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327 Elizabeth Avenue

327 Elizabeth Avenue, Somerset, NJ 08873
Property in Somerset
Sold May 01, 2009
$323,000
$238,000 by Bank Of America Na
Mortgage Due May 01, 2039
Sold Sep 18, 2006
$320,000
$256,000 by Bear Stearns Res Mtg Corp
Mortgage
Local assessors in Somerset, NJ have categorized 327 Elizabeth Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 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 327 Elizabeth Avenue has a total of 1,438 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. 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, 327 Elizabeth Avenue was last sold in Apr 24, 2009 for $323,000. According to our calculations, that's $224.62 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Jul 11, 2006. Current property owners are expected to pay $7,033 in taxes per year. The property on 327 Elizabeth Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $364,200. To break that down further, the land itself was valued at $256,800. While improvements to the property were assessed at a total of $107,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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: 1958
  • Effective Year Built: 1958
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,438
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOULEVARD PLAZA
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L25

Ownership

  • Current Owner : TOTTTEN VINCENT H
  • Current Owner 2: TOTTEN MARIA ISABEL
  • Previous Owner : PONTE FELIX
  • Owner Before Previous Owner: BARNETT BRYAN WESLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053501

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 9502
  • District: 08
  • Parcel: 08 00493- 01-00024
  • Block: 493.01
  • Lot: 24
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5469
  • Longitude: -74.533

    Address

  • Full Address: 327 Elizabeth Ave
  • Address - House Number: 327
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C009
  • 4-Digit Zip Code: 7002
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,033

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 442,666
  • High Value: 514,308
  • Low Value: 371,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 01, 2009
  • First Open Lien Mortgage Loan Amount: $238,000
  • 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: May 01, 2039

    Market Valuation

  • Market Total Value: $360,202
  • Market Land Value: $253,981
  • Market Improvement Value: $106,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,200
  • Assessed Land Value: $256,800
  • Assessed Improvements Value: $107,400

    Sales

  • Current Sale Contract Date: Apr 24, 2009
  • Current Sale Recording Date: May 01, 2009
  • Current Sale Transaction ID: 11475935382
  • Current Sale Price: $323,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2009020879
  • Previous Sale Recording Date: Sep 18, 2006
  • Previous Sale Contract Date: Jul 11, 2006
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 01, 2009
  • First Mortgage Loan Amount: $238,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: BEAR STEARNS RES MTG CORP
  • Previous Mortgage Transaction Date: Sep 18, 2006
  • Previous Mortgage Loan Amount: $256,000

About Franklin Center



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Frequently Asked Questions

What neighborhood is 327 Elizabeth Avenue located in?
The 327 Elizabeth Avenue is a located in the neighborhood of Somerset in Franklin Center, Somerset.
What is the average sales price for listings in 327 Elizabeth Avenue?
The average sales price for units in 327 Elizabeth Avenue is $0 currently.

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