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6 Margaret Street

6 Margaret Street, Cliffwood, NJ 07721
Property in Monmouth
Sold Jun 09, 2021
$529,900
$503,405 by Millenium Home Mortgage Llc
Mortgage Due Jun 01, 2051
6 Margaret Street has been categorized by the local assessors in Cliffwood, NJ as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6 Margaret Street has 2,264 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,172 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 6 Margaret Street sold most recently in May 4, 2021 for a total of $529,900. If you work out the math, that's approximately a cost of $234.05 per sqft. 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 $12,282 in taxes each year. 6 Margaret Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $566,500. If we break it down further, the land itself was valued at $207,700. Improvements to the property, however, were assessed at a total of $358,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,172
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,264
  • Building Area: 2,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NAUGHTON SEAN
  • Current Owner 2: DASHOW ERICA
  • Previous Owner : MILER CLARICE
  • Previous Owner 2: MILER KEVIN L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802600

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 01
  • Parcel: 01 00197-0000-00001- 02
  • Block: 197
  • Lot: 1.02
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4392
  • Longitude: -74.2352

    Address

  • Full Address: 6 Margaret St
  • Address - House Number: 6
  • Address - Street Name: Margaret
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Cliffwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1187
  • Zip Code: 07721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,282

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 658,840
  • High Value: 811,617
  • Low Value: 506,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,405
  • First Open Lien Mortgage Lender: MILLENIUM HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $503,405
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $566,500
  • Market Land Value: $207,700
  • Market Improvement Value: $358,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $566,500
  • Assessed Land Value: $207,700
  • Assessed Improvements Value: $358,800

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Transaction ID: 11840604713
  • Current Sale Price: $529,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021091567

    Last Sale Mortgage

  • First Mortgage Lender: MILLENIUM HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 09, 2021
  • First Mortgage Loan Amount: $503,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Monmouth



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77 Salem Place, Cliffwood, NJ, 07721 Listing by Qizhan Yao

Frequently Asked Questions

What neighborhood is 6 Margaret Street located in?
The 6 Margaret Street is a located in the neighborhood of Monmouth in Monmouth, Cliffwood.
What is the average sales price for listings in 6 Margaret Street?
The average sales price for units in 6 Margaret Street is $0 currently.

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