Check Availability

749 Drake Avenue

749 Drake Avenue, Roselle, NJ 07203
Property in Union
Sold Aug 16, 2022
$485,000
$339,500 by Silver Hill Funding Llc
Mortgage Due Sep 01, 2052
Sold Feb 04, 2022
$267,000
$3,000,000 by Manasquan Bank
Mortgage
749 Drake Avenue has been categorized by the local assessors in Roselle, NJ as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The building has a total of 2 stories. In addition, 749 Drake Avenue has 855 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. 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 concrete block control joints. The exterior walls of the building are made of stucco. The property was last sold in Aug 8, 2022 for $485,000. That's $567.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 28, 2022 for $267,000. 749 Drake Avenue was last assessed in 2023. The total value of the property was assessed at $100,200. Specifically, the land the property is located on was valued at $56,000. While improvements on the property were assessed at a total of $44,200. 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 $8,494. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 855
  • Building Area: 855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: DEED 21435.

Ownership

  • Current Owner : AYW REALTY LLC
  • Previous Owner : HIGH JUMP REALTY LLC
  • Owner Before Previous Owner: SHERIFF OF THE COUNTY OF UNION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Roselle Borough School District
  • Census Tract: 034400

Zoning

  • Zoning: RA

Geography

  • Account Number: 2311
  • District: 14
  • Parcel: 14 01103-0000-00024
  • Block: 1103
  • Lot: 24
  • Municipality: ROSELLE BORO
  • Latitude: 40.6525
  • Longitude: -74.2486

    Address

  • Full Address: 749 Drake Ave
  • Address - House Number: 749
  • Address - Street Name: Drake
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Roselle
  • Carrier Code: C015
  • 4-Digit Zip Code: 2217
  • Zip Code: 07203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,494

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 422,254
  • High Value: 512,498
  • Low Value: 332,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,500
  • First Open Lien Mortgage Lender: SILVER HILL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Loan Amount: $339,500
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $100,200
  • Market Land Value: $56,000
  • Market Improvement Value: $44,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,200
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $44,200

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Transaction ID: 11894937194
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21435
  • Previous Sale Recording Date: Feb 04, 2022
  • Previous Sale Contract Date: Jan 28, 2022
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVER HILL FUNDING LLC
  • First Mortgage Transaction Date: Aug 16, 2022
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MANASQUAN BANK
  • Previous Mortgage Transaction Date: Feb 04, 2022
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Roselle



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 400 Knopf St, Linden City, NJ, 07036

$3,100 /mo

  • 3 Beds
  • 1 Bath
400 Knopf St, Linden City, NJ, 07036 Listing by JOCELYNE HOLDEN
Unit for rent at 88 Dayton St, Elizabeth City, NJ, 07202

$2,850 /mo

  • 3 Beds
  • 2 Baths
88 Dayton St, Elizabeth City, NJ, 07202 Listing by EDGAR OSMA
Unit for rent at 1184 Union Street, Linden, NJ, 07036

$3,000 /mo

  • 3 Beds
  • 2 Baths
1184 Union Street #2, Linden, NJ, 07036 Listing by SEAN HANSEN
Unit for rent at 423 N Wood Ave, Linden City, NJ, 07036

$3,000 /mo

  • Studio
423 N Wood Ave, Linden City, NJ, 07036 Listing by CAROL MARIE MENENDEZ
Unit for rent at 940 Oak St, Roselle Boro, NJ, 07203

$3,350 /mo

  • 4 Beds
  • 2 Baths
940 Oak St, Roselle Boro, NJ, 07203 Listing by JEFFREY BROOKMAN
Unit for rent at 242 W Grand St, Elizabeth City, NJ, 07202

$3,000 /mo

  • 3 Beds
  • 2 Baths
242 W Grand St #3, Elizabeth City, NJ, 07202 Listing by JENNY PANAGAKOS
Unit for rent at 722 Jersey Ave, Elizabeth City, NJ, 07202

$3,000 /mo

  • 3 Beds
  • 2 Baths
722 Jersey Ave #2, Elizabeth City, NJ, 07202 Listing by JEFFREY BROOKMAN

Frequently Asked Questions

What neighborhood is 749 Drake Avenue located in?
The 749 Drake Avenue is a located in the neighborhood of Union in Roselle, Roselle.
What is the average sales price for listings in 749 Drake Avenue?
The average sales price for units in 749 Drake Avenue is $0 currently.

Quantcast