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501 East Florence Circle

501 East Florence Circle, Farmingdale, NJ 07727
Property in Monmouth
Sold Feb 12, 2020
$117,588
Sold Apr 08, 2019
$117,588
$105,800 by Santander Bank Na
Mortgage Due Apr 01, 2049
501 East Florence Circle has been categorized by the local assessors in Farmingdale, NJ as a residential type of property. The area measurement of the land has been determined as 828 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. 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, 501 East Florence Circle sold most recently in Jan 7, 2020 for a total of $117,588. Before that, the property was also sold for $117,588 in Mar 8, 2019. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,415 in taxes each year. 501 East Florence Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,900. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $106,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 828
  • 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: Residential
  • Subdivision: THE COVE
  • Land Acres: 0.019
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: RESTRICTED

Ownership

  • Current Owner : WANG WENSHAN
  • Current Owner 2: WANG ZHIYING
  • Previous Owner : MOSS LEIGH
  • Owner Before Previous Owner: AB CNC AFFORDABLES LLC

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811102

Zoning

  • Zoning: PRC

Geography

  • Assessors Map Reference: TAX MAP 8.45
  • Account Number: 07020633
  • District: 21
  • Parcel: 21 00182-0000-00633
  • Block: 182
  • Lot: 633
  • Municipality: HOWELL TWP
  • Latitude: 40.2245
  • Longitude: -74.1748

    Address

  • Full Address: 501 E Florence Cir
  • Address - House Number: 501
  • Street Direction: E
  • Address - Street Name: Florence
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Farmingdale
  • Carrier Code: R006
  • 4-Digit Zip Code: 4366
  • Zip Code: 07727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,415

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 192,746
  • High Value: 228,499
  • Low Value: 156,993

    Market Valuation

  • Market Total Value: $131,900
  • Market Land Value: $25,000
  • Market Improvement Value: $106,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,900
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $106,900

    Sales

  • Current Sale Contract Date: Jan 07, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11737627479
  • Current Sale Price: $117,588
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020016357
  • Previous Sale Recording Date: Apr 08, 2019
  • Previous Sale Contract Date: Mar 08, 2019
  • Previous Sale Amount: $117,588
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY HOUSING & MORTGAGE
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $57,412
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Second

    Previous Mortgages

  • Previous Mortgage Lender: SANTANDER BANK NA
  • Previous Mortgage Transaction Date: Apr 08, 2019
  • Previous Mortgage Loan Amount: $105,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Monmouth



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 501 East Florence Circle located in?
The 501 East Florence Circle is a located in the neighborhood of Monmouth in Monmouth, Farmingdale.
What is the average sales price for listings in 501 East Florence Circle?
The average sales price for units in 501 East Florence Circle is $0 currently.

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