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7 Crater Avenue

7 Crater Avenue, Wharton, NJ 07885
Property in Morris
Sold Feb 23, 2009
$369,900
$365,082 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2039
Sold Oct 23, 2008
$250,000
7 Crater Avenue in Wharton, NJ was first built in 1930 and is 94 years old. This has been categorized as a residential property type. It is a single story home. 7 Crater Avenue has 2,109 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,001 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 7 Crater Avenue sold most recently in Feb 12, 2009 for a total of $369,900. If you work out the math, that's approximately a cost of $175.39 per sqft. Before that, the property was also sold for $250,000 in Oct 20, 2008. 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 $11,524 in taxes each year. 7 Crater Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $384,900. If we break it down further, the land itself was valued at $106,500. Improvements to the property, however, were assessed at a total of $278,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORALES EDGARDO M
  • Current Owner 2: PENA SANDY M
  • Previous Owner : TUCKER KENNETH
  • Previous Owner 2: TUCKER CHRISTINE
  • Owner Before Previous Owner: PLEDGED PROPERTY II LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wharton Borough School District
  • Census Tract: 045100

Zoning

  • Zoning: R-65

Geography

  • District: 39
  • Parcel: 39 01902-0000-00012
  • Block: 1902
  • Lot: 12
  • Municipality: WHARTON BORO
  • Latitude: 40.8891
  • Longitude: -74.5843

    Address

  • Full Address: 7 Crater Ave
  • Address - House Number: 7
  • Address - Street Name: Crater
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wharton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2001
  • Zip Code: 07885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,524

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 563,000
  • High Value: 660,864
  • Low Value: 465,136

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $458,919
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 23, 2009
  • First Open Lien Mortgage Loan Amount: $365,082
  • 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: Mar 01, 2039
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Feb 11, 2014
  • Second Open Lien Mortgage Loan Amount: $93,837
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2044

    Market Valuation

  • Market Total Value: $406,570
  • Market Land Value: $112,496
  • Market Improvement Value: $294,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,900
  • Assessed Land Value: $106,500
  • Assessed Improvements Value: $278,400

    Sales

  • Current Sale Contract Date: Feb 12, 2009
  • Current Sale Recording Date: Feb 23, 2009
  • Current Sale Transaction ID: 1192498692
  • Current Sale Price: $369,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009011195
  • Previous Sale Recording Date: Oct 23, 2008
  • Previous Sale Contract Date: Oct 20, 2008
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 23, 2009
  • First Mortgage Loan Amount: $365,082
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2039

About Wharton



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Frequently Asked Questions

What neighborhood is 7 Crater Avenue located in?
The 7 Crater Avenue is a located in the neighborhood of Morris in Wharton, Wharton.
What is the average sales price for listings in 7 Crater Avenue?
The average sales price for units in 7 Crater Avenue is $0 currently.

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