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343 Richard Way

343 Richard Way, Plainfield, NJ 07062
Property in Somerset
Sold Jun 30, 2004
$213,900
$171,000 by Sovereign Bank
Mortgage Due Jun 30, 2034
343 Richard Way has been categorized by the local assessors in Plainfield, NJ as a residential type of property. The building on the property was first built in 1951 and is 73 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 343 Richard Way has 1,125 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jun 16, 2004 for $213,900. That's $190.13 per sqft. 343 Richard Way was last assessed in 2023. The total value of the property was assessed at $190,000. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $90,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,073. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ENDARA GEOVANNI
  • Current Owner 2: CASTRO INES
  • Previous Owner : DUFFIN JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Plainfield Borough School District
  • Census Tract: 052001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 2
  • Account Number: S001
  • District: 14
  • Parcel: 14 00004- 02-00013
  • Block: 4.02
  • Lot: 13
  • Municipality: NORTH PLAINFIELD BORO
  • Latitude: 40.6356
  • Longitude: -74.4227

    Address

  • Full Address: 343 Richard Way
  • Address - House Number: 343
  • Address - Street Name: Richard
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: North Plainfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 2409
  • Zip Code: 07062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,073

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 375,285
  • High Value: 439,329
  • Low Value: 311,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: SOVEREIGN BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2004
  • First Open Lien Mortgage Loan Amount: $171,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2034

    Market Valuation

  • Market Total Value: $278,307
  • Market Land Value: $146,477
  • Market Improvement Value: $131,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $90,000

    Sales

  • Current Sale Contract Date: Jun 16, 2004
  • Current Sale Recording Date: Jun 30, 2004
  • Current Sale Transaction ID: 1131889517
  • Current Sale Price: $213,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BANK
  • First Mortgage Transaction Date: Jun 30, 2004
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 343 Richard Way located in?
The 343 Richard Way is a located in the neighborhood of Somerset in North Plainfield, Plainfield.
What is the average sales price for listings in 343 Richard Way?
The average sales price for units in 343 Richard Way is $0 currently.

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