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24 Arch Street

24 Arch Street, Butler, NJ 07405
Property in Morris
Sold Dec 27, 2005
$245,000
$288,750 by New Jersey Lenders Corp
Mortgage Due Nov 01, 2034
24 Arch Street has been categorized by the local assessors in Butler, NJ as a residential type of property. The building on the property was first built in 1903 and is 121 years old. The building has a total of 2 stories. In addition, 24 Arch Street has 1,876 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 1,250 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,374 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of alum/vinyl siding. 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, 24 Arch Street sold most recently in Dec 9, 2005 for a total of $245,000. If you work out the math, that's approximately a cost of $130.60 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 $9,116 in taxes each year. 24 Arch Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,500. If we break it down further, the land itself was valued at $200,900. Improvements to the property, however, were assessed at a total of $142,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1903
  • Effective Year Built: 1903
  • Bedroom Count: 0
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GONZALES DENNIS
  • Current Owner 2: INGLIS APRIL
  • Previous Owner : JACOBSEN DRUSILLA W

Neighborhood

  • School District Name: Butler Borough School District
  • Census Tract: 040500

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 03
  • Parcel: 03 00025-0000-00065- 01
  • Block: 25
  • Lot: 65.01
  • Municipality: BUTLER BORO
  • Latitude: 41.0055
  • Longitude: -74.3402

    Address

  • Full Address: 24 Arch St
  • Address - House Number: 24
  • Address - Street Name: Arch
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Butler
  • Carrier Code: C001
  • 4-Digit Zip Code: 1002
  • Zip Code: 07405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,116

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 463,198
  • High Value: 548,726
  • Low Value: 377,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $632,750
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Loan Amount: $288,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Second Open Lien Mortgage Recording Date: Aug 06, 2007
  • Second Open Lien Mortgage Loan Amount: $344,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2037

    Market Valuation

  • Market Total Value: $352,199
  • Market Land Value: $205,988
  • Market Improvement Value: $146,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,500
  • Assessed Land Value: $200,900
  • Assessed Improvements Value: $142,600

    Sales

  • Current Sale Contract Date: Dec 09, 2005
  • Current Sale Recording Date: Dec 27, 2005
  • Current Sale Transaction ID: 1192456464
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JACK INGLIS ETAL
  • First Mortgage Transaction Date: Dec 27, 2005
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2007

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 24 Arch Street located in?
The 24 Arch Street is a located in the neighborhood of Morris in Butler, Butler.
What is the average sales price for listings in 24 Arch Street?
The average sales price for units in 24 Arch Street is $0 currently.

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