863 Lafayette Street

863 Lafayette Street has been categorized by the local assessors in Elizabeth, NJ as a residential type of property. The building on the property was first built in 1876 and is 148 years old. In addition, 863 Lafayette Street has 1,257 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 850 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,126 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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, 863 Lafayette Street was last sold in May 3, 2019 for $144,375. According to our calculations, that's $114.86 per sqft. Prior to that sales transaction, the property was sold for $1,000 in Jan 27, 2016. Current property owners are expected to pay $7,480 in taxes per year. The property on 863 Lafayette Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,800. To break that down further, the land itself was valued at $5,900. While improvements to the property were assessed at a total of $17,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.