Sold Dec 13, 2021
$700,000
Buyer
Seller
$560,000
by Millenium Home Mortgage Llc
Mortgage Due Dec 01, 2036
Sold Sep 28, 1995
$240,000
Buyer
Seller
$192,000
by 1st Town Mtg
Mortgage
349 Ferry Street in Newark, NJ was first built in 1996 and is 28 years old.
This has been categorized as a residential property type.
349 Ferry Street has 2,786 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 4 square feet.
Learn more about the property and building on this page. 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, 349 Ferry Street sold most recently in Nov 3, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $251.26 per sqft. Before that, the property was also sold for $240,000 in Sep 7, 1995. 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 $10,991 in taxes each year. 349 Ferry Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $294,200. If we break it down further, the land itself was valued at $78,500. Improvements to the property, however, were assessed at a total of $215,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
Learn more about the property and building on this page. 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, 349 Ferry Street sold most recently in Nov 3, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $251.26 per sqft. Before that, the property was also sold for $240,000 in Sep 7, 1995. 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 $10,991 in taxes each year. 349 Ferry Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $294,200. If we break it down further, the land itself was valued at $78,500. Improvements to the property, however, were assessed at a total of $215,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.