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331 North Burlington Street

331 North Burlington Street, Gloucester City, NJ 08030
Property in Camden
Sold Jun 02, 2022
$180,000
$175,757 by Prosperity Home Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Mar 05, 2022
$60,000
Local assessors in Gloucester City, NJ have categorized 331 North Burlington Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 1,228 square feet. The linear feet between the front and back of the lot was measured at 820 ft and the front of the lot was measured at 150 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 331 North Burlington Street has a total of 1,410 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 331 North Burlington Street sold most recently in May 6, 2022 for a total of $180,000. If you work out the math, that's approximately a cost of $127.66 per sqft. Before that, the property was also sold for $60,000 in Dec 28, 2021. 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 $5,870 in taxes each year. 331 North Burlington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $117,300. If we break it down further, the land itself was valued at $11,900. Improvements to the property, however, were assessed at a total of $105,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,228
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.028
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLLAZO TAISHA
  • Current Owner 2: COLLAZO JOSE
  • Previous Owner : LAWN MUSCLE LLC
  • Owner Before Previous Owner: DUNN JR CHARLES J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloucester City School District
  • Census Tract: 611000

Geography

  • Assessors Map Reference: TAX MAP 1
  • Account Number: 00005100
  • District: 14
  • Parcel: 14 00012-0000-00003
  • Block: 12
  • Lot: 3
  • Municipality: GLOUCESTER CITY
  • Latitude: 39.9022
  • Longitude: -75.1206

    Address

  • Full Address: 331 N Burlington St
  • Address - House Number: 331
  • Street Direction: N
  • Address - Street Name: Burlington
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Gloucester City
  • Carrier Code: C004
  • 4-Digit Zip Code: 1008
  • Zip Code: 08030

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,870

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 188,454
  • High Value: 237,028
  • Low Value: 139,880

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $185,757
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $175,757
  • 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: Jun 01, 2052
  • Second Open Lien Mortgage Lender: NEW JERSEY HOUSING & MTG FIN
  • Second Open Lien Mortgage Recording Date: Jun 02, 2022
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $117,300
  • Market Land Value: $11,900
  • Market Improvement Value: $105,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,300
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $105,400

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11891674534
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 56963
  • Previous Sale Recording Date: Mar 05, 2022
  • Previous Sale Contract Date: Dec 28, 2021
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $175,757
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052
  • Second Mortgage Lender: NEW JERSEY HOUSING & MTG FIN
  • Second Mortgage Transaction Date: Jun 02, 2022
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Loan Due Date: May 06, 2027

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Frequently Asked Questions

What neighborhood is 331 North Burlington Street located in?
The 331 North Burlington Street is a located in the neighborhood of Camden in Gloucester City, Gloucester City.
What is the average sales price for listings in 331 North Burlington Street?
The average sales price for units in 331 North Burlington Street is $0 currently.

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