000

    Sales

  • Current Sale Contract Date: Aug 22, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Transaction ID: 1734124812
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017048445

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Aug 30, 2017
  • First Mortgage Loan Amount: $1,755,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Folsom



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Frequently Asked Questions

What neighborhood is 1402 Mays Landing Road located in?
The 1402 Mays Landing Road is a located in the neighborhood of Atlantic in Folsom, Hammonton.
What is the average sales price for listings in 1402 Mays Landing Road?
The average sales price for units in 1402 Mays Landing Road is $0 currently.

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