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7 Royal Avenue

7 Royal Avenue, Hawthorne, NJ 07506
Multifamily in Passaic
Local assessors in Hawthorne, NJ have categorized 7 Royal Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 6,912 square feet. 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 7 Royal Avenue has a total of 1,872 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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 Royal Avenue sold most recently in Feb 27, 2020 for a total of $520,000. If you work out the math, that's approximately a cost of $277.78 per sqft. Before that, the property was also sold for $360,000 in Sep 30, 2019. 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 $14,061 in taxes each year. 7 Royal Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $476,600. If we break it down further, the land itself was valued at $137,200. Improvements to the property, however, were assessed at a total of $339,400. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190822 Unit 2
08/22/2019
2
5 Bed
2 Bath
-
$424,000
bedrooms
5 Bed
bathrooms
2 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,912
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VELEZ FRANCISCO JAVIER
  • Current Owner 2: CASTILLO SHARON ARLENE
  • Previous Owner : KALASA HOME BUILDERS L L C
  • Owner Before Previous Owner: TESTA LINDA
  • Owner Before Previous Owner 2: ESTATE OF ROLAND TESTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hawthorne Borough School District
  • Census Tract: 143400

Zoning

  • Zoning: R-2

Geography

  • District: 04
  • Parcel: 04 00029-0000-00001
  • Block: 29
  • Lot: 1
  • Municipality: HAWTHORNE BORO
  • Latitude: 40.9462
  • Longitude: -74.1534

    Address

  • Full Address: 7 Royal Ave
  • Address - House Number: 7
  • Address - Street Name: Royal
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hawthorne
  • Carrier Code: C018
  • 4-Digit Zip Code: 1916
  • Zip Code: 07506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,061

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 75
  • Final Value: 618,655
  • High Value: 734,781
  • Low Value: 502,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,581
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Loan Amount: $510,581
  • 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, 2050

    Market Valuation

  • Market Total Value: $476,600
  • Market Land Value: $137,200
  • Market Improvement Value: $339,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $476,600
  • Assessed Land Value: $137,200
  • Assessed Improvements Value: $339,400

    Sales

  • Current Sale Contract Date: Feb 27, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Transaction ID: 11767895104
  • Current Sale Price: $520,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020014808
  • Previous Sale Recording Date: Oct 03, 2019
  • Previous Sale Contract Date: Sep 30, 2019
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 23, 2020
  • First Mortgage Loan Amount: $510,581
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

About Hawthorne



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Frequently Asked Questions

What neighborhood is 7 Royal Avenue located in?
The 7 Royal Avenue is a multifamily located in the neighborhood of Passaic in Hawthorne, Hawthorne.
What is the average sales price for listings in 7 Royal Avenue?
The average sales price for units in 7 Royal Avenue is $0 currently.

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