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388 1st Street

388 1st Street, Hackensack, NJ 07601
Property in Bergen
Sold Aug 02, 2019
$275,000
$220,000 by Alterra Group Llc
Mortgage Due Aug 02, 2049
Sold Jul 27, 1995
$108,000
Local assessors in Hackensack, NJ have categorized 388 1st Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 166 square feet. The linear feet between the front and back of the lot was measured at 920 ft and the front of the lot was measured at 660 ft. 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 388 1st Street has a total of 2,182 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 388 1st Street sold most recently in Jul 11, 2019 for a total of $275,000. If you work out the math, that's approximately a cost of $126.03 per sqft. Before that, the property was also sold for $108,000 in Jul 12, 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 $9,398 in taxes each year. 388 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $357,500. If we break it down further, the land itself was valued at $140,600. Improvements to the property, however, were assessed at a total of $216,900. 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: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 166
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,182
  • Building Area: 2,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.004
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORQUECHO BLANCA N
  • Current Owner 2: MORQUECHO JOSE
  • Previous Owner : HANDONYEANI LORETTA
  • Previous Owner 2: ONYEANI ABBA
  • Owner Before Previous Owner: FLEMMING J ZISA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hackensack City School District
  • Census Tract: 023501

Geography

  • Account Number: 5145
  • District: 23
  • Parcel: 23 00424-0000-00017- 03
  • Block: 424
  • Lot: 17.03
  • Municipality: HACKENSACK CITY
  • Latitude: 40.8932
  • Longitude: -74.0471

    Address

  • Full Address: 388 1st St
  • Address - House Number: 388
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hackensack
  • Carrier Code: C046
  • 4-Digit Zip Code: 3558
  • Zip Code: 07601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,398

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 510,598
  • High Value: 613,571
  • Low Value: 407,626

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: ALTERRA GROUP LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2019
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 02, 2049

    Market Valuation

  • Market Total Value: $357,500
  • Market Land Value: $140,600
  • Market Improvement Value: $216,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,500
  • Assessed Land Value: $140,600
  • Assessed Improvements Value: $216,900

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Transaction ID: 11636336191
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19-050228
  • Previous Sale Recording Date: Jul 27, 1995
  • Previous Sale Contract Date: Jul 12, 1995
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALTERRA GROUP LLC
  • First Mortgage Transaction Date: Aug 02, 2019
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 388 1st Street located in?
The 388 1st Street is a located in the neighborhood of Bergen in Hackensack, Hackensack.
What is the average sales price for listings in 388 1st Street?
The average sales price for units in 388 1st Street is $0 currently.

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