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383 Central Avenue

383 Central Avenue, New Providence, NJ 07974
Property in Union
Sold Dec 29, 2020
$500,000
$400,000 by Loandepot.com Llc
Mortgage Due Jan 01, 2051
Sold Sep 05, 2006
$425,000
$340,000 by Abn Amro Mortgage Group Inc
Mortgage Due Sep 01, 2036
Local assessors in New Providence, NJ have categorized 383 Central Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 27,181 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 383 Central Avenue has a total of 1,315 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, 383 Central Avenue sold most recently in Dec 18, 2020 for a total of $500,000. If you work out the math, that's approximately a cost of $380.23 per sqft. Before that, the property was also sold for $425,000 in Aug 28, 2006. 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 $12,347 in taxes each year. 383 Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $246,600. If we break it down further, the land itself was valued at $125,800. Improvements to the property, however, were assessed at a total of $120,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,181
  • Total Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.624
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIBERATO SALVATORE
  • Current Owner 2: MAHER MOLLY C
  • Previous Owner : REINHARDT ADAM C
  • Previous Owner 2: REINHARDT KRISTEN N
  • Owner Before Previous Owner: LOCKHART ROBERT RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Providence Borough School District
  • Census Tract: 038101

Zoning

  • Zoning: R2

Geography

  • Account Number: 00295400
  • District: 11
  • Parcel: 11 00270-0000-00009
  • Block: 270
  • Lot: 9
  • Municipality: NEW PROVIDENCE BORO
  • Latitude: 40.6993
  • Longitude: -74.3957

    Address

  • Full Address: 383 Central Ave
  • Address - House Number: 383
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C011
  • 4-Digit Zip Code: 2323
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,347

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 715,485
  • High Value: 870,633
  • Low Value: 560,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $246,600
  • Market Land Value: $125,800
  • Market Improvement Value: $120,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,600
  • Assessed Land Value: $125,800
  • Assessed Improvements Value: $120,800

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11815114341
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 331581
  • Previous Sale Recording Date: Sep 05, 2006
  • Previous Sale Contract Date: Aug 28, 2006
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Sep 05, 2006
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About New Providence



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Frequently Asked Questions

What neighborhood is 383 Central Avenue located in?
The 383 Central Avenue is a located in the neighborhood of Union in New Providence, New Providence.
What is the average sales price for listings in 383 Central Avenue?
The average sales price for units in 383 Central Avenue is $0 currently.

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