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385 Ferrell Road

385 Ferrell Road, Mullica Hill, NJ 08062
Property in Gloucester
Refi Sep 21, 2022
Transfer
Owner
$100,000 by Citizens Bank Na
Mortgage Due Sep 07, 2047
Local assessors in Mullica Hill, NJ have categorized 385 Ferrell Road as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 65,340 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 385 Ferrell Road has a total of 3,072 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $12,756 in taxes per year. The property on 385 Ferrell Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $422,100. To break that down further, the land itself was valued at $93,000. While improvements to the property were assessed at a total of $329,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 3,300
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Rural/agricultural residence

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Harrison Township School District
  • Census Tract: 502100

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: TAX MAP 34
  • District: 16
  • Parcel: 16 00024-0000-00016- 01
  • Block: 24
  • Lot: 16.01
  • Municipality: SO HARRISON TWP
  • Latitude: 39.6762
  • Longitude: -75.2238

    Address

  • Full Address: 385 Ferrell Rd
  • Address - House Number: 385
  • Address - Street Name: Ferrell
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Mullica Hill
  • Carrier Code: R001
  • 4-Digit Zip Code: 4515
  • Zip Code: 08062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,756

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 699,114
  • High Value: 821,597
  • Low Value: 576,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 07, 2047

    Market Valuation

  • Market Total Value: $561,079
  • Market Land Value: $123,621
  • Market Improvement Value: $437,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,100
  • Assessed Land Value: $93,000
  • Assessed Improvements Value: $329,100

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Frequently Asked Questions

What neighborhood is 385 Ferrell Road located in?
The 385 Ferrell Road is a located in the neighborhood of Gloucester in Gloucester, Mullica Hill.
What is the average sales price for listings in 385 Ferrell Road?
The average sales price for units in 385 Ferrell Road is $0 currently.

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