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7 Ramsgate Road

7 Ramsgate Road, Cranford, NJ 07016
Property in Union
Sold Jul 15, 2021
$850,000
$765,000 by Freedom Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Jul 20, 2005
$675,000
$425,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2035
7 Ramsgate Road has been categorized by the local assessors in Cranford, NJ as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The building has a total of 2 stories. In addition, 7 Ramsgate Road has 2,775 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,087 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. The exterior walls of the building are made of stucco. 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 Ramsgate Road sold most recently in Jun 14, 2021 for a total of $850,000. Before that, the property was also sold for $675,000 in Jul 13, 2005. 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 $16,668 in taxes each year. 7 Ramsgate Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,000. If we break it down further, the land itself was valued at $101,200. Improvements to the property, however, were assessed at a total of $148,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,087
  • Total Building Area: 0
  • Building Area: 2,775
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCCOURT BRIAN
  • Current Owner 2: GREEN KELLY
  • Previous Owner : HENDERSON CHRISTOPHER J
  • Previous Owner 2: HENDERSON TAMMIE
  • Owner Before Previous Owner: GATTO VICTOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cranford Township School District
  • Census Tract: 037100

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: 104200-1
  • District: 03
  • Parcel: 03 00162-0000-00036
  • Block: 162
  • Lot: 36
  • Municipality: CRANFORD TWP
  • Latitude: 40.6593
  • Longitude: -74.3165

    Address

  • Full Address: 7 Ramsgate Rd
  • Address - House Number: 7
  • Address - Street Name: Ramsgate
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Cranford
  • Carrier Code: C005
  • 4-Digit Zip Code: 1721
  • Zip Code: 07016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,668

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 1,024,699
  • High Value: 1,252,329
  • Low Value: 797,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $765,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $101,200
  • Market Improvement Value: $148,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,000
  • Assessed Land Value: $101,200
  • Assessed Improvements Value: $148,800

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843774322
  • Current Sale Price: $850,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6980
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jul 13, 2005
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 20, 2005
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 7 Ramsgate Road located in?
The 7 Ramsgate Road is a located in the neighborhood of Union in Union, Cranford.
What is the average sales price for listings in 7 Ramsgate Road?
The average sales price for units in 7 Ramsgate Road is $0 currently.

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