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561 Walnut Street

561 Walnut Street, Elizabeth, NJ 07201
Property in Union
Sold Nov 24, 2020
$435,000
Sold Jul 18, 2011
$150,000
$146,197 by Wcs Lending Llc
Mortgage Due Jul 01, 2041
561 Walnut Street has been categorized by the local assessors in Elizabeth, NJ as a residential type of property. The building on the property was first built in 1910 and is 114 years old. In addition, 561 Walnut Street has 2,172 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 1,850 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 4,626 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Nov 4, 2020 for $435,000. That's $200.28 per sqft. Prior to that sales transaction, the property was also sold in Jul 5, 2011 for $150,000. 561 Walnut Street was last assessed in 2023. The total value of the property was assessed at $32,400. Specifically, the land the property is located on was valued at $7,600. While improvements on the property were assessed at a total of $24,800. 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 $10,183. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,626
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,172
  • Gross Building Area: 2,172
  • Building Area: 2,172
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.106
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : KENDALL LEON G
  • Previous Owner : KAISER STUART
  • Previous Owner 2: KAISER VALERIE
  • Owner Before Previous Owner: PINHEIRO MARCO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 031400

Geography

  • District: 04
  • Parcel: 04 00240-0000-00017
  • Block: 240
  • Lot: 17
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6746
  • Longitude: -74.2088

    Address

  • Full Address: 561 Walnut St
  • Address - House Number: 561
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C019
  • 4-Digit Zip Code: 1104
  • Zip Code: 07201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,183

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 600,242
  • High Value: 741,087
  • Low Value: 459,398

    Market Valuation

  • Market Total Value: $32,400
  • Market Land Value: $7,600
  • Market Improvement Value: $24,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,400
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $24,800

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11814895540
  • Current Sale Price: $435,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 330527
  • Previous Sale Recording Date: Jul 18, 2011
  • Previous Sale Contract Date: Jul 05, 2011
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $420,481
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WCS LENDING LLC
  • Previous Mortgage Transaction Date: Jul 18, 2011
  • Previous Mortgage Loan Amount: $146,197
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2041

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Frequently Asked Questions

What neighborhood is 561 Walnut Street located in?
The 561 Walnut Street is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 561 Walnut Street?
The average sales price for units in 561 Walnut Street is $0 currently.

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