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34 Arch Street

34 Arch Street, Butler, NJ 07405
Property in Morris
Sold Jun 06, 2007
$370,000
$270,680 by Real Estate Mortgage Network I
Mortgage Due Feb 01, 2042
Sold Sep 15, 2003
$262,500
$100,000 by Abacus Federal Sav
Mortgage
Local assessors in Butler, NJ have categorized 34 Arch Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 6,251 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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 34 Arch Street has a total of 1,486 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. 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, 34 Arch Street sold most recently in May 29, 2007 for a total of $370,000. If you work out the math, that's approximately a cost of $248.99 per sqft. Before that, the property was also sold for $262,500 in Aug 11, 2003. 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 $8,811 in taxes each year. 34 Arch Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $332,000. If we break it down further, the land itself was valued at $181,300. Improvements to the property, however, were assessed at a total of $150,700. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL RAHUL
  • Current Owner 2: PATEL KALPESH
  • Previous Owner : CHEN YUN RUI
  • Previous Owner 2: LIU BI XIA
  • Owner Before Previous Owner: WHEALAN JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Butler Borough School District
  • Census Tract: 040500

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 03
  • Parcel: 03 00025-0000-00061
  • Block: 25
  • Lot: 61
  • Municipality: BUTLER BORO
  • Latitude: 41.0059
  • Longitude: -74.3394

    Address

  • Full Address: 34 Arch St
  • Address - House Number: 34
  • Address - Street Name: Arch
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Butler
  • Carrier Code: C001
  • 4-Digit Zip Code: 1002
  • Zip Code: 07405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,811

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 462,321
  • High Value: 544,327
  • Low Value: 380,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,680
  • First Open Lien Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • First Open Lien Mortgage Recording Date: Jan 31, 2012
  • First Open Lien Mortgage Loan Amount: $270,680
  • 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: Feb 01, 2042

    Market Valuation

  • Market Total Value: $340,409
  • Market Land Value: $185,892
  • Market Improvement Value: $154,517

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,000
  • Assessed Land Value: $181,300
  • Assessed Improvements Value: $150,700

    Sales

  • Current Sale Contract Date: May 29, 2007
  • Current Sale Recording Date: Jun 06, 2007
  • Current Sale Transaction ID: 1192456447
  • Current Sale Price: $370,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2007051568
  • Previous Sale Recording Date: Sep 15, 2003
  • Previous Sale Contract Date: Aug 11, 2003
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 06, 2007
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: ABACUS FEDERAL SAV
  • Previous Mortgage Transaction Date: Sep 15, 2003
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 34 Arch Street located in?
The 34 Arch Street is a located in the neighborhood of Morris in Butler, Butler.
What is the average sales price for listings in 34 Arch Street?
The average sales price for units in 34 Arch Street is $0 currently.

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