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460 Faraday Avenue

460 Faraday Avenue, Jackson, NJ 08527
Property in Ocean
460 Faraday Avenue has been categorized by the local assessors in Jackson, NJ as a commercial type of property. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 101,059 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. 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 other control joints. The exterior walls of the building are made of stucco. 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, 460 Faraday Avenue sold most recently in Jul 6, 2021 for a total of $4,300,000. Before that, the property was also sold for $2,300,000 in Nov 23, 2016. 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 $37,119 in taxes each year. 460 Faraday Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,468,900. If we break it down further, the land itself was valued at $580,000. Improvements to the property, however, were assessed at a total of $888,900. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 13
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 101,059
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.32
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: FACILITY NAME: IND/WHSE

Ownership

  • Current Owner : 460 FARADAY JACKSON LLC
  • Previous Owner : DFH 460 FARADAY HOLDINGS LLC
  • Owner Before Previous Owner: JD PROPERTY HOLDINGS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: I

Geography

  • Assessors Map Reference: TAX MAP 220
  • District: 12
  • Parcel: 12 22010-0000-00004- 01
  • Block: 22010
  • Lot: 4.01
  • Municipality: JACKSON TWP
  • Latitude: 40.0636
  • Longitude: -74.2559

    Address

  • Full Address: 460 Faraday Ave
  • Address - House Number: 460
  • Address - Street Name: Faraday
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 5072
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,655,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $3,655,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 06, 2051

    Market Valuation

  • Market Total Value: $1,468,900
  • Market Land Value: $580,000
  • Market Improvement Value: $888,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,468,900
  • Assessed Land Value: $580,000
  • Assessed Improvements Value: $888,900

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11859518253
  • Current Sale Price: $4,300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021143843
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Contract Date: Nov 23, 2016
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $3,655,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMERCE BANK
  • Previous Mortgage Transaction Date: Dec 08, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,725,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Ocean



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Frequently Asked Questions

What neighborhood is 460 Faraday Avenue located in?
The 460 Faraday Avenue is a located in the neighborhood of Ocean in Ocean, Jackson.
What is the average sales price for listings in 460 Faraday Avenue?
The average sales price for units in 460 Faraday Avenue is $0 currently.

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