361 Walnut Street

361 Walnut Street in Newark, NJ was first built in 1957 and is 67 years old. This has been categorized as a residential property type. There are a total of 3 floors. 361 Walnut Street has 3,990 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. The linear feet across the front of the lot is 321 ft and the linear feet between the front and back of the lot is 940. In total, the area measurement of the land is 3,019 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 361 Walnut Street was last sold in Jul 20, 2020 for $500,000. According to our calculations, that's $125.31 per sqft. Prior to that sales transaction, the property was sold for $70,500 in Apr 27, 1976. Current property owners are expected to pay $15,463 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 361 Walnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $413,900. To break that down further, the land itself was valued at $71,900. While improvements to the property were assessed at a total of $342,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.