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416 River Terrace

416 River Terrace, Toms River, NJ 08755
Property in Ocean
Sold Feb 15, 2022
$405,000
$355,000 by Advisors Mortgage Group Llc
Mortgage Due Jan 01, 2052
416 River Terrace in Toms River, NJ was first built in 1965 and is 59 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 bi-level style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 416 River Terrace has 1,934 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 900 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. There is one available parking space. 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. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 416 River Terrace sold most recently in Dec 3, 2021 for a total of $405,000. If you work out the math, that's approximately a cost of $209.41 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 $4,868 in taxes each year. 416 River Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $291,700. If we break it down further, the land itself was valued at $96,000. Improvements to the property, however, were assessed at a total of $195,700. 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: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Bi-level
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,934
  • Building Area: 1,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,934
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORALES JUAN R
  • Current Owner 2: MORALES TONI ANN
  • Previous Owner : KENNETH FITZPATRICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723000

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 6003
  • District: 08
  • Parcel: 08 00534- 02-00045
  • Block: 534.02
  • Lot: 45
  • Municipality: DOVER TWP
  • Latitude: 39.9576
  • Longitude: -74.2189

    Address

  • Full Address: 416 River Ter
  • Address - House Number: 416
  • Address - Street Name: River
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C027
  • 4-Digit Zip Code: 7316
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,868

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 473,645
  • High Value: 600,422
  • Low Value: 346,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Loan Amount: $355,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $291,700
  • Market Land Value: $96,000
  • Market Improvement Value: $195,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,700
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $195,700

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Transaction ID: 11880207135
  • Current Sale Price: $405,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19987

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Feb 15, 2022
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Toms River



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Frequently Asked Questions

What neighborhood is 416 River Terrace located in?
The 416 River Terrace is a located in the neighborhood of Ocean in Toms River, Toms River.
What is the average sales price for listings in 416 River Terrace?
The average sales price for units in 416 River Terrace is $0 currently.

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