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400 Melrose Avenue

400 Melrose Avenue, Maple Shade, NJ 08052
Property in Burlington
Sold Dec 22, 2005
$242,900
$122,900 by Aurora Financial Group Inc
Mortgage Due Jan 01, 2036
400 Melrose Avenue in Maple Shade, NJ was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. 400 Melrose Avenue has 1,620 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,200 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 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, 400 Melrose Avenue sold most recently in Dec 4, 2005 for a total of $242,900. If you work out the math, that's approximately a cost of $149.94 per sqft. 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 $6,064 in taxes each year. 400 Melrose Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $167,100. If we break it down further, the land itself was valued at $50,400. Improvements to the property, however, were assessed at a total of $116,700. 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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABRAMS WILLIAM C
  • Previous Owner : AMBROSE SHANA B
  • Previous Owner 2: AMBROSE TIMOTHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Maple Shade Township School District
  • Census Tract: 700402

Geography

  • Assessors Map Reference: TAX MAP 1
  • Account Number: 21375
  • District: 19
  • Parcel: 19 00014-0000-00032
  • Block: 14
  • Lot: 32
  • Municipality: MAPLE SHADE TWP
  • Latitude: 39.9608
  • Longitude: -75.0092

    Address

  • Full Address: 400 Melrose Ave
  • Address - House Number: 400
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Maple Shade
  • Carrier Code: C007
  • 4-Digit Zip Code: 2328
  • Zip Code: 08052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,064

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 73
  • Final Value: 298,332
  • High Value: 356,845
  • Low Value: 239,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,900
  • First Open Lien Mortgage Lender: AURORA FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 22, 2005
  • First Open Lien Mortgage Loan Amount: $122,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $167,100
  • Market Land Value: $50,400
  • Market Improvement Value: $116,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $167,100
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $116,700

    Sales

  • Current Sale Contract Date: Dec 04, 2005
  • Current Sale Recording Date: Dec 22, 2005
  • Current Sale Transaction ID: 1099698113
  • Current Sale Price: $242,900
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AURORA FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Dec 22, 2005
  • First Mortgage Loan Amount: $122,900
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 400 Melrose Avenue located in?
The 400 Melrose Avenue is a located in the neighborhood of Burlington in Burlington, Maple Shade.
What is the average sales price for listings in 400 Melrose Avenue?
The average sales price for units in 400 Melrose Avenue is $0 currently.

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