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801 Franklin Street

801 Franklin Street, Clayton, NJ 08312
House in Gloucester
Sold Sep 27, 2017
$185,000
$181,649 by Gateway Mortgage Group Llc
Mortgage Due Oct 01, 2047
Sold Dec 07, 2016
$70,920
801 Franklin Street has been categorized by the local assessors in Clayton, NJ as a residential type of property. The building on the property was first built in 1974 and is 50 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 801 Franklin Street has 2,308 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 1,100 ft. The area measurement of the land has been determined as 10,999 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 frame control joints. 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, 801 Franklin Street sold most recently in Sep 19, 2017 for a total of $185,000. If you work out the math, that's approximately a cost of $80.16 per sqft. Before that, the property was also sold for $70,920 in Oct 28, 2016. 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 $7,035 in taxes each year. 801 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $174,100. If we break it down further, the land itself was valued at $32,600. Improvements to the property, however, were assessed at a total of $141,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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.

Building Features

Building Style

Split Level
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH NATHAN D
  • Current Owner 2: SMITH SHERRY DYER
  • Previous Owner : JONES RICARDO FITZGERALD
  • Owner Before Previous Owner: CITMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clayton Borough School District
  • Census Tract: 501502

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 01
  • Parcel: 01 00213-0000-00001
  • Block: 213
  • Lot: 1
  • Municipality: CLAYTON BORO
  • Latitude: 39.648
  • Longitude: -75.0995

    Address

  • Full Address: 801 Franklin St
  • Address - House Number: 801
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Clayton
  • Carrier Code: C003
  • 4-Digit Zip Code: 2002
  • Zip Code: 08312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,035

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 330,620
  • High Value: 395,979
  • Low Value: 265,260

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $203,660
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2017
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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: Oct 01, 2047
  • Second Open Lien Mortgage Lender: CENLAR FSB
  • Second Open Lien Mortgage Recording Date: Dec 20, 2021
  • Second Open Lien Mortgage Loan Amount: $22,011
  • Second Open Lien Mortgage Term: 309
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $229,199
  • Market Land Value: $42,917
  • Market Improvement Value: $186,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,100
  • Assessed Land Value: $32,600
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Contract Date: Sep 19, 2017
  • Current Sale Recording Date: Sep 27, 2017
  • Current Sale Transaction ID: 1736849581
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 37888
  • Previous Sale Recording Date: Dec 07, 2016
  • Previous Sale Contract Date: Oct 28, 2016
  • Previous Sale Amount: $70,920
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Sep 27, 2017
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

About Clayton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 115 W Clinton St, CLAYTON, NJ, 08312

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 2,616 ft²
115 W Clinton St #A, CLAYTON, NJ, 08312 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 801 Franklin Street located in?
The 801 Franklin Street is a house located in the neighborhood of Gloucester in Clayton, Clayton.
What is the average sales price for listings in 801 Franklin Street?
The average sales price for units in 801 Franklin Street is $0 currently.

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