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81 North Gaston Avenue

81 North Gaston Avenue, Somerville, NJ 08876
Property in Somerset
Sold Jul 16, 2013
$287,000
$281,800 by Everbank.com
Mortgage Due Aug 01, 2043
Sold Aug 02, 2005
$289,000
$216,750 by Countrywide Home Loans Inc
Mortgage
Local assessors in Somerville, NJ have categorized 81 North Gaston Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. 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 81 North Gaston Avenue has a total of 1,383 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. 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. 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, 81 North Gaston Avenue was last sold in Jul 8, 2013 for $287,000. According to our calculations, that's $207.52 per sqft. Prior to that sales transaction, the property was sold for $289,000 in Jun 28, 2005. Current property owners are expected to pay $9,674 in taxes per year. The property on 81 North Gaston Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $250,500. To break that down further, the land itself was valued at $112,900. While improvements to the property were assessed at a total of $137,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,383
  • Building Area: 1,383
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,383
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARRIOLA BYRON A
  • Current Owner 2: SQUINDO ERIN
  • Previous Owner : MIRANDA GLORIA A
  • Owner Before Previous Owner: SALOMON DAVID L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerville Borough School District
  • Census Tract: 050100

Zoning

  • Zoning: PO-R

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 18
  • Parcel: 18 00072-0000-00012
  • Block: 72
  • Lot: 12
  • Municipality: SOMERVILLE BORO
  • Latitude: 40.5693
  • Longitude: -74.603

    Address

  • Full Address: 81 N Gaston Ave
  • Address - House Number: 81
  • Street Direction: N
  • Address - Street Name: Gaston
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Somerville
  • Carrier Code: C013
  • 4-Digit Zip Code: 2427
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,674

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 450,788
  • High Value: 512,702
  • Low Value: 388,873

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $350,265
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: Jul 16, 2013
  • First Open Lien Mortgage Loan Amount: $281,800
  • 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: Aug 01, 2043
  • Second Open Lien Mortgage Lender: NEW JERSEY HOUSING & MORTGAGE
  • Second Open Lien Mortgage Recording Date: Nov 29, 2017
  • Second Open Lien Mortgage Loan Amount: $46,165
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Nov 29, 2047
  • Third Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • Third Open Lien Mortgage Recording Date: Feb 01, 2021
  • Third Open Lien Mortgage Loan Amount: $22,300
  • Third Open Lien Mortgage Term: 303
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $332,757
  • Market Land Value: $149,973
  • Market Improvement Value: $182,784

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,500
  • Assessed Land Value: $112,900
  • Assessed Improvements Value: $137,600

    Sales

  • Current Sale Contract Date: Jul 08, 2013
  • Current Sale Recording Date: Jul 16, 2013
  • Current Sale Transaction ID: 1192802269
  • Current Sale Price: $287,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2013039821
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: Jul 16, 2013
  • First Mortgage Loan Amount: $281,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 02, 2005
  • Previous Mortgage Loan Amount: $216,750
  • Previous Mortgage Term: 360

About Somerville



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Frequently Asked Questions

What neighborhood is 81 North Gaston Avenue located in?
The 81 North Gaston Avenue is a located in the neighborhood of Somerset in Somerville, Somerville.
What is the average sales price for listings in 81 North Gaston Avenue?
The average sales price for units in 81 North Gaston Avenue is $0 currently.

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