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318 Chestnut Street

318 Chestnut Street, Williamstown, NJ 08094
House in Gloucester
Sold Apr 15, 2020
$170,000
$166,920 by Gateway First Bank
Mortgage Due Apr 01, 2050
Sold Nov 08, 2018
$78,000
Local assessors in Williamstown, NJ have categorized 318 Chestnut 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 12,540 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 660 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 318 Chestnut Street has a total of 1,805 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 318 Chestnut Street sold most recently in Mar 18, 2020 for a total of $170,000. If you work out the math, that's approximately a cost of $94.18 per sqft. Before that, the property was also sold for $78,000 in Oct 5, 2018. 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 $6,114 in taxes each year. 318 Chestnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,200. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $130,700. 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. 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

Building Style

Victorian
Colonial
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
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,540
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,805
  • Building Area: 1,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : IAVICOLA LINDSEY MARIE
  • Previous Owner : WHITE HART INC
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monroe Township School District
  • Census Tract: 501604

Zoning

  • Zoning: RG40

Geography

  • Assessors Map Reference: TAX MAP 119
  • District: 11
  • Parcel: 11 11905-0000-00002
  • Block: 11905
  • Lot: 2
  • Municipality: MONROE TWP
  • Latitude: 39.6793
  • Longitude: -74.9927

    Address

  • Full Address: 318 Chestnut St
  • Address - House Number: 318
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Williamstown
  • Carrier Code: C014
  • 4-Digit Zip Code: 1721
  • Zip Code: 08094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,114

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 311,393
  • High Value: 365,948
  • Low Value: 256,838

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $176,920
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050
  • Second Open Lien Mortgage Lender: NEW JERSEY HOUSING & MORTGAGE
  • Second Open Lien Mortgage Recording Date: Apr 15, 2020
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Mar 20, 2025

    Market Valuation

  • Market Total Value: $214,295
  • Market Land Value: $47,777
  • Market Improvement Value: $166,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,200
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $130,700

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Transaction ID: 11755343404
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 14274
  • Previous Sale Recording Date: Nov 08, 2018
  • Previous Sale Contract Date: Oct 05, 2018
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FIRST BANK
  • First Mortgage Transaction Date: Apr 15, 2020
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

About Williamstown



Similar Buildings

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Nearby Rentals

Unit for rent at 108 Joanie Ave, WILLIAMSTOWN, NJ, 08094

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,008 ft²
108 Joanie Ave, WILLIAMSTOWN, NJ, 08094 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 318 Chestnut Street located in?
The 318 Chestnut Street is a house located in the neighborhood of Gloucester in Williamstown, Williamstown.
What is the average sales price for listings in 318 Chestnut Street?
The average sales price for units in 318 Chestnut Street is $0 currently.

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