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705 Taft Avenue

705 Taft Avenue, Plainfield, NJ 07063
Property in Somerset
Sold Oct 22, 2015
$280,000
$407,000 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2053
705 Taft Avenue has been categorized by the local assessors in Plainfield, NJ as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The building has a total of 2 stories. In addition, 705 Taft Avenue has 1,966 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 720 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,857 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 705 Taft Avenue was last sold in Oct 16, 2015 for $280,000. According to our calculations, that's $142.42 per sqft. Current property owners are expected to pay $11,047 in taxes per year. The property on 705 Taft Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,000. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $180,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,857
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,966
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.387
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AYALA JONNY
  • Current Owner 2: LOPEZ AYALA ANA L
  • Previous Owner : EDMOND CAMILLE
  • Previous Owner 2: ARTY EDMOND MARIE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Plainfield Borough School District
  • Census Tract: 051900

Geography

  • Account Number: S001
  • District: 14
  • Parcel: 14 00189-0000-00013
  • Block: 189
  • Lot: 13
  • Municipality: NORTH PLAINFIELD BORO
  • Latitude: 40.6041
  • Longitude: -74.4554

    Address

  • Full Address: 705 Taft Ave
  • Address - House Number: 705
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: North Plainfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1632
  • Zip Code: 07063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,047

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 480,268
  • High Value: 554,165
  • Low Value: 406,370

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $407,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 11, 2023
  • First Open Lien Mortgage Loan Amount: $407,000
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $380,841
  • Market Land Value: $117,182
  • Market Improvement Value: $263,659

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Oct 16, 2015
  • Current Sale Recording Date: Oct 22, 2015
  • Current Sale Transaction ID: 1414751631
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015044674

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN SAVINGS BANK FSB
  • First Mortgage Transaction Date: Oct 22, 2015
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Plainfield



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Frequently Asked Questions

What neighborhood is 705 Taft Avenue located in?
The 705 Taft Avenue is a located in the neighborhood of Somerset in North Plainfield, Plainfield.
What is the average sales price for listings in 705 Taft Avenue?
The average sales price for units in 705 Taft Avenue is $0 currently.

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