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302 7th Street

302 7th Street, Barnegat, NJ 08005
House in Ocean
Sold Oct 31, 2018
$180,000
$162,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2048
302 7th Street in Barnegat, NJ was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 302 7th Street has 1,404 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 800 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. There is one available parking space. 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. As for heating, the home is utilizing electricity. 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, 302 7th Street sold most recently in Oct 16, 2018 for a total of $180,000. If you work out the math, that's approximately a cost of $128.21 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 $3,711 in taxes each year. The initial year of tax delinquency occurred in 2017. 302 7th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,800. If we break it down further, the land itself was valued at $76,000. Improvements to the property, however, were assessed at a total of $94,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEBBLE BEACH
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUTTON JACOB
  • Current Owner 2: SUTTON JESSICA
  • Previous Owner : FOSTER SUSAN A
  • Previous Owner 2: SARANCZAK SUSAN ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 21
  • Parcel: 21 00272- 02-00002
  • Block: 272.02
  • Lot: 2
  • Municipality: OCEAN TWP
  • Latitude: 39.7723
  • Longitude: -74.202

    Address

  • Full Address: 302 7th St
  • Address - House Number: 302
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R001
  • 4-Digit Zip Code: 2724
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,711
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 337,721
  • High Value: 413,139
  • Low Value: 262,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 31, 2018
  • First Open Lien Mortgage Loan Amount: $162,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $170,800
  • Market Land Value: $76,000
  • Market Improvement Value: $94,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,800
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $94,800

    Sales

  • Current Sale Contract Date: Oct 16, 2018
  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Transaction ID: 11531539964
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018107058

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 31, 2018
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Ocean



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Frequently Asked Questions

What neighborhood is 302 7th Street located in?
The 302 7th Street is a house located in the neighborhood of Ocean in Ocean, Barnegat.
What is the average sales price for listings in 302 7th Street?
The average sales price for units in 302 7th Street is $185,000 , or $132/sqft. currently.

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