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52 Algonquin Avenue

52 Algonquin Avenue, Lincoln Park, NJ 07035
Property in Morris
Sold Aug 21, 2020
$367,000
$197,000 by New Jersey Lenders Corp
Mortgage Due Aug 01, 2050
Sold Dec 09, 1997
$100,000
Local assessors in Lincoln Park, NJ have categorized 52 Algonquin Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 17,498 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,750 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 52 Algonquin Avenue has a total of 2,312 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. 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, 52 Algonquin Avenue sold most recently in Jul 28, 2020 for a total of $367,000. If you work out the math, that's approximately a cost of $158.74 per sqft. Before that, the property was also sold for $100,000 in Dec 1, 1997. 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 $11,812 in taxes each year. 52 Algonquin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $387,900. If we break it down further, the land itself was valued at $158,300. Improvements to the property, however, were assessed at a total of $229,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,498
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 2,312
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW GROVE
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CAPPIELLO GERI A
  • Previous Owner : ROBINSON JESSICA
  • Previous Owner 2: GARBERA WILLIAM
  • Owner Before Previous Owner: CARROZZA LOUIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Park Borough School District
  • Census Tract: 040102

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 16
  • Parcel: 16 00075-0000-00030
  • Block: 75
  • Lot: 30
  • Municipality: LINCOLN PARK BORO
  • Latitude: 40.9135
  • Longitude: -74.2852

    Address

  • Full Address: 52 Algonquin Ave
  • Address - House Number: 52
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lincoln Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 2203
  • Zip Code: 07035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,812

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 580,616
  • High Value: 684,696
  • Low Value: 476,537

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $197,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $470,125
  • Market Land Value: $191,856
  • Market Improvement Value: $278,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,900
  • Assessed Land Value: $158,300
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11785200997
  • Current Sale Price: $367,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020055832
  • Previous Sale Recording Date: Dec 09, 1997
  • Previous Sale Contract Date: Dec 01, 1997
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $197,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Lincoln Park



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Frequently Asked Questions

What neighborhood is 52 Algonquin Avenue located in?
The 52 Algonquin Avenue is a located in the neighborhood of Morris in Lincoln Park, Lincoln Park.
What is the average sales price for listings in 52 Algonquin Avenue?
The average sales price for units in 52 Algonquin Avenue is $0 currently.

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