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554 Elder Avenue

554 Elder Avenue, Phillipsburg, NJ 08865
House in Warren
Sold Jun 25, 2019
$181,000
$165,852 by Leader One Financial Corp
Mortgage Due Jul 01, 2049
554 Elder Avenue has been categorized by the local assessors in Phillipsburg, NJ as a residential type of property. The building on the property was first built in 1955 and is 69 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 554 Elder Avenue has 992 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,966 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The property was last sold in Jun 12, 2019 for $181,000. That's $182.46 per sqft. 554 Elder Avenue was last assessed in 2023. The total value of the property was assessed at $135,000. Specifically, the land the property is located on was valued at $43,000. While improvements on the property were assessed at a total of $92,000. 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 $5,600. 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.

Building Features

Exterior

Brick Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 992
  • Building Area: 992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: LIFE EST VOLPE,C & C

Ownership

  • Current Owner : MCMAHON JOSEPH
  • Previous Owner : VOLPE CHARLES J
  • Previous Owner 2: DECKER MARIANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phillipsburg Town School District
  • Census Tract: 030600

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 6
  • Account Number: 06002270
  • District: 19
  • Parcel: 19 00612-0000-00012
  • Block: 612
  • Lot: 12
  • Municipality: PHILLIPSBURG TOWN
  • Latitude: 40.697
  • Longitude: -75.1845

    Address

  • Full Address: 554 Elder Ave
  • Address - House Number: 554
  • Address - Street Name: Elder
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Phillipsburg
  • Carrier Code: C010
  • 4-Digit Zip Code: 1508
  • Zip Code: 08865

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,600

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 287,718
  • High Value: 351,657
  • Low Value: 223,779

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,852
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 25, 2019
  • First Open Lien Mortgage Loan Amount: $165,852
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $135,000
  • Market Land Value: $43,000
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Transaction ID: 11635220678
  • Current Sale Price: $181,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019-511991

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Jun 25, 2019
  • First Mortgage Loan Amount: $165,852
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 554 Elder Avenue located in?
The 554 Elder Avenue is a house located in the neighborhood of Warren in Phillipsburg, Phillipsburg.
What is the average sales price for listings in 554 Elder Avenue?
The average sales price for units in 554 Elder Avenue is $0 currently.

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