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503 Powerville Road

503 Powerville Road, Boonton, NJ 07005
Property in Morris
Sold Apr 06, 2021
$430,000
$387,000 by Freedom Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Apr 15, 2009
$441,100
$396,990 by Coldwell Banker Home Loans
Mortgage Due May 01, 2039
503 Powerville Road in Boonton, NJ was first built in 1898 and is 126 years old. This has been categorized as a residential property type. There are a total of 2 floors. 503 Powerville Road has 2,080 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 143,748 square feet.

Learn more about the property and building on this page. 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. The property was last sold in Mar 18, 2021 for $430,000. That's $206.73 per sqft. Prior to that sales transaction, the property was also sold in Apr 8, 2009 for $441,100. 503 Powerville Road was last assessed in 2023. The total value of the property was assessed at $379,000. Specifically, the land the property is located on was valued at $206,600. While improvements on the property were assessed at a total of $172,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,388. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 143,748
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BAUER DANIEL
  • Current Owner 2: BREWER MARIE
  • Previous Owner : AMERES CHRISTOPHER
  • Previous Owner 2: AMERES ELENA
  • Owner Before Previous Owner: HONAN BRIAN
  • Owner Before Previous Owner 2: HONAN ANDREA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Boonton Township School District
  • Census Tract: 040900

Zoning

  • Zoning: R261

Geography

  • District: 02
  • Parcel: 02 21201-0000-00006
  • Block: 21201
  • Lot: 6
  • Municipality: BOONTON TWP
  • Latitude: 40.9454
  • Longitude: -74.4165

    Address

  • Full Address: 503 Powerville Rd
  • Address - House Number: 503
  • Address - Street Name: Powerville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Boonton
  • Carrier Code: R005
  • 4-Digit Zip Code: 9435
  • Zip Code: 07005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,388

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 532,801
  • High Value: 649,970
  • Low Value: 415,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,000
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $387,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $453,241
  • Market Land Value: $247,070
  • Market Improvement Value: $206,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,000
  • Assessed Land Value: $206,600
  • Assessed Improvements Value: $172,400

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11829434366
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021034247
  • Previous Sale Recording Date: Apr 15, 2009
  • Previous Sale Contract Date: Apr 08, 2009
  • Previous Sale Amount: $441,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $387,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER HOME LOANS
  • Previous Mortgage Transaction Date: Apr 15, 2009
  • Previous Mortgage Loan Amount: $396,990
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2039

About Morris



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Frequently Asked Questions

What neighborhood is 503 Powerville Road located in?
The 503 Powerville Road is a located in the neighborhood of Morris in Morris, Boonton.
What is the average sales price for listings in 503 Powerville Road?
The average sales price for units in 503 Powerville Road is $0 currently.

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