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324 Pennington Street

324 Pennington Street, Elizabeth, NJ 07202
Property in Union
Sold Mar 08, 2011
$270,000
$263,155 by Metlife Home Loans
Mortgage Due Mar 01, 2041
Local assessors in Elizabeth, NJ have categorized 324 Pennington Street as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 5,611 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 330 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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 324 Pennington Street has a total of 2,484 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, 324 Pennington Street was last sold in Feb 28, 2011 for $270,000. According to our calculations, that's $108.70 per sqft. Current property owners are expected to pay $13,955 in taxes per year. The property on 324 Pennington Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $44,400. To break that down further, the land itself was valued at $10,300. While improvements to the property were assessed at a total of $34,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,611
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,484
  • Gross Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.129
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : LORENZO RAYMOND
  • Previous Owner : GLUCK KATHLEEN JOYCE
  • Previous Owner 2: BURBACH BARBARA ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 031903

Geography

  • District: 04
  • Parcel: 04 00359-0000-00013
  • Block: 359
  • Lot: 13
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6636
  • Longitude: -74.2274

    Address

  • Full Address: 324 Pennington St
  • Address - House Number: 324
  • Address - Street Name: Pennington
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C025
  • 4-Digit Zip Code: 1204
  • Zip Code: 07202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,955

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 666,375
  • High Value: 820,737
  • Low Value: 512,012

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,155
  • First Open Lien Mortgage Lender: METLIFE HOME LOANS
  • First Open Lien Mortgage Recording Date: Mar 08, 2011
  • First Open Lien Mortgage Loan Amount: $263,155
  • 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: Mar 01, 2041

    Market Valuation

  • Market Total Value: $44,400
  • Market Land Value: $10,300
  • Market Improvement Value: $34,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,400
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $34,100

    Sales

  • Current Sale Contract Date: Feb 28, 2011
  • Current Sale Recording Date: Mar 08, 2011
  • Current Sale Transaction ID: 1166168295
  • Current Sale Price: $270,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 222218

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Mar 08, 2011
  • First Mortgage Loan Amount: $263,155
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2041

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Frequently Asked Questions

What neighborhood is 324 Pennington Street located in?
The 324 Pennington Street is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 324 Pennington Street?
The average sales price for units in 324 Pennington Street is $0 currently.

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