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723 Palmer Avenue

723 Palmer Avenue, Toms River, NJ 08755
Property in Ocean
Sold Mar 21, 2017
$615,000
$553,500 by Funding Resources Mortgage
Mortgage Due Mar 21, 2047
Sold Dec 29, 2004
$472,075
$200,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2019
Local assessors in Toms River, NJ have categorized 723 Palmer Avenue as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 15,943 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 723 Palmer Avenue has a total of 3,160 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 1,541 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The building has a gable style roof that was made of asphalt. 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 and it is being fueled with gas. 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, 723 Palmer Avenue was last sold in Mar 13, 2017 for $615,000. According to our calculations, that's $194.62 per sqft. Prior to that sales transaction, the property was sold for $472,075 in Oct 29, 2004. Current property owners are expected to pay $12,275 in taxes per year. The property on 723 Palmer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $735,900. To break that down further, the land itself was valued at $222,000. While improvements to the property were assessed at a total of $513,900. 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. 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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,541
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,943
  • Total Building Area: 3,160
  • Building Area: 3,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOKETCH DOVID M
  • Current Owner 2: LOKETCH ESTHER
  • Previous Owner : SCHWARTZ JOSHUA M
  • Previous Owner 2: SCHWARTZ JANET
  • Owner Before Previous Owner: KARA AT TALLYMAWR LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722001

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 08
  • Parcel: 08 00013- 06-00001
  • Block: 13.06
  • Lot: 1
  • Municipality: DOVER TWP
  • Latitude: 40.0569
  • Longitude: -74.2511

    Address

  • Full Address: 723 Palmer Ave
  • Address - House Number: 723
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R017
  • 4-Digit Zip Code: 1471
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,275

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 950,609
  • High Value: 1,149,736
  • Low Value: 751,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $553,500
  • First Open Lien Mortgage Lender: FUNDING RESOURCES MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 21, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $553,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 21, 2047

    Market Valuation

  • Market Total Value: $735,900
  • Market Land Value: $222,000
  • Market Improvement Value: $513,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,900
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $513,900

    Sales

  • Current Sale Contract Date: Mar 13, 2017
  • Current Sale Recording Date: Mar 21, 2017
  • Current Sale Transaction ID: 1806498678
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017029217
  • Previous Sale Recording Date: Dec 29, 2004
  • Previous Sale Contract Date: Oct 29, 2004
  • Previous Sale Amount: $472,075
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FUNDING RESOURCES MORTGAGE
  • First Mortgage Transaction Date: Mar 21, 2017
  • First Mortgage Loan Amount: $553,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 29, 2004
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2019

About Toms River



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 723 Palmer Avenue located in?
The 723 Palmer Avenue is a located in the neighborhood of Ocean in Toms River, Toms River.
What is the average sales price for listings in 723 Palmer Avenue?
The average sales price for units in 723 Palmer Avenue is $0 currently.

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