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56 2nd Avenue

56 2nd Avenue, Port Reading, NJ 07064
Property in Middlesex
Sold Jul 11, 2022
$600,000
$570,000 by Municipal Credit Union
Mortgage Due Jul 01, 2052
Sold Dec 17, 2014
$399,900
$386,553 by Jersey Mortgage Co
Mortgage Due Dec 01, 2044
56 2nd Avenue in Port Reading, NJ was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. 56 2nd Avenue has 1,968 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. The exterior walls of the home are made of alum/vinyl siding. 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, 56 2nd Avenue sold most recently in Jun 20, 2022 for a total of $600,000. If you work out the math, that's approximately a cost of $304.88 per sqft. Before that, the property was also sold for $399,900 in Nov 14, 2014. 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 $13,574 in taxes each year. 56 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,600. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $89,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOYNTON BEACH HEIGHTS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRANCA JOSEPH
  • Current Owner 2: COX RASHEDA
  • Previous Owner : MIRANDA
  • Previous Owner 2: FLAVIA
  • Owner Before Previous Owner: SOUTH PINE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 002901

Geography

  • Assessors Map Reference: TAX MAP 84
  • Account Number: 30282
  • District: 25
  • Parcel: 25 00632-0000-00112- 02
  • Block: 632
  • Lot: 112.02
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5646
  • Longitude: -74.2604

    Address

  • Full Address: 56 2nd Ave
  • Address - House Number: 56
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Port Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1920
  • Zip Code: 07064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,574

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 611,073
  • High Value: 717,485
  • Low Value: 504,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: MUNICIPAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 11, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $107,600
  • Market Land Value: $18,000
  • Market Improvement Value: $89,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,600
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $89,600

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Transaction ID: 11892310285
  • Current Sale Price: $600,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 62718
  • Previous Sale Recording Date: Dec 17, 2014
  • Previous Sale Contract Date: Nov 14, 2014
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUNICIPAL CREDIT UNION
  • First Mortgage Transaction Date: Jul 11, 2022
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JERSEY MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 17, 2014
  • Previous Mortgage Loan Amount: $386,553
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2044

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Frequently Asked Questions

What neighborhood is 56 2nd Avenue located in?
The 56 2nd Avenue is a located in the neighborhood of Middlesex in Port Reading, Port Reading.
What is the average sales price for listings in 56 2nd Avenue?
The average sales price for units in 56 2nd Avenue is $0 currently.

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