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723 John Terrace

723 John Terrace, Neptune, NJ 07753
Property in Neptune
Sold May 08, 2017
$210,500
$110,500 by Primary Residential Mortgage I
Mortgage Due May 01, 2032
Local assessors in Neptune, NJ have categorized 723 John Terrace as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 723 John Terrace has a total of 1,742 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 496 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 723 John Terrace sold most recently in May 4, 2017 for a total of $210,500. If you work out the math, that's approximately a cost of $120.84 per sqft. 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 $7,992 in taxes each year. 723 John Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $442,500. If we break it down further, the land itself was valued at $188,200. Improvements to the property, however, were assessed at a total of $254,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,742
  • Building Area: 1,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STOVALL JERMAINE
  • Previous Owner : FANNIE MAE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 47.4
  • Account Number: 00098596
  • District: 35
  • Parcel: 35 02504-0000-00005
  • Block: 2504
  • Lot: 5
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2231
  • Longitude: -74.0646

    Address

  • Full Address: 723 John Ter
  • Address - House Number: 723
  • Address - Street Name: John
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C028
  • 4-Digit Zip Code: 2826
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,992

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 485,420
  • High Value: 585,071
  • Low Value: 385,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,500
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: May 08, 2017
  • First Open Lien Mortgage Loan Amount: $110,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2032

    Market Valuation

  • Market Total Value: $442,500
  • Market Land Value: $188,200
  • Market Improvement Value: $254,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,500
  • Assessed Land Value: $188,200
  • Assessed Improvements Value: $254,300

    Sales

  • Current Sale Contract Date: May 04, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Transaction ID: 1811848290
  • Current Sale Price: $210,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017045886

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: May 08, 2017
  • First Mortgage Loan Amount: $110,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2032

About Neptune



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Frequently Asked Questions

What neighborhood is 723 John Terrace located in?
The 723 John Terrace is a located in the neighborhood of Neptune in Neptune, Neptune.
What is the average sales price for listings in 723 John Terrace?
The average sales price for units in 723 John Terrace is $0 currently.

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