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227 Palmer Street

227 Palmer Street, Elizabeth, NJ 07202
Property in Union
Sold Feb 16, 2021
$380,000
$328,652 by American Neighborhood Mtg Acce
Mortgage Due Mar 01, 2051
Sold Oct 25, 1994
Transfer
227 Palmer Street has been categorized by the local assessors in Elizabeth, NJ as a residential type of property. The building on the property was first built in 1927 and is 97 years old. The building has a total of 3 stories. In addition, 227 Palmer Street has 2,620 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 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. 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 property was last sold in Dec 30, 2020 for $380,000. That's $145.04 per sqft. 227 Palmer Street was last assessed in 2023. The total value of the property was assessed at $38,900. Specifically, the land the property is located on was valued at $6,600. While improvements on the property were assessed at a total of $32,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $12,226. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Triplex
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,620
  • Gross Building Area: 2,620
  • Building Area: 2,620
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : ARISSO JOEL
  • Previous Owner : ARISSO JOAQUIN
  • Previous Owner 2: ARISSO NERY
  • Owner Before Previous Owner: DELGADO ENRIQUE P
  • Owner Before Previous Owner 2: DELGADO JUANA P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 030900

Geography

  • District: 04
  • Parcel: 04 00644-0000-00023
  • Block: 644
  • Lot: 23
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6545
  • Longitude: -74.2037

    Address

  • Full Address: 227 Palmer St
  • Address - House Number: 227
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C047
  • 4-Digit Zip Code: 4124
  • Zip Code: 07202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,226

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 611,805
  • High Value: 754,447
  • Low Value: 469,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,652
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $328,652
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $38,900
  • Market Land Value: $6,600
  • Market Improvement Value: $32,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,900
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $32,300

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11820273535
  • Current Sale Price: $380,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1563
  • Previous Sale Recording Date: Oct 25, 1994
  • Previous Sale Contract Date: Oct 20, 1994
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $328,652
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 227 Palmer Street located in?
The 227 Palmer Street is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 227 Palmer Street?
The average sales price for units in 227 Palmer Street is $0 currently.

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