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308 Spruce Street

308 Spruce Street, Absecon, NJ 08201
Property in Atlantic
Sold Jun 27, 1996
$118,000
308 Spruce Street in Absecon, NJ was first built in 1958 and is 66 years old. This has been categorized as a residential property type. There are a total of 2 floors. 308 Spruce Street has 1,670 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 580 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 8,699 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. 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, 308 Spruce Street sold most recently in Jun 25, 1996 for a total of $118,000. If you work out the math, that's approximately a cost of $70.66 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 $5,914 in taxes each year. 308 Spruce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,900. If we break it down further, the land itself was valued at $81,900. Improvements to the property, however, were assessed at a total of $97,000. 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: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,699
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,670
  • Building Area: 1,670
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,670
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BONNER STEVEN M
  • Current Owner 2: GARTLAND GARY F
  • Previous Owner : MCGUIGAN DENNIS P
  • Previous Owner 2: MCGUIGAN KATHLEEN J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Absecon City School District
  • Census Tract: 010200

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 01
  • Parcel: 01 00090-0000-00010
  • Block: 90
  • Lot: 10
  • Municipality: ABSECON CITY
  • Latitude: 39.4301
  • Longitude: -74.498

    Address

  • Full Address: 308 Spruce St
  • Address - House Number: 308
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Absecon
  • Carrier Code: C012
  • 4-Digit Zip Code: 1726
  • Zip Code: 08201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,914

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 323,950
  • High Value: 408,621
  • Low Value: 239,279

    Market Valuation

  • Market Total Value: $178,900
  • Market Land Value: $81,900
  • Market Improvement Value: $97,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,900
  • Assessed Land Value: $81,900
  • Assessed Improvements Value: $97,000

    Sales

  • Current Sale Contract Date: Jun 25, 1996
  • Current Sale Recording Date: Jun 27, 1996
  • Current Sale Transaction ID: 1122988541
  • Current Sale Price: $118,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 022279

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jun 27, 1996
  • First Mortgage Loan Amount: $106,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2026

About Absecon



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Nearby Rentals

Unit for rent at 301 W Church Street, Absecon, NJ, 08201

$1,900 /mo

  • 2 Beds
  • 1 Bath
301 W Church Street, Absecon, NJ, 08201 Listing by GEORGEANNA NEWMONES

Frequently Asked Questions

What neighborhood is 308 Spruce Street located in?
The 308 Spruce Street is a located in the neighborhood of Atlantic in Absecon, Absecon.
What is the average sales price for listings in 308 Spruce Street?
The average sales price for units in 308 Spruce Street is $0 currently.

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