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298 Elk Road

298 Elk Road, Monroeville, NJ 08343
Property in Gloucester
Refi Oct 17, 2016
Transfer
$258,400 by Univest Bank & Trust Co
Mortgage Due Oct 01, 2046
298 Elk Road has been categorized by the local assessors in Monroeville, NJ as a residential type of property. The building on the property was first built in 1972 and is 52 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 298 Elk Road has 2,668 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $9,962 in taxes each year. 298 Elk Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $274,500. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $214,500. 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. 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.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
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,668
  • Building Area: 2,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Delsea Regional High School School District
  • Census Tract: 501900

Zoning

  • Zoning: RE

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 04
  • Parcel: 04 00018-0000-00012
  • Block: 18
  • Lot: 12
  • Municipality: ELK TWP
  • Latitude: 39.6727
  • Longitude: -75.1956

    Address

  • Full Address: 298 Elk Rd
  • Address - House Number: 298
  • Address - Street Name: Elk
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Monroeville
  • Carrier Code: R085
  • 4-Digit Zip Code: 2702
  • Zip Code: 08343

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,962

    Appraisal Valuation

  • Standard Deviation: 0.1434
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 477,500
  • High Value: 545,997
  • Low Value: 409,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,400
  • First Open Lien Mortgage Lender: UNIVEST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 17, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $258,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046

    Market Valuation

  • Market Total Value: $342,996
  • Market Land Value: $74,972
  • Market Improvement Value: $268,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,500
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $214,500

About Gloucester



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Frequently Asked Questions

What neighborhood is 298 Elk Road located in?
The 298 Elk Road is a located in the neighborhood of Gloucester in Gloucester, Monroeville.
What is the average sales price for listings in 298 Elk Road?
The average sales price for units in 298 Elk Road is $0 currently.

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