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505 South 1st Road

505 South 1st Road, Hammonton, NJ 08037
Property in Atlantic
Sold Oct 21, 2021
$349,000
$279,200 by Tam Lending Center Inc
Mortgage Due Oct 01, 2051
Sold Oct 05, 2001
$173,655
$60,000 by Wells Fargo Home Mtg Inc
Mortgage Due Oct 01, 2031
Local assessors in Hammonton, NJ have categorized 505 South 1st Road as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 22,046 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 1,670 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 South 1st Road has a total of 1,764 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Sep 16, 2021 for $349,000. That's $197.85 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2001 for $173,655. 505 South 1st Road was last assessed in 2023. The total value of the property was assessed at $271,700. Specifically, the land the property is located on was valued at $64,600. While improvements on the property were assessed at a total of $207,100. 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 $7,398. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,046
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,670
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.506
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PERNA TRISHA M
  • Previous Owner : ANGELLO DOROTHY M
  • Owner Before Previous Owner: JOSEPH CONTINISIO BUILDERS INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hammonton Town School District
  • Census Tract: 011000

Zoning

  • Zoning: R3

Geography

  • District: 13
  • Parcel: 13 03715-0000-00004- 03
  • Block: 3715
  • Lot: 4.03
  • Municipality: HAMMONTON TOWN
  • Latitude: 39.6195
  • Longitude: -74.7958

    Address

  • Full Address: 505 S 1st Rd
  • Address - House Number: 505
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hammonton
  • Carrier Code: R003
  • 4-Digit Zip Code: 8405
  • Zip Code: 08037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,398

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 452,324
  • High Value: 563,019
  • Low Value: 341,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,200
  • First Open Lien Mortgage Lender: TAM LENDING CENTER INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $279,200
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $271,700
  • Market Land Value: $64,600
  • Market Improvement Value: $207,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,700
  • Assessed Land Value: $64,600
  • Assessed Improvements Value: $207,100

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11870262786
  • Current Sale Price: $349,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021062237
  • Previous Sale Recording Date: Oct 05, 2001
  • Previous Sale Contract Date: Sep 28, 2001
  • Previous Sale Amount: $173,655
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TAM LENDING CENTER INC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $279,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Oct 05, 2001
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Hammonton



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Unit for rent at 220 Pratt St, HAMMONTON, NJ, 08037

$1,900 /mo

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220 Pratt St #B, HAMMONTON, NJ, 08037 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 505 South 1st Road located in?
The 505 South 1st Road is a located in the neighborhood of Atlantic in Hammonton, Hammonton.
What is the average sales price for listings in 505 South 1st Road?
The average sales price for units in 505 South 1st Road is $0 currently.

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