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43 Melrose Drive

43 Melrose Drive, Toms River, NJ 08753
House in Ocean
Sold Oct 15, 2020
$305,000
Seller
$275,500 by Advisors Mortgage Group Llc
Mortgage Due Nov 01, 2050
Sold Jun 07, 2019
$123,000
43 Melrose Drive has been categorized by the local assessors in Toms River, NJ as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 43 Melrose Drive has 1,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,120 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,754 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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 concrete block control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of concrete block. In terms of heating, the home is utilizing gas. The property was last sold in Oct 6, 2020 for $305,000. That's $272.32 per sqft. Prior to that sales transaction, the property was also sold in May 16, 2019 for $123,000. 43 Melrose Drive was last assessed in 2023. The total value of the property was assessed at $291,900. Specifically, the land the property is located on was valued at $118,000. While improvements on the property were assessed at a total of $173,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,872. The initial tax year of delinquency was in 2018. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,754
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF TOMS RIVER BUILDING COMPANY
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 53

Ownership

  • Current Owner : NEILL RILEY O
  • Previous Owner : THAI THOMAS
  • Owner Before Previous Owner: RANDOM PROPERTIES ACQUISITON CORP III
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723100

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 75
  • District: 08
  • Parcel: 08 00654- 02-00052
  • Block: 654.02
  • Lot: 52
  • Municipality: DOVER TWP
  • Latitude: 39.9593
  • Longitude: -74.194

    Address

  • Full Address: 43 Melrose Dr
  • Address - House Number: 43
  • Address - Street Name: Melrose
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C002
  • 4-Digit Zip Code: 7634
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,872
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 424,791
  • High Value: 516,470
  • Low Value: 333,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,500
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $291,900
  • Market Land Value: $118,000
  • Market Improvement Value: $173,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,900
  • Assessed Land Value: $118,000
  • Assessed Improvements Value: $173,900

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11793664264
  • Current Sale Price: $305,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020117998
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: May 16, 2019
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Toms River



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Frequently Asked Questions

What neighborhood is 43 Melrose Drive located in?
The 43 Melrose Drive is a house located in the neighborhood of Ocean in Toms River, Toms River.
What is the average sales price for listings in 43 Melrose Drive?
The average sales price for units in 43 Melrose Drive is $0 currently.

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