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38 Gibraltar Court

38 Gibraltar Court, Barnegat, NJ 08005
Property in Ocean
Sold Sep 10, 2014
$122,000
$122,727 by Greenway Mortgage Funding Corp
Mortgage Due Sep 01, 2049
Sold Jun 04, 2010
$149,000
$119,200 by Oak Mortgage Company Llc
Mortgage Due Jun 01, 2040
38 Gibraltar Court in Barnegat, NJ was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 38 Gibraltar Court has 1,040 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 605 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 38 Gibraltar Court sold most recently in Aug 25, 2014 for a total of $122,000. If you work out the math, that's approximately a cost of $117.31 per sqft. Before that, the property was also sold for $149,000 in May 26, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,887 in taxes each year. 38 Gibraltar Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,500. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $57,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 605
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROSSWINDS CONDOMINIUM NUMBER 1
  • Land Acres: 0.013
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ROBERTS MICHAEL J
  • Current Owner 2: WUTSCH KRYSTLE E
  • Previous Owner : WILLIAMS TRACY J
  • Owner Before Previous Owner: GATTO JOSEPH G
  • Owner Before Previous Owner 2: GATTO MARY T
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734002

Zoning

  • Zoning: RMF

Geography

  • Assessors Map Reference: TAX MAP 104
  • District: 01
  • Parcel: 01 00208- 09-00030- 02-C
  • Block: 208.09
  • Lot: 30.02
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7629
  • Longitude: -74.2052

    Address

  • Full Address: 38 Gibraltar Ct
  • Address - House Number: 38
  • Address - Street Name: Gibraltar
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R004
  • 4-Digit Zip Code: 2518
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,887

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 237,146
  • High Value: 289,149
  • Low Value: 185,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,727
  • First Open Lien Mortgage Lender: GREENWAY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 16, 2019
  • First Open Lien Mortgage Loan Amount: $122,727
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $102,500
  • Market Land Value: $45,000
  • Market Improvement Value: $57,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,500
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $57,500

    Sales

  • Current Sale Contract Date: Aug 25, 2014
  • Current Sale Recording Date: Sep 10, 2014
  • Current Sale Transaction ID: 11475525858
  • Current Sale Price: $122,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014079137
  • Previous Sale Recording Date: Jun 04, 2010
  • Previous Sale Contract Date: May 26, 2010
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY LOANS LLC
  • First Mortgage Transaction Date: Sep 10, 2014
  • First Mortgage Loan Amount: $124,489
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: OAK MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jun 04, 2010
  • Previous Mortgage Loan Amount: $119,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Ocean



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Frequently Asked Questions

What neighborhood is 38 Gibraltar Court located in?
The 38 Gibraltar Court is a located in the neighborhood of Ocean in Ocean, Barnegat.
What is the average sales price for listings in 38 Gibraltar Court?
The average sales price for units in 38 Gibraltar Court is $0 currently.

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