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314 Mechanic Street

314 Mechanic Street, Boonton, NJ 07005
Property in Morris
Sold Jun 07, 2016
$150,000
$118,400 by American Finance House Lariba
Mortgage Due Jun 01, 2046
Sold Nov 30, 2006
$227,000
$150,000 by Weichert Financial Services
Mortgage Due Dec 01, 2036
Local assessors in Boonton, NJ have categorized 314 Mechanic Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 4,543 square feet. The linear feet between the front and back of the lot was measured at 1,010 ft and the front of the lot was measured at 450 ft. This is a 2 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 314 Mechanic Street has a total of 729 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 frame control joints. 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, 314 Mechanic Street was last sold in May 26, 2016 for $150,000. According to our calculations, that's $205.76 per sqft. Prior to that sales transaction, the property was sold for $227,000 in Nov 14, 2006. Current property owners are expected to pay $5,802 in taxes per year. The property on 314 Mechanic Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $176,300. To break that down further, the land itself was valued at $124,700. While improvements to the property were assessed at a total of $51,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,543
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 450
  • Total Building Area: 729
  • Building Area: 729
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 729
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KARA HOCINE
  • Current Owner 2: BAKIR MOHAMMED
  • Previous Owner : DUONG HUNG
  • Previous Owner 2: DUONG SOPHIA
  • Owner Before Previous Owner: CLEMENT STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Boonton Town School District
  • Census Tract: 041000

Zoning

  • Zoning: R3A

Geography

  • Account Number: 20714400
  • District: 01
  • Parcel: 01 00067-0000-00003- 01
  • Block: 67
  • Lot: 3.01
  • Municipality: BOONTON TOWN
  • Latitude: 40.9065
  • Longitude: -74.4059

    Address

  • Full Address: 314 Mechanic St
  • Address - House Number: 314
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Boonton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1831
  • Zip Code: 07005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,802

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 299,877
  • High Value: 352,750
  • Low Value: 247,004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,400
  • First Open Lien Mortgage Lender: AMERICAN FINANCE HOUSE LARIBA
  • First Open Lien Mortgage Recording Date: Jun 07, 2016
  • First Open Lien Mortgage Loan Amount: $118,400
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $228,516
  • Market Land Value: $161,633
  • Market Improvement Value: $66,883

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,300
  • Assessed Land Value: $124,700
  • Assessed Improvements Value: $51,600

    Sales

  • Current Sale Contract Date: May 26, 2016
  • Current Sale Recording Date: Jun 07, 2016
  • Current Sale Transaction ID: 1863910667
  • Current Sale Price: $150,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2016032322
  • Previous Sale Recording Date: Nov 30, 2006
  • Previous Sale Contract Date: Nov 14, 2006
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCE HOUSE LARIBA
  • First Mortgage Transaction Date: Jun 07, 2016
  • First Mortgage Loan Amount: $118,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Nov 30, 2006
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 314 Mechanic Street located in?
The 314 Mechanic Street is a located in the neighborhood of Morris in Boonton, Boonton.
What is the average sales price for listings in 314 Mechanic Street?
The average sales price for units in 314 Mechanic Street is $0 currently.

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