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709 New Market Avenue

709 New Market Avenue, South Plainfield, NJ 07080
Property in Middlesex
Sold Aug 03, 2022
$465,000
$456,577 by Crosscountry Mortgage Llc
Mortgage Due Aug 01, 2052
Sold May 17, 2005
$330,000
$264,000 by Accredited Home Lenders Inc
Mortgage Due May 01, 2035
709 New Market Avenue in South Plainfield, NJ was first built in 1922 and is 102 years old. This has been categorized as a residential property type. There are a total of 2 floors. 709 New Market Avenue has 2,700 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 980. In total, the area measurement of the land is 4,900 square feet.

Learn more about the property and building on this page. 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 other control joints. The exterior walls of the home are made of stucco. 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, 709 New Market Avenue was last sold in Jul 5, 2022 for $465,000. According to our calculations, that's $172.22 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Apr 29, 2005. Current property owners are expected to pay $5,936 in taxes per year. The property on 709 New Market Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,000. To break that down further, the land itself was valued at $22,700. While improvements to the property were assessed at a total of $67,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1922
  • Effective Year Built: 1922
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,900
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,700
  • Building Area: 2,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF PLAINFIELD TERRACE
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRITO JOEL
  • Previous Owner : GLENN THIMONS JR
  • Owner Before Previous Owner: TOCA WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Plainfield Borough School District
  • Census Tract: 001003

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 22
  • Parcel: 22 00315-0000-00029
  • Block: 315
  • Lot: 29
  • Municipality: SOUTH PLAINFIELD BORO
  • Latitude: 40.5776
  • Longitude: -74.4205

    Address

  • Full Address: 709 New Market Ave
  • Address - House Number: 709
  • Address - Street Name: New Market
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: South Plainfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 2740
  • Zip Code: 07080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,936

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 554,246
  • High Value: 601,761
  • Low Value: 506,732

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,577
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $456,577
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $22,700
  • Market Improvement Value: $67,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $67,300

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11894452848
  • Current Sale Price: $465,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 69657
  • Previous Sale Recording Date: May 17, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $456,577
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ACCREDITED HOME LENDERS INC
  • Previous Mortgage Transaction Date: May 17, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $264,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2035

About South Plainfield



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Frequently Asked Questions

What neighborhood is 709 New Market Avenue located in?
The 709 New Market Avenue is a located in the neighborhood of Middlesex in South Plainfield, South Plainfield.
What is the average sales price for listings in 709 New Market Avenue?
The average sales price for units in 709 New Market Avenue is $0 currently.

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