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632 7th Street

632 7th Street, Avalon, NJ 08202
Property in Cape May
Sold Apr 08, 1998
$325,000
$1,420,000 by Family First Funding Llc
Mortgage Due Jan 01, 2052
Local assessors in Avalon, NJ have categorized 632 7th Street as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 5,502 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 632 7th Street has a total of 969 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Apr 4, 1998 for $325,000. That's $335.40 per sqft. 632 7th Street was last assessed in 2023. The total value of the property was assessed at $1,873,800. Specifically, the land the property is located on was valued at $1,800,000. While improvements on the property were assessed at a total of $73,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,411. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 969
  • Building Area: 969
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 969
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WRIGHT MARTHA
  • Previous Owner : PALMER EDGAR S
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Avalon Borough School District
  • Census Tract: 020902

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: TAX MAP 35
  • District: 01
  • Parcel: 01 00007- 08-00148
  • Block: 7.08
  • Lot: 148
  • Municipality: AVALON BORO
  • Latitude: 39.115
  • Longitude: -74.7196

    Address

  • Full Address: 632 7th St
  • Address - House Number: 632
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Avalon
  • Carrier Code: C001
  • 4-Digit Zip Code: 2517
  • Zip Code: 08202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,411

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 3,260,203
  • High Value: 4,096,233
  • Low Value: 2,424,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,420,000
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $1,420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $2,750,330
  • Market Land Value: $2,642,008
  • Market Improvement Value: $108,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,873,800
  • Assessed Land Value: $1,800,000
  • Assessed Improvements Value: $73,800

    Sales

  • Current Sale Contract Date: Apr 04, 1998
  • Current Sale Recording Date: Apr 08, 1998
  • Current Sale Transaction ID: 1101460455
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STURDY SAVINGS BANK
  • First Mortgage Transaction Date: Apr 08, 1998
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360

About Avalon



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 632 7th Street located in?
The 632 7th Street is a located in the neighborhood of Cape May in Avalon, Avalon.
What is the average sales price for listings in 632 7th Street?
The average sales price for units in 632 7th Street is $0 currently.

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