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617 Garfield Avenue

617 Garfield Avenue, Palmyra, NJ 08065
Property in Burlington
Sold Mar 21, 2002
$90,000
$70,000 by Cendant Mtg Corp
Mortgage Due Apr 01, 2032
Sold Oct 06, 1993
$125,500
$110,000 by Arbor National Mortgage
Mortgage
617 Garfield Avenue has been categorized by the local assessors in Palmyra, NJ as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The building has a total of 2 stories. In addition, 617 Garfield Avenue has 1,464 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 1,500 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,746 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 frame control joints. 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, 617 Garfield Avenue sold most recently in Mar 15, 2002 for a total of $90,000. If you work out the math, that's approximately a cost of $61.48 per sqft. Before that, the property was also sold for $125,500 in Sep 8, 1993. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,853 in taxes each year. 617 Garfield Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $117,400. If we break it down further, the land itself was valued at $42,800. Improvements to the property, however, were assessed at a total of $74,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,746
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHNEIDER KEITH
  • Current Owner 2: SCHNEIDER SUSAN
  • Previous Owner : HUNTER CLAIRE
  • Previous Owner 2: SANTEN FLORENCE
  • Owner Before Previous Owner: BUDWIN CLAUDE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palmyra Borough School District
  • Census Tract: 700102

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 27
  • Parcel: 27 00026-0000-00004
  • Block: 26
  • Lot: 4
  • Municipality: PALMYRA BORO
  • Latitude: 40.0036
  • Longitude: -75.0205

    Address

  • Full Address: 617 Garfield Ave
  • Address - House Number: 617
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Palmyra
  • Carrier Code: C001
  • 4-Digit Zip Code: 1910
  • Zip Code: 08065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,853

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 248,839
  • High Value: 291,481
  • Low Value: 206,197

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: CENDANT MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 21, 2002
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2032

    Market Valuation

  • Market Total Value: $117,400
  • Market Land Value: $42,800
  • Market Improvement Value: $74,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,400
  • Assessed Land Value: $42,800
  • Assessed Improvements Value: $74,600

    Sales

  • Current Sale Contract Date: Mar 15, 2002
  • Current Sale Recording Date: Mar 21, 2002
  • Current Sale Transaction ID: 1191596165
  • Current Sale Price: $90,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Oct 06, 1993
  • Previous Sale Contract Date: Sep 08, 1993
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENDANT MTG CORP
  • First Mortgage Transaction Date: Mar 21, 2002
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: ARBOR NATIONAL MORTGAGE
  • Previous Mortgage Transaction Date: Oct 06, 1993
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360

About Palmyra



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Frequently Asked Questions

What neighborhood is 617 Garfield Avenue located in?
The 617 Garfield Avenue is a located in the neighborhood of Burlington in Palmyra, Palmyra.
What is the average sales price for listings in 617 Garfield Avenue?
The average sales price for units in 617 Garfield Avenue is $0 currently.

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