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402 Gloucester Avenue

402 Gloucester Avenue, Magnolia, NJ 08049
Property in Camden
Sold Mar 02, 2022
$253,000
Buyer
Seller
$240,000 by American Neighborhood Mortgage
Mortgage Due Feb 01, 2052
Sold Nov 26, 2007
$38,650
$225,000 by M & T Bank
Mortgage
402 Gloucester Avenue has been categorized by the local assessors in Magnolia, NJ as a residential type of property. The building on the property was first built in 2007 and is 17 years old. In addition, 402 Gloucester Avenue has 1,280 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 402 Gloucester Avenue was last sold in Jan 14, 2022 for $253,000. According to our calculations, that's $197.66 per sqft. Prior to that sales transaction, the property was sold for $38,650 in Oct 30, 2007. Current property owners are expected to pay $7,939 in taxes per year. The property on 402 Gloucester Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $169,500. To break that down further, the land itself was valued at $41,600. While improvements to the property were assessed at a total of $127,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Building Style

Bungalow
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 402 GLOUCESTER AVE
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOMAS JOHN
  • Previous Owner : LAUREN WYNNE
  • Owner Before Previous Owner: DYMOND JOSEPH A
  • Owner Before Previous Owner 2: DYMOND MARYANN P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sterling High School School District
  • Census Tract: 607300

Geography

  • District: 23
  • Parcel: 23 00003- 07-00021
  • Block: 3.07
  • Lot: 21
  • Municipality: MAGNOLIA BORO
  • Latitude: 39.8521
  • Longitude: -75.0304

    Address

  • Full Address: 402 Gloucester Ave
  • Address - House Number: 402
  • Address - Street Name: Gloucester
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Magnolia
  • Carrier Code: C003
  • 4-Digit Zip Code: 1023
  • Zip Code: 08049

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,939

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 312,462
  • High Value: 386,745
  • Low Value: 238,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 02, 2022
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $169,500
  • Market Land Value: $41,600
  • Market Improvement Value: $127,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,500
  • Assessed Land Value: $41,600
  • Assessed Improvements Value: $127,900

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Transaction ID: 11884488435
  • Current Sale Price: $253,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 24447
  • Previous Sale Recording Date: Nov 26, 2007
  • Previous Sale Contract Date: Oct 30, 2007
  • Previous Sale Amount: $38,650
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Mortgage Transaction Date: Mar 02, 2022
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Nov 26, 2007
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Magnolia



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Frequently Asked Questions

What neighborhood is 402 Gloucester Avenue located in?
The 402 Gloucester Avenue is a located in the neighborhood of Camden in Magnolia, Magnolia.
What is the average sales price for listings in 402 Gloucester Avenue?
The average sales price for units in 402 Gloucester Avenue is $0 currently.

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