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78 West 55th Street

78 West 55th Street, Bayonne, NJ 07002
Property in Bayonne
Sold Apr 19, 2021
$580,000
$569,494 by Nations Lending Corp
Mortgage Due May 01, 2051
Sold Jul 16, 2015
$370,000
$333,000 by The Federal Savings Bank
Mortgage Due Aug 01, 2045
Local assessors in Bayonne, NJ have categorized 78 West 55th Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,500 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 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 3 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 78 West 55th Street has a total of 2,822 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. 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 home's a heating system is the primary heating source. 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, 78 West 55th Street sold most recently in Apr 1, 2021 for a total of $580,000. If you work out the math, that's approximately a cost of $205.53 per sqft. Before that, the property was also sold for $370,000 in Jul 10, 2015. 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 $13,493 in taxes each year. 78 West 55th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $502,900. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $322,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,822
  • Building Area: 2,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRULLON HERVING
  • Current Owner 2: GRULLON ESTEFANIA
  • Previous Owner : DIAZ MARIO
  • Previous Owner 2: GRULLON GERALDINE T
  • Owner Before Previous Owner: GEBRAIL GEORGE M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bayonne City School District
  • Census Tract: 010100

Zoning

  • Zoning: R2

Geography

  • Account Number: 10440006
  • District: 01
  • Parcel: 01 00030-0000-00036
  • Block: 30
  • Lot: 36
  • Municipality: BAYONNE CITY
  • Latitude: 40.6872
  • Longitude: -74.1032

    Address

  • Full Address: 78 W 55th St
  • Address - House Number: 78
  • Street Direction: W
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Bayonne
  • Carrier Code: C028
  • 4-Digit Zip Code: 3309
  • Zip Code: 07002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,493

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 703,306
  • High Value: 887,776
  • Low Value: 518,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $569,494
  • First Open Lien Mortgage Lender: NATIONS LENDING CORP
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $569,494
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $502,900
  • Market Land Value: $180,000
  • Market Improvement Value: $322,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,900
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11836027021
  • Current Sale Price: $580,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20210419010030540
  • Previous Sale Recording Date: Jul 16, 2015
  • Previous Sale Contract Date: Jul 10, 2015
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS LENDING CORP
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $569,494
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 16, 2015
  • Previous Mortgage Loan Amount: $333,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 78 West 55th Street located in?
The 78 West 55th Street is a located in the neighborhood of Bayonne in Bayonne, Bayonne.
What is the average sales price for listings in 78 West 55th Street?
The average sales price for units in 78 West 55th Street is $0 currently.

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