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24 Lincoln Avenue

24 Lincoln Avenue, Cranford, NJ 07016
Property in Union
Sold Jun 02, 2021
$710,000
$697,140 by Cardinal Financial Company Lp
Mortgage Due Jun 01, 2051
Sold Mar 12, 1996
$216,000
Local assessors in Cranford, NJ have categorized 24 Lincoln Avenue as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 27,396 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24 Lincoln Avenue has a total of 3,300 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 other control joints. Lots of stucco were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 24 Lincoln Avenue was last sold in May 26, 2021 for $710,000. According to our calculations, that's $215.15 per sqft. Prior to that sales transaction, the property was sold for $216,000 in Mar 7, 1996. Current property owners are expected to pay $14,514 in taxes per year. The property on 24 Lincoln Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $217,700. To break that down further, the land itself was valued at $88,400. While improvements to the property were assessed at a total of $129,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,396
  • Total Building Area: 3,300
  • Building Area: 3,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.629
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEMON DAVID
  • Current Owner 2: GOMES LEMON JENNIFER
  • Previous Owner : WALSH MARTIN
  • Previous Owner 2: WALSH WENDIE
  • Owner Before Previous Owner: CHACON EDGARDO
  • Owner Before Previous Owner 2: CHACON ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cranford Township School District
  • Census Tract: 037200

Geography

  • Assessors Map Reference: TAX MAP 103
  • Account Number: 542900-0
  • District: 03
  • Parcel: 03 00473-0000-00050
  • Block: 473
  • Lot: 50
  • Municipality: CRANFORD TWP
  • Latitude: 40.6529
  • Longitude: -74.31

    Address

  • Full Address: 24 Lincoln Ave W
  • Address - House Number: 24
  • Street Segment Direction: W
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cranford
  • Carrier Code: C018
  • 4-Digit Zip Code: 2641
  • Zip Code: 07016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,514

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 838,171
  • High Value: 1,003,886
  • Low Value: 672,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,140
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $697,140
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $217,700
  • Market Land Value: $88,400
  • Market Improvement Value: $129,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,700
  • Assessed Land Value: $88,400
  • Assessed Improvements Value: $129,300

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11838481943
  • Current Sale Price: $710,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5329
  • Previous Sale Recording Date: Mar 12, 1996
  • Previous Sale Contract Date: Mar 07, 1996
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $697,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 24 Lincoln Avenue located in?
The 24 Lincoln Avenue is a located in the neighborhood of Union in Union, Cranford.
What is the average sales price for listings in 24 Lincoln Avenue?
The average sales price for units in 24 Lincoln Avenue is $0 currently.

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