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8 Sussex Place

8 Sussex Place, Jackson, NJ 08527
Property in Ocean
Sold Dec 14, 2021
$635,000
$603,250 by First Savings Bank
Mortgage Due Jan 01, 2052
Sold Jul 17, 2009
$435,000
$398,351 by Mid Island Mortgage Corp
Mortgage Due Jul 01, 2039
Local assessors in Jackson, NJ have categorized 8 Sussex Place as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 25,700 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 8 Sussex Place has a total of 2,412 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 1,401 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 attached 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. 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, 8 Sussex Place was last sold in Dec 8, 2021 for $635,000. According to our calculations, that's $263.27 per sqft. Prior to that sales transaction, the property was sold for $435,000 in Jun 16, 2009. Current property owners are expected to pay $10,760 in taxes per year. The property on 8 Sussex Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $428,500. To break that down further, the land itself was valued at $102,800. While improvements to the property were assessed at a total of $325,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,401
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,412
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RABINOWITZ JACOB
  • Current Owner 2: FISHOFF MARILYN
  • Previous Owner : SCALA BIAJA M
  • Previous Owner 2: LONCZAK ALBERT
  • Owner Before Previous Owner: PANAGADAN JAGATH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 52
  • District: 12
  • Parcel: 12 05204-0000-00021
  • Block: 5204
  • Lot: 21
  • Municipality: JACKSON TWP
  • Latitude: 40.1415
  • Longitude: -74.2879

    Address

  • Full Address: 8 Sussex Pl
  • Address - House Number: 8
  • Address - Street Name: Sussex
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 1275
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,760

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 817,391
  • High Value: 987,922
  • Low Value: 646,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $603,250
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $603,250
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $428,500
  • Market Land Value: $102,800
  • Market Improvement Value: $325,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,500
  • Assessed Land Value: $102,800
  • Assessed Improvements Value: $325,700

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11875221219
  • Current Sale Price: $635,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021177124
  • Previous Sale Recording Date: Jul 17, 2009
  • Previous Sale Contract Date: Jun 16, 2009
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS BANK
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $603,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MID ISLAND MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 17, 2009
  • Previous Mortgage Loan Amount: $398,351
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Ocean



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Frequently Asked Questions

What neighborhood is 8 Sussex Place located in?
The 8 Sussex Place is a located in the neighborhood of Ocean in Ocean, Jackson.
What is the average sales price for listings in 8 Sussex Place?
The average sales price for units in 8 Sussex Place is $0 currently.

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