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622 Franklin Boulevard

622 Franklin Boulevard, Absecon, NJ 08201
Property in Atlantic
Sold Mar 31, 2017
$87,000
$85,424 by Homebridge Financial Services
Mortgage Due Apr 01, 2047
622 Franklin Boulevard has been categorized by the local assessors in Absecon, NJ as a residential type of property. The building on the property was first built in 1925 and is 99 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 622 Franklin Boulevard has 1,620 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 1,400 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,000 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, 622 Franklin Boulevard sold most recently in Feb 3, 2017 for a total of $87,000. If you work out the math, that's approximately a cost of $53.70 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 $4,995 in taxes each year. 622 Franklin Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,100. If we break it down further, the land itself was valued at $54,200. Improvements to the property, however, were assessed at a total of $96,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY SIDE SEC 22
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALVARADO REINALDO
  • Previous Owner : WILMINGTON SAVINGS FUND SOCIETY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Absecon City School District
  • Census Tract: 010300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 31
  • District: 01
  • Parcel: 01 00297-0000-00017
  • Block: 297
  • Lot: 17
  • Municipality: ABSECON CITY
  • Latitude: 39.4148
  • Longitude: -74.4998

    Address

  • Full Address: 622 Franklin Blvd
  • Address - House Number: 622
  • Address - Street Name: Franklin
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Absecon
  • Carrier Code: C018
  • 4-Digit Zip Code: 2717
  • Zip Code: 08201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,995

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 96,013
  • High Value: 138,092
  • Low Value: 53,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,424
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 31, 2017
  • First Open Lien Mortgage Loan Amount: $85,424
  • 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: Apr 01, 2047

    Market Valuation

  • Market Total Value: $151,100
  • Market Land Value: $54,200
  • Market Improvement Value: $96,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,100
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $96,900

    Sales

  • Current Sale Contract Date: Feb 03, 2017
  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Transaction ID: 1807071049
  • Current Sale Price: $87,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2017019593

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 31, 2017
  • First Mortgage Loan Amount: $85,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

About Absecon



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  • 1,500 ft²
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Frequently Asked Questions

What neighborhood is 622 Franklin Boulevard located in?
The 622 Franklin Boulevard is a located in the neighborhood of Atlantic in Absecon, Absecon.
What is the average sales price for listings in 622 Franklin Boulevard?
The average sales price for units in 622 Franklin Boulevard is $0 currently.

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