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701 8th Avenue

701 8th Avenue, Absecon, NJ 08205
Property in Atlantic
Sold Dec 15, 2003
$248,900
$160,000 by Somerset Savings Bank Sla
Mortgage Due Oct 01, 2030
701 8th Avenue 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 1974 and is 50 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 701 8th Avenue has 2,600 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 8,462 ft and across the front of the lot is 1,125 ft. The area measurement of the land has been determined as 95,196 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The property was last sold in Oct 2, 2003 for $248,900. That's $95.73 per sqft. 701 8th Avenue was last assessed in 2023. The total value of the property was assessed at $198,800. Specifically, the land the property is located on was valued at $56,300. While improvements on the property were assessed at a total of $142,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,133. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 95,196
  • Lot Size Depth Feet: 8,462
  • Lot Size Frontage Feet: 1,125
  • Total Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.185
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COHEN HOWARD S
  • Current Owner 2: COHEN MADONNA
  • Previous Owner : STEWART PATRICK H
  • Previous Owner 2: STEWART MARY E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Galloway Township School District
  • Census Tract: 010506

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 11
  • Parcel: 11 00914-0000-00012- 02
  • Block: 914
  • Lot: 12.02
  • Municipality: GALLOWAY TOWNSHIP
  • Latitude: 39.4469
  • Longitude: -74.5153

    Address

  • Full Address: 701 8th Ave
  • Address - House Number: 701
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Galloway
  • Carrier Code: R503
  • 4-Digit Zip Code: 4036
  • Zip Code: 08205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,133

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 406,108
  • High Value: 500,731
  • Low Value: 311,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SOMERSET SAVINGS BANK SLA
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2030

    Market Valuation

  • Market Total Value: $198,800
  • Market Land Value: $56,300
  • Market Improvement Value: $142,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,800
  • Assessed Land Value: $56,300
  • Assessed Improvements Value: $142,500

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2003
  • Current Sale Recording Date: Dec 15, 2003
  • Current Sale Transaction ID: 1099315767
  • Current Sale Price: $248,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3141931

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 15, 2003
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2033

About Atlantic



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Frequently Asked Questions

What neighborhood is 701 8th Avenue located in?
The 701 8th Avenue is a located in the neighborhood of Atlantic in Atlantic, Absecon.
What is the average sales price for listings in 701 8th Avenue?
The average sales price for units in 701 8th Avenue is $0 currently.

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