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40 East Canal Street

40 East Canal Street, Alloway, NJ 08001
Property in Salem
Sold Sep 19, 2018
$224,000
$219,942 by Trident Mortgage Company
Mortgage Due Sep 19, 2048
Sold Nov 23, 2005
$210,000
$168,000 by Oak Mortgage Co
Mortgage Due Dec 01, 2035
40 East Canal Street in Alloway, NJ was first built in 1955 and is 69 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 ranch/rambler style. It is a single story home. 40 East Canal Street has 1,362 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 10,890 square feet.

Learn more about the property and building on this page. 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 brick control joints. The exterior walls of the home are made of brick. 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, 40 East Canal Street sold most recently in Jul 27, 2018 for a total of $224,000. If you work out the math, that's approximately a cost of $164.46 per sqft. Before that, the property was also sold for $210,000 in Nov 21, 2005. 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 $4,830 in taxes each year. 40 East Canal Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,700. If we break it down further, the land itself was valued at $55,400. Improvements to the property, however, were assessed at a total of $96,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,362
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CLARK DANIEL
  • Previous Owner : DICKEY JUSTIN J
  • Previous Owner 2: DICKEY ALLISON
  • Owner Before Previous Owner: AYARS BROCK D
  • Owner Before Previous Owner 2: AYARS SUSAN R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alloway Township School District
  • Census Tract: 021201

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 01
  • Parcel: 01 00055-0000-00005
  • Block: 55
  • Lot: 5
  • Municipality: ALLOWAY TOWNSHIP
  • Latitude: 39.5633
  • Longitude: -75.3593

    Address

  • Full Address: 40 E Canal St
  • Address - House Number: 40
  • Street Direction: E
  • Address - Street Name: Canal
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Alloway
  • Carrier Code: R777
  • 4-Digit Zip Code: 2038
  • Zip Code: 08001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,830

    Appraisal Valuation

  • Standard Deviation: 0.2687
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 308,960
  • High Value: 391,997
  • Low Value: 225,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,942
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Sep 19, 2018
  • First Open Lien Mortgage Loan Amount: $219,942
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 19, 2048

    Market Valuation

  • Market Total Value: $151,700
  • Market Land Value: $55,400
  • Market Improvement Value: $96,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,700
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $96,300

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Sep 19, 2018
  • Current Sale Transaction ID: 11521632077
  • Current Sale Price: $224,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 000000133780
  • Previous Sale Recording Date: Nov 23, 2005
  • Previous Sale Contract Date: Nov 21, 2005
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY
  • First Mortgage Transaction Date: Sep 19, 2018
  • First Mortgage Loan Amount: $219,942
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: OAK MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 23, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Alloway



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Frequently Asked Questions

What neighborhood is 40 East Canal Street located in?
The 40 East Canal Street is a located in the neighborhood of Salem in Alloway, Alloway.
What is the average sales price for listings in 40 East Canal Street?
The average sales price for units in 40 East Canal Street is $0 currently.

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