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397 1st Avenue

397 1st Avenue, Manasquan, NJ 08736
Property in Manasquan
Sold May 06, 2020
$400,000
$260,000 by Homebridge Financial Services
Mortgage Due May 01, 2050
Sold Jan 02, 1996
$70,000
397 1st Avenue has been categorized by the local assessors in Manasquan, NJ as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 397 1st Avenue has 1,856 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 397 1st Avenue sold most recently in Apr 29, 2020 for a total of $400,000. If you work out the math, that's approximately a cost of $215.52 per sqft. Before that, the property was also sold for $70,000 in Dec 27, 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 $11,544 in taxes each year. 397 1st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $674,700. If we break it down further, the land itself was valued at $474,700. Improvements to the property, however, were assessed at a total of $200,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TIMBER COMPANY
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STINSON EDWARD E
  • Current Owner 2: STINSON GWEN T
  • Previous Owner : TIETZ JOEL FORD
  • Previous Owner 2: STINSON GWEN T
  • Owner Before Previous Owner: AMERICAN TIMBER CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manasquan Borough School District
  • Census Tract: 809302

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: TAX MAP 33
  • Account Number: 00031270
  • District: 29
  • Parcel: 29 00186- 01-00011
  • Block: 186.01
  • Lot: 11
  • Municipality: MANASQUAN BORO
  • Latitude: 40.1052
  • Longitude: -74.0354

    Address

  • Full Address: 397 1st Ave
  • Address - House Number: 397
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C011
  • 4-Digit Zip Code: 3910
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,544

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,272,436
  • High Value: 1,498,343
  • Low Value: 1,046,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 06, 2020
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $674,700
  • Market Land Value: $474,700
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,700
  • Assessed Land Value: $474,700
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Transaction ID: 11761250050
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020047669
  • Previous Sale Recording Date: Jan 02, 1996
  • Previous Sale Contract Date: Dec 27, 1995
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 06, 2020
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Manasquan



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Frequently Asked Questions

What neighborhood is 397 1st Avenue located in?
The 397 1st Avenue is a located in the neighborhood of Manasquan in Manasquan, Manasquan.
What is the average sales price for listings in 397 1st Avenue?
The average sales price for units in 397 1st Avenue is $0 currently.

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