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248 3rd Avenue

248 3rd Avenue, Garwood, NJ 07027
Property in Union
Sold May 05, 2020
$250,000
$175,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2035
248 3rd Avenue in Garwood, NJ was first built in 1909 and is 115 years old. This has been categorized as a residential property type. There are a total of 2 floors. 248 3rd Avenue has 1,214 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 248 3rd Avenue sold most recently in Apr 14, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $205.93 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 $9,426 in taxes each year. 248 3rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,600. If we break it down further, the land itself was valued at $208,500. Improvements to the property, however, were assessed at a total of $140,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1909
  • Effective Year Built: 1909
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,214
  • Building Area: 1,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ATTIA FADY
  • Previous Owner : KILBURG JOSEPH P
  • Previous Owner 2: ESTATE OF JOSEPH P KILBURG SR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garwood Borough School District
  • Census Tract: 036900

Geography

  • Account Number: 88300
  • District: 06
  • Parcel: 06 00203-0000-00032
  • Block: 203
  • Lot: 32
  • Municipality: GARWOOD BORO
  • Latitude: 40.6559
  • Longitude: -74.3226

    Address

  • Full Address: 248 3rd Ave
  • Address - House Number: 248
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Garwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 1133
  • Zip Code: 07027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,426

    Appraisal Valuation

  • Standard Deviation: 0.2492
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 519,781
  • High Value: 649,324
  • Low Value: 390,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: May 01, 2035

    Market Valuation

  • Market Total Value: $348,600
  • Market Land Value: $208,500
  • Market Improvement Value: $140,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,600
  • Assessed Land Value: $208,500
  • Assessed Improvements Value: $140,100

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Transaction ID: 11760097037
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 324206

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 05, 2020
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2035

About Garwood



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Frequently Asked Questions

What neighborhood is 248 3rd Avenue located in?
The 248 3rd Avenue is a located in the neighborhood of Union in Garwood, Garwood.
What is the average sales price for listings in 248 3rd Avenue?
The average sales price for units in 248 3rd Avenue is $0 currently.

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