Sold Mar 11, 2005
$600,000
Seller
$384,000
by Princeton Mortgage Corp
Mortgage Due Apr 01, 2035
Sold Jun 15, 1994
$266,500
Seller
48 Marion Avenue in New Providence, NJ was first built in 1993 and is 31 years old.
This has been categorized as a residential property type.
48 Marion Avenue has 1,950 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.
In total, the area measurement of the land is 7,710 square feet.
Learn more about the property and building on this page. 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, 48 Marion Avenue sold most recently in Mar 8, 2005 for a total of $600,000. If you work out the math, that's approximately a cost of $307.69 per sqft. Before that, the property was also sold for $266,500 in Jun 8, 1994. 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 $14,425 in taxes each year. 48 Marion Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,100. If we break it down further, the land itself was valued at $99,800. Improvements to the property, however, were assessed at a total of $188,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
Learn more about the property and building on this page. 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, 48 Marion Avenue sold most recently in Mar 8, 2005 for a total of $600,000. If you work out the math, that's approximately a cost of $307.69 per sqft. Before that, the property was also sold for $266,500 in Jun 8, 1994. 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 $14,425 in taxes each year. 48 Marion Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,100. If we break it down further, the land itself was valued at $99,800. Improvements to the property, however, were assessed at a total of $188,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
48 Marion Avenue, New Providence, NJ 07974
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