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16 Cornell Avenue

16 Cornell Avenue, Neptune, NJ 07753
Property in Neptune
Sold Jul 10, 1996
$115,000
16 Cornell Avenue has been categorized by the local assessors in Neptune, NJ as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16 Cornell Avenue has 1,660 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 1,110 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 12,210 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

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 built-in garage for those who require parking. The garage measured 408 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 16 Cornell Avenue sold most recently in Jun 27, 1996 for a total of $115,000. If you work out the math, that's approximately a cost of $69.28 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 $7,769 in taxes each year. 16 Cornell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $430,200. If we break it down further, the land itself was valued at $210,100. Improvements to the property, however, were assessed at a total of $220,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 408
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,210
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DANIEL JOHN
  • Current Owner 2: DANIELS MARILYN
  • Previous Owner : SHAH MAHESH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 47.1
  • Account Number: 00105071
  • District: 35
  • Parcel: 35 03706-0000-00015
  • Block: 3706
  • Lot: 15
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2316
  • Longitude: -74.0687

    Address

  • Full Address: 16 Cornell Ave
  • Address - House Number: 16
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C021
  • 4-Digit Zip Code: 2561
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,769

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 513,219
  • High Value: 604,335
  • Low Value: 422,103

    Market Valuation

  • Market Total Value: $430,200
  • Market Land Value: $210,100
  • Market Improvement Value: $220,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,200
  • Assessed Land Value: $210,100
  • Assessed Improvements Value: $220,100

    Sales

  • Current Sale Contract Date: Jun 27, 1996
  • Current Sale Recording Date: Jul 10, 1996
  • Current Sale Transaction ID: 11476349738
  • Current Sale Price: $115,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONG ISLAND SAV
  • First Mortgage Transaction Date: Jul 10, 1996
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Neptune



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Frequently Asked Questions

What neighborhood is 16 Cornell Avenue located in?
The 16 Cornell Avenue is a located in the neighborhood of Neptune in Neptune, Neptune.
What is the average sales price for listings in 16 Cornell Avenue?
The average sales price for units in 16 Cornell Avenue is $0 currently.

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